Smart Meter Data Management Market Share Sales, Production, and Cost Forecasting Up to 2023 - Top Manufacturers Profiled Oracle, Arad Group, Trilliant Holdings, Elster Group GmbH, Itron, Siemens AG, Aclara Technologies, Enoro, ElectSolve Technology

The global smart meter data management market was valued at $661.1 million in 2016, and is projected to reach $1,896.3 million by 2023, growing at a CAGR of 16.4% from 2017 to 2023. The services market for smart meter data management is anticipated to witness highest growth rate during the forecast period.

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North America generated the highest revenue in the global smart meter data management market in 2016 due to its high population and the U.S. being the largest market for smart metering. The LAMEA smart meter data management market size is expected to grow at the highest CAGR during the forecast period. High investments from the governing bodies, supportive regulations and policies regarding smart metering technologies, and booming energy industry is expected to drive the growth of smart meter data management market in LAMEA region.

The software segment contributed the highest share in 2016. This segment accounted for 69.3% in 2016, and is projected to grow at the CAGR of 16.1% during the forecast period. However, the smart meter data management market for services segment is projected to grow at the highest rate of 17.3%.

Comprehensive Analysis of Leading Market Players

•Oracle Corporation
•Arad Group
•Trilliant Holdings, Inc.
•Elster Group GmbH
•Itron
•Siemens AG
•Aclara Technologies LLC
•Enoro
•ElectSolve Technology Solutions & Services, Inc.
•Landis+Gyr

Meter data management systems market for electric application generated a maximum share of revenue in 2016 and is expected to dominate the market throughout the forecast period at the CAGR of 14.8%. While gas application segment is expected to grow at the highest CAGR during the forecast period.

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The report features a competitive scenario of the global smart meter data management industry and provides a comprehensive analysis of key growth strategies adopted by major players.

Questions answered in Smart Meter Data Management Market research study:

-What is the market growth rate of Smart Meter Data Management Market from 2017-2023?
-What will be the global market size of the market from 2017 to 2023?
-Who are the leading global manufacturing companies in the Smart Meter Data Management Market?
-What are the major current trends and predicted trends?
-What are the challenges faced in the Smart Meter Data Management -Market?
-Which will be the niches at which players profiling with thorough plans, financials, and also recent advancements should set a presence?
-Which will be the anticipated growth rates for your own Smart Meter Data Management economy altogether and also for every segment inside?
-Which will be the Smart Meter Data Management application and types and forecast accompanied closely by producers?
-What are the conclusions of the Smart Meter Data Management Market report?

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