Powering the Future: ICT’s Role in the Energy Industry

August 21, 2023 ⚊ 1 Min read ⚊ Views 51 ⚊ BLOG

The global ICT market in the energy sector was valued at US$ 170.42 billion in 2021 and will grow at a compounded annual growth rate (CAGR) of 7.6% to reach a value of US$ 245.51 billion by 2026. The cumulative revenue generation opportunities for ICT in the energy sector vendors/service providers is estimated at US$ 1,064.79 billion between 2022 to 2026. The North America region was estimated to garner a share of 15.1% of the total global ICT in the energy sector in 2021. The US is the major contributor to the growth of the ICT market in the energy sector in this region.

Read details: https://www.globaldata.com/store/report/energy-sector-ict-market-analysis/?utm_source=Off-Page&utm_medium=SBM&utm_campaign=Off-Page

Tags: ICT Market in Energy