TechNavio today launched its report, Smart Grid Communications Network Market in the US 2012-2016, based on an in-depth analysis exclusively focusing on the US. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Networking team said: ”One of the major trends is the increasing communication network services leasing. Several power utilities have entered into contracts for leasing the smart grid communications network services to various telecom companies, or to other service providers. This trend strongly prevails in the US, with approximately 20 percent of the power utilities leasing smart grid communications networks to third parties.”
According to the report, one of the main growth drivers is the increasing construction of large smart grids. The major difference between smart grids and traditional power grids is the ability of the smart grid to facilitate two-way communications, which are performed through the smart grid communication networks.
Further, the report reveals that one of the main challenges 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 https://www.technavio.com/content/smart-grid-communications-network-marke…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Networking market research, please visit https://www.technavio.com/networking
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TechNavio Announces the Publication of its Research Report – Smart Grid Communications Network Market in the US 2012-2016
