Cybersecurity Enhancements Innovations Market Growth Forecast 2035
The global automated power generation dispatch software market, valued at USD 2.8 billion in 2024, is projected to reach USD 7.5 billion by 2035, registering a compound annual growth rate (CAGR) of 9.4%. This growth is driven by the increasing need for efficient power management, rising adoption of renewable energy sources like wind and solar, and advancements in automation technologies. The software optimizes power distribution from diverse sources, balancing supply and demand in real time. The market is reshaping the energy sector by enabling utilities to manage complex grids and integrate distributed energy resources effectively.