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AI and Sustainable Practices Drive $219B Boom in Energy Management by 2034

AI and Sustainable Practices Drive $219B Boom in Energy Management by 2034

Bitget-RWA2025/11/20 21:10
By:Bitget-RWA

- Global EMS market to grow from $56B to $219.3B by 2034, driven by AI, smart grids, and energy costs, boosting sustainability and efficiency. - SoundHound AI’s $269M cash fuels $7.3B platform rollout, M&A, and AI expansion in enterprise and automotive sectors. - UiPath’s Agentic Automation gains 450 customers, enhancing automation, while C3.ai faces losses and CEO exit amid AI competition. - Financial shifts highlight sector volatility: Salesforce stake jumps 73.6%, while Citigroup faces sell-offs as AI i

The worldwide market for Energy Management Systems (EMS) is expected to grow significantly, rising from $56 billion in 2025 to $219.3 billion by 2034. This expansion is fueled by advancements in AI, the integration of smart grids, and increasing energy prices.

. This upward trend highlights a movement towards greater efficiency and sustainability, with government policies encouraging adoption through regulations and the use of blockchain for decentralized energy exchanges. At the same time, AI-powered solutions such as are utilizing strong financial positions to broaden their conversational AI offerings. The company , supporting the launch of its $7.3 platform, Vision AI, and Polaris, a multimodal foundational model. This financial strength also enables mergers and acquisitions, including the purchase of Interactions, which enhances its enterprise customer service capabilities.

Within the enterprise automation sector,

is regaining momentum through its Agentic Automation engine, which and achieved 1 million agent runs since its debut. The platform’s AI-driven processes are increasing contract values and customer retention, positioning the company to benefit from the trend toward autonomous digital workflows. Meanwhile, competitors such as C3.ai are encountering obstacles. The enterprise AI company after founder Thomas Siebel resigned as CEO due to health concerns, and the firm posted a net loss of $117 million in the most recent quarter. C3.ai’s difficulties illustrate the intense competition in the AI industry, where companies like Palantir and Salesforce are also competing for dominance.

Investors are paying close attention to institutional activity in technology equities. FUKOKU MUTUAL LIFE INSURANCE Co.

during the second quarter, now holding 6,799 shares valued at $1.85 million. In contrast, Citigroup experienced divestments, with Persistent Asset Partners Ltd. and Sanders Capital LLC and , respectively. These changes signal broader volatility in the sector, as firms like C3.ai and contend with fluctuating stock prices amid aggressive investments in AI.

The growth of the EMS sector is further propelled by Energy-as-a-Service (EaaS) offerings, which

. Likewise, SoundHound’s substantial cash reserves enable it to compete with C3.ai and Cerence in the automotive AI space, although Cerence’s established partnerships with OEMs remain a significant barrier . Despite these obstacles, the adoption of 5G, AI, and cloud technologies is opening new avenues for EMS providers to enhance energy management, while agentic AI platforms such as and SoundHound are transforming automation in the enterprise sector.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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