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In the midst of surging demand for quick digitalization and green energy in the energy segment, the interest for digital utility system is rising notably. Penetration of digital innovations in the vitality sector and programs in nations, for example, India and China expected to fulfil local needs are foreseen to feed the demand for digital utility solutions.<br><br>
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Digital Utility Market : Overview In the midst of surging demand for quick digitalization and green energy in the energy segment, the interest for digital utility system is rising notably. Penetration of digital innovations in the vitality sector and programs in nations, for example, India and China expected to fulfil local needs are foreseen to feed the demand for digital utility solutions. Digital utility arrangements serve to empower power producing plants to manage the tasks productively that decreases the loss of energy and keeps a check on the emission of greenhouse gases.
Digital Utility Market : Key Trends Increasing number of distributed and renewable power generation projects, mandates for utility companies pertaining to carbon emissions, and strict regulatory requirements for electric utilities are some key factors driving the worldwide digital utility market. Digital utility solutions serve to enable power generation plants to manage operations efficiently that helps reduce energy loss and curb greenhouse gas emissions. Download PDF Brochure
Digital Utility Market : Regional Outlook North America is the leading regional market for digital utility vis-à-vis revenue. This is because of increasing number of renewable power plants and vast investments for upgrade of electrical infrastructure. In addition, growing digitalization and increasing connectivity of devices because of Internet of Things (IoT) are likely to fuel the digital utility market. Grab Discount
Digital Utility Market : Key Players Some of the leading players in the digital utility market are Accenture plc, ABB Ltd., General Electric Company, SAP SE, Cap Gemini S.A., Siemens AG, Oracle Corporation, and International Business Machines Corporation among others. Click For TOC
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