Global Utility Analytics Market Poised for Rapid Expansion, Surpassing USD 15.5 Billion by 2035 | FMI
Utility Analytics and Energy Analytics Market is set to grow at 14.9% CAGR, reaching USD 15.5 billion by 2035, driven by AI, IoT & renewable energy integration.
NEWARK, DE, UNITED STATES, February 14, 2025 /EINPresswire.com/ — The global Utility Analytics and Energy Analytics Market is poised for significant expansion in the coming decade. As per the latest market projections, the industry is estimated to be worth USD 3,881.93 million in 2025, witnessing a steady year-over-year (Y-o-Y) growth of 7.3% from USD 3,380.0 million in 2024. The market is anticipated to experience a robust compound annual growth rate (CAGR) of 14.9%, ultimately reaching a valuation of USD 15,500.99 million by 2035.
The increasing emphasis on sustainability, smart grid adoption, and real-time energy optimization is fueling the rapid growth of the utility analytics and energy analytics sector. The integration of Artificial Intelligence (AI), Internet of Things (IoT), and Big Data analytics in energy management solutions is revolutionizing how utilities optimize power generation, distribution, and consumption. With growing regulatory support and the integration of renewable energy sources into utility grids, the demand for energy analytics solutions is expected to surge.
๐๐๐ข๐ง ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ โ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฐ! @ https://www.futuremarketinsights.com/report-sample#5245502d47422d323332
๐๐จ๐ฐ๐๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐
๐ฎ๐ญ๐ฎ๐ซ๐: ๐๐ก๐ ๐๐จ๐ฅ๐ ๐จ๐ ๐๐ญ๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐ง๐๐ฅ๐ฒ๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ง๐๐ซ๐ ๐ฒ ๐๐ฉ๐ญ๐ข๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง
The Utility Analytics and Energy Analytics Market is evolving rapidly, playing a critical role in transforming energy efficiency, reducing operational costs, and enhancing grid resilience. This sector encompasses advanced data analytics solutions that optimize power management across various utility services.
Smart analytics solutions utilize real-time energy intelligence, predictive maintenance tools, and IoT-enabled sensors to enhance energy efficiency. These technologies help power companies monitor energy flow, predict power outages, and optimize grid performance while ensuring compliance with environmental regulations. Moreover, energy analytics facilitate seamless integration of renewable energy sources, including wind and solar, into conventional grids, boosting sustainability and energy conservation efforts worldwide.
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ ๐๐ซ๐จ๐ฆ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ
The global utility analytics and energy analytics market is projected to grow from USD 3,881.93 million in 2025 to USD 15,500.99 million by 2035, reflecting a CAGR of 14.9%.
Market revenue in 2024 was USD 3,380.0 million, with an expected Y-o-Y growth rate of 7.3% in 2025.
Rising investments in renewable energy and the demand for energy efficiency optimization are key drivers of market growth.
Technological advancements such as SCADA (Supervisory Control and Data Acquisition) systems, IoT-based sensors, and predictive maintenance tools are enhancing utility analytics solutions.
Europe and Asia-Pacific are leading the market due to strong policy support for energy optimization initiatives.
North America continues to maintain a steady growth trajectory, driven by the adoption of smart grids and carbon emissions reduction goals.
“๐๐ฉ๐๐ก๐๐ฉ๐ฎ ๐๐ฃ๐๐ก๐ฎ๐ฉ๐๐๐จ ๐๐จ ๐ฃ๐ค ๐ก๐ค๐ฃ๐๐๐ง ๐๐ฃ ๐ค๐ฅ๐ฉ๐๐ค๐ฃ ๐๐ช๐ฉ ๐ ๐ฃ๐๐๐๐จ๐จ๐๐ฉ๐ฎ ๐๐ค๐ง ๐๐ฃ๐๐ง๐๐ฎ ๐ฅ๐ง๐ค๐ซ๐๐๐๐ง๐จ ๐๐๐ข๐๐ฃ๐ ๐ฉ๐ค ๐๐ฃ๐๐๐ฃ๐๐ ๐ค๐ฅ๐๐ง๐๐ฉ๐๐ค๐ฃ๐๐ก ๐๐๐๐๐๐๐๐ฃ๐๐ฎ ๐๐ฃ๐ ๐๐ฃ๐จ๐ช๐ง๐ ๐๐ฃ๐๐ง๐๐ฎ ๐จ๐ช๐จ๐ฉ๐๐๐ฃ๐๐๐๐ก๐๐ฉ๐ฎ,” ๐จ๐ฉ๐๐ฉ๐๐จ ๐ ๐จ๐๐ฃ๐๐ค๐ง ๐๐ฃ๐๐ช๐จ๐ฉ๐ง๐ฎ ๐๐ญ๐ฅ๐๐ง๐ฉ. “๐๐๐ฉ๐ ๐๐ก๐๐ข๐๐ฉ๐ ๐๐๐๐ฃ๐๐ ๐๐ค๐ฃ๐๐๐ง๐ฃ๐จ ๐๐ง๐ค๐ฌ๐๐ฃ๐ ๐๐ฃ๐ ๐ง๐๐๐ช๐ก๐๐ฉ๐ค๐ง๐ฎ ๐๐ง๐๐ข๐๐ฌ๐ค๐ง๐ ๐จ ๐ฉ๐๐๐๐ฉ๐๐ฃ๐๐ฃ๐, ๐๐ฃ๐๐ง๐๐ฎ ๐๐ค๐ข๐ฅ๐๐ฃ๐๐๐จ ๐๐ง๐ ๐๐ค๐ข๐ฅ๐๐ก๐ก๐๐ ๐ฉ๐ค ๐๐๐ค๐ฅ๐ฉ ๐๐๐ซ๐๐ฃ๐๐๐ ๐๐ฃ๐๐ก๐ฎ๐ฉ๐๐๐จ ๐จ๐ค๐ก๐ช๐ฉ๐๐ค๐ฃ๐จ ๐ฉ๐ค ๐๐๐๐๐๐ซ๐ ๐๐ค๐จ๐ฉ ๐๐๐๐๐๐๐๐ฃ๐๐ฎ ๐๐ฃ๐ ๐๐ง๐๐ ๐ง๐๐จ๐๐ก๐๐๐ฃ๐๐.”
