Report forecast the global meter data management market to grow at a
CAGR of 27.4 percent over the period 2014-2019.
A meter data management system is mainly used to collect meter
readings from advanced and automated metering systems. The system accurately
collects data and helps generate bills with minimum manual interference. It is
considered as the backbone of an AMI system and a key constituent of smart
grid. Meter data management system is the key component of smart grid
infrastructure that helps in managing data collection from AMI. A meter data
management system imports, validates, and processes data before they can be
used for billing and analysis. This system is the central components of smart
metering solutions, resulting in its increased demand.
The report covers the present scenario and the growth prospects of the
global meter data management market for the period 2015-2019. The report
includes the segmentation of the market based on application and geography.
According to the report, the need to reduce electricity theft has
increased globally, which is fueling the demand for smart meters. The MDM
software used in these smart meters facilitate better control and close
monitoring of electricity and other utilities. This helps end-users avoid meter
tampering and reduces disturbances in power distribution.
Further, the report states that issues pertaining to data management
have increased. Smart meters generate huge data volumes at frequent intervals,
which makes it difficult for power utilities to arrive at useful conclusions
regarding power usage patterns.
Global Meter Data Management Market 2015-2019, has been prepared based
on an in-depth market analysis with inputs from industry experts. The report
covers the market landscape and its growth prospects in the coming years. The
report includes a discussion of the key vendors operating in this market.
Key players in the global meter data management market: Elster Group
SE, Itron Inc., Landis+Gyr AG, Oracle Corp. and Siemens AG.
Other Prominent Vendors in the market are: Aclara Software, Cuculus,
ElectSolve Technology Solutions & Services, Enoro, Ferranti Computer
Systems, Gruppo Engineering, Harris Utilities, North Star Utilities Solutions,
OSIsoft, Powel and Robotron Datenbank-Software
Market Driver
- Reduction in Electricity Theft
- For a full, detailed list, view our report
Market Challenge
- Data Management Issues
- For a full, detailed list, view our report
Market Trend
- Support from Regulatory Authorities
- For a full, detailed list, view our report
Key Questions Answered in this
Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 72 pages, “Global
Meter Data Management Market 2015-2019” report covers Executive Summary, List of
Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market
Landscape, Market Segmentation by Application, Geographical Segmentation, Key
Leading Countries, Buying Criteria, Market Growth Drivers, Drivers and their
Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends,
Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
For
further information on this report, please visit-
http://mrr.cm/4eF
Find all Energy and Utilities
Reports at: http://www.marketresearchreports.com/energy-utilities
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