Page 1

Utility Communication Market worth 15.45 Billion USD by 2021 The Global Utility Communication Market was valued at USD 6.53 Billion in 2015, and is expected to grow at a CAGR of 15.55%, from 2016 to 2021. Modification in billing practices in power utility companies, stringent regulatory requirements for power utilities, and increasing investments in smart grids are the major drivers that will trigger the utility communication market. View Complete Report at http://www.marketsandmarkets.com/Market-Reports/utility-communicationmarket-79991490.html The power line carrier (PLC) technology subsegment, within the wired technology segment, is expected to hold the largest share of the utility communication market, by technology, during the forecast period. The power line carrier (PLC) technology subsegment, within the wired technology segment, led the utility communication market in 2016, and is projected to dominate the market during the forecast period. The segment is expected to grow at the fastest rate during the forecast period. This segment is primarily driven by the increasing number of smart cities projects around the globe. This is expected to create new revenue pockets for the utility communication market during the forecast period. PLC is a communication technology that is capable of being used with the existing electrical infrastructure. This technology plays a critical role in modern communication networks as it transmits electrical data at a faster rate through T&D systems. The RF mesh technology subsegment, within the wireless technology segment, is expected to hold the largest share of the utility communication market, by technology, during the forecast period. The RF mesh technology subsegment, within the wireless technology segment, led the utility communication market in 2016, and is projected to dominate the market during the forecast period. The segment is expected to grow at the fastest rate during the forecast period. This segment is primarily driven by the modernization of ageing infrastructure in developed countries. The growing number of smart grid projects in developing economies, such as China, Japan, Australia, and India, is expected to create new revenue pockets for the utility communication market during the forecast period. Download PDF Brochure on http://www.marketsandmarkets.com/pdfdownload.asp?id=79991490 Asia-Pacific: The leading market for utility communication In this report, the utility communication market has been analyzed with respect to six regions, namely, North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific is expected to dominate the global utility communication market, given an increase in the number of smart grid and smart cities projects in countries such as Australia, India, China, Japan, and South Korea. Target Audience:


The target audience of this report includes: • • • • • • •

Government and industry associations Investment and consulting firms Power distribution utilities State and national regulatory authorities State- or government-owned corporations Utility communication equipment manufacturing companies Utility communication service providers

Inquiry Before Buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=79991490 Market Ecosystem: The utility communication ecosystem comprises power and automation technology companies such ABB, Ltd. (Switzerland), Schneider Electric (France), and Ericsson (Sweden), among others; industry and energy companies such as Motorola Solutions, Inc. (U.S.) and Black & Veatch Holding Company (U.S.), among others; manufacturing and engineering companies such as Siemens AG (Germany) and General Electric (U.S.), among others; developers, manufacturers, and marketers of network access companies such as RAD Data Communications, Ltd. (Israel), Oracle Corporation (U.S.), and Fujitsu (Japan), among others, who integrate the utility communication technologies and sell them to end-use utilities to cater to their unique requirements. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Contact: Mr. Rohan MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

Utility Communication Market Forecast to 2021– Key Players, Competitive Landscape and Regional Analy  

Utility Communication Market by Technology Type (Wireless (RF Mesh, Mobile Network), and Wired (Optic Fiber, Power Line Carrier, Ethernet)),...

Utility Communication Market Forecast to 2021– Key Players, Competitive Landscape and Regional Analy  

Utility Communication Market by Technology Type (Wireless (RF Mesh, Mobile Network), and Wired (Optic Fiber, Power Line Carrier, Ethernet)),...

Advertisement