Europe Smart Meter Data Management Market 2024-2032

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $1,500	157 Pages	Triton Market Research	May, 2024	TRTN18798866

Best Price Guarantee
Price	from $1,500
Length	157 Pages
Publisher	Triton Market Research
Published Date	May, 2024
SKU	TRTN18798866

Europe Smart Meter Data Management Market 2024-2032

Market Outlook

Triton’s research states that the Europe smart meter data management market is expected to register a CAGR of 16.02% during the 2024-2032 forecast years. The United Kingdom, France, Germany, Italy, Spain, Poland, and the Rest of Europe are examined in the regional report.

In France, the Linky smart meters utilize power line carrier technology to communicate with data concentrators. Subsequently, data is transmitted to a central information system via telecommunications networks like GPRS. ERDF, serving as the DSO overseeing electricity distribution activities for the majority of French municipalities, is accountable for the implementation and ownership of the rollout of metering data. French legislation mandates that access to metering data by third parties requires agreement from network users. This elevates the demand for efficient data management solutions, further widening the scope of the studied market.

Approximately 90% of households in Italy utilize smart meters. This widespread adoption sets the stage for a growing market in smart meter data management. Government initiatives have played a pivotal role in this trajectory. Notably, Italy’s tariff scheme has facilitated investments in new smart meters while facilitating the phasing out of older models. The benefits extend beyond mere technological upgrades, with energy distributors enjoying a noteworthy reduction in annual meter management costs.

Competitive Outlook

The major firms in the smart meter data management market are Honeywell International Inc, Hansen Technologies Corp, Parsons Corporation, and Aclara Technologies LLC.

1. Europe 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. Europe Smart Meter Data Management Market – By Deployment Type: 3.1. Cloud-based; 3.2. On-premise
4. Europe Smart Meter Data Management Market – By Component: 4.1. Services; 4.2. Software
5. Europe Smart Meter Data Management Market – By Application: 5.1. Gas; 5.2. Water; 5.3. Electric
6. Europe Smart Meter Data Management Market – By Country Outlook: 6.1. United Kingdom; 6.1.1. United Kingdom Smart Meter Data Management Market Forecast & Prospects; 6.2. Germany; 6.2.1. Germany Smart Meter Data Management Market Forecast & Prospects; 6.3. France; 6.3.1. France Smart Meter Data Management Market Forecast & Prospects; 6.4. Spain; 6.4.1. Spain Smart Meter Data Management Market Forecast & Prospects; 6.5. Italy; 6.5.1. Italy Smart Meter Data Management Market Forecast & Prospects; 6.6. Poland; 6.6.1. Poland Smart Meter Data Management Market Forecast & Prospects; 6.7. Rest Of Europe; 6.7.1. Rest Of Europe 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: Europe 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: Europe Smart Meter Data Management Market, By Deployment Type, 2024-2032 (In $ Million); Table 8: Europe Smart Meter Data Management Market, By Component, 2024-2032 (In $ Million); Table 9: Europe Smart Meter Data Management Market, By Application, 2024-2032 (In $ Million); Table 10: Europe 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: Europe Smart Meter Data Management Market, By Deployment Type, 2023 & 2032 (In %); Figure 5: Europe Smart Meter Data Management Market, By Cloud-based, 2024-2032 (In $ Million); Figure 6: Europe Smart Meter Data Management Market, By On-premise, 2024-2032 (In $ Million); Figure 7: Europe Smart Meter Data Management Market, By Component, 2023 & 2032 (In %); Figure 8: Europe Smart Meter Data Management Market, By Services, 2024-2032 (In $ Million); Figure 9: Europe Smart Meter Data Management Market, By Software, 2024-2032 (In $ Million); Figure 10: Europe Smart Meter Data Management Market, By Application, 2023 & 2032 (In %); Figure 11: Europe Smart Meter Data Management Market, By Gas, 2024-2032 (In $ Million); Figure 12: Europe Smart Meter Data Management Market, By Water, 2024-2032 (In $ Million); Figure 13: Europe Smart Meter Data Management Market, By Electric, 2024-2032 (In $ Million); Figure 14: Europe Smart Meter Data Management Market, By Country Outlook, 2023 & 2032 (In %); Figure 15: United Kingdom Smart Meter Data Management Market 2024-2032 (In $ Million); Figure 16: Germany Smart Meter Data Management Market 2024-2032 (In $ Million); Figure 17: France Smart Meter Data Management Market 2024-2032 (In $ Million); Figure 18: Spain Smart Meter Data Management Market 2024-2032 (In $ Million); Figure 19: Italy Smart Meter Data Management Market 2024-2032 (In $ Million); Figure 20: Poland Smart Meter Data Management Market 2024-2032 (In $ Million); Figure 21: Rest Of Europe Smart Meter Data Management Market 2024-2032 (In $ Million)