The Asia Pacific Smart Meter Data Management Market would witness market growth of 18.0% CAGR during the forecast period (2023-2030).
Smart meter data management is a kind of software that validates, stores, and makes pre-processed meter data available to business applications upstream. Also, smart meters are utilized by a variety of major suppliers for a variety of objectives, including assisting businesses with revenue management by increasing meter and billing quality, giving correct bills to end users, and assisting consumers with energy saving. Detecting energy theft, estimating meter readings, and improving overall energy efficiency are all advantages of the smart meter management system over the old metering system.
The process of collecting, storing, and managing enormous amounts of data from various smart metering devices, such as water meters and gas meters, can be performed with smart meter data management. Moreover, it assists organizations in gathering, storing, and processing various forms of data in order to assist enterprises in dealing with the growing number of data and gives important information for gaining superior insights. Smart meter data management software also minimizes human errors and offers real-time data on smart meters.
China is expected to install 800 million smart meters by 2020, putting it in first place in terms of the number of installations. The Smart Grid Corporation of China (SGCC) has been updating the power industry (including energy-equipment manufacture), decreasing the deployment of new coal-fired power plants, assuring dependable power supply, and maintaining national power security over the last five years. Thus, these factors are likely to accelerate the growth of the regional market throughout the forecast period.
The China market dominated the Asia Pacific Smart Meter Data Management Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $508.1 million by 2030. The Japan market is experiencing a CAGR of 17.2% during (2023 - 2030). Additionally, The India market would exhibit a CAGR of 18.7% during (2023 - 2030).
Based on Component, the market is segmented into Software and Services. Based on Application, the market is segmented into Electric Meters, Gas Meters and Water Meters. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global Smart Meter Data Management Market is Predict to reach $4.9 Billion by 2030, at a CAGR of 17.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Oracle Corporation, Trilliant Holdings, Inc., Itron, Inc., Arad Group, Siemens AG, ABB Group, Honeywell International, Inc., Eaton Corporation PLC, Hubbell Incorporated and Hansen Technologies, Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Application
- Electric Meters
- Gas Meters
- Water Meters
By Deployment Mode
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Oracle Corporation
- Trilliant Holdings, Inc.
- Itron, Inc.
- Arad Group
- Siemens AG
- ABB Group
- Honeywell International, Inc.
- Eaton Corporation PLC
- Hubbell Incorporated
- Hansen Technologies, Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Smart Meter Data Management Market, by Component
1.4.2 Asia Pacific Smart Meter Data Management Market, by Application
1.4.3 Asia Pacific Smart Meter Data Management Market, by Deployment Mode
1.4.4 Asia Pacific Smart Meter Data Management Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jan – 2023, Nov) Leading Players
