Loading...

The rapid shift towards smart metering in Asian countries like India, Australia, and Hong Kong, modernization of grid infrastructure in Europe and the US, gain in energy efficiency for utilities, and reduction in bills for customers through data analysis are some of the few factors driving the Meter Data Management market growth.

In Asia-Pacific, countries like India, Australia, China, and Hong Kong have shown great efforts to digitalize the utility infrastructure. With government initiatives and funding, there has been growth in the number of projects for AMI rollouts, grid modernization, and smart city developments in recent times. The importance of efficient data management in smart metering projects has shown, considerate number of contracts for meter data management solutions in the region. For instance, in April 2020, Landis+Gyr was awarded an Advanced Metering Infrastructure (AMI) contract, including the deployment of the meter data management solution by HK Electric in support of Hong Kong's transformation into a smart city.

This market research report provides an overview of the competitive landscape for Meter Data Management. The study also comprehensively analyses the Meter Data Management market by segmenting it based on geography (North America, Europe, Asia-Pacific, South America, and the Middle East & Africa).

The report also addresses present, and future market opportunities, market trends, developments, new product launches, and regions poised for the fastest growth, competitive landscape, and impact of geopolitics and oil & gas prices crash on the Meter Data Management market. Further, Meter Data Management market size, demand forecast, and growth rates will also be provided in the report.