The revenue mix of most of the companies of Smart Meter Data Management Market may change in coming time. One of the important factors would be the shift in topline of the clientele that will push them hard to adopt innovation and spend more on R&D to meet ever dynamic evolving requirements. Some of the players who are preparing for their clients future revenue shift will ride the tide, while others might find it challenging to sustain. To cite an in-depth market outlook AMA released its new publication on Smart Meter Data Management Market with coverage over 100+ industry players, some of the profiled players are Honeywell International Inc. (Elster Group GmbH) (United States), Landis+Gyr (Switzerland), Arad Groul (Israel), ElectSolve Technology Solutions & Services, Inc. (United States), Oracle Corporation (United States), Siemens AG (Germany), Eaton Corporation (Ireland), ABB Ltd (Switzerland), Trilliant Holdings, Inc. (United States) and Hansen Technologies Ltd (Enoro Holding A/S) (Norway).
According to the report, Introduction of New Applications Which Rely on Data Such as Grid Optimization and Demand-Side Management is one of the primary growth factors for the market. The rise in Penetration of Advanced Metering Infrastructure Technologies
is also expected to contribute significantly to the Smart Meter Data Management market. Overall, Residential
applications of Smart Meter Data Management, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Meter, such as Electric Meters, is boosting the Smart Meter Data Management market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Deployment, such as On-premises, is boosting the Smart Meter Data Management market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Offering, such as Software, is boosting the Smart Meter Data Management market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Smart Meter Data Management market identified that the demand is rising in many different parts of the world as "Increase in Government Investment in Cloud-Based Smart Meter Data Management Software to Reduce Human Contact". Furthermore, some recent industry insights like "In 2020, Itron, Inc., energy and water management, launched an interface software ISAIM 2.0 for the product Itron Enterprise Edition (IEE) Meter Data Management System (MDMS) version 10.0 has again achieved SAP certification as integrated with SAP S/4HANA. The integration helps utilities reduce the total cost of ownership and lower project implementation costs." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Smart Meter Data Management market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Smart Meter Data Management market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Smart Meter Data Management market tight? Which application/end-user category or Product Type [] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Smart Meter Data Management market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Smart Meter Data Management market size is calculated using market estimation process, the Smart Meter Data Management market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Smart Meter Data Management market size has been validated using both top-down and bottom-up approaches.