Smart Grid & Distribution Monitoring: 29 million devices that reduce the need for generating capacity
Utility companies have been using IoT systems for decades in the form of supervisory control and data acquisition (SCADA) and telemetry for remote monitoring of generation, transmission and distribution systems (and even customers in some cases). Automated assets such as line switches and substations have in most cases been connected to utilities’ SCADA systems for some time. Water and gas utilities generally already have flow monitors installed in their networks. This Application Spotlight provides a qualitative and quantitative analysis of the IoT market related to Smart Grid and other utility distribution monitoring. It provides a definition, description, analysis of drivers and barrier, and high level forecasts for growth in connections, technology split and revenue opportunity.
For a full set of country-by-country forecasts, refer to the IoT Forecast Database.
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