Global Smart Grid Communications Market Report 2024

Smart Grid Communications Global Market Report 2024 – By Type (Wired, Wireless), By Solution (Wide Area Network (WAN), Home Area Network (HAN), Field Area Network (FAN)), By Application (Command And Control, Communications, Computers, Surveillance And Reconnaissance), By End-User (Media And Entertainment, Banking, Financial Services, And Insurance (BFSI), Healthcare, Transportation, Public Sector, Energy And Utilities, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

Smart Grid Communications Global Market Report 2024

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Smart Grid Communications Market Definition And Segments

Smart grid communications refer to the integrated communication networks and technologies that allow real-time, two-way communication between various components of the electrical grid, such as utility providers, consumers, and distributed energy sources. The goal of smart grid communications is to improve the electrical grid's efficiency, reliability, and resilience by providing improved monitoring, control, and optimization capabilities.

The main types of smart grid communications are wired and wireless. Wired refers to a communication or connection method that utilizes physical cables or wires to transmit data or signals. They provide several solutions, including wide area networks (WAN), home area networks (HAN), and field area networks (FAN), for various applications, such as command and control, communications, computers, and surveillance and reconnaissance. They are used by numerous end-users, including media and entertainment, banking, financial services, and insurance (BFSI), healthcare, transportation, the public sector, energy and utilities, and others.

The smart grid communications market covered in this report is segmented –

1) By Type: Wired, Wireless

2) By Solution: Wide Area Network (WAN), Home Area Network (HAN), Field Area Network (FAN)

3) By Application: Command And Control, Communications, Computers, Surveillance And Reconnaissance

4) By End-User: Media And Entertainment, Banking, Financial Services, And Insurance (BFSI), Healthcare, Transportation, Public Sector, Energy And Utilities, Other End Users

The smart grid communications market size has grown rapidly in recent years. It will grow from $11.50 billion in 2023 to $12.73 billion in 2024 at a compound annual growth rate (CAGR) of 10.6%. The growth in the historic period can be attributed to advancements in telecommunications, increasing demand for energy efficiency, regulatory mandates and standards, rising grid complexity and reliability concerns, technological innovations and cost reductions.

The smart grid communications market size is expected to see rapid growth in the next few years. It will grow to $19.21 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%. The growth in the forecast period can be attributed to increasing integration of renewable energy sources, growing emphasis on grid modernization initiatives, rising demand for real-time data analytics and grid optimization, expanding deployment of electric vehicles and energy storage systems, emerging cybersecurity threats and the need for robust communication infrastructure. Major trends in the forecast period include 5G integration, edge computing, interoperability standards, increased use of artificial intelligence (AI) and machine learning, enhanced cybersecurity measures.

Renewable Energy Demand Boosts The Smart Grid Communication Market Growth

The rise in demand for renewable energy is expected to propel the smart grid communications market going forward. Renewable energy refers to energy derived from naturally replenishing sources such as sunlight, wind, water, and geothermal heat, offering sustainable alternatives to conventional fossil fuels. Demand for renewable energy is increasing due to several factors, such as growing public awareness and support for renewable energy, environmental concerns, energy security, and corporate sustainability goals. Renewable energy systems rely heavily on smart grid communications to efficiently integrate into the current electricity grid, optimize operations, improve grid resilience, and assist in the transition to a more sustainable and reliable energy future. For instance, in December 2023, according to the Department of Energy Security and Net Zero, a UK-based government department, renewable electricity generation reached 30.1 TWh in the 3rd quarter of 2023, marking a 6.8% increase compared to the corresponding period in 2022. Therefore, the rise in demand for renewable energy is driving the growth of the smart grid communications market.

