Outage Management System Market 2030: Key Companies, Player Strategies & Forecast
Future Global Outage Management System Market: Key Dynamics, Size & Share Analysis
The Global Outage Management System Market size was valued at around USD 1,182 million in 2024 and is expected to reach USD 5,742 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 30.14% during the forecast period, i.e., 2025-30.
Top Driver Impacting the Global Outage Management System Market Growth
Frequent Power Outages to Fuel Market Demand – The market growth is driven by the high frequency of blackouts and power outages worldwide. These outages are the result of fluctuating climatic conditions and natural disasters, such as in more than 50% of countries like Kenya, Lebanon, Nigeria, South Africa, and many more. For instance, in 2024, Lebanon experienced a full-day blackout as the fuel reserves were fully depleted. Additionally, Nigeria recorded about 45 major grid collapses from 2017 to 2024. Such types of blackouts are increasing the demand for efficient outage management systems to overcome the losses created by these uncertain outages.
Additionally, countries like China, the United States, India, and Japan have aging grid infrastructure, thus growing the demand for modern outage management systems to smartly manage the power supply in these countries. For instance, most of the electrical grids in the United States are almost 50-60 years old, which makes them more prone to major blackouts in the country and increases the market demand.
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Understanding the Core Segments in the Outage Management System Market
Outage Management System Market Size, Share & Industry Trends Analysis - By Type (Standalone OMS, Integrated OMS), By Component (Software System, Communication System), By End User (Private Utility, Public Utility) and others
Geographical Analysis of the Outage Management System Market
-By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
North America is dominating the Global Outage Management System Market and accounts for more than 35% of the market share.
Who Dominates the Outage Management System Market Insights on Key Industry Players?
Companies are strengthening their presence in the Outage Management System market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services
- ABB Ltd.
- Oracle Corporation
- Siemens AG
- General Electric Company
- Intergraph Corporation
- Schneider Electric SE
- CGI Group
- Futura Systems, Inc.
- Advanced Control Systems Inc.
- Survalent Technology Corporation
- Milsoft Utility Solutions, Inc.
- FirstEnergy Corp.
- Hexagon AB
- S&C Electric Company
- Others
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