Market By Component, Deployment Type, Application And Geography | Forecast 2019-2027
After a detailed analysis, Triton has concluded that the smart meter data management market would display an upward trend in terms of revenue and estimated to grow at a CAGR of 15.75% from the forecasting years 2019 to 2027. The market was valued at $842.80 million in 2018, and it is predicted to reach $3122.12 million in 2027.
The smart meter data management market includes products & services that are involved in storage and analysis of data generated from smart meters. Smart meter data management software is of three types: meter data management system (MDMS), meter data analysis (MDA), and communication software.
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Growth in the adoption of smart meters is a major driver for the market. Utilities are replacing traditional meters with smart meters owing to its various benefits. The precise usage of data, along with the time of usage, will help the utilities to make policies that will help the industry. Smart meters help the users to reduce their utility bills. For example, Chicago-based ComEd, the largest electric utility, planned to switch its existing four million meters for smart meters by 2018. This plan is expected to save $150 million. The smart meter data management market is directly dependent on the deployments of smart meters. Hence, the growth in the number of smart meters helps the market to grow.
The smart meter data management market report from Triton gives a detailed analysis of market definition, key insights regarding the industry, market attractiveness matrix, vendor scorecard, and Porter’s five force analysis.
Key opportunities, such as incentives and support from governments, are leveraging the market growth over the projected period. For instance, in 2013, the UK Government introduced the smart metering initiative (SMI) as a part of a major plan to upgrade the UK’s energy system. The initiative involved the installation of next-generation meters in all homes and small businesses to measure gas and electricity.
Integration challenges, high cost of installation, and security concerns are the key restraints and challenges that are curbing the growth of the market globally.
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Geographies covered for smart meter data management market:
• North America: the United States and Canada
• Europe: United Kingdom, Germany, France, Italy, Spain, Russia and Rest of Europe
• Asia-Pacific: China, Japan, India, South Korea, ASEAN countries, Australia & New Zealand and Rest of Asia-Pacific
• Latin America: Brazil, Mexico and Rest of Latin America
• The Middle East and Africa: United Arab Emirates, Turkey, Saudi Arabia, South Africa and Rest of the Middle East & Africa
The smart meter data management market, in this report, is segmented as:
• Component is sub-segmented into:
O Software
• MDMS (Meter Data Management System)
• MDA (Meter Data Analytics)
• Communication Software
O Services
• Consulting
• Project Management
• Implementation and Integration
• Other Support Services
• Deployment Type is sub-segmented into:
O Cloud-based
O On-premise
• Application is sub-segmented into:
O Electric
O Gas
O Water
Major players engaged in the smart meter data management market are Aclara Technologies LLC, Arad Group, Electsolve Technology Solutions & Services Inc., Elster Solutions (Acquired by Honeywell International Inc.), Enoro AB (Acquired by Hansen Technologies), Itron Inc., Landys+Gyr Group, Oracle Utilities (Opower), Siemens AG, Trilliant Holdings, Inc., Eaton Corporation Inc., DIEHL, Schneider Electric SE, Kamstrup, and Sensus (XYLEM).
The strategic analysis for each of these companies in the smart meter data management market is covered in detail.
Market by Security Testing Typ ..