Major companies operating in the smart grid communications market are Verizon Communications Inc., Siemens AG, General Electric Company, International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Tantalus Systems Corp., Mitsubishi Electric Corporation, Schneider Electric SE, ABB Ltd., Fujitsu Ltd., Eaton Corporation PLC, TE Connectivity Ltd., Emerson Electric Co., Xylem Inc., Honeywell International Inc., Itron Inc., Landis+Gyr, QinetiQ Group PLC, S&C Electric Co., Trilliant Holdings Inc., Infrax Systems Inc., Cooper Electric, Tropos Networks, Silver Spring Networks

Launch Of A Next-Generation Powerline Communication Device For Smart Grid Integration In Electric Vehicle Charging Stations

Major companies operating in the smart grid communications market are focused on developing advanced products, such as powerline communication devices, to support expanding industry needs and drive their revenues in the market. Powerline communication devices refer to devices that use the existing electrical wiring to transmit data, voice, and video signals. For instance, in May 2022, Qualcomm Technologies Inc., a US-based developer of wireless telecommunication solutions, launched the QCA7006AQ, a next-generation powerline communication device designed to seamlessly integrate with smart grid communications, particularly in the context of electric vehicle (EV) charging stations. The QCA7006AQ supports vehicle-to-grid (V2G) systems and allows for optimal charging times while minimizing peak-load power generation and delivery. This coordination ensures efficient energy management and helps balance energy demand on the grid. Smart-grid charging applications supported by the CCS (Combined Charging System) standard allow customers to choose optimal charging periods and draw energy from their EVs as needed, thereby meeting the increased demand for EV charging while reducing peak load power generation and distribution requirements. The QCA7006AQ offers firmware that enables optional HomePlug AV support in addition to HomePlug GreenPHY, providing a 200 Mbps PHY rate and 95 Mbps UDP throughput over Ethernet.

Trilliant Holdings Inc. Collaborates With Samart Telcoms PLC To Advance Smart Grid Solutions

In May 2022, Trilliant Holdings Inc., a US-based company that provides smart grid and smart city solutions, partnered with Samart Telcoms PLC to deploy Advanced Metering Infrastructure (AMI) for the Provincial Electricity Authority of Thailand (PEA). This partnership aims to enhance the capabilities of utilities and cities in managing electricity generation, distribution, customer satisfaction, and profitability through next-generation solutions for smart grids. Samart Telcoms Group is a Thailand-based company that offers smart grid communications and advanced ICT (information and communications technology) solutions.

North America was the largest region in the smart grid communications market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart grid communications market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the smart grid communications market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The smart grid communications market includes revenues earned by entities by providing services such as data management and analytics, cybersecurity solutions, consulting, interoperability solutions and maintenance, and training. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The smart grid communications market research report is one of a series of new reports from The Business Research Company that provides smart grid communications market statistics, including smart grid communications industry global market size, regional shares, competitors with a smart grid communications market share, detailed smart grid communications market segments, market trends and opportunities, and any further data you may need to thrive in the smart grid communications industry. This smart grid communications market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Smart Grid Communications Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $12.73 billion
Revenue Forecast In 2033 $19.21 billion
Growth Rate CAGR of 10.8% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Wired, Wireless
2) By Solution: Wide Area Network (WAN), Home Area Network (HAN), Field Area Network (FAN)
3) By Application: Command And Control, Communications, Computers, Surveillance And Reconnaissance
4) By End-User: Media And Entertainment, Banking, Financial Services, And Insurance (BFSI), Healthcare, Transportation, Public Sector, Energy And Utilities, Other End Users
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Verizon Communications Inc; Siemens AG; General Electric Company; International Business Machines Corporation; Cisco Systems Inc; Oracle Corporation; Tantalus Systems Corp; Mitsubishi Electric Corporation; Schneider Electric SE; ABB Ltd; Fujitsu Ltd; Eaton Corporation PLC; TE Connectivity Ltd; Emerson Electric Co; Xylem Inc; Honeywell International Inc; Itron Inc; Landis+Gyr; QinetiQ Group PLC; S&C Electric Co; Trilliant Holdings Inc; Infrax Systems Inc; Cooper Electric; Tropos Networks; Silver Spring Networks
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Smart Grid Communications Market Characteristics

    3. Smart Grid Communications Market Trends And Strategies

    4. Smart Grid Communications Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Smart Grid Communications Market Size and Growth

    5.1. Global Smart Grid Communications Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Smart Grid Communications Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Smart Grid Communications Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Smart Grid Communications Market Segmentation

    6.1. Global Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Wired

    Wireless

    6.2. Global Smart Grid Communications Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Wide Area Network (WAN)

    Home Area Network (HAN)

    Field Area Network (FAN)

    6.3. Global Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Command And Control

    Communications

    Computers

    Surveillance And Reconnaissance

    6.4. Global Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Media And Entertainment

    Banking, Financial Services, And Insurance (BFSI)

    Healthcare

    Transportation

    Public Sector

    Energy And Utilities

    Other End Users

    7. Smart Grid Communications Market Regional And Country Analysis

    7.1. Global Smart Grid Communications Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Smart Grid Communications Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Smart Grid Communications Market

    8.1. Asia-Pacific Smart Grid Communications Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Smart Grid Communications Market

    9.1. China Smart Grid Communications Market Overview

    9.2. China Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Smart Grid Communications Market

    10.1. India Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Smart Grid Communications Market

    11.1. Japan Smart Grid Communications Market Overview

    11.2. Japan Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Smart Grid Communications Market

    12.1. Australia Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Smart Grid Communications Market

    13.1. Indonesia Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Smart Grid Communications Market

    14.1. South Korea Smart Grid Communications Market Overview

    14.2. South Korea Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Smart Grid Communications Market

    15.1. Western Europe Smart Grid Communications Market Overview

    15.2. Western Europe Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Smart Grid Communications Market

    16.1. UK Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Smart Grid Communications Market

    17.1. Germany Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Smart Grid Communications Market

    18.1. France Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Smart Grid Communications Market

    19.1. Italy Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Smart Grid Communications Market

    20.1. Spain Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Smart Grid Communications Market

    21.1. Eastern Europe Smart Grid Communications Market Overview

    21.2. Eastern Europe Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Smart Grid Communications Market

    22.1. Russia Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Smart Grid Communications Market

    23.1. North America Smart Grid Communications Market Overview

    23.2. North America Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Smart Grid Communications Market

    24.1. USA Smart Grid Communications Market Overview

    24.2. USA Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Smart Grid Communications Market

    25.1. Canada Smart Grid Communications Market Overview

    25.2. Canada Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Smart Grid Communications Market

    26.1. South America Smart Grid Communications Market Overview

    26.2. South America Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Smart Grid Communications Market

    27.1. Brazil Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Smart Grid Communications Market

    28.1. Middle East Smart Grid Communications Market Overview

    28.2. Middle East Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Smart Grid Communications Market

    29.1. Africa Smart Grid Communications Market Overview

    29.2. Africa Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Smart Grid Communications Market Competitive Landscape And Company Profiles

    30.1. Smart Grid Communications Market Competitive Landscape

    30.2. Smart Grid Communications Market Company Profiles

    30.2.1. Verizon Communications Inc.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Siemens AG

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. General Electric Company

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. International Business Machines Corporation

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Cisco Systems Inc.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Smart Grid Communications Market Other Major And Innovative Companies

    31.1. Oracle Corporation

    31.2. Tantalus Systems Corp.

    31.3. Mitsubishi Electric Corporation

    31.4. Schneider Electric SE

    31.5. ABB Ltd.

    31.6. Fujitsu Ltd.

    31.7. Eaton Corporation PLC

    31.8. TE Connectivity Ltd.

    31.9. Emerson Electric Co.

    31.10. Xylem Inc.

    31.11. Honeywell International Inc.

    31.12. Itron Inc.

    31.13. Landis+Gyr

    31.14. QinetiQ Group PLC

    31.15. S&C Electric Co.

    32. Global Smart Grid Communications Market Competitive Benchmarking

    33. Global Smart Grid Communications Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Smart Grid Communications Market

    35. Smart Grid Communications Market Future Outlook and Potential Analysis

    35.1 Smart Grid Communications Market In 2028 - Countries Offering Most New Opportunities

    35.2 Smart Grid Communications Market In 2028 - Segments Offering Most New Opportunities

    35.3 Smart Grid Communications Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Smart Grid Communications Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Smart Grid Communications Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Smart Grid Communications Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: Verizon Communications Inc. Financial Performance
  • Table 76: Siemens AG Financial Performance
  • Table 77: General Electric Company Financial Performance
  • Table 78: International Business Machines Corporation Financial Performance
  • Table 79: Cisco Systems Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Smart Grid Communications Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Smart Grid Communications Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Smart Grid Communications Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Smart Grid Communications Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Smart Grid Communications Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Smart Grid Communications Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: Verizon Communications Inc. Financial Performance
  • Figure 76: Siemens AG Financial Performance
  • Figure 77: General Electric Company Financial Performance
  • Figure 78: International Business Machines Corporation Financial Performance
  • Figure 79: Cisco Systems Inc. Financial Performance
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Frequently Asked Questions

What is the definition of the smart grid communications market?

