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Smart Grid as a Service Market

Smart Grid as a Service Market By Application (Generation, Transmission, Distribution, and Consumption) By Communication Technology (Wireline and Wireless)-Growth, Future Prospects & Competitive Analysis, 2016 – 2030

Summary
Table Of Content

Key Highlights of the Report

How are the major segments performing in the Smart Grid as a Service market?

In 2022, the distribution segment accounted for the largest share of the market as it is widely used to cut down the generated high voltage.
In 2022, the wireline segment was anticipated to hold a largest share in the global smart grid as a service market as it alludes to data transmission over a distance devoid of electrical lines or conductors.

What is the Market Size of Smart Grid as a Service regarding value?

The global smart grid as a service market is anticipated to grow at a substantial CAGR of 22.90% in the upcoming years. The global smart grid as a service industry was estimated to be worth USD 9.5 billion in 2022 and was expected to be worth USD 40.23 billion by 2030.

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Which region dominated the Smart Grid as a Service market?

In 2022, the North American region was anticipated to hold a prominent share of the global smart grid as a service market. Owing to the growth of electric vehicles and significant expenditures made in this region by both public and private organizations and government bodies. Additionally, the adoption of cutting-edge technology innovations like AMI, smart grid distribution management, smart grid communication, and substation automation in the area can be credited with the rise.

Which are the key countries in the Smart Grid as a Service market?

In 2022, the U.S. region was anticipated to hold a prominent share of the North American smart grid as a service market. The U.S. is projected to make the largest contribution to the North American market for smart grids. This region is expected to contribute quite a bit in the near future thanks to the financial backing of numerous colleges.

In 2022, the China region was anticipated to hold a prominent share of the Asia Pacific smart grid as a service market. Due to increased government initiatives and investments in installing smart grid systems across the country for the effective delivery of power, a country like China is expected to offer attractive growth prospects in the years to come.

How is the economy impacting the global Smart Grid as a Service growth?

Various businesses and nations experienced economic hardship as a result of COVID-19. Due to the closure of industrial facility chains, the disruption of supply chain analyses, and the lack of sufficient funding among consumers, several projects have been severely interrupted. To stop the virus from spreading, a number of organizations have also implemented harsh measures, such as social distance rules, lockdowns at the state and federal levels, and restrictions on worldwide interactions. These measures have a negative effect on the financial stability of organizations.

REPORT ATTRIBUTE	DETAILS
Smart Grid as a Service Market by Value	Yes
Smart Grid as a Service Market, Tornado Analysis	Yes
Smart Grid as a Service Market, STAR Analysis	Yes
Smart Grid as a Service Market, SRC Analysis	Yes
Smart Grid as a Service Market Pricing Analysis	Yes (On Demand)
Smart Grid as a Service Market Segment Analysis	By Application (Generation, Transmission, Distribution, and Consumption) By Communication Technology (Wireline and Wireless)
Smart Grid as a Service Market, Regional Analysis	North America (US, Canada, Mexico) Europe (Germany, UK, France, Italy, Spain, and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, South East Asia, and Rest of Asia Pacific) Latin America (Brazil, Argentina, and Rest of Latin America) Middle East and Africa (GCC Countries, South Africa, and Rest of the Middle East and Africa)
Smart Grid as a Service Market Key Companies	ABB (Switzerland), Siemens (Germany), Schneider Electric (France), S&C Electric Company (U.S.), Eaton (Ireland), GE (U.S.), IBM (U.S.), Wipro Limited (India), Honeywell (U.S.), Cisco (U.S.), Aclara (U.S.), Landis+Gyr (Switzerland), Oracle (U.S.), and Itron (U.S.)
Smart Grid as a Service Market Competitive Landscape	Market Share Analysis Competitive Benchmarking Key Players Market Positioning Geographical Presence Analysis Major Strategies Adopted

What is the competitive environment of the Smart Grid as a Service market?

The global market share for smart grid as a service, the business organisation overview, the launch of new products, and the opportunities for the smart industrial grid as a service market are all details that are provided by the competitive environment of this industry. For instance, in September 2020, A new Unified Power Flow Controller (UPFC) PLUS was introduced by Siemens Energy, a Siemens subsidiary, expanding the choices for grid stabilization. By dynamically regulating the load flow in alternating-current grids, the UPFC PLUS aids system operators in stabilizing the grid. Furthermore, in July 2018, In partnership with Tata Power Delhi Distribution (Tata Power – DDL), the Grid Solutions division of GE Power unveiled a brand-new Advanced Distribution Management Solution (ADMS) with cutting-edge capabilities, including monitoring, security, analysis, and planning that is specifically tailored for India.

Executive Summary

What are the key trends in the Smart Grid as a Service market?

