Utility Asset Management Market Revenue, Growth, Restraints, Trends, Company Profiles, Analysis & Forecast Till 2030
Utility Asset Management Market Analysis: Utility Asset Management Market is projected to be worth USD 5.53 Billion by 2027, registering a CAGR of 9.95% during the forecast period (2021 - 2027). Utility asset management is an approach by utility providers for keeping costs low while providing seamless services to residential and commercial areas. The power outages during natural calamities and new practices for the maintenance for electrical grid networks are likely to drive its adoption. The global utility asset management market report by Market Research Future (MRFR) contains insights on new policies on power distribution amid rapid urbanization and the growing population. Market Scope The global utility asset management market is anticipated to grow at 8% CAGR during the forecast period. CAGR 9.95% CAGR (2022-2030) Base Year 2021 Forecast Period 2022 to 2030 Historical Data 201...