target audience: TECH SUPPLIER Publication date: May 2024 - Document type: Market Presentation - Doc Document number: # US50774924
Industry Digital Transformation Market Forecast: Worldwide Utilities, 2024
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Abstract
This IDC Market Presentation features IDC's Industry Digital Transformation (DX) Market Forecast for worldwide utilities, which provides technology suppliers with an overview of worldwide utilities spending for DX and insights into the market context influencing their DX spend for 2024.
It enables technology supplier executives to understand utilities' DX spending within the overall DX spend and highlights the way utilities are investing across industry-specific DX strategic priorities. By looking at the size of the market and the fastest-growing areas, tech supplier executives can better evaluate:
- Areas for investment in products or services development
- Sales and marketing campaign prioritization
- Market penetration
Used in combination with the other Industry Intelligence reports, this document can help tech providers gain competitive advantage.
"Executive sentiment for DX spending in worldwide utilities has always been positive, and DX has been a strategic imperative. With such sentiments, and a positive outlook in the utilities DX space, the tech players will keep driving digital innovation to seize growing opportunities," said Gaurav Verma, research director, IDC Energy Insights.