Smart cities are developed metropolitan regions that excel in a number of categories, including technology, mobility, the environment, living standards, and governmental laws. These urban areas produce sustained economic growth and high quality of life. There are already more than 100 smart city projects underway throughout the globe, which offers enormous opportunities for technology firms, utility service providers, and consulting firms. When resources are used effectively and cutting-edge technologies like IoT and smart energy meters are adopted, vital utilities, safety, transportation, and healthcare services are managed more effectively and intelligently. A strong, smart grid platform will likely be crucial to developing centrally planned and managed infrastructure in smart cities.

How are Manufacturers Teaming Up with Stakeholders in Smart Grid as a Service Market?

Smart cities are developed metropolitan regions that excel in a number of categories, including technology, mobility, the environment, living standards, and governmental laws. These urban areas produce sustained economic growth and high quality of life. There are already more than 100 smart city projects underway throughout the globe, which offers enormous opportunities for technology firms, utility service providers, and consulting firms. When resources are used effectively and cutting-edge technologies like IoT and smart energy meters are adopted, vital utilities, safety, transportation, and healthcare services are managed more effectively and intelligently. Further, the requirements for energy monitoring, real-time data collection, and smart billing generated by modernization is impossible for traditional power grid models to achieve. They also are unable to offer citizens the same level of efficiency. A strong, smart grid platform will likely be crucial to developing centrally planned and managed infrastructure in smart cities. Smart grids will probably be widely adopted in smart cities due to favorable circumstances like improved internet connectivity and enhanced ICT infrastructure.

Which are the key investments by the Smart Grid as a Service market players?

Leading players operating in the smart grid as a service market are focusing on expansion in production capacities for the smart grid. In addition, players are focusing on strategic alliances, partnerships, and raising farmers’ knowledge through a variety of associations established to support smart grid plans to serve more end users in the home market and acquire a competitive edge. For instance, in May 2021, Thailand-based Impact Solar teamed up with Hitachi ABB Power Grids to provide an energy storage system for the largest privately owned microgrid in the nation.

Some major players in the Smart Grid as a Service market are ABB (Switzerland), Siemens (Germany), Schneider Electric (France), S&C Electric Company (U.S.), Eaton (Ireland), GE (U.S.), IBM (U.S.), Wipro Limited (India), Honeywell (U.S.), Cisco (U.S.), Aclara (U.S.), Landis+Gyr (Switzerland), Oracle (U.S.), and Itron (U.S.)

What are the Major Driving Factors for the Smart Grid as a Service Market?

The worldwide smart grid industry is primarily driven by favorable legislative frameworks of various countries that encourage smart grid adoption. The government’s regulatory framework encourages and requires the construction of smart power networks by raising public knowledge of their advantages. The network fault can be automatically repaired by the smart grids, which are also capable of detecting network defects. Therefore, the smart grids’ reliable and efficient power supply is anticipated to offer the economy and many businesses in the coming years. Additionally, as smart grids offer energy efficiency in consumption and conservation, the market for them is expanding due to growing environmental concerns. Increased investments in creating digital electricity infrastructure are fueling global market expansion. Smart meters, electric vehicle chargers, and other smart grid technologies are all being adopted at a faster rate thanks to smart grid technology, which is helping to build the infrastructure for the smart grid.

What are the Major Risks for the Smart Grid as a Service Market?

Compared to conventional grids, the deployment phase of smart grids takes significantly more capital, which could impede the global expansion of the market. The transformation of infrastructures is a crucial function of local and federal governments. The client and smart grid transmission network must use expensive technologies. Additionally, strong collaboration beyond conventional organizational boundaries, major process change, and strict governance are all necessary to effectively deploy the smart grid. Therefore, high deployment costs for the smart grid and associated high operational and maintenance expenses could strain the government financially. These are major issue for the utility suppliers, which is also expected to limit market expansion.

Which is the key communication technology in the Smart Grid as a Service market?

The wireless segment is expected to hold a prominent share in the global smart grid as a service market during the forecast period. Currently, the most cutting-edge technology is wireless communication. It describes data transmission over a distance without wires or electrical conductors. A bi-directional communication infrastructure that is dependable, secure, and low-latency between the intelligent electronic equipment and the control center is necessary to establish wireless communication in a substation. Wireless technology guarantees cost savings and secure data transmission compared to wireline technology. Due to its high bandwidth, extensive coverage, and optimization of intricate logistical and manufacturing processes, this technology supports the utilities.

How is the Smart Grid as a Service market performing in regions?

Asia Pacific market is anticipated to witness the fastest growth in the global smart grid as a service market during the forecast period. Over the past few years, the market has quietly begun to develop. Countries like China, India, and Japan have seen a growth in power consumption, which has prompted new regulations to produce, distribute, or use electricity more efficiently. Smart grid technology is widely used in China, India, Japan, Australia, South Korea, and other nations in the region. Smart grids in APAC will grow as more cutting-edge energy storage technologies are put into use. Both end users and energy suppliers gain from smart grids; these benefits include effective power distribution management, power outages, demand response (DR), and lower operating costs. Infrastructure growth and smart grid technology are now essential for APAC’s energy industry.

