Rise in adoption of advanced metering infrastructure technologies, increase in need for both prescriptive & predictive analytics, and incentives & efforts from governments across the globe drive the growth of the global smart meter data management market.
However, data management issues and high installation costs of smart meters hinder the market growth. On the other hand, increase in volume of meter data creates new opportunities in the coming years.
The report offers a detailed segmentation of the global smart meter data management market based on component, deployment type, and region.
Download Sample Report at: https://www.alliedmarketresearch.com/request-sample/4523
Based on component, the software segment contributed to the largest share with more than two-thirds in 2016, and is estimated to maintain its dominant position during the forecast period. However, the services segment is expected to register the highest CAGR of 17.3% from 2017 to 2023.
Based on application, the electric segment accounted for the largest share in 2016, and is expected to maintain the largest share throughout the forecast period. However, the gas segment is estimated to portray the highest CAGR during the forecast period.
Based on region, North America contributed the highest share in 2016, and will maintain its dominance throughout the forecast period. However, LAMEA is expected to grow at the fastest CAGR from 2017 to 2023.
Leading market players analyzed in the research include Oracle Corporation, Trilliant Holdings, Inc., Arad Group, Itron, Elster Group GmbH, Aclara Technologies LLC, Siemens AG, ElectSolve Technology Solutions & Services Inc., Enoro, and Landis+Gyr.
Covid-19 scenario:
- The benefits for smart meter data management has been increased as the advanced metering infrastructure provides consumption feedback for billing systems without the need for operators to visit the places to get monthly reading.
- However, the new installation of smart meters in commercial and residential projects has been postponed due to the restrictions on the construction industry during the global lockdown.
Thanks for reading this article; you can also get an individual chapter-wise section or region-wise report versions like North America, Europe, or Asia.
If you have any special requirements, please let us know and we will offer you the report as per your requirements.
Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter