The global meter data management system market size is expected to reach USD 1,040.9 Million in 2028 at a steady CAGR, according to latest analysis by Emergen Research. Major factors driving market revenue growth are increasing need to detect energy theft, rising focus and investment by governments in meter data management solutions, increasing application of more advanced metering infrastructure, rapid installation of smart grids, and growing need to enhance energy usage and reduce energy wastage.
The report assesses the profound changes in this business setting caused by the outbreak and considers the prominent market aspects that have been severely disrupted by the pandemic. The report thus expounds on the rapidly changing market scenario in this COVID-19 era, which aims to help businesses involved in this sector overcome the pandemic’s gripping effects and formulate new growth strategies to boost the COVID-19 preparedness.
Get a sample of the report @ https://www.emergenresearch.com/request-sample/864
Competitive Outlook:
Additionally, the report presents a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry.
Leading Players Profiled in the Report:
Itron, Siemens, Landis+Gyr, Honeywell, Schneider Electric, ABB, Eaton, Kamstrup, DIEHL, and Alcara..
Global Meter Data Management System Market Segmentation
Emergen Research has segmented the global meter data management system market based on component, utility, application, end use, and region:
Component Outlook (Revenue, USD Million; 2018–2028)
Software
Hardware
Utility Outlook (Revenue, USD Million; 2018–2028)
Gas
Electricity
Water
Application Outlook (Revenue: USD Million; 2018–2028)
Micro Grid
Smart Grid
EV Charging
Energy Storage
End Use Outlook (Revenue: USD Million; 2018–2028)
Commercial Industrial
Residential
Some Key Highlights from the Report
In July 2021, CrescoNet acquired Smart Earth Technologies. This acquisition will help CrescoNet to expand its water utility product portfolio by adding product line of Smart Earth Technologies that includes integrated, battery-operated, cellular endpoint transceivers, valves, installation tools, LTE infrastructure, and cloud software for meter data management, and customer information systems.
Software segment is expected to register faster CAGR over the forecast period. This can be attributed to rising adoption of smart meters and increasing need for more accurate and efficient energy monitoring and management, format, and process for meter data for accurate billing.
Asia Pacific is expected to register fastest revenue CAGR throughout the forecast period. Increasing urbanization, increasing number of SMEs, and rising adoption of smart grid networks are key factors propelling revenue growth of the market in this region.
Request a discount on the report @ https://www.emergenresearch.com/request-discount/864
The report addresses the following key points:
Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
Extensive competitive landscape mapping with profiles of the key competitors
In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
Revenue forecast, country scope, application insights, and product insights
Regional Segmentation
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
In conclusion, the report provides a qualitative and quantitative analysis of the Global Meter Data Management System market, including the global and regional analysis of the market. The study covers critical information and factual data about the Meter Data Management System industry, along with an in-depth statistical analysis of the market drivers, limitations, growth prospects, opportunities, and threats. On the basis of the current market scope, the report provides an extensive analysis of how the Meter Data Management System market is expected to fare in the forecast timeline. The report utilizes advanced analytical tools to offer an estimation of the outlook of the global state of the Meter Data Management System industry.
Request customization of the report @ https://www.emergenresearch.com/request-for-customization/864
Thank you for reading our report. To request a customization or for further inquiries, kindly get in touch with us. Our team will ensure the report is tailored meet to your needs.
Take a Look at our Related Reports:
Radiofrequency-Based Devices Market https://www.digitaljournal.com/pr/radiofrequency-based-devices-market-size-worth-usd-9595-9-million-in-2028-increasing-prevalence-of-chronic-diseases-and-growing-demand-for-minimally-invasive-procedures-are-key-factors-driving-reven
Wireless Display Market https://www.digitaljournal.com/pr/wireless-display-market-trends-revenue-key-players-growth-share-and-forecast-till-2030
Military Drones Market https://www.digitaljournal.com/pr/military-drones-market-research-report-predictable-to-exceed-market-income-shares-and-competitive-landscape-2028
Hydraulic Cylinder Market https://www.digitaljournal.com/pr/hydraulic-cylinder-market-segmentation-industry-analysis-by-production-consumption-revenue-and-growth-rate-by-2030
About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting
Read Press Release@ https://www.emergenresearch.com/press-release/global-meter-data-management-system-market
Latest Report Cancer Tumor Profiling Market Pharmacovigilance Market
Trending Title Sensor Fusion Market Industrial Control Systems Security Market
