MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET 2019-2027

ICT | IT Hardware and data centers

MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET 2019-2027

Market By Component, Deployment, Application, And Geography | Forecast 2019-2027

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According to Triton Market Research, the smart meter data management market in the Middle East and Africa is expected to grow exponentially at a CAGR of 16.60% for the forecasting period of 2019-2027.

Following are the countries that are included in the smart meter data management market analysis of the Middle East and Africa region:

•           The United Arab Emirates

•           South Africa

•           Saudi Arabia

•           Turkey

•           Rest of MEA

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Governments in the Middle East have realized the need to upgrade their grid network to line up with international standards and have started implementing subsidy reform policies and establishing mechanisms to provide funding for energy modernization. This has resulted in overcoming market challenges such as poor planning, lack of adequate funding, high non-technical losses due to energy theft, unstabilized energy supply & demand, and poor consumer energy.

Many telecom companies are building communication infrastructure to enable smart grids and ensure timely, safe, and secure transfer of data. For instance, The Kuwait Ministry of Electricity and Water (MEW) has collaborated with local telecom firms, business consultants, smart grid vendors, and system integrators to deploy 1.1 million smart meters for water & electricity.

The United Arab Emirates is predicted to be the fastest-growing country in the smart meter data management market during the forecasted period. The country’s energy sector, under its Energy Strategy 2050, has also been transitioning from electricity generation systems by 100% gas power plants to 100% nuclear-powered, solar-powered, and powered by other renewables. This initiative would help in substantially reducing the carbon emission and increase clean energy consumption by 50%. The smart meter data management market in the Middle East and Africa is anticipated to be promising in terms of revenue.

Siemens AG is one of the largest technology companies which focuses on segments such as electrification, automation, and digitalization. The company is a leading supplier of systems for power generation and transmission, as well as medical diagnosis. It functions in various areas, such as power and gas; power and renewables; energy management; building technologies; healthcare; finance; consumer products & service, etc. The company has its business operations across the Middle East, Africa, the Americas, Europe, and the Asia-Pacific.

