Global Outage Management System Market Valued at USD 1,182 million in 2024, Set to Soar at 30.14% CAGR to USD 5,742 million by 2030

0
1K

Driven by smart grid integration, regulator mandates, and aging energy infrastructure, the Global Outage Management System (OMS) market reached approximately USD 1,182 million in 2024 and is projected to expand to USD 5,742 million by 2030, recording a CAGR of 30.14% during 2025–2030 . The surge reflects utilities’ increasing reliance on digital tools to detect, manage, and resolve power outages more efficiently.

Outage Management System Market Analysis Highlights

  • Smart grid modernization is a key driver: utilities worldwide are integrating real-time fault detection and self-healing functionalities to minimize outage duration and enhance service reliability.
  • Regulatory pressure and compliance: Governments globally are enforcing strict standards (e.g., NERC, EU directives) to improve grid resilience, pushing investments in OMS platforms.
  • Rising extreme weather events: Increasing frequency of storms and natural disasters (e.g., hurricanes, wildfires) is accelerating OMS adoption to better predict, respond, and recover from disruptions.
  • Cloud-based deployment gains momentum: Organizations are shifting to cloud or hybrid OMS solutions to reduce upfront costs, ensure real-time scalability, and enable remote operations during severe outages.
  • R&D and government-funded initiatives: Programs under DOE and EU’s Clean Energy initiatives are sponsoring pilot projects that fuse OMS with AI/ML predictive analytics to optimize grid restoration.
  • Collaborations among vendors: Key industry players are partnering with telecom firms and weather data providers to enhance outage prediction capabilities and operational efficiency.

Get Free Sample Report as previous we are using: https://www.marknteladvisors.com/query/request-sample/outage-management-system-market.html

Key Takeaways from the Market Research Report

  • Rapid acceleration in smart grid modernization programs globally
  • Government regulations mandating grid resilience and outage response standards
  • Rising natural disasters driving urgent need for advanced OMS
  • Growth in cloud-based and subscription-based OMS platforms
  • Integration of AI/ML for predictive restoration and fault location
  • Expanding utility partnerships with telecom and weather data services

 Outage Management System Market Leading Players

·       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

Outage Management System Market Segmentation Analysis

By Type

o   Standalone OMS

o   Integrated OMS

By Component

o   Software System

o   Communication System

By End User

o   Private Utility

o   Public Utility

Driver Spotlight: AI-Powered Predictive Restoration

A standout trend is the integration of artificial intelligence and machine learning into OMS platforms to predict potential fault locations and streamline restoration procedures. By analyzing historic outage data, real-time sensor feeds, and weather patterns, AI models proactively flag high-risk areas. Utilities benefit from improved crew dispatch, faster resolution, and reduced customer downtime. This AI-driven shift transforms OMS from a reactive tool into a proactive grid intelligence system—delivering strategic value and solid return on investment for utilities worldwide.

Boom Segment: Cloud-Based OMS Solutions

Cloud-based OMS deployment is the fastest-growing segment, surpassing traditional on-premises editions. Cloud models offer scalable computing power, lower upfront investment, remote team accessibility, and seamless automatic updates. Utility firms appreciate hybrid-cloud flexibility, combining local control with centralized speed and redundancy. As utilities aim to digitally transform their operations on tight budgets, cloud OMS solutions become indispensable. This segment's rise mirrors broader digital adoption across critical infrastructure sectors.

Regional Market Insight: North America Leads the Pack

North America commands the largest market share in the global OMS landscape—utility regulatory frameworks (e.g., NERC), significant grid modernization budgets, and widespread renewable energy integration foster surge in OMS adoption . The U.S., notably states like California and Texas, are prioritizing storm readiness and wildfire detection through enhanced OMS deployments. A robust utility ecosystem and tech-friendly policies are fueling strong innovation and implementation rates.

Future Outlook

With the growing trends, the industry is projected to grow and expand during the forecasting years i.e., 2025‑30 as the above-stated factors are changing the market landscape and opening doors to the market players. Market players can enhance their market size & revenue by meeting the changing market dynamics and evolving consumer expectations. Additionally, market players with the help of SWOT analysis can adjust their existing settings regarding the evolving market trends, which would ultimately augment the size & volume of the entire industry at the global level.

Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

For Media Inquiries, Please Contact:

Email: sales@marknteladvisors.com

Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511

Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India

Search
Categories
Read More
Shopping
Next-Gen Technology for Flawless Jelly Production
In the competitive confectionery industry, consistency and quality are paramount....
By flyloong 2025-05-08 06:24:19 0 2K
Fitness
犀利士5mg哪裡買 正品 安全 就在24小時藥局
   ...
By washjavierp 2025-03-10 09:23:08 0 3K
Other
Cylindrical Lithium-Ion Battery Market Trends & Analysis Report, 2033 | UnivDatos
According to a new report by UnivDatos, the Cylindrical Lithium-Ion Battery Market is...
By ahasanumi 2025-07-11 10:54:12 0 277
Religion
DW錶帶哪裡買?精選Daniel Wellington PETITE米蘭金屬錶帶推薦
說到時尚與簡約兼具的手錶品牌,Daniel Wellington(DW)絕對榜上有名。無論是質感俐落的daniel wellington 手錶,還是深受情侶喜愛的dw...
By chenchen123 2025-04-24 03:14:20 0 2K
Shopping
RELX 5代煙彈口感實測——熱門口味推薦與購買方式
在電子煙市場中,悅刻 RELX 一直以創新技術與優質體驗著稱,而其中relx...
By pertend 2025-06-13 01:59:33 0 956
iS Wao https://iswao.com