Advanced Metering Infrastructure (AMI)
Market Size, Share, Development by 2023
The Report Global Advanced Metering Infrastructure (AMI) Market by
Manufacturers, Countries, Type and Application, Forecast to 2023
provides information on pricing, market analysis, shares, forecast, and
company profiles for key industry participants.
Global Advanced Metering Infrastructure Market Synopsis:
According to Market Analyst, The Global Advanced Metering Infrastructure Market is expected to grow
at an impressive Compound Annual Growth Rate (CAGR) from 2019 to 2023.
If you want to know more about Advanced Metering Infrastructure, Get Sample Copy of Report @
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Advanced Metering Infrastructure is the integration of hardware, software, and technologies that
provide an intelligent connection between consumers. Consumers by participating in demand response
programs will benefit from lower electricity bills, while electric distribution utilities will be able to avoid
investments in expensive new capacity buildings and benefits from a stable load on a utility grid.
Use of Advanced Metering Infrastructure offers several benefits to the utilities and end consumers,
which includes customer service, system operations, and financial benefits. According to Market study,
The major drivers of this market include increasing global energy demand, government mandates and
legislative compliances; and the need for improved customer service level and utility efficiency.
Global Advanced Metering Infrastructure Market has been segmented on the Basis of device, Industry
and Region. Based on device, Advanced Metering Infrastructure Market can be sub segmented into
Smart Meter, Communications Infrastructure, Meter Data Management Systems (MDMS). The MDM
segment is projected to grow at the highest growth rate due to the large amount of data being
generated and is crucial for the user, hence it is likely to present the largest market opportunity during
the forecast period.
Regionally, Presently, North America and Europe dominate the global AMI market. The demand in these
regions is majorly driven by governmental support in the form of research and developmental activities
of smart grid technology.
Complete report on Advanced Metering Infrastructure Market spread across 125 Pages and No. of
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