Global Utility Software
Market Report
2025
The Utility Software market was valued at USD 4.94 Billion in 2022 and will reach USD 9.1 Billion, with a CAGR of 7.90% from 2023 to 2030.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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The Utility Software market was valued at USD 4.94 Billion in 2022 and will reach USD 9.1 Billion, with a CAGR of 7.90% from 2023 to 2030.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Utility Software Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 7.9% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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Market Split by Type |
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Market Split by Industry Vertical |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Utility Software industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Utility Software Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Utility software market that allows the users to know and comprehend the utility services associated with their water, gas, electricity, property, and sanitation. This software system has services offering invoice management, payment processing as well and meter management. For companies to manage client data and their billing operations for services like gas, electricity, water, and sewer or waste management, utility software has been essential. Utility software is used by companies that provide utility services to integrate service orders, meter maintenance history, client management, and billing procedures. This increases productivity and profitability. The market has been driven by the integration of this software on multiple digital platforms such as mobile devices, social media, and websites. The presence of a digitally literate population has boosted the adoption and rise of utility software.
The adoption of smart grid technology in power supplies such as smart meters increase the level of complexity in billing and collection systems, leading many companies around the world to realize the transition to more flexible and scalable utility software. The rapidly changing industrial environment, the convergence of traditional business processes and digital devices and technologies, and the presence of high-end digital consumers make these two processes increasingly complex in the utility industry. The demand for more proprietary products that meet the specific requirements of these end-use areas is growing significantly around the world. Utility software, especially in the developing world, growing improvements are one of the key factors driving the global utility billing software market.
The total cost involved in the implementation of utility software hinders its adoption in several small businesses. The high cost of the software will act as a restraint for the market. Additionally, many developing nations cannot afford this high cost.
The COVID-19 outbreak had a negative impact on the Utility software market. During the COVID-19 outbreak, The whole production process has been halted as the governments of several regions have implemented lockdown conditions to curb the spread of COVID-19. Therefore, it disrupts the market for utility billing software around the world.
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Harris, a global vertical market software provider, adds a mobile workforce management solution to its Utilities Group with the acquisition of Service-Link. Service-Link, based in Vancouver, offers a best-of-breed mobile workforce management platform for utilities across North America. The platform empowers utilities to augment their mobile workforce with Service-Link's customizable workflows, optimized scheduling & routing, vehicle tracking, and much more.
Billings Heights water board approves nearly $3 million settlement for billing dispute
The Billings Heights water board has agreed to pay the City of Billings almost $3 million over a billing dispute.
Top Companies Market Share in Utility Software Industry: (In no particular order of Rank)
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Based on regions, the Utility Software market software is segmented into North America, Europe, Asia Pacific, South America, and the Middle East and Africa. North America has dominated the market. This is due to the availability of funds to support the region's advanced utility infrastructure and transition to operational advancement. Additionally, the critical vessel encapsulation infrastructure facilitates the commercialization of these solutions. Utilities in the region focus on effective consumer service to stay ahead of fierce competition.
The current report Scope analyzes Utility Software Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Utility Software Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Utility Software Industry growth. Utility Software market has been segmented with the help of its Type, Application Type, and others. Utility Software market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
By type, the utility software market is segmented into on-premises and cloud. The cloud-based segment has the largest market share during the forecast period. This is attributed to cloud-based software enabling commercial property owners, facility management companies, or other subtenant real estate clients to store a variety of vendor agreements for subtenant meters. Additionally, it reduces the cost of money recovery from real estate managers and disputes with tenants, as well as the direct costs involved in automating labour-intensive procedures.
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By application, the market is segmented into Drinking Water Company, Power Company, Gas Station, and Wind Energy. The drinking water segment has the largest market share. This is attributed to the rise in population and drinking water is a necessity for every human.
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Research associate at Cognitive Market Research
Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
Swasti an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
In her current role, Swasti manages research for service and software category, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With an expertise in market research analysis, She is adept at dissecting complex problems, extracting meaningful insights, and translating them into actionable recommendations, Swasti remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Utility Software Market is witnessing significant growth in the near future.
In 2023, the Cloud segment accounted for noticeable share of global Utility Software Market and is projected to experience significant growth in the near future.
The Drinking Water Company segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies IBM Corporation , SAP SE and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
1.Utilities - Enterprise Software for Utilities
Disclaimer:
Type | Cloud, On-premises |
Application | Drinking Water Company, Power Company, Gas Station, Wind Energy |
Type | Platform as a Service, Infrastructure as a Service, Software as a Service |
Industry Vertical | Water, Power Distribution, Telecommunication, Oil & Gas, Others |
List of Competitors | IBM Corporation, Microsoft Corporation, SAP SE, Salesforce.com Inc., Trimble Inc., Oracle Corporation, ABB Ltd, Siemens AG, Dassault Systemes SE, Aclara Technologies LLC, Nobel Systems, Intedata Systems, Crestline Software, Starnik, Silver Blaze, United Systems Technology, SmartGridCIS, Energy Hippo, Banyon Data Systems, Oracle, Oak Bay Technologies, others. |
This chapter will help you gain GLOBAL Market Analysis of Utility Software. Further deep in this chapter, you will be able to review Global Utility Software Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Utility Software. Further deep in this chapter, you will be able to review North America Utility Software Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Utility Software. Further deep in this chapter, you will be able to review Europe Utility Software Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Utility Software. Further deep in this chapter, you will be able to review Asia Pacific Utility Software Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Utility Software. Further deep in this chapter, you will be able to review South America Utility Software Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Utility Software. Further deep in this chapter, you will be able to review Middle East and Africa Utility Software Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Utility Software. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Industry Vertical Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Utility Software market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Cloud have a significant impact on Utility Software market? |
What are the key factors affecting the Cloud and On-premises of Utility Software Market? |
What is the CAGR/Growth Rate of Drinking Water Company during the forecast period? |
By type, which segment accounted for largest share of the global Utility Software Market? |
Which region is expected to dominate the global Utility Software Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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