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Smart Grid ICT Market, Global Outlook and Forecast 2024-2030

Smart Grid ICT Market, Global Outlook and Forecast 2024-2030

  • Published on : 22 February 2024
  • Pages :118
  • Report Code:SMR-7856458

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Report overview

The global Smart Grid ICT market was valued at US$ 56,267.07 million in 2023 and is projected to reach US$ 162,848.22 million by 2030, at a CAGR of 12.75% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The concept behind smart grid information and communication technology (ICT) is to control energy consumption within homes, offices and similar facilities.

This report aims to provide a comprehensive presentation of the global market for Smart Grid ICT, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Grid ICT. This report contains market size and forecasts of Smart Grid ICT in global, including the following market information:

  • Global Smart Grid ICT Market Revenue, 2018-2023, 2024-2030, ($ millions)
  • Global top five companies in 2023 (%)

A smart grid is an electrical grid which includes a variety of operation and energy measures including smart meters, smart appliances, renewable energy resources, and energy efficient resources.Smart Grid ICT is the communication technology of smart grid.
We surveyed the Smart Grid ICT companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:
Global Smart Grid ICT Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Smart Grid ICT Market Segment Percentages, by Type, 2023 (%)
  • Wireless Communication Technology
  • Wired communication technology
Global Smart Grid ICT Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Smart Grid ICT Market Segment Percentages, by Application, 2023 (%)
  • Family
  • Office
  • Others
Global Smart Grid ICT Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Smart Grid ICT Market Segment Percentages, By Region and Country, 2023 (%)
  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
  • Key companies Smart Grid ICT revenues in global market, 2018-2023 (estimated), ($ millions)
  • Key companies Smart Grid ICT revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
  • Aclara
  • Aeris
  • BPL Global
  • Carlson Wireless
  • Cisco
  • Eaton
  • Elster
  • Echelon
  • GridPoint
  • Itron
  • Nokia
  • Oracle
  • Landis+Gyr
  • Xylem Inc
  • Itron
  • Siemens
  • Spinwave
  • Tantalus
  • Tendril
  • TransData
  • TI
  • Trilliant
  • CommAgility
  • Ericsson
  • Fujitsu
  • Huawei
  • Motorola Solutions
  • Qualcomm
  • Sequans
  • ZTE
Outline of Major Chapters:

Chapter 1: Introduces the definition of Smart Grid ICT, market overview.
Chapter 2: Global Smart Grid ICT market size in revenue.
Chapter 3: Detailed analysis of Smart Grid ICT company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Smart Grid ICT in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.