Market Data: Meter Data Management

MDM Systems and Meter Data Analytics: Global Market Trends and Forecasts

Globally, billions of data points are logged daily from more than 500 million installed smart electric meters. Navigant Research expects global smart meter deployments to remain steady, estimating that smart meter penetration rates will increase from approximately 50% in 2015 to 70% in 2020 in North America, from 20% to 55% in Europe, and from 30% to 40% in Asia Pacific. The increasing volume of meter data and new applications that rely on this data, such as demand-side management and grid optimization, have driven the need for enhanced meter data management systems (MDMSs) and meter data analytics (MDA).

MDMSs help utilities turn meter data into valuable insights that improve the operation of the grid. The growing need for both prescriptive and predictive analytics as a method for gaining insight has supported developments in MDA solutions, a distinct but increasingly integrated part of MDMSs. New MDMS and MDA technologies are ever more sophisticated, and both incumbent and newer market entrants are looking past the concept of MDMSs to a future of multivariate data management systems. In this future, data from distributed sensors, smart inverters, appliances, etc. can be collected, organized, managed, and analyzed in addition to smart meter data. Such solutions will disrupt the market and could even displace MDMS technologies altogether.

This Navigant Research report provides an analysis of global market trends that are affecting the uptake of meter data management (MDM) technologies. The study analyzes the market in two key categories, MDMSs and MDA, which are further broken down into four segments: software licenses and upgrades, services, maintenance, and software as a service (SaaS). Global market forecasts for revenue, broken out by segment and region, extend through 2024. The report also examines the key technology developments, drivers, and barriers related to MDMSs and MDA.

Key Questions Addressed:
  • What is a meter data management system (MDMS)?
  • What is meter data analytics (MDA)?
  • What is the difference between MDMSs and MDA?
  • Which regions offer more promising growth opportunities for the related technologies?
  • What needs are driving technology developments for MDMSs and MDA?
  • How will MDMSs and MDA evolve over the next 10 years?
Who needs this report?
  • Utilities
  • Regulators
  • IT vendors
  • Meter vendors
  • Meter communications vendors
  • Analytics vendors
  • Managed services vendors
  • Investor community

Table of Contents

1. Executive Summary     

1.1  Meter Data Management Systems and Analytics Market Overview

1.2  Market Forecast

2. Data and Market Assumptions

2.1  Market Forecast Methodology

2.1.1  Market Segmentation

2.2  Market Definition

2.2.1  MDMS Definition and Evolution

2.2.2  MDA Definition and Scope

2.3  Market Drivers

2.4  Market Barriers

 3. Market Forecasts

3.1  Global Market Overview

3.2  Regional Markets

3.2.1  North America

3.2.2  Europe

3.2.3  Asia Pacific

3.2.4  Latin America

3.2.5  Middle East & Africa

4. Acronym and Abbreviation List
5. Table of Contents
6. Table of Charts and Figures
7. Scope of Study, Sources and Methodology, Notes

List of Charts and Figures

  • Meter Data Management Systems and Analytics Revenue by Region, World Markets: 2015-2024
  • Meter Data Management Systems Revenue by Segment, North America: 2015-2024
  • Meter Data Analytics Revenue by Segment, North America: 2015-2024
  • Meter Data Management Systems Revenue by Segment, Europe: 2015-2024
  • Meter Data Analytics Revenue by Segment, Europe: 2015-2024
  • Meter Data Management Systems Revenue by Segment, Asia Pacific: 2015-2024
  • Meter Data Analytics Revenue by Segment, Asia Pacific: 2015-2024
  • Meter Data Management Systems Revenue by Segment, Latin America: 2015-2024
  • Meter Data Analytics Revenue by Segment, Latin America: 2015-2024
  • Meter Data Management Systems Revenue by Segment, Middle East & Africa: 2015-2024
  • Meter Data Analytics Revenue by Segment, Middle East & Africa: 2015-2024

List of Tables     

  • Installed Base of Electronic Meters by Region, World Markets: 2015-2024
  • Installed Base of Smart Meters by Region, World Markets: 2015-2024
  • Meter Data Management Systems and Analytics Revenue by Region, World Markets: 2015-2024
  • Meter Data Management Systems Revenue by Region, World Markets: 2015-2024
  • Meter Data Analytics Revenue by Region, World Markets: 2015-2024
  • Meter Data Management Systems Revenue by Segment, World Markets: 2015-2024
  • Meter Data Analytics Revenue by Segment, World Markets: 2015-2024
  • Meter Data Management Systems Revenue by Segment, North America: 2015-2024
  • Meter Data Analytics Revenue by Segment, North America: 2015-2024
  • Meter Data Management Systems Revenue by Segment, Europe: 2015-2024
  • Meter Data Analytics Revenue by Segment, Europe: 2015-2024
  • Meter Data Management Systems Revenue by Segment, Asia Pacific: 2015-2024
  • Meter Data Analytics Revenue by Segment, Asia Pacific: 2015-2024
  • Meter Data Management Systems Revenue by Segment, Latin America: 2015-2024
  • Meter Data Analytics Revenue by Segment, Latin America: 2015-2024
  • Meter Data Management Systems Revenue by Segment, Middle East & Africa: 2015-2024
  • Meter Data Analytics Revenue by Segment, Middle East & Africa: 2015-2024

{"userID":"","pageName":"Market Data: Meter Data Management","path":"\/research\/market-data-meter-data-management","date":"11\/20\/2017"}