Energy Management Systems Market worth $75.6 Billion by 2028

Energy Management Systems Market
The global Energy Management Systems Market is expected to grow from an estimated USD 40.7 billion in 2023 to USD 75.6 billion by 2028, at a CAGR of 13.2% during the forecast period. Several laws and regulations aimed at reducing energy consumption and spreading awareness regarding energy conservation have been enacted by regional governments worldwide. These regulations and policies function...

Smart Meter Market Size to Grow $36.3 Billion by 2028

Smart Meter Market
The global Smart Meter Market is expected to grow from an estimated USD 23.1 billion in 2023 to USD 36.3 billion by 2028, at a CAGR of 9.4% during the forecast period. The smart meters are able to communicate with the utility company in real time, allowing for accurate and up-to-date energy usage data. This can help the utility company better manage its power grid and detect and respond...

Energy Management Systems Market worth USD 75.6 Billion by 2028

Energy Management Systems Market
The global Energy Management Systems Market is projected to reach USD 75.6 billion in 2028 from USD 40.7 billion in 2023 at a CAGR of 13.2% according to a new report by MarketsandMarkets™.  EMS determines the most cost-effective configuration for power production, transmission, and distribution throughout the network, considering the required criteria for system stability, safety,...

Smart Meter Market worth $36.3 Billion by 2028

Smart Meter Market
The global Smart Meter Market is projected to reach USD 36.3 billion in 2028 from USD 23.1 billion in 2023 at a CAGR of 9.4% according to a new report by MarketsandMarkets™. The emergence of electric, gas, and water smart meters has revolutionized utility operations. With advancements in smart meters, sensors, control systems, and communication components, utility systems can be monitored in real-time....

Smart Meters Market worth $30.2 Billion by 2026

Smart Meters Market
The global smart meters market is projected to reach USD 30.2 billion by 2026 from USD 19.6 billion in 2021, at a CAGR of 9.0% during the forecast period. Smart Meters is increasingly being installed and is showing robust growth. Governments worldwide are undertaking several initiatives to meet the future electricity demands and are focusing on reducing carbon footprint by promoting the...

Meter Data Management System Market to Exceed $428 Million by 2023

Meter Data Management System Market
The global Meter Data Management System Market is expected to grow from USD 169 million in 2018 to USD 428 million by 2023, at a CAGR of 20.48% during the forecast period. This growth can be attributed to the increased government policies and supportive mandates for smart meter installations and the need for accurate utility bill generation. Europe is projected to be the second largest...

Meter Data Management System Market to See Huge Growth by 2023

Meter Data Management System Market
The global Meter Data Management System Market is projected to reach $428 million by 2023 from an estimated $169 million in 2018, at a CAGR of 20.48% from 2018 to 2023. This growth can be attributed to the increased government policies and supportive mandates for smart meter installations and need for accurate utility bill generation. Europe is projected to be the second largest region, with...

Smart Meters Market expected to Grow $30.2 Billion by 2026

Smart Meters Market
The global smart meters market is projected to reach USD 30.2 billion by 2026 from USD 19.6 billion in 2021, at a CAGR of 9.0% during the forecast period. Smart Meters is increasingly being installed and is showing robust growth. The increase in the adoption of electric vehicles, development of microgrids, distributed energy storage, and the need for net-metering are a few of the major drivers for...

Smart Gas Meter Market to Garner $2.5 Billion by 2026

Smart Gas Meter Market
The global smart gas meter market size is expected to grow from an estimated USD 2.0 billion in 2021 to USD 2.5 billion by 2026, at a CAGR of 4.7%, during the forecast period. The key drivers for the smart gas meter market include digitalization of distribution grids and optimization of network operations; asset management of advanced metering infrastructure (AMI); and increasing investment in smart grid...

Smart Meters Market expected to Grow $30.2 billion by 2026

Smart Meters Market
According to the new market research report “Smart Meters Market by Type (Electric, Gas, Water), Communication Type (RF, PLC, Cellular), Component (Hardware, Software), Technology (AMR, AMI), End user (Residential, Commercial, Industrial), and Region – Global Forecast to 2026″, published by MarketsandMarkets™, The Smart Meters Market size will grow to  USD 30.2 billion by...