The report is furnished with the latest updates about the current market scenario with regards to the COVID-19 pandemic. The report considers COVID-19 as a key contributor to the dynamically altered market scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.
However, the report takes into account the current COVID-19 impact on the global economy and this particular business sector. The global Meter Data Management System market growth has been extensively hampered by the current economic situation triggered by the COVID-19 pandemic.
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Competitive Landscape:
Key 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.
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The report addresses the following key points:
The report estimates the expected market size from 2021-2028
The report provides a forecast of market drivers, restraints, and future opportunities for the Meter Data Management System market
The report further analyses the changing market dynamics
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)
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