What is the regulatory landscape for the Smart Grid as a Service market?

Governments all around the world have enacted a number of beneficial laws and regulations, with an emphasis on putting in place smart grids and raising awareness of energy conservation. These rules influence the adoption of smart grid technologies for industrial, commercial, and residential applications.

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What are the major players planning for the future of the Smart Grid as a Service market?

It is envisaged that investing in downstream applications and expanding regional presence will give businesses a competitive edge. For instance, in June 2021, Schneider Electric announced a cooperation to use microgrids to assist people and communities affected by weather and climate disasters. The company has deployed more than 170 kWh of mobile battery storage and over 45 kW of mobile solar to support more than disaster response and recovery missions that have given American citizens access to emergency electricity.

Segmentation of Global Smart Grid as a Service Market-

Global Smart Grid as a Service Market – By Application

Generation
Transmission
Distribution
Consumption

Global Smart Grid as a Service Market – By Communication Technology

Wireline
Wireless

Global Smart Grid as a Service Market – By Region

North America
- U.S
- Canada
- Mexico
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- South-east Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Argentina
- Rest of Latin America
Middle East & Africa
- GCC Countries
- South Africa
- Rest of the Middle East and Africa

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Data Modelling
1.3.2.1. Company Share Analysis Model
1.3.2.2. Revenue Based Modelling
1.3.3. Phase III – Primary Research
1.3.4. Research Limitations
1.3.5. Assumptions
1.4. Market Introduction
1.5. Market Research Scope

2. Executive Summary
2.1. Market Snapshot: Global Smart Grid as a Service Market
2.2. Global Smart Grid as a Service Market, By Application
2.3. Global Smart Grid as a Service Market, By Communication Technology
2.4. Global Smart Grid as a Service Market, By Region

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Smart Grid as a Service Market Value, 2017-2030, (US$ Mn)
3.1.2. Y-o-Y Growth Trend Analysis
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.2.4. Major Industry Challenges
3.2.4.1. Challenge 1
3.2.4.2. Challenge 2
3.3. Growth and Development Patterns
3.4. Investment Feasibility Analysis
3.5. Market Opportunity Analysis
3.5.1. Application
3.5.2. Communication Technology
3.5.3. Application
3.5.4. Geography

4. Premium Insights
4.1. STAR (Situation, Task, Action, Results) Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers/Consumers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitute Types
4.2.5. Intensity of Competitive Rivalry
4.3. Key Market Trends
4.3.1. Demand Side Trends
4.3.2. Supply Side Trends
4.4. Value Chain Analysis
4.5. Application Analysis
4.6. Analysis and Recommendations
4.7. Marketing Strategy Analysis
4.7.1. Direct Marketing
4.7.2. Indirect Marketing
4.7.3. Marketing Channel Development Trend

5. Market Positioning of Key Players, 2022
5.1. Company market share of key players, 2022
5.2. Competitive Benchmarking
5.3. Market Positioning of Key Vendors
5.4. Geographical Presence Analysis
5.5. Major Strategies Adopted by Key Players
5.5.1. Key Strategies Analysis
5.5.2. Mergers and Acquisitions
5.5.3. Partnerships
5.5.4. Product Launch
5.5.5. Geographical Expansion
5.5.6. Others

6. Economic Impact Analysis
6.1. Recession Impact
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Latin America
6.1.5. Middle East and Africa
6.2. Ukraine-Russia War Impact
6.2.1. North America
6.2.2. Europe
6.2.3. Asia Pacific
6.2.4. Latin America
6.2.5. Middle East and Africa
6.3. COVID-19 Impact Analysis
6.3.1. North America
6.3.2. Europe
6.3.3. Asia Pacific
6.3.4. Latin America
6.3.5. Middle East and Africa

7. Global Smart Grid as a Service Market, By Application
7.1. Global Smart Grid as a Service Market Overview, by Application
7.1.1. Global Smart Grid as a Service Market Revenue Share, By Application, 2022 Vs 2030 (in %)
7.2. Generation
7.2.1. Global Smart Grid as a Service Market, By Region, 2017-2030 (US$ Mn)
7.3. Transmission
7.3.1. Global Smart Grid as a Service Market, By Region, 2017-2030 (US$ Mn)
7.4. Distribution
7.4.1. Global Smart Grid as a Service Market, By Region, 2017-2030 (US$ Mn)
7.5. Consumption
7.5.1. Global Smart Grid as a Service Market, By Region, 2017-2030 (US$ Mn)

