Market Overview:
The global smart grid wide area network (WAN) market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smart grids and the need for better communication infrastructure for these grids. The global smart grid WAN market can be segmented on the basis of type into wired WAN and wireless WAN. Wired WAN is further sub-segmented into copper, optical fiber, and others (coaxial cable, etc.). Wireless WAN is further sub-segmented into cellular networks, satellite networks, and others (microwave links, etc.). Of these segments, wired WAN held the largest share of the global smart grid WAN market in 2017. This segment is expected to continue its dominance during the forecast period owing to its high bandwidth capacity as compared to wireless technologies. However, wireless technologies are witnessing a higher growth rate than wired technologies due to their growing popularity among end users owing to factors such as ease of installation and lower deployment costs. On the basis of application, commercial held majority share in 2017 followed by government sector across all regions studied in this research study; however education sector is projected witness highest CAGR over next few years primarily due rising awareness about benefits offered by Smart Grid technology implementation among educational institutes/universities globally .
 Industry Outlook.svg)
Product Definition:
A Smart Grid Wide Area Network (WAN) is a telecommunications network used to connect smart grid devices and systems over a wide geographic area. The importance of Smart Grid Wide Area Network (WAN) is that it enables two-way communication between smart grid devices and systems, which allows for the collection and transmission of data between these devices. This data can be used to improve the efficiency and reliability of the electric grid, as well as help utilities better manage their energy resources.
Wired WAN:
Wired WAN, also known as network-based or point to point communication system is a telecommunication network that uses cables for data transmission between computers and peripheral devices. The technology has been around for more than two decades but the concept of using wireless networks was introduced only in the last few years.
Wireless WAN:
Wireless Wide Area Network (WAN) is a group of several wireless networks that uses radio waves to connect remote locations. It provides benefits such as increased bandwidth and lower latency for mission-critical applications such as voice & video conferencing, online gaming, media streaming, and cloud computing.
The global wireless WAN market was valued at USD 8.10 billion in 2013.
Application Insights:
The commercial segment dominated the global smart grid WAN market, accounting for more than 60.0% share of the overall revenue in 2017. The growth can be attributed to increasing demand for high-speed internet services across various end-use industries such as retail, healthcare and banking & financial services. Furthermore, growing IT spending by businesses is expected to boost the demand over the forecast period.
The education segment accounted for a significant share of 19.1% in 2017 and is expected to grow at a rapid pace over the forecast period owing to rising deployment of IoT devices across educational institutions and universities worldwide. Moreover, government initiatives such as ¢â‚¬Å“IoT enabled irrigation system project¢â‚¬ are anticipated to propel investments from both private players as well as governments worldwide which will eventually drive growth further over the coming years (see also: Government Initiatives).
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing penetration of smart grid technologies and growing adoption by end-users such as government, education, and commercial sectors. Moreover, presence of numerous service providers that are engaged in developing innovative solutions for communication across large areas is expected to drive regional demand over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising number of initiatives taken up by governments across various countries for implementation of smart grid technology at a larger scale with greater efficiency and lower cost than other alternatives available in their respective countries. For instance, China has planned extensive deployment activities related to distribution network using smart meters along with other advanced energy management solutions which will eventually lead into improved customer experience along with reduced costs associated with electricity consumption.
Growth Factors:
- Increasing demand for smart grid technologies from utilities to manage and optimize their networks
- Rising need for real-time data analytics and visualization to improve grid operations
- Proliferation of Internet of Things (IoT) devices and applications that can be integrated with the smart grid infrastructure
- Development of innovative communication protocols and standards for smart grids
- Growing investments in research and development (R&D) initiatives for advancedgrid management solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Grid Wide Area Network (WAN) Market Research Report
By Type
Wired WAN, Wireless WAN
By Application
Commercial, Education, Government, Others
By Companies
ABB, Cisco Systems, GE Energy, Huawei Technologies, Fujitsu, Elster, Trilliant, Silver Springs Network
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Smart Grid Wide Area Network (WAN) Market Report Segments:
The global Smart Grid Wide Area Network (WAN) market is segmented on the basis of:
Types
Wired WAN, Wireless WAN
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Education, Government, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB
- Cisco Systems
- GE Energy
- Huawei Technologies
- Fujitsu
- Elster
- Trilliant
- Silver Springs Network
 Market Overview.svg)
Highlights of The Smart Grid Wide Area Network (WAN) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wired WAN
- Wireless WAN
- By Application:
- Commercial
- Education
- Government
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smart Grid Wide Area Network (WAN) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Smart Grid WAN is a network that enables the exchange of information between smart grid devices and systems across large geographic areas. It can help to improve energy efficiency, manage resources more effectively, and protect the environment.
Some of the major players in the smart grid wide area network (wan) market are ABB, Cisco Systems, GE Energy, Huawei Technologies, Fujitsu, Elster, Trilliant, Silver Springs Network.
The smart grid wide area network (wan) market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Grid Wide Area Network (WAN) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Smart Grid Wide Area Network (WAN) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Grid Wide Area Network (WAN) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Smart Grid Wide Area Network (WAN) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Smart Grid Wide Area Network (WAN) Market Size & Forecast, 2020-2028
4.5.1 Smart Grid Wide Area Network (WAN) Market Size and Y-o-Y Growth
4.5.2 Smart Grid Wide Area Network (WAN) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Wired WAN
5.2.2 Wireless WAN
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Education
6.2.3 Government
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Grid Wide Area Network (WAN) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Smart Grid Wide Area Network (WAN) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Wired WAN
9.6.2 Wireless WAN
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Education
9.10.3 Government
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Wired WAN
10.6.2 Wireless WAN
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Education
10.10.3 Government
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Wired WAN
11.6.2 Wireless WAN
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Education
11.10.3 Government
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Wired WAN
12.6.2 Wireless WAN
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Education
12.10.3 Government
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Wired WAN
13.6.2 Wireless WAN
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Education
13.10.3 Government
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Smart Grid Wide Area Network (WAN) Market: Competitive Dashboard
14.2 Global Smart Grid Wide Area Network (WAN) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Cisco Systems
14.3.3 GE Energy
14.3.4 Huawei Technologies
14.3.5 Fujitsu
14.3.6 Elster
14.3.7 Trilliant
14.3.8 Silver Springs Network
