Aging Infrastructure Fuels Demand in the Utility Asset Management Market Rather than addressing equipment failures reactively, utility asset management leverages lifecycle tracking and predictive insights to safeguard infrastructure integrity, performance, and regulatory compliance.
The Utility Asset Management Market size is expected to reach US$ 9.19 billion by 2033 from US$ 5.25 billion in 2025. The market is estimated to record a CAGR of 7.25% from...