8. Global Smart Grid as a Service Market, By Communication Technology
8.1. Global Smart Grid as a Service Market Overview, by Communication Technology
8.1.1. Global Smart Grid as a Service Market, By Communication Technology, 2022 vs 2030 (in %)
8.2. Wireline
8.2.1. Global Smart Grid as a Service Market, By Region, 2017-2030 (US$ Mn)
8.3. Wireless
8.3.1. Global Smart Grid as a Service Market, By Region, 2017-2030 (US$ Mn)

9. Global Smart Grid as a Service Market, By Region
9.1. Global Smart Grid as a Service Market Overview, by Region
9.1.1. Global Smart Grid as a Service Market, By Region, 2022 vs 2030 (in%)
9.2. Application
9.2.1. Global Smart Grid as a Service Market, By Application, 2017-2030 (US$ Mn)
9.3. Communication Technology
9.3.1. Global Smart Grid as a Service Market, By Communication Technology, 2017-2030 (US$ Mn)

10. North America Smart Grid as a Service Market Analysis
10.1. North America Smart Grid as a Service Market, by Application, 2017-2030(US$ Mn)
10.1.1. Overview
10.1.2. SRC Analysis
10.2. North America Smart Grid as a Service Market, by Communication Technology, 2017-2030(US$ Mn)
10.2.1. Overview
10.2.2. SRC Analysis
10.3. North America Smart Grid as a Service Market, by Country, 2017-2030 (US$ Mn)
10.3.1. North America Smart Grid as a Service Market, by Country, 2022 Vs 2030 (in%)
10.3.2. U.S.
10.3.2.1. U.S. Smart Grid as a Service Market Estimates and Forecast, 2017-2030 (US$ Mn)
10.3.2.2. U.S. Smart Grid as a Service, By Application, 2017-2030 (US$ Mn)
10.3.2.3. U.S. Smart Grid as a Service, By Communication Technology, 2017-2030 (US$ Mn)
10.3.3. Canada
10.3.3.1. Canada Smart Grid as a Service Market Estimates and Forecast, 2017-2030 (US$ Mn)
10.3.3.2. Canada Smart Grid as a Service, By Application, 2017-2030 (US$ Mn)
10.3.3.3. Canada Smart Grid as a Service, By Communication Technology, 2017-2030 (US$ Mn)
10.3.4. Mexico
10.3.4.1. Mexico Smart Grid as a Service Market Estimates and Forecast, 2017-2030 (US$ Mn)
10.3.4.2. Mexico Smart Grid as a Service, By Application, 2017-2030 (US$ Mn)
10.3.4.3. Mexico Smart Grid as a Service, By Communication Technology, 2017-2030 (US$ Mn)

11. Europe Smart Grid as a Service Market Analysis
11.1. Europe Smart Grid as a Service Market, by Application, 2017-2030(US$ Mn)
11.1.1. Overview
11.1.2. SRC Analysis
11.2. Europe Smart Grid as a Service Market, by Communication Technology, 2017-2030(US$ Mn)
11.2.1. Overview
11.2.2. SRC Analysis
11.3. Europe Smart Grid as a Service Market, by Country, 2017-2030 (US$ Mn)
11.3.1. Europe Smart Grid as a Service Market, by Country, 2022 Vs 2030 (in%)
11.3.2. Germany
11.3.2.1. Germany Smart Grid as a Service Market Estimates and Forecast, 2017-2030 (US$ Mn)
11.3.2.2. Germany Smart Grid as a Service, By Application, 2017-2030 (US$ Mn)
11.3.2.3. Germany Smart Grid as a Service, By Communication Technology, 2017-2030 (US$ Mn)
11.3.3. France
11.3.3.1. France Smart Grid as a Service Market Estimates and Forecast, 2017-2030 (US$ Mn)
11.3.3.2. France Smart Grid as a Service, By Application, 2017-2030 (US$ Mn)
11.3.3.3. France Smart Grid as a Service, By Communication Technology, 2017-2030 (US$ Mn)
11.3.4. UK
11.3.4.1. UK Smart Grid as a Service Market Estimates and Forecast, 2017-2030 (US$ Mn)
11.3.4.2. UK Smart Grid as a Service, By Application, 2017-2030 (US$ Mn)
11.3.4.3. UK Smart Grid as a Service, By Communication Technology, 2017-2030 (US$ Mn)
11.3.5. Italy
11.3.5.1. Italy Smart Grid as a Service Market Estimates and Forecast, 2017-2030 (US$ Mn)
11.3.5.2. Italy Smart Grid as a Service, By Application, 2017-2030 (US$ Mn)
11.3.5.3. Italy Smart Grid as a Service, By Communication Technology, 2017-2030 (US$ Mn)
11.3.6. Spain
11.3.6.1. Spain Smart Grid as a Service Market Estimates and Forecast, 2017-2030 (US$ Mn)
11.3.6.2. Spain Smart Grid as a Service, By Application, 2017-2030 (US$ Mn)
11.3.6.3. Spain Smart Grid as a Service, By Communication Technology, 2017-2030 (US$ Mn)
11.3.7. Rest of Europe
11.3.7.1. Rest of Europe Smart Grid as a Service Market Estimates and Forecast, 2017-2030 (US$ Mn)
11.3.7.2. Rest of Europe Smart Grid as a Service, By Application, 2017-2030 (US$ Mn)
11.3.7.3. Rest of Europe Smart Grid as a Service, By Communication Technology, 2017-2030 (US$ Mn)

