The global digital utility market size was valued at USD 242.3 billion in 2025 and is projected to grow from USD 266.6 billion in 2026 to USD 570.8 billion in 2033, at a CAGR of 11.5% from 2026 to 2033. North America dominated the market, accounting for a revenue share of 30.0% in 2025. A rising number of renewable power generation projects and energy efficiency mandates is driving this growth. In addition, stringent regulatory policies are further stimulating market growth. The increasing demand for green energy, along with rapid digitalization, is driving the need for digital utility solutions. Moreover, the increasing adoption of digital technologies and the rising demand for domestic electricity in countries such as China and India are expected to boost the market.
Digital utility solutions enhance the efficiency of power generation plants and help reduce greenhouse gas emissions. Stringent regulatory standards are anticipated to strengthen the market further in the coming years. Increased data collection and exchange, along with a rise in connected devices, are expected to provide significant momentum for market growth. In addition, technological advancements such as predictive maintenance, information sharing, and operational control solutions play a crucial role in the development of this market.
The utility sector is increasingly adopting innovative digital technologies, including blockchain, artificial intelligence, and machine learning, to improve operations, better serve customers, and facilitate interactions with partners across the supply chain. Digital utility solutions empower users to manage energy generation and distribution effectively. These solutions offer capabilities such as predictive maintenance, enhanced safety and efficiency, and improved customer satisfaction. For instance, in March 2025, ABB showcased its latest digital utility portfolio at DISTRIBUTECH 2025. This portfolio features advanced grid automation, digital substations, protection and control systems, and asset management solutions, all designed to enhance grid reliability, resilience, and operational efficiency for electric utilities.
The market's growth can be attributed to various factors, including an increasing number of renewable power generation projects and energy efficiency mandates. The rising demand for green energy and the rapid pace of digitalization are further driving market expansion.
▪ Canada
▪ Mexico
▪ Germany
▪ France
▪ China
▪ India
▪ Australia
▪ South Korea
▪ Saudi Arabia
▪ UAE
Digital utility solutions enhance the efficiency of power generation plants and help reduce greenhouse gas emissions. Stringent regulatory standards are anticipated to strengthen the market further in the coming years. Increased data collection and exchange, along with a rise in connected devices, are expected to provide significant momentum for market growth. In addition, technological advancements such as predictive maintenance, information sharing, and operational control solutions play a crucial role in the development of this market.
The utility sector is increasingly adopting innovative digital technologies, including blockchain, artificial intelligence, and machine learning, to improve operations, better serve customers, and facilitate interactions with partners across the supply chain. Digital utility solutions empower users to manage energy generation and distribution effectively. These solutions offer capabilities such as predictive maintenance, enhanced safety and efficiency, and improved customer satisfaction. For instance, in March 2025, ABB showcased its latest digital utility portfolio at DISTRIBUTECH 2025. This portfolio features advanced grid automation, digital substations, protection and control systems, and asset management solutions, all designed to enhance grid reliability, resilience, and operational efficiency for electric utilities.
The market's growth can be attributed to various factors, including an increasing number of renewable power generation projects and energy efficiency mandates. The rising demand for green energy and the rapid pace of digitalization are further driving market expansion.
Global Digital Utility Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2021 to 2033. For this study, the analyst has segmented the global digital utility market report based on technology, network, and region:Technology Outlook (Revenue, USD Billion, 2021 - 2033)
- Hardware
- Integrated Solutions
Network Outlook (Revenue, USD Billion, 2021 - 2033)
- Generation
- Transmission & Distribution
- Retail
Regional Outlook (Revenue, USD Billion; 2021 - 2033)
- North America
▪ Canada
▪ Mexico
- Europe
▪ Germany
▪ France
- Asia Pacific
▪ China
▪ India
▪ Australia
▪ South Korea
- Latin America
- Middle East and Africa (MEA)
▪ Saudi Arabia
▪ UAE
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Digital Utility Market Variables, Trends, & Scope
Chapter 4. Digital Utility Market: Technology Estimates & Trend Analysis
Chapter 5. Digital Utility Market: Network Estimates & Trend Analysis
Chapter 6. Digital Utility Market: Regional Estimates & Trend Analysis
Chapter 7. Competitive Landscape
Companies Mentioned
- ABB Ltd
- Accenture
- Cisco Systems, Inc.
- Honeywell International Inc.
- IBM Corporation
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- Schneider Electric SE
- Siemens AG
