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  • 8/14/2019 Smart Grid Market: United States Hardware and Software Companies Should Prepare to Capitalize on the Smart Grid in the United States and International Markets-Market Gr

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    U.S. Hardware and Software Companies Should Prepare to Capitalize on theSmart Grid in the U.S. and International Markets |LEARN MORE BELOW

    December 2009

    A Global Perspective on Emerging Markets Going Green Insights | www.zpryme.com |1.888.ZPRYME.1 SNAPSHOT

    The major opportunities presented by the development of the smart grid are not just for utilities, power marketers, energy producers,

    investors and venture capitalists. In 2014, 89.0 percent or $152.3 billion of the global smart grid market is projected to be comprised

    of devices, hardware, software, and communications equipment. These products will form the infrastructure and critical communication

    systems which will build, link, monitor, manage and secure the smart grid. Of course not every hardware or software company will have

    the resources, technology or engineering expertise to compete in this market, but those with the resources and a flexible knowledge base

    should at the very least explore new product opportunities within the emerging smart grid market.

    Data: SBI Reports

    $2.2

    $3.4

    $4.7

    $11.1

    $4.8

    $6.4

    $9.9

    $21.8

    $0 $5 $10 $15 $20 $25

    Smart MeteringHardware and

    Software (16.9%)

    Smart Grid IntegratedCommunications (13.5%)

    IT Hardware andSoftware (16.1%)

    Smart Sensors andDevices (14.5%)

    Projected U.S. Smart Grid Market by Technology, 2009 and 2014in U.S. billions | (compound annual growth rate in parentheses)

    2014

    2009

    $6.4

    $10.0

    $15.2

    $37.6

    $19.0

    $27.4

    $39.4

    $85.5

    $0 $20 $40 $60 $80 $100

    Smart MeteringHardware and

    Software (24.3%)

    Smart Grid IntegratedCommunications (22.3%)

    IT Hardware andSoftware (21.0%)

    Smart Sensors andDevices (17.9%)

    Projected Global Smart Grid Market by Technology, 2009 and 2014in U.S. billions | (compound annual growth rate in parentheses)

    2014

    2009

    $21.4

    $25.7

    $30.0

    $34.3

    $38.6

    $42.8

    $0

    $10

    $20

    $30

    $40

    $50

    2009 2010 2011 2012 2013 2014

    Projected U.S. Smart Grid Market Size, 2009 - 2014in U.S. billions | compound annual growth rate = 14.9%

    $69.3

    $89.7

    $110.1

    $130.5

    $151.0$171.4

    $0

    $30

    $60

    $90

    $120

    $150

    $180

    2009 2010 2011 2012 2013 2014

    Projected Global Smart Grid Market Size, 2009 - 2014in U.S. billions | compound annual growth rate = 19.9%

    89.0% of market in

    2014 ($152.3 billion)

  • 8/14/2019 Smart Grid Market: United States Hardware and Software Companies Should Prepare to Capitalize on the Smart Grid in the United States and International Markets-Market Gr

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    Zpryme delivers relevant, actionable insight and consultationspecific to each clients individual needs, helping organizationssolve immediate business problems and achieve long-term success.

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