According to a new report from Pike Research, the smart grid managed-services market is expected to experience year-over-year growth of 75% between 2010 and 2011, rising from $470 million to $821 million during that period. The firm anticipates that smart grid managed services will reach $4.3 billion in global revenue by 2015. Application outsourcing, including demand response (DR) programs, is currently the largest segment within the managed-services space, Pike Research says. But by 2015, infrastructure outsourcing will likely become the leading segment, and business-process outsourcing will also experience strong growth during the 2010-2015 forecast period. Pike Research’s study, “Smart Grid Managed Services”, examines global and regional smart grid managed services trends, and forecasts market size and growth prospects by region and managed services segment from 2009 through 2015. In addition, the study assesses the competitive landscape, including a detailed competitive analysis of major smart grid managed service vendors. An Executive Summary of the report is available for free download on the firm’s website.
SOURCE: Pike Research
