A smart rural community would rely on broadband for economic development, top-notch education and healthcare and more.
Global annual cellular service revenue from the smart grid will exceed $1 billion by 2020, says Pike Research — a CAGR of 27%.
The global market for smart hardware, software and services will grow at a 17.4% CAGR from 2010-2015, when it will be $46.4 billion, says IDC
Consumers don’t understand the benefits and cost savings of smart grid. Educating consumers of the benefits of smart grid is the key.