Increasing use of smart grids and mobile devices, modification in billing practices in Utility Communication Market
The Utility Communication Market is expected to grow at a CAGR of 15.55%, from 2016 to 2021 and will reach to USD 15.45 billion in 2022 from an estimated value of 7.50 billion in 2016.
The power line communication (PLC) technology subsegment, within the wired technology segment, led the utility communication market in 2016, and is projected to dominate the market during the forecast period. The segment...