Contact Center Industry News

TMCNet:  Advanced Metering Infrastructure (AMI) Market to reach $28.45 Billion by 2018 at a CAGR of 12.4% - New Report by MarketsandMarkets

[July 08, 2013]

Advanced Metering Infrastructure (AMI) Market to reach $28.45 Billion by 2018 at a CAGR of 12.4% - New Report by MarketsandMarkets

(PR Web Via Acquire Media NewsEdge) (PRWEB) July 08, 2013 The report "Advanced Metering Infrastructure (AMI) Market [Smart Meters; Communications; Energy Management Devices; Meter Data Management (MDM); Meter Communication Infrastructure (MCI); Security; Analytics]: Worldwide Market Forecasts and Analysis (2013 - 2018)" defines and segments the global AMI market into various sub-segments with an in-depth analysis and forecasting of the market segments.

The report also identifies the factors driving this market, identifying opportunities along with the technology roadmap and adoption trends. MarketsandMarkets broadly segments the Advanced Metering Infrastructure (AMI) market by regions: North America (NA), Asia Pacific (APAC), Europe (EU), Middle East and Africa (MEA), and Latin America (LA).

Browse    •  180 market data tables    •  137 figures    •  328 pages and In-Depth Table of Content on Advanced Metering Infrastructure Market Early buyers will receive 10% customization on this report.

The need for deploying smart grid technologies and implementing smart energy practices is playing a cardinal role in shaping the future of AMI market. Major AMI vendors such as Itron and Landis+Gyr are focused on providing end-to-end integrated services to utilities from hardware and network endpoints to Meter Data Management (MDM), AMI system integration and AMI managed services. Although the AMI implementation cost is heavily dominated by hardware endpoint, system integration, meter data analytics and MDM as a Service market is expected to surge.

The major forces driving this market are regulatory mandates, increasing global energy demand and the need to improve utility efficiency and customer service level. Other factors that are responsible for increase in rollouts of AMI-enabled meters are development and outset of smart grid technologies, increasing regional trends of housing, and emergence of energy management.

Each of these sub-market is further segmented by hardware: smart meters, communication modules, and energy management devices; by solutions: AMI security, Meter Data Management (MDM), analytics, and Meter Communication Infrastructure (MCI); by users: residential, commercial and industrial; by applications: Home Energy Management (HEM) and Electric Vehicle (EV) Support; by services: managed, consulting, deployment and system integration; MarketsandMarkets forecasts the global Advanced Metering Infrastructure (AMI) market is estimated to grow from $15.89 billion in 2013 to $28.45 billion in 2018, at a compounded annual growth rate of 12.4%. In terms of regions, the Europe Union is expected to be the biggest market in terms of revenue contribution, while Asia-Pacific (APAC) is expected to experience increased market traction, during the forecast period.

Buy a copy of this report @: Download Free Brochure @: Find related Reports to – Telecom and IT Market About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

Contact: Mr. Rohan North - Dominion Plaza, 17304 Preston Road, Suite 800, Dallas, TX 75252 Tel: +1-888-6006-441 Email: sales(at)marketsandmarkets(dot)com Connect with us on LinkedIn Connect with us on Facebook Read the full story at (c) 2013 PRWEB.COM Newswire

[ Back To Cloud Contact Center's Homepage ]


Featured Resources

Featured Report
Millennial Research on Customer Service Expectations

Millennial Research on Customer Service Expectations

The "why" behind this research is simple: our clients recognize that different generations bring different expectations, varied communication preferences and new customer service patterns to the customer experience...
Featured Report
Optimizing the Customer Experience through Cloud Contact Centers

Optimizing the Customer Experience through Cloud Contact Centers

Adoption of cloud contact centers is on the rise. Findings from Aberdeen's January 2014 'Public Cloud vs. On-Premise: How to More Effectively Deploy a Cloud Center' study shows that 31% of contact centers are deployed in the cloud, and our related blog post highlights that companies anticipate their adoption of cloud technology to rise further throughout 2014...
Featured Report
Aberdeen report

Aberdeen Report: Cloud for Mid-Sized Contact Centers – What You Must Know

Cloud Technology is opening new doors for many businesses. However, it does so only when it's combined with the use of best practices and key technology enablers. This document highlights the adoption of cloud technology by mid-size contact centers and illustrates the reasons driving their investments...
Featured Whitepaper
Aberdeen report

Seven Critical Capabilities to Demand From Your Cloud Contact Center Provider

To deliver a world-class customer experience, your contact center must be flexible and reliable, while providing all the tools agents and supervisors need to manage their workflows. Here are seven critical capabilities to look for when deploying a contact center in the cloud...
Featured Webinar

Contact Center Economics and the Cloud

Together, Bob and Drew will help you understand the economic value of upgrading technology, important business and financial considerations, and how to compare total cost of ownership of a premises vs. cloud or hosted solution. Watch the webinar on-demand now...
Featured Datasheet
Zipwire Cloud Contact Center

Zipwire Cloud Contact Center

The appeal of moving services to the cloud is obvious. Cloud services offer reliability and robust feature sets without the need to implement or maintain complex contact center infrastructure. The Zipwire™ cloud-based contact center allows businesses to leverage the flexibility and cost savings of cloud architecture while offering a seamless, first-class customer experience...