Charge Points’ Software Progression
Analysis of Software Features in Charge Points Worldwide for 2023 vs. 2030
- User Authentication is the most dominant feature, prevalent in majority of the charge points, where as V2G is an emerging technology with few projects now. V2G is expected to increase in the longer run to regulate the grid constraints as soon as the grids are stable enough to cater with this emerging technology.
- Demand Response feature is another feature that is expected to flourish in future and enable the chargers to be ready pre-hand for any uncertain dynamics.
- Load management, Remote management and Application Programming Interfaces (APIs) are other features present in decent abundance amongst the charge points.
Software Market Revenue
Software Market Revenue Amongst Defined Applications in 2023
Key Development Factors
Dominance of Features and Factors Transitioning Towards Smart Chargers
The market for smart electric vehicle chargers is expected to grow significantly in the next decade. This is due to the increasing popularity of electric vehicles and the need for more efficient and intelligent charging solutions. Smart chargers offer advantages over traditional chargers, including real-time monitoring, remote accessibility, and integrated payment systems.
EV Charging Infrastructure Service Overview
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