Advanced Metering Infrastructure Market to Witness Major Growth by 2028 | Cisco Systems, IBM, General Electric
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The Latest Study Published by HTF MI Research on the "Advanced Metering Infrastructure Market’’ evaluates market size, trend and forecast to 2029. The Advanced Metering Infrastructure market study includes significant research data and evidences to be a practical resource document for managers and analysts is, industry experts and other key people to have an easily accessible and self-analysed study to help understand market trends, growth drivers, opportunities and upcoming challenges as well as information about the competitors. Some of the Major Companies covered in this Research are Cisco Systems, Inc. (United States), IBM Corporation (United States), General Electric (United States), Schneider Electric SE (France), Siemens AG (Germany), Itron, Inc. (United States), Aclara Technologies LLC (United States), Elster Group GmbH (Germany), Sensus (United States), Tieto Corporation (Finland), Trilliant, Inc. (United States).
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According to HTF Market Intelligence, the Global Advanced Metering Infrastructure market to witness a CAGR of 13.89% during forecast period of 2023-2028. Global Advanced Metering Infrastructure Market Breakdown by Device (Smart Electric Meters, Smart Water Meters, Smart Gas Meters) by Solution (Meter Data Analytics, Meter Data Management, Others) by Service (System Integration, Meter Deployment, Program Management and Consulting) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Advanced Metering Infrastructure market size is estimated to increase by USD 35.3 Billion at a CAGR of 13.89% from 2023 to 2028. The report includes historic market data from 2018 to 2022E. Currently, market value is pegged at USD 17.1 Billion.
Advanced Metering Infrastructure (AMI) refers to an integrated system of smart meters, communication networks, and data management software that enables two-way communication between utility companies and their customers. The primary purpose of AMI is to collect, monitor, and manage energy consumption data in real-time or at frequent intervals.
Market Drivers
·??????? Government Initiatives for Smart Homes and Grid Modernization
Market Trend
·??????? Integration of IoT with AMI for Real-Time Data about Power Consumption
Opportunities
·???????? Increasing Demand from Developing Economies Owing to Rise in Energy Demand
Major Highlights of the?Advanced Metering Infrastructure Market report released by HTF MI
Global Advanced Metering Infrastructure Market Breakdown by Device (Smart Electric Meters, Smart Water Meters, Smart Gas Meters) by Solution (Meter Data Analytics, Meter Data Management, Others) by Service (System Integration, Meter Deployment, Program Management and Consulting) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
· The Middle East and Africa?(South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
· North America?(United States, Mexico & Canada)
· South America?(Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
· Europe?(Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
· Asia-Pacific?(Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Informational Takeaways from the Market Study: The report Advanced Metering Infrastructure matches the completely examined and evaluated data of the noticeable companies and their situation in the market considering impact of Coronavirus. The measured tools including SWOT analysis, Porter's five powers analysis, and assumption return debt were utilized while separating the improvement of the key players performing in the market.
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Key Development's in the Market: This segment of the Advanced Metering Infrastructure report fuses the major developments of the market that contains confirmations, composed endeavours, R&D, new thing dispatch, joint endeavours, and relationship of driving members working in the market.
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Some of the important question for stakeholders and business professional for expanding their position in the Advanced Metering Infrastructure Market:
Q 1. Which Region offers the most rewarding open doors for the market Ahead of 2022?
Q 2. What are the business threats and Impact of latest scenario over the market Growth and Estimation?
Q 3. What are probably the most encouraging, high-development scenarios for Advanced Metering Infrastructure movement showcase by applications, types and regions?
Q 4.What segments grab most noteworthy attention in Advanced Metering Infrastructure Market in 2021 and beyond?
Q 5. Who are the significant players confronting and developing in Advanced Metering Infrastructure Market?
Advanced Metering Infrastructure Market Study Coverage:
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