유틸리티 통신 시장 규모, 점유율, 동향 분석 보고서 : 기술별, 컴포넌트별, 유틸리티별, 용도별, 최종 용도별, 지역별, 부문 예측(2025-2033년)

Utility Communication Market Summary

The global utility communication market size was estimated at USD 26.29 billion in 2024, and is projected to reach USD 39.90 billion by 2033, growing at a CAGR of 5.1% from 2025 to 2033. The market has been driven by the global push toward grid modernization, growing demand for operational efficiency, and increasing integration of renewable energy sources.

Utilities have been compelled to adopt advanced communication systems to enable real-time monitoring, remote asset management, and enhanced customer engagement. The proliferation of distributed energy resources (DERs), electric vehicles (EVs), and smart metering infrastructure has intensified the need for robust, secure, and scalable communication networks across electric, gas, and water utilities.

Technological advancements have reshaped the market landscape, with significant emphasis placed on the convergence of wired and wireless communication solutions. Adoption of technologies such as RF mesh, fiber optics, private LTE, and increasingly, 5G, has been accelerated to support two-way communication, high-speed data transmission, and low-latency grid applications. Integration of IoT, edge computing, and AI-based analytics has also been prioritized, enabling predictive maintenance, fault detection, and real-time decision-making across utility networks.

Substantial investments have been observed across regions, particularly in smart grid and AMI projects, with public and private funding increasingly allocated to infrastructure upgrades. Leading utilities and governments have allocated multi-billion-dollar budgets to replace aging infrastructure and deploy intelligent communication systems. Partnerships between utilities and technology providers have been strengthened to co-develop customized solutions that address specific operational challenges while enhancing system resilience.

The regulatory landscape has continued to evolve in favor of utility communication system deployment, driven by national energy efficiency mandates, cybersecurity guidelines, and sustainability goals. In markets such as North America and Europe, regulatory bodies have mandated the rollout of smart meters and grid modernization initiatives. International standards for data interoperability, network security, and communication protocols have been established to ensure seamless integration and system compatibility across diverse utility ecosystems.

However, several restraints have hindered the widespread adoption of utility communications technologies. High upfront costs, complex system integration, and legacy infrastructure challenges have slowed deployment, particularly in developing markets. Concerns around data privacy, cyber threats, and the lack of standardization in emerging regions have further constrained market scalability. In addition, regulatory uncertainties in certain geographies have delayed investment decisions and slowed the pace of digital transformation in the utility sector.

Global Utility Communication Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global utility communication market report based on technology, component, utility, application, end-use, and region.

• Technology Outlook (Revenue, USD Million, 2021 - 2033)
• Wired
• Wireless
• Component Outlook (Revenue, USD Million, 2021 - 2033)
• Hardware
• Software
• Utility Outlook (Revenue, USD Million, 2021 - 2033)
• Public
• Private
• Application Outlook (Revenue, USD Million, 2021 - 2033)
• Oil and Gas
• Power Generation
• Others
• End-use Outlook (Revenue, USD Million, 2021 - 2033)
• Residential
• Commercial
• Industrial
• Regional Outlook (Revenue, USD Million, 2021 - 2033)
• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
• Latin America
  • Brazil
• Middle East and Africa (MEA)
  • KSA
  • UAE
  • South Africa

Table of Contents

Chapter 1. Methodology and Scope

• 1.1. Market Segmentation and Scope
• 1.2. Research Methodology
  • 1.2.1. Information Procurement
• 1.3. Information or Data Analysis
• 1.4. Methodology
• 1.5. Research Scope and Assumptions
• 1.6. Market Formulation & Validation
• 1.7. Country Based Segment Share Calculation
• 1.8. List of Data Sources

Chapter 2. Executive Summary

• 2.1. Market Outlook
• 2.2. Segment Outlook
• 2.3. Competitive Insights

Chapter 3. Utility Communication Market Variables, Trends, & Scope

• 3.1. Market Lineage Outlook
• 3.2. Market Dynamics
  • 3.2.1. Market Driver Analysis
  • 3.2.2. Market Restraint Analysis
  • 3.2.3. Industry Challenge
• 3.3. Utility Communication Market Analysis Tools
  • 3.3.1. Industry Analysis - Porter's
    • 3.3.1.1. Bargaining power of the suppliers
    • 3.3.1.2. Bargaining power of the buyers
    • 3.3.1.3. Threats of substitution
    • 3.3.1.4. Threats from new entrants
    • 3.3.1.5. Competitive rivalry
  • 3.3.2. PESTEL Analysis
    • 3.3.2.1. Political landscape
    • 3.3.2.2. Economic landscape
    • 3.3.2.3. Social landscape
    • 3.3.2.4. Technological landscape
    • 3.3.2.5. Environmental landscape
    • 3.3.2.6. Legal landscape

Chapter 4. Utility Communication Market: Technology Estimates & Trend Analysis

• 4.1. Segment Dashboard
• 4.2. Utility Communication Market: Technology Movement Analysis, 2024 & 2033 (USD Million)
• 4.3. Wired
  • 4.3.1. Wired Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 4.4. Wireless
  • 4.4.1. Wireless Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)

Chapter 5. Utility Communication Market: Component Estimates & Trend Analysis

• 5.1. Segment Dashboard
• 5.2. Utility Communication Market: Component Movement Analysis, 2024 & 2033 (USD Million)
• 5.3. Hardware
  • 5.3.1. Hardware Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 5.4. Software
  • 5.4.1. Software Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)

Chapter 6. Utility Communication Market: Utility Estimates & Trend Analysis

• 6.1. Segment Dashboard
• 6.2. Utility Communication Market: Utility Movement Analysis, 2024 & 2033 (USD Million)
• 6.3. Public
  • 6.3.1. Public Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 6.4. Private
  • 6.4.1. Private Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)

Chapter 7. Utility Communication Market: Application Estimates & Trend Analysis

• 7.1. Segment Dashboard
• 7.2. Utility Communication Market: Application Movement Analysis, 2024 & 2033 (USD Million)
• 7.3. Oil and Gas
  • 7.3.1. Oil and Gas Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 7.4. Power Generation
  • 7.4.1. Power Generation Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 7.5. Others
  • 7.5.1. Others Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)

Chapter 8. Utility Communication Market: End Use Estimates & Trend Analysis

• 8.1. Segment Dashboard
• 8.2. Utility Communication Market: End Use Movement Analysis, 2024 & 2033 (USD Million)
• 8.3. Residential
  • 8.3.1. Residential Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 8.4. Commercial
  • 8.4.1. Commercial Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 8.5. Industrial
  • 8.5.1. Industrial Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)

Chapter 9. Utility Communication Market: Regional Estimates & Trend Analysis

• 9.1. Utility Communication Market Share, By Region, 2024 & 2033 (USD Million)
• 9.2. North America
  • 9.2.1. North America Utility Communication Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 9.2.2. U.S.
    • 9.2.2.1. U.S. Utility Communication Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 9.2.3. Canada
    • 9.2.3.1. Canada Utility Communication Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 9.2.4. Mexico
    • 9.2.4.1. Mexico Utility Communication Market Estimates and Forecasts, 2021 - 2033 (USD Million)
• 9.3. Europe
  • 9.3.1. Europe Utility Communication Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 9.3.2. UK
    • 9.3.2.1. UK Utility Communication Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 9.3.3. Germany
    • 9.3.3.1. Germany Utility Communication Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 9.3.4. France
    • 9.3.4.1. France Utility Communication Market Estimates and Forecasts, 2021 - 2033 (USD Million)
• 9.4. Asia Pacific
  • 9.4.1. Asia Pacific Utility Communication Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 9.4.2. China
    • 9.4.2.1. China Utility Communication Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 9.4.3. Japan
    • 9.4.3.1. Japan Utility Communication Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 9.4.4. India
    • 9.4.4.1. India Utility Communication Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 9.4.5. South Korea
    • 9.4.5.1. South Korea Utility Communication Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 9.4.6. Australia
    • 9.4.6.1. Australia Utility Communication Market Estimates and Forecasts, 2021 - 2033 (USD Million)
• 9.5. Latin America
  • 9.5.1. Latin America Utility Communication Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 9.5.2. Brazil
    • 9.5.2.1. Brazil Utility Communication Market Estimates and Forecasts, 2021 - 2033 (USD Million)
• 9.6. Middle East and Africa
  • 9.6.1. Middle East and Africa Utility Communication Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 9.6.2. UAE
    • 9.6.2.1. UAE Utility Communication Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 9.6.3. KSA
    • 9.6.3.1. KSA Utility Communication Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 9.6.4. South Africa
    • 9.6.4.1. South Africa Utility Communication Market Estimates and Forecasts, 2021 - 2033 (USD Million)

Chapter 10. Competitive Landscape

• 10.1. Company Categorization
• 10.2. Company Market Positioning
• 10.3. Company Heat Map Analysis
• 10.4. Company Profiles/Listing
  • 10.4.1. Siemens
    • 10.4.1.1. Participant's Overview
    • 10.4.1.2. Financial Performance
    • 10.4.1.3. Product Benchmarking
    • 10.4.1.4. Strategic Initiatives
  • 10.4.2. Schneider Electric
    • 10.4.2.1. Participant's Overview
    • 10.4.2.2. Financial Performance
    • 10.4.2.3. Product Benchmarking
    • 10.4.2.4. Strategic Initiatives
  • 10.4.3. ABB
    • 10.4.3.1. Participant's Overview
    • 10.4.3.2. Financial Performance
    • 10.4.3.3. Product Benchmarking
    • 10.4.3.4. Strategic Initiatives
  • 10.4.4. GE Grid Solutions, LLC
    • 10.4.4.1. Participant's Overview
    • 10.4.4.2. Financial Performance
    • 10.4.4.3. Product Benchmarking
    • 10.4.4.4. Strategic Initiatives
  • 10.4.5. Cisco Systems, Inc.
    • 10.4.5.1. Participant's Overview
    • 10.4.5.2. Financial Performance
    • 10.4.5.3. Product Benchmarking
    • 10.4.5.4. Strategic Initiatives
  • 10.4.6. Motorola Solutions, Inc
    • 10.4.6.1. Participant's Overview
    • 10.4.6.2. Financial Performance
    • 10.4.6.3. Product Benchmarking
    • 10.4.6.4. Strategic Initiatives
  • 10.4.7. Nokia
    • 10.4.7.1. Participant's Overview
    • 10.4.7.2. Financial Performance
    • 10.4.7.3. Product Benchmarking
    • 10.4.7.4. Strategic Initiatives
  • 10.4.8. Telefonaktiebolaget LM Ericsson
    • 10.4.8.1. Participant's Overview
    • 10.4.8.2. Financial Performance
    • 10.4.8.3. Product Benchmarking
    • 10.4.8.4. Strategic Initiatives
  • 10.4.9. Trilliant Holdings Inc.
    • 10.4.9.1. Participant's Overview
    • 10.4.9.2. Financial Performance
    • 10.4.9.3. Product Benchmarking
    • 10.4.9.4. Strategic Initiatives
  • 10.4.10. Itron Inc.
    • 10.4.10.1. Participant's Overview
    • 10.4.10.2. Financial Performance
    • 10.4.10.3. Product Benchmarking
    • 10.4.10.4. Strategic Initiatives