Outage Management System Market Set to Grow at 30.14% CAGR, Reaching USD 5,742 Million by 2030
Global Outage Management System Market: Key Dynamics, Size & Share Analysis
As per MarkNtel Advisors the Global Outage Management System Market size was valued at around USD 1,182 million in 2024 and is expected to reach USD 5,742 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 30.14% during the forecast period, i.e., 2025-30.
Global Outage Management System Market Drivers:
Frequent Power Outages to Fuel Market Demand – The market growth is driven by the high frequency of blackouts and power outages worldwide. These outages are the result of fluctuating climatic conditions and natural disasters, such as in more than 50% of countries like Kenya, Lebanon, Nigeria, South Africa, and many more. For instance, in 2024, Lebanon experienced a full-day blackout as the fuel reserves were fully depleted. Additionally, Nigeria recorded about 45 major grid collapses from 2017 to 2024. Such types of blackouts are increasing the demand for efficient outage management systems to overcome the losses created by these uncertain outages.
Additionally, countries like China, the United States, India, and Japan have aging grid infrastructure, thus growing the demand for modern outage management systems to smartly manage the power supply in these countries. For instance, most of the electrical grids in the United States are almost 50-60 years old, which makes them more prone to major blackouts in the country and increases the market demand.
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Outage Management System Market Systems Market Segmentation:
-By Type
- Standalone OMS- Market Size & Forecast 2020-2030, USD Million
- Integrated OMS- Market Size & Forecast 2020-2030, USD Million
-By Component
- Software System- Market Size & Forecast 2020-2030, USD Million
- Communication System- Market Size & Forecast 2020-2030, USD Million
-By End User
- Private Utility- Market Size & Forecast 2020-2030, USD Million
- Public Utility- Market Size & Forecast 2020-2030, USD Million
Geographical Analysis of the Outage Management System Market
-By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
North America is dominating the Global Outage Management System Market and accounts for more than 35% of the market share. The dominance is due to the outdated grid infrastructure in countries like Canada and the United States, with an estimated age of more than 55 years.
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Outage Management System Market Recent Development:
- 2025: Oracle Corporation launched enhancements to its Oracle Utilities Network Management System (NMS), an ADMS platform that tightly integrates OMS, DERMS, SCADA, and analytics.
- 2024: ABB Ltd. unveiled the latest version of its digital energy management system, OPTIMAX® 6.4, featuring an advanced AI module. This upgrade enables improved forecasting of energy demand, generation, and pricing, facilitating better coordination across multiple industrial assets and processes.
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Report Highlights Essential Insights for Strategic Decision-Making
- Detailed market size, share, and forecast analysis
- In-depth pricing trends and segment-wise cost evaluations
- Key industry strategies, including innovation, partnerships, and acquisitions
- Critical value chain analysis and stakeholder profiling
- Regional import-export market insights and trade flow assessment
- Thorough competitive benchmarking of top hearing aid manufacturers
- Identification of new growth opportunities and niche market segments
- Overview of market trends, drivers, and challenges shaping future demand
Some of the leading players in the Outage Management System Market are:
- 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
- Others
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Research Methodology Summary
A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.
Key Steps:
- Define objectives and research design
- Collect data through surveys and interviews
- Analyze and validate data using reliable tools
- Forecast trends and deliver actionable insights
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