The Latin America, Middle East and Africa Utilities Asset Management Market would witness market growth of 16.8% CAGR during the forecast period (2022-2028).
Electric utilities must be proactive in the future since will have to cope with an "old" network while constructing a "new" one. The Internet of Things (IoT) facilitates this transformation. The Internet of Things (IoT) is not a single technology but rather a concept that connects and enables the majority of new objects. It will open the door for large data analysis and operations that would have been unthinkable without IoT.
With the Internet of Things and large data comes data security and governance. With the emergence of big data and new technologies, data security and piracy must be addressed. Data security has never been a major worry for utilities since the infrastructure in question was difficult to access and the rewards for hackers were modest.
As smart houses become connected to the transmission network via the distribution grid in the future, it will be simpler for hackers to access the power network. Consequently, effective cyber security measures are required to combat cyberattacks. For the bulk electricity system, cyber security is a massive and rising obstacle.
The United Arab Emirates seeks to establish a renewable energy-based infrastructure for electricity generation that is sustainable. A surge in population, a developing economy, and climatic factors are driving a rapid increase in the demand for energy and water, which is predicted to continue to climb at a rate of around 10 percent per year over the next decade which accelerates the growth of the utilities asset management market in this region.
The Brazil market dominated the LAMEA Utilities Asset Management Market by Country in 2021; thereby, achieving a market value of $202.8 million by 2028. The Argentina market is showcasing a CAGR of 17.4% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 16.5% during (2022 - 2028).
Based on Component, the market is segmented into Hardware (Sensors, Cameras, and Others), Software, and Services. Based on Utility Type, the market is segmented into Public Utilities and Private Utilities. Based on Application, the market is segmented into Transmission & Distribution Lines, Sub-station, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Utilities Asset Management Market is Predict to reach $8.4 Billion by 2028, at a CAGR of 11.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Electric (GE) Co., ABB Group, Siemens AG, Eaton Corporation, IBM Corporation, Schneider Electric SE, Fujitsu Limited, IFS AB, Getac Technology Corporation and S&C Electric Company.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Utility Type
- Public Utilities
- Private Utilities
By Application
- Transmission & Distribution Lines
- Sub-station
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- General Electric (GE) Co.
- ABB Group
- Siemens AG
- Eaton Corporation
- IBM Corporation
- Schneider Electric SE
- Fujitsu Limited
- IFS AB
- Getac Technology Corporation
- S&C Electric Company
TABLE 1 LAMEA Utilities Asset Management Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Utilities Asset Management Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Utilities Asset Management Market
TABLE 4 Product Launches And Product Expansions – Utilities Asset Management Market
TABLE 5 Acquisition and Mergers – Utilities Asset Management Market
TABLE 6 LAMEA Utilities Asset Management Market by Component, 2018 - 2021, USD Million
TABLE 7 LAMEA Utilities Asset Management Market by Component, 2022 - 2028, USD Million
TABLE 8 LAMEA Hardware Market by Country, 2018 - 2021, USD Million
TABLE 9 LAMEA Hardware Market by Country, 2022 - 2028, USD Million
TABLE 10 LAMEA Utilities Asset Management Market by Hardware Type, 2018 - 2021, USD Million
TABLE 11 LAMEA Utilities Asset Management Market by Hardware Type, 2022 - 2028, USD Million
TABLE 12 LAMEA Sensors Market by Country, 2018 - 2021, USD Million
TABLE 13 LAMEA Sensors Market by Country, 2022 - 2028, USD Million
TABLE 14 LAMEA Cameras Market by Country, 2018 - 2021, USD Million
TABLE 15 LAMEA Cameras Market by Country, 2022 - 2028, USD Million
TABLE 16 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 17 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 18 LAMEA Software Market by Country, 2018 - 2021, USD Million
TABLE 19 LAMEA Software Market by Country, 2022 - 2028, USD Million
TABLE 20 LAMEA Services Market by Country, 2018 - 2021, USD Million
TABLE 21 LAMEA Services Market by Country, 2022 - 2028, USD Million
TABLE 22 LAMEA Utilities Asset Management Market by Utility Type, 2018 - 2021, USD Million
TABLE 23 LAMEA Utilities Asset Management Market by Utility Type, 2022 - 2028, USD Million
TABLE 24 LAMEA Public Utilities Market by Country, 2018 - 2021, USD Million
TABLE 25 LAMEA Public Utilities Market by Country, 2022 - 2028, USD Million
TABLE 26 LAMEA Private Utilities Market by Country, 2018 - 2021, USD Million
TABLE 27 LAMEA Private Utilities Market by Country, 2022 - 2028, USD Million
TABLE 28 LAMEA Utilities Asset Management Market by Application, 2018 - 2021, USD Million
TABLE 29 LAMEA Utilities Asset Management Market by Application, 2022 - 2028, USD Million
TABLE 30 LAMEA Transmission & Distribution Lines Market by Country, 2018 - 2021, USD Million
TABLE 31 LAMEA Transmission & Distribution Lines Market by Country, 2022 - 2028, USD Million
TABLE 32 LAMEA Sub-station Market by Country, 2018 - 2021, USD Million
TABLE 33 LAMEA Sub-station Market by Country, 2022 - 2028, USD Million
TABLE 34 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 35 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 36 LAMEA Utilities Asset Management Market by Country, 2018 - 2021, USD Million
TABLE 37 LAMEA Utilities Asset Management Market by Country, 2022 - 2028, USD Million
TABLE 38 Brazil Utilities Asset Management Market, 2018 - 2021, USD Million
TABLE 39 Brazil Utilities Asset Management Market, 2022 - 2028, USD Million
TABLE 40 Brazil Utilities Asset Management Market by Component, 2018 - 2021, USD Million
TABLE 41 Brazil Utilities Asset Management Market by Component, 2022 - 2028, USD Million
TABLE 42 Brazil Utilities Asset Management Market by Hardware Type, 2018 - 2021, USD Million
TABLE 43 Brazil Utilities Asset Management Market by Hardware Type, 2022 - 2028, USD Million
TABLE 44 Brazil Utilities Asset Management Market by Utility Type, 2018 - 2021, USD Million
TABLE 45 Brazil Utilities Asset Management Market by Utility Type, 2022 - 2028, USD Million
TABLE 46 Brazil Utilities Asset Management Market by Application, 2018 - 2021, USD Million
TABLE 47 Brazil Utilities Asset Management Market by Application, 2022 - 2028, USD Million
TABLE 48 Argentina Utilities Asset Management Market, 2018 - 2021, USD Million
TABLE 49 Argentina Utilities Asset Management Market, 2022 - 2028, USD Million
TABLE 50 Argentina Utilities Asset Management Market by Component, 2018 - 2021, USD Million
TABLE 51 Argentina Utilities Asset Management Market by Component, 2022 - 2028, USD Million
TABLE 52 Argentina Utilities Asset Management Market by Hardware Type, 2018 - 2021, USD Million
TABLE 53 Argentina Utilities Asset Management Market by Hardware Type, 2022 - 2028, USD Million
TABLE 54 Argentina Utilities Asset Management Market by Utility Type, 2018 - 2021, USD Million
TABLE 55 Argentina Utilities Asset Management Market by Utility Type, 2022 - 2028, USD Million
TABLE 56 Argentina Utilities Asset Management Market by Application, 2018 - 2021, USD Million
TABLE 57 Argentina Utilities Asset Management Market by Application, 2022 - 2028, USD Million
TABLE 58 UAE Utilities Asset Management Market, 2018 - 2021, USD Million
TABLE 59 UAE Utilities Asset Management Market, 2022 - 2028, USD Million
TABLE 60 UAE Utilities Asset Management Market by Component, 2018 - 2021, USD Million
TABLE 61 UAE Utilities Asset Management Market by Component, 2022 - 2028, USD Million
TABLE 62 UAE Utilities Asset Management Market by Hardware Type, 2018 - 2021, USD Million
TABLE 63 UAE Utilities Asset Management Market by Hardware Type, 2022 - 2028, USD Million
TABLE 64 UAE Utilities Asset Management Market by Utility Type, 2018 - 2021, USD Million
TABLE 65 UAE Utilities Asset Management Market by Utility Type, 2022 - 2028, USD Million
TABLE 66 UAE Utilities Asset Management Market by Application, 2018 - 2021, USD Million
TABLE 67 UAE Utilities Asset Management Market by Application, 2022 - 2028, USD Million
TABLE 68 Saudi Arabia Utilities Asset Management Market, 2018 - 2021, USD Million
TABLE 69 Saudi Arabia Utilities Asset Management Market, 2022 - 2028, USD Million
