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The Smart Grid Deployment market is a subset of the Internet of Things (IoT) and Machine-to-Machine (M2M) markets. It is focused on the deployment of smart grid technologies, such as smart meters, sensors, and communication networks, to enable the efficient and reliable delivery of electricity. Smart grid technologies enable utilities to monitor and control the flow of electricity, as well as to provide customers with real-time information about their energy usage. This helps to reduce energy costs and improve the reliability of the electricity grid.
The Smart Grid Deployment market is driven by the need to reduce energy costs and improve the reliability of the electricity grid. Governments and utilities around the world are investing in smart grid technologies to meet these goals.
Some companies in the Smart Grid Deployment market include ABB, Siemens, Schneider Electric, General Electric, and Itron. Show Less Read more