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Machine-to-Machine Market in the Utilities Sector to Reach 1.5 Billion in 2020

ROCKVILLE, MD — (Marketwire) — 07/19/11 — MarketResearch.com has announced the addition of the new report “Machine-to-Machine (M2M) Communication in the Utilities Sector 2010-20” to their collection of Wireless market reports. For more information, visit

The market for M2M in the utilities sector will see spectacular growth in terms of numbers of connections, from 100 million in 2010 to 1.5 billion in 2020. This opportunity is dominated by one application: smart metering. It represents 97% of connections in 2010, rising to 99% by 2020. It also accounts for more than 95% of revenue throughout the forecast period. It is slower to dominate traffic, taking three-quarters of all traffic in 2010 but growing to almost 96% over the forecast period.

The other two applications examined in this report — transport & distribution management (T&DM) and electric vehicle (EV) charging — are modest opportunities in comparison to smart metering, although on a per unit basis they generate more traffic and more revenue. Any discussion of the opportunities in the utilities sector naturally focuses predominantly on smart metering.

Market drivers include:

Government regulation and funding of smart grids

Public demand

Utilities gearing up for a competitive environment

Reduced energy theft and improved fraud detection

Service differentiation for utilities

Government push for electric vehicle adoption

Business topography

Network technology developments

Mobile Network Operator (MNO) revenue stagnation

Market barriers include:

Lack of infrastructure and availability of utilities

Lack of incentive to deploy smart metering for gas and water

End-user opposition to smart metering

Security

Opposition (albeit subtle) from the power industry

Meter manufacturing and installation capacity

Technology uncertainty

For more information, visit

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Contact:
Veronica Franco
MarketResearch.com

240.747.3016

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