4.4 Porter Five Forces Analysis
Chapter 5. Asia Pacific Smart Meter Data Management Market, By Component
5.1 Asia Pacific Software Market, By Country
5.2 Asia Pacific Services Market, By Country
Chapter 6. Asia Pacific Smart Meter Data Management Market, By Application
6.1 Asia Pacific Electric Meters Market, By Country
6.2 Asia Pacific Gas Meters Market, By Country
6.3 Asia Pacific Water Meters Market, By Country
Chapter 7. Asia Pacific Smart Meter Data Management Market, By Deployment Mode
7.1 Asia Pacific On-premise Market, By Country
7.2 Asia Pacific Cloud Market, By Country
Chapter 8. Asia Pacific Smart Meter Data Management Market, By Country
8.1 China Smart Meter Data Management Market
8.1.1 China Smart Meter Data Management Market, By Component
8.1.2 China Smart Meter Data Management Market, By Application
8.1.3 China Smart Meter Data Management Market, By Deployment Mode
8.2 Japan Smart Meter Data Management Market
8.2.1 Japan Smart Meter Data Management Market, By Component
8.2.2 Japan Smart Meter Data Management Market, By Application
8.2.3 Japan Smart Meter Data Management Market, By Deployment Mode
8.3 India Smart Meter Data Management Market
8.3.1 India Smart Meter Data Management Market, By Component
8.3.2 India Smart Meter Data Management Market, By Application
8.3.3 India Smart Meter Data Management Market, By Deployment Mode
8.4 South Korea Smart Meter Data Management Market
8.4.1 South Korea Smart Meter Data Management Market, By Component
8.4.2 South Korea Smart Meter Data Management Market, By Application
8.4.3 South Korea Smart Meter Data Management Market, By Deployment Mode
8.5 Singapore Smart Meter Data Management Market
8.5.1 Singapore Smart Meter Data Management Market, By Component
8.5.2 Singapore Smart Meter Data Management Market, By Application
8.5.3 Singapore Smart Meter Data Management Market, By Deployment Mode
8.6 Malaysia Smart Meter Data Management Market
8.6.1 Malaysia Smart Meter Data Management Market, By Component
8.6.2 Malaysia Smart Meter Data Management Market, By Application
8.6.3 Malaysia Smart Meter Data Management Market, By Deployment Mode
8.7 Rest of Asia Pacific Smart Meter Data Management Market
8.7.1 Rest of Asia Pacific Smart Meter Data Management Market, By Component
8.7.2 Rest of Asia Pacific Smart Meter Data Management Market, By Application
8.7.3 Rest of Asia Pacific Smart Meter Data Management Market, By Deployment Mode
Chapter 9. Company Profiles
9.1 Oracle Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Trilliant Holdings, Inc.
9.2.1 Company Overview
9.2.2 Recent strategies and developments:
9.2.2.1 Partnerships, Collaborations, and Agreements:
9.2.2.2 Product Launches and Product Expansions:
9.3 Itron, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 Arad Group
9.4.1 Company Overview
9.5 Siemens AG
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 ABB Group
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.6.6 SWOT Analysis
9.7 Honeywell International, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.5.2 Product Launches and Product Expansions:
9.7.6 SWOT Analysis
9.8 Eaton Corporation PLC
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 SWOT Analysis
9.9 Hubbell Incorporated
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 SWOT Analysis
9.10. Hansen Technologies Ltd.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Regional Analysis
TABLE 1 Asia Pacific Smart Meter Data Management Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Smart Meter Data Management Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Smart Meter Data Management Market
TABLE 4 Product Launches And Product Expansions– Smart Meter Data Management Market
TABLE 5 Acquisition and Mergers– Smart Meter Data Management Market
TABLE 6 Asia Pacific Smart Meter Data Management Market, By Component, 2019 - 2022, USD Million
TABLE 7 Asia Pacific Smart Meter Data Management Market, By Component, 2023 - 2030, USD Million
TABLE 8 Asia Pacific Software Market, By Country, 2019 - 2022, USD Million
TABLE 9 Asia Pacific Software Market, By Country, 2023 - 2030, USD Million
TABLE 10 Asia Pacific Services Market, By Country, 2019 - 2022, USD Million
TABLE 11 Asia Pacific Services Market, By Country, 2023 - 2030, USD Million
TABLE 12 Asia Pacific Smart Meter Data Management Market, By Application, 2019 - 2022, USD Million
