Utility Communication Market Overview, Trends and Global Forecasts to 2021

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Utility Communication Market by Technology Type
(Wireless (RF Mesh, Mobile Network), and Wired
(Optic Fiber, Power Line Carrier, Ethernet)),
Utility Type, and Oilfield Communications
(Network Type)
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"Utility Communication Market by Technology Type
(Wireless (RF Mesh, Mobile Network), and Wired
(Power Line Carrier, Optic Fiber, Ethernet),
Utility Type, and Oilfield Communications
(Network Type) - Global Forecast to 2021" is
expected to grow from an estimated USD 7.50
billion in 2016 to USD 15.45 Billion by 2021,
registering a CAGR of 15.55, from 2016 to 2021.
The global market is set to witness significant
growth due to the increasing use of smart grids
and mobile devices, modification in billing
practices in power utility companies, and
stringent regulatory PDF Brochure
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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 TD systems. Request for Customization
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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.
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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. To enable an in-depth understanding of
the competitive landscape, the report includes
profiles of some of the top players in the
utility communication market. These players
include ABB, Ltd. (Switzerland), Siemens AG
(Germany), Schneider Electric (France), General
Electric (U.S.), and Ericsson (Sweden). The
leading players are trying to penetrate the
markets in developing economies, and are adopting
various strategies to increase their market
share. Request Sample _at_ http//www.marketsandmark
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• Target Audience
• 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
• Speak to analyst _at_ http//www.marketsandmarkets.co
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