|By PR Newswire||
|April 14, 2014 06:59 PM EDT||
DUBLIN, April 14, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/shtrfp/global_meter_data) has announced the addition of the "Global Meter Data Management Market Report" report to their offering.
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The analysts forecast the Global Meter Data Management market to grow at a CAGR of 16.55 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need to reduce the incidences of electricity theft. The Global Meter Data Management market has also been witnessing an increasing support from regulatory authorities. However, data management issues could pose a challenge to the growth of this market.
The report, the Global Meter Data Management Market Report, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the markets in the Americas and the EMEA and the APAC regions; it also covers the Global Meter Data Management market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The interest shown by regulatory authorities in installing smart energy meters is the most important trend in the Global Meter Data Management market. Across the globe, there has been an installation drive from the respective governments. The regulators develop the framework and policies to adopt smart energy meters. These are in turn implemented by utilities and thus smart energy meter installations have been growing around the world, which is in turn increasing usage of meter data management software.
Countries such as the US and Canada have largely deployed smart energy meters due to the support of and regulations introduced by their governments. The US has allocated $3.4 billion in smart grid grants that would be utilized in installing smart energy meters and building a smart grid network within the country between 2010 and 2014. The Eastern European countries were early adopters of smart energy meters under the guidance of their respective governments. Furthermore, governments in some Asian and Western European countries have initiated pilot test programs to install smart energy meters.
According to the report, one of the major drivers is the reduction in electricity theft, facilitated by the installation of smart meters and usage of meter data management software. As meter data management facilitates better control and close monitoring of electricity used by its end-users, meter tampering can be avoided, which will in turn reduce the theft of electricity.
Key Topics Covered:
1. Executive Summary
2. Scope of the Report
3. Market Research Methodology
4. List of Abbreviations
6. Smart Grid IT Spending in Various Segments
7. Market Landscape
8. Geographical Segmentation
9. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
18. Other Reports in this Series
- Aclara Software Inc.
- Cuculus GmbH
- ElectSolve Technology Solutions & Services Inc.
- Elster Group SE
- Enoro AS
- Enoro AS
- Ferranti Computer Systems N.V.
- Gruppo Engineering
- Harris Utilities
- Itron Inc.
- Landis+Gyr AG
- North Star Utilities Solutions
- OSIsoft Inc.
- Oracle Corp.
- Powel AS
- Robotron Datenbank-Software GmbH.
- Siemens AG.
For more information visit http://www.researchandmarkets.com/research/shtrfp/global_meter_data
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets