Smart Meter Data Management Market by Component (Software and Services), and Deployment Type (Cloud and On-premise) - Global Opportunity Analysis and Industry Forecast, 2021-2027

ID: VPR/ICT/259 Publishing Year: February 2021 Pages: 152 Format:   


Market Overview:

The Smart Meter Data Management Market was valued at $XXX billion in2019, and it is expected to reach $XXX billion by 2027, registering a CAGR of XX% from 2021 to 2027. Smart Metering Systems deliver large quantity of data which are managed and analyzed by meter data management. These Meter Data Management Systems provide Smart meter deployment planning and management. It has automated provisions such as addition, deletion and updating of meter information at utility and automatic meter reading (AMR) side. Smart Meter Data Management also includes other features such as Meter-to-Cash system, workforce management system, asset management and other systems.

Developed metering infrastructure technologies, incentives & efforts from government across the globe, increase in need for prescriptive & predictive analytics, and increase in the volume of meter data are the factors driving the market of Smart Meter Data Management Market. The benefits like detection of energy theft, estimate meter readings, and better overall energy efficiency are fueling the market growth. However, costs related to services such as maintenance, upgradation, consulting, and integration are major factors hampering the Smart Meter Data Management Market. Smart Meters help in accurately monitoring gas, water, and electricity usage and send the usage information data to the benefit of the company. The growing initiatives of smart city is also growing the demand of smart meter data management. Smart Meters help to efficiently manage electricity consumption & costs and make informed decisions about the usage of appliances & other electrical devices.

Segment Overview:

The Smart Meter Data Management Market is segmented by component and deployment.

Component Insights:

The component is divided into software and services. Meter Data Management System (MDMS), meter data analytics (MDA), and software communication are the advantages by the software systems by smart meter data management. The services like Meter Data Management System edits and verifies the received data, then normalize, aggregate, and make the data available to IT applications. Additionally, the systems provides a platform for building service-oriented architectures (SOA) for rapid deployment and low-cost integration of new capabilities. It provides many more services like meter and network asset monitoring and management, smart meter deployment planning and management, workforce management system, asset management, automated smart meter provisioning and billing reduction, meter-to-cash system and other systems.

Deployment Insights:

The deployment segment is categorized into cloud and on-premise. Meter Data Management (MDM) system integrates benefits Advanced Metering Infrastructure (AMI) with their daily processes like billing, contract management and customer service. Cloud based smart meters are changing the approach of metering and overcoming the challenges of traditional meters. Cloud-based platforms includes ability to take advantage of the infrastructure needed to handle large size of data without the requirement for sizeable up-­front expense. A cloud-­based system also provides facility to utilities keen to ‘try before they buy’. 

Smart Meter Data Management Market Key Segments:

By Component

  • Software
    • MDMS
      • By Application
        • Electric
        • Gas
        • Water
    • MDA
    • Communication Software
  • Services
    • Consulting Services
    • Project Management Services
    • Implementation and Integration Services
    • Other Support Services

By Deployment Type

  • Cloud
  • On-premise

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Russia
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

TABLE OF CONTENTS:

