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Global Next-Generation Smart Grid Solutions Market was valued at $ 11.6 Billion in 2023 and is projected to grow at a CAGR of 22.4% through 2030

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MILWAUKEE, Feb. 26, 2024 /PRNewswire/ — The “Global Next-Generation Smart Grid Solutions Market by Component (Hardware, Software, Services), by Technology (Advanced Metering Infrastructure (AMI), Grid Automation, Communication Networks, Renewable Energy Integration (Distributed Energy Resources (DERs), Microgrids, Energy Storage), Big Data Analytics, Cybersecurity, Artificial Intelligence (AI) and Machine Learning, and Others), by Application (Generation, Transmission, Distribution, Consumption), by End User (Utilities, Industrial, Commercial, Residential), and by Regions-Forecast to 2030” report has been added to Tersus Strategy’s offering.

The next-generation smart grid solutions market is experiencing significant growth and innovation as utilities worldwide seek to modernize and enhance the efficiency of their power distribution systems. This market is characterized by the integration of advanced technologies such as smart meters, grid automation, communication networks, and artificial intelligence. Key drivers for the adoption of these solutions include the need for improved grid reliability, integration of renewable energy sources, and the rising demand for energy efficiency.

Major players in the market, including General Electric (GE), Siemens, ABB, and Schneider Electric, are at the forefront of providing comprehensive smart grid solutions. These solutions encompass intelligent substations, distribution automation, cybersecurity measures, and advanced metering infrastructure. As the world transitions towards a more sustainable energy future, the market also sees the integration of renewable energy sources, demand response programs, and electrification of transportation into the smart grid ecosystem.

The convergence of big data analytics, artificial intelligence, and IoT technologies is empowering utilities to make data-driven decisions, optimize grid operations, and enhance predictive maintenance. Cybersecurity remains a critical focus to protect smart grid infrastructure from potential threats. The market is witnessing standardization efforts to ensure interoperability among diverse components and systems. Overall, the next-generation smart grid solutions market is poised for continued expansion, driven by the ongoing global energy transition and the need for resilient, sustainable, and intelligent power distribution systems.

For more information about this report visit: https://tersusstrategy.com/product/global-next-generation-smart-grid-solutions-market-2024-2030/

In the dynamic landscape of next-generation smart grid solutions, various trends shape different facets of the energy ecosystem. In power generation, the integration of distributed energy resources (DERs) and renewable sources is a prominent trend, fostering cleaner and more sustainable energy production. Transmission networks are witnessing advancements in digital substations and grid automation, enhancing reliability and adaptability to changing grid conditions. Distribution systems are undergoing a transformation with the introduction of distribution automation and self-healing grids, optimizing efficiency and minimizing downtime. At the consumption level, smart grid technologies empower consumers through real-time data, enabling better energy management and the integration of demand-side management. The rise of smart home technologies and dynamic pricing models further engages consumers in efficient energy usage. Overall, the smart grid landscape is characterized by trends that collectively drive towards a more resilient, sustainable, and interactive energy ecosystem across the entire energy value chain

Across diverse end-user segments, the trends in next-generation smart grid solutions reflect the evolving needs and priorities of utilities, industrial entities, commercial enterprises, and residential consumers. For utilities, a trend involves extensive grid modernization efforts, including the integration of advanced analytics and artificial intelligence for predictive maintenance and optimal grid operations. In the industrial sector, the adoption of smart grid technologies is characterized by enhanced energy efficiency measures, demand response systems, and the integration of renewable energy sources into manufacturing processes. Commercial entities are increasingly leveraging smart grid solutions to optimize energy consumption through building management systems, IoT-driven sensors, and data analytics, resulting in operational cost savings. In residential settings, the proliferation of smart meters, home energy management systems, and the growing use of electric vehicles contribute to a more informed and engaged consumer base, promoting energy conservation and sustainability. These trends collectively underscore the broad and transformative impact of smart grid technologies across diverse end-user segments.

Request detailed sample of this study:  https://tersusstrategy.com/product/global-next-generation-smart-grid-solutions-market-2024-2030/

Key Topics Covered:

1.            Report Scope

1.1.         Market Segmentation and scope

1.2.         Regional Scope

1.3.         Estimates and forecast timeline

2.            Market Research Methodology

2.1.         Research methodology and design

2.2.         Sample selection

2.3.         Reliability and validity

3.            Executive Summary

4.            Market Analysis

4.1.         Market size and growth rates

4.2.         Market growth drivers, market dynamics and trends

4.3.         Market scenarios and opportunity forecasts

4.4.         Market constraints and challenges

4.5.         Industry value chain analysis

4.6.         Industry analysis – Porter’s

4.6.1.     Threat of new entrants

4.6.2.     Bargaining power of suppliers

4.6.3.     Bargaining power of buyers

4.6.4.     Threat of substitutes

4.6.5.     Competitive rivalry

4.7.         PEST analysis

4.7.1.     Political/legal landscape

4.7.2.     Economic landscape

4.7.3.     Social landscape

4.7.4.     Technological landscape

5.            Market Breakdown by Component

5.1.         Introduction

5.2.         Hardware

5.2.1.     Smart Meters

5.2.2.     Sensors

5.2.3.     Communication Infrastructure

5.2.4.     Transformers

5.2.5.     Others

5.3.         Software

5.3.1.     Grid Management Systems

5.3.2.     Asset Management Systems

5.3.3.     Data Analytics and AI/ML Platforms

5.3.4.     Security and Cybersecurity Solutions

5.3.5.     Customer Engagement and Billing Systems

5.4.         Services

5.4.1.     Consulting

5.4.2.     Deployment and Integration

5.4.3.     Support and Maintenance

5.4.4.     Training and Education

6.            Market Breakdown by Technology

6.1.         Introduction

6.2.         Advanced Metering Infrastructure (AMI)

6.3.         Grid Automation

6.4.         Communication Networks

6.5.         Renewable Energy Integration

6.5.1.     Distributed Energy Resources (DERs)

6.5.2.     Microgrids

6.5.3.     Energy Storage

6.6.         Big Data Analytics

6.7.         Cybersecurity

6.8.         Artificial Intelligence (AI) and Machine Learning

6.9.         Others

7.            Market Breakdown by Application

7.1.         Introduction

7.2.         Generation

7.3.         Transmission

7.4.         Distribution

7.5.         Consumption

8.            Market Breakdown by End User

8.1.         Introduction

8.2.         Utilities

8.3.         Industrial

8.4.         Commercial

8.5.         Residential

9.            Market Breakdown – by Geography

9.1.         North America

9.1.1.     North America Next-Generation Smart Grid Solutions Market, 2024-2030

9.1.2.     North America Next-Generation Smart Grid Solutions Market, by Component

9.1.3.     North America Next-Generation Smart Grid Solutions Market, by Technology

9.1.4.     North America Next-Generation Smart Grid Solutions Market, by Application

9.1.5.     North America Next-Generation Smart Grid Solutions Market, by End User 

9.1.6.     North America Next-Generation Smart Grid Solutions Market, by Country

9.1.6.1. U.S.

9.1.6.2. Canada

9.1.6.3. Mexico

9.2.         South America

9.2.1.     South America Next-Generation Smart Grid Solutions Market, 2024-2030

9.2.2.     South America Next-Generation Smart Grid Solutions Market, by Component

9.2.3.     South America Next-Generation Smart Grid Solutions Market, by Technology

9.2.4.     South America Next-Generation Smart Grid Solutions Market, by Application

9.2.5.     South America Next-Generation Smart Grid Solutions Market, by End User 

9.2.6.     South America Next-Generation Smart Grid Solutions Market, by Country

9.2.6.1. Argentina

9.2.6.2. Brazil

9.2.6.3. Others

9.3.         Europe

9.3.1.     Europe Next-Generation Smart Grid Solutions Market, 2024-2030

9.3.2.     Europe Next-Generation Smart Grid Solutions Market, by Component

9.3.3.     Europe Next-Generation Smart Grid Solutions Market, by Technology

9.3.4.     Europe Next-Generation Smart Grid Solutions Market, by Application

9.3.5.     Europe Next-Generation Smart Grid Solutions Market, by End User 

9.3.6.     Europe Next-Generation Smart Grid Solutions Market, by Country

9.3.6.1. Germany

9.3.6.2. France

9.3.6.3. U.K.

9.3.6.4. Russia

9.3.6.5. Italy

9.3.6.6. Spain

9.3.6.7. Sweden

9.3.6.8. Switzerland

9.3.6.9. Finland

9.3.6.10.               Ireland

9.3.6.11.               Poland

9.3.6.12.               Austria

9.3.6.13.               Norway

9.3.6.14.               Netherlands

9.3.6.15.               Others

9.4.         Asia-Pacific

9.4.1.     APAC Next-Generation Smart Grid Solutions Market, 2024-2030

9.4.2.     APAC Next-Generation Smart Grid Solutions Market, by Component

9.4.3.     APAC Next-Generation Smart Grid Solutions Market, by Technology

9.4.4.     APAC Next-Generation Smart Grid Solutions Market, by Application

9.4.5.     APAC Next-Generation Smart Grid Solutions Market, by End User 

9.4.6.     APAC Next-Generation Smart Grid Solutions Market, by Country

9.4.6.1. China

9.4.6.2. Japan

9.4.6.3. South Korea

9.4.6.4. India

9.4.6.5. Singapore

9.4.6.6. Australia

9.4.6.7. Others

9.5.         Middle East & Africa

9.5.1.     MEA Next-Generation Smart Grid Solutions Market, 2024-2030

9.5.2.     MEA Next-Generation Smart Grid Solutions Market, by Component

9.5.3.     MEA Next-Generation Smart Grid Solutions Market, by Technology

9.5.4.     MEA Next-Generation Smart Grid Solutions Market, by Application

9.5.5.     MEA Next-Generation Smart Grid Solutions Market, by End User 

9.5.6.     MEA Next-Generation Smart Grid Solutions Market, by Country

9.5.6.1. Saudi Arabia

9.5.6.2. UAE

9.5.6.3. Israel

9.5.6.4. Qatar

9.5.6.5. South Africa

9.5.6.6. Others

10.          Competitive Landscape

10.1.      Company Market Positioning

10.2.      Company Geographical Presence Analysis

10.3.      Market Revenue Share Analysis (%), by Leading Players

11.          Company Profiles

•             Company Overview

•             Financial Performance

•             Product Benchmarking

•             Recent Developments

Established Players

1.            General Electric

2.            Siemens

3.            Schneider Electric

4.            ABB

5.            Eaton

6.            Itron

7.            Landis+Gyr

8.            EDMI

9.            Enel

10.          Engie

11.          Iberdrola

12.          Honeywell

13.          Cisco

14.          Huawei

15.          Microsoft

16.          IBM

17.          Oracle

Emerging Players

18.          GridBeyond

19.          sonnen GmbH

20.          AutoGrid

21.          Greenbird Integration Technology

22.          Enchanted Rock

23.          Guardtime

For more information about this report visit : https://tersusstrategy.com/product/global-next-generation-smart-grid-solutions-market-2024-2030/

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 Media Contact:
Tersus Strategy
Kevin Matthew, Business Development Manager
Info@tersusstrategy.com
+1 (414) 882-8941
333 W Brown Deer Rd. 53217-2372 Milwaukee Wisconsin USA

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Elementix and Lightning Docs Announce Reporting Partnership to Deliver Industry-Comprehensive Data on Business-Purpose Lending

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51 minutes ago

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October 27, 2026

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Each company’s monthly report will draw on shared recorded transaction data and loan-level document data, giving lenders, brokers, and investors a more complete view of current bridge, fix-and-flip, construction, and DSCR lending.

IRVINE, Calif., Oct. 27, 2026 /PRNewswire/ — Elementix, a leading provider of aggregated data on business-purpose lending, and Lightning Docs, the premier loan document automation platform for private lenders, Non-QM lenders, credit unions, and law firms, today announced a data-sharing partnership to strengthen reporting on the business-purpose lending market.

The partnership brings together two complementary datasets. Elementix aggregates recorded real estate transactions nationwide, including mortgages, deeds, satisfactions, assignments, and preforeclosure filings, providing a comprehensive picture of lender activity, loan volume, and market share. Lightning Docs captures loan-level terms at the point of document generation, including interest rates, loan amounts, and loan structures, from a document automation platform used by 60% of the nation’s top 50 private lenders. Combined, the two sources produce a level of coverage and detail that has been unprecedented in the private lending space.

“Private lending has long been an opaque industry, with limited data on interest rates, loan amounts, geographic trends, and other metrics that are vital to running a profitable operation,” said Nema Daghbandan, CEO of Lightning Docs. “Lightning Docs set the standard for monthly private lending market reporting, and this partnership raises it. By pairing our loan-level data with Elementix’s transaction data, we are delivering reporting with the scale, precision, and depth the market has been missing, and providing lenders, brokers, and investors a clearer view of the industry than they have ever had before.”

Each report, delivered at a regular monthly cadence, will cover bridge, fix-and-flip, ground-up construction, and DSCR loans, with aggregated data on interest rates, loan amounts, loan volume, lender activity, geographic trends at the state and regional level. All data will be aggregated and anonymized, with no borrower- or lender-specific loan terms disclosed.

“Managing risk in private lending starts with understanding the borrower and the broader market, yet lenders often have to make decisions with incomplete information. Elementix was built to help lenders understand that risk through public record data, and partnering with Lightning Docs adds the loan-level detail that completes the picture. Together, we’re helping lenders better understand market conditions and bring that context into how they assess and manage risk,” said Cameron Kelliher, founder and CEO of Elementix.

The first joint report is scheduled for release in November 2026. Reports will be published on the Lightning Docs and Elementix websites and distributed to subscribers of both companies.

About Elementix
Elementix is the borrower intelligence platform for private lenders. It helps lenders identify active investors, verify experience for better credit decisions, and reach decision-makers with leading contact data accuracy. For more information, visit www.elementix.com.

About Lightning Docs
Initially developed by nationally recognized private lending attorneys, Lightning Docs is the industry’s leading automated loan document software for lenders who make business-purpose loans. The platform instantly produces attorney-grade, compliant loan documents across all 50 states. It covers every business-purpose loan type, including short-term bridge and fix-and-flip loans, 30-year DSCR rental loans, ground-up construction, and complex modifications. Lightning Docs is the official loan document software of the American Association of Private Lenders®. More than 60% of the nation’s top 50 private lenders use it, along with many of the country’s largest Non-QM lenders. Since 2018, lenders have originated more than $100 billion using Lightning Docs. For more information, visit www.lightningdocs.ai.

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SOURCE Lightning Docs LLC

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Therap Services Enhances Therap Connect with Personalized Sleep Insights for Human Services Providers

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51 minutes ago

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October 27, 2026

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TORRINGTON, Conn., Oct. 27, 2026 /PRNewswire/ — Therap Services, the national leader in HIPAA-compliant electronic documentation solutions for Intellectual and Developmental Disabilities (IDD), Home and Community-Based Services (HCBS), and Long-Term Services and Supports (LTSS) industries, has introduced advanced Personalized Sleep Insights to its Therap Connect platform. This enhancement integrates ambient room monitoring with sleep tracking data to help care teams understand and optimize environmental factors affecting the sleep quality of individuals.

Understanding Environmental Factors for Better Rest

Tracking overnight sleep patterns is vital for maintaining physical health, emotional well-being, and individual safety. The updated Therap Connect module introduces a ‘Personalized Sleep Insights’ feature that evaluates three months of historical data from Withings sleep monitors and Watchdog room sensors. By evaluating sleep start times alongside ambient room temperature and humidity, the system highlights optimal environmental conditions to support healthier sleep habits and proactive care planning.

