The report "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 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.
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.

Download PDF Brochure on http://www.marketsandmarkets.com/pdfdownload.asp?id=79991490

Objectives of the Study
• To define, describe, and forecast the global utility communication market by technology type, power utility type, and region
• To provide detailed information regarding the major factors influencing the growth of the utility communication market (drivers, restraints, opportunities, and industry-specific challenges related to the market)
• To strategically analyze the utility communication market with respect to individual growth trends, future prospects, and contribution of each segment to the market
• To analyze opportunities in the market for stakeholders and provide details of a competitive landscape for market leaders
• To forecast the market size of segments with respect to the five major regions (along with countries), namely, North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa
• To strategically profile key players and comprehensively analyze their market shares and core competencies for the utility communication market
• To analyze competitive developments such as contracts & agreements, mergers & acquisitions, new product developments, and expansions in the utility communication market
Key Player Analysis:
The utility communication ecosystem comprises power and automation technology companies such ABB, Ltd. (Switzerland), Schneider Electric (France), and Ericsson (Sweden), among others; industry and energy companies such as Motorola Solutions, Inc. (U.S.) and Black & Veatch Holding Company (U.S.), among others; manufacturing and engineering companies such as Siemens AG (Germany) and General Electric (U.S.), among others; developers, manufacturers, and marketers of network access companies such as RAD Data Communications, Ltd. (Israel), Oracle Corporation (U.S.), and Fujitsu (Japan), among others, who integrate the utility communication technologies and sell them to end-use utilities to cater to their unique requirements.

Request for Customization: http://www.marketsandmarkets.com/requestCustomization.asp?id=79991490

Scope of the report
This study estimates the global market for utility communication, in terms of USD, till 2021. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of major market drivers, restraints, opportunities, challenges, winning imperatives, and key issues. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the utility communication market.

Inquiry Before Buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=79991490

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
1-888-600-6441
Email: [email protected]