North America Meter Data Management System Market Outlook and Strategic Insights by 2027

Historic Data: 2015-2016 | Base Year: 2017 | Forecast Period: 2018-2027

North America Meter Data Management System Market to 2027 - Regional Analysis and Forecasts by Offering (Software and Services); Utility Type (Gas, Water, and Electricity); Application (Smart grid, Microgrid, Energy Storage, EV Charging, and Others); End - User (Residential, Commercial, and Industrial)

Report Date : Jan 2020
Report Code : TIPRE00008598

Category : Technology, Media and Telecommunications
Status : Published

Available Report Formats :
No. of Pages : 142

Page Updated: Feb 2020

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The meter data management system market in North-America is expected to grow from US$ 346.6 Mn in 2017 to US$ 1077.4 Mn by the year 2027 at a CAGR of 13.1% during the forecast period.

The meter data management solutions provide transparency for the utilities and municipalities and thereby enable significantly increased efficiency in reading, billing and service processes. Growing concerns for clean and green energy along with the rising support from the US government, the country’s smart grid deployment is expected to propel during the forecast period. In 2018, the Canadian government announced a US$ 76 Mn call for bids to fund smart grid systems. Investments resulting from this call for bids will support bigger-scale demonstrations of encouraging near-commercial smart grid technologies as well as the installation of smart grid integrated systems for reducing greenhouse gas emissions.

In 2017, the Mexican government announced to invest ~US$ 646 Mn over the next eight years for implementing a smart grid intended to increase network flexibility and reliability. In 2007, the government passed the Energy Independence and Security Act, describing characteristics of the Smart Grid and directed Department of Energy (DOE) to establish a Smart Grid Investment Matching Grant (SGIG) program for supporting the modernization of the US electricity system.

US meter data management system market is expected to grow at a good CAGR during the forecast period. The government introduced the “Distributed Energy Demonstration Act of 2017”, which is focused on establishing grant programs concerning the smart grid and its deployment-related technologies. These technologies comprise energy generation technologies, EVs and related supply equipment and systems, response and energy efficiency resources, as well as aggregations and integrated control systems, such as microgrids. Such initiatives by the government are expected to positively influence the deployment of smart grids, thus propelling the growth of the meter data management system market. The figure given below highlights the revenue share of Mexico in the North America meter data management system market in the forecast period:

Mexico Meter Data Management System Market Revenue and Forecasts to 2027 (US$ Mn)

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

North America Meter Data Management System Market–Segmentation

North America Meter Data Management System Market By Offering

Software
Services

North America Meter Data Management System Market By Utility Type

Gas
Water
Electricity

North America Meter Data Management System Market By Application

Smart Grid
Microgrid
Energy Storage
EV Charging
Others

North America Meter Data Management System Market By End-User

Residential
Commercial
Industrial

North America Meter Data Management System Market By Country

US
Canada
Mexico

North America Meter Data Management System Market-Companies Mentioned

ABB Ltd.
Aclara Technologies LLC
Diehl Metering GmbH
Eaton Corporation
Honeywell International, Inc
Itron Inc
Kamstrup A/S
Landis+Gyr Group AG
Schneider Electric SE
Siemens AG

North America Meter Data Management System Report Scope

Report Attribute	Details
Market size in 2017	US$ 346.6 Million
Market Size by 2027	US$ 1077.4 Million
Global CAGR (2017 - 2027)	13.1%
Historical Data	2015-2016
Forecast period	2018-2027
Segments Covered	By Offering Software Services By Utility Type Gas Water Electricity By Application Smart grid Microgrid Energy Storage EV Charging By End - User Residential Commercial Industrial
Regions and Countries Covered	North America US Canada Mexico
Market leaders and key company profiles	ABB Ltd. Aclara Technologies LLC Diehl Metering GmbH Eaton Corporation Honeywell International, Inc Itron Inc Kamstrup A/S Landis+Gyr Group AG Schneider Electric SE

Research Manager

Ankita Mittal

Manager,
Market Research & Consulting

Ankita is a dynamic market research and consulting professional with over 8 years of experience across the technology, media, ICT, and electronics & semiconductor sectors. She has successfully led and delivered 100+ consulting and research assignments for global clients such as Microsoft, Oracle, NEC Corporation, SAP, KPMG, and Expeditors International. Her core competencies include market assessment, data analysis, forecasting, strategy formulation, competitive intelligence, and report writing.

Ankita is adept at handling complete project cycles—from pre-sales proposal design and client discussions to post-sales delivery of actionable insights. She is skilled in managing cross-functional teams, structuring complex research modules, and aligning solutions with client-specific business goals. Her excellent communication, leadership, and presentation abilities have enabled her to consistently deliver value-driven outcomes in fast-paced and evolving market environments.

What are the North America Meter Data Management System Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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