The statistic shows the size of the utility software market worldwide, from 2018 to 2025. In 2020, the utility software market was valued at 5.4 billion U.S. dollars globally, and it is forecast to grow to 5.8 billion dollars by 2025, at compound annual growth rate (CAGR) of 1.1 percent.
Size of the utility software market worldwide from 2018 to 2025
(in million U.S. dollars)
For this statistic, the figures from 2010 to 2024 were calculated using a constant annual growth rate of 1.1 percent CAGR, based on data provided by the source.
Utilities software is defined by the source as customer care, billing, smart meter
infrastructure, energy trading risk management, SCADA, financials, HR, and procurement for utilities (electricity, water and gas utilities).
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Apps Run The World, & Statista. (December 24, 2021). Size of the utility software market worldwide from 2018 to 2025 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/625208/worldwide-utility-software-market-size/
Apps Run The World, und Statista. "Size of the utility software market worldwide from 2018 to 2025 (in million U.S. dollars)." Chart. December 24, 2021. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/625208/worldwide-utility-software-market-size/
Apps Run The World, Statista. (2021). Size of the utility software market worldwide from 2018 to 2025 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/625208/worldwide-utility-software-market-size/
Apps Run The World, and Statista. "Size of The Utility Software Market Worldwide from 2018 to 2025 (in Million U.S. Dollars)." Statista, Statista Inc., 24 Dec 2021, https://www.statista.com/statistics/625208/worldwide-utility-software-market-size/
Apps Run The World & Statista, Size of the utility software market worldwide from 2018 to 2025 (in million U.S. dollars) Statista, https://www.statista.com/statistics/625208/worldwide-utility-software-market-size/ (last visited November 18, 2024)
Size of the utility software market worldwide from 2018 to 2025 (in million U.S. dollars) [Graph], Apps Run The World, & Statista, December 24, 2021. [Online]. Available: https://www.statista.com/statistics/625208/worldwide-utility-software-market-size/
