IMS Research forecasts that the market for equipment supporting smart grid communications and networking will grow from US$700 million in 2011 to nearly $950 million by 2016. This growth is projected even as smart meter shipments are forecast to decline from 2012 onwards in North America and general economic growth remains elusive.

via Smart grid networking market in the Americas to grow to nearly $1bn by 2016, says IMS Research – M2M Now.

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