Advanced Metering Infrastructure Market

Global Advanced Metering Infrastructure Market Geography - Global
Industry Insights, 2018-2025
Advanced Metering Infrastructure (AMI) is one of the Smart Grid tools that allows two-way
communication between services provider and customers. This system obtains data with help
of smart meter installed in various sectors such as residential, commercial business, and
industries. These system help with cost controlling and minimizing the wastage of energy.
This factor is expected to positively impact the growth advanced infrastructure metering
market.
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Increasing demand for energy is one of the major factor driving growth of the market
Increasing trend of digitalization is responsible for increasing the demand of energy
consumption. According to the Energy Information Administration's (EIA), world energy
consumption is estimated to grow by 28% between 2015 and 2040. Growing population and
economic development are factors responsible for increasing demand of the energy.
Moreover, increasing adoption of smart home technology in turn increases the utilization of
smart devices, which are based on IOT. Hence, consumption of energy, which positively
increase with digitization is expected to propel growth of the market.
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.
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.
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Advanced metering infrastructure market report categorizes global market by meter type (smart water meter, smart gas meter, and smart electric meter), by solution (MDM, meter data analytics, AMI security, and meter communication infrastructure), by services (system integration, meter deployment, and program management and consulting), by industry (residential application and I&C application), and by geography

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