ICT RESEARCH REPORTS Advanced-Metering-Infrastructure-Market | Page 2

Advanced Metering Infrastructure: Regional Insights
On the basis of region, the advance metering infrastructure market is segmented into North
America, Europe, Asia Pacific, Middle East, and Africa. The North America held the dominant
position in the market in 2017 and is projected to retain its dominance throughout the forecast
period. The U.S. is anticipated to hold highest market share, followed by Canada throughout the
forecast period. Growth in number of the IoT-based devices in various verticals such as
electricity, water, gas, and others is major factor driving growth of the market. A major trend
observed in these countries of the region is installing smart water meters, which helps
consumers to improve management of water consumption through access of real-time usage
data. For instance, In August 2016, Pleasanton City (U.S) had deployed around 22,000 smart
water meters. Thus, the city will able to reduce the daily average water ration per user by 50
litres a day and city-wide consumption by 450 million litres a day. Therefore, IoT-based devices
are fuelling growth of the market.
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Advanced Metering Infrastructure: Competitive Background
AMI market is characterized by the consolidated presence of some of the key players in the
industry that include IBM Corporation, General Electric, Itron, Inc. The major vendors covered in
the AMI market include Cisco Systems, Inc., IBM Corporation, General Electric, Schneider Electric
SE, Itron, Inc., Clara Technologies, Elster Group GmbH, Sensus, Tieto Corporation, and Trilliant,
Inc. Mergers & acquisition is major strategy adopted by the key industry players to maintain their
strong industry foothold. For instance, Itron acquired Actaris Metering Systems which is
producing water, gas, heat and electricity meters and associated systems.
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