Global Smart Grid Market

Global smart grid market by component (hardware, services, software), by end user (commercial, industrial, residential), by region (Asia Pacific, Europe, North America, Rest of the World (RoW)), industry snapshot, 2022-2028

SKU: GM02857I Category: Region:



According to market research study published by Gen Consulting Company, the market size of the global smart grid sector is expected to rise by USD 27 billion with a CAGR of 9.1% by the end of 2028.

This industry report offers market estimates of the global market, followed by a detailed analysis of the component, end user, and region. The global market data on smart grid can be segmented by component: hardware, services, software. According to the research, the hardware segment had the largest share in the global smart grid market. Smart grid market is further segmented by end user: commercial, industrial, residential. In 2021, the residential segment made up the largest share of revenue generated by the smart grid market. Based on region, the smart grid market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW). Among these, North America was accounted for the highest revenue generator in 2021.

The global smart grid market is highly competitive. The leading players in the smart grid market include Advanced Micro Devices Inc., ABB Ltd., Inc., Cisco Systems Inc., CyanConnode Holdings plc, Eaton Corporation plc, Enel X North America Inc., Firecomms Ltd., Fujitsu Limited, General Electric Company, Honeywell International Inc., IBM Corporation, Itron Inc., Kamstrup A/S, Landis+Gyr AG, Open Systems International Inc., Oracle Corporation, Power Plus Communications AG, Schneider Electric SE, Siemens AG, Tech Mahindra, Wipro Limited, Xylem Inc.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.

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Global Smart Grid Market

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