Grid Modernization Initiatives Drive Smart Grid Market Growth

Smart grid analytics market was valued at $7.7 billion in 2024 and is expected to reach $15.4 billion by 2030 and further expand to $27.5 billion by 2035, registering a CAGR of 12.3% during 2025–2035. Growing investments in grid modernization are intended to make the grid more interconnected, reliable, and renewable-integrated, while driving the increasing demand for smart grid analytics to manage its operations efficiently.  For instance, in July 2025, Italy’s grid operator Terna outlined a $3.5 billion investment plan over the next ten years to upgrade the electricity network in Italy’s Puglia region. The initiative focused on enhancing grid reliability, boosting power interconnection capacity, and integrating renewable energy sources to support regional demand and future growth.

Browse the full report description of “Smart Grid Analytics Market Size, Share & Trends Analysis Report by Offering (Software, and Services), by Analytics Type (Descriptive Analytics, Diagnostic Analytics, Predictive Analytics, and Prescriptive Analytics), and by Application (AMI Analytics, Load Forecasting & Demand Response, Grid Optimization, Monitoring, And Management, Distributed Energy Resources Management Systems, Predictive Maintenance, Energy Theft Detection & Cybersecurity, Voltage, Frequency, And Stability Management, Customer Engagement & Analytics, Visual Analytics, and Outage Management & Fault Detection) Forecast Period (2025-2035)” at https://www.omrglobal.com/industry-reports/smart-grid-analytics-market

Investments and Funding in Smart Grid Modernization and Analytics:

• In March 2025, National Grid Partners committed $100?million to invest in AI startups over the coming years, aiming to support technologies that enhance grid efficiency, resilience, decarbonization, and energy affordability. It supports Amperon, an AI-driven energy forecasting and analytics firm, to enhance grid reliability by predicting demand and balancing load.

• In October 2023, Amperon Holdings, an AI-based grid analytics provider, secured $20 million in Series B funding from Energize Capital to enhance its platform for energy data extraction and infrastructure efficiency.

Market Coverage

• The market number available for – 2024-2035
• Base year- 2024
• Forecast period- 2025-2035
• Segment Covered-
  • By Offering
  • By Analytics Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape - IBM Corp., Landis+Gyr, Oracle Corp., Schneider Electric, Siemens AG, and 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 Smart Grid Analytics Market Report Segment

By Offering

• Software
• Services

By Analytics Type

• Descriptive Analytics
• Diagnostic Analytics
• Predictive Analytics
• Prescriptive Analytics

By Application

• AMI Analytics
• Load Forecasting & Demand Response
• Grid Optimization, Monitoring, And Management
• Distributed Energy Resources Management Systems
• Predictive Maintenance
• Energy Theft Detection & Cybersecurity
• Voltage, Frequency, And Stability Management
• Customer Engagement & Analytics
• Visual Analytics
• Outage Management & Fault Detection

Global Smart Grid 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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