Smart Meter Data Management Market
Smart Meter Data Management Market Analysis by Software and Services for Electric Meters, Gas Meters, and Water Meters from 2023 to 2033
Analysis of Smart Meter Data Management Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Smart Meter Data Management Market Outlook (2023 to 2033)
The global smart meter data management market is valued at US$ 1 billion in 2023 and is estimated to surge to US$ 5 billion by the end of 2033, expanding at a noteworthy CAGR of 17.4% from 2023 to 2033 (forecast period).
Smart meter data management refers to the process of gathering, storing, and managing massive volumes of data from different smart metering devices, such as gas meters and water meters.
Several prominent vendors utilize smart meters for various purposes, such as supporting businesses in managing their revenue by raising meter quality and billing accuracy, providing accurate bills to end users, and helping consumers in enhancing their energy efficiency.
Smart meter data management software reduces human errors and provides smart meter data in real-time. This software also incorporates modules such as a labor management system, a meter-to-cash system, asset management, and other capabilities that let businesses manage huge amounts of smart meter data efficiently and quickly.
The outbreak of COVID-19 had a moderate impact on the worldwide market. Several governing authorities globally enacted regulations to prevent the propagation of the COVID-19 virus. Moreover, various nations worldwide halted the implementation of smart city initiatives due to a spike in COVID-positive patients in 2020.
Nevertheless, increased implementation of smart meters around the world to give real-time updates on problematic meters and smart billing systems boosted the market growth in a pandemic situation.
- As per a research study issued in June 2020 by SMS PLC, during the COVID-19-induced lockdown period, about 21.4 million smart meters were installed in the United Kingdom in 2020.
As a result, the government of the United Kingdom selected smart meter data management software to handle the massive volume of data created by these meters, providing a profitable opportunity for market growth.
Moreover, the substantial rise in meter data volume caused by the collection of interval data is pushing utilities to use next-generation meter data management solutions, which is expected to give several market expansion prospects.
- As per a 2019 Edison Foundation analysis, the United States alone records almost one million data points daily from more than 46 million installed smart meters.
Furthermore, the increasing adoption of smart meters in the residential sector is anticipated to boost the generation of data volume from monthly or yearly frequency to daily and even intraday resolution, necessitating the need for smart meter data management software.
As per Fact.MR, a market research and competitive intelligence provider, such factors are projected to raise the global demand for smart meter data management systems over the coming years.
Report Attributes | Details |
---|---|
Smart Meter Data Management Market Size (2023) | US$ 1 Billion |
Projected Market Value (2033) | US$ 5 Billion |
Global Market Growth Rate (2023 to 2033) | 17.4% CAGR |
Asia Pacific Market Share (2022) | 36.7% |
Leading Application Segment | Gas Meters |
Key Companies Profiled | ABB Ltd; Aclara Technologies LLC; Eaton; ElectSolve Technology Inc; Arad Group; Honeywell International Inc |
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Why are Smart Meter Data Management Systems Witnessing High Demand?
“Strong Government Policies & Investments to Promote Grid Digitization”
Government regulations and subsidies for smart meter deployment are propelling market growth.
- In 2017, the US International Trade Commission reported that utility companies are reluctant to spend on smart meter technology in the absence of government regulation or subsidies.
This is owing to utility companies' restricted capital expenditure capabilities. Moreover, utility companies may be uninformed of the long-term advantages of smart meter installation, making the expenditure less appealing. As a result, governments worldwide have responded by enacting a series of legislation and mandates to support the implementation of smart grids and smart meters.
Which Factor Can Limit the Sales of Smart Meter Data Management Systems?
“Substantial Initial Investments Needed”
In contrast to conventional meters, smart meter facilities need substantial initial investment and take a long time to obtain a considerable financial return. As a result, utility firms are struggling to achieve profitability. Moreover, due to the large capital requirements, utility suppliers and energy customers confront major hurdles.
Finance is a significant barrier because the entire program is contingent on the utility's capacity to complete the installation. Furthermore, the necessity to incorporate and update software solutions to increase output, as well as the intricacy of smart meter repair and maintenance, all contribute to operational expenses.
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Country-wise Insights
Why is Demand for Smart Meter Data Management Systems Escalating in Japan & South Korea?
