The Global Meter Data Management System Market Report has been recently formulated and added by Emergen and Research, which aims to provide insightful data to the readers to help them make informed business decisions. The report further focuses on the segmentation of the Meter Data Management System industry based on its segments and sub-segments as well as a detailed regional analysis. The Meter Data Management System market is expected to register a high CAGR of 20.2% to reach a valuation of USD 237.3 million by the end of 2028. The key factors and elements contributing to the growth of the industry have been thoroughly studied in the report. The research report additionally covers the impact of the COVID-19 pandemic on the Meter Data Management System market and its key segments. The pandemic has dynamically altered the market landscape and has brought changes in the demands and trends in the industry. The report studies in detail these changes to offer a growth forecast in a post-COVID scenario. The report covers the present and future impact of the pandemic on the market. Meter data management solution includes meter deployment planning and management, automated smart meter provisioning, meter and network asset monitoring and management, meter-to-cash system, and workforce management system. Automated smart meter provisioning includes deletion, addition, and updating of meter data in utility and automatic meter reading systems. Meter data management system is widely used in commercial, industrial, and residential applications. Residential segment accounted for largest revenue share in the global market in 2020. This can be attributed to increasing application of smart meters in residential sector and increasing requirements to analyze power consumption To Read about the report @ https://www.emergenresearch.com/industry-report/meter-data-management-system-market The report covers in-depth profiling of the prominent players of the industry and includes Itron, Siemens, Landis+Gyr, Honeywell, Schneider Electric, ABB, Eaton, Kamstrup, DIEHL, and Alcara. Furthermore, it offers a detailed analysis of the competitive landscape of the market with massive data on recent trends, technological developments, product advancements, methodologies, and strategic business decisions such as mergers and acquisitions, joint ventures, collaborations, and product launches, among others. Emergen Research has segmented the global meter data management system market based on component, utility, application, end use, and region: Component Outlook (Revenue, USD Million; 2018–2028) Software Hardware Utility Outlook (Revenue, USD Million; 2018–2028) Gas Electricity Water Application Outlook (Revenue: USD Million; 2018–2028) Micro Grid Smart Grid EV Charging Energy Storage End Use Outlook (Revenue: USD Million; 2018–2028) Commercial & Industrial Residential Some Key Findings From the Report: In July 2021, CrescoNet acquired Smart Earth Technologies. This acquisition will help CrescoNet to expand its water utility product portfolio by adding product line of Smart Earth Technologies that includes integrated, battery-operated, cellular endpoint transceivers, valves, installation tools, LTE infrastructure, and cloud software for meter data management, and customer information systems. Software segment is expected to register faster CAGR over the forecast period. This can be attributed to rising adoption of smart meters and increasing need for more accurate and efficient energy monitoring and management, format, and process for meter data for accurate billing. Asia Pacific is expected to register fastest revenue CAGR throughout the forecast period. Increasing urbanization, increasing number of SMEs, and rising adoption of smart grid networks are key factors propelling revenue growth of the market in this region. The report further covers extensive regional analysis of the Meter Data Management System industry with regards to market scope, market size, market share, revenue generation, production and consumption ratio, supply and demand ratio, and analysis of the key players operating in those regions. The regional analysis covers North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. 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About Us: Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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