
Global Energy Cloud Enterprise Asset Management Market Insights, Size, and Forecast By Type (Cloud-Based, On-Premises, Hybrid), By Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud), By Application (Asset Tracking, Maintenance Management, Work Order Management, Data Analytics), By End Use Sector (Oil and Gas, Utilities, Renewable Energy, Manufacturing), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), Key Companies, Competitive Analysis, Trends, and Projections for 2026-2035
Key Market Insights
Global Energy Cloud Enterprise Asset Management Market is projected to grow from USD 3.8 Billion in 2025 to USD 11.5 Billion by 2035, reflecting a compound annual growth rate of 14.6% from 2026 through 2035. This market encompasses the application of cloud based software solutions to manage and optimize the lifecycle of physical assets within the energy sector, including power generation, transmission, distribution, and oil and gas infrastructure. EAM systems in the cloud provide functionalities such as asset tracking, maintenance management, work order management, inventory management, and predictive analytics, all delivered through a scalable and accessible cloud infrastructure. Key market drivers include the increasing adoption of Industry 4.0 technologies, the growing need for operational efficiency and cost reduction in energy companies, the rising complexity of energy grids, and the imperative for regulatory compliance and enhanced safety. The shift towards renewable energy sources and the digitalization of energy infrastructure further accelerate the demand for advanced EAM solutions. Important trends shaping the market involve the integration of artificial intelligence and machine learning for predictive maintenance, the increasing deployment of Internet of Things IoT sensors for real time asset monitoring, and the growing emphasis on cybersecurity within cloud environments.
Global Energy Cloud Enterprise Asset Management Market Value (USD Billion) Analysis, 2025-2035

2025 - 2035
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Despite the robust growth, market restraints include the significant initial investment required for EAM implementation, data security concerns associated with cloud adoption, and the challenge of integrating EAM systems with existing legacy infrastructure. Additionally, a lack of skilled personnel capable of managing complex cloud based EAM solutions can hinder market expansion. However, significant opportunities arise from the increasing demand for smart grid solutions, the expansion of renewable energy projects globally, and the growing focus on sustainability and decarbonization initiatives. The Utilities sector holds the largest share within the market, driven by its extensive asset base, critical infrastructure, and the constant need for reliable service delivery. This segment leverages EAM to improve uptime, reduce operational costs, and enhance customer satisfaction.
North America stands as the dominant region in the Global Energy Cloud Enterprise Asset Management Market. This leadership is attributed to the presence of technologically advanced energy infrastructure, high adoption rates of cloud technologies, significant investments in digitalization, and the early embrace of smart grid initiatives by key energy players in the region. The fastest growing region is Asia Pacific, propelled by rapid industrialization, increasing energy demand, substantial investments in new power generation and transmission projects, and the growing awareness among energy companies regarding the benefits of cloud based EAM solutions for optimizing operations and reducing costs. Key players like ABB, Schneider Electric, SAP, GE Digital, AVEVA, Siemens, ESRI, Hexagon, Microsoft, and Aspen Technology are actively pursuing strategies such as mergers and acquisitions, strategic partnerships, product innovation, and geographical expansion to strengthen their market position and cater to the evolving needs of the energy sector. These strategies are aimed at offering comprehensive, integrated, and scalable EAM solutions that leverage the power of cloud computing and advanced analytics to optimize asset performance and reliability across the energy value chain.
Quick Stats
Market Size (2025):
USD 3.8 BillionProjected Market Size (2035):
USD 11.5 BillionLeading Segment:
Utilities (41.7% Share)Dominant Region (2025):
North America (38.2% Share)CAGR (2026-2035):
14.6%
What is Energy Cloud Enterprise Asset Management?
Energy Cloud Enterprise Asset Management is a strategic approach integrating cloud computing with conventional asset management for the evolving energy sector. It encompasses the comprehensive lifecycle management of physical and digital assets within the complex energy ecosystem, from renewable energy sources to smart grids and distributed energy resources. Utilizing advanced analytics, artificial intelligence, and real time data, it optimizes asset performance, predicts maintenance needs, ensures regulatory compliance, and enhances operational efficiency and reliability. This system is crucial for managing diverse energy assets, facilitating grid modernization, and accelerating the transition to a more sustainable and resilient energy future.
What are the Trends in Global Energy Cloud Enterprise Asset Management Market
AI Powered Predictive Maintenance Dominance
Blockchain Enhanced Asset Lifecycle Transparency
Digital Twin Integration for Optimized Performance
SaaS Adoption for Scalable EAM Solutions
AI Powered Predictive Maintenance Dominance
AI powered predictive maintenance is becoming the preferred strategy for global energy cloud enterprises. Machine learning algorithms analyze sensor data from assets, forecasting potential failures before they occur. This proactive approach minimizes downtime, optimizes asset lifespan, reduces operational costs, and improves safety across distributed infrastructure. It’s fundamentally transforming maintenance from reactive to foresight driven.
Blockchain Enhanced Asset Lifecycle Transparency
Blockchain is revolutionizing energy asset management. It provides an immutable, transparent record of an asset's entire lifecycle, from acquisition to decommissioning. This enhances visibility into maintenance history, performance data, and regulatory compliance. It also facilitates secure, verifiable tracking of asset ownership transfers, optimizing operational efficiency and reducing disputes across the global energy cloud enterprise.
Digital Twin Integration for Optimized Performance
Digital twin integration is revolutionizing energy cloud enterprise asset management. It creates virtual replicas of physical assets, allowing real time monitoring and simulation. This enables proactive maintenance, predictive failure analysis, and optimized operational strategies. Companies gain improved asset health visibility, reduced downtime, and enhanced resource allocation. Ultimately, this leads to significantly improved performance and efficiency across the entire energy infrastructure.
SaaS Adoption for Scalable EAM Solutions
Energy companies increasingly adopt SaaS for EAM. This shift provides scalable, cloud based solutions, enabling enhanced asset performance and predictive maintenance across distributed operations. It replaces legacy on premise systems, offering greater flexibility, cost efficiency, and improved data accessibility for managing critical infrastructure and equipment more effectively.
What are the Key Drivers Shaping the Global Energy Cloud Enterprise Asset Management Market
Digital Transformation & Operational Efficiency Imperatives
Renewable Energy Expansion & Grid Modernization
Enhanced Regulatory Compliance & Risk Mitigation
Advanced Analytics & AI-driven Predictive Maintenance
Digital Transformation & Operational Efficiency Imperatives
Energy firms face immense pressure to modernize operations and optimize asset performance. Digital transformation, leveraging cloud based solutions, streamlines workflows, enhances data analytics, and improves decision making. This imperative drives adoption of enterprise asset management to boost efficiency, reduce costs, and ensure reliability across complex energy infrastructures.
Renewable Energy Expansion & Grid Modernization
The global shift towards clean power sources necessitates significant investment in new renewable energy infrastructure. This expansion, coupled with the critical need to modernize existing grid systems for increased stability, resilience, and bidirectional power flow, drives substantial growth in enterprise asset management solutions. Efficiently managing these complex assets is paramount for operational success.
Enhanced Regulatory Compliance & Risk Mitigation
Global Energy Cloud Enterprise Asset Management is driven by stricter regulations across the energy sector. Companies must adhere to complex environmental safety and operational standards. Cloud based solutions offer real time data tracking audit trails and predictive analytics enabling organizations to proactively manage assets reduce failures and demonstrate compliance with ease. This minimizes fines reputational damage and operational risks.
Advanced Analytics & AI-driven Predictive Maintenance
This driver leverages sophisticated analytics and artificial intelligence to forecast equipment failures before they occur. By continuously analyzing sensor data operational metrics and historical performance patterns it enables proactive maintenance strategies. This prevents unexpected downtime optimizes asset utilization and extends the lifespan of critical energy infrastructure improving efficiency and reducing operational costs.
Global Energy Cloud Enterprise Asset Management Market Restraints
Lack of Standardized Data Models and Interoperability Challenges for Diverse Energy Assets
Energy cloud platforms struggle with incompatible data across varied assets like solar, wind, and smart grids. Without universal data models, integrating and analyzing information from these diverse sources becomes complex. This fragmentation hinders seamless communication and data exchange between different systems and stakeholders, limiting the effectiveness of enterprise asset management solutions. The absence of common standards for data representation complicates efficient data utilization.
High Implementation Costs and Perceived ROI Uncertainty for Cloud-Based EAM Solutions
Energy firms face substantial upfront investments implementing cloud EAM due to customization, integration with existing systems, and data migration complexities. This financial burden is compounded by uncertainty regarding the actual return on investment. Calculating the precise benefits of improved asset performance, reduced downtime, and optimized maintenance schedules proves challenging, making budget allocation and executive buy-in difficult. The perceived risk associated with these high costs and unquantifiable returns hinders widespread adoption.
Global Energy Cloud Enterprise Asset Management Market Opportunities
AI-Driven Cloud EAM for Predictive Maintenance & Asset Optimization in Global Energy
AI driven cloud Enterprise Asset Management offers a pivotal opportunity for the global energy sector. It transforms traditional asset management, enabling highly accurate predictive maintenance by leveraging data to proactively forecast equipment failures. This significantly reduces unplanned downtime and operational expenditures. Furthermore, intelligent platforms optimize performance and extend the lifespan of critical energy assets, enhancing reliability, safety, and efficiency across complex, geographically dispersed infrastructures. This strategic shift drives substantial value and sustainable growth for energy enterprises worldwide.
Sustainable Energy Transition: Cloud EAM for Renewable Asset Management & ESG Compliance
The global sustainable energy transition fuels vast renewable asset growth, creating a significant opportunity for Cloud EAM. It addresses the critical need for efficient management of complex, geographically dispersed assets like solar farms and wind turbines. Cloud EAM provides scalable, real time solutions for asset performance optimization and predictive maintenance, maximizing operational efficiency. Crucially, it also streamlines data collection and reporting, essential for achieving stringent environmental, social, and governance ESG compliance. This opportunity is accelerating rapidly, particularly in markets embracing renewable infrastructure.
Global Energy Cloud Enterprise Asset Management Market Segmentation Analysis
Key Market Segments
By Type
- •Cloud-Based
- •On-Premises
- •Hybrid
By Deployment Model
- •Public Cloud
- •Private Cloud
- •Hybrid Cloud
By Application
- •Asset Tracking
- •Maintenance Management
- •Work Order Management
- •Data Analytics
By End Use Sector
- •Oil and Gas
- •Utilities
- •Renewable Energy
- •Manufacturing
Segment Share By Type
Share, By Type, 2025 (%)
- Cloud-Based
- On-Premises
- Hybrid

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Why is the Utilities sector the leading segment in the Global Energy Cloud Enterprise Asset Management Market?
The Utilities sector holds the largest share due to its critical need for efficient asset management across vast and complex infrastructures. Power generation, transmission, and distribution networks comprise numerous high value assets that require continuous monitoring, predictive maintenance, and rigorous regulatory compliance. Cloud based EAM solutions offer utilities the scalability, data analytics capabilities, and remote access necessary to optimize asset performance, minimize downtime, and manage extensive workforces, thereby ensuring operational continuity and reliability for essential services.
How do different deployment models cater to varied enterprise needs within the Energy Cloud EAM landscape?
The market sees significant adoption across Public Cloud, Private Cloud, and Hybrid Cloud deployment models, each addressing specific enterprise requirements. Public Cloud offers cost effectiveness and scalability, appealing to smaller or less sensitive operations. Private Cloud provides enhanced security and control, preferred by organizations with strict data governance or critical infrastructure. Hybrid Cloud combines the benefits of both, allowing businesses to keep sensitive data on premises while leveraging cloud resources for less critical applications or fluctuating workloads, offering flexibility and disaster recovery capabilities essential for the diverse energy sector.
What primary applications drive the adoption of Cloud Enterprise Asset Management solutions in the energy industry?
The key applications propelling market growth include Maintenance Management, Asset Tracking, Work Order Management, and Data Analytics. Maintenance Management is paramount for extending asset lifespan and preventing costly failures, especially for high value energy infrastructure. Asset Tracking ensures real time visibility and location awareness for distributed assets. Work Order Management streamlines operational tasks and resource allocation. Data Analytics provides crucial insights for predictive maintenance, operational efficiency, and strategic decision making, enabling energy companies to optimize asset utilization and reduce operational expenditures significantly.
What Regulatory and Policy Factors Shape the Global Energy Cloud Enterprise Asset Management Market
Global energy cloud EAM operates under a complex web of regulations emphasizing data security and privacy. Directives like GDPR and national cybersecurity frameworks heavily impact cloud deployment, particularly for critical infrastructure data. Energy sector specific rules, such as NERC CIP, mandate robust protection for operational technology and asset management systems. Compliance with varying data residency requirements across jurisdictions is essential. Regulators globally push for increased grid resilience and efficiency, making EAM vital for meeting asset reliability and maintenance standards. Environmental regulations driving sustainability reporting also necessitate advanced asset tracking. Adherence to these diverse, evolving policy landscapes is critical for market success and technology adoption.
What New Technologies are Shaping Global Energy Cloud Enterprise Asset Management Market?
Global Energy Cloud EAM is propelled by transformative innovations. Artificial intelligence and machine learning revolutionize predictive maintenance, optimizing asset lifecycle management and operational efficiency across distributed energy resources. IoT sensors provide real-time data streams, feeding sophisticated digital twin models for enhanced simulation and performance monitoring. Blockchain technology ensures secure, transparent asset data provenance and transaction tracking. Edge computing facilitates rapid data processing at the source, crucial for immediate operational responses. These cloud native solutions integrate advanced analytics and generative AI capabilities, driving greater foresight in asset health and performance. Such integrated technologies are reshaping enterprise asset management for a smarter, more resilient energy future.
Global Energy Cloud Enterprise Asset Management Market Regional Analysis
Global Energy Cloud Enterprise Asset Management Market
Trends, by Region

North America Market
Revenue Share, 2025
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North America dominates the Global Energy Cloud Enterprise Asset Management market with a significant 38.2% share. The region’s mature energy infrastructure, rapid adoption of cloud technologies, and strong emphasis on operational efficiency are key drivers. The presence of major energy companies and leading cloud solution providers further fuels growth. Increased investment in renewable energy projects and the need for optimized asset management in grid modernization initiatives are also contributing factors. Regulatory frameworks promoting digital transformation and a strong innovation ecosystem position North America for continued leadership in this market.
Western Europe dominates the Global Energy Cloud Enterprise Asset Management market due to mature digital infrastructure and strong regulatory push for renewables. Germany, UK, and France lead, driven by their large utility sectors and high adoption of cloud solutions. Northern Europe shows strong growth, particularly in offshore wind. Southern and Eastern Europe lag due to slower digitalization and less developed energy grids, but offer significant future potential as their energy sectors modernize and invest in smart grid technologies and renewable energy projects, necessitating robust EAM solutions for optimized operations.
Asia Pacific is the fastest-growing region in the Energy Cloud Enterprise Asset Management market, boasting a 14.2% CAGR. This surge is driven by rapid industrialization, digital transformation initiatives in the energy sector, and increasing adoption of cloud-based solutions across countries like China, India, Japan, and Australia. Investments in renewable energy and smart grid infrastructure are further propelling demand for efficient asset management, cybersecurity, and predictive maintenance solutions to optimize performance and reduce operational costs for utilities and energy companies across the region.
Latin America's Global Energy Cloud Enterprise Asset Management market is experiencing steady growth, driven by digital transformation initiatives and the increasing adoption of renewable energy projects. Brazil and Mexico lead in market share, fueled by their robust energy infrastructure and industrial sectors. Argentina, Chile, and Colombia show strong potential with ongoing investments in smart grids and modernizing aging assets. Challenges include economic volatility and data security concerns. The region emphasizes cost-efficiency and operational optimization, making cloud-based EAM solutions attractive for improving asset performance and regulatory compliance across diverse energy landscapes.
MEA's Energy Cloud EAM market is witnessing robust growth, driven by digital transformation initiatives and infrastructure expansion across the Middle East and increased investment in renewables and grid modernization in Africa. The region's vast oil & gas sector in the East and its emerging power utilities are prioritizing predictive maintenance and operational efficiency through cloud-based solutions. Geopolitical stability challenges in some areas contrast with strong government backing for energy projects elsewhere. Cybersecurity concerns are also influencing adoption, favoring secure, scalable EAM platforms. Saudi Arabia and UAE lead in advanced technology uptake, while South Africa and Nigeria are emerging EAM hotspots.
Top Countries Overview
US Global Energy Cloud Enterprise Asset Management market is expanding. Organizations seek enhanced visibility, lifecycle management, and predictive maintenance for critical infrastructure. Cloud based solutions offer scalability, reduced costs, and improved data analytics for optimizing asset performance and ensuring regulatory compliance across complex energy systems.
China's Global Energy Cloud Enterprise Asset Management market is expanding rapidly. Digitalization drives demand for robust solutions optimizing energy infrastructure. Local providers and international players compete to deliver scalable, secure platforms for asset performance, maintenance, and compliance across diverse energy sectors within this evolving landscape.
India's global energy cloud EAM market is expanding. Digitalization drives asset optimization across power grids and renewables. Cloud based solutions enhance efficiency predictive maintenance and operational visibility for utilities and enterprises. Growth is propelled by energy transition and technology adoption.
Impact of Geopolitical and Macroeconomic Factors
Geopolitical instability, particularly in resource rich nations, fuels demand for decentralized energy solutions and their robust management systems. The drive for energy independence, climate change mitigation efforts, and grid modernization initiatives across developed and emerging economies further accelerates adoption of enterprise asset management for diverse energy assets.
