#Meter Data Management (MDM) software market Industry

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Internet of Things (IoT) Smart Meter Market Trends, Growing Technology, Opportunities 2024-2032

The Reports and Insights, a leading market research company, has recently releases report titled “Internet of Things (IoT) Smart Meter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Internet of Things (IoT) Smart Meter Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Internet of Things (IoT) Smart Meter Market?

The internet of things (IOT) smart meter market is expected to grow at a CAGR of 12.5% during the forecast period of 2024 to 2032.

What are Internet of Things (IoT) Smart Meter?                                                                                                                                                                            

An Internet of Things (IoT) smart meter is a device used for measuring and recording the consumption of utilities like electricity, gas, or water. It communicates this data wirelessly to a central system for monitoring and billing purposes. These smart meters enable two-way communication between the utility provider and the consumer, allowing for real-time monitoring of energy or water usage. They offer features such as remote reading, automated billing, and the ability to detect and report issues like leaks or outages. IoT smart meters are essential for more efficient resource management, improved service reliability, and the integration of renewable energy sources into the grid.

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What are the growth prospects and trends in the Internet of Things (IoT) Smart Meter industry?

The internet of things (IoT) smart meters market growth driven by various factors and drivers. The market for Internet of Things (IoT) smart meters is experiencing significant expansion, fueled by the growing uptake of smart grid technologies and the increasing need for effective energy management solutions. These smart meters provide advantages like real-time monitoring, remote reading, and automated billing, leading to their deployment in residential, commercial, and industrial settings. Government programs aimed at modernizing utility infrastructure and encouraging energy conservation are also driving market growth. However, challenges such as data privacy issues and the high cost of installation may impede growth to some degree. Hence, all these factors contribute to internet of things (IoT) smart meters market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

Product Type:

Electricity Smart Meters

Water Smart Meters

Gas Smart Meters

Communication Technology:

Wired Smart Meters

Wireless Smart Meters

Component:

Hardware

Software

Services

End-User:

Residential

Commercial

Industrial

Application:

Energy Consumption Monitoring

Load Management

Billing and Payment Management

Remote Disconnect/Reconnect

Demand Response

Others

Meter Type:

Advanced Metering Infrastructure (AMI)

Automatic Meter Reading (AMR)

Connectivity:

Cellular Network

Power Line Communication (PLC)

Radio Frequency (RF)

Others

Deployment:

Retrofit

New Installation

Customer Type:

Investor-Owned Utilities (IOUs)

Public Utilities

Cooperative Utilitie

Meter Phase:

Single Phase

Three Phase

Power Source:

Battery-Powered

Hardwired

Application Area:

Residential Buildings

Commercial Buildings

Industrial Building

Meter Data Management (MDM) Solutions:

Data Collection

Data Storage

Data Analysis

Data Visualization

Service Model:

Managed Services

Professional Services

Sales Channel:

Direct Sales

Indirect Sales

Report Segmentation:

North America:

United States

Canada

Europe:

Germany

United Kingdom

France

Italy

Spain

Russia

Poland

BENELUX

NORDIC

Rest of Europe

Asia Pacific:

China

Japan

India

South Korea

ASEAN

Australia & New Zealand

Rest of Asia Pacific

Latin America:

Brazil

Mexico

Argentina

Rest of Latin America

Middle East & Africa:

Saudi Arabia

South Africa

United Arab Emirates

Israel

Egypt

Rest of MEA

Who are the key players operating in the industry?

The report covers the major market players including:

Siemens AG

Landis+Gyr

Itron Inc.

Schneider Electric SE

Honeywell International Inc.

Aclara Technologies LLC

Kamstrup A/S

Iskraemeco

Badger Meter, Inc.

Sensus (Xylem Inc.)

Elster Group GmbH (Honeywell International Inc.)

ICSA (India) Limited

Jiangsu Linyang Energy Co., Ltd.

Neptune Technology Group Inc.

Holley Technology Ltd.

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Global Smart Water Management Market Growth during 2021-2030| Rise in Demand, Opportunities, Types, Future Analysis

  Global smart water management market will reach $48.69 billion by 2030, growing by 14.6% annually over 2020-2030 driven by the rising demand for quality water services, need to replace aging water infrastructure, rising digitalization of utilities sector, technological advancements in IoT, and government initiatives and regulations. Highlighted with 64 tables and 72 figures, this 161-page report “Global Smart Water Management Market 2020-2030 by Offering (Water Meters, Software and Solutions, Service), Application, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global smart water management market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2015-2019 and provides forecast from 2020 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

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  In-depth qualitative analyses include identification and investigation of the following aspects 

 • Market Structure

 • Growth Drivers 

 • Restraints and Challenges

 • Emerging Product Trends & Market Opportunities

 • Porter’s Fiver Forces 

 The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global smart water management market in every aspect of the classification from perspectives of Offering, Application, and Region. Based on Offering, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section. Water Meters 

 • AMR/AMR+ Water Meters

 • AMI Water Meters Software and Solutions

 • Asset Management

 • Distribution Network Monitoring

 • Supervisory Control and Data Acquisition (SCADA) 

 • Meter Data Management (MDM)

 • Analytics

 • Other Solutions Service 

 • Managed Services

 • Professional Services Based on Application, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.

 • Residential Use 

 • Commercial Use

 • Industrial Use Geographically, the following regions together with the listed national/local markets are fully investigated: 

 • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)

 • Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Turkey, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland) 

 • North America (U.S., Canada, and Mexico)

 • South America (Brazil, Chile, Argentina, Rest of South America)

 • MEA (Saudi Arabia, UAE, South Africa)

 For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2019-2030. The breakdown of all regional markets by country and split of key national markets by Offering and Application over the forecast years are also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Specifically, potential risks associated with investing in global smart water management market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions. Key Players (this may not be a complete list and extra companies can be added upon request):

 ·                ABB Ltd.

