Utility Communication Global Market Report 2024

Global Utility Communication Market Report 2024

Utility Communication Global Market Report 2024 – By Technology( Wired, Wireless ), By Utility( Public, Private ), By Components( Hardware, Software ), By Application( Transmission and Distribution, Oil and Gas ), By End-User( Residential, Commercial, Industrial) – Market Size, Trends, And Global Forecast 2024-2033

Name: Utility Communication Global Market Report 2024
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Utility Communication Global Market Report 2024

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Utility Communication Global Market Report 2024

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Utility Communication Market Definition

Utility communications are the processes involved in setting up two-way communications between the utility and end users across all networked data points that have been deployed. These networks improve transmission reliability and resilience by providing real-time situational information and controlling it.

The main types of technology used in utility communication are wired and wireless. Wired communications refer to data transfer between or among devices via a wired connection. Wired connections include ethernet and fiber-optic cables for transmitting electrical signals from one point to another. It is employed in public and private utilities. The major components involved are hardware and software. It is used in several applications, such as transmission and distribution, and oil and gas, used by various end-users, such as residential, commercial, and industrial.

Utility Communication Market Segmentation

The utility communication market covered in this report is segmented –

1) By Technology: Wired, Wireless

2) By Utility: Public, Private

3) By Components: Hardware, Software

4) By Application: Transmission and Distribution, Oil and Gas

5) By End-User: Residential, Commercial, Industrial

Global Utility Communication Market Size 2023 to 2028: Graph

Utility Communication Market Size 2024 And Growth Rate

The utility communication market size has grown strongly in recent years. It will grow from $20.91 billion in 2023 to $22.96 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be attributed to grid modernization initiatives, demand response programs, cybersecurity concerns, customer engagement programs, regulatory compliance requirements, globalization of utility operations.

Utility Communication Market Growth Forecast

The utility communication market size is expected to see rapid growth in the next few years. It will grow to $34.86 billion in 2028 at a compound annual growth rate (CAGR) of 11.0%. The growth in the forecast period can be attributed to increased interconnectivity, rise in distributed energy resources, smart city initiatives, focus on environmental sustainability, grid decentralization. Major trends in the forecast period include adoption of 5g technology, integration with iot devices, global collaboration on standards, artificial intelligence in grid management, data analytics for predictive maintenance.

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Utility Communication Market Driver: Utility Communication Market Soars With The Rising Demand For Smart Grids

Rising demand for smart grids is expected to propel the growth of the utility communication market going forward. A smart grid is an electrical grid integrated with automation, communication, and information technology systems that can monitor power flows from points of supply to consumption and regulate the power flow or limit the load in real-time to match the supply. The rising demand for operational efficiency has favored the demand for smart grids. Smart grids enable the use of distributed smart sensors, distributed power generation, real-time measurements and metering infrastructure, and monitoring systems to give real-time information about operations between utilities and consumers. For instance, in September 2022, according to statistical data published by the International Energy Agency (IEA), a France-based intergovernmental organization, the investment in electricity grids increased by 6% in 2021, with $292 billion invested in 2020 and $309 billion spent in 2021. Therefore, the rising demand for smart grids is driving the growth of the utility communication market.

Utility Communication Market Driver: Utility Communication's Vital Role In Managing And Enhancing Energy Consumption

Increase in the consumption of energy is expected to propel the growth of the utility communication market going forward. Energy consumption refers to the total amount of energy used over a specific period within a given system or by a particular entity. It is a measure of the quantity of energy consumed to perform various activities, power devices, or support processes. Utility communication plays a pivotal role in optimizing and managing energy consumption across diverse sectors. By facilitating real-time communication between utility providers and consumers, it enables efficient monitoring, control, and coordination of energy distribution. Smart grids, an integral component of utility communication, leverage advanced technologies to collect data on energy consumption patterns, identify areas of inefficiency, and enable timely responses to demand fluctuations. Consumers benefit from access to accurate information about their energy usage, allowing them to make informed decisions to reduce consumption during peak times or implement energy-saving measures. For instance, in 2022, Enerdata, a France-based independent research company that specializes in the analysis and forecasting of energy and climate issues published an article according to which final energy consumption is forecast to reach 107 Mtoe by 2030 and 165 to184 Mtoe by 2050 which has increased from 66 Mtoe in 2021, while primary energy consumption is expected to reach 155 Mtoe by 2030 and between 294 and 311 Mtoe by 2050. Therefore, an increase in the consumption of energy is driving the utility communication market.

