Cellular communications nodes for smart grids to surpass US$348 million in annual revenue by 2020

Boulder, Colorado, USA, March 20, 2014 (Business Wire) –  According to a recent report from Navigant Research, worldwide revenue from public cellular communications nodes for smart grid applications will grow from US$75.4 million annually in 2013 to US$348.3 million in 2018.

Utilities have a number of options for connecting endpoints, or nodes, on the power grid, including power line communications, fibre, or copper leased line networks, as well as wireless solutions, like cellular, Wi-Fi, microwave, and radio frequency mesh. In recent years, there has been an upsurge of interest in public cellular networks for smart grid communications.

 

“The ubiquitous network coverage and significantly improved reliability and security of public cellular networks make them an increasingly attractive option for smart grid communications,” says Richelle Elberg, Senior Research Analyst with Navigant Research. “More smart grid communications vendors are adopting cellular-based solutions, preferring to be technology agnostic rather than rely on just one or two communication platforms.”

 

While utilities in North America are expected to turn to cellular networks in increasing numbers, utilities in countries such as the United Kingdom and Japan will also drive the use of cellular in smart grids, according to the report. In August 2013, it was announced that Spanish mobile network operator Telefónica will provide communications infrastructure in the central and southern regions of the United Kingdom, where 50 million smart meters will be rolled out between 2013 and 2020. This deployment is expected to provide a big boost to the market for cellular communications for smart grids.

The report, Public Carrier Networks for Smart Grids, examines the global market opportunity for cellular smart grids. The report provides an analysis of the drivers, market challenges, and technology issues that will shape the market over the coming decade. Global market forecasts for public cellular communications nodes, segmented by application, region, and technology, extend through 2020. The report also profiles the key vendors, utilities, and carriers related to the cellular smart grid ecosystem. An Executive Summary of the report is available for free download on the Navigant Research website.

 

FEATURED IoT STORIES

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, iot home automation is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more
RECENT ARTICLES

Actility and Helium Network announce roaming integration to scale IoT coverage

Posted on: October 18, 2021

Actility, the provider of IoT connectivity solutions and LPWA technology, and Helium have launched a roaming integration partnership, unlocking affordable and ubiquitous coverage for millions of IoT devices.

Read more

Future of data integration: 2022 and beyond

Posted on: October 18, 2021

Traditional methods including manual creation of scripts, scrubbing the data, and later loading it into a data warehouse or ETL, (extract-transform-load) was used to integrate data from different sources. These methods were adopted in the era of resource constraints and have now become very time-intensive, expensive, and error-prone, says Yash Mehta, an IoT and big

Read more