 ·                Arad Group

 ·                Esri Geographic Information System Company 

 ·                General Electric Co.

 ·                Hitachi Ltd. 

 ·                Honeywell International Inc

. ·                Huawei Technologies Co. Ltd. 

 ·                i2O Water Ltd. 

 ·                IBM Corporation

 ·                Itron Inc. 

 ·                Schneider Electric SA

 ·                Sensus Inc. (Xylem Inc.) 

 ·                Siemens AG

 ·                Suez Group 

 ·                TaKaDu Limited 

 ·                Utility Systems (Micro Mega Holdings Limited) 

 (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)   

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Global Industrial Energy Management Systems Market Indicates Notable CAGR growth by 2027| Business Strategy & Forecast

Industrial sector across the globe have increased at a significant rate in the couple of years. Growing investments in this sector and inclusion of advanced technologies in it have drastically developed it. Consumption of energy in various industries has also grown due to the increasing manufacturing activities taking place in different industries.

Application of industrial energy management systems is widely seen in aluminum, steel, oil refineries, automotive, paper, chemical, and similar other industries. Moreover, strict regulatory policies for players operating in these industries related to energy management and environmental has further boosted the demand in the industrial energy management systems market.

As the demand for energy increased in industries, various innovative technologies increased assisted in the easy management and control the usage of energy. Use of different technologies is seen in the industrial energy management systems market across the globe. Few of them are peak load control systems (PLCS), meter data management (MDM), programmable logic controls (PLC), energy analytics, energy management information systems, supervisory control and data acquisition (SCADA), and others.

Employment of these technologies helps the manufacturers to critically track the fluctuation of energy consumption. It also helps in strategically devising the consumption of energy. Apart from the consumption of energy while manufacturing, consumption of energy in building operations is also covered in industrial energy management system. As technological development has become an integral part these days, more and more manufacturers are ready to adopt energy management solutions in their day-to-day working.

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Furthermore, rising consciousness related energy consumption, efficiency, and control of demand the resultant reduction in the costs of operation fueled the demand in this market. In fact, industries that are energy intensive are likely to make high profits by integrating industrial energy consumption systems, as it will help in higher profit generation by eventual reduction in cost in energy. Considering all these factors, the global industrial energy management systems market is expected to grow considerably in the near future.

Global Industrial Energy Management Systems Market: Overview

The global industrial energy management system market is prophesized to gain rapid momentum in the coming years because of the growing need for energy utilization in industrial management systems. Energy management in industries means planning and managing operations of energy consumption and production units. The main objectives of energy management for industries is cost savings, climate protection, and resource conservation. This is all done while the user is having a permanent access to the energy he needs. Industrial management is closely connected to production management as well as energy management along with prior emphasis on environment protection and conservation.

There are different variations to the global industrial energy management systems market with respect to offering, component, services, type, end-user, and market verticals. On the basis of offering, the market is classified into services, and system. Based on component, the market is divided into software, controller, and sensor. On the basis of services, the segments are consulting and training, maintenance, implementation and integration, and monitoring and control. With respect to type, the market for industrial energy management systems is categorized into industrial energy management systems, building energy management system, and home energy management system. With respect to market vertical, the market is segmented into healthcare, enterprise, manufacturing, telecom and IT, and power and energy. Classification of end user includes commercial and residential group.

The report presented above is a complete evaluation of the global industrial energy management systems market with major focus on market dynamics. It also includes market drivers, restraints, and trends and opportunities. The above presented report also offers geographical and other segmentation of the market.

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Global Industrial Energy Management Systems Market: Trends and Opportunities

The global industrial energy management system market is expected to grow substantially and a number of factors are held responsible for this rapid growth. An important factor propelling the market is the accelerating inclinations towards attaining energy efficiency. Moreover, the rise in adoption of energy management solutions to the industrial development all around different verticals of the market is also adding fuel to the growth of the overall market. Thus, the market is expected to continue gaining more revenue in the future years.

However, the high rate of initial investment cost along with longer time taken for playback may hamper market growth. This may be a loss for both the regional as well as SME manufacturers.

Nevertheless, factors like increase in awareness regarding energy efficiency among all users for residential purposes is also expected to boost the overall market growth. This is further expected to substantially provide an expansion for market players in home based services and solutions, thus, drawing more profit. Furthermore, rise in demand of energy efficient solutions in end use categories like commercial sites, office spaces, and enterprises will also boost market growth. This is being done in order to minimize the operational costs with the help of effective energy consumption in industries by building EMS solutions in future years.

Global Industrial Energy Management Systems Market: Regional Analysis

The global industrial energy management system market is geographically segmented into the regions of Asia Pacific, North America, Middle East and Africa, Europe, and Rest of the World. Europe and North America, together accounted for a prominent market share in the past years. On the other side, the developing economies of Asia Pacific and Latin America is seen as a lucrative opportunity of growth in the years to come owing to rapid urbanization.

Global Industrial Energy Management Systems Market: Companies Mentioned

Important players of the industrial energy management system market are Honeywell International Inc., Delta Electronics, Inc., Yokogawa Electric Corporation, and Delta Electronics, Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments

Market trends and dynamics

Supply and demand

Market size

Current trends/opportunities/challenges

Competitive landscape

Technological breakthroughs

Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)

Latin America (Mexico, Brazil, Peru, Chile, and others)

Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)

Eastern Europe (Poland and Russia)

Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)

Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Enabling Technologies for the Smart Grid Market-Industry Analysis and forecast 2019-2027

Enabling Technologies for the Smart Grid Market was valued at US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 19% from 2019-2027. The report has analyzed the drivers, restraints, and challenges facing the enabling technologies for the smart grid market.

