(EnergyIndustry.Net, August 14, 2018 ) Smart Grid Networking market size to maintain the average annual growth rate of 10.27% from 1100 million $ in 2014 to 1475 million $ in 2017, Publisher analysts believe that in the next few years, Smart Grid Networking market size will be further expanded, we expect that by 2022, The market size of the Smart Grid Networking will reach 2415 million $. Smart grid networking offers a 2-way communications between various elements of a utility grid allowing quality network management by communications between the network elements to offer information from the various stages such as transmission, generation, and distribution.
Top Manufacturer Detail-
Abb, Cisco, Mitsubishi Electric, Fujitsu, General Electric, Huawei, Itron, Schneider Electric, Siemens Ag, Silver Spring Networks
On the basis hardware, the global smart grid networking market is mainly classified as controllers, cables, smart meter communication modules, routers, switches, and other hardware.
Based on software, the global market is bifurcated into IP address management, network performance monitoring management, network device management, network traffic management, network security management, network configuration management, and other software.