Next-Gen Energy Infrastructure Surges: Smart Grid Market Poised for Exponential Growth

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The Smart Grid Market is undergoing a transformative surge as nations accelerate the shift toward cleaner, more efficient, and digitally connected power infrastructure. Driven by increasing energy demands, sustainability goals, and technological advancements, smart grids are becoming essential components of future-ready utilities worldwide.

 

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Smart Grid Market Report | Global Forecast From 2025 To 2033

The global smart grid market size was valued at USD 46.1 billion in 2023 and is projected to reach USD 139.7 billion by 2032, growing at a compound annual growth rate (CAGR) of 13.2% from 2024 to 2032.