12. Asia Pacific Smart Grid as a Service Market Analysis
12.1. Asia Pacific Smart Grid as a Service Market, by Application, 2017-2030(US$ Mn)
12.1.1. Overview
12.1.2. SRC Analysis
12.2. Asia Pacific Smart Grid as a Service Market, by Communication Technology, 2017-2030(US$ Mn)
12.2.1. Overview
12.2.2. SRC Analysis
12.3. Asia Pacific Smart Grid as a Service Market, by Country, 2017-2030 (US$ Mn)
12.3.1. Asia Pacific Smart Grid as a Service Market, by Country, 2022 Vs 2030 (in%)
12.3.2. China
12.3.2.1. China Smart Grid as a Service Market Estimates and Forecast, 2017-2030 (US$ Mn)
12.3.2.2. China Smart Grid as a Service, By Application, 2017-2030 (US$ Mn)
12.3.2.3. China Smart Grid as a Service, By Communication Technology, 2017-2030 (US$ Mn)
12.3.3. Japan
12.3.3.1. Japan Smart Grid as a Service Market Estimates and Forecast, 2017-2030 (US$ Mn)
12.3.3.2. Japan Smart Grid as a Service, By Application, 2017-2030 (US$ Mn)
12.3.3.3. Japan Smart Grid as a Service, By Communication Technology, 2017-2030 (US$ Mn)
12.3.4. India
12.3.4.1. India Smart Grid as a Service Market Estimates and Forecast, 2017-2030 (US$ Mn)
12.3.4.2. India Smart Grid as a Service, By Application, 2017-2030 (US$ Mn)
12.3.4.3. India Smart Grid as a Service, By Communication Technology, 2017-2030 (US$ Mn)
12.3.5. South Korea
12.3.5.1. South Korea Smart Grid as a Service Market Estimates and Forecast, 2017-2030 (US$ Mn)
12.3.5.2. South Korea Smart Grid as a Service, By Application, 2017-2030 (US$ Mn)
12.3.5.3. South Korea Smart Grid as a Service, By Communication Technology, 2017-2030 (US$ Mn)
12.3.6. South-East Asia
12.3.6.1. South-East Asia Smart Grid as a Service Market Estimates and Forecast, 2017-2030 (US$ Mn)
12.3.6.2. South-East Asia Smart Grid as a Service, By Application, 2017-2030 (US$ Mn)
12.3.6.3. South-East Asia Smart Grid as a Service, By Communication Technology, 2017-2030 (US$ Mn)
12.3.7. Rest of Asia Pacific
12.3.7.1. Rest of Asia Pacific Smart Grid as a Service Market Estimates and Forecast, 2017-2030 (US$ Mn)
12.3.7.2. Rest of Asia Pacific Smart Grid as a Service, By Application, 2017-2030 (US$ Mn)
12.3.7.3. Rest of Asia Pacific Smart Grid as a Service, By Communication Technology, 2017-2030 (US$ Mn)

13. Latin America Smart Grid as a Service Market Analysis
13.1. Latin America Smart Grid as a Service Market, by Application, 2017-2030(US$ Mn)
13.1.1. Overview
13.1.2. SRC Analysis
13.2. Latin America Smart Grid as a Service Market, by Communication Technology, 2017-2030(US$ Mn)
13.2.1. Overview
13.2.2. SRC Analysis
13.3. Latin America Smart Grid as a Service Market, by Country, 2017-2030 (US$ Mn)
13.3.1. Latin America Smart Grid as a Service Market, by Country, 2022 Vs 2030 (in%)
13.3.2. Brazil
13.3.2.1. Brazil Smart Grid as a Service Market Estimates and Forecast, 2017-2030 (US$ Mn)
13.3.2.2. Brazil Smart Grid as a Service, By Application, 2017-2030 (US$ Mn)
13.3.2.3. Brazil Smart Grid as a Service, By Communication Technology, 2017-2030 (US$ Mn)
13.3.3. Argentina
13.3.3.1. Argentina Smart Grid as a Service Market Estimates and Forecast, 2017-2030 (US$ Mn)
13.3.3.2. Argentina Smart Grid as a Service, By Application, 2017-2030 (US$ Mn)
13.3.3.3. Argentina Smart Grid as a Service, By Communication Technology, 2017-2030 (US$ Mn)
13.3.4. Rest of Latin America
13.3.4.1. Rest of Latin America Smart Grid as a Service Market Estimates and Forecast, 2017-2030 (US$ Mn)
13.3.4.2. Rest of Latin America Smart Grid as a Service, By Application, 2017-2030 (US$ Mn)
13.3.4.3. Rest of Latin America Smart Grid as a Service, By Communication Technology, 2017-2030 (US$ Mn)

