Meter Data Management System Market Scope and Analysis by 2031
Meter Data Management System Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 1.96 Billion |
Market Size by 2031 | US$ 5.92 Billion |
Global CAGR (2023 - 2031) | 14.8% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Offering
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Meter Data Management System Market News and Recent Developments
The meter data management system market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for speech and language disorders and strategies:
- Siemens Smart Infrastructure relaunched its leading and proven smart meter data management software EnergyIP, focusing on enhancing user experience. This stems from increasing requirements for better data quality and further automation, leading to a focus on workflow improvements and user-centricity. Now, the software collates all relevant data on one screen, making it easier to understand and identify correlations and root causes through interactive visualizations and shortcuts. The latest EnergyIP Mosaic software is intuitive and efficient with noticeably fewer clicks, which leads to task time reduction by up to 85 percent.. (Source: Siemens, Press Release, 2023)
- Siemens Limited and Tata Power Delhi Distribution Limited (Tata Power-DDL) jointly announced the successful deployment of Smart Metering Technology for over 200,000 Smart Meters in North Delhi. The state-of-the-art EnergyIP Meter Data Management System installed and commissioned by Siemens enables timely and accurate collection of electricity meter data leading to increased visibility of the consumer network and reduction in carbon emissions. (Source: Siemens, Press Release, 2022)
Meter Data Management System Market Report Coverage and Deliverables
The “Meter Data Management System Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles