Latin America Smart Meter Data Management Market Expected to Grow with a CAGR of 16.34% During the Forecast Period - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Latin America Smart Meter Data Management Market 2019-2027" report has been added to ResearchAndMarkets.com's offering.

Market Outlook

According to this research analysis, the Latin America smart meter data management market is anticipated to register a CAGR of 16.34% for the forecasted period of 2019-2027.

In 2018, the overall market share of the Latin America region was acquired by Brazil, and it is anticipated that Brazil is amongst one of the largest markets available for the growth of the smart meter data management during the forecasted period. The country has been known for implementing and decentralizing its electricity systems on a large scale. In Brazil, the Distribution System Operators (DSO) are implementing smart meters extensively by recovering operational costs through network tariffs due to the country's inefficiency in separating supply and transmission activities.

For instance, in 2019, the Eletrobras Distribution Rehabilitation project initiated distributing AMI meters with telemetering capability to low voltage (LV) users on a large-scale. This resulted in benefitting four million consumers in six states of Brazil and lowered the financial losses of several distribution companies. Furthermore, The Brazilian Electricity Regulatory Agency (ANEEL) has been extending the smart meter migration up to 250KWh, new consumers opting for the time of use tariffs, and the other distribution companies are aggressively aiming to replace the old meters in the country. Such steps would aid in the market growth of the Latin American region.

Key Topics Covered:

1. Latin America Smart Meter Data Management Market - Summary

2. Industry Outlook

2.1. Market Definition

2.2. Key Insights

2.2.1. in the Software Segment Meter Data Analytics Will Show Promising Trends

2.2.2. Increased Initiatives to Develop Smart Cities Will Help the Market to Grow

2.3. Porter's Five Forces Analysis

2.3.1. Threat of New Entrants

2.3.2. Threat of Substitute

2.3.3. Bargaining Power of Suppliers

2.3.4. Bargaining Power of Buyers

2.3.5. Threat of Competitive Rivalry

2.4. Key Impact Analysis

2.4.1. Cost

2.4.2. Interoperability

2.4.3. Brand Name of the Company

2.5. Market Attractiveness Index

2.6. Vendor Scorecard

2.7. Market Drivers

2.7.1. Growth in Adoption of Smart Meters

2.7.2. Implementation of Advanced Metering Infrastructure On the Rise

2.8. Market Restraints

2.8.1. Integration Challenges

2.8.2. High Cost of Installation

2.9. Market Opportunities

2.9.1. Incentives and Support From Governments

2.10. Market Challenges

2.10.1. Security Concerns

3. Latin America Smart Meter Data Management Market Outlook - By Component

3.1. Software

3.1.1. Meter Data Management System

3.1.2. Meter Data Analytics

3.1.3. Communication Software

3.2. Service

3.2.1. Consulting

3.2.2. Project Management

3.2.3. Implementation & Integration

3.2.4. Other Support Services

4. Latin America Smart Meter Data Management Market Outlook - By Deployment Type

4.1. Cloud-Based

4.2. On-Premise

5. Latin America Smart Meter Data Management Market Outlook - By Application

5.1. Electric

5.2. Gas

5.3. Water

6. Latin America Smart Meter Data Management Market - Regional Outlook

6.1. Brazil

6.2. Mexico

6.3. Rest of Latin America

7. Company Profiles

7.1. Aclara Technologies Llc (Acquired By Hubbell Incorporated)

7.2. Arad Group

7.3. Electsolve Technology Solutions & Services, Inc.

7.4. Elster Solutions (Acquired By Honeywell International Inc.)

7.5. Enoro Ab (Acquired By Hansen Technologies)

7.6. Itron Inc.

7.7. Landis+Gyr Group

7.8. Oracle Utilities (Opower)

7.9. Siemens Ag

7.10. Trilliant Holdings Inc.

7.11. Eaton Corporation

7.12. Diehl

7.13. Schneider Electric Se

7.14. Kamstrup

7.15. Sensus (Xylem)

8. Research Methodology & Scope

8.1. Research Scope & Deliverables

8.2. Sources of Data

8.3. Research Methodology

For more information about this report visit https://www.researchandmarkets.com/r/meal74