The increasing demand for lowering the price of collapse by different countries around the world is operating the market for smart grids. The traditional power systems implemented in different nations are now declining and this is creating huge power collapse. Governments of many nations are sustaining high deprivation so as to support the traditional power grids, due to which they are now concentrating on smart grid automation.

Market Dynamics

The worldwide market for enabling technologies for the smart grid is estimated to undergo balanced development of about 7%. Dispersed power creation and depository is the substantial segment records for around 76% of the complete market. The detecting, measurements, and command energy segment, although possess a smart market portion worldwide, is estimated to be the quickest developing segment with a CAGR of over 87%. The market is basically operated by the increasing demand for vigorous power distribution automations that cannot be stopped. As per the study, energy disruptions and blackouts price almost US$ 80 Bn yearly in the United States. To lower these prices, governments are constantly looking for new automations which are additionally effective and well organized. Some other elements are the market inclinations that include the features of these automations like the capacity to create larger standard and the certainty that these are auto correct. On the other hand, the market is reserved by enormous initial funds needed to establish these automations and the deficiency of recognition amongst developing nations. Some of the main industries functioning in the worldwide market include Alvarion Inc., American Superconductor, Comverge Inc., and Ambient Corp and so on. The worldwide smart grid automations market is estimated to encounter quick development over the forecasted period because of the rising power need around the globe. The increase in government assistance for smart grid automations is expected to contribute towards the smart grid automation companies’ development in the coming years.

Market Segmentation

The Enabling Technologies for the smart grid market is divided by Technology (Outage Management System, Energy Management System, SCADA, Demand Management System, and Geographic Management system), by Application (Meter hardware, Communications and networking, and Power Quality Equipment), and by Region (North America, Europe, Asia Pacific, Middle East and Africa, and Latin America). Smart grids are utilized in the energy grid development procedure for lowered channeling and administering droppings. MDMS, SCADA, DMS, and DRM are software assistance smart grid automations. This automation directs the need and contributions for power along with continual facts trading through communicating, data depository, information data, and data and details administration. This automation includes administering technology, smart determining IT/OT, Substation technology. Such proceeded smart automation are primarily utilized for power transferrable that balances the grid along with correct energy power in actual time control and provides facts in actual time circumstances for electric energy adjustment. High voltage electrical power automation has the capability to transport energy in a distance learning scope with the minimal loss of land in addition to undersea. Because of the rise in government assistance in government rules and considerable expenditures by organizations with regard to smart grid automation executions, the industry is expected to observe positive development over the projected period.

Regional Analysis

On the basis of region, enabling technologies for the smart grid market is divided into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. North America is estimated to be the dominant region in the enabling technologies for the smart grid market. Emerging regions like the Asia Pacific has recorded for the highest share in the worldwide industry because of the highest income portion in the worldwide industry because of the factors like quick urbanization and industrialization. North America and Europe are expected to undergo positive development in the section due to enormous expenditure in the energy supply zones. Developing provinces like India and China are estimated to observe positive development in the next years. Alteration and development towards effective contribution are estimated to improve the development in these zones in the coming year. The industry is extremely cost concentrated and is displayed to enormous raw materials prices. Industry contributors are financing in innovation and growth initiatives to create technologically developed functions which provide them an aggressive development over different seller. The companies are imagined to observe different mergers and acquisitions directly with industries taking energetic measures to obtain market portion and to transport a varied product folder.

Key development

Alvarion Inc. and Ambient Corp are constantly innovating new technologies to enhance the enabling technologies for the smart grid market in the forthcoming year.

The objective of the report is to present a comprehensive analysis of the Enabling Technologies for the Smart Grid Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Enabling Technologies for the Smart Grid Market dynamics, structure by analyzing the market segments and projects the Enabling Technologies for the Smart Grid Market size. Clear representation of competitive analysis of key players By Technology, price, financial position, Product portfolio, growth strategies, and regional presence in the Enabling Technologies for the Smart Grid Market make the report investor’s guide. Scope of Enabling Technologies for the Smart Grid Market

Enabling Technologies for the Smart Grid Market, By Technology

• Outage Management System • Energy Management System • SCADA • Demand Management Systems • Geographic Management System Enabling Technologies for the Smart Grid Market, By Applications

• Meter Hardware • Communications and Networking • Power Quality Equipment Enabling Technologies for the Smart Grid Market, By Regions

• North America • Europe • Asia Pacific • Middle East and Africa • Latin America Enabling Technologies for the Smart Grid Market, Key Players

• Alvarion Inc. • Ambient Corp • America Superconductor Corp • Comverge Inc • 3M Company • Infrax Systems, Inc. • Itron INC • Osisoft LLC • S&C Electric Company

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Top Largest 10 IT & Software Companies in India

Technology is what making the future for us. In this era, it is necessary to get along with the tech brands. If you are looking for a place to find the best of them, don’t miss out on this article! We have listed out for you the biggest I.T. companies in India in the most comprehensive manner. These are the largest software companies in India. Here you will find information with clarity. Content List of Top CompaniesSome Interesting FactsHidden TruthCareer Scope in IT Industries of IndiaHow to Apply for a JobUseful Interview Tips! About IT & MNCs in India IT focuses on sending and recollecting information through digital means including the hardware, whereas, software development is about creating software, re-designing, coding and maintaining it. Software falls under the IT sector but lacks technical support. This is why we have the greatest founders of the largest software companies in India that have always given their best shot in terms of software and technical support. The top IT and software companies work in two different segments in the technological and digital world where we sometimes do not understand the major difference between the two. The top 10 IT companies in India know how to segregate or combine both. An IT firm expands to the information technology world. An IT company doesn’t need to be a software company, but all the software companies are IT firms.

