Global Smart Electricity Meter Data Management Growth Opportunities

Global Smart Electricity Meter Data Management Growth Opportunities

The global penetration rate for smart metering is forecast to increase from just over 40% at the start of 2022 to 65% by 2030. This growth will lead to an increased demand for meter data management (MDM) software. First-generation meters largely focus on basic functions such as billing and time-of-use pricing. With the growth of decentralized energy, more renewable energy sources, electric vehicles, heat pumps, battery energy storage systems, etc., will be connected to the grid. All of this will require management for the grid to continue to function effectively. Smart meters will essentially become load management devices, and this will require more functionalities and higher per-meter revenues from MDM manufacturers.

The replacement of existing smart meters with next-generation meters will also be a priority. Countries that installed smart meters early on, like Italy, Sweden, Finland, and Denmark, have already started replacing their metering devices. Utilities in the United States, Canada, Spain, and Japan will follow suit over the course of the decade.

The study lists the countries that are the key to growth and pinpoints the factors that will drive and restrain the development of this market. It concludes by identifying the key growth opportunities emerging from this market for stakeholders and key players to leverage.


What are the key drivers and restraints that impact the growth of the MDM market?
Which regions and countries offer the best prospects for growth during the forecast period?
What are the growth opportunities? Where do they exist for the market participants?
Who are the key participants in the MDM ecosystem?

  • Strategic Imperatives
    • Why is it Increasingly Difficult to Grow?
    • The Strategic Imperative 8
    • The Impact of the Top 3 Strategic Imperatives on the Meter Data Management (MDM) Industry
    • Growth Opportunities Fuel the Growth Pipeline Engine
  • Growth Opportunity Analysis
    • Primary Findings
    • Scope of Analysis
    • Regional Segmentation
    • Smart Meter Market at a Glance
    • Primary Market Trends
    • Market Overview
    • Smart Metering Data and Analytics for Edge Intelligence
    • Unlocking Value from a Meter Data Management System (MDMS)
    • Evolution of MDM
    • MDM-Basic, Advanced Features, and Primary Solutions
    • Business Model Assessment
    • Emergence of New Business Models
    • Primary Trends in Utility Use Cases
    • Trends in Managed Services/AMI-as-a-Service
    • Growth Drivers
    • Growth Restraints
    • Forecast Assumptions and Methodology
    • Revenue and Unit Shipment Forecast
    • Revenue Forecast by Region
      • Table MDM Market: Revenue Forecast by Region, Global, 2020-2030
    • Revenue Forecast Analysis
    • Competitive Dynamics
  • Growth Opportunity Universe
    • Growth Opportunity 1: Service-based Models
    • Growth Opportunity 2: Grid Intelligence
    • Growth Opportunity 3: Smart Grid Initiatives with a Strategic IT Infrastructure

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings