Utility Communication Market Share, Size, Trends, Industry Analysis Report, By Technology (Wired and Wireless); By Utility; By Application; By End-User; By Region; Segment Forecast, 2023 - 2032

Utility Communication Market Share, Size, Trends, Industry Analysis Report, By Technology (Wired and Wireless); By Utility; By Application; By End-User; By Region; Segment Forecast, 2023 - 2032



The global utility communication market size is expected to reach USD 50.50 billion by 2032, according to a new study by Polaris Market Research. The report “Utility Communication Market Share, Size, Trends, Industry Analysis Report, By Technology (Wires and Wireless); By Utility; By Application; By End-User; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The exponential growth of the digital revolution and rapid increase in the usage of various digital devices and social networks across the globe, that has not only led the innovation of products including utility communication but also influencing the implementation of these products into their infrastructure, are among the major factors escalating the global market growth and demand.

Furthermore, major developing nations like China and India have wind-based solar power generation and are heavily investing in infrastructure and modification of nations aging power infrastructure, thereby creating huge growth opportunities for the global market.

For instance, in May 2022, Ericsson, established “Global Utilities Innovation Center” at its, Texas facility. The new facility will allow and enable utilities in collaboration with the Ericsson and its partners to tackle & solve real-time world connectivity challenges. This center is a state-of-the-art facility to work closely with the utility companies.

Recently, various large utilities that have significantly invested in digitalization and adding outage management systems as a part of overall communication development, as these software tools allow personnel to access the data of a connected network to determine when and where outage have occurred with accuracy. The communication tools integrated in OMS allow offices to connect with lineman and many other field personnel while dealing with the field team to tackle problems and sending information directly form the centralized network.

Utility Communication Market Report Highlights

Wired segment accounted largest market share in 2022, owing to several beneficial features such as faster data transfer and less interference

Public utilities segment held the significant market revenue share, which is highly attributable to the increasing number of favorable government initiatives and privileges

Transmission & distribution segment is likely to grow at a high CAGR over the projected period on account on increasing replacement of existing power infrastructure from innovative solutions

Commercial segment dominated the global market in 2022, which is mainly driven by rapid growth in the infrastructure development and high adoption of less energy consumable solutions

Asia Pacific region is likely to emerge as fastest growing region and expand at considerable growth rate, due to rising deployment of real-time monitoring and efficient monitor consumption solutions in the region

The global key market players include Hitachi Energy Ltd., Ribbon Communications Operating Company, Motorola Solutions Inc., Siemens Electric, and Valiant Communications.

Polaris Market Research has segmented the utility communication market report based on technology, utility, application, end-user, and region:

Utility Communication, Technology Outlook (Revenue - USD Billion, 2019 - 2032)

Wired

Wireless

Utility Communication, Utility Outlook (Revenue - USD Billion, 2019 - 2032)

Public

Private

Utility Communication, Application Outlook (Revenue - USD Billion, 2019 - 2032)

Transmission & Distribution

Oil & Gas Utilities

Others

Utility Communication, Application Outlook (Revenue - USD Billion, 2019 - 2032)

Residential

Commercial

Industrial

Utility Communication, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa


1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Global Utility Communication Market Insights
4.1. Utility Communication – Industry Snapshot
4.2. Utility Communication Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Rise in the number of smart city projects
4.2.1.2. Rising trend of digitalizing oilfields
4.2.2. Restraints and Challenges
4.2.2.1. High cost
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTLE Analysis
4.5. Utility Communication Industry Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Utility Communication Market, by Technology
5.1. Key Findings
5.2. Introduction
5.2.1. Global Utility Communication Market, by Technology, 2019-2032 (USD Billion)
5.3. Wired
5.3.1. Global Utility Communication Market, by Wired, by Region, 2019-2032 (USD Billion)
5.4. Wireless
5.4.1. Global Utility Communication Market, by Wireless, by Region, 2019-2032 (USD Billion)
6. Global Utility Communication Market, by Application
6.1. Key Findings
6.2. Introduction
6.2.1. Global Utility Communication Market, by Application, 2019-2032 (USD Billion)
6.3. Transmission & Distribution
6.3.1. Global Utility Communication Market, by Transmission & Distribution, by Region, 2019-2032 (USD Billion)
6.4. Oil & Gas Utilities
6.4.1. Global Utility Communication Market, by Oil & Gas Utilities, by Region, 2019-2032 (USD Billion)
6.5. Others
6.5.1. Global Utility Communication Market, by Others, by Region, 2019-2032 (USD Billion)
7. Global Utility Communication Market, by End-User
7.1. Key Findings
7.2. Introduction
7.2.1. Global Utility Communication Market, by End-User, 2019-2032 (USD Billion)
7.3. Residential
7.3.1. Global Utility Communication Market, by Residential, by Region, 2019-2032 (USD Billion)
7.4. Commercial
7.4.1. Global Utility Communication Market, by Commercial, by Region, 2019-2032 (USD Billion)
7.5. Industrial
7.5.1. Global Utility Communication Market, by Industrial, by Region, 2019-2032 (USD Billion)
8. Global Utility Communication Market, by Utility
8.1. Key Findings
8.2. Introduction
8.2.1. Global Utility Communication Market, by Utility, 2019-2032 (USD Billion)
8.3. Public
8.3.1. Global Utility Communication Market, by Public, by Region, 2019-2032 (USD Billion)
8.4. Private
8.4.1. Global Utility Communication Market, by Private, by Region, 2019-2032 (USD Billion)
9. Global Utility Communication Market, by Geography
9.1. Key findings
9.2. Introduction
9.2.1. Utility Communication Market Assessment, By Geography, 2019-2032 (USD Billion)
9.3. Utility Communication Market – North America
9.3.1. North America: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.3.2. North America: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.3.3. North America: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.3.4. North America: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
9.3.5. Utility Communication Market – U.S.
9.3.5.1. U.S.: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.3.5.2. U.S.: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.3.5.3. U.S.: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.3.5.4. U.S.: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
9.3.6. Utility Communication Market – Canada
9.3.6.1. Canada: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.3.6.2. Canada: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.3.6.3. Canada: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.3.6.4. Canada: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
9.4. Utility Communication Market – Europe
9.4.1. Europe: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.4.2. Europe: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.4.3. Europe: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.4.4. Europe: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
9.4.5. Utility Communication Market – UK
9.4.5.1. UK: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.4.5.2. UK: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.4.5.3. UK: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.4.5.4. UK: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
9.4.6. Utility Communication Market – France
9.4.6.1. France: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.4.6.2. France: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.4.6.3. France: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.4.6.4. France: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
9.4.7. Utility Communication Market – Germany
9.4.7.1. Germany: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.4.7.2. Germany: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.4.7.3. Germany: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.4.7.4. Germany: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
9.4.8. Utility Communication Market – Italy
9.4.8.1. Italy: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.4.8.2. Italy: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.4.8.3. Italy: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.4.8.4. Italy: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
9.4.9. Utility Communication Market – Spain
9.4.9.1. Spain: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.4.9.2. Spain: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.4.9.3. Spain: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.4.9.4. Spain: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
9.4.10. Utility Communication Market – Netherlands
9.4.10.1. Netherlands: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.4.10.2. Netherlands: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.4.10.3. Netherlands: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.4.10.4. Netherlands: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
9.4.11. Utility Communication Market – Russia
9.4.11.1. Russia: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.4.11.2. Russia.: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.4.11.3. Russia: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.4.11.4. Russia: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
9.5. Utility Communication Market – Asia Pacific
9.5.1. Asia Pacific: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.5.2. Asia Pacific: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.5.3. Asia Pacific: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.5.4. Asia Pacific: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
9.5.5. Utility Communication Market – China
9.5.5.1. China: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.5.5.2. China.: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.5.5.3. China: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.5.5.4. China: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
9.5.6. Utility Communication Market – India
