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New York, NY -- (SBWIRE) -- 07/23/2018 -- Global Smart Meter Data Management Market Report 2023." Smart meters are next-generation metering devices that are used to obtain energy consumption feedbacks, monitor, manage, and send these feedbacks to the billing management system. These devices enable a bidirectional communication between the meter and the central management system. The smart meter management system offers various advantages over the tradition metering system including detection of energy theft, estimate meter readings, and better overall energy efficiency.
This statistical surveying study offers an unbiased analysis of the worldwide market for Smart Meter Data Management, Numerous benefits provided by the advanced metering technology such as the ability to detect outages and facilitation of real-time energy consumption patterns for end users have fueled the adoption of AMI technology. Moreover, increase in global energy demand, government mandates & legislative compliances towards smart metering, and rise in need for improved customer service level & utility efficiency boost the market growth.
Global smart meter data management market was valued at $+659 million in 2016, and is projected to reach $+1,895 million by 2023, growing at a CAGR of +15% from 2017 to 2023
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Key Players Like: Oracle Corporation, Arad Group, Trilliant Holdings, Inc., Elster Group GmbH, Itron, Siemens AG, Aclara Technologies LLC, Enoro, ElectSolve Technology Solutions & Services, Inc., and Landis+Gyr. These players have expanded their market presence by adopting various business strategies such as acquisition, geographical expansion, product development.
global smart meter data management market is segmented on the basis of the component, deployment type, and region. Based on the component, the market is bifurcated into software and services. The software segment is further segmented into meter data management system (MDMS), meter data analytics (MDA), and software communication. Services are further studied across consulting, project management, implementation and integration, and other support services.
Top winning strategies are analyzed by performing a thorough study of the leading players in the global smart meter data management market. Comprehensive analysis of recent developments and growth curves of various companies have helped in understanding the growth strategies adopted by them and their potential effect on the market.
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Table of Content:
Chapter 1 Industry Overview of Smart Meter Data Management
Chapter 2 Manufacturing Cost Structure Analysis of Smart Meter Data Management
Chapter 3 Technical Data and Manufacturing Plants Analysis of Smart Meter Data Management
Chapter 4 Global Smart Meter Data Management Overall Market Overview
Chapter 5 Smart Meter Data Management Regional Market Analysis
Chapter 6 Major Manufacturers Analysis of Smart Meter Data Management
Chapter 7 Development Trend of Analysis of Smart Meter Data Management Market
Chapter 8 Smart Meter Data Management Marketing Type Analysis
Chapter 9 Conclusion of the Global Smart Meter Data Management Market Professional Survey Report 2018
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