Smart Utilities Management Market Size, Share, Growth, Trend, analysis and forecast 2022-2028
A comprehensive
overview of the global smart utilities management market is recently added by
UnivDatos Market Insights to its humongous database. The report has been
aggregated by collecting informative data from various dynamics such as market
drivers, restraints, and opportunities. This innovative report makes use of several
analyses to get a closer outlook on the smart utilities management market
globally. This report offers a detailed analysis of the latest industry
developments and trending factors that are influencing market growth.
Furthermore, this statistical market research repository examines and estimates
the global market at regional and country levels. The global smart utilities management market is
expected to register a CAGR of around 18% over the period of 2021-2027.
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Market Overview
The smart utilities
management market demand is increasing at a significant rate over the
years and is expected to witness influential growth during the forecasted
period as well. Factors such as the arrival of smart cities and smart grids,
increasing usage of innovative solutions such as smart meters, increased
investments in digital infrastructure, and investment in smart grids are
positively influencing the smart utilities management market.
The global smart
utilities management market report is studied thoroughly with several aspects
that would help stakeholders in making their decisions more curated.
By
type, the market is primarily bifurcated into:
·
Meter Data Management
·
Energy Monitoring
·
Smart Distribution Management
·
Others
Among
these, the meter data management segment accounted for a significant share of
the smart utilities management market in 2020 and is expected to witness robust
growth during the forecast period mainly due to the need to handle a huge
amount of raw data and perform long-term data storage and management for the
vast quantities of data delivered by smart metering systems.
By
application, the market is primarily bifurcated into:
·
Power Industry
·
Water Supply
·
Transportation
·
Communication
·
Others
Among these categories,
the communication segment held a commendable share of the smart utilities
management market in 2020 and is expected to witness substantial CAGR during
the forecast period. The growth of this segment can be attributed to the
growing communication industry along with the increasing use of smart utilities
management in the information and communication technology industry.
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Global
Smart Utilities Management Market Geographical Segmentation Includes:
·
North
America (US, Canada, Rest of North America)
·
Europe
(Germany, France, Spain, UK, Rest of Europe)
·
Asia-Pacific
(China, Japan, India, South Korea, Rest of Asia-Pacific)
·
Rest of the
World
APAC accounted for a significant share
of the global smart utilities management market and is expected to grow at a
steady growth rate during the forecast period. This can be attributed to the
rising number of large, medium, and small enterprises and the growing demand
for smart utilities among enterprises in the region. In addition, the growing
electronics industry is another factor contributing to the smart utilities
management market in the region. For instance, according to the Indian
Brand Equity Foundation (IBEF) electronics industry in India has grown the
domestic production of electronics from US$ 29 billion in 2014-15 to US$ 67
billion in 2020-21.
The
major players targeting the market include:
·
International
Business Machines Corporation
·
Atos SE
·
Honeywell
International Inc.
·
ABB Ltd.
·
Cisco
Systems Inc.
·
Uplight
Inc.
·
Itron
Inc.
·
GE Group
·
Schneider
Electric SE
·
Vodafone
Group Plc
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Competitive Landscape
The degree of competition
among prominent companies has been elaborated by analyzing several leading key
players operating globally. The specialist team of research analysts sheds
light on various traits such as global market competition, market share, most
recent industry advancements, innovative product launches, partnerships,
mergers, or acquisitions by leading companies in the global smart
utilities management market. The major players have been analyzed by
using research methodologies for getting insight views on market competition.
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Key questions resolved through this analytical market research report
include:
·
What are the latest trends, new patterns, and
technological advancements in the global smart utilities management market?
·
Which factors are influencing the global smart
utilities management market over the forecast period?
·
What are the global challenges, threats, and
risks in the global smart utilities management market?
·
Which factors are propelling and restraining the
global smart
utilities management market?
·
What are the demanding global regions of the
global smart
utilities management market?
·
What will be the market size in the upcoming
years?
·
What are the crucial market acquisition
strategies and policies applied by the companies?
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the requirement of different businesses, regions, and countries, we offer
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Table Of Content:
1. MARKET INTRODUCTION
2. RESEARCH METHODOLOGY OR ASSUMPTION
3. MARKET SYNOPSIS
4. EXECUTIVE SUMMARY
5. SMART UTILITIES MANAGEMENT MARKET
COVID-19 IMPACT
6. SMART UTILITIES MANAGEMENT MARKET
REVENUE (USD BN), 2019-2027F
7. MARKET INSIGHTS BY TYPE
8. MARKET INSIGHTS BY APPLICATION
9. MARKET INSIGHTS BY COUNTRY
10. SMART UTILITIES MANAGEMENT MARKET DYNAMICS
11. SMART UTILITIES MANAGEMENT MARKET
OPPORTUNITIES
12. SMART UTILITIES MANAGEMENT MARKET TRENDS
13. LEGAL & REGULATORY FRAMEWORK
14. DEMAND AND SUPPLY SIDE ANALYSIS
15. VALUE CHAIN ANALYSIS
16. COMPETITIVE SCENARIO
17. COMPANY PROFILED
18. DISCLAIMER
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