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Smart Grid Managed Services Market Set to High Growth, New Innovative Technologies, Business Opportunities and Forecast 2023 to 2029

07-08-2023 07:54 AM CET | Energy & Environment

Press release from: ReportsandReports

Smart Grid Managed Services Market

Smart Grid Managed Services Market

Smart grid managed services refer to the synchronization of different smart grid software and related hardware technologies. They also include operational services such as deployment of AMIs and smart meters, and integration of renewable energy with the smart grids. The Smart Grid Managed Services research Report is the most comprehensive report available on this market and will help gain a global perspective as it covers 60 geographies. The regional and country breakdowns section analyses the market in each geography and the size of the market by region and country. It also compares the market's historic and forecast growth and highlights significant trends and strategies players can adopt. The report also includes consumer surveys and various future opportunities for the market. The DMS market segment to account for almost 40% of the total market share. A DMS integrates all the systems of the grid and acts as a decision support system. Its ability to take corrective measures, finds faults, and provide useful information to the operator to manage the grid more efficiently will lead to its augmented adoption during the forecast period. Furthermore, with the increasing focus on renewable energy installations and demand-response programs, the demand for DMS will witness a stark increase.

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Competitive Landscape:
Some of the prominent players operating in the Smart Grid Managed Services Market:
- GE-Alstom
- IBM Corp
- Siemens Corp
- Ericsson
- Itron
- Lockheed Martin
- Alcatel-Lucent
- Capgemini SA
- AT&T
- EnerNOC
- Infosys
- Wipro
- FirstCarbon Solutions
- HCL Technologies
- Tendril Networks
- Trilliant Energy Services

Detailed Segmentation:
As a result of the Smart Grid Managed Services market segmentation, the market is divided into sub-segments based on product type, application, as well as regional and country-level forecasts.
By Type:
- Energy Management Systems (EMS)
- Distribution Management Systems (DMS)
- Data Analytics
- Others

By Application:
- Power Utilities
- Independent Power Producers (IPPs)
- Others

Global Smart Grid Managed Services Market, By Region:

This report covers the trends and market dynamics of the Smart Grid Managed Services market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.
North America (United States, Canada)
Europe (Germany, France, U.K., Italy, Russia)
Asia-Pacific (China, Japan, South Korea, Southeast Asia, India, Australia, Taiwan, Indonesia, Thailand, Malaysia)
Latin America (Mexico, Brazil, Colombia, Argentina)
Middle East and Africa (Turkey, Saudi Arabia, UAE)

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The research report also includes the present market and its growth potential in the forecast period. An exhaustive and professional study of the global Smart Grid Managed Services Market report has been completed by industry professionals and presented in the most particular manner to present only the details that matter the most. The report mainly focuses on the most dynamic information about the global market.

The Smart Grid Managed Services Market 2022-2028: Key Highlights
• It covers evaluations at the national and regional levels.
• Recommendations and methods for newcomers
• Industry drivers, constraints, possibilities, risks, difficulties, asset management, and ideas.
• It shows information in a written and graphic format that is easy to interpret and compare.
• Smart Grid Managed Services Market changes are dynamic, such as market expansions, partnerships, market penetration, and mergers.

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