Market Analysis
The global advanced metering infrastructure market will touch USD 9 billion at a 14% CAGR by 2023, states the latest Market Research Future (MRFR) report. Drivers Increase in Energy Consumption Demand to Boost Market Growth The increase in the energy consumption demand due to rising industrialization and urbanization will boost market growth over the forecast period. Opportunities Smart City Initiatives to offer Robust Opportunities Smart city initiatives and digitalization of the utility and energy sector in different developing economies will offer robust opportunities for the advanced metering infrastructure market over the forecast period. Besides, the increasing adoption in utilities and government agencies, the growing need to maintain smart meters to deliver accurate billing for the industries, and the growing need to augment the levels of customer service as well as efficiency of public services are also adding market growth. Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/5185 Restraints Inadequate Financial Incentives to act as Market Restraint The inadequate financial incentives for utilities coupled with standard interference & interoperability may act as market restraint over the forecast period. Challenges Lack of Skilled Persons to act as Market Challenge The lack of skilled persons to monitor the systems when they are complications in real-time application coupled with high maintenance & installation cost of such systems may act as market challenge over the forecast period. Market Segmentation The advanced metering infrastructure market is bifurcated based on service type and device type. By device type, the global advanced metering infrastructure market is segmented into advanced communication modules, smart gas meters, smart electric meters, & smart water meters. By service type, the meter data management segment will lead the market over the forecast period. COVID-19 Analysis The COVID-19 crisis possessed a positive effect on the advanced metering infrastructure market growth. This is because the utility and energy sector are regarded as essential services which have forced the sector in rethinking how their operations are performed as well as how they engage with their customers and staff. Yet as the outbreak impacted industrial and commercial job sites & load patterns shifted, the critical role of utility’s in powering society too has changed. Since then it has become every utility’s struggle in ensuring that uninterrupted delivery and operation continue while taking care to adhere to the essential social distancing guidelines needed to safeguard its customers and employees. Regional Analysis North America to Head Advanced Metering Infrastructure Market North America will head the advanced metering infrastructure market over the forecast period. Rising adoption of smart grid technology, increasing population, rising number of water and electricity applications, the presence of advanced metering infrastructure, favorable government initiatives, growing government investments to deploy smart meters, early adoption of latest technologies, and also the presence of big players that deal in advance metering infrastructure solutions are adding to the global advanced metering infrastructure market growth in the region. Key Players Eminent industry players profiled in the global advanced metering infrastructure market report include Cisco Systems, Inc. (U.S.), International Business Machines Corporation (U.S.), General Electric (U.S.), Trilliant, Inc. (U.S.), Silver Spring Networks (U.S.), Siemens AG (Germany), Cooper Industries (U.S.). Get Complete Report @ https://www.marketresearchfuture.com/reports/advanced-metering-infrastructure-market-5185 About Market Research Future: Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects. Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions. Media Contact: Market Research Future (Part of Wantstats Research and Media Private Limited) 99 Hudson Street, 5Th Floor New York, NY 10013 United States of America +1 628 258 0071 (US) +44 2035 002 764 (UK) Email: [email protected] Website: https://www.marketresearchfuture.com
30 Comments
7/26/2022 08:54:04 am
The growing need to augment the levels of customer service as well as efficiency of public services are also adding market growth. I’m so thankful for your helpful post!
Reply
9/12/2022 03:15:00 am
Really informative article, I had the opportunity to learn a lot, thank you. https://odemebozdurma.com/
Reply
9/14/2022 02:57:24 pm
Really informative article, I had the opportunity to learn a lot, thank you. https://bit.ly/site-kurma
Reply
9/29/2022 10:15:15 pm
The client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects. Thank you for the beautiful post!
Reply
9/30/2022 11:17:15 am
It's great to have this type of content. Good luck with your spirit. Thank you. https://bit.ly/site-kurma
Reply
10/4/2022 06:16:10 pm
I think this post is useful for people. It has been very useful for me. Looking forward to the next one, thank you. https://escortnova.com/escort-ilanlari/kocaeli-escort/korfez-escort/
Reply
10/5/2022 07:29:42 am
It was a post that I found very successful. Good luck to you. https://escortnova.com/escort-ilanlari/agri-escort/eleskirt-escort/
Reply
10/5/2022 05:13:13 pm
I follow your posts closely. I can find it thanks to your reliable share. Thank you. https://escortnova.com/escort-ilanlari/burdur-escort/bucak-escort/
Reply
10/6/2022 05:39:03 am
I support your continuation of your posts. I will be happy as new posts come. Thank you. https://escortnova.com/escort-ilanlari/bitlis-escort/mutki-escort/
Reply
10/7/2022 01:40:50 am
I think the content is at a successful level. It adds enough information. Thank you. https://escortnova.com/escort-ilanlari/batman-escort/hasankeyf-escort/
Reply
10/7/2022 02:55:50 pm
Thank you for your sharing. I must say that I am successful in your content. https://escortnova.com/escort-ilanlari/balikesir-escort/sindirgi-escort/
Reply
10/8/2022 12:06:20 pm
Thoughtful and real content is shared. Thank you for these shares. https://escortnova.com/escort-ilanlari/bayburt-escort/demirozu-escort/
Reply
12/9/2022 07:58:20 pm
Düşmeyen bot takipçi satın al: https://takipcialdim.com/
Reply
12/9/2022 10:58:39 pm
İnstagram beğeni satışı yapan firmamıza göz atın: https://takipcialdim.com/instagram-begeni-satin-al/
Reply
12/9/2022 11:01:32 pm
Garantili Tiktok takipçi satın al: https://takipcialdim.com/tiktok-takipci-satin-al/
Reply
12/15/2022 05:52:01 pm
takipçi satın al ve sitemizi ziyaret et: https://takipcim.com.tr/
Reply
12/21/2022 04:42:53 am
İnstagram takipçi satın almak istiyorsan tıkla.
Reply
1/8/2023 09:46:12 am
100 tl deneme bonusu veren siteleri öğrenmek istiyorsan tıkla.
Reply
6/30/2023 09:31:40 am
En iyi gümüşhane ilan sitesi burada. https://gumushane.escorthun.com/
Reply
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
April 2022
Categories |