TABLE 70 Saudi Arabia Utilities Asset Management Market by Component, 2018 - 2021, USD Million
TABLE 71 Saudi Arabia Utilities Asset Management Market by Component, 2022 - 2028, USD Million
TABLE 72 Saudi Arabia Utilities Asset Management Market by Hardware Type, 2018 - 2021, USD Million
TABLE 73 Saudi Arabia Utilities Asset Management Market by Hardware Type, 2022 - 2028, USD Million
TABLE 74 Saudi Arabia Utilities Asset Management Market by Utility Type, 2018 - 2021, USD Million
TABLE 75 Saudi Arabia Utilities Asset Management Market by Utility Type, 2022 - 2028, USD Million
TABLE 76 Saudi Arabia Utilities Asset Management Market by Application, 2018 - 2021, USD Million
TABLE 77 Saudi Arabia Utilities Asset Management Market by Application, 2022 - 2028, USD Million
TABLE 78 South Africa Utilities Asset Management Market, 2018 - 2021, USD Million
TABLE 79 South Africa Utilities Asset Management Market, 2022 - 2028, USD Million
TABLE 80 South Africa Utilities Asset Management Market by Component, 2018 - 2021, USD Million
TABLE 81 South Africa Utilities Asset Management Market by Component, 2022 - 2028, USD Million
TABLE 82 South Africa Utilities Asset Management Market by Hardware Type, 2018 - 2021, USD Million
TABLE 83 South Africa Utilities Asset Management Market by Hardware Type, 2022 - 2028, USD Million
TABLE 84 South Africa Utilities Asset Management Market by Utility Type, 2018 - 2021, USD Million
TABLE 85 South Africa Utilities Asset Management Market by Utility Type, 2022 - 2028, USD Million
TABLE 86 South Africa Utilities Asset Management Market by Application, 2018 - 2021, USD Million
TABLE 87 South Africa Utilities Asset Management Market by Application, 2022 - 2028, USD Million
TABLE 88 Nigeria Utilities Asset Management Market, 2018 - 2021, USD Million
TABLE 89 Nigeria Utilities Asset Management Market, 2022 - 2028, USD Million
TABLE 90 Nigeria Utilities Asset Management Market by Component, 2018 - 2021, USD Million
TABLE 91 Nigeria Utilities Asset Management Market by Component, 2022 - 2028, USD Million
TABLE 92 Nigeria Utilities Asset Management Market by Hardware Type, 2018 - 2021, USD Million
TABLE 93 Nigeria Utilities Asset Management Market by Hardware Type, 2022 - 2028, USD Million
TABLE 94 Nigeria Utilities Asset Management Market by Utility Type, 2018 - 2021, USD Million
TABLE 95 Nigeria Utilities Asset Management Market by Utility Type, 2022 - 2028, USD Million
TABLE 96 Nigeria Utilities Asset Management Market by Application, 2018 - 2021, USD Million
TABLE 97 Nigeria Utilities Asset Management Market by Application, 2022 - 2028, USD Million
TABLE 98 Rest of LAMEA Utilities Asset Management Market, 2018 - 2021, USD Million
TABLE 99 Rest of LAMEA Utilities Asset Management Market, 2022 - 2028, USD Million
TABLE 100 Rest of LAMEA Utilities Asset Management Market by Component, 2018 - 2021, USD Million
TABLE 101 Rest of LAMEA Utilities Asset Management Market by Component, 2022 - 2028, USD Million
TABLE 102 Rest of LAMEA Utilities Asset Management Market by Hardware Type, 2018 - 2021, USD Million
TABLE 103 Rest of LAMEA Utilities Asset Management Market by Hardware Type, 2022 - 2028, USD Million
TABLE 104 Rest of LAMEA Utilities Asset Management Market by Utility Type, 2018 - 2021, USD Million
TABLE 105 Rest of LAMEA Utilities Asset Management Market by Utility Type, 2022 - 2028, USD Million
TABLE 106 Rest of LAMEA Utilities Asset Management Market by Application, 2018 - 2021, USD Million
TABLE 107 Rest of LAMEA Utilities Asset Management Market by Application, 2022 - 2028, USD Million
TABLE 108 Key Information – ABB Group
TABLE 109 KEY INFORMATION – GENERAL ELECTRIC (GE) CO.
TABLE 110 Key information – Schneider Electric SE
TABLE 111 Key Information – Siemens AG
TABLE 112 key information – Eaton Corporation PLC
TABLE 113 Key information – IBM Corporation
TABLE 114 Key Information – Fujitsu Limited
TABLE 115 Key information – S&C Electric Company
TABLE 116 Key Information – IFS AB
TABLE 117 Key Information – Getac Technology Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Acquisitions and Mergers : 2020, Nov – 2022, Aug) Leading Players
FIG 6 SWOT Analysis: ABB Group
FIG 7 Recent strategies and developments: General Electric (GE) Co.
FIG 8 Swot analysis: General electric (GE) Co.
FIG 9 Swot analysis: Schneider Electric SE
FIG 10 Swot analysis: Siemens AG
FIG 11 SWOT Analysis: Fujitsu Limited