List of Top Ten Information Technology Company in India

#1. Tata Consultancy Services

Tata Consultancy Services Limited (TCS) has its headquarters located in Mumbai, the commercial capital of India. Rooting a start from India, it is now an international company. Tata Consultancy Services is mainly focused on the IT sector for consultation and business programs. It is a branch of the Tata. The CEO of TCS is Rajesh Gopinathan since 21 Feb 2017. The recorded revenue made for 2019 so far has known to be 2,090 crores USD. No doubt, TCS is the top MNC in India as it operates in 149 locations over 46 countries with employees ‎436,641 employees as recorded by June 2019. TCS is known as the top IT service provider globally along with its 67 subsidiaries. The services they provide include developing applications, consulting, software development and management, outsourcing business processes, infrastructure support and planning hardware. With the upcoming trend of advanced technology, this Tata Group subsidiary is expanding to AI, Cloud computing, and much more. There are countless reasons why TCS is the top MNC in India. “Most of our troubles are due to poor implementation.…wrong priorities and unattainable targets,” says J. R. D Tata, former chairman of the Tata Group. #2. Infosys Limited

Infosys is a global corporate working under the leadership of Salil Parekh since 2 Jan 2018 as the CEO. IT has ‎228,123 employees till now to operate with. 1,210 crores USD is the annual revenue calculated for the financial year 2019. The main office is situated in Bangalore, Karnataka. Infosys offers a wide range of services ranging from validation of firms in finance, manufacturing and insurance to software management. The most known product generated by Infosys is Finacle. It is an international banking set of modules for corporate and retail banking. It falls under the rank of the top 10 IT companies in the World. Other top products and services of Infosys are: Next Generation Integrated AI Platform – NIA Infosys Information Platform (IIP) – Analytics platformPanaya Cloud SuiteInfosys Consulting EdgeVerve Systems  Infosys Ltd. is ranked as the 2nd biggest IT Software company in India and one of the top 10 MNC companies around the globe.  #3. Larsen & Toubro Infotech Ltd (LTI)

Larsen & Toubro Infotech Ltd is again a multinational company with its base in Mumbai, Maharashtra. The chief executive officer of the company is Sanjay Jalona. The company is spread over in 39 countries with an office placed at each location. The annual revenue for 2019 is computed at 130 crores USD. It is a subsidiary of Larsen & Toubro Limited. 30,829 workers are approximately known to be working under it. LTI provides digital services including IT Consulting and management support. You May Like: Top 10 Web Development Companies in India #4. HCL Technologies

HCL Technologies was founded on 11 August 1976 by Shiv Nadar, Arjun Malhotra, Ajai Chowdhry, Yogesh Vaidya, D.S. Puri. HCL stands for Hindustan Computers Limited. It is a branch of HCL Enterprise with the headquarters in Noida. C Vijayakumar is the CEO of the IT consultation company. The annual revenue of this brand for the year2019 is noted to be ‎US$8.63 billion. HCL Technologies is spread over a total of 44 countries with a team of ‎143,900 people as the workforce which is why it is mentioned under the list of MNCs in India that are the best. HCL Technologies has been ranked as the top 10 IT companies in India. It works in diverse sectors including banks, health & fitness, software and consumer goods. This multinational company is an expert in software design and management, outsourcing, and provides infrastructure support. #5. Reliance

Founded by Dhirubhai Ambani in the year 1973, Reliance Industries Limited is a multinational group with its head office in Mumbai, Maharashtra. The current CEO of the brand is Mukesh Ambani. Almost 194,056 people are known to be working for the company until now, whereas by March 2018, 29,533 permanent employees have been known t be working for it. Reliance has a stronghold of its businesses throughout the country with several subsidiaries in every field. Jio, JioSaavn, Performax, Radisys are a few of its subsidiaries as they run businesses throughout India committed to petrochemicals, energy, natural resources, retail, textiles, and telecommunications. 6.23 lakh crores INR which is US$90 billion is the measured revenue in the year 2019.  RIT stands in the 8th position in the list of the Top 250 Global Energy Companies 2016. It is one of the largest software companies in India Also Read: Word's Biggest 10 IT & Software Companies

#6. Hexaware Technologies

Hexaware Technologies was set up in 1990, and by the year 2019, it has provided career opportunity in IT Sector in India to more than 18,294 people with 11 known offices worldwide. It has earned an annual revenue up to 67.77 crores USD as calculated in 2018. The main office is in Navi, Mumbai, Maharashtra. R. Srikrishna has been the known CEO since July 2014. This IT service management company offers services in the fields of Academics, Travel, Finance, Logistics, Healthcare, Retail, Insurance, Transportation, etc. The company specializes in software development and business outsourcing. #7. Wipro Ltd.

Wipro Limited is an international information technology company that started in the year 1945 in Amalner, Maharashtra with the central office situated in Bangalore, Karnataka. It is tagged under the top 10 IT companies in India. Wipro Limited was founded by M. H. Hasham Premji. The known authorities of this firm are Azim Premji as the owner and Abidali Neemuchwala as the CEO since February 2016. ‎171,425 is the number of employees it has hired until now. US$8.47 billion is the annual revenue computed in the fiscal year 2019. The corporation provides IT services as well as IT products as its two different segments. Western India Products Limited and Wipro GE Medical Systems are the two subsidiaries that have engaged in the growth of the IT sector for Wipro Ltd. Wipro Consumer Care & Lighting, Wipro Infrastructure Engineering, Wipro BPO, Wipro Consumer Care & Lighting (Furniture Business), and Wipro Infotech Ltd., are the companies working under the Wipro group. You May Like: Top 10 Mobile App Development Companies in India #8. Oracle Financial Services Software Ltd.