Global Utility Communication Market Major Players

Major companies operating in the utility communication market report are Schneider Electric SE, Siemens Aktiengesellschaft, General Electric Company, DIGI International Inc., ZTE Corporation, Cisco Systems Inc., Black & Veatch Holding Company, Valiant Communications Limited, ABB Ltd., Omicron Electronics GmbH, Hitachi Energy Ltd., Motorola Solutions Inc., Milsoft Utility Solutions Inc., Honeywell International Inc., Rockwell Automation Inc., Texas Instruments Incorporated, Power Systems Engineering Inc., Fujitsu Limited, Xylem Inc., Itron Inc., Trilliant Holding Inc., Nokia Corporation, RAP Data Communications Ltd., SmartMark Communications LLC, Smarter Grid Solutions Ltd., Robert Bosch GmbH, LG Corporation, Mitsubishi Corporation, Emerson Electric Co., Yokogawa Electric Corporation, Inductive Automation LLC, AVEVA Group plc, Tatsoft LLC, Advantech Co. Ltd., Mitsubishi Electric Corporation

Global Utility Communication Market Trend: Technological Advancements Propel The Utility Communication Market

Technological advancements have emerged as key trends gaining popularity in the utility communication market. The market is witnessing the implementation of advanced technologies such as IoT (internet of things), Web 2.0, real-time monitoring, and two-way communications between utilities and consumers. Such advancements enable key players to gain a competitive edge in the market. For instance, in March 2021, Itron Inc., a US-based technology company that offers products and services on energy and water resource management, launched the eHZ-B Smart Meter, a residential smart meter for utilities. The smart meter is designed with advanced features to assist utilities in safely transitioning to a low-carbon, reliable, and affordable energy supply, as well as equip utilities to safely migrate to a smart and interconnected distribution network. It interacts with multi-vendor systems and uses transport layer security (TLS) encryption to connect with the Smart Meter Gateway (SMGw). eHZ-B protects digital transmission with built-in next-generation encryption while maintaining a continuous pulse on the electrical grid.

Global Utility Communication Market Trend: Sekisui Chemical's Strategic Partnership With Latys Intelligence For Advanced Wireless Networking Solutions

Major companies operating in utility communication market are into partnerships to strengthen their position in the market. A business strategic partnership refers to a structured affiliation between two or more commercial enterprises, typically established via one or more business agreements or contracts. For instance, in October 2023, Sekisui Chemical, a Japan-based plastics manufacturer partnered with LATYS Intelligence Inc. The collaboration aims to develop wireless networking solutions for WiFi, 5G, and 6G next-generation telecommunications field. LATYS Intelligence Inc.is a Canada-based wireless infrastructures company.

Utility Communication Market Merger And Acquisition: Motorola Solutions Acquires Barrett Communications To Strengthen Mission-Critical Communications Portfolio

In August 2022, Motorola Solutions, a US-based telecommunications equipment, software, and systems services provider, acquired Barrett Communications for an undisclosed amount. This acquisition expands Motorola Solutions' portfolio and increases its presence in international markets, reiterating its dedication to innovation and leadership in mission-critical communications. Barrett Communications is an Australia-based provider of tactical high-frequency, extremely high-frequency, and commercial high-frequency communications equipment.