VIEW REPORT1. GLOBAL
SMART METER DATA MANAGEMENT MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. KEY
INSIGHTS
2.2.1. ASIA-PACIFIC
IS THE MARKET LEADER
2.2.2. IN
THE SOFTWARE SEGMENT METER DATA ANALYTICS WILL SHOW PROMISING TRENDS
2.2.3. 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. GLOBAL
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. GLOBAL
SMART METER DATA MANAGEMENT MARKET OUTLOOK - BY DEPLOYMENT TYPE
4.1. CLOUD-BASED
4.2. ON-PREMISE
5. GLOBAL
SMART METER DATA MANAGEMENT MARKET OUTLOOK - BY APPLICATION
5.1. ELECTRIC
5.2. GAS
5.3. WATER
6. GLOBAL
SMART METER DATA MANAGEMENT MARKET – REGIONAL OUTLOOK
6.1. NORTH
AMERICA
6.1.1. MARKET
BY COMPONENT
6.1.1.1. MARKET
BY SOFTWARE
6.1.1.2. MARKET
BY SERVICES
6.1.2. MARKET
BY DEPLOYMENT TYPE
6.1.3. MARKET
BY APPLICATION
6.1.4. COUNTRY
ANALYSIS
6.1.4.1. UNITED
STATES
6.1.4.2. CANADA
6.2. EUROPE
6.2.1. MARKET
BY COMPONENT
6.2.1.1. MARKET
BY SOFTWARE
6.2.1.2. MARKET
BY SERVICES
6.2.2. MARKET
BY DEPLOYMENT TYPE
6.2.3. MARKET
BY APPLICATION
6.2.4. COUNTRY
ANALYSIS
6.2.4.1. UNITED
KINGDOM
6.2.4.2. GERMANY
6.2.4.3. FRANCE
6.2.4.4. SPAIN
6.2.4.5. ITALY
6.2.4.6. RUSSIA
6.2.4.7. REST
OF EUROPE
6.3. ASIA-PACIFIC
6.3.1. MARKET
BY COMPONENT
6.3.1.1. MARKET
BY SOFTWARE
6.3.1.2. MARKET
BY SERVICES
6.3.2. MARKET
BY DEPLOYMENT TYPE
6.3.3. MARKET
BY APPLICATION
6.3.4. COUNTRY
ANALYSIS
6.3.4.1. CHINA
6.3.4.2. JAPAN
6.3.4.3. INDIA
6.3.4.4. SOUTH
KOREA
6.3.4.5. ASEAN
COUNTRIES
6.3.4.6. AUSTRALIA
& NEW ZEALAND
6.3.4.7. REST
OF ASIA-PACIFIC
6.4. LATIN
AMERICA
6.4.1. MARKET
BY COMPONENT
6.4.1.1. MARKET
BY SOFTWARE
6.4.1.2. MARKET
BY SERVICES
6.4.2. MARKET
BY DEPLOYMENT TYPE
6.4.3. MARKET
BY APPLICATION
6.4.4. COUNTRY
ANALYSIS
6.4.4.1. BRAZIL
6.4.4.2. MEXICO
6.4.4.3. REST
OF LATIN AMERICA
6.5. MIDDLE
EAST AND AFRICA
6.5.1. MARKET
BY COMPONENT
6.5.1.1. MARKET
BY SOFTWARE
6.5.1.2. MARKET
BY SERVICES
6.5.2. MARKET
BY DEPLOYMENT TYPE
6.5.3. MARKET
BY APPLICATION
6.5.4. COUNTRY
ANALYSIS
6.5.4.1. UNITED
ARAB EMIRATES
6.5.4.2. TURKEY
6.5.4.3. SAUDI
ARABIA
6.5.4.4. SOUTH
AFRICA
6.5.4.5. 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)
TABLE 1: GLOBAL SMART
METER DATA MANAGEMENT MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)
TABLE 2: VENDOR
SCORECARD
TABLE 3: GLOBAL SMART METER
DATA MANAGEMENT MARKET, BY COMPONENT, 2019-2027 (IN $ MILLION)
TABLE 4: GLOBAL SMART
METER DATA MANAGEMENT MARKET, BY SOFTWARE, 2019-2027 (IN $ MILLION)
TABLE 5: GLOBAL SMART
METER DATA MANAGEMENT MARKET, BY SERVICES, 2019-2027 (IN $ MILLION)
TABLE 6: GLOBAL SMART
METER DATA MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2019-2027 (IN $ MILLION)
TABLE 7: GLOBAL SMART
METER DATA MANAGEMENT MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)
TABLE 8: GLOBAL SMART
METER DATA MANAGEMENT MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)
TABLE 9: NORTH AMERICA
SMART METER DATA MANAGEMENT MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 10: NORTH AMERICA
SMART METER DATA MANAGEMENT MARKET, BY COMPONENT, 2019-2027 (IN $ MILLION)
TABLE 11: NORTH AMERICA
SMART METER DATA MANAGEMENT MARKET, BY SOFTWARE, 2019-2027 (IN $ MILLION)
