Report cover image

North America Smart Meter Data Management Market 2024-2032

Publisher Triton Market Research
Published May 07, 2024
Length 149 Pages
SKU # TRTN18798869

Description

North America Smart Meter Data Management Market 2024-2032



Market Outlook

Triton’s research insinuates that the smart meter data management market in North America is projected to register a CAGR of 16.56% during the projected years 2024-2032. Canada and the United States are evaluated in this region.

Smart meter deployment in Canada primarily arises from provincial and utility-driven initiatives, with potential reinforcement from governmental emphasis on clean energy. Major players in supplying smart electric meters in Canada are primarily foreign firms. Other contenders like Sensus, Elster, and GE Energy also participate alongside Corix, a Vancouver-based company offering metering services and management. Hence, the growth in initiatives and company participation drives the smart meter data management market.

The smart meter data management market in the United States has seen significant growth over the past few years, supported by an increasing focus on energy efficiency and regulatory support for smart grid technologies. Utilities across the country are rapidly adopting smart meters, which provide detailed and real-time data on energy usage patterns. This surge in data availability necessitates robust data management systems to handle, analyze, and store vast volumes of information. As a result, there is a growing demand for advanced data management solutions that can support big data analytics, real-time monitoring, and enhanced decision-making processes.

Competitive Outlook

The notable companies in the smart meter data management market comprise Parsons Corporation, Hansen Technologies Corp, Arad Group, Itron Inc, and Honeywell International Inc.

Table of Contents

149 Pages
1. North America Smart Meter Data Management Market – Summary
2. Industry Outlook
2.1. Porter’s Five Forces Analysis
2.1.1. Threat Of New Entrants
2.1.2. Threat Of Substitutes
2.1.3. Bargaining Power Of Buyers
2.1.4. Bargaining Power Of Suppliers
2.1.5. Threat Of Competitive Rivalry
2.2. Market Maturity Analysis
2.3. Supply Chain Analysis
2.3.1. Efficient Supply Chain Management
2.3.2. Optimized Distribution Networks
2.3.3. Continuous Technological Innovation
2.3.4. Strong Customer Relationship Management
2.4. Regulatory Framework
2.5. Key Buying Impact Analysis
2.5.1. Data Accuracy & Integrity
2.5.2. Vendor Stability & Long-term Support
2.5.3. Cost-effectiveness & Flexible Pricing Models
2.5.4. Effective Training & User Onboarding
2.6. Key Market Strategies
2.6.1. Collaborations
2.6.2. Product Launches
2.6.3. Acquisitions
2.6.4. Business Divestitures & Expansions
2.7. Market Drivers
2.7.1. Increasing Data Volumes Stemming From Smart Meter Deployments
2.7.2. Imperative For Operational Efficiency And Cost Optimization
2.7.3. Utilization Of Analytics To Extract Actionable Insights From Meter Data
2.7.4. Integration With Customer Web Portals And Advanced Metering Infrastructure (Ami)
2.7.5. Support And Incentives Provided By Governments
2.8. Market Challenges
2.8.1. Concerns Regarding Data Privacy And Security Due To Cyber Risks
2.8.2. Lack Of Common Standards Leading To Interoperability Issues
2.8.3. High Initial Costs Associated With Smart Metering Infrastructure Rollout
2.8.4. Shortage Of Skilled Personnel To Effectively Utilize Data
2.9. Market Opportunities
2.9.1. Emphasis On Data Visualization And Deriving Actionable Insights
2.9.2. Implementation Of Smart City And Grid Modernization Initiatives
2.9.3. Adoption Of Blockchain For Seamless And Secure Data Sharing
2.10. Analyst Perspective
3. North America Smart Meter Data Management Market – By Deployment Type
3.1. Cloud-based
3.2. On-premise
4. North America Smart Meter Data Management Market – By Component
4.1. Services
4.2. Software
5. North America Smart Meter Data Management Market – By Application
5.1. Gas
5.2. Water
5.3. Electric
6. North America Smart Meter Data Management Market – Regional Outlook
6.1. United States
6.1.1. United States Smart Meter Data Management Market Forecast & Prospects
6.2. Canada
6.2.1. Canada Smart Meter Data Management Market Forecast & Prospects
7. Competitive Landscape
7.1. Arad Group
7.1.1. Overview
7.1.2. Product Portfolio
7.1.3. Key Strength
7.1.4. Key Challenge
7.2. Aclara Technologies Llc
7.2.1. Overview
7.2.2. Product Portfolio
7.2.3. Key Strengths
7.2.4. Key Challenge
7.3. Parsons Corporation
7.3.1. Overview
7.3.2. Product Portfolio
7.3.3. Key Strength
7.3.4. Key Challenge
7.4. Honeywell International Inc
7.4.1. Overview
7.4.2. Product Portfolio
7.4.3. Key Strengths
7.4.4. Key Challenge
7.5. Hansen Technologies Corp
7.5.1. Overview
7.5.2. Product Portfolio
7.5.3. Key Strengths
7.5.4. Key Challenges
7.6. Itron Inc
7.6.1. Overview
7.6.2. Product Portfolio
7.6.3. Key Strengths
7.6.4. Key Challenge
7.7. Landis+Gyr Group
7.7.1. Overview
7.7.2. Product Portfolio
7.7.3. Key Strengths
7.7.4. Key Challenge
7.8. Siemens Ag
7.8.1. Overview
7.8.2. Product Portfolio
7.8.3. Key Strengths
7.8.4. Key Challenges
7.9. Kamstrup
7.9.1. Overview
7.9.2. Product Portfolio
7.9.3. Key Strengths
7.9.4. Key Challenges
7.10. Oracle
7.10.1. Overview
7.10.2. Product Portfolio
7.10.3. Key Strengths
7.10.4. Key Challenges
8. Research Methodology & Scope
8.1. Research Scope & Deliverables
8.2. Sources Of Data
8.3. Research Methodology
List Of Tables
Table 1: North America Smart Meter Data Management Market, By Country Outlook, 2024-2032 (In $ Million)
Table 2: Regulatory Framework
Table 3: List Of Collaborations
Table 4: List Of Product Launches
Table 5: List Of Acquisitions
Table 6: List Of Business Divestitures & Expansions
Table 7: North America Smart Meter Data Management Market, By Deployment Type, 2024-2032 (In $ Million)
Table 8: North America Smart Meter Data Management Market, By Component, 2024-2032 (In $ Million)
Table 9: North America Smart Meter Data Management Market, By Application, 2024-2032 (In $ Million)
Table 10: North America Smart Meter Data Management Market, By Country Outlook, 2024-2032 (In $ Million)
List Of Figures
Figure 1: Market Maturity Analysis
Figure 2: Supply Chain Analysis
Figure 3: Key Buying Impact Analysis
Figure 4: North America Smart Meter Data Management Market, By Deployment Type, 2023 & 2032 (In %)
Figure 5: North America Smart Meter Data Management Market, By Cloud-based, 2024-2032 (In $ Million)
Figure 6: North America Smart Meter Data Management Market, By On-premise, 2024-2032 (In $ Million)
Figure 7: North America Smart Meter Data Management Market, By Component, 2023 & 2032 (In %)
Figure 8: North America Smart Meter Data Management Market, By Services, 2024-2032 (In $ Million)
Figure 9: North America Smart Meter Data Management Market, By Software, 2024-2032 (In $ Million)
Figure 10: North America Smart Meter Data Management Market, By Application, 2023 & 2032 (In %)
Figure 11: North America Smart Meter Data Management Market, By Gas, 2024-2032 (In $ Million)
Figure 12: North America Smart Meter Data Management Market, By Water, 2024-2032 (In $ Million)
Figure 13: North America Smart Meter Data Management Market, By Electric, 2024-2032 (In $ Million)
Figure 14: North America Smart Meter Data Management Market, By Country Outlook, 2023 & 2032 (In %)
Figure 15: United States Smart Meter Data Management Market 2024-2032 (In $ Million)
Figure 16: Canada Smart Meter Data Management Market 2024-2032 (In $ Million)

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us