14. Middle East and Africa Smart Grid as a Service Market Analysis
14.1. Middle East and Africa Smart Grid as a Service Market, by Application, 2017-2030(US$ Mn)
14.1.1. Overview
14.1.2. SRC Analysis
14.2. Middle East and Africa Smart Grid as a Service Market, by Communication Technology, 2017-2030(US$ Mn)
14.2.1. Overview
14.2.2. SRC Analysis
14.3. Middle East and Africa Smart Grid as a Service Market, by Country, 2017-2030 (US$ Mn)
14.3.1. Middle East and Africa Smart Grid as a Service Market, by Country, 2022 Vs 2030 (in%)
14.3.2. GCC Countries
14.3.2.1. GCC Countries Smart Grid as a Service Market Estimates and Forecast, 2017-2030 (US$ Mn)
14.3.2.2. GCC Countries Smart Grid as a Service, By Application, 2017-2030 (US$ Mn)
14.3.2.3. GCC Countries Smart Grid as a Service, By Communication Technology, 2017-2030 (US$ Mn)
14.3.3. South Africa
14.3.3.1. South Africa Smart Grid as a Service Market Estimates and Forecast, 2017-2030 (US$ Mn)
14.3.3.2. South Africa Smart Grid as a Service, By Application, 2017-2030 (US$ Mn)
14.3.3.3. South Africa Smart Grid as a Service, By Communication Technology, 2017-2030 (US$ Mn)
14.3.4. Rest of Middle East and Africa
14.3.4.1. Rest of Middle East and Africa Smart Grid as a Service Market Estimates and Forecast, 2017-2030 (US$ Mn)
14.3.4.2. Rest of Middle East and Africa Smart Grid as a Service, By Application, 2017-2030 (US$ Mn)
14.3.4.3. Rest of Middle East and Africa Smart Grid as a Service, By Communication Technology, 2017-2030 (US$ Mn)

15. Company Profiles
15.1. ABB (Switzerland)
15.1.1. Company Overview
15.1.2. Products/Services Portfolio
15.1.3. Geographical Presence
15.1.4. Financial Summary
15.1.4.1. Market Revenue and Net Profit (2019-2022)
15.1.4.2. Business Segment Revenue Analysis
15.1.4.3. Geographical Revenue Analysis
15.2. Siemens (Germany)
15.3. Schneider Electric (France)
15.4. S&C Electric Company (U.S.)
15.5. Eaton (Ireland)
15.6. GE (U.S.)
15.7. IBM (U.S.)
15.8. Wipro Limited (India)
15.9. Honeywell (U.S.)
15.10. Cisco (U.S.)
15.11. Aclara (U.S.)
15.12. Landis+Gyr (Switzerland)
15.13. Oracle (U.S.)
15.14. Itron (U.S.)

