Friday, December 26, 2014

Smart Grid Networking Market by Software (Network Management) to 2019

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Smart grid networking deployments by utility operators helps them to enable two-way communications between different components of electricity transmission and distribution grids. Smart grids networking solutions collects critical data, analyze the data, manage it and monitor the flow of data to keep check on the performance of computer networks. This in turn, helps the utility operator in decision making for an instance a well-managed grid utilization data helps in forecasting the expected electricity demand during peak hour from different end-users such as, residential, commercial and industrial. One of the major restraints faced by the players in this space is different regulatory frameworks imposed by different governments.
MarketsandMarkets broadly segments the global smart grid networking market by region: North America (NA), Asia-Pacific (APAC), Europe, Middle East and Africa (MEA), and Latin America (LA); by hardware: cables, controllers, routers, smart meter communication modules, switches and others; by software: network performance monitoring management, IP address management, network traffic management, network device management, network configuration management, network security management and others; by services: consulting, network planning, design and integration, network risk and security assessment, network maintenance and support services and others.
MarketsandMarkets forecasts the global smart grid networking market to grow from $7.12 billion in 2014 to $11.61 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 10.3%.In terms of regions, NA is expected to be the biggest market in terms of market size, whereas MEA and LA are expected to experience increased market traction during the forecasted period.


Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Market Scope
2 Research Methodology
2.1 Market Size Estimation
2.2 Market Share Estimation
2.2.1 Key Data Points Taken From Secondary Sources
2.2.2 Key Data Points From Primary Sources
2.2.2.1 Key Industry Insights
2.2.3 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunities
4.2 Market, By Components
4.3 Market in North America Region
4.4 Market Potential
4.5 Life Cycle Analysis, By Geography
5 Market Overview
5.1 Introduction
5.2 Evolution
5.3 Market Segmentation
5.3.1 Market By Hardware
5.3.2 Market By Software
5.3.3 Market By Services
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Growing Peak Hours Demand of Electricity
5.4.1.2 Increasing Share of Renewable Energy in Electricity
5.4.1.3 Limitations in Capacity Expansion
5.4.1.4 Environmental Concerns
5.4.2 Restraints
5.4.2.1 Regulatory Framework
5.4.3 Opportunities
5.4.3.1 Advanced Control and Analysis
5.4.3.2 Transport Application
5.4.4 Challenges
5.4.4.1 High Cost
5.4.4.2 Cyber Security
6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Need for Smart Grid Networking
6.4 Smart Grid Networking Technologies
6.4.1 Introduction

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