NORTH AMERICA SMART METER DATA MANAGEMENT MARKET FORECAST 2020-2028

  • You are here:
  • Home
  • Reports
  • NORTH AMERICA SMART METER DATA MANAGEMENT MARKET FORECAST 2020-2028

NORTH AMERICA SMART METER DATA MANAGEMENT MARKET FORECAST 2020-2028

The market of smart meter data management of North America is evaluated to grow at a CAGR of 14.87% over the projected period, 2020-2028. As of 2019, the North American market contributed the maximum revenue share, and is expected to dominate the market throughout the forecast period. Due to advanced metering infrastructure for ambitious, smart grid systems installations, North America has witnessed the highest penetration of smart meter reading across the globe. In order to research the smart meter data management market further, the North American market region is divided into the regions of the US and Canada. In the US, 86.8 million advanced (smart) metering infrastructure (AMI) were installed by electric utilities in 2018, out of which 88% of the AMI installations were residential.

NORTH AMERICA SMART METER DATA MANAGEMENT MARKET FORECAST 2020-2028

North America Smart Meter Data Management Market by Component (Software, Services) by Deployment Type (Cloud-based, on-premise) by Application (Electric, Gas, Water) by Geography.

Request free sample

The market of smart meter data management of North America is evaluated to grow at a CAGR of 14.87% over the projected period, 2020-2028. As of 2019, the North American market contributed the maximum revenue share, and is expected to dominate the market throughout the forecast period. Due to advanced metering infrastructure for ambitious, smart grid systems installations, North America has witnessed the highest penetration of smart meter reading across the globe.

In order to research the smart meter data management market further, the North American market region is divided into the regions of the US and Canada. In the US, 86.8 million advanced (smart) metering infrastructure (AMI) were installed by electric utilities in 2018, out of which 88% of the AMI installations were residential. AMI entails meters that measure and record usage of electricity at hourly intervals, providing data to both, utility and utility customers, once a day. AMI is capable of recording and transmitting instantaneous data.

Many arguments are given in favor of not installing a smart meter. The smart meters emit electromagnetic waves, which is a concern for health. However, the American Cancer Society has stated that the radiation emitted by smart meters is the same as that of a cell phone. Moreover, most smart meters are installed outside the home, so there is less exposure than a cellphone or wristwatch, or any other smart device used inside the home. This may restrain the growth of the market. However, the increasing adoption of smart meters and their quick implementation is steering the market growth in the region.

Itron, Inc., headquartered in Liberty Lake, Washington, US, provides solutions for collecting, analyzing, and communicating electric, gas, and water usage data and operates throughout the world. It manufactures, markets, installs, and designs hardware, software, and integrated systems for handheld automatic reading systems and computer-based electronic meter reading systems. The company’s electricity manufacturing facilities are situated in the Middle East and Africa, North America, and Europe.

To request a free sample copy of this report, please complete the form below :

We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.

  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF MARKET STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & FORECAST
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • PARENT MARKET ANALYSIS: SMART METER MARKET
    • MARKET SCOPE & MARKET DEFINITION
    • MARKET DRIVERS
      • GROWTH IN ADOPTION OF SMART METERS
      • DEVELOPMENT OF ADVANCED METERING INFRASTRUCTURE ON THE RISE
      • INCENTIVES AND SUPPORT FROM GOVERNMENTS
    • MARKET RESTRAINTS
      • SECURITY CONCERNS
      • INTEGRATION CHALLENGES
      • HIGH COST OF INSTALLATION
  1. KEY ANALYTICS
    • PORTER’S FIVE FORCE ANALYSIS
      • NEW ENTRANTS
      • SUBSTITUTION
      • SUPPLIERS POWER
      • BUYERS POWER
      • INDUSTRIAL RIVALRY
    • KEY BUYING CRITERIA
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • KEY INVESTMENT INSIGHTS
  2. MARKET BY COMPONENT
    • SOFTWARE
      • MDMS (METER DATA MANAGEMENT SYSTEM)
      • MDA (METER DATA ANALYTICS)
      • COMMUNICATION SOFTWARE
    • SERVICES
      • CONSULTING
      • PROJECT MANAGEMENT
      • IMPLEMENTATION AND INTEGRATION
      • OTHER SUPPORT SERVICES
  1. MARKET BY DEPLOYMENT TYPE
    • CLOUD BASED
    • ON-PREMISE
  2. MARKET BY APPLICATION
    • ELECTRIC
    • GAS
    • WATER
  3. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
  1. COMPANY PROFILES
    • ACLARA TECHNOLOGIES LLC (ACQUIRED BY HUBBEL INCORPORATED)
    • ARAD GROUP
    • ELECTSOLVE TECHNOLOGY SOLUTIONS & SERVICES, INC.
    • ELSTER SOLUTIONS (ACQUIRED BY HONEYWELL INTERNATIONAL INC.)
    • ENORO AB (ACQUIRED BY HANSEN TECHNOLOGIES)
    • ITRON INC.
    • LANDIS+GYR GROUP
    • ORACLE UTILITIES (OPOWER)
    • SIEMENS AG
    • TRILLIANT HOLDINGS
    • EATON CORPORATION
    • DIEHL
    • SCHNEIDER ELECTRIC
    • KAMSTRUP
    • SENSUS (XYLEM)

LIST OF TABLES

TABLE 1: SMART METER DATA MANAGEMENT MARKET SNAPSHOT

TABLE 2: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, BY COMPONENT, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 3: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, BY COMPONENT, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 4: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, BY SOFTWARE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 5: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, BY SOFTWARE, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 6: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, BY SERVICES, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 7: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, BY SERVICES, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 8: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, BY DEPLOYMENT TYPE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 9: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2020-2028 (IN $ MILLION)

TABLE 10: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 11: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, BY APPLICATION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 12: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 13: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: PORTER’S FIVE-FORCE ANALYSIS

FIGURE 2: KEY BUYING IMPACT ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VENDOR LANDSCAPE

FIGURE 5: KEY INVESTMENT INSIGHTS

FIGURE 6: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, GROWTH POTENTIAL, BY COMPONENT (IN 2019)

FIGURE 7: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, BY SOFTWARE, 2020-2028 (IN $ MILLION)

FIGURE 8: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, GROWTH POTENTIAL, BY SOFTWARE (IN 2019)

FIGURE 9: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, BY MDMS, 2020-2028 (IN $ MILLION)

FIGURE 10: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, BY MDA, 2020-2028 (IN $ MILLION)

FIGURE 11: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, BY COMMUNICATION SOFTWARE, 2020-2028 (IN $ MILLION)

FIGURE 12: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, BY SERVICES, 2020-2028 (IN $ MILLION)

FIGURE 13: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, GROWTH POTENTIAL, BY SERVICES (IN 2019)

FIGURE 14: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, BY CONSULTING, 2020-2028 (IN $ MILLION)

FIGURE 15: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, BY PROJECT MANAGEMENT, 2020-2028 (IN $ MILLION)

FIGURE 16: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, BY IMPLEMENTATION & INTEGRATION, 2020-2028 (IN $ MILLION)

FIGURE 17: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, BY OTHER SUPPORT SERVICES, 2020-2028 (IN $ MILLION)

FIGURE 18: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, GROWTH POTENTIAL, BY DEPLOYMENT TYPE (IN 2019)

FIGURE 19: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, BY CLOUD BASED, 2020-2028 (IN $ MILLION)

FIGURE 20: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, BY ON PREMISE, 2020-2028 (IN $ MILLION)

FIGURE 21: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, GROWTH POTENTIAL BY APPLICATION (IN 2019)

FIGURE 22: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, BY ELECTRIC, 2020-2028 (IN $ MILLION)

FIGURE 23: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, BY GAS, 2020-2028 (IN $ MILLION)

FIGURE 24: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, BY WATER, 2020-2028 (IN $ MILLION)

FIGURE 25: NORTH AMERICA SMART METER DATA MANAGEMENT MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 26: UNITED STATES SMART METER DATA MANAGEMENT MARKET, 2020-2028 (IN $ MILLION)

FIGURE 27: CANADA SMART METER DATA MANAGEMENT MARKET, 2020-2028 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
  1. MARKET BY COMPONENT
    • SOFTWARE
      • MDMS (METER DATA MANAGEMENT SYSTEM)
      • MDA (METER DATA ANALYTICS)
      • COMMUNICATION SOFTWARE
    • SERVICES
      • CONSULTING
      • PROJECT MANAGEMENT
      • IMPLEMENTATION AND INTEGRATION
      • OTHER SUPPORT SERVICES
  1. MARKET BY DEPLOYMENT TYPE
    • CLOUD BASED
    • ON-PREMISE
  2. MARKET BY APPLICATION
    • ELECTRIC
    • GAS
    • WATER

To request a free sample copy of this report, please complete the form below :

We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.

Choose License Type

Buy Now