“Increased Government Efforts and Power Losses”
Asia Pacific is dominating the worldwide market. Asia Pacific stood for 36.7% of the global market for smart meter data management systems in 2022. The advent of next-generation metering facilities for extensive smart grid system deployments and a rise in smart meter deployment across the region are driving regional market growth.
Moreover, the rising use of smart meters in different industries such as energy & utilities, manufacturing, and automotive to allow proper energy utilization is boosting the regional market.
The Japanese government has set a goal of monitoring 80% of the country's electricity usage via smart meters during the next five years. The government is also funding four smart city projects through its development fund. This is increasing the demand for smart meter data management systems in the country.
Furthermore, certain parts of South Korea are experiencing increased power losses due to inefficiencies. Installing smart meters can help to address the country's present utility communication systems' poor functioning, especially the labor-intensive process and inaccurate electronic meter readings. This is spurring the demand for smart meter data management systems in South Korea.
What Makes the United States a Profitable Market for Smart Meter Data Management System providers?
“High Presence of Advanced Metering Infrastructure”
Demand for smart meter data management software is rising in North America. The United States is dominating the regional market. Utility firms in the United States have several advanced metering infrastructure (AMI) installations. The AMI system's smart meters help track hourly electrical consumption and send the data to the utility company and the consumer. As a result, smart meter data management software is widely used in the United States to manage data efficiently.
Furthermore, an increase in the volume of meter data, a high demand for predictive analysis, and the incorporation of advanced technologies, such as AI in smart meter data management, are expected to provide significant opportunities for the United States market.
Which Countries are Propelling European Market Growth?
“United Kingdom & Germany Driving Substantial Regional Market Growth”
The European market is experiencing considerable growth and will continue to do so over the decade.
- In 2020, the European Union (EU) ordered that utilities provide smart meters to 80% of their electricity users.
This has created numerous market opportunities in the region. The European market is being propelled by increasing smart meter installations in the United Kingdom and Germany, preventive measures to restrict power theft, and various favorable government policies addressing electricity management.
Category-wise Insights
Why is Demand for Gas Meters Snowballing?
“Rising Safety Concerns and Standards”
Demand for gas meters is surging because gas meters automatically assess the essential attributes of the gas moving through the pipeline, such as volume, pressure, and temperature. Moreover, partnerships between gas meter manufacturers and gas exploration companies are boosting the sales growth of gas meters.
In addition, rising safety concerns and standards are fueling the demand for gas meters. As a result of the increasing demand for gas meters, the need for smart meter data management will also grow.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competitive Landscape
Key players in the smart meter data management market are focusing on strategies such as collaborations, new developments, investments, R&D activities, and acquisitions to gain market share. Furthermore, several start-ups are offering improved smart meters, contributing to worldwide market growth.
- Greenbird, a Norwegian start-up, is creating Utilihive, a smart meter data integration platform. The start-up's cloud-native technology is available as an application programming interface (API) to accelerate grid digitalization. Among other things, the API provides simulated data to pinpoint system inefficiencies and a set of software connectors for most major utility applications. This enables utilities to quickly incorporate big data features into grid management and make greater use of smart meter data.
- Itron partnered with Utilismart Corporation, a meter data management-driven analytics provider, in March 2022. Under this partnership, the firms planned to fill the gap that small utilities face between AMR and AMI systems by providing a fully operated and hosted data accusation and meter reading model that also covers the growing submetering requirement. Furthermore, utility companies would have a comprehensive data management system that can enable the automation of organizational activities and display data for better decision-making.
- ABB India launched a new generation of power monitoring and electrical measurement meters in February 2022. The meters would enable users to make more informed decisions about their energy consumption.
- Siemens launched EnergyIP in November 2021 with an emphasis on enhanced consumer experience. The smart meter data analogize all relevant data on a single screen, making it easy to grasp and discover interaction and underlying causes via integrated shortcuts and visualizations.
- Itron acquired Smart Efficient Lighting Control, a leading smart lighting controls enterprise, in October 2021. The acquisition aims to integrate SELC's products into Itron's solution offering and strengthen Itron's position as an end-to-end smart city solution supplier.
- Itron formed a relationship with Microsoft in May 2021. The companies hoped to improve cloud-based meter data management services to aid utilities in leveraging data acquired from AMI and increase smart meter use cases through this collaboration.
