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Smart Grid Networking Market

Wednesday, March 1, 2017 11:21
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(Before It's News)

The report Smart Grid Networking Market by Hardware (Cables, Controllers, Routers, Smart Meter Com Module, Switches), by Software (Network Management: Performance, IP, Device, Security, Configuration), by Services, & by Regions – Global Forecast & Analysis (2014 – 2019)” defines and segments the global smart grid networking market into various sub segments with an in-depth analysis and forecasting of market sizes. The report also identifies the factors driving this market, various restraints, and opportunities impacting it along with the adoption trends.

Browse 93 market data tables and 72 figures spread through 174 pages and in-depth TOC on “Smart Grid Networking Market by Hardware (Cables, Controllers, Routers, Smart Meter Com Module, Switches), by Software (Network Management: Performance, IP, Device, Security, Configuration), by Services, & by Regions – Global Forecast & Analysis (2014 – 2019)” 
http://www.marketsandmarkets.com/Market-Reports/smart-grid-networking-market-16317324.html
Early buyers will receive 10% customization on reports.

Smart grid networking deployments by utility operators helps them to enable two-way communications between different components of electricity transmission and distribution grids. Smart grids networking solutions collects critical data, analyze the data, manage it and monitor the flow of data to keep check on the performance of computer networks. This in turn, helps the utility operator in decision making for an instance a well-managed grid utilization data helps in forecasting the expected electricity demand during peak hour from different end-users such as, residential, commercial and industrial. One of the major restraints faced by the players in this space is different regulatory frameworks imposed by different governments.

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MarketsandMarkets broadly segments the global smart grid networking market by region: North America (NA), Asia-Pacific (APAC), Europe, Middle East and Africa (MEA), and Latin America (LA); by hardware: cables, controllers, routers, smart meter communication modules, switches and others; by software: network performance monitoring management, IP address management, network traffic management, network device management, network configuration management, network security management and others; by services: consulting, network planning, design and integration, network risk and security assessment, network maintenance and support services and others.

MarketsandMarkets forecasts the global smart grid networking market to grow from $7.12 billion in 2014 to $11.61 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 10.3%. In terms of regions, NA is expected to be the biggest market in terms of market size, whereas MEA and LA are expected to experience increased market traction during the forecasted period.

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. 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.

M&M’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. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

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Mr. Rohan

Markets and Markets

UNIT no 802, Tower no. 7, SEZ

Magarpatta city, Hadapsar

Pune, Maharashtra 411013, India

1-888-600-6441

Email: [email protected]

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