Key Findings
The North American market for smart meter data management is estimated to project a CAGR of 14.87% during the predicted period, 2020-2028. The national and state policies and regulations contribute to the market growth in the region. For example, The American Recovery and Reinvestment Act committed to the development of the energy sector in the US. In Canada, British Columbia and Ontario have introduced necessary requirements for users of smart electricity meters.

Market Insights
The market of North America is analyzed further on the basis of the market growth in the US and Canada. Canada is one of the most progressive countries in the world in terms of smart grid and smart meter development. Since parts of Canada are at an advanced stage of grid establishment, the country becomes a conducive environment in terms of highly competitive US ICT firms. The deployment of the smart meter is mainly decided by a combination of provincial and utility-based initiatives and mandates. The government’s emphasis on clean energy may facilitate further efforts. Most of the major suppliers of smart electric meters for the Canadian market are foreign companies. The market shares can vary based on current contacts of the suppliers with provincial utility companies. As per the trade data collected from the Global Trade Atlas, Canada is a large net importer of the electric supply or production meters, which includes smart electric meters.

Competitive Insights
The market has the presence of many leading suppliers. Oracle Corporation, ElectSolve, Itron, Inc., Elster Group, Sensus, etc. are some of the leading players operating in the market.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments