TechNavio today launched its report Global Smart Grid Communications Market 2011-2015 based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Clean Tech team said: ”There has been a growing trend of leasing communication services to a third party. While some utilities have been building their own networks, others prefer not to take up the responsibility of running large communications networks. Thus, some utilities have leased network services to telecom companies or other service providers. Several major carriers operate wireless broadband networks in addition to fixed-line networks.”
According to the report, the emergence of the smart grid is facilitating the growth of several technologies, including those deployed in the Global Smart Grid Communications market. The Smart Grid sector includes smart grid applications such as smart energy meters, SCADA systems, IT, and other communication networks. The smart grid communication technology will hold a considerable share in the Smart Grid sector, which is witnessing a rapid growth. This is in turn promoting the growth of the Global Smart Grid Communications market.
Further, the report discusses that one of the major challenges confronting the market is the increased exposure to cyber-attacks.
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. For further information on this report, please visit http://goo.gl/m7X0c
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Clean Tech market research, please visit https://www.technavio.com/clean-technology
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