Global Market Insights forecast revenue generation within the market to hit $3 billion by 2025.
Factors driving market growth include:
- Increased loads from influx of electric vehicles
- Burgeoning number of smart appliances along with a growing share of variable distributed generation in the grids
- The introduction and implementation of various programmes to accelerate the blockchain adoption
- Enhanced government emphasis toward improving energy efficiency, privacy, interoperability and cybersecurity
Learn more about these factors by reading the full article.
Source: Smart Energy International