Digital Utility Market: Emerging Niche Segments And Regional Markets 2018 - 2026
Technical developments are important for the digitization of industries, mainly the power industry. The power industry is increasingly identifying the importance of digital technologies, which is expected to expand the market during the forecast period. Businesses have recognized the returns of digitalization and are now concentrating on two important aspects: customer guarantee and advancement of efficiency. Among the many standards across various industries for digital consumer experience, mobility is crucial. For instance, in the banking industry, mobile banking has changed the customer experience. Many users rely entirely on smartphones to carry out critical banking activities on the go. The increasing number of renewable power generation projects and energy efficiency mandates are key factors expected to drive the digital utility market . Furthermore, smart meters provide energy suppliers with the exact details of each customer’s generation and consumption of power. On...