Smart grid communications refer to the integrated communication networks and technologies that allow real-time, two-way communication between various components of the electrical grid, such as utility providers, consumers, and distributed energy sources. The goal of smart grid communications is to improve the electrical grid's efficiency, reliability, and resilience by providing improved monitoring, control, and optimization capabilities. For further insights on the smart grid communications market, request a sample here

How will the smart grid communications market drivers and restraints affect the smart grid communications market dynamics? What forces will shape the smart grid communications industry going forward?

The smart grid communications market major growth driver - Renewable Energy Demand Boosts The Smart Grid Communication Market Growth. For further insights on the smart grid communications market, request a sample here

What is the forecast market size or the forecast market value of the smart grid communications market?

The smart grid communications market size has grown rapidly in recent years. It will grow from $11.50 billion in 2023 to $12.73 billion in 2024 at a compound annual growth rate (CAGR) of 10.6%. The growth in the historic period can be attributed to advancements in telecommunications, increasing demand for energy efficiency, regulatory mandates and standards, rising grid complexity and reliability concerns, technological innovations and cost reductions. The smart grid communications market size is expected to see rapid growth in the next few years. It will grow to $19.21 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%. The growth in the forecast period can be attributed to increasing integration of renewable energy sources, growing emphasis on grid modernization initiatives, rising demand for real-time data analytics and grid optimization, expanding deployment of electric vehicles and energy storage systems, emerging cybersecurity threats and the need for robust communication infrastructure. Major trends in the forecast period include 5G integration, edge computing, interoperability standards, increased use of artificial intelligence (AI) and machine learning, enhanced cybersecurity measures. For further insights on the smart grid communications market, request a sample here

How is the smart grid communications market segmented?

The smart grid communications market is segmented
1) By Type: Wired, Wireless
2) By Solution: Wide Area Network (WAN), Home Area Network (HAN), Field Area Network (FAN)
3) By Application: Command And Control, Communications, Computers, Surveillance And Reconnaissance
4) By End-User: Media And Entertainment, Banking, Financial Services, And Insurance (BFSI), Healthcare, Transportation, Public Sector, Energy And Utilities, Other End UsersFor further insights on the smart grid communications market, request a sample here

Which region has the largest share of the smart grid communications market? What are the other regions covered in the report?

North America was the largest region in the smart grid communications market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart grid communications market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on the smart grid communications market, request a sample here.

Who are the major players in the smart grid communications market?

Major companies operating in the smart grid communications market are Verizon Communications Inc., Siemens AG, General Electric Company, International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Tantalus Systems Corp., Mitsubishi Electric Corporation, Schneider Electric SE, ABB Ltd., Fujitsu Ltd., Eaton Corporation PLC, TE Connectivity Ltd., Emerson Electric Co., Xylem Inc., Honeywell International Inc., Itron Inc., Landis+Gyr, QinetiQ Group PLC, S&C Electric Co., Trilliant Holdings Inc., Infrax Systems Inc., Cooper Electric, Tropos Networks, Silver Spring Networks For further insights on the smart grid communications market, request a sample here.

What are the key trends in the smart grid communications market?

Major trend in the smart grid communications market - Launch Of A Next-Generation Powerline Communication Device For Smart Grid Integration In Electric Vehicle Charging Stations. For further insights on the smart grid communications market, request a sample here.

What are the major opportunities in the smart grid communications market? What are the strategies for the smart grid communications market?

For detailed insights on the major opportunities and strategies in the smart grid communications market, request a sample here.

How does the smart grid communications market relate to the overall economy and other similar markets?

For detailed insights on smart grid communications market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the smart grid communications industry?

For detailed insights on the mergers and acquisitions in the smart grid communications industry, request a sample here.

What are the key dynamics influencing the smart grid communications market growth? SWOT analysis of the smart grid communications market.

For detailed insights on the key dynamics influencing the smart grid communications market growth and SWOT analysis of the smart grid communications industry, request a sample here.