Smart Utilities Report Cover TrendFeedr

Smart Utilities Report

: Analysis on the Market, Trends, and Technologies
235
TOTAL COMPANIES
Emergent
Topic Size
Strong
ANNUAL GROWTH
Plummeting
trending indicator
1.5B
TOTAL FUNDING
Developing
Topic Maturity
Balanced
TREND HYPE
3.6K
Monthly Search Volume
Published: March 11, 2024
Updated: June 29, 2024
Author: Robert Brown

The smart utilities sector is experiencing a significant evolution, driven by the integration of advanced technologies aimed at enhancing efficiency, sustainability, and customer experience. With 233 companies actively operating within this domain, the industry is witnessing a surge in investments, totaling approximately $1.19 billion, and a substantial annual revenue of $6.66 billion. Despite a decrease in news coverage, the sector maintains a solid market presence, reflecting a positive growth trajectory. The emergent stage of development indicates a fertile ground for innovation and expansion, with smart metering, IoT device integration, and energy management solutions leading the charge towards a sustainable and efficient future.

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Topic Dominance Index of Smart Utilities

The Topic Dominance Index takes a comprehensive approach to analyzing the evolution of Smart Utilities. It combines the distribution of news articles that mention Smart Utilities, the timeline of newly founded companies working within this sector, and the share of voice within the global search data. These timelines are normalized and combined to show a comprehensive view of the Smart Utilities evolution relative to all known Trends and Technologies.

Dominance Index growth in the last 5 years: 51.6%
Growth per month: 0.6951%

Key Activities and Applications

  • Implementation of IoT technology for monitoring and optimizing utility services.
  • Development of smart metering solutions to enhance energy usage efficiency.
  • Provision of consulting services for performance improvement in the power sector.
  • Manufacturing and distribution of high-quality utility meters.
  • Design and integration of smart utility infrastructure and digital twin products.
  • Offering of cloud-based enterprise software for utilities, enabling top-tier customer service and operational efficiency.
  • Specialization in the manufacture and branding of corporate merchandise for utility applications.

Technologies and Methodologies

  • Utilization of blockchain technology for secure and efficient utility management.
  • Application of machine learning and big data analytics for predictive maintenance and outage management.
  • Adoption of digital twin technology for advanced human-machine interaction in smart cities and manufacturing.
  • Implementation of advanced metering infrastructure (AMI) for seamless utility data integration.
  • Deployment of cloud computing and SaaS platforms for scalable smart utility solutions.
  • Focus on energy independence and CO2 footprint reduction through smart energy and utility services technologies.

Smart Utilities Funding

A total of 41 Smart Utilities companies have received funding.
Overall, Smart Utilities companies have raised $1.5B.
Companies within the Smart Utilities domain have secured capital from 69 funding rounds.
The chart shows the funding trendline of Smart Utilities companies over the last 5 years

Funding growth in the last 5 years: 171.01%
Growth per month: 1.76%

Smart Utilities Companies

Gain a competitive edge with access to 235 Smart Utilities companies. Find out new technical advancements and market trends in Smart Utilities through TrendFeedr’s extensive Companies feature. The tool is essential for business strategists and leaders in the field.

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235 Smart Utilities Companies

Discover Smart Utilities Companies, their Funding, Manpower, Revenues, Stages, and much more

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Smart Utilities Investors

Leverage TrendFeedr’s sophisticated investment intelligence into 50 Smart Utilities investors. It covers funding rounds, investor activity, and key financial metrics in Smart Utilities. investors tool is ideal for business strategists and investment experts as it offers crucial insights needed to seize investment opportunities.

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50 Smart Utilities Investors

Discover Smart Utilities Investors, Funding Rounds, Invested Amounts, and Funding Growth

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Smart Utilities News

TrendFeedr’s News feature provides a historical overview and current momentum of Smart Utilities by analyzing 1.6K news articles. This tool allows market analysts and strategists to align with latest market developments.

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1.6K Smart Utilities News Articles

Discover Latest Smart Utilities Articles, News Magnitude, Publication Propagation, Yearly Growth, and Strongest Publications

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Executive Summary

The smart utilities ecosystem is marked by dynamic growth, innovative solutions, and a commitment to sustainability. Key activities such as IoT integration, smart metering, and energy management are revolutionizing utility services, offering both operational efficiencies and environmental benefits. Emergent trends highlight the importance of data analytics, AI, and cybersecurity in shaping the future of the industry. With a robust investment landscape and a clear vision for sustainable development, the smart utilities sector is poised to continue its upward trajectory, delivering value to businesses, communities, and the environment.

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