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Utility Communication Market Growth Trends And Future Prospects - Global Forecast To 2021

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) and Geography <br>Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=79991490 <br>

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Utility Communication Market Growth Trends And Future Prospects - Global Forecast To 2021

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  1. 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) www.MarketsandMarkets.com

  2. "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 : http://www.marketsandmarkets.com/pdfdownload.asp?id=79991490

  3. 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 T&D systems. Request for Customization : http://www.marketsandmarkets.com/requestCustomization.asp?id=79991490

  4. 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.

  5. 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 @ http://www.marketsandmarkets.com/requestsample.asp?id=79991490

  6. 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 @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=79991490

  7. Contact:Mr. Rohan MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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