Press release
Meter Data Management System Market Revenue Growth & Opportunities by 2027 With Trends and Competitive Analysis
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Market Trends and Drivers:
The meter data management system market is primarily driven by the increasing deployment of smart grids and rapid urbanization across the globe. Besides this, the widespread adoption of advanced metering technologies that can detect a power outage and provide real-time updates based on the energy consumption is also contributing to market growth.
Various key players are integrating advanced technologies, such as cloud computing, machine learning (ML) and Internet-of-Things (IoT), with metering systems to improve operational planning and increase the overall energy saving. This, coupled with the escalating demand for efficient data monitoring systems from the residential sector to manage the overall energy consumption and track utility bills, is creating a favorable market outlook across the globe. Furthermore, significant developments in the power infrastructure across the developing economies, the rising need for predictive analytics, and ongoing research and development (R&D) activities are some of the other factors propelling the market growth.
Meter Data Management System Market 2022-2027 Competitive Landscape and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the meter data management system market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
ABB Ltd.
Aclara Technologies LLC
Arad Group
Diehl Stiftung & Co. KG
Eaton Corporation Inc.
Elster Group GmbH
Honeywell International Inc.
Itron Inc.
Kamstrup
Landis+Gyr
Oracle Corporation
Schneider Electric
Siemens
Trilliant Holdings Inc.
Key Market Segmentation:
The report has segmented the global meter data management system market on the basis of component type, utility type, application, deployment type, end-user and region.
Breakup by Component Type:
Hardware
Software and Services
Breakup by Utility Type:
Electricity
Gas
Water
Breakup by Application:
Smart Grid
Microgrid
Energy Storage
EV Charging
Others
Breakup by Deployment Type:
Cloud-based
On-premises
Breakup by End-User:
Residential
Commercial
Industrial
Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (Egypt, United Arab Emirates, Saudi Arabia, Turkey, Qatar, Iran, Others)
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Key Highlights of the Report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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