Market Revenue Utility Communication Market List of Data Sources | Página 2

On the other hand, the segment of mobile network communication is also coming up as successfully, the reason
being it provides a low cost solution for examining the overall distribution automation system. The wired
segment can also be further segregated into Power Line Carrier, Optic Fiber, and Ethernet. Among these, the
sub segment of power line carrier (PLC) technology has been dominating the market since few years.
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It is said that the particular segment is likely to rise at the fastest rate in the near future. The main factor that is
driving the segment to its peak includes the augmentation in the number of smart cities projects across the
world. This particular technology performs a vital role in modern communication networks because it performs
the function of transferring electrical data at a faster rate via T&D systems. Utility Communication Market size
on the basis of geography spans North America, Europe, Asia-Pacific, Latin America, and the Middle East &
Africa.
As far as the geography is concerned, Asia-Pacific is currently deemed as the leader of the market and it is
anticipated that the region will continue dominating the global utility communication market, the reason being
augmentation in the count of smart grid and smart cities projects in countries like Australia, India, China, Japan,
and South Korea. The key players operating in the Utility Communication market include General Electric,
Ericsson, ABB, Ltd., Siemens AG, and Schneider Electric.
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