Advanced Metering Infrastructure Market to witness growth by 2028 | Drivers and Opportunities| Key player Analysis Schneider Electric, General Electric, Siemens

Global Advanced Metering Infrastructure Market is accounted for $7.74 billion in 2020 and is expected to reach $27.56 billion by 2028 growing at a CAGR of 17.2% during the forecast period. The rise in global energy demand and the need for improved customer service level and utility efficiency are driving the market growth.

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By geography, Asia Pacific is going to have high growth during the forecast period owing to the growing population and acceptance of these modern systems by utility companies and growing awareness of consumers regarding wastage and consequently carbon footprints.

Some of the key players profiled in the Advanced Metering Infrastructure Market include Schneider Electric, Trilliant Networks, Inc., General Electric, Cisco Systems, Siemens, Honeywell, Landis+Gyr, Itron, IBM Corporation, Silver Spring Networks, TietoEVRY, Elster Group SE, Sensus and Aclara Technologies LLC. 

Product Types Covered in Advanced Metering Infrastructure Market
• Communication Modules 
• Two-Way Smart Meters 

Devices Covered:
• Smart Meters
• Support Systems (In-Home Display Units)
• Home Area Networks (HANS)   

Components Covered:
• Meter
• Head-End System
• Collector
• Communication Infrastructure  

Deployment Models Covered:
• Cloud
• On-Premise

Services Covered:
• System Integration
• Program Management and Consulting
• Meter Deployment  

Solutions Covered:
• Meter Data Management 
• Meter Communication Infrastructure 
• Advanced Metering Infrastructure Security 
• Meter Data Analytics 

End Users Covered:
• Residential 
• Industrial 
• I&C (Instrument and Control System)  
• Commercial

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