- Which regions are investing the most in technology development?
- Which segment of energy IT/OT and analytics has the highest investment?
- Which energy solutions are forecast to have the highest spending?
- What is the annual energy IT/OT and analytics spending by segment between 2023 and 2032?
- What is the annual energy IT/OT and analytics total spending by region from 2023 to 2032?
- Which solutions are growing fastest in energy IT/OT and Analytics from 2023 to 2032?
Energy IT Forecast Database 2Q24
The energy market is rapidly expanding with many new technological innovations. Over the next decade, global spending on energy IT services, energy OT services, and analytics services is expected to increase rapidly, at a CAGR of 7.2%. This increase in spending has demonstrated certain market trends as illustrated in the Guidehouse Insights Energy IT Forecast Database 2Q24.
Energy IT and OT spending can be broken down by several segments and solutions: software, software as a service (SaaS), maintenance, and services, each of which will likely grow over the next decade (2023-2032). The greatest increase is likely to be in SaaS, because this is the model utility companies are using when they outsource their IT/OT software. Certain segments can utilize this solution because currently, few programs or companies are creating software for them. OT technologies have also seen a large spending increase. Overall, Asia Pacific will likely see the largest increase in spending in the two systems combined.
This Guidehouse Insights Energy IT Forecast Database 2Q24, which extends to 2032, collects and analyzes spending for energy IT/OT and analytics globally by segment (for energy IT and OT), solution, and region, and provides a comprehensive look at the current spending trends for these categories. It also presents data that analyzes the state of the energy technology market as well as data on the key technologies used for IT, OT, and analytics, on a competitive global scale.
- Energy suppliers, utilities, and grid operators
- Energy service companies (ESCOs)
- Government agencies
- Investor community
- Solar developers, installers, and operators
- Genset and microturbine vendors
- Fuel cell vendors
- Microgrid vendors
- EV charging vendors and service providers
How to Use This File: Energy IT Forecast Database 2Q24
Energy IT Forecast Database 2Q24
Annual Energy IT/OT Spending by Segment: 2023-2032
Annual Energy IT/OT Total Spending by Region: 2023-2032
Annual Energy IT/OT Total Spending by Solution: 2023-2032
Cumulative Energy IT/OT Spending by Region: 2023-2032
Cumulative Energy IT/OT Spending by Segment: 2023-2032
Cumulative Energy IT/OT Segment Spending by Solution: 2023-2032
Energy IT/OT Forecast Database
Acronyms and Abbreviations
- Annual Energy IT/OT Spending by Segment: 2023-2032
- Annual Energy IT/OT Total Spending by Region: 2023-2032
- Annual Energy IT/OT Total Spending by Solution: 2023-2032
- Cumulative Energy IT/OT Spending by Region: 2023-2032
- Cumulative Energy IT/OT Spending by Segment: 2023-2032
- Cumulative Energy IT/OT Segment Spending by Solution: 2023-2032
- Annual Energy IT/OT Spending by Segment: 2023-2032
- Annual Energy IT/OT Total Spending by Region: 2023-2032
- Annual Energy IT/OT Total Spending by Solution: 2023-2032
- Cumulative Energy IT/OT Spending by Region: 2023-2032
- Cumulative Energy IT/OT Spending by Segment: 2023-2032
- Cumulative Energy IT/OT Segment Spending by Solution: 2023-2032
- Energy IT/OT Forecast Database
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