Smart Grid Networking Market by Hardware, Software & Services - 2018

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MarketsandMarkets Presents

• Smart Grid Networking Market worth 11.61 Billion
  by 2019

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• 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

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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-Re
ports/smart-grid-networking-market-16317324.htmlE
arly 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
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