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Widespread trend of IoT has resulted in increased adoption smart/intelligent devices/systems leading to generation of large amount of data. The data attained from these systems is highly critical to the organizations. In the energy & utility landscape the data generated from smart grids and meters is also very vital to the industry players. The smart metering software is one such software that facilitates the energy & utility companies to enhance their business efficiency through remote operation, management and monitoring of the smart meters.
The Utilities across the globe, such as water, electricity and gas are deploying smart meters in order to accurately record their respective usage. This has significantly reduced the cost of labor for monitoring and reporting of energy usage. This growth in the deployment of smart meters across the utility industry is expected to have a positive influence on the smart metering software market. Furthermore, the smart metering software market is also likely to showcase opportunities for the untapped geographic markets and growing awareness among the developing regions.
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Top Leading Market Players:
1. Accenture LLP
2. Atlas Energy Systems, LLC
4. Itron Inc.
6. NewFound Energy Ltd
7. Oracle Corporation
8. OSIsoft, LLC
10. SIEMENS AG
The global Smart Metering Software market is segmented on the basis of deployment type, application and industry vertical. Based deployment type, the market is segmented as on-premises and cloud. On the basis of the application the market is segmented as water metering, thermal energy metering, electricity metering, gas metering and others. The market on the basis of the industry vertical is classified as oil & gas, energy & power and utilities.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Smart Metering Software market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Smart Metering Software market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
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The report analyzes factors affecting Smart Metering Software market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Smart Metering Software market in these regions.