TABLE 13 Asia Pacific Smart Meter Data Management Market, By Application, 2023 - 2030, USD Million
TABLE 14 Asia Pacific Electric Meters Market, By Country, 2019 - 2022, USD Million
TABLE 15 Asia Pacific Electric Meters Market, By Country, 2023 - 2030, USD Million
TABLE 16 Asia Pacific Gas Meters Market, By Country, 2019 - 2022, USD Million
TABLE 17 Asia Pacific Gas Meters Market, By Country, 2023 - 2030, USD Million
TABLE 18 Asia Pacific Water Meters Market, By Country, 2019 - 2022, USD Million
TABLE 19 Asia Pacific Water Meters Market, By Country, 2023 - 2030, USD Million
TABLE 20 Asia Pacific Smart Meter Data Management Market, By Deployment Mode, 2019 - 2022, USD Million
TABLE 21 Asia Pacific Smart Meter Data Management Market, By Deployment Mode, 2023 - 2030, USD Million
TABLE 22 Asia Pacific On-premise Market, By Country, 2019 - 2022, USD Million
TABLE 23 Asia Pacific On-premise Market, By Country, 2023 - 2030, USD Million
TABLE 24 Asia Pacific Cloud Market, By Country, 2019 - 2022, USD Million
TABLE 25 Asia Pacific Cloud Market, By Country, 2023 - 2030, USD Million
TABLE 26 Asia Pacific Smart Meter Data Management Market, By Country, 2019 - 2022, USD Million
TABLE 27 Asia Pacific Smart Meter Data Management Market, By Country, 2023 - 2030, USD Million
TABLE 28 China Smart Meter Data Management Market, 2019 - 2022, USD Million
TABLE 29 China Smart Meter Data Management Market, 2023 - 2030, USD Million
TABLE 30 China Smart Meter Data Management Market, By Component, 2019 - 2022, USD Million
TABLE 31 China Smart Meter Data Management Market, By Component, 2023 - 2030, USD Million
TABLE 32 China Smart Meter Data Management Market, By Application, 2019 - 2022, USD Million
TABLE 33 China Smart Meter Data Management Market, By Application, 2023 - 2030, USD Million
TABLE 34 China Smart Meter Data Management Market, By Deployment Mode, 2019 - 2022, USD Million
TABLE 35 China Smart Meter Data Management Market, By Deployment Mode, 2023 - 2030, USD Million
TABLE 36 Japan Smart Meter Data Management Market, 2019 - 2022, USD Million
TABLE 37 Japan Smart Meter Data Management Market, 2023 - 2030, USD Million
TABLE 38 Japan Smart Meter Data Management Market, By Component, 2019 - 2022, USD Million
TABLE 39 Japan Smart Meter Data Management Market, By Component, 2023 - 2030, USD Million
TABLE 40 Japan Smart Meter Data Management Market, By Application, 2019 - 2022, USD Million
TABLE 41 Japan Smart Meter Data Management Market, By Application, 2023 - 2030, USD Million
TABLE 42 Japan Smart Meter Data Management Market, By Deployment Mode, 2019 - 2022, USD Million
TABLE 43 Japan Smart Meter Data Management Market, By Deployment Mode, 2023 - 2030, USD Million
TABLE 44 India Smart Meter Data Management Market, 2019 - 2022, USD Million
TABLE 45 India Smart Meter Data Management Market, 2023 - 2030, USD Million
TABLE 46 India Smart Meter Data Management Market, By Component, 2019 - 2022, USD Million
TABLE 47 India Smart Meter Data Management Market, By Component, 2023 - 2030, USD Million
TABLE 48 India Smart Meter Data Management Market, By Application, 2019 - 2022, USD Million
TABLE 49 India Smart Meter Data Management Market, By Application, 2023 - 2030, USD Million
TABLE 50 India Smart Meter Data Management Market, By Deployment Mode, 2019 - 2022, USD Million
TABLE 51 India Smart Meter Data Management Market, By Deployment Mode, 2023 - 2030, USD Million
TABLE 52 South Korea Smart Meter Data Management Market, 2019 - 2022, USD Million
TABLE 53 South Korea Smart Meter Data Management Market, 2023 - 2030, USD Million
TABLE 54 South Korea Smart Meter Data Management Market, By Component, 2019 - 2022, USD Million
TABLE 55 South Korea Smart Meter Data Management Market, By Component, 2023 - 2030, USD Million
TABLE 56 South Korea Smart Meter Data Management Market, By Application, 2019 - 2022, USD Million
TABLE 57 South Korea Smart Meter Data Management Market, By Application, 2023 - 2030, USD Million
TABLE 58 South Korea Smart Meter Data Management Market, By Deployment Mode, 2019 - 2022, USD Million
TABLE 59 South Korea Smart Meter Data Management Market, By Deployment Mode, 2023 - 2030, USD Million
TABLE 60 Singapore Smart Meter Data Management Market, 2019 - 2022, USD Million
TABLE 61 Singapore Smart Meter Data Management Market, 2023 - 2030, USD Million
TABLE 62 Singapore Smart Meter Data Management Market, By Component, 2019 - 2022, USD Million
