Market Reports

For those planning market entry or expansion, this report lays out critical data and expert analysis on the digital power utility industry landscape. What Is The Current Outlook For The Digital Power Utility Market By 2025? The digital power utility market size has grown rapidly in recent years. It will grow from $92.43 billion in 2024 to $110.15 billion in 2025 at a compound annual growth rate (CAGR) of 19.2%. The growth in the historic period can be attributed to the rising focus on renewable energy projects and energy storage devices, rising distribution and transmission network, the increasing global warming and degradation of natural resources, growing environmental concerns, increasing number of renewable energy plants. The digital power utility market size is expected to see rapid growth in the next few years. It will grow to $226.97 billion in 2029 at a compound annual growth rate (CAGR) of 19.8%. The growth in the forecast period can be attributed to the growing industrializat...