Worldwide utility software market size 2018-2023

The statistic shows the size of the utility software market worldwide, from 2018 to 2023. In 2018, the utility software market was valued at 4.2 billion U.S. dollars globally.

Size of the utility software market worldwide from 2018 to 2023

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Sources

Release date

December 2019

Region

Worldwide

Survey time period

2018

Supplementary notes

* Forecast.

For this statistic, the figures from 2019 to 2022 were calculated using a constant annual growth rate of 3.5 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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