TechNavio today launched its report Global Smart Grid Data Management Solutions Market 2011“2015 based on an in-depth study covering the Americas, and EMEA and APAC regions. The report aims to aid decision makers™ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio™s Clean Tech team said; Governments across the globe have been supporting the implementation of smart grids. Funds are being raised to support the deployment of smart meters and thereby implement smart grids. Smart grid data management software vendors across the globe are building smart grid solutions mainly because of this reason. China, for instance, has a nationwide grid extension plan in place. This is one of the major trends observed in the Global Smart Grid Data Management Solutions market.
According to the report, power utilities around the globe have been investing in changing the way meter data is transmitted to and collected from consumers. Advanced Meter Infrastructure (AMI) enabled meters are being deployed to facilitate two-way communication between utilities and consumers. Thus, with the increasing deployment of smart meters there has been a progress in maintaining data at the grid level. Thus, there has been a development of Smart Grid Data Management Solutions in the market.
Further, the report also discusses that high capital cost is a major barrier hindering the growth of this market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-smart-grid-data-management-solutions…
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TechNavio Announces the Publication of its Report “ Global Smart Grid Data Management Solutions Market 2011“2015
