A report from Pike Research forecasts that 276 million smart grid communications nodes will be shipped worldwide during the period from 2010 to 2016.

The cleantech market intelligence firm expects that this will represent a total industry investment of $20.3bn during the seven-year forecast period.

This means that annual revenues increase from $1.8bn in 2009 to $3.1bn by 2016, despite rapidly falling average selling prices (ASPs) per node.

via Smart meters to be largest wireless comms app, says analyst – 26/07/2010 – Electronics Weekly.

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