Service revenue from public cellular network nodes in smart grid apps to cross $1 billion by 2020

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Service revenue from public cellular network nodes in smart grid apps to cross $1 billion by 2020

Greentech Lead Asia: Global service revenue from public
cellular network nodes in smart grid applications will cross $1 billion by
2020, representing a 27 percent CAGR from 2011 to 2020.

A cumulative total of 73 million cellular M2M
communication nodes will be shipped for use in smart grid applications during
2011-2020.

“Carriers and integrators have awakened to the unique
opportunity of the smart grid. It is no longer just another general vertical
market application,” said Pike Research vice president Bob Gohn.

“With new pricing and service offerings specifically
tailored for the large number of endpoints but relatively low aggregate data
volume typical of grid applications, public cellular is becoming a real
competitor to private utility-owned networks. The end result is a significant
and growing monthly stream of revenue to the carrier, without taxing the
carrier’s network resources,” Gohn added.

Europe is the leading region for public cellular node
unit shipments and revenue through the remainder of the decade. This is
primarily due to smart grid deployments which are driven by the European
Union’s much-publicized 20-20-20 mandate.

Europe will likely to lead the market in annual service
revenue, due largely to the volume of aggregate data being sent by the region’s
smart meters, as well as the smaller number of nodes being used for
applications such as distribution automation and substation automation.

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