Information Technology

Digitalization in Smart Grid Networks - Emerging Application and Impact Assessment

Assessment on how digital technologies are shaking up electricity grid and the power industry


RELEASE DATE
26-Dec-2019
REGION
Global
DELIVERABLE TYPE
Technology Research

RESEARCH CODE
D8FE-01-00-00-00
SKU
IT03994-GL-TR_23948
Yes
SHARE

Digitalization in Smart Grid Networks - Emerging Application and Impact Assessment
Published on: 26-Dec-2019 | SKU: IT03994-GL-TR_23948

Need more details?

$4,950.00

$3,712.50 save 25 %

DownloadLink
Need more details?

The global energy landscape in the United States is evolving every year with wide-scale adoption of distributed energy resources (DERs), developments in digital communication infrastructure, and transactive-based micro-grid initiatives that places utilities at the center. For utility customers to stay relevant, incorporating emerging technology solutions as part of their corporate strategy will be critical. Emerging technologies has the ability to empower smart grid applications and solutions to analyse large data sets, identify patterns, detect anomalies, and make precise predictions based on its learning experience.

A majority of utilities still follow a schedule for maintenance or will only react once the power goes out. Given the growing grid vulnerability caused by increasing presence of variable and unstable load, triggered by aging infrastructure, variable renewable power, and electric vehicles (EVs), utilities are realizing that relying on traditional solution and systems is no longer a viable option.

In brief, this research service covers the following points:
Digital smart grid– An overview
Drivers and challenges for smart grid adoption
Digitized smart grid applications and impact areas
Innovations and use cases
Patent and funding scenarios

1.1 Research Scope

1.2 Research Methodology

1.3 Research Methodology Explained

1.4 Key Findings

2.1 Increasing Need for Reliable and Efficient Energy Demand is a Key Trend Driving Adoption of Smart Grids

2.2 Two-Way Communication is a Key USP of Smart Grids

2.3 Segmentation – Distribution, AMI, V2G, and Data Management are Integral Parts of Smart Grid

2.4 Smart Grid Components Contribute Toward Grid Efficiency and Power Output

2.5 Smart Grid Ecosystem Landscape Across the Value Chain

3.1 Smart Grid Faces Key Challenges that Include Lack of Quality Datasets, and Initial Knowledge and Skillsets

4.1 Emerging ICT Technologies are the Fundamental Building Blocks of Smart Grids

4.2 Technology-based Mapping with Respect to Smart Grid Application Areas

4.3 Transitioning From Centralized to Decentralized Distributed Grid

5.1 Proliferation in the Number of Smart Grid Patents Filed will Have a Significant Impact on Innovations and Collaborations

5.2 Demand Side Management and Transmission and Distribution are Major Innovation Areas for Utility Stakeholders

5.3 1H2019 Saw Slight Decline in Funding from Investors Across the Globe

6.1 Blockchain-based Energy Trading Platform Offers Flexible Marketplace with Transparency

6.2 Grid Optimization Enables Efficient Utilization of Distributed Energy Resources

6.3 Tech Companies in Collaboration with Utility Providers will Boost Adoption of Smart Grid

6.4 AI Plays a Vital Role in Grid Stability and Renewable Energy Generation Forecasting

6.5 Emerging Technology Would Provide Traceability and Transparency in Energy Business Transactions

7.1 Enhanced Customer Management will be a Key Parameter to Smart Grid Solution Providers

7.2 Smart Grid to Enable New Revenue Streams for all the Energy and Power Stakeholders in Sharing Economy

8.1 Key Contacts

8.1 Key Contacts (continued)

Legal Disclaimer


Have questions about this research or need deeper insights?
Speak directly with our analytics experts for tailored recommendations.

Recent related IT Services and Applications research

26 Oct 2026   |   North America   |   Frost Radar

Frost Radar™: Data Center Colocation Services in North America, 2026

Data center colocation services have become a foundational component of enterprise digital infrastructure, enabling organizations to balance performance, security, scalability, and cost optimization across increasingly distributed IT environments. Colocation facilities serve as critical interconnect...

23 Oct 2026   |   Global   |   Technology Research

Growth Opportunities in GPU-as-a-Service, Hyperscale & AI-Focused Digital Infrastructure, AI-ready Data Center, Prompt-based Builder, Docs-as-code, and Artificial Chip Intelligence

This edition of the IT, Computing and Communication Technology Opportunity Engine explores GPU-as-a-Service, Hyperscale & AI-Focused Digital Infrastructure, and AI-Ready Data Centers to scale AI compute capabilities. Prompt-Based Builders and Docs-as-Code accelerate software development, while Artif...

16 Oct 2026   |   Global   |   Frost Radar

Frost Radar™: Satellite IoT, 2026

Direct-to-device (D2D) connectivity and 3GPP NTN standards are reshaping the satellite IoT market. Release 17 enabled satellite NB-IoT through standard cellular modules, SIMs, and devices. The shift to 5G New Radio NTN supports higher-throughput, delay-sensitive services, such as direct-to-smartphon...

15 Oct 2026   |   Latin America   |   Frost Radar

Frost Radar™: Managed Cloud Service Providers in Latin America, 2026

Cloud has become an established component of enterprise technology strategy in Latin America, but adoption has not necessarily reduced complexity. Many organizations now operate fragmented environments: public cloud, private cloud, on-premises infrastructure, legacy applications, SaaS platforms, and...

13 Oct 2026   |   Global   |   Strategic Imperatives

Top 10 Strategic Imperatives for Public Cloud Services, Global, 2026

The global public cloud services industry is shifting from an era focused primarily on cloud migration and cost optimization to one centered on control, trust, intelligence, and measurable business outcomes. Enterprises are no longer asking whether workloads belong in the cloud. Instead, they are de...

 

Purchase includes:
  • Report download
  • Growth Dialog™ with our experts

Growth Dialog™

A tailored session with you where we identify the:
  • Strategic Imperatives
  • Growth Opportunities
  • Best Practices
  • Companies to Action

Impacting your company's future growth potential.