The global Digital Grid Solutions market size is predicted to grow from US$ 59070 million in 2025 to US$ 181200 million in 2031; it is expected to grow at a CAGR of 20.5% from 2025 to 2031.

Digital Grid Solutions is a suite of solutions designed to help transmission and distribution companies digitize their grids for greater flexibility, resilience and value in a clean energy future. Digital Grid Services help drive the digital transformation and grid modernization through:

• lowering total cost of ownership
• simplifying complex integration workflows
• synergy for IT/OT transformation
• leveraging spatial analysis
• delivering operational awareness

The growing demand for renewable and distributed energy resources in the power sector, as they offer lower carbon emissions, higher energy security, and lower costs than conventional fossil fuels.

The increasing need for grid resilience and reliability in the face of natural disasters, cyberattacks, and aging infrastructure.

The rising adoption of smart grid policies and regulations in various countries and regions, such as the European Union, China, Japan, India, the United States, and Canada.

Segmentation by Type:

• Virtual Power Plants
• Microgrids
• Cellular Approach

Segmentation by Application:

• Electric Power
• Public Utility
• Other

This report also splits the market by region:

• Americas
• APAC
• Europe
• Middle East & Africa

Company coverage:

• AspenTech(OSI Digital,Inc)
• Smarter Grid Solutions
• GE
• Ericsson
• Schneider Electric
• Ernst&Young Global Limited
• TRC Companies,Inc
• Emerson Electric Co.
• Ericsson
• Intel
• Eaton
• Siemens
• Prysmian Group
• Telit
• ABB
• NI
• Cisco Systems,Inc.
• Black&Veatch Holding Company
• S&C Electric Company
• Huawei
• E Source
• Iskraemeco Group

Key Questions Addressed in this Report