Key Segments of Smart Meter Data Management Industry Research
-
By Component :
- Software
- Services
-
By Deployment Mode :
- On-premise
- Cloud
-
By Application :
- Electric Meters
- Gas Meters
- Water Meters
-
By Region :
- North America
- Latin America
- Europe
- Asia Pacific & China
- Middle East & Africa
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Market Risks and Trends Assessment
- 4. Market Background and Foundation Data Points
- 5. Global Market Demand (US$ Mn) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Component
- 6.1. Software
- 6.2. Services
- 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Deployment Mode
- 7.1. On-premise
- 7.2. Cloud
- 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Application
- 8.1. Electric Meters
- 8.2. Gas Meters
- 8.3. Water Meters
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East and Africa (MEA)
- 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. South Asia & Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. Market Structure Analysis
- 17. Competition Analysis
- 17.1. ABB Ltd
- 17.2. Aclara Technologies LLC
- 17.3. Eaton
- 17.4. ElectSolve Technology Inc
- 17.5. Arad Group
- 17.6. Honeywell International Inc
- 18. Assumptions And Acronyms Used
- 19. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ Mn) Analysis, by Component, 2018 to 2022
Table 2: Global Market Value (US$ Mn) Analysis, by Component, 2023 to 2033
Table 3: Global Market Value (US$ Mn) Opportunity Analysis, by Component, 2023 to 2033
Table 4: Global Market Value (US$ Mn) Analysis, by Deployment Mode, 2018 to 2022
Table 5: Global Market Value (US$ Mn) Analysis, by Deployment Mode, 2023 to 2033
Table 6: Global Market Value (US$ Mn) Opportunity Analysis, by Deployment Mode, 2023 to 2033
Table 7: Global Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 8: Global Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 9: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2018 to 2022
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2023 to 2033
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2023 to 2033
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 16: North America Market Value (US$ Mn) Analysis, by Component, 2018 to 2022
Table 17: North America Market Value (US$ Mn) Analysis, by Component, 2023 to 2033
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Component, 2023 to 2033
Table 19: North America Market Value (US$ Mn) Analysis, by Deployment Mode, 2018 to 2022
Table 20: North America Market Value (US$ Mn) Analysis, by Deployment Mode, 2023 to 2033
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Deployment Mode, 2023 to 2033
Table 22: North America Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 23: North America Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 28: Latin America Market Value (US$ Mn) Analysis, by Component, 2018 to 2022
Table 29: Latin America Market Value (US$ Mn) Analysis, by Component, 2023 to 2033
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Component, 2023 to 2033
Table 31: Latin America Market Value (US$ Mn) Analysis, by Deployment Mode, 2018 to 2022
Table 32: Latin America Market Value (US$ Mn) Analysis, by Deployment Mode, 2023 to 2033
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Deployment Mode, 2023 to 2033
Table 34: Latin America Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 35: Latin America Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 37: Europe Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 38: Europe Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 39: Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 40: Europe Market Value (US$ Mn) Analysis, by Component, 2018 to 2022
Table 41: Europe Market Value (US$ Mn) Analysis, by Component, 2023 to 2033
Table 42: Europe Market Value (US$ Mn) Opportunity Analysis, by Component, 2023 to 2033
Table 43: Europe Market Value (US$ Mn) Analysis, by Deployment Mode, 2018 to 2022
Table 44: Europe Market Value (US$ Mn) Analysis, by Deployment Mode, 2023 to 2033
Table 45: Europe Market Value (US$ Mn) Opportunity Analysis, by Deployment Mode, 2023 to 2033
Table 46: Europe Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 47: Europe Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 48: Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 49: East Asia Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 50: East Asia Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 52: East Asia Market Value (US$ Mn) Analysis, by Component, 2018 to 2022
Table 53: East Asia Market Value (US$ Mn) Analysis, by Component, 2023 to 2033
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Component, 2023 to 2033
Table 55: East Asia Market Value (US$ Mn) Analysis, by Deployment Mode, 2018 to 2022
Table 56: East Asia Market Value (US$ Mn) Analysis, by Deployment Mode, 2023 to 2033
Table 57: East Asia Market Value (US$ Mn) Opportunity Analysis, by Deployment Mode, 2023 to 2033
