Press release
Meter Data Management System Market Size - Forecasts to 2026
Meter Data Management System Market
Browse 155 Market Data Tables and 115 Figures spread through 185 Pages and in-depth TOC on "Global Meter Data Management System Market - Forecast to 2026." https://www.globalmarketestimates.com/market-report/global-meter-data-management-system-market-2871
By Component (Hardware, Software), By Utility Type (Electricity, Water. Gas), By End-User (Residential, Commercial, Industrial), By Application (Smart Grid, Energy Storage, EV Charging, Microgrid, Others), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis
Key Market Insights
• Meter data management is the system that stores and manages large amounts of data generated by smart metering systems over a long period.
• A meter data management system is a computer program that collects data from automated metering systems.
• The demand for water meter data management systems will be driven by rising water consumption and rapid pipeline expansion.
• Over the forecast period, the software segment will generate the most revenue as well as grow at a substantial CAGR rate.
• During the forecast period of 2021-2026, the electricity segment dominated the utility type segment of the MDMS industry.
• The North American region will continue to lead in terms of sales in the upcoming years as the demand is driven by the rising necessity to generate appropriate bills for consumers based on different tariff rates
• Furthermore, the Asia-Pacific region will show a substantial CAGR rate over the forecasted timeframe, due to the growing acceptance, of electric vehicles which are escalating the number of EV charging stations.
• Honeywell, Itron, ABB, Kamstrup, Siemens, Alcara, Eaton, Powel, Schneider Electric, Landis+Gyr, DIEHL, and Sensus (Xylem) among others are the prime players competing in the meter data management system market.
Browse the Report @ https://www.globalmarketestimates.com/market-report/global-meter-data-management-system-market-2871
Component Outlook (Revenue, USD Million, 2021-2026)
• Hardware
• Software
Utility Type Outlook (Revenue, USD Million, 2021-2026)
• Electricity
• Water
• Gas
Application Outlook (Revenue, USD Million, 2021-2026)
• Smart Grid
• Energy Storage
• EV Charging
• Microgrid
• Others
End-User Outlook (Revenue, USD Million, 2021-2026)
• Residential
• Commercial
• Industrial
Regional Outlook (Revenue, USD Million, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA
Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com/
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