Oracle Financial Services Software Ltd is a branch of the Oracle Corporation. It is established internationally over 145 counties with a margin of 900 clients. The CEO of the corporation since October 2010 has been Chaitanya M. Kamat. The corporation was started in the year 1990 by Rajesh Hukku in Mumbai, Maharashtra. Oracle Financial Services Software Limited has been placed at the 9th position among the top MNC in India. For the budget year 2018, the yearly revenue has been computed as 4,527 crores INR (US$650 million). The corporate focus on the banking industry by providing them with consultation, outsourcing and solutions related to trade, funds, payments, transactions, loans and management. Do you Know? The Top 10 Digital Marketing Players in India #9. Quess Corp Ltd.

In 2007 Quess Corp Ltd was founded by Ajit Isaac in the year 2007. He is designated as the chairman of the company. The main office of the firm is placed at Bangalore, the IT capital of India. The CEO of the company is Subrata Kumar Nag leading more than 2,92,872 employees. The revenue formerly calculated was 22.9 billion INR (USD 328.2 million U.S. dollars) which was boosted by the rapid increase in the number of employees up to 318,000 in 2019. It is serving in three international regions around the world, they are North America, Asia Pacific, and the Middle East. Technology Solutions, People Services, Facility Management, Industrials, Internet Business are the main services that Quess Corp provides. 10. Tech Mahindra

Tech Mahindra was started by Anand Mahindra in 1986. It is headquartered at Pune. In 2018 it has made revenue up to 499 crores USD in 2018. The staff count goes as far as ‎121,840 with C. P. Gurnani as its CEO. It has globalized its services to 51 countries in total. It provides excellent business solutions, interoperability testing, product research and development for enabling smart grid features, hardware engineering and testing, Meter Data Management (MDM) system design, testing, integration, and deployment, and Advanced Metering Infrastructure (AMI). Suggested to Read: Top 10 Digital Marketing Agency in India

The Future

Implementing these kinds of brilliant philosophies, India has amazingly flourished in the IT sector with the best support, employees and entrepreneurs all around the world. Information technology has become driving energy recently. It has control over everything, and everything is under its influence. Before presenting to you the list of IT companies in India, I would like to tell you more about its role in the past, present and the future.   In the previous years, without us realizing how our lives have gradually changed, the IT sector has played its role very smoothly with every little innovation and modification. From basic mobile phones to smartphones we have come far enough. Now, hotels have come up with a complete artificial intelligence base. And even after this, these information technology firms in India has not stopped here! We are always looking forward to something new to come up every day that expands to one industry or the other. There is absolutely no doubt that IT could be compared to magic.  The Facts TOP 10 IT COMPANIES IN INDIA In India, the ongoing year 2019 has had a lot of ups and downs in terms of the economy. As per the studies, the information technology (IT) sector in the year 2019 has contributed to an approximation of 8% in the overall GDP of the country. There has been an enormous increase in the annual revenue generated as compared to the revenue generated a decade ago. This financial year’s difference has been marked as close as 180 billion U.S. dollars which is a completely exponential term in the Indian currency.  The reports say that this income has been gained by exports. For the same financial year of 2019, the domestic revenue generated by the IT sector had been calculated to be lesser than 50 billion U.S. dollars. The users’ spending on the IT service market has relatably increased by spending almost 67 billion U.S. dollars in 2013. This has faced a gradual downfall until now estimated to 17 billion U.S. dollars by the coming year of 2020.Apart from this, the career opportunities in the IT sector in India has seen improvements. The biggest I.T. companies in India have provided jobs directly over from 40 thousand to 10 million approx. Therefore, we have made a list of IT companies in India that are the best.

CAREER OPPORTUNITY CAREER OPPORTUNITY IN IT SECTOR IN INDIA

­­The Career opportunity in IT Sector in India is vast. You can find yourself working with the CMMI level 5 companies in India. Here is a list of the job profiles one can apply for through information technology: Web developerComputer ProgrammerSoftware engineerSoftware AnalystInformation security analystScope in E-commerceScope in cloud computingComputer and Information Research Scientists.Computer Hardware EngineersIT Systems Managers.Network Architects.IT Support Specialists.Computer Systems Analysts.Database Administrators. These are only a few positions one can look for in this sector. Apart from these, engineers can apply for several other profiles which are not directly related to the IT sectors like hotels, hospitals, banks, and others. The best thing about making a career in this sector is that one can always start from an entry-level or a managerial level. The demand is quite high. India has about more than 4 million software engineers where every IT company hires 3000-4000 students from a single institution.

HOW TO APPLY FOR JOB IN IT COMPANIES IN INDIA WITH INTERVIEW TIPS

Now I would be telling how to apply for jobs in IT companies in India. Keep scrolling if you want to get into the companies that are mentioned in the list of MNCs in India. The best way to get a good job in the IT companies would be to get yourself in the top institutions for engineering. Indian Institute of Technology (IIT) is a government institution which produces the best engineers all over the country. But this requires you to get through the Joint Entrance Examination which has a cut-throat competition. The perk of getting in these colleges is the college placement where the companies come to recruit the best staff for them. There are also several other renowned colleges you can search for on the internet that guarantees companies coming for placements. Apart from this, one can apply for jobs through various online job websites that are recently trending a lot. Another way would be to apply for walk-in interviews by sending writing applications to the companies wish to work for. Once you get through the initial recruitment processes of the company, you would be facing interviews which are not always going to be on the side of your luck! Here are a few tips on how to get through them. You need to prepare for the interviews not as you prepare for your exams. Interviews are playgrounds where you throw the dice knowing the numbers. Research about the company, brand, and the industryUnderstand your need for joining that particular corporation or firm.In interviews, you have to market yourself as a product to the panel.Check for even the smallest grammatical mistake in your CVKeep your answers prepared about the common interview question. This will lead to the cross-questioning session as well.Always be positiveConfidence, grooming and body language answers a lot about youFocus on communication skills. English is a language but communication is a lot more than just language, be confident even if you are conversating in any of the languages.Keep up with the trend and your technical questionsUse common senseTurn your weaknesses into lessons and strengthsBe a storytellerEtiquettes are very important. Suite etiquettes to asking for permissions before taking a seat. You might turn blank in your head due to nervousnessAnd at last, PRACTICE!

