Power Line Communication Market Size to grow at a CAGR of 9.5% by 2023
The Power Line Communication Market to grow from USD 5.5 billion in 2017 to USD 9.5 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 9.5% during the forecast period. High demand for power line communication technology-based products from the industrial and residential verticals primarily for substation communication, advanced metering, and indoor networking applications are most likely to be the key factors attributed to the growth of the market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=912 Narrowband frequency held the larger share of the market in 2016 Based on Frequency, the narrowband segment led the Power Line Communication Market. High demand for narrowband power line communication technology-based products from the energy management and smart grid application can be attributed to the dominant position of this segment. Energy management and smart grid application to dominate the market during forecast period Based on Applica