List of Figures
FIG. 1 Global Smart Grid as a Service Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Smart Grid as a Service Market Segmentation
FIG. 4 Global Smart Grid as a Service Market, by Application, 2022 (US$ Mn)
FIG. 5 Global Smart Grid as a Service Market, by Communication Technology, 2022 (US$ Mn)
FIG. 6 Global Smart Grid as a Service Market, by Geography, 2022 (US$ Mn)
FIG. 7 Attractive Investment Proposition, by Application, 2022
FIG. 8 Attractive Investment Proposition, by Communication Technology, 2022
FIG. 9 Attractive Investment Proposition, by Geography, 2022
FIG. 10 Global Market Share Analysis of Key Smart Grid as a Service Market Manufacturers, 2022
FIG. 11 Global Market Positioning of Key Smart Grid as a Service Market Manufacturers, 2022
FIG. 12 Global Smart Grid as a Service Market Value Contribution, By Application, 2022 & 2030 (Value %)
FIG. 13 Global Smart Grid as a Service Market, by Generation, Value, 2017-2030 (US$ Mn)
FIG. 14 Global Smart Grid as a Service Market, by Transmission, Value, 2017-2030 (US$ Mn)
FIG. 15 Global Smart Grid as a Service Market, by Distribution, Value, 2017-2030 (US$ Mn)
FIG. 16 Global Smart Grid as a Service Market, by Consumption, Value, 2017-2030 (US$ Mn)
FIG. 17 Global Smart Grid as a Service Market Value Contribution, By Communication Technology, 2022 & 2030 (Value %)
FIG. 18 Global Smart Grid as a Service Market, by Wireline, Value, 2017-2030 (US$ Mn)
FIG. 19 Global Smart Grid as a Service Market, by Wireless, 2017-2030 (US$ Mn)
FIG. 20 North America Smart Grid as a Service Market, 2017-2030 (US$ Mn)
FIG. 21 U.S. Smart Grid as a Service Market, 2017-2030 (US$ Mn)
FIG. 22 Canada Smart Grid as a Service Market, 2017-2030 (US$ Mn)
FIG. 23 Europe Smart Grid as a Service Market, 2017-2030 (US$ Mn)
FIG. 24 Germany Smart Grid as a Service Market, 2017-2030 (US$ Mn)
FIG. 25 France Smart Grid as a Service Market, 2017-2030 (US$ Mn)
FIG. 26 U.K. Smart Grid as a Service Market, 2017-2030 (US$ Mn)
FIG. 27 Italy Smart Grid as a Service Market, 2017-2030 (US$ Mn)
FIG. 28 Spain Smart Grid as a Service Market, 2017-2030 (US$ Mn)
FIG. 29 Rest of Europe Smart Grid as a Service Market, 2017-2030 (US$ Mn)
FIG. 30 Asia Pacific Smart Grid as a Service Market, 2017-2030 (US$ Mn)
FIG. 31 China Smart Grid as a Service Market, 2017-2030 (US$ Mn)
FIG. 32 Japan Smart Grid as a Service Market, 2017-2030 (US$ Mn)
FIG. 33 India Smart Grid as a Service Market, 2017-2030 (US$ Mn)
FIG. 34 South Korea Smart Grid as a Service Market, 2017-2030 (US$ Mn)
FIG. 35 South-East Asia Smart Grid as a Service Market, 2017-2030 (US$ Mn)
FIG. 36 Rest of Asia Pacific Smart Grid as a Service Market, 2017-2030 (US$ Mn)
FIG. 37 Latin America Smart Grid as a Service Market, 2017-2030 (US$ Mn)
FIG. 38 Brazil Smart Grid as a Service Market, 2017-2030 (US$ Mn)
FIG. 39 Mexico Smart Grid as a Service Market, 2017-2030 (US$ Mn)
FIG. 40 Rest of Latin America Smart Grid as a Service Market, 2017-2030 (US$ Mn)
FIG. 41 Middle East & Africa Smart Grid as a Service Market, 2017-2030 (US$ Mn)
FIG. 42 GCC Countries Smart Grid as a Service Market, 2017-2030 (US$ Mn)
FIG. 43 South Africa Smart Grid as a Service Market, 2017-2030 (US$ Mn)
FIG. 44 Rest of Middle East and Africa Smart Grid as a Service Market, 2017-2030 (US$ Mn)