Regional Outlook For The Global Utility Communication Market

Asia-Pacific was the largest region in the utility communication market share in 2023. The regions covered in the utility communication market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the utility communication market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The utility communication market consists of revenues earned by entities by providing distribution management, tele-protection, supervisory control and data acquisition (SCADA), energy management, outage management, smart metering, and substation automation. The market value includes the value of related goods sold by the service provider or included within the service offering. The utility communication market also includes sales of optical fiber, PLC (programmable logic controller) and ethernet that are used in providing utility communication services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The utility communication market research report is one of a series of new reports from The Business Research Company that provides utility communication market statistics, including utility communication industry global market size, regional shares, competitors with a utility communication market share, detailed utility communication market segments, market trends and opportunities, and any further data you may need to thrive in the utility communication industry. This utility communication market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Utility Communication Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$22.96 billion
Revenue Forecast In 2033	$34.86 billion
Growth Rate	CAGR of 11% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Technology: Wired, Wireless 2) By Utility: Public, Private 3) By Components: Hardware, Software 4) By Application: Transmission and Distribution, Oil and Gas 5) By End-User: Residential, Commercial, Industrial
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Schneider Electric SE; Siemens Aktiengesellschaft; General Electric Company; DIGI International Inc.; ZTE Corporation; Cisco Systems Inc.; Black & Veatch Holding Company; Valiant Communications Limited; ABB Ltd.; Omicron Electronics GmbH; Hitachi Energy Ltd.; Motorola Solutions Inc.; Milsoft Utility Solutions Inc.; Honeywell International Inc.; Rockwell Automation Inc.; Texas Instruments Incorporated; Power Systems Engineering Inc.; Fujitsu Limited; Xylem Inc.; Itron Inc.; Trilliant Holding Inc.; Nokia Corporation; RAP Data Communications Ltd.; SmartMark Communications LLC; Smarter Grid Solutions Ltd.; Robert Bosch GmbH; LG Corporation; Mitsubishi Corporation; Emerson Electric Co.; Yokogawa Electric Corporation; Inductive Automation LLC; AVEVA Group PLC; Tatsoft LLC; Advantech Co. Ltd.; Mitsubishi Electric Corporation
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Utility Communication Market Characteristics

3. Utility Communication Market Trends And Strategies

4. Utility Communication Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market

4.2. Ukraine-Russia War Impact On the Market

4.3. COVID-19 Impact On the Market

5. Global Utility Communication Market Size and Growth

5.1. Global Utility Communication Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Utility Communication Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Utility Communication Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Utility Communication Market Segmentation

6.1. Global Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Wired

Wireless

6.2. Global Utility Communication Market, Segmentation By Utility, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Public

Private

6.3. Global Utility Communication Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Hardware

Software

6.4. Global Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Transmission and Distribution

Oil and Gas

6.5. Global Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Residential

Commercial

Industrial

7. Utility Communication Market Regional And Country Analysis

7.1. Global Utility Communication Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Utility Communication Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Utility Communication Market

8.1. Asia-Pacific Utility Communication Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Utility Communication Market

9.1. China Utility Communication Market Overview

9.2. China Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Utility Communication Market

10.1. India Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Utility Communication Market

11.1. Japan Utility Communication Market Overview

11.2. Japan Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Utility Communication Market

12.1. Australia Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Utility Communication Market

13.1. Indonesia Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Utility Communication Market

14.1. South Korea Utility Communication Market Overview

14.2. South Korea Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Utility Communication Market

15.1. Western Europe Utility Communication Market Overview

15.2. Western Europe Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Utility Communication Market

16.1. UK Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Utility Communication Market

17.1. Germany Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Utility Communication Market

18.5. France Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.6. France Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.7. France Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Utility Communication Market

19.9. Italy Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.10. Italy Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.11. Italy Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Utility Communication Market

20.13. Spain Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.14. Spain Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.15. Spain Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Utility Communication Market

21.1. Eastern Europe Utility Communication Market Overview

21.2. Eastern Europe Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Utility Communication Market

22.1. Russia Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Utility Communication Market

23.1. North America Utility Communication Market Overview

23.2. North America Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Utility Communication Market

24.1. USA Utility Communication Market Overview

24.2. USA Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Utility Communication Market

25.1. Canada Utility Communication Market Overview

25.2. Canada Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Utility Communication Market

26.1. South America Utility Communication Market Overview

26.2. South America Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Utility Communication Market

27.1. Brazil Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Utility Communication Market

28.1. Middle East Utility Communication Market Overview

28.2. Middle East Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Utility Communication Market

29.1. Africa Utility Communication Market Overview

29.2. Africa Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Utility Communication Market Competitive Landscape And Company Profiles

30.1. Utility Communication Market Competitive Landscape

30.2. Utility Communication Market Company Profiles

30.2.1. Schneider Electric SE

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Siemens Aktiengesellschaft

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. General Electric Company

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. DIGI International Inc.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. ZTE Corporation

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Global Utility Communication Market Competitive Benchmarking

