Smart Meter Market Share to Hit $36.3 Billion by 2028
The global Smart Meter Market Share is expected to grow from USD 23.1 billion in 2023 to USD 36.3 billion in 2028, at a CAGR of 9.4% from 2023 to 2028. The emergence of electric, gas, and water smart meters has revolutionized utility operations. With advancements in smart meters, sensors, control systems, and communication components, utility systems can be monitored in real-time. These dynamic tariffs...
Switchgear Market Size, Share, Trends and Future Growth Predictions till 2028
New Revenue Pockets:
The global switchgear market is projected to reach USD 119.9 billion by 2028, showing a growth from the estimated USD 93.1 billion in 2023, with a compound annual growth rate (CAGR) of 5.2% from 2023 to 2028. The switchgear market is expected to grow due to enhanced power distribution infrastructure, increased renewable energy capacity, and industrial production investments....
Future Scope on Digital Transformation Market
Digital transformation has been impacting the world and people in every walk of life. New digital technologies are being introduced at a remarkable rate and have changed the way we live and function every day. They are increasingly transforming the business models, value chains, and ecosystem of organizations as well as changing the way they interact with customer via online platforms, social media...