target audience: TECH SUPPLIER Publication date: Nov 2023 - Document type: Market Presentation - Doc Document number: # US49867623
Industry Market Forecast: Worldwide Utilities, 2023
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Abstract
This IDC Market Presentation provides IDC's Industry Market Forecast for worldwide utilities. It provides technology vendor product managers and those responsible for market/competitive intelligence with an industry overview of IDC spending guide forecast numbers as well as insights into the global utilities market context influencing that spend for 2023.
- This report includes:
- IDC's ICT market forecast for utilities worldwide
- IDC's market forecast for IT applications for worldwide utilities
- Insights into key drivers and inhibitors that have impacted and will impact IT application investment sentiment in the worldwide utility sector
It also highlights recent initiatives by countries and organizations and provides top-level advice to technology suppliers for pursuing a business strategy that spans the utilities value chain.
"To ensure the new utility business model stays strong and provides better results, utilities worldwide are working on upgrading their IT systems. They are also trying to incorporate innovative digital capabilities to improve their older applications," said Gaurav Verma, research manager, IDC Energy Insights