Global Smart Grid Networking Market

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Smart Grid Networking Market Size By Hardware
Market Forecast 2016-2024
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Smart Grid Networking Market Size By Hardware
Market Forecast 2016-2024
 

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Global Smart Grid Networking Market  Market
Overview In todays scenario of Internet of
things-driven economy, smart grid networking is a
fit right into it. Creating smart cities,
electric vehicles and other developments require
not only continuous supply of electricity but
also collecting data about utility usages across
the city/country and supplying it efficiently.
Smart grids are the solution to cater these
developments in a modern economy. Goldstein
Research analyst forecasts the smart grid
networking market size is set to reach USD 16.4
billion by 2024, registering a CAGR of 9.8 over
the forecast period. Covered In This Global
Smart grid networking Market Report The report
covers the present ground scenario and the future
growth prospects of the smart grid networking
market for 2016-2024 along with the statistics of
the deployment and development of smart grid
technology, equipment and services. We calculated
the market size and revenue share on the basis of
revenue generated from major players and sales of
smart grid networking from major players across
the globe. Browse Full Report _at_
https//www.goldsteinresearch.com/report/global-sm
art-grid-networking-market-outlook-2016-2024
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Smart Grid Networking Market Size By Hardware
Market Forecast 2016-2024

• Global Smart Grid Networking Market Segmentation
• By Hardware
• Cables
• Controllers
• Router
• Switches
• Smart meter communication modules
• Other hardware
• By Software
• Network performance monitoring management
• IP Address
• Network traffic management
• Network device management
• Network configuration management
• Network security management
• By Services

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Smart Grid Networking Market Size By Hardware
Market Forecast 2016-2024

• Based on Geography
• North America (U.S. Canada) Smart grid
  networking Market
• Latin America (Brazil, Mexico, Argentina Rest
  of Latin America) Smart grid networking Market
• Europe (The U.K., Germany, France, Italy, Spain,
  Poland, Sweden RoE) Smart grid networking
  Market
• Asia-Pacific (China, India, Japan, Singapore,
  South Korea, Australia, New Zealand, Rest of
  Asia) Smart grid networking Market
• Middle East Africa (GCC, South Africa, North
  Africa, RoMEA) Smart grid networking Market
• On the basis of market segmentation, hardware of
  smart grid networking is expected to reach USD
  4.8 billion. Smart meter communication module, is
  in the ever increasing demand which will rise
  from current 29 market penetration in 2016 to
  48 till 2024, as it collects real time energy
  consumption information and helps in monitoring
  and supplying the energy efficiently
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  ng-market-outlook-2016-2024
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Smart Grid Networking Market Size By Hardware
Market Forecast 2016-2024

Trends, Drivers and Challenges According to our
global market study on the basis of extensive
primary and secondary research  The current
trend is different regions are choosing their own
strategies and priorities for adopting the smart
grid technologies for the development of their
economy. There is wide area monitoring and
control, use of ICT technology, integrating
renewable energy resources, transmission
enhancements, and development of advance metering
infrastructure. There is use of IEC 61850 over
the distributed network protocol (DNP3) to
simplify the exchange of data between the two
communicating ends. There is need for risk
management of smart grid cyber security. Cyber
hacking of smart grid networking can lead to shut
down of power being used in critical defense
mechanisms or the pattern of using energy in
sensitive operations can be monitored and tracked
down.  In Europe in October, 2016 in eastern
Finland, resident of two apartment buildings were
left in the cold for about a week, as the
computers controlling heat and warm water system
were attacked and disabled.
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Smart Grid Networking Market Size By Hardware
Market Forecast 2016-2024

Global Market Analysis On the basis of
geographical region, the North America has
highest growth in the smart grid networking with
spending USD 7 billion in 2016, with Mexico and
Canada at 1st and 2nd position respectively in
the overall smart grid ranking, followed by UK,
India and Australia. But Asia-Pacific total
spending on smart grid market is USD 81 billion
in 2016. In Asia-Pacific, over the recent past
countries such as Japan, Australia, and South
Korea have shown considerable strides in their
efforts to smarten their utility network
systems. Key Players Our global smart grid
networking Market report comprises of the
following companies as the key players Cisco,
ABB, Fujitsu, Mitsubishi Electric, Huawei, GE,
Siemens AG, Schneider Electric. Other high-flying
vendors in the market are Itron, SEL, Silver
Spring, Ohoku Electric Power Co., TEPCO, Hokuriku
Electric Power Co., Kyushu Electric Power Co. The
study was conducted using an objective
combination of primary and secondary information
including inputs from key participants in the
industry. The report contains a comprehensive
market and vendor landscape in addition to a SWOT
analysis of the key vendors.
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Smart Grid Networking Market Size By Hardware
Market Forecast 2016-2024
About Goldstein Research Based in U.S., Goldstein
Research is a young business consulting company
and market research firm with vast reach across
America, Asia and parts of Europe and the Middle
East. In the next five years, we strive to
expand our reach to 50 nations spanning across
Europe, Asia and parts of the Middle East and
Africa. We strive to realize a strong brand
presence globally through our industry analysis
reports in various field. With 30 domain
experts and 50 employees working day and night
to crunch numbers and bring out the best and
detailed market reports and forecasts, we strive
to enable you to foresee upcoming market
challenges and develop a robust business model
and strategies, which would add to your
profitability and market visibility as a
brand. Our mission is simple to develop
insightful business solutions, help our clients
make powerful future decisions to keep them well
ahead of the game which is the market, and leave
a mark across businesses and communities through
our well-defined ideas and clear cut forecasts.
Our mission is simple to develop insightful
business solutions, help our clients make
powerful future decisions to keep them well ahead
of the game which is the market, and leave a mark
across businesses and communities through our
well-defined ideas and clear cut forecasts.
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Smart Grid Networking Market Size By Hardware
Market Forecast 2016-2024
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Smart Grid Networking Market Size By Hardware
Market Forecast 2016-2024
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