Final Word

The list of MNCs in India can show you how the IT sector is growing so rapidly that by 2017 its contribution to the GDP was noted as 7.7%. In India, the IT and software section are the masters of all. Every other day a new software or application is coming up with new features. AI is taking over past technologies and reducing physical labour while providing jobs to more and more IT and software engineers. Job opportunity in IT companies is huge. These are the Information Technology firms in India that are known to provide the best jobs. These firms also fall under the list of CMMI level 5 companies in India.  India is doing great work in information technology, and that is not only here but also at a global rate. We never know what miracles are going to change the lives of millions by the primary contributions of the IT corporations. Read the full article

[thetechnonews]

Smart Water Management Market  - Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025

Smart Water Management is the new system of management of water, revolutionizing the conventional distribution of water with new technologies. Modern utility distribution networks can exchange a large amount of data, which is helpful in efficiency in operation and optimization in the water management. In current water network systems based on large and centralized systems, the management options are limited, some of the major limitation in this management include, less operating efficiency because of the imbalance between supply of and demand for fresh water, high energy requirement for distribution and supply of fresh water, high treatment cost of waste water and low treatment efficiency. Therefore, to overcome these difficulties, smart water management is being adopted by many industries, manufacturing firms, and organizations.

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Market Dynamics

North America and Europe are the major regions in the advancement of smart water management technologies, owing to the high adoption of the new technologies such as advance meter infrastructure technology and SCADA software system technologies by many industries in the region. North America led the smart water management technology in 2016, with the market in the region valued at US$ 2.90 billion and projected to witness a CAGR of 19.3% during the forecast period (2017-2025). Asia Pacific is the fastest growing market for smart water management market, owing to the rising smart irrigation management systems and rising smart city projects. For instance, in India, 100 cities are being developed under the Smart Cities Mission. Asia Pacific is estimated to be the fastest-growing market, at a CAGR of 23.1% during the forecast period to reach US$ 11.69 billion by 2025.

North America led the smart water management market and is expected to exhibit a CAGR of 19.3% during the forecast period (2017-2025) to reach US$ 14.05 billion by 2025. Rising demand for sustainable energy solution along with stringent government regulations propelling the demand for smart water management market in the region. Safe Drinking Water Act (SDWA), Clean Water Act (CWA) and regulations on waste water discharge are forcing companies to examine their manufacturing processes. In addition to this, municipal and other facilities in the U.S. need to obtain permits under National Pollutant Discharge Elimination System (NPDES) permit program, if their discharge goes directly to surface water. Europe is the second largest market after North America in the smart water management due to healthy economy and advancement in technology. Asia Pacific is the fastest growing market in the smart water management due to development in smart city projects.

Among the advanced water meters, Advanced Metering Infrastructure (AMI) dominating due to operational benefits such as energy theft detection, meter reading accuracy and response to power outages, along with financial and security benefits. 

Supervisory Control and Data Acquisition (SCADA) dominated in the smart water management solutions segment. SCADA program is specifically designed to provide a real time historian data base, remote alerting functionality, alarm management, notification and optimization along with an open integration platform and a powerful HMI (Human Machine Interface). In open integration platform multiple SCADA systems, information can be organized and unified and HMI provides real time situation awareness, graphical visualization and alarm management on a centralized remote control room or on mobile devices such as smartphone or tablet.

North America led the smart water management market in 2016 and is expected to retain market dominance throughout the forecast period. Advancements in technology such as satellite remote sensing, and web-enable sensors and communication networks in water management and stringent government regulations such as Safe Drinking Water Act (SDWA), Clean Water Act (CWA) and regulations regarding the wastewater management are factor boosting growth of smart water management market in this region, with region accounting for 32.80% share in 2016.

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Major Players in the Smart Water Management Market:

Some of the major players in the Smart Water Management Market are General Electric, ABB Group, Itron, Schneider Electric, International Business Machines (IBM) Corporation, Sensus, Elster Group Se, and Seimens Ag.

Detailed Segmentation:

Global Smart Water Management Market, By Advanced Water Meters:

By Water Read Technology

Cellular Network

Fixed Network

By Meter Type

AMI Meters

AMR Meters

Global Smart Water Management Market, By Service:

Managed Services

Professional Services

Consulting services

Maintenance and Support

Deployment and Integration

Global Smart Water Management Market, By Solution:

Advanced Analytics

Advanced Pressure Management

Network Monitoring

Residential Water Efficiency

Enterprise Asset Management for Water and Wastewater Utilities

SCADA Systems for Water and Wastewater Utilities

Smart Irrigation Management System

Meter Data Management (MDM) of Water

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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[sandlerresearch]

IoT in Utilities Market by Component (Platform, Solutions (Asset Monitoring and Management and CIS and Billing), Services), Application (Electricity Grid Management Water and Wastewater Management), Region - Global Forecast to 2024 published on

https://www.sandlerresearch.org/iot-in-utilities-market-by-component-platform-solutions-asset-monitoring-and-management-and-cis-and-billing-services-application-electricity-grid-management-water-and-wastewater-management-r.html

IoT in Utilities Market by Component (Platform, Solutions (Asset Monitoring and Management and CIS and Billing), Services), Application (Electricity Grid Management Water and Wastewater Management), Region - Global Forecast to 2024

“The global IoT in utilities market size to grow at a CAGR of 13.5% during the forecast period”

The global Internet of Things (IoT) in utilities market size is expected to grow from USD 28.6 billion in 2019 to USD 53.8 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 13.5% during the forecast period. Factors, such as the rising trend of deregulating utility industry, and need for operational efficiency and control are expected to drive the growth of the market. The growing deregulation of the utility industry is increasing the entry of new innovative players into the market, bringing new innovations in the industry. It further increases market competitiveness to provide efficient services to the consumer. Companies offering IoT, Artificial Intelligence (AI), and Machine Learning (ML)-enabled utility solutions focus on improving their plant control and overall production and management. These technologies enables agility and flexibility, thus increasing the control of the system. This has enforced utility companies to use operational efficient IoT-based solutions in their organizations.

