Smart Grid Managed Services Market, Global Outlook and Forecast 2023-2030
The global Smart Grid Managed Services market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Smart grid managed services refer to the synchronization of different smart grid software and related hardware technologies. They also include operational services such as deployment of AMIs and smart meters, and integration of renewable energy with the smart grids.
This report aims to provide a comprehensive presentation of the global market for Smart Grid Managed Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Grid Managed Services. This report contains market size and forecasts of Smart Grid Managed Services in global, including the following market information:
- Global Smart Grid Managed Services Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global top five companies in 2022 (%)
The DMS market segment to account for almost 40% of the total market share. A DMS integrates all the systems of the grid and acts as a decision support system. Its ability to take corrective measures, finds faults, and provide useful information to the operator to manage the grid more efficiently will lead to its augmented adoption during the forecast period. Furthermore, with the increasing focus on renewable energy installations and demand-response programs, the demand for DMS will witness a stark increase.
We surveyed the Smart Grid Managed Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Smart Grid Managed Services Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Smart Grid Managed Services Market Segment Percentages, by Type, 2022 (%)
- Energy Management Systems (EMS)
- Distribution Management Systems (DMS)
- Data Analytics
- Others
Global Smart Grid Managed Services Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Smart Grid Managed Services Market Segment Percentages, by Application, 2022 (%)
- Power Utilities
- Independent Power Producers (IPPs)
- Others
Global Smart Grid Managed Services Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Smart Grid Managed Services Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Smart Grid Managed Services revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Smart Grid Managed Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- GE-Alstom
- IBM Corp
- Siemens Corp
- Ericsson
- Itron
- Lockheed Martin
- Alcatel-Lucent
- Accenture Plc
- Capgemini SA
- AT&T
- EnerNOC
- Infosys
- Wipro
- FirstCarbon Solutions
- HCL Technologies
- Tendril Networks
- Trilliant Energy Services
Outline of Major Chapters:
Chapter 1: Introduces the definition of Smart Grid Managed Services, market overview.
Chapter 2: Global Smart Grid Managed Services market size in revenue.
Chapter 3: Detailed analysis of Smart Grid Managed Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Smart Grid Managed Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.