Macroeconomic shifts toward renewable energy and smart grids necessitate sophisticated asset tracking and predictive maintenance. Digitalization across industries, coupled with increased cybersecurity threats, positions cloud based solutions as critical for efficiency, resilience, and data security in the evolving global energy landscape, impacting investment and regulatory frameworks.
Recent Developments
- March 2025
ABB announced a strategic partnership with Microsoft to integrate its Ability platform with Microsoft Azure's cloud services, focusing on enhanced AI and machine learning capabilities for predictive maintenance. This collaboration aims to provide a more scalable and secure environment for energy asset data management and analytics.
- February 2025
Schneider Electric launched its new 'EcoStruxure Asset Advisor for Renewables' solution, specifically designed for managing wind and solar farm assets in the cloud. This product offers real-time performance monitoring, fault detection, and optimized maintenance scheduling, leveraging advanced analytics for improved operational efficiency.
- January 2025
GE Digital acquired 'EnerSense Analytics,' a startup specializing in AI-driven energy consumption optimization software for industrial assets. This acquisition strengthens GE Digital's portfolio in predictive analytics and intelligent asset management within the cloud, allowing for more precise energy usage forecasting and cost reduction.
- December 2024
SAP announced a major upgrade to its S/4HANA Cloud for Enterprise Asset Management, introducing new functionalities for managing distributed energy resources (DERs) and integrating with smart grid infrastructure. The update focuses on providing a unified platform for tracking, maintaining, and optimizing diverse energy assets, including battery storage and microgrids.
- April 2025
AVEVA entered into a technology partnership with ESRI to integrate geospatial intelligence directly into its PI System and Asset Performance Management (APM) offerings. This collaboration aims to provide a comprehensive visual and analytical platform for energy companies, allowing for better location-based asset monitoring and operational planning within the cloud.
Key Players Analysis
The Global Energy Cloud Enterprise Asset Management market is shaped by key players like ABB, Schneider Electric, and Siemens offering comprehensive EAM solutions often integrated with IoT and AI for predictive maintenance. SAP and Microsoft contribute cloud platforms and business intelligence tools crucial for data analysis. GE Digital and AVEVA specialize in operational technology and digital twin solutions for asset optimization. ESRI and Hexagon focus on geospatial information systems and advanced reality capture for site and asset management. Aspen Technology provides asset performance management software. These companies drive market growth through strategic acquisitions, cloud adoption, and AI powered analytics, enhancing asset reliability, operational efficiency, and sustainability across the energy sector.
List of Key Companies:
- ABB
- Schneider Electric
- SAP
- GE Digital
- AVEVA
- Siemens
- ESRI
- Hexagon
- Microsoft
- Aspen Technology
- Infor
- Oracle
- Bentley Systems
- IBM
- CGI
Report Scope and Segmentation
| Report Component | Description |
|---|---|
| Market Size (2025) | USD 3.8 Billion |
| Forecast Value (2035) | USD 11.5 Billion |
| CAGR (2026-2035) | 14.6% |
| Base Year | 2025 |
| Historical Period | 2020-2025 |
| Forecast Period | 2026-2035 |
| Segments Covered |
|
| Regional Analysis |
|
Table of Contents:
List of Figures
List of Tables
Table 1: Global Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by Type, 2020-2035
Table 2: Global Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by Deployment Model, 2020-2035
Table 3: Global Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 4: Global Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by End Use Sector, 2020-2035
Table 5: Global Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by Region, 2020-2035
Table 6: North America Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by Type, 2020-2035
Table 7: North America Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by Deployment Model, 2020-2035
Table 8: North America Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 9: North America Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by End Use Sector, 2020-2035
Table 10: North America Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by Country, 2020-2035
Table 11: Europe Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by Type, 2020-2035
Table 12: Europe Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by Deployment Model, 2020-2035
Table 13: Europe Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 14: Europe Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by End Use Sector, 2020-2035
Table 15: Europe Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035
Table 16: Asia Pacific Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by Type, 2020-2035
Table 17: Asia Pacific Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by Deployment Model, 2020-2035
Table 18: Asia Pacific Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 19: Asia Pacific Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by End Use Sector, 2020-2035
Table 20: Asia Pacific Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035
Table 21: Latin America Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by Type, 2020-2035
Table 22: Latin America Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by Deployment Model, 2020-2035
Table 23: Latin America Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 24: Latin America Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by End Use Sector, 2020-2035
Table 25: Latin America Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035
Table 26: Middle East & Africa Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by Type, 2020-2035
Table 27: Middle East & Africa Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by Deployment Model, 2020-2035
Table 28: Middle East & Africa Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 29: Middle East & Africa Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by End Use Sector, 2020-2035
Table 30: Middle East & Africa Energy Cloud Enterprise Asset Management Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035