32. Global Utility Communication Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Utility Communication Market

34. Utility Communication Market Future Outlook and Potential Analysis

34.1 Utility Communication Market In 2028 - Countries Offering Most New Opportunities

34.2 Utility Communication Market In 2028 - Segments Offering Most New Opportunities

34.3 Utility Communication Market In 2028 - Growth Strategies

34.3.1 Market Trend Based Strategies

34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations

35.2. Currencies

35.3. Historic And Forecast Inflation Rates

35.4. Research Inquiries

35.5. The Business Research Company

35.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Utility Communication Market, Segmentation By Utility, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Utility Communication Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Utility Communication Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Global Utility Communication Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: Asia-Pacific, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: China, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: India, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Japan, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Australia, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: Indonesia, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: South Korea, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: Western Europe, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: UK, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: Germany, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: France, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Italy, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Spain, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Eastern Europe, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: Russia, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: North America, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: USA, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: Canada, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: South America, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Brazil, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Middle East, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 75: Africa, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 76: Schneider Electric SE Financial Performance

Table 77: Siemens Aktiengesellschaft Financial Performance

Table 78: General Electric Company Financial Performance

Table 79: DIGI International Inc. Financial Performance

Table 80: ZTE Corporation Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Utility Communication Market, Segmentation By Utility, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Utility Communication Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Utility Communication Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Global Utility Communication Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: Asia-Pacific, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: China, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: India, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Japan, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Australia, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: Indonesia, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: South Korea, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: Western Europe, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: UK, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: Germany, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: France, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Italy, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Spain, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Eastern Europe, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: Russia, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: North America, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: USA, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: Canada, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: South America, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Brazil, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Middle East, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Utility Communication Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Utility Communication Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 75: Africa, Utility Communication Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 76: Schneider Electric SE Financial Performance

Figure 77: Siemens Aktiengesellschaft Financial Performance

Figure 78: General Electric Company Financial Performance

Figure 79: DIGI International Inc. Financial Performance

Figure 80: ZTE Corporation Financial Performance

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Frequently Asked Questions

What is the definition of the utility communication market?

How will the utility communication market drivers and restraints affect the utility communication market dynamics? What forces will shape the utility communication industry going forward?

The utility communication market major growth driver - utility communication market soars with the rising demand for smart grids. For further insights on the utility communication market, request a sample here

What is the forecast market size or the forecast market value of the utility communication market ?

The utility communication market size has grown strongly in recent years. It will grow from $20.91 billion in 2023 to $22.96 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be attributed to grid modernization initiatives, demand response programs, cybersecurity concerns, customer engagement programs, regulatory compliance requirements, globalization of utility operations. The utility communication market size is expected to see rapid growth in the next few years. It will grow to $34.86 billion in 2028 at a compound annual growth rate (CAGR) of 11.0%. The growth in the forecast period can be attributed to increased interconnectivity, rise in distributed energy resources, smart city initiatives, focus on environmental sustainability, grid decentralization. Major trends in the forecast period include adoption of 5g technology, integration with iot devices, global collaboration on standards, artificial intelligence in grid management, data analytics for predictive maintenance. For further insights on the utility communication market, request a sample here

How is the utility communication market segmented?

The utility communication market is segmentedThe utility communication market covered in this report is segmented –
1) By Technology: Wired, Wireless
2) By Utility: Public, Private
3) By Components: Hardware, Software
4) By Application: Transmission and Distribution, Oil and Gas
5) By End-User: Residential, Commercial, IndustrialFor further insights on the utility communication market, request a sample here

Which region has the largest share of the utility communication market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the utility communication market share in 2023. The regions covered in the utility communication market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the utility communication market, request a sample here.

Who are the major players in the utility communication market?

What are the key trends in the utility communication market?

Major trend in the utility communication market - technological advancements propel the utility communication market. For further insights on the utility communication market, request a sample here.

What are the major opportunities in the utility communication market? What are the strategies for the utility communication market?

For detailed insights on the major opportunities and strategies in the utility communication market, request a sample here.

How does the utility communication market relate to the overall economy and other similar markets?

For detailed insights on utility communication market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the utility communication industry?

For detailed insights on the mergers and acquisitions in the utility communication industry, request a sample here.

What are the key dynamics influencing the utility communication market growth? SWOT analysis of the utility communication market.

For detailed insights on the key dynamics influencing the utility communication market growth and SWOT analysis of the utility communication industry, request a sample here.