Solutions segment to lead the IoT In Utilities market in 2019

The solutions segment includes solutions, such as asset monitoring and management, safety and security, Supervisory Control And Data Acquisition (SCADA), network management, workforce management, and Customer Information System (CIS) and billing systems. These solutions help utilities to maintain operational efficiency of the organization and provide seamless services to the customers. IoT technology solutions have helped utilities integrate various business processes, pushing the utility industry toward the growth phase in an exponential way. Integrating technologies with existing operations is further expected to increase enterprise operational efficiency even with less infrastructure investment.

Electricity grid management application segment to lead the market in 2019

The development of grid technology has benefitted traditional energy infrastructure vendors and offered business opportunities for emerging players that plan to serve untapped market opportunities. The replacement of aging utility infrastructure, and deployment of Advanced Metering Infrastructure (AMI), and smart grid applications are identified as major business opportunities for traditional vendors. Emerging market players, such as hardware providers, semiconductor companies, telecom and networking infrastructure companies, and software firms will are expected to benefit from major technology investments in IoT-based grid projects by regional governments.

North America to lead the IoT in utilities market in 2019

North America has been a leader in the adoption of smart grid technology and a large share of the major utilities in the region are now fully deployed or in the implementation or planning stages of full-scale rollouts. In the last few years, numerous utility companies in the US have agreed to deploy smart utility schemes, where one of the main objectives is to offer second-generation advanced metering infrastructure, communication modules, asset management, workforce management, security features, analytics, and Meter Data Management (MDM). Financial sound companies across the region enable heavy utility-related investments on leading tools and technologies for effective energy consumption. On the other hand, Canada has been emphasizing on enhancing its power supply capabilities and up gradation of its electric grid infrastructure. This has enforced technology vendors in the region to increase their presence in the North American region.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the IoT in utilities market.

The following list provides the breakup of primary respondents’ profiles:

By Company Type: Tier 1: 46%, Tier 2: 38%, and Tier 3: 16%

By Designation: C-level Executives: 52%,Director Level: 34%, and Others:14%

By Region: North America: 38%, Europe: 28%, Asia Pacific (APAC): 25%, Middle East and Africa (MEA): 6%, and Latin America: 3%

Major vendors in the global IoT in utilities market include IBM (US), Oracle (US), Verizon (US), Cisco (US), Vodafone (UK), Telit (UK), Landis Gyr (Switzerland), Itron (US), Schneider Electric (France), Huawei (China), Trimble (US), Aclara (US), Trilliant (US), Energyworx (Netherlands), HCL (India), Altair (US), Actility (France), Waviot (Russia), Rayven (Australia), Saviant Consulting (India), ABB (Switzerland), Siemens (Germany), Honeywell (US), and GE (US).

Research coverage:

The report includes an in-depth competitive analysis of key players in the IoT in utilities market, along with their company profiles, recent developments, and key market strategies. The report segments the global IoT in utilities market by component, solutions, services, application, and region.

Key benefits of buying the report:

The report would provide market leaders/new entrants in the IoT in utilities market, with information on the closest approximations of the revenue numbers for the overall IoT in utilities market and sub segments. The report would help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. It further helps stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.

[marketglobalanalysis]

Advanced Metering Infrastructure (AMI) Market 2019-2026 by Key Players Production And Demand| Itron, GE Digital Energy, Siemens, Kamstrup

The latest study on the Advanced Metering Infrastructure (AMI) market for the forecast period, 2019 to 2026 classifies the industry into various segments based on the product type, end-use and application. Besides, these segments are assessed in detail by incorporating industry estimates at both the regional as well as country level. This segment evaluation is beneficial in helping stakeholders, business owners and marketing personnel get an understanding of the growth areas and potential opportunities for the Advanced Metering Infrastructure (AMI) industry. The market intelligence report further covers the competitive landscape of the industry across different regions.

Advanced Metering Infrastructure (AMI) are systems that measure, collect, and analyze energy usage, and communicate with metering devices such as electricity meters, gas meters, heat meters, and water meters, either on request or on a schedule. These systems include hardware, software, communications, consumer energy displays and controllers, customer associated systems, Meter Data Management (MDM) software, and supplier business systems.

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Dealing with the competition and competitors

The subject matter experts conducting the study offer a deep understanding of how prominent leaders have managed to navigate the potential buyers and competitive dynamics influencing their brand positioning in the industry The Advanced Metering Infrastructure (AMI) market analysis provides everything a business owner needs in order to succeed.

Filling in the gaps

It will not be wrong to say that the Advanced Metering Infrastructure (AMI) market report talks about customer experience that matters to every business owner planning to leverage the strategic insights for their brand growth. The case studies included in the study further demonstrate how recent innovation, mergers or acquisitions, new launches, research and development etc. have enables prominent leaders to curb toughest issues related to production volumes, demand and supply, supply chain management and more.

Study aims at providing data about key category dynamics such as user awareness and a buyer’s purchase intent, as well as tries to list down the relative influence of certain trends on the demand for a certain product or service.