CHAPTER 1 MARKET INTRODUCTION

1.1. REPORT OVERVIEW

1.2. SCOPE OF THE STUDY

1.3. PRIMARY MARKET SEGMENTS

1.4. RESEARCH METHODOLOGY

CHAPTER 2 EXECUTIVE SUMMARY

2.1. C-LEVEL EXECUTIVE’S OVERVIEW AND PERSPECTIVES

CHAPTER 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE

3.2. PRINCIPAL FINDINGS

3.2.1. Key investment pockets

3.2.2. Leading winning strategies

  3.2.3 Key Player Positioning

3.3. PORTERS FIVE FORCES OF COMPETITIVE ANALYSIS

 3.4. MARKET DYNAMICS

3.4.1. Drivers

3.4.2. Restraints

3.4.3. Opportunities

3.4.4. Impact Analysis

3.5. IMPACT OF COVID-19 ON THIS MARKET

CHAPTER 4 SMART METER DATA MANAGEMENT MARKET, BY COMPONENT

4.1. SYNOPSIS

4.1.1. Market size and forecast

4.2. SERVICE

4.2.1. Key market trends

4.2.2. Growth factors and opportunities

4.2.3. Market size and forecast

4.3. SOLUTION

4.3.1. Key market trends

4.3.2. Growth factors and opportunities

4.3.3. Market size and forecast

CHAPTER 5 SMART METER DATA MANAGEMENT MARKET, BY DEPLOYMENT

5.1. SYNOPSIS

5.1.1. Market size and forecast

5.2. ON-PREMISE

5.2.1. Key market trends

5.2.2. Growth factors and opportunities

5.2.3. Market size and forecast

5.3. CLOUD

5.3.1. Key market trends

5.3.2. Growth factors and opportunities

5.3.3. Market size and forecast

CHAPTER 6 SMART METER DATA MANAGEMENT MARKET, BY REGION

6.1 SYNOPSIS

  6.1.1. Market size and forecast

6.2 North America

6.2.1 Key market trends

6.2.2 Competitive scenario

6.2.3 Key growth factors and opportunities

6.2.4 Market size and forecast

6.3 Europe

6.3.1 Key market trends

6.3.2 Competitive scenario

6.3.3 Key growth factors and opportunities

6.3.4 Market size and forecast

6.4 Asia Pacific

6.4.1 Key market trends

6.4.2 Competitive scenario

6.4.3 Key growth factors and opportunities

6.4.4 Market size and forecast

6.5 LAMEA

6.5.1 Key market trends

6.5.2 Key growth factors and opportunities

6.5.3 Market size and forecast

CHAPTER 7 COMPANY PROFILES

7.1. Oracle Corporation

7.1.1. Company overview

7.2.2. Company snapshot

7.1.3. Product portfolio

7.1.4. Business performance

7.1.5. Key strategic moves and developments

7.2 Arad Group

7.2.1. Company overview

7.2.2. Company snapshot

7.2.3. Operating business segments

7.2.4. Product portfolio

7.2.5. Business performance

7.2.6. Key strategic moves and developments

7.3. Trilliant Holdings Inc.

7.3.1. Company overview

7.3.2. Company snapshot

7.3.3. Operating business segments

7.3.4. Product portfolio

7.3.5. Business performance

7.3.6. Key strategic moves and developments

7.4. Elster Group GmbH

7.4.1. Company overview

7.4.2. Company snapshot

7.4.3. Operating business segments

7.4.4. Product portfolio

7.4.5. Business performance

7.4.6. Key strategic moves and developments

7.5. Telefonaktiebolaget LM Ericsson

7.5.1. Company overview

7.5.2. Company snapshot

7.5.3. Operating business segments

7.5.4. Product portfolio

7.5.5. Business performance

7.5.6. Key strategic moves and developments

7.6.  Itron

7.6.1. Company overview

7.6.2. Company Snapshot

7.6.3. Operating business segments

7.6.4. Product portfolio

7.6.5. Business performance

7.6.6. Key strategic moves and developments

7.7. Siemens AG

7.7.1. Company overview

7.7.2. Company snapshot

7.7.3. Operating business segments

7.7.4. Product portfolio

7.7.5. Business performance

7.7.6. Key strategic moves and developments

7.8. Aclara Technologies LLC

7.8.1. Company overview

7.8.2. Company snapshot

7.8.3. Operating business segments

7.8.4. Product portfolio

7.8.5. Business performance

7.8.6. Key strategic moves and developments

7.9. ElectSolve Technology Solutions & Services Inc.

7.9.1. Company overview

7.9.2. Company snapshot

7.9.3. Operating business segments

7.9.4. Product portfolio

7.9.5. Business performance

7.9.6. Key strategic moves and developments


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( +91-935-919-4956 )

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