Table 58: East Asia Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 59: East Asia Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 60: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 61: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 62: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 63: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 64: South Asia & Oceania Market Value (US$ Mn) Analysis, by Component, 2018 to 2022
Table 65: South Asia & Oceania Market Value (US$ Mn) Analysis, by Component, 2023 to 2033
Table 66: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Component, 2023 to 2033
Table 67: South Asia & Oceania Market Value (US$ Mn) Analysis, by Deployment Mode, 2018 to 2022
Table 68: South Asia & Oceania Market Value (US$ Mn) Analysis, by Deployment Mode, 2023 to 2033
Table 69: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Deployment Mode, 2023 to 2033
Table 70: South Asia & Oceania Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 71: South Asia & Oceania Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 72: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 73: MEA Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 74: MEA Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 75: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 76: MEA Market Value (US$ Mn) Analysis, by Component, 2018 to 2022
Table 77: MEA Market Value (US$ Mn) Analysis, by Component, 2023 to 2033
Table 78: MEA Market Value (US$ Mn) Opportunity Analysis, by Component, 2023 to 2033
Table 79: MEA Market Value (US$ Mn) Analysis, by Deployment Mode, 2018 to 2022
Table 80: MEA Market Value (US$ Mn) Analysis, by Deployment Mode, 2023 to 2033
Table 81: MEA Market Value (US$ Mn) Opportunity Analysis, by Deployment Mode, 2023 to 2033
Table 82: MEA Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 83: MEA Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 84: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
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List Of Figures
Figure 1: Global Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 2: Global Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 3: Global Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 4: Global Market Incremental $ Opportunity, 2023 to 2033
Figure 5: Global Market Share and BPS Analysis by Component, 2023 & 2033
Figure 6: Global Market Y-o-Y Growth Projections by Component, 2023 to 2033
Figure 7: Global Market Attractiveness Analysis by Component, 2023 to 2033
Figure 8: Global Market Share and BPS Analysis by Deployment Mode, 2023 & 2033
Figure 9: Global Market Y-o-Y Growth Projections by Deployment Mode, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Deployment Mode, 2023 to 2033
Figure 11: Global Market Share and BPS Analysis by Application, 2023 & 2033
Figure 12: Global Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by Application, 2023 to 2033
Figure 14: Global Market Share and BPS Analysis by Region, 2023 & 2033
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2033
Figure 20: North America Market Incremental $ Opportunity, 2023 to 2033
Figure 21: North America Market Share Analysis by Country, 2023 & 2033
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 24: North America Market Share and BPS Analysis by Component, 2023 & 2033
Figure 25: North America Market Y-o-Y Growth Projections by Component, 2023 to 2033
Figure 26: North America Market Attractiveness Analysis by Component, 2023 to 2033
Figure 27: North America Market Share and BPS Analysis by Deployment Mode, 2023 & 2033
Figure 28: North America Market Y-o-Y Growth Projections by Deployment Mode, 2023 to 2033
Figure 29: North America Market Attractiveness Analysis by Deployment Mode, 2023 to 2033
Figure 30: North America Market Share and BPS Analysis by Application, 2023 & 2033
Figure 31: North America Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 32: North America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 36: Latin America Market Incremental $ Opportunity, 2023 to 2033
Figure 37: Latin America Market Share Analysis by Country, 2023 & 2033
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 39: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 40: Latin America Market Share and BPS Analysis by Component, 2023 & 2033
Figure 41: Latin America Market Y-o-Y Growth Projections by Component, 2023 to 2033
Figure 42: Latin America Market Attractiveness Analysis by Component, 2023 to 2033
Figure 43: Latin America Market Share and BPS Analysis by Deployment Mode, 2023 & 2033
Figure 44: Latin America Market Y-o-Y Growth Projections by Deployment Mode, 2023 to 2033
Figure 45: Latin America Market Attractiveness Analysis by Deployment Mode, 2023 to 2033
Figure 46: Latin America Market Share and BPS Analysis by Application, 2023 & 2033
Figure 47: Latin America Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 48: Latin America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 49: Europe Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 50: Europe Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 51: Europe Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 52: Europe Market Incremental $ Opportunity, 2023 to 2033
Figure 53: Europe Market Share Analysis by Country, 2023 & 2033