Streamlined Platform Workflows and Daily Tracking

Designed for ease of use, this update helps teams manage daily monitoring more efficiently. Staff can quickly review overnight alerts directly on dashboard views, manage notification settings in one place, and conveniently copy form details with a single click. These practical updates save time on routine administrative tasks, allowing care managers and staff to focus on monitoring health parameters.

Frequently Asked Questions (FAQs)

Does Therap Connect offer sleep tracking capabilities? 

Yes. Therap Services provides integrated sleep and health tracking through Therap Connect, combining continuous sensor data with daily documentation tools.

How do Personalized Sleep Insights in Therap Services help human services providers?

It analyzes sleep schedules, room temperature, and humidity data to identify optimal sleep environments, helping care teams make data-informed adjustments to support health outcomes.

Does Therap Connect require extra software for sleep tracking? 

No. Therap Connect operates through its own dedicated, secure web-based portal, allowing teams to access environmental and sleep tracking insights natively without installing third-party software.

For more information about Therap Connect, please visit: https://www.therapconnect.net/

About Therap Services

Therap Services provides HIPAA-compliant software for documentation, communication, reporting, EVV, and billing.

Learn more: https://www.therapservices.net/

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SOURCE Therap Services

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Meet Providi: One Company Behind Cerbo and OptiMantra

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51 minutes ago

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October 27, 2026

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The new name reflects a long-term commitment to the cash-pay personalized care market, where Cerbo and OptiMantra keep their brands and together serve nearly 7,000 clinics.

ATLANTA, Oct. 27, 2026 /PRNewswire/ — Providi launched today as the corporate brand of the company behind Cerbo and OptiMantra, two long-standing products in the cash-pay personalized care market. The companies combined in 2025, backed by a growth investment from Mainsail Partners. Cerbo and OptiMantra will continue as product brands within Providi.

Together, the two providers of electronic health record (EHR) and practice management products support nearly 7,000 clinics. These include functional, integrative, longevity, wellness, direct primary care, concierge, med spa and behavioral health practices. Both have served the market since 2011.

The name Providi combines “provi,” for the provider at the center of every practice, with “vidi,” Latin for “I saw.” It stands for a company that starts with the provider and can see where personalized care is going.

Providi’s mission is to empower personalized care providers to deliver better patient outcomes and create thriving practices. That mission is already shaping the product roadmap. With the Cerbo and OptiMantra teams building together, new capabilities reach providers faster, and AI Scribe is the first example. Available now, Cerbo AI Scribe captures visit notes automatically, so providers spend less time charting between visits or after hours. OptiMantra AI Scribe, built on lessons from the Cerbo launch, is coming to OptiMantra providers soon.

“Personalized care providers built this market one practice at a time, each one designed around the time, attention and care they believe every patient deserves,” said Jeff Hindman, CEO of Providi. “Cerbo and OptiMantra have each earned the trust of thousands of practices, and Providi exists to amplify that work. Coming together as one company accelerates the innovation we can bring to market and enables us to invest more in both products. Our focus remains giving the providers already running our products and the new providers entering the market the technology they need to succeed.”

Providers can expect to log in to the same Cerbo and OptiMantra products, reach out to the same reps and receive support, onboarding and product updates the same way they do today. They will start to see the Providi name at combined events and in company communications, and they’ll feel it in their products: two teams sharing what they learn, active investment in both products and new capabilities reaching their practices sooner.

About Providi

Providi is the company behind Cerbo and OptiMantra, two electronic health record (EHR) and practice management products serving the cash-pay personalized care market. Together, Cerbo and OptiMantra support nearly 7,000 clinics in functional, integrative, longevity, wellness, direct primary care, concierge, med spa and behavioral health. Providi is committed to meeting the specialty workflow needs of these practices and continues to invest in both products to help providers achieve better patient outcomes, grow their practices and operate more efficiently. For more information, visit providico.com.

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SOURCE Providi

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