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 

Categories: Industry News

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