TABLE 12: NORTH AMERICA
SMART METER DATA MANAGEMENT MARKET, BY SERVICES, 2019-2027 (IN $ MILLION)
TABLE 13: NORTH AMERICA
SMART METER DATA MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2019-2027 (IN $ MILLION)
TABLE 14: NORTH AMERICA
SMART METER DATA MANAGEMENT MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)
TABLE 15: EUROPE SMART
METER DATA MANAGEMENT MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 16: EUROPE SMART
METER DATA MANAGEMENT MARKET, BY COMPONENT, 2019-2027 (IN $ MILLION)
TABLE 17: EUROPE SMART
METER DATA MANAGEMENT MARKET, BY SOFTWARE, 2019-2027 (IN $ MILLION)
TABLE 18: EUROPE SMART
METER DATA MANAGEMENT MARKET, BY SERVICES, 2019-2027 (IN $ MILLION)
TABLE 19: EUROPE SMART
METER DATA MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2019-2027 (IN $ MILLION)
TABLE 20: EUROPE SMART
METER DATA MANAGEMENT MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)
TABLE 21: ASIA-PACIFIC
SMART METER DATA MANAGEMENT MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 22: ASIA-PACIFIC
SMART METER DATA MANAGEMENT MARKET, BY COMPONENT, 2019-2027 (IN $ MILLION)
TABLE 23: ASIA-PACIFIC
SMART METER DATA MANAGEMENT MARKET, BY SOFTWARE, 2019-2027 (IN $ MILLION)
TABLE 24: ASIA-PACIFIC
SMART METER DATA MANAGEMENT MARKET, BY SERVICES, 2019-2027 (IN $ MILLION)
TABLE 25: ASIA-PACIFIC
SMART METER DATA MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2019-2027 (IN $
MILLION)
TABLE 26: ASIA-PACIFIC
SMART METER DATA MANAGEMENT MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)
TABLE 27: LATIN AMERICA
SMART METER DATA MANAGEMENT MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 28: LATIN AMERICA
SMART METER DATA MANAGEMENT MARKET, BY COMPONENT, 2019-2027 (IN $ MILLION)
TABLE 29: LATIN AMERICA
SMART METER DATA MANAGEMENT MARKET, BY SOFTWARE, 2019-2027 (IN $ MILLION)
TABLE 30: LATIN AMERICA
SMART METER DATA MANAGEMENT MARKET, BY SERVICES, 2019-2027 (IN $ MILLION)
TABLE 31: LATIN AMERICA
SMART METER DATA MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2019-2027 (IN $
MILLION)
TABLE 32: LATIN AMERICA
SMART METER DATA MANAGEMENT MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)
TABLE 33: MIDDLE EAST
AND AFRICA SMART METER DATA MANAGEMENT MARKET, BY COUNTRY, 2019-2027 (IN $
MILLION)
TABLE 34: MIDDLE EAST
AND AFRICA SMART METER DATA MANAGEMENT MARKET, BY COMPONENT, 2019-2027 (IN $
MILLION)
TABLE 35: MIDDLE EAST
AND AFRICA SMART METER DATA MANAGEMENT MARKET, BY SOFTWARE, 2019-2027 (IN $
MILLION)
TABLE 36: MIDDLE EAST
AND AFRICA SMART METER DATA MANAGEMENT MARKET, BY SERVICES, 2019-2027 (IN $
MILLION)
TABLE 37: MIDDLE EAST
AND AFRICA SMART METER DATA MANAGEMENT MARKET, BY APPLICATION, 2019-2027 (IN $
MILLION)
FIGURE 1: PORTER’S FIVE
FORCES ANALYSIS
FIGURE 2: KEY BUYING
IMPACT ANALYSIS
FIGURE 3: MARKET
ATTRACTIVENESS INDEX
FIGURE 4: GLOBAL SMART
METER DATA MANAGEMENT MARKET, BY SOFTWARE, 2019-2027 (IN $ MILLION)
FIGURE 5: GLOBAL SMART
METER DATA MANAGEMENT MARKET, BY METER DATA MANAGEMENT SYSTEM, 2019-2027 (IN $
MILLION)
FIGURE 6: GLOBAL SMART
METER DATA MANAGEMENT MARKET, BY METER DATA ANALYTICS, 2019-2027 (IN $ MILLION)
