Press release
Outage management system market to Exhibit a Remarkable CAGR of 16.60% by 2028, Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook
Outage management system market is expected to reach USD 3,365.57 million by 2028, witnessing market growth at a rate of 16.60% in the forecast period of 2021 to 2028. Data Bridge Market Research report on outage management system market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market's growth.Outage management systems is a tool to recognise and enhance the efficacy of consumer restoration and communication. OMS integrates with systems such as supervisory control and data acquisition system (SCADA), automatic meter reading (AMR), distribution automation (DA) system, customer information system (CIS), interactive voice response system (IVR), advanced metering infrastructure (AMI) and geographic information system (GIS) for outage management.
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The major players covered in the outage management system market report are ABB; General Electric; Oracle; Schneider Electric; Siemens; CGI Inc; Advanced Control Systems, Inc.; FUTURA SYSTEMS, INC.; Intergraph Corporation; Milsoft Utility Solutions.; Survalent Technology Corporation; S&C Electric Company; Open Systems International, Inc.; FirstEnergy Corp.; Hexagon AB; Kaihen.; Westinghouse Electric Company LLC.; Power System Engineering, Inc.; Ripley Power & Light Company; SEDC.; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Global Outage Management System Market Scope and Market Size
Outage management system market is segmented on the basis of component, type, application and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Outage management system market on the basis of component has been segmented as software system, and communication system.
Based on type, the outage management system market has been segmented into standalone OMS, and integrated OMS. Integrated OMS segment will hold the largest share in the growth of the market due to the shifting interest towards advanced applications, such as advanced distribution management system (ADMS).
Outage management system has also been segmented on the basis of end user into public utilities, and private utilities. Public utilities segment will hold the largest share in the growth of the market due to the provision of outage management systems at reasonable rates as compared to private utilities.
Based on application, the outage management system market has been segmented into commercial, industrial, and household.
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