Utility Communication Market Size, Segments, and Trends by 2027
Utility Communication Market: Strategic Insights
Utility Communication Market
-
CAGR (2023 - 2031)5.4% -
Market Size 2023
US$ 21.16 Billion -
Market Size 2031
US$ 32.28 Billion
Market Dynamics
GROWTH DRIVERS
- Growing Need for Billing Process Modification Surged the Demand for Personalized Communication Networks
FUTURE TRENDS
- The evolution of the Industry 4.0 concept and the growing number of renewable energy projects
OPPORTUNITIES
- Development of Smart Grid Infrastructure
Key Players
- ABB Ltd
- FUJITSU LIMITED
- General Electric Company
- Honeywell International Inc
- OMICRON Electronics GmbH
- Rockwell Automation
- Inc
- Schneider Electric SE
- Siemens AG
- Tejas Networks
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Technology
- Wired
- Wireless
Utility Type
- Private Utility
- Public Utility