IoT Security Services in Electricity Utilities
Price:
Starting at USD 3,000
Publish Date: 13 Apr 2022
Code: AN-5496
Research Type: Report
Pages: 28
Actionable Benefits
- Plan your cybersecurity strategy amidst the rapidly developing advanced metering infrastructure (AMI).
- Navigate the electricity smart metering market and assist your partners and customers understand the key objectives behind the changing landscape.
- Understand the connectivity and security offerings across hardware security modules (HSMs), eSIMs, and device management services.
Research Highlights
- Cellular and LPWA connected smart meters are expected to dominate as a share in security services. While there is still a significant percentage of electricity meters using GSM/GPRS the majority of security revenues will be concentrated in LTE Single-mode Cat M and NB-IoT (NB-LTE).
- Secure device identity issuance and device identity management are expected to be the key drivers for IoT security services, followed by FOTA and traffic monitoring services.
- The digitization of traditional grids is among the top priorities for governments worldwide and smart metering applications will continue to increase, albeit with lacking insight onto how security implementations can be properly marketed, leaving a revenue gap across key regions worldwide.
- As smart metering penetration rate increased rapidly, this is the best time for IoT security players to help governments, utilities and energy suppliers understand how to properly secure and manage their connected assets, streamline operations, and help them navigate the security supply chain.
Critical Questions Answered
- What does the AMI offer and why is digital security the quintessential element of future deployment strategies?
- What is the current connectivity market for electricity smart metering? How will it evolve?
- What is the penetration rate of secure management for electricity meters? And what are the vital cybersecurity insights for implementers?
Who Should Read This?
- IoT digital security service providers.
- Smart grid, utilities and energy suppliers.
- Smart meter OEMs, device and embedded hardware security manufacturers.
- PKI providers and Certificate Authorities.
- Connectivity and cloud service providers.
- Governmental, regulatory and standardization organizations.
Companies Mentioned
Table of Contents
1. EXECUTIVE SUMMARY
2. EXAMINING THE SMART GRID
2.1. Digitization of Traditional Electrical Grid
2.2. Energy Consumption throughout the Years
2.3. Segmentation of the Energy Grid Supply Chain into OT/ICS and the IoT
2.4. Research Focus: Consumption-Side and Smart Meters
2.5. Advanced Metering Infrastructure
2.6. Automated Meter Reading
2.7. Smart Grid Architecture
3. MARKET OVERVIEW
3.1. Key Regulatory and Standardization Agencies
3.2. Regional Perspectives
3.3. Profiling Security Services
4. EXAMING IOT SECURITY SERVICES
4.1. Research Methodology
4.2. Extrapolating Operational and Security Objectives
4.3. Top Predictors for Security Services
4.4. Regional Segmentation
4.5. Security and Management
4.6. Telcos and Communication Services
5. STRATEGIC RECOMMENDATIONS
5.1. Grid Decentralization Is Fueling Security Services
5.2. Value Proposition for IoT Security Services
5.3. How to Counterbalance Security Investments
5.4. Part of the Critical Infrastructure—Not Just a Baseline IoT Connection
6. VENDOR PROFILES
6.1. Device Authority
6.2. GlobalSign
6.3. Landis+Gyr
6.4. OTORIO
6.5. Utimaco
6.6. Thales
6.7. Sierra Wireless
Companies Mentioned
- ABB Ltd
- Advantech
- Azure
- Deutsche Telekom
- Entrust
- Ericsson
- GlobalSign
- IBM Corp
- Itron, Inc.
- Kaspersky
- Sierra Wireless, Inc.
- Thales
- UTIMACO
- Verizon
- Vodafone Group