TMCnet News
Global Smart Grid Networking Market 2015-2019 - Rise in Smart Grid Deployments with ABB, CISCO, Fujitsu, General Electric & Huawei DominatingDUBLIN, Feb. 25, 2015 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/k46vcw/global_smart_grid) has announced the addition of the "Global Smart Grid Networking Market 2015-2019" report to their offering. The Global Smart Grid Networking market to grow at a CAGR of 11.1% over the period 2014-2019 The need for better energy management is one of the key trends upcoming in this market. Many power utilities are in the process of achieving end-to-end solutions to manage their energy sources. Power utilities have tarted adopting various smart grid technologies and networking solutions to achieve the overall goal of creating an effective smart grid system. According to the report, increase in smart grid deployment is one of the key factors in this market's growth. There have been several large-scale projects undertaken by global companies for smart grid development. The emergence of smart grid technologies is expected to facilitate the growth of several technologies. Further, the report states that the Global Smart Grid Networking market has become highly fragmented and consists of many small and medium-sized vendors, which provide grid communication systems to utilities along with data analytics and networking solutions. Large corporations provide end-to-end solutions to utilities and support in building robust network architecture whereas small entities provide innovative networking solutions at reasonable costs, which makes the decision making process difficult. Key Vendors
Other Prominent Vendors
Key Topics Covered:
For more information visit http://www.researchandmarkets.com/research/k46vcw/global_smart_grid Media Contact: Laura Wood , +353-1-481-1716, [email protected] To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-smart-grid-networking-market-2015-2019---rise-in-smart-grid-deployments-with-abb-cisco-fujitsu-general-electric--huawei-dominating-300041242.html SOURCE Research and Markets |