Industry Background:
Tenant Billing System is software solution which uses automated billing meters to calculate and collect the consumption data. Based on the similar data, the Tenant Billing systems send automated digital invoices. The tenant billing system market’s growth is based on growth of power demand, and increasing adoption of digital solutions. Similarly, enhanced focus by the governments worldwide in field of smart grid systems has also led to adoption of tenant billing systems. North America is currently the largest market of the Tenant Billing system.This growth is primarily driven by Growth of the Power Demand
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | -2027 |
Volume Unit | N |
Value Unit | USD (Million) |
Key Companies in Study | Aquicore, Inc. (United States), Innago LLC (United States), Honeywell International Inc. (United States), AZZO Pty Ltd (Australia), Entronix Energy Management, Inc. (United States), MACH Energy Inc. (United States), Enertiv (United States), Energy Hippo, Inc. (United States), Semsys (India) and Wipro Ltd. (India) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Business Services sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Aquicore, Inc. (United States), Innago LLC (United States), Honeywell International Inc. (United States), AZZO Pty Ltd (Australia), Entronix Energy Management, Inc. (United States), MACH Energy Inc. (United States), Enertiv (United States), Energy Hippo, Inc. (United States), Semsys (India) and Wipro Ltd. (India), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In 2019, Aquicore, Inc., a leading commercial real estate software developer has announced acquisition of Entic, which is a prescriptive analytics solution provider. Entic’s Solutions allows selection of peak performing assets for better financial prospective. The combination of the two companies will lead into world class software and other solutions offered to the commercial real estate market.
In 2020, Wipro Ltd., India based multinational IT company has announced launch of its new tenant acquisition management solution, which the company states will act as a extension to the German Giant SAP SE’s SAP Customer Experience’ and SAP S/4HANA software. This will help Wipro tap the large scale potential of end to end business processes solutions in real estate.
Tenant Billing System Market Dynamics:
Attributes | Details |
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Growth Drivers | - Growth of the Power Demand
- Increasing Adoption of Digital Solutions by Real Estate and Energy Market
- Enhanced Focused on Smart Grid Systems
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Influencing Trends | - Commercial Account for Larger Market Share
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Restraints | - Glitches Related to Software Development
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Road Blocks / Challenges | - Data Breach like Incidents may lead to Leakage of Confidential Personal and Financial Data
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Gaps & Opportunities | - Residential Sector has Huge Opportunity to Capitalise on
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AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Tenant Billing System Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the medium utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Tenant Billing System Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, SEC filings of Tenant Billing System players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Tenant Billing System Study Sheds Light on
The Tenant Billing System Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Tenant Billing System industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Tenant Billing System industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.