Portland, OR -- (SBWIRE) -- 09/27/2017 -- A meter data management (MDM) is used to collect meter readings from advanced and automated metering systems. This system accurately collects data & helps to generate bills with minimum manual interference. It is considered as the backbone of an AMI system and a key constituent of the smart grid.

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A meter data management system imports, validates, and processes data before it can be used for billing and analysis. This system is the central components of smart metering solutions, resulting in its increased demand.

Reduction in electricity theft and support from regulatory authorities drive the global meter data managements market. However, data management issues impede the market growth. Increase in volume of meter data offers a major opportunity for market expansion.

Key players profiled in the report include Elster Group GmbH, Itron Inc., Landis+Gyr, Siemens Ltd., Oracle, Aclara Technologies LLC., ElectSolve Technology Solutions & Services, Inc., Enoro, Ferranti Computer Systems, and Harris Utilities.

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Key Benefits

-The study provides an in-depth analysis of the global meter data managements market and current & future trends to elucidate the imminent investment pockets.

-Information about the key drivers, restrains, and opportunities is provided.

-Porters Five Forces analysis illustrates the potency of buyers & suppliers operating in the industry.

-The quantitative analysis of the global market from 2017 to 2023 is provided to determine the market potential.

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