Smart Grid Market Expected to Reach 50.65 Billion USD by 2022
According to a new market research report "Smart Grid Market by Software (AMI, Smart Grid Distribution Management, Smart Grid Communication, Grid Asset Management, Substation Automation, and Billing and Customer Information System), Hardware, Service, and Region - Global Forecast to 2022", published by MarketsandMarkets™, the smart grid market size is expected to grow from USD 20.83 Billion in 2017 to USD 50.65 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 19.4% during the forecast period.
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