๐๐ฆ๐๐ซ๐ญ ๐๐ง๐๐ซ๐ ๐ฒ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ: ๐๐ง๐ก๐๐ง๐๐ข๐ง๐ ๐๐ญ๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐๐ซ๐๐จ๐ซ๐ฆ๐๐ง๐๐
Utility analytics play a crucial role in various sectors, including power generation, transmission, and distribution. Companies are leveraging AI-powered algorithms and real-time data monitoring to enhance efficiency and reliability across the energy supply chain.
๐๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ ๐จ๐ ๐๐ญ๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐ง๐๐ฅ๐ฒ๐ญ๐ข๐๐ฌ ๐๐ง๐ ๐๐ง๐๐ซ๐ ๐ฒ ๐๐ง๐๐ฅ๐ฒ๐ญ๐ข๐๐ฌ:
Predictive Maintenance: AI-powered systems predict equipment failures, reducing downtime and repair costs.
Grid Optimization: Real-time monitoring of power grids improves energy distribution and prevents overloads.
Energy Demand Forecasting: Advanced analytics tools help utilities predict energy demand fluctuations and adjust supply accordingly.
Renewable Energy Integration: Analytics assist in seamlessly incorporating wind, solar, and hydroelectric energy into existing power grids.
These technologies ensure optimal power utilization, enhance grid stability, and support sustainable energy practices.
๐๐จ ๐๐๐ข๐ง ๐๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ง ๐๐๐ซ๐ค๐๐ญ, ๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.futuremarketinsights.com/reports/utility-analytics-energy-analytics-market
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ, ๐๐ซ๐๐ง๐๐ฌ, ๐๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
The Utility Analytics and Energy Analytics Market is shaped by several key determinants:
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ:
Rising Investments in Renewable Energy: Governments and energy providers are increasing funding for solar, wind, and hydroelectric projects, driving the demand for analytics solutions.
Growing Adoption of Smart Grids: Advanced analytics enable real-time decision-making, ensuring efficient energy distribution.
Stringent Environmental Regulations: Global policies promoting carbon footprint reduction encourage the adoption of smart energy analytics.
Emerging Trends:
Integration of AI and Machine Learning in Energy Forecasting
Deployment of Smart Sensors for Real-Time Energy Monitoring
Cloud-Based Analytics for Scalable and Remote Energy Management
Opportunities:
Expansion in emerging economies with increasing energy demand
Technological advancements in IoT-enabled energy analytics solutions
Increased focus on predictive analytics and automation in utility services
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐จ๐ ๐๐ญ๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐ง๐๐ฅ๐ฒ๐ญ๐ข๐๐ฌ ๐๐ง๐ ๐๐ง๐๐ซ๐ ๐ฒ ๐๐ง๐๐ฅ๐ฒ๐ญ๐ข๐๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
IBM Corporation
Siemens AG
Schneider Electric
General Electric (GE)
Oracle Corporation
SAP SE
ABB Ltd
Hitachi Energy
SAS Institute
Microsoft Corporation
Teradata Corporation
TIBCO Software Inc.
Itron Inc.
AutoGrid Systems Inc.
EnergyHub
๐๐ญ๐๐ฒ ๐๐ก๐๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐ซ๐๐ง๐ฌ๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ โ ๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐จ๐๐๐ฒ! @ https://www.futuremarketinsights.com/industry-analysis/digital-transformation
๐๐๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐จ๐ ๐๐ญ๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐ง๐๐ฅ๐ฒ๐ญ๐ข๐๐ฌ ๐๐ง๐ ๐๐ง๐๐ซ๐ ๐ฒ ๐๐ง๐๐ฅ๐ฒ๐ญ๐ข๐๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
By Type:
In terms of Type is segregated Business Analytics, Big Data Platform, Optimization Services and Information Integration and Governance.
By Deployment:
In terms of Component, is distributed into On-Premise and Cloud.
By Application:
In terms of Application, is segregated Billing Support, Energy Efficiency, Revenue Protection, Load Research and Forecasting, Distribution Planning and Operation and Others.
By Industry:
In terms of Industry, is segregated Oil & Gas, Energy, Utilities, Electricity, Water and Waste and Recycle.
By Region:
Key countries of North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & pacific, Middle East and Africa (MEA) have been covered in the report.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
Ankush Nikam
Future Market Insights, Inc.
+ +91 90966 84197
email us here
Visit us on social media:
Facebook
X
LinkedIn
YouTube
Other
Legal Disclaimer:
EIN Presswire provides this news content “as is” without warranty of any kind. We do not accept any responsibility or liability
for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this
article. If you have any complaints or copyright issues related to this article, kindly contact the author above.