9.5.6.1. India: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.5.6.2. India.: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.5.6.3. India: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.5.6.4. India: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
9.5.7. Utility Communication Market – Japan
9.5.7.1. Japan: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.5.7.2. Japan.: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.5.7.3. Japan: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.5.7.4. Japan: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
9.5.8. Utility Communication Market – Malaysia
9.5.8.1. Malaysia: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.5.8.2. Malaysia.: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.5.8.3. Malaysia: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.5.8.4. Malaysia: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
9.5.9. Utility Communication Market – Indonesia
9.5.9.1. Indonesia: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.5.9.2. Indonesia.: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.5.9.3. Indonesia: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.5.9.4. Indonesia: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
9.5.10. Utility Communication Market – South Korea
9.5.10.1. South Korea: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.5.10.2. South Korea.: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.5.10.3. South Korea: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.5.10.4. South Korea: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
9.6. Utility Communication Market – Middle East & Africa
9.6.1. Middle East & Africa: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.6.2. Middle East & Africa: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.6.3. Middle East & Africa: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.6.4. Middle East & Africa: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
9.6.5. Utility Communication Market – Saudi Arabia
9.6.5.1. Saudi Arabia: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.6.5.2. Saudi Arabia: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.6.5.3. Saudi Arabia: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.6.5.4. Saudi Arabia: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
9.6.6. Utility Communication Market – South Africa
9.6.6.1. South Africa: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.6.6.2. South Africa: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.6.6.3. South Africa: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.6.6.4. South Africa: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
9.6.7. Utility Communication Market – Israel
9.6.7.1. Israel: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.6.7.2. Israel: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.6.7.3. Israel: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.6.7.4. Israel: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
9.6.8. Utility Communication Market – UAE
9.6.8.1. UAE: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.6.8.2. UAE: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.6.8.3. UAE: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.6.8.4. UAE: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
9.7. Utility Communication Market – Latin America
9.7.1. Latin America: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.7.2. Latin America: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.7.3. Latin America: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.7.4. Latin America: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
9.7.5. Utility Communication Market – Mexico
9.7.5.1. Mexico: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.7.5.2. Mexico: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.7.5.3. Mexico: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.7.5.4. Mexico: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
9.7.6. Utility Communication Market – Brazil
9.7.6.1. Brazil: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.7.6.2. Brazil: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.7.6.3. Brazil: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.7.6.4. Brazil: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
9.7.7. Utility Communication Market – Argentina
9.7.7.1. Argentina: Utility Communication Market, by Technology, 2019-2032 (USD Billion)
9.7.7.2. Argentina: Utility Communication Market, by Utility, 2019-2032 (USD Billion)
9.7.7.3. Argentina: Utility Communication Market, by Application, 2019-2032 (USD Billion)
9.7.7.4. Argentina: Utility Communication Market, by End-User, 2019-2032 (USD Billion)
10. Competitive Landscape
10.1. Expansion and Acquisition Analysis
10.1.1. Expansion
10.1.2. Acquisitions
10.2. Partnerships/Collaborations/Agreements/Exhibitions
11. Company Profiles
11.1. Hitachi Energy Ltd
11.1.1. Company Overview
11.1.2. Financial Performance
11.1.3. Product Benchmarking
11.1.4. Recent Development
11.2. Schneider Electric
11.2.1. Company Overview
11.2.2. Financial Performance
11.2.3. Product Benchmarking
11.2.4. Recent Development
11.3. Siemens Electric
11.3.1. Company Overview
11.3.2. Financial Performance
11.3.3. Product Benchmarking
11.3.4. Recent Development
11.4. General Electric
11.4.1. Company Overview
11.4.2. Financial Performance
11.4.3. Product Benchmarking
11.4.4. Recent Development
11.5. Motorola Solutions Inc
11.5.1. Company Overview
11.5.2. Financial Performance
11.5.3. Product Benchmarking
11.5.4. Recent Development
11.6. FUJITSU
11.6.1. Company Overview
11.6.2. Financial Performance
11.6.3. Product Benchmarking
11.6.4. Recent Development
11.7. Itron Inc
11.7.1. Company Overview
11.7.2. Financial Performance
11.7.3. Product Benchmarking
11.7.4. Recent Development
11.8. Telenaktiebolaget LM Ericsson
11.8.1. Company Overview
11.8.2. Financial Performance
11.8.3. Product Benchmarking
11.8.4. Recent Development
11.9. Digi International Inc
11.9.1. Company Overview
11.9.2. Financial Performance
11.9.3. Product Benchmarking
11.9.4. Recent Development
11.10. ZTE Corporation
11.10.1. Company Overview
11.10.2. Financial Performance
11.10.3. Product Benchmarking
11.10.4. Recent Development
11.11. Ribbon Communications Operating Company Inc
11.11.1. Company Overview
11.11.2. Financial Performance
11.11.3. Product Benchmarking
11.11.4. Recent Development
11.12. Trilliant Holdings Inc
11.12.1. Company Overview
11.12.2. Financial Performance
11.12.3. Product Benchmarking
11.12.4. Recent Development
11.13. Black & Veatch Holding Company
11.13.1. Company Overview
11.13.2. Financial Performance
11.13.3. Product Benchmarking
11.13.4. Recent Development
11.14. Valiant Communications
11.14.1. Company Overview
11.14.2. Financial Performance
11.14.3. Product Benchmarking
11.14.4. Recent Development
11.15. RAD Open Systems International Inc
11.15.1. Company Overview
11.15.2. Financial Performance
11.15.3. Product Benchmarking
11.15.4. Recent Development

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