Power Monitoring And Control Software Market

By Service Type;

Frequency Regulation and Voltage Control

By Technology;

Advanced Metering Infrastructure (AMI) and Energy Storage Systems (ESS)

By Industry;

Telecommunications and Manufacturing

By Application;

Industrial, Commercial, and Residential

By End-User;

Utility Companies and Independent System Operators (ISOs)

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn188915248 Published Date: August, 2025

Power Monitoring and Control Software Market Overview

Power Monitoring and Control Software Market (USD Million)

Power Monitoring and Control Software Market was valued at USD 14,155.34 million in the year 2024. The size of this market is expected to increase to USD 21,425.36 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.1%.


Power Monitoring And Control Software Market

*Market size in USD million

CAGR 6.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.1 %
Market Size (2024)USD 14,155.34 Million
Market Size (2031)USD 21,425.36 Million
Market ConcentrationMedium
Report Pages309
14,155.34
2024
21,425.36
2031

Major Players

  • Fortive Corp.
  • Fuji Electric Co. Ltd.
  • General Electric Co.
  • Honeywell International Inc.
  • ITRS Group Ltd.
  • Legrand SA
  • Littelfuse Inc.
  • Mitsubishi Electric Corp.
  • OMRON Corp.
  • Packet Power LLC
  • Rockwell Automation Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Power Monitoring And Control Software Market

Fragmented - Highly competitive market without dominant players


The Power Monitoring and Control Software Market is rapidly expanding as over 65% of industries emphasize energy efficiency and digital infrastructure. Organizations are adopting intelligent software platforms to streamline energy usage, reduce waste, and ensure reliability. This widespread shift is creating vast opportunities for providers offering automated and adaptable monitoring solutions designed for modern industrial needs.

Breakthrough Technologies and Smart Integration
With more than 58% of enterprises implementing AI-powered and IoT-enabled tools, the market is shifting towards advanced control systems that support predictive analytics and real-time fault identification. These technological advancements are reshaping the industry by delivering more precise energy tracking and improving operational continuity. The rise in customizable software interfaces is further fueling innovation in this space.

Collaborative Models and Strategic Alliances
Around 62% of solution providers are forming strategic alliances to create integrated ecosystems that offer enhanced interoperability. Such collaborations are essential in managing decentralized energy networks and improving data-driven control mechanisms. These partnerships are also focused on upgrading security protocols, ensuring safer, smarter infrastructure across industrial applications.

Strategic Vision and Market Outlook
Over 67% of companies are expected to channel investments into next-gen software solutions using edge computing and intelligent automation. These developments promise enhanced grid reliability, improved self-regulation features, and comprehensive energy transparency. The future outlook of this market is centered around growth, technological excellence, and scalable energy optimization solutions that drive long-term performance.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Service Type
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Industry
    4. Market Snapshot, By Application
    5. Market Snapshot, By End-User
    6. Market Snapshot, By Region
  4. Power Monitoring and Control Software Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand for Energy Efficiency and Optimization
        2. Increasing Adoption of Smart Grids and IoT-Enabled Solutions
        3. Rising Industrial Automation and Digitalization
      2. Restraints
        1. High Initial Investment and Implementation Costs
        2. Data Security and Privacy Concerns
        3. Integration Challenges with Legacy Systems
      3. Opportunities
        1. Expansion of Renewable Energy Integration
        2. Advancements in AI and Cloud-Based Power Monitoring Solutions
        3. Growing Demand from Emerging Economies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Power Monitoring and Control Software Market, By Service Type, 2021 - 2031 (USD Million)
      1. Frequency Regulation
      2. Voltage Control
    2. Power Monitoring and Control Software Market, By Industry, 2021 - 2031 (USD Million)

      1. Telecommunications

      2. Manufacturing

    3. Power Monitoring and Control Software Market, By Technology, 2021 - 2031 (USD Million)
      1. Advanced Metering Infrastructure (AMI)
      2. Energy Storage Systems (ESS)
    4. Power Monitoring and Control Software Market, By Application, 2021 - 2031 (USD Million)
      1. Industrial
      2. Commercial
      3. Residential
    5. Power Monitoring and Control Software Market, By End-User, 2021 - 2031 (USD Million)

      1. Utility Companies

      2. Independent System Operators (ISOs)

    6. Power Monitoring and Control Software Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Fortive Corp.
      2. Fuji Electric Co. Ltd.
      3. General Electric Co.
      4. Honeywell International Inc.
      5. ITRS Group Ltd.
      6. Legrand SA
      7. Littelfuse Inc.
      8. Mitsubishi Electric Corp.
      9. OMRON Corp.
      10. Packet Power LLC
      11. Rockwell Automation Inc.
  7. Analyst Views
  8. Future Outlook of the Market