In 2021, the Advanced Distribution Management System Market was worth around USD 1,998.0 million, and it is projected to advance at a 19.7% CAGR from 2021 to 2030, hitting USD 10,097.9 million by 2030, according to P&S Intelligence.

This growth can be ascribed to the rising demand for a reliable, secure, integrated, efficient, fast acceptance of the smart grid technology, a single platform for power transmission management, and the growing need to advance the power infrastructure in emerging nations.

In 2021, distributed energy resource management systems had the largest market share, of above 35%. Several steps have been taken by governments throughout the globe for power management in residential structures. 

For example, in the U.S., the Building Technologies Office (BTO) allies with house manufacturers, educators, state and local governments, product makers, energy experts, utilities, and researchers to surge the power effectiveness of new and standing houses.

Browse detailed - Advanced Distribution Management System Market Revenue Estimation and Growth Forecast Report

In 2021, the on-premises category had the larger market share, of above 60%. This is mainly because most administrations have executed on-premises ADMS credited to confidentiality concerns. The information is saved on on-premises servers and systems, and the firm has whole control over it and its safety.

For example, the Oracle Utilities Network Management System software set enables operators to monitor, control, and model a customer-centric grid in real-time.

In 2021, The North American advanced distribution management system industry had the highest revenue share, at approximately 32%. A huge part of utilities in the U.S. is taking steps in order to swap their present distribution systems with modern and enhanced 

management systems. However, in Canada, there is a surge in the acceptance of enhanced technologies which will ultimately encourage fast infrastructure development and, finally, a rise in ADM's acceptance.