The Outage Management Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Outage Management Market?
The Outage Management Global Market Report 2025 market has seen rapid growth in recent years. The market size is projected to increase from $1.14 billion in 2024 to $1.36 billion in 2025, with a compound annual growth rate (CAGR) of 19.5%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Outage Management Industry?
The Outage Management Global Market is projected to reach $2.59 billion in 2029, expanding at a Compound Annual Growth Rate (CAGR) of 17.4%.
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What are the Key Growth Drivers Fueling the Outage Management Market?
The key drivers in the outage management market are:
• Rise in distributed energy resources
• Escalation of electrification initiatives
• Development of public-private partnerships
• Increase in cybersecurity measures and customer expectations
Global Market Segmentation: Identifying Major Outage Management Industry Segments
The outage management market covered in this report is segmented –
1) By Type: Software, Services
2) By Product: Integrated, Standalone
3) By End User: Public Utility, Private Utility
4) By Application: Residential, Commercial
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What are the Emerging Trends Shaping the Future of the Outage Management Market?
The key trends in the current sensor market are:
• A significant upcoming trend is the incorporation of data and analytics in outage management.
• Grid modernization is increasingly shaping the future of the outage management market.
• The rising demand for microgrids represents a growing trend in the market.
• Remote monitoring and mobile applications are important emerging trends in the sector.
Who Are the Top Competitors & Leading Players in the Outage Management Market?
Major companies in the outage management market are:
• ASEA Brown Boveri Ltd.
• General Electric Company
• Oracle Corporation
• Schneider Electric SA
• Siemens AG
• Consultants to Government and Industry Incorporated
• Advanced Control Systems Inc
• Intergraph Corporation
• Futura Systems Inc.
• Survalent Technology Corporation
• Milsoft Utility Solutions
• S&C Power Company
• Westinghouse Electric Company
• Utilities Kingston
• Gainesville Regional Utilities
• Itron Inc.
• Eaton Corporation
• Landis+Gyr.
• Enghouse Systems
• Det Norske Veritas GL
• Hexagon Safety & Infrastructure
• DataVoice International Inc.
• AutoGrid
• SmartGridCIS
• Clevest Solutions Inc.
• Sentient Energy Inc.
• Beckwith Electric Co. Inc.
• Aclara Technologies
• Thales Group
Regional Dominance: Which Area Leads the Global Outage Management Market?
North America was the largest region in the outage management market in 2024 and is expected to be the fastest-growing region in the forecast period
