Global Utility Communication Market Growth (Status and Outlook) 2023-2029

Global Utility Communication Market Growth (Status and Outlook) 2023-2029

The Utility Communication is increasing, this growth is attributed to modification in billing practices by power utility companies, stringent regulatory requirements for power utilities, and increasing investments in smart grids.

LPI (LP Information)' newest research report, the “Utility Communication Industry Forecast” looks at past sales and reviews total world Utility Communication sales in 2022, providing a comprehensive analysis by region and market sector of projected Utility Communication sales for 2023 through 2029. With Utility Communication sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Utility Communication industry.

This Insight Report provides a comprehensive analysis of the global Utility Communication landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Utility Communication portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Utility Communication market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Utility Communication and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Utility Communication.

The global Utility Communication market size is projected to grow from US$ 9991.9 million in 2022 to US$ 18420 million in 2029; it is expected to grow at a CAGR of 9.1% from 2023 to 2029.

United States market for Utility Communication is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Utility Communication is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Utility Communication is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Utility Communication players cover ABB, Schneider Electric, General Electric, Siemens, Motorola Solutions, Ericsson, Fujitsu, Landisgyr and Black & Veatch, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Utility Communication market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Wired
Wireless

Segmentation by application
Public Utilities
Private Utilities

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB
Schneider Electric
General Electric
Siemens
Motorola Solutions
Ericsson
Fujitsu
Landisgyr
Black & Veatch
Rad Data
Digi
Trilliant
Comnet
Netcontrol
Omicron
Xylem Inc
Milsoft
Itron
Cisco
TI
Valiant Communications
ZTE
OSI
Power System

Please note: The report will take approximately 2 business days to prepare and deliver.