Figure 54: Europe Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 55: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 56: Europe Market Share and BPS Analysis by Component, 2023 & 2033
Figure 57: Europe Market Y-o-Y Growth Projections by Component, 2023 to 2033
Figure 58: Europe Market Attractiveness Analysis by Component, 2023 to 2033
Figure 59: Europe Market Share and BPS Analysis by Deployment Mode, 2023 & 2033
Figure 60: Europe Market Y-o-Y Growth Projections by Deployment Mode, 2023 to 2033
Figure 61: Europe Market Attractiveness Analysis by Deployment Mode, 2023 to 2033
Figure 62: Europe Market Share and BPS Analysis by Application, 2023 & 2033
Figure 63: Europe Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 64: Europe Market Attractiveness Analysis by Application, 2023 to 2033
Figure 65: East Asia Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 66: East Asia Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 67: East Asia Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 68: East Asia Market Incremental $ Opportunity, 2023 to 2033
Figure 69: East Asia Market Share Analysis by Country, 2023 & 2033
Figure 70: East Asia Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 71: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 72: East Asia Market Share and BPS Analysis by Component, 2023 & 2033
Figure 73: East Asia Market Y-o-Y Growth Projections by Component, 2023 to 2033
Figure 74: East Asia Market Attractiveness Analysis by Component, 2023 to 2033
Figure 75: East Asia Market Share and BPS Analysis by Deployment Mode, 2023 & 2033
Figure 76: East Asia Market Y-o-Y Growth Projections by Deployment Mode, 2023 to 2033
Figure 77: East Asia Market Attractiveness Analysis by Deployment Mode, 2023 to 2033
Figure 78: East Asia Market Share and BPS Analysis by Application, 2023 & 2033
Figure 79: East Asia Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 80: East Asia Market Attractiveness Analysis by Application, 2023 to 2033
Figure 81: South Asia & Oceania Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 82: South Asia & Oceania Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 83: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 84: South Asia & Oceania Market Incremental $ Opportunity, 2023 to 2033
Figure 85: South Asia & Oceania Market Share Analysis by Country, 2023 & 2033
Figure 86: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 87: South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 88: South Asia & Oceania Market Share and BPS Analysis by Component, 2023 & 2033
Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Component, 2023 to 2033
Figure 90: South Asia & Oceania Market Attractiveness Analysis by Component, 2023 to 2033
Figure 91: South Asia & Oceania Market Share and BPS Analysis by Deployment Mode, 2023 & 2033
Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by Deployment Mode, 2023 to 2033
Figure 93: South Asia & Oceania Market Attractiveness Analysis by Deployment Mode, 2023 to 2033
Figure 94: South Asia & Oceania Market Share and BPS Analysis by Application, 2023 & 2033
Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 96: South Asia & Oceania Market Attractiveness Analysis by Application, 2023 to 2033
Figure 97: MEA Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 98: MEA Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 99: MEA Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 100: MEA Market Incremental $ Opportunity, 2023 to 2033
Figure 101: MEA Market Share Analysis by Country, 2023 & 2033
Figure 102: MEA Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 103: MEA Market Attractiveness Analysis by Country, 2023 to 2033
Figure 104: MEA Market Share and BPS Analysis by Component, 2023 & 2033
Figure 105: MEA Market Y-o-Y Growth Projections by Component, 2023 to 2033
Figure 106: MEA Market Attractiveness Analysis by Component, 2023 to 2033
Figure 107: MEA Market Share and BPS Analysis by Deployment Mode, 2023 & 2033
Figure 108: MEA Market Y-o-Y Growth Projections by Deployment Mode, 2023 to 2033
Figure 109: MEA Market Attractiveness Analysis by Deployment Mode, 2023 to 2033
Figure 110: MEA Market Share and BPS Analysis by Application, 2023 & 2033
Figure 111: MEA Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 112: MEA Market Attractiveness Analysis by Application, 2023 to 2033
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the global smart meter data management market size?
The global smart meter data management market is valued at US$ 1 billion in 2023.
What is the expected growth rate for the smart meter data management market?
Global demand for smart meter data management systems is projected to surge at a CAGR of 17.4% from 2023 to 2033.
What is the estimated market size for 2033?
The market for smart meter data management is predicted to reach US$ 5 billion by 2033.
What percentage of the global market did Asia Pacific account for in 2022?
Asia Pacific held 36.7% share of the global smart meter data management market in 2022.
Which are the top companies providing smart meter data management solutions?
ABB Ltd, Aclara Technologies LLC, Eaton, ElectSolve Technology Inc, Arad Group, and Honeywell International Inc are leading companies in the global market.