TABLE 63 Singapore Smart Meter Data Management Market, By Component, 2023 - 2030, USD Million
TABLE 64 Singapore Smart Meter Data Management Market, By Application, 2019 - 2022, USD Million
TABLE 65 Singapore Smart Meter Data Management Market, By Application, 2023 - 2030, USD Million
TABLE 66 Singapore Smart Meter Data Management Market, By Deployment Mode, 2019 - 2022, USD Million
TABLE 67 Singapore Smart Meter Data Management Market, By Deployment Mode, 2023 - 2030, USD Million
TABLE 68 Malaysia Smart Meter Data Management Market, 2019 - 2022, USD Million
TABLE 69 Malaysia Smart Meter Data Management Market, 2023 - 2030, USD Million
TABLE 70 Malaysia Smart Meter Data Management Market, By Component, 2019 - 2022, USD Million
TABLE 71 Malaysia Smart Meter Data Management Market, By Component, 2023 - 2030, USD Million
TABLE 72 Malaysia Smart Meter Data Management Market, By Application, 2019 - 2022, USD Million
TABLE 73 Malaysia Smart Meter Data Management Market, By Application, 2023 - 2030, USD Million
TABLE 74 Malaysia Smart Meter Data Management Market, By Deployment Mode, 2019 - 2022, USD Million
TABLE 75 Malaysia Smart Meter Data Management Market, By Deployment Mode, 2023 - 2030, USD Million
TABLE 76 Rest of Asia Pacific Smart Meter Data Management Market, 2019 - 2022, USD Million
TABLE 77 Rest of Asia Pacific Smart Meter Data Management Market, 2023 - 2030, USD Million
TABLE 78 Rest of Asia Pacific Smart Meter Data Management Market, By Component, 2019 - 2022, USD Million
TABLE 79 Rest of Asia Pacific Smart Meter Data Management Market, By Component, 2023 - 2030, USD Million
TABLE 80 Rest of Asia Pacific Smart Meter Data Management Market, By Application, 2019 - 2022, USD Million
TABLE 81 Rest of Asia Pacific Smart Meter Data Management Market, By Application, 2023 - 2030, USD Million
TABLE 82 Rest of Asia Pacific Smart Meter Data Management Market, By Deployment Mode, 2019 - 2022, USD Million
TABLE 83 Rest of Asia Pacific Smart Meter Data Management Market, By Deployment Mode, 2023 - 2030, USD Million
TABLE 84 Key Information – Oracle Corporation
TABLE 85 Key Information – Trilliant Holdings, Inc.
TABLE 86 Key Information – Itron, Inc.
TABLE 87 Key Information – Arad Group
TABLE 88 Key Information – Siemens AG
TABLE 89 Key Information – ABB Group
TABLE 90 Key Information – Honeywell International, Inc.
TABLE 91 Key Information – Eaton Corporation PLC
TABLE 92 Key Information – Hubbell Incorporated
TABLE 93 Key Information – Hansen Technologies Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Smart Meter Data Management Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Smart Meter Data Management Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jan – 2023, Nov) Leading Players
FIG 7 Porter’s Five Forces Analysis – Smart Meter Data Management Market
FIG 8 Asia Pacific Smart Meter Data Management Market share, By Component, 2022
FIG 9 Asia Pacific Smart Meter Data Management Market share, By Component, 2030
FIG 10 Asia Pacific Smart Meter Data Management Market, By Component, 2019 - 2030, USD Million
FIG 11 Asia Pacific Smart Meter Data Management Market share, By Application, 2022
FIG 12 Asia Pacific Smart Meter Data Management Market share, By Application, 2030
FIG 13 Asia Pacific Smart Meter Data Management Market, By Application, 2019 - 2030, USD Million
FIG 14 Asia Pacific Smart Meter Data Management Market share, By Deployment Mode, 2022
FIG 15 Asia Pacific Smart Meter Data Management Market share, By Deployment Mode, 2030
FIG 16 Asia Pacific Smart Meter Data Management Market, By Deployment Mode, 2019 - 2030, USD Million
FIG 17 Asia Pacific Smart Meter Data Management Market share, By Country, 2022
FIG 18 Asia Pacific Smart Meter Data Management Market share, By Country, 2030
FIG 19 Asia Pacific Smart Meter Data Management Market, By Country, 2019 - 2030, USD Million
FIG 20 SWOT Analysis: Oracle Corporation
FIG 21 Recent strategies and developments: Trilliant Holdings, Inc.
FIG 22 Recent strategies and developments: Itron, Inc.
FIG 23 SWOT Analysis: Itron, Inc.
FIG 24 Recent strategies and developments: Siemens AG
FIG 25 SWOT Analysis: Siemens AG
FIG 26 SWOT Analysis: ABB Group
FIG 27 Recent strategies and developments: Honeywell International, Inc.
FIG 28 SWOT Analysis: Honeywell international, inc.
FIG 29 SWOT Analysis: Eaton Corporation PLC
FIG 30 SWOT Analysis: Hubbell Incorporated