Grid Edge DERMS Market to Reach $2.9 Billion by 2032 at 16.8% CAGR Amid Rapid Distributed Energy Expansion
The global Grid Edge Derms Market is experiencing accelerated growth as utilities integrate distributed energy resources (DERs) such as solar, battery storage, and electric vehicles into power grids. The market was valued at USD 840 million in 2023, increasing to USD 980 million in 2024, representing a 16.7% year-over-year growth rate. Analysts forecast the market will reach USD 2.9 billion by 2032, expanding at a compound annual growth rate (CAGR) of 16.8% from 2024 to 2032.
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