In-Stat: ZigBee technology to lead smart meter revenue of $12B by 2016

Smart meters, while still arguably a nascent phenomenon in the utility market, has some global legs in it, argues a new In-Stat report.

Initially cited as a way to record and read a consumer's electrical, gas or water usage, the smart meter has a number of other functions that In-Stat forecasts the market will surpass the $12 billion market by 2016 with Zigbee-enabled devices taking the lead.

"While the number of ZigBee clients in homes to date is relatively small, In-Stat believes that ZigBee will maintain its dominance," said Allen Nogee, Research Director, InStat.

Nogee added that even though"WiFi is pervasive, it has not been a viable choice for the smart grid because the application layers have never existed for WiFi that explain exactly how WiFi devices interact," but "the passage of the IP-based Smart Energy Profile 2.0, expected late in 2012," could open up new opportunities for WiFi-enabled smart meters.

And while powerline-based technology continues to be the technology of choice to provide backhaul connectivity from the meter to the utility's grid, wireless-based wide area cellular and unlicensed wireless mesh technologies will continue play a bigger role in the overall smart grid trend.     

On a regional basis, China, which is the world's largest energy consumer, is leading the majority of smart meter deployments. Alternatively, the U.S. market deployment of smart meters will decrease after reaching a peak in 2011, while worldwide smart meter deployments will continue to grow.

For more:
- see the release

Related articles:
Verizon, eMeter to offer cloud-based electric meter management
BT to connect UK smart energy meters
Vodafone Germany, Alcatel-Lucent synch up on smart metering
Google's FTTP networks to power smart grid applications

Suggested Articles

IBM has named internship and mentor program Outreachy as the winner of its second $50,000 Open Source Community Grant.

While carriers have kept up with the networking demands related to the COVID-19 pandemic, Vodafone is upgrading its network by 4 TBps of capacity.

According to revised research by International Data Corporation (IDC), worldwide IT spending is now expected to decline by 2.7%.