Techno World 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. Browse More About the Market Study @ https://www.coherentmarketinsights.com/ongoing-insight/advanced-metering-infrastructure-market-1388 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. Ask for Discount before Buying @: https://www.coherentmarketinsights.com/insight/request-discount/1388 About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action- ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.