List of Tables
TABLE 1 Market Snapshot: Global Smart Grid as a Service Market
TABLE 2 Global Smart Grid as a Service Market: Market Drivers Impact Analysis
TABLE 3 Global Smart Grid as a Service Market: Market Restraints Impact Analysis
TABLE 4 Global Smart Grid as a Service Market, by Competitive Benchmarking, 2022
TABLE 5 Global Smart Grid as a Service Market, by Geographical Presence Analysis, 2022
TABLE 6 Global Smart Grid as a Service Market, by Key Strategies Analysis, 2022
TABLE 7 Global Smart Grid as a Service Market, by Generation, By Region, 2017-2022 (US$ Mn)
TABLE 8 Global Smart Grid as a Service Market, by Generation, By Region, 2023-2030 (US$ Mn)
TABLE 9 Global Smart Grid as a Service Market, by Transmission, By Region, 2017-2022 (US$ Mn)
TABLE 10 Global Smart Grid as a Service Market, by Transmission, By Region, 2023-2030 (US$ Mn)
TABLE 11 Global Smart Grid as a Service Market, by Distribution, By Region, 2017-2022 (US$ Mn)
TABLE 12 Global Smart Grid as a Service Market, by Distribution, By Region, 2023-2030 (US$ Mn)
TABLE 13 Global Smart Grid as a Service Market, by Consumption, By Region, 2017-2022 (US$ Mn)
TABLE 14 Global Smart Grid as a Service Market, by Consumption, By Region, 2023-2030 (US$ Mn)
TABLE 15 Global Smart Grid as a Service Market, by Wireline, By Region, 2017-2022 (US$ Mn)
TABLE 16 Global Smart Grid as a Service Market, by Wireline, By Region, 2023-2030 (US$ Mn)
TABLE 17 Global Smart Grid as a Service Market, by Wireless, By Region, 2017-2022 (US$ Mn)
TABLE 18 Global Smart Grid as a Service Market, by Wireless, By Region, 2023-2030 (US$ Mn)
TABLE 19 Global Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 20 Global Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 21 Global Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 22 Global Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)
TABLE 23 Global Smart Grid as a Service Market, by Region, 2017-2022 (US$ Mn)
TABLE 24 Global Smart Grid as a Service Market, by Region, 2023-2030 (US$ Mn)
TABLE 25 North America Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 26 North America Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 27 North America Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 28 North America Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)
TABLE 29 North America Smart Grid as a Service Market, by Country, 2017-2022 (US$ Mn)
TABLE 30 North America Smart Grid as a Service Market, by Country, 2023-2030 (US$ Mn)
TABLE 31 United States Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 32 United States Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 33 United States Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 34 United States Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)
TABLE 35 Canada Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 36 Canada Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 37 Canada Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 38 Canada Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)
TABLE 39 Mexico Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 40 Mexico Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 41 Mexico Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 42 Mexico Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)
TABLE 43 Europe Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 44 Europe Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 45 Europe Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 46 Europe Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)
TABLE 47 Europe Smart Grid as a Service Market, by Country, 2017-2022 (US$ Mn)
TABLE 48 Europe Smart Grid as a Service Market, by Country, 2023-2030 (US$ Mn)
TABLE 49 Germany Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 50 Germany Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 51 Germany Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 52 Germany Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)
TABLE 53 France Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 54 France Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 55 France Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 56 France Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)
TABLE 57 United Kingdom Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 58 United Kingdom Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 59 United Kingdom Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 60 United Kingdom Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)
TABLE 61 Italy Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 62 Italy Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 63 Italy Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 64 Italy Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)
TABLE 65 Spain Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 66 Spain Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 67 Spain Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 68 Spain Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)
TABLE 69 Rest of Europe Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 70 Rest of Europe Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 71 Rest of Europe Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 72 Rest of Europe Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)
TABLE 73 Asia Pacific Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 74 Asia Pacific Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 75 Asia Pacific Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 76 Asia Pacific Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)
TABLE 77 China Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 78 China Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 79 China Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 80 China Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)
TABLE 81 Japan Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 82 Japan Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 83 Japan Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 84 Japan Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)
TABLE 85 India Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 86 India Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 87 India Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 88 India Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)
TABLE 89 South Korea Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 90 South Korea Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 91 South Korea Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 92 South Korea Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)
TABLE 93 South-East Asia Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 94 South-East Asia Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 95 South-East Asia Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 96 South-East Asia Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)
TABLE 97 Rest of Asia Pacific Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 98 Rest of Asia Pacific Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 99 Rest of Asia Pacific Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 100 Rest of Asia Pacific Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)
TABLE 101 Latin America Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 102 Latin America Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 103 Latin America Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 104 Latin America Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)
TABLE 105 Brazil Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 106 Brazil Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 107 Brazil Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 108 Brazil Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)
TABLE 109 Argentina Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 110 Argentina Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 111 Argentina Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 112 Argentina Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)
TABLE 113 Rest of Latin America Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 114 Rest of Latin America Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 115 Rest of Latin America Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 116 Rest of Latin America Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)
TABLE 117 Middle East and Africa Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 118 Middle East and Africa Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 119 Middle East and Africa Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 120 Middle East and Africa Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)
TABLE 121 GCC Countries Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 122 GCC Countries Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 123 GCC Countries Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 124 GCC Countries Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)
TABLE 125 South Africa Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 126 South Africa Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 127 South Africa Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 128 South Africa Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)
TABLE 129 Rest of Middle East and Africa Smart Grid as a Service Market, by Application, 2017-2022 (US$ Mn)
TABLE 130 Rest of Middle East and Africa Smart Grid as a Service Market, by Application, 2023-2030 (US$ Mn)
TABLE 131 Rest of Middle East and Africa Smart Grid as a Service Market, by Communication Technology, 2017-2022 (US$ Mn)
TABLE 132 Rest of Middle East and Africa Smart Grid as a Service Market, by Communication Technology, 2023-2030 (US$ Mn)

Frequently Asked Questions:

How does COVID-19 Impact the global smart grid as a service market?

The COVID-19 pandemic’s emergence has had a significant impact on the market. Due to the pandemic’s delayed market reaction in every nation, COVID-19’s impacts have been unprecedented and overwhelming on a global scale.

Which is the leading region of the market for smart grid as a service?

North America accounted for the most heightened share in the global smart grid as a service market.

What are the key drivers for the growth of the smart grid as a service market?

Global initiatives to minimize carbon footprints and a growing focus on modernizing aging grid infrastructure are the factors contributing to the growth of the smart grid market.

Which is the major segment in the smart grid as a service market by application?

The distribution segment had a major share in the global market in 2022.

Which is the major segment in the smart grid as a service market by communication technology?

The wireline segment had a major share in the global market.

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