Austin, July 20, 2026 (GLOBE NEWSWIRE) -- Smart Energy Market Size & Growth Insights:
According to the SNS Insider, “The global Smart Energy Market Size was valued at USD 206.01 Billion in 2025 and is projected to reach USD 546.30 Billion by 2035, expanding at a CAGR of 10.25% during 2026–2035.”
Grid Modernization and AI-Based Energy Management Accelerate Market Growth
Modernization of electricity generation infrastructure at rapid pace and adoption of renewables is one of the significant contributors towards global smart energy market growth, with utilities increasing their spending on advanced metering infrastructure, digital substations, and artificial intelligence-based grid analysis technologies. The growing adoption of solar energy, wind energy, and battery energy storage systems is fueling the demand for grid management solutions, whereas the U.S. Department of Energy’s Grid Deployment Office keeps investing in resilient transmission infrastructure and clean energy integration.
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Leading Market Players with their Product Listed in this Report are:
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Smart Grid Hardware led the way with 34.00% market share in 2025, owing to increased installations of intelligent substations, smart transformers, and communication systems for digital grid formation. Energy Management Software is the fastest-growing segment with 13.04% CAGR, due to increased use of automated distribution management and self-healing grid systems.
Advanced Metering Infrastructure had the largest market share of 31.00%, owing to the fact that the utilities are upgrading their legacy meters to two-way communicating smart meters that help in accurate billing and outages monitoring. AI-based grid optimization has the highest growth rate of 15.15% during the forecast period due to its various features.
Grid modernization accounted for the largest market share of 32.00% in 2025, fueled by consistent initiatives toward enhancing the aging infrastructure through smart grid systems that are digitally integrated. The application with the highest CAGR of 13.47% is electric vehicle charging and smart mobility energy management due to the increased popularity of electric vehicles.
