Global $212 Billion Electricity Trading Customized Market Outlook to 2037 [Yahoo! Finance]
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Source: Yahoo! Finance
The market is estimated to garner a revenue of nearly USD 212 Billion by the end of 2037, up from a revenue of about USD 81.88 Billion in the year 2024. The global electricity trading market is anticipated to grow with a CAGR of 7.77% over the forecast period, i.e., 2024 - 2037. Factors such as the surge in demand in the residential sector, followed by the rising number of smart city projects are projected to drive the growth of the market in the coming years. Additionally, the rising integration of government policies and initiatives is also expected to boost market growth. The global electricity trading market is segmented into numerous segments, which include segmentation by type, application, and by region. By type, the market is segmented into residential, industrial, and commercial. By the end of 2037, the industrial segment is anticipated to garner the largest revenue of around USD 89.07 billion, up from a revenue of close to USD 36.81 billion in the year 2024. On the ba
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