Zpryme Report: Telecom and the Smart Grid
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Zpryme Report: Telecom and the Smart Grid


Janaury 20, 2012

Source: Zpryme

Currently, communication between utility companies and consumers is extremely limited, relying on consumers to notify utility companies of outages, and even requiring manual meter reading for billing purposes in some areas. Improved communication would allow automated monitoring of all systems and insure the highest possible efficiency, as well as allow customers to monitor energy consumption on a continuous basis. For the successful widespread adoption of the Smart Grid, establishing effective communications networks is paramount.

The total Smart Grid Communications market is slated to experience tremendous market growth with a projected CAGR of 17% through 2015. The total market size in 2015 is projected to reach almost $1.6 Billion. The market is divided between Wired (with a CAGR of 10%) and Wireless Communications (with a CAGR of 26%). Currently the market size of wired communications is larger but wireless communications will surpass it by 2015 and prove a larger market as more investments are made. 

Zpryme’s latest report presents an industry brief spotlighting the explosive growth of the U.S. telecom and smart grid communication market. Read this free industry report here: Telecom & the Smart Grid

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