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Table of Content

1. MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET -SUMMARY

2. INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. KEY INSIGHTS

2.2.1. IN THE SOFTWARE SEGMENT METER DATA ANALYTICS WILL SHOW PROMISING TRENDS

2.2.2. INCREASED INITIATIVES TO DEVELOP SMART CITIES WILL HELP THE MARKET TO GROW

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1.   THREAT OF NEW ENTRANTS

2.3.2.   THREAT OF SUBSTITUTE

2.3.3.   BARGAINING POWER OF SUPPLIERS

2.3.4.   BARGAINING POWER OF BUYERS

2.3.5.   THREAT OF COMPETITIVE RIVALRY

2.4. KEY IMPACT ANALYSIS

2.4.1.   COST

2.4.2.   INTEROPERABILITY

2.4.3.   BRAND NAME OF THE COMPANY

2.5. MARKET ATTRACTIVENESS INDEX

2.6. VENDOR SCORECARD

2.7. MARKET DRIVERS

2.7.1.   GROWTH IN ADOPTION OF SMART METERS

2.7.2.   IMPLEMENTATION OF ADVANCED METERING INFRASTRUCTURE ON THE RISE

2.8. MARKET RESTRAINTS

2.8.1.   INTEGRATION CHALLENGES

2.8.2.   HIGH COST OF INSTALLATION

2.9. MARKET OPPORTUNITIES

2.9.1.   INCENTIVES AND SUPPORT FROM GOVERNMENTS

2.10. MARKET CHALLENGES

2.10.1.                SECURITY CONCERNS

3. MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET OUTLOOK - BY COMPONENT

3.1. SOFTWARE

3.1.1.   METER DATA MANAGEMENT SYSTEM

3.1.2.   METER DATA ANALYTICS

3.1.3.   COMMUNICATION SOFTWARE

3.2. SERVICE

3.2.1.   CONSULTING

3.2.2.   PROJECT MANAGEMENT

3.2.3.   IMPLEMENTATION & INTEGRATION

3.2.4.   OTHER SUPPORT SERVICES

4. MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET OUTLOOK - BY DEPLOYMENT TYPE

4.1. CLOUD BASED

4.2. ON-PREMISE

5. MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET OUTLOOK - BY APPLICATION

5.1. ELECTRIC

5.2. GAS

5.3. WATER

6. MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET – REGIONAL OUTLOOK

6.1. UNITED ARAB EMIRATES

6.2. TURKEY

6.3. SAUDI ARABIA

6.4. SOUTH AFRICA

6.5. REST OF MIDDLE EAST & AFRICA

7. COMPANY PROFILES

7.1. ACLARA TECHNOLOGIES LLC (ACQUIRED BY HUBBELL INCORPORATED)

7.2. ARAD GROUP

7.3. ELECTSOLVE TECHNOLOGY SOLUTIONS & SERVICES, INC.

7.4. ELSTER SOLUTIONS (ACQUIRED BY HONEYWELL INTERNATIONAL INC.)

7.5. ENORO AB (ACQUIRED BY HANSEN TECHNOLOGIES)

7.6. ITRON INC.

7.7. LANDIS+GYR GROUP

7.8. ORACLE UTILITIES (OPOWER)

7.9. SIEMENS AG

7.10.TRILLIANT HOLDINGS INC.

7.11.EATON CORPORATION

7.12.DIEHL

7.13.SCHNEIDER ELECTRIC SE

7.14.KAMSTRUP

7.15.SENSUS (XYLEM)

8.    RESEARCH METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.2. SOURCES OF DATA

8.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET, BY COMPONENT, 2019-2027 (IN $ MILLION)

TABLE 4: MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET, BY SOFTWARE, 2019-2027 (IN $ MILLION)

TABLE 5: MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET, BY SERVICES, 2019-2027 (IN $ MILLION)

TABLE 6: MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2019-2027 (IN $ MILLION)

TABLE 7: MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)

TABLE 8: MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

List of Figures

FIGURE 1: PORTER’S FIVE-FORCE ANALYSIS

FIGURE 2: KEY BUYING IMPACT ANALYSIS

FIGURE 3: MARKET ATTRACTIVENESS INDEX

FIGURE 4: MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET, BY SOFTWARE, 2019-2027 (IN $ MILLION)

FIGURE 5: MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET, BY METER DATA MANAGEMENT SYSTEM, 2019-2027 (IN $ MILLION)

FIGURE 6: MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET, BY METER DATA ANALYTICS, 2019-2027 (IN $ MILLION)

FIGURE 7: MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET, BY COMMUNICATION SOFTWARE, 2019-2027 (IN $ MILLION)

FIGURE 8: MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET, BY SERVICE, 2019-2027 (IN $ MILLION)

FIGURE 9: MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET, BY CONSULTING, 2019-2027 (IN $ MILLION)

FIGURE 10: MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET, BY PROJECT MANAGEMENT, 2019-2027 (IN $ MILLION)

FIGURE 11: MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET, BY IMPLEMENTATION & INTEGRATION, 2019-2027 (IN $ MILLION)

FIGURE 12: MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET, BY OTHER SUPPORT SERVICES, 2019-2027 (IN $ MILLION)

FIGURE 13: MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET, BY CLOUD-BASED, 2019-2027 (IN $ MILLION)

FIGURE 14: MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET, BY ON-PREMISE, 2019-2027 (IN $ MILLION)

FIGURE 15: MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET, BY ELECTRIC, 2019-2027 (IN $ MILLION)

FIGURE 16: MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET, BY GAS, 2019-2027 (IN $ MILLION)

FIGURE 17: MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET, BY WATER, 2019-2027 (IN $ MILLION)

FIGURE 18: MIDDLE EAST AND AFRICA SMART METER DATA MANAGEMENT MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 19: UNITED ARAB EMIRATES SMART METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)

FIGURE 20: TURKEY SMART METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)

FIGURE 21: SAUDI ARABIA SMART METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)

FIGURE 22: SOUTH AFRICA SMART METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)

FIGURE 23: REST OF MIDDLE EAST & AFRICA SMART METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)

 

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