Energy and Utilities Analytics Market To Reach $18.55 Billion by 2035

Energy and utilities analytics market size is projected to grow from $7.81 billion in 2025 to $18.55 billion by 2035, expanding at a CAGR of 9.0% during the forecast period (2026–2035). The market is witnessing strong momentum driven by increasing digital transformation across energy infrastructure, rising integration of renewable energy sources, and growing demand for real-time data-driven decision-making in utilities. A key macro driver accelerating market growth is the rapid expansion of renewable energy deployment globally. According to the International Renewable Energy Agency (IRENA), global renewable energy capacity reached over 3,870 GW in 2023, marking a significant increase driven by solar and wind installations. Additionally, the U.S. Energy Information Administration (EIA) reports that renewable energy accounted for nearly 22% of total electricity generation in the U.S. in 2023, with projections indicating continued growth. This surge in decentralized and intermittent energy generation requires advanced analytics solutions for grid stability, forecasting, and optimization, thereby directly fueling demand in the energy and utilities analytics market.

Browse the full report description of “Energy & Utilities Analytics Market Size, Share & Trends Analysis Report, By Deployment Mode (On-Premises, Cloud-Based), By End-User (Power Generation Companies, T&D Utilities, Energy Retailers, ISOs & Grid Operators, Oil & Gas Utilities), By Technology (AI & ML, Big Data, IoT Analytics, Digital Twin, Blockchain), Forecast Period (2026-2035)” at https://www.omrglobal.com/industry-reports/energy-and-utilities-analytics-market

From an end-user perspective, Transmission & Distribution (T&D) Utilities represent one of the fastest-growing segments, as utilities increasingly invest in smart grids and digital infrastructure. The International Energy Agency (IEA) highlights that global investment in electricity grids exceeded $320 billion in 2023, with a growing share allocated toward digital grid technologies and analytics platforms. These investments are essential to manage energy demand fluctuations, improve outage management, and enhance operational efficiency, further strengthening the adoption of analytics solutions.

Among technology segments, Artificial Intelligence & Machine Learning (AI/ML) is emerging as the fastest-growing segment due to its ability to enable predictive maintenance, demand forecasting, and energy optimization. Utilities are leveraging AI-driven analytics to reduce operational costs and improve asset reliability. Governments and regulatory bodies are also supporting digital grid modernization initiatives, further accelerating the adoption of AI-powered analytics platforms.

Recent strategic developments by key market players between 2022 and 2026 highlight strong industry momentum:

• In February 2026, GE Vernova launched GridOS® for Distribution, a unified grid software platform designed to help utilities manage increasing energy demand, integrate distributed energy resources (DERs), and enhance real-time grid operations through AI-driven analytics and advanced distribution management capabilities.
• In December 2025, advancements in AI-powered demand forecasting gained significant traction as organizations increasingly adopted machine learning and predictive analytics to enhance demand planning accuracy, reduce forecasting errors, and optimize supply chain operations across industries.

Market Coverage

• The market number available for – 2025-2035
• Base year- 2025
• Forecast period- 2026-2035
• Segment Covered-
  • By Deployment mode
  • By End-users
  • By Technology
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape – GE vernova, Siemens energy, Schneider Electric, Oracle, ABB, among others.

Key questions addressed by the report.

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Energy & Utilities Analytics Market Report Segment

By Deployment Mode

• On-Premises
• Cloud-Based (Public / Private / Hybrid)

By End-User

• Power Generation Companies
• Transmission & Distribution (T&D) Utilities
• Energy Retailers
• Independent System Operators (ISOs) & Grid Operators
• Oil & Gas Utilities (Downstream Focus)

By Technology

• Artificial Intelligence & Machine Learning
• Big Data Analytics
• IoT & Smart Meter Analytics
• Digital Twin Technology
• Blockchain (Energy Transactions & Grid Security)

Global Energy & Utilities Analytics Market Report Segment by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Russia
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Australia and New Zealand
• ASEAN Economies
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa

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