FIGURE 7: GLOBAL SMART
METER DATA MANAGEMENT MARKET, BY COMMUNICATION SOFTWARE, 2019-2027 (IN $
MILLION)
FIGURE 8: GLOBAL SMART
METER DATA MANAGEMENT MARKET, BY SERVICE, 2019-2027 (IN $ MILLION)
FIGURE 9: GLOBAL SMART
METER DATA MANAGEMENT MARKET, BY CONSULTING, 2019-2027 (IN $ MILLION)
FIGURE 10: GLOBAL SMART
METER DATA MANAGEMENT MARKET, BY PROJECT MANAGEMENT, 2019-2027 (IN $ MILLION)
FIGURE 11: GLOBAL SMART
METER DATA MANAGEMENT MARKET, BY IMPLEMENTATION & INTEGRATION, 2019-2027
(IN $ MILLION)
FIGURE 12: GLOBAL SMART
METER DATA MANAGEMENT MARKET, BY OTHER SUPPORT SERVICES, 2019-2027 (IN $
MILLION)
FIGURE 13: GLOBAL SMART
METER DATA MANAGEMENT MARKET, BY CLOUD-BASED, 2019-2027 (IN $ MILLION)
FIGURE 14: GLOBAL SMART
METER DATA MANAGEMENT MARKET, BY ON-PREMISE, 2019-2027 (IN $ MILLION)
FIGURE 15: GLOBAL SMART
METER DATA MANAGEMENT MARKET, BY ELECTRIC, 2019-2027 (IN $ MILLION)
FIGURE 16: GLOBAL SMART
METER DATA MANAGEMENT MARKET, BY GAS, 2019-2027 (IN $ MILLION)
FIGURE 17: GLOBAL SMART
METER DATA MANAGEMENT MARKET, BY WATER, 2019-2027 (IN $ MILLION)
FIGURE 18: GLOBAL SMART
METER DATA MANAGEMENT MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 19: UNITED
STATES SMART METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 20: CANADA SMART
METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 21: UNITED
KINGDOM SMART METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 22: GERMANY
SMART METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 23: FRANCE SMART
METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 24: SPAIN SMART
METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 25: ITALY SMART
METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 26: RUSSIA SMART
METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 27: REST OF
EUROPE SMART METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 28: CHINA SMART
METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 29: JAPAN SMART
METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 30: INDIA SMART
METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 31: SOUTH KOREA
SMART METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 32: ASEAN
COUNTRIES SMART METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 33: AUSTRALIA
& NEW ZEALAND SMART METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 34: REST OF
ASIA-PACIFIC SMART METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 35: BRAZIL SMART
METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 36: MEXICO SMART
METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 37: REST OF
LATIN AMERICA SMART METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 38: UNITED ARAB
EMIRATES SMART METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 39: TURKEY SMART
METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 40: SAUDI ARABIA
SMART METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 41: SOUTH AFRICA
SMART METER DATA MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 42: REST OF
MIDDLE EAST & AFRICA SMART METER DATA MANAGEMENT MARKET, 2019-2027 (IN $
MILLION)