Market segments by Top Manufacturers:

Landis+Gyr, Itron, GE Digital Energy, Siemens, Kamstrup, Sensus, Elster Group, Silver Spring Networks, Sanxing, Linyang Electronics, Wasion Group, Haixing Electrical, Techrise Electronics, Chintim Instruments, XJ Measurement & Control Meter, Clou Electronics, HND Electronics, Longi, Hengye Electronics, Holley Metering, Others

Market segments by regions:

·         United States

·         EU

·         China

·         Japan

·         South Korea

·         Taiwan

Market segments by types of Advanced Metering Infrastructure (AMI) Market, the report covers:

·         Smart Meter

·         Communications Infrastructure

·         Meter Data Management Systems (MDMS)

·         Others

Market segments by application of Advanced Metering Infrastructure (AMI) Market, the report covers:

·         Residential

·         Commercial

·         Industrial

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Helping you establish a strong foothold in the industry

The Advanced Metering Infrastructure (AMI) report highlights set of information related to pricing and the category of customers who are more than willing to pay for certain products and services. The information on opportunities as well as product features, determine which offerings or benefits command sale and identify the communications channels used by the  market leaders to create premium positioning strategies  as well as attract broadest share.

Apart from the above mentioned content the researchers go an extra mile to define the distinct usage occasions and lists the customer segments to leverage the brand and identify future opportunities. Besides, the subject matter expert segment the target customers purely based on their consumption patterns.

Here are the questions we answer...

·         What are the future opportunities in store for the vendors operating in the Advanced Metering Infrastructure (AMI) market?

·         What does the competitive landscape look like?

·         Which emerging technologies are believed to impact the Advanced Metering Infrastructure (AMI) market performance?

·         What are the key trends and dynamics?

·         Which regulations that will impact the industry?

·         Which segment will offer the most opportunity for growth between 2019 and 2026?

·         Where will most developments take place in the long term?

·         Who are the most prominent vendors and how much market share do they occupy?

·         What are the latest technologies or discoveries influencing the Advanced Metering Infrastructure (AMI) market growth worldwide?

Reasons to Buy

•          This report has been designed to help industry executives expedite the success and growth of their organizations

•          It will help you curate effective business strategies through a comprehensive, long-term outlook incorporated in the report

•          It will guide you in identifying potential opportunities with a detailed forecast of type, applications, and regions of the market

•          With the data provided in the report, you will gain clear insights into the market through an in-depth analysis of the critical aspects of the market

•          The insights will aid you in maintaining an upper hand in the competition through market shares, key strategies, along with company and product benchmarking

•          The report will help you decipher the position and prospects of emerging sectors in the global Advanced Metering Infrastructure (AMI) market

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Key points from TOC:

2 Manufacturers Profiles

2.1 Landis+Gyr

2.1.1 Business Overview

2.1.1.1 Landis+Gyr Description

2.1.1.2 Landis+Gyr Headquarter, Main Business and Finance Overview

2.1.2 Landis+Gyr Advanced Metering Infrastructure (AMI) Product Introduction

2.2 Itron

2.2.1 Business Overview

2.3 GE Digital Energy

2.3.1 Business Overview

2.3.1.1 GE Digital Energy Description

2.3.1.2 GE Digital Energy Headquarter, Main Business and Finance Overview

2.3.2 GE Digital Energy Advanced Metering Infrastructure (AMI) Product Introduction

2.3.2.1 Advanced Metering Infrastructure (AMI) Production Bases, Sales Regions and Major Competitors

2.3.2.2 Advanced Metering Infrastructure (AMI) Product Information

Continued…

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[premayogan]

The Future with Internet of Things (IoT)

For several years, the Internet of Things (IoT) has been a key trend involving the transfer of data to and from cloud-connected sensors and the software that enables companies to perform analytics on that data. Gartner Research projects the number of connected things will reach 14.2 billion in 2019 and 25 billion by 2021. In addition, Gartner predicts the price of IoT sensors will come down in 2019, which will enable more companies to use them to gain insights into healthcare, manufacturing, retail, and other industries. Ironically, a burgeoning IoT trend I bumped into several times while researching this article concerns not the technology but the name. For how much longer will we all be using the term "IoT"? There's been actual work done on this issue. For example, Forrester Research predicts that the term "IoT" will be replaced in favor of other, more descriptive phrases to describe the process. "Basically, the term is too generic and confusing," Frank E. Gillett, Vice President and Principal Analyst at Forrester, told PCMag. "We think terms like 'connected product' or 'connected operations' will rise. That, plus more specific use case terms like 'predictive maintenance,' 'condition-based monitoring,' and 'cold chain monitoring,' will be used because they are specific and descriptive." Rebecca Wettemann, Vice President of Research at Nucleus Research, agreed about the limitations of the current "IoT" terminology. She thinks we should be "moving beyond the buzzwords around IoT and actually making it have practical value for a business." Whatever happens to the name, IoT technology is developing at a breakneck pace and everyone agrees that it will continue to do that throughout 2019. Here are eight specific IoT technology trends you should look for in 2019. MDM Will Protect the IoT From Ransomware Security is always a concern with the IoT, and this became top of mind for the city of Atlanta when it suffered a ransomware attack in March 2018 that seriously affected ticket payments and water services, in effect crippling the city. A hacker demanded $51,000 to unlock the infected systems or $6,800 per unit. Experts predict more ransomware attacks could hit smart city projects, and cities will need to invest in security to combat these threats. These types of attacks pose a threat to smart lighting, traffic controls, and public transportation, according to Forrester. Mobile device management solutions, such as Samsung Knox, SOTI MobiControl, and VMware AirWatch, can be key to ward off attacks at the endpoint for IoT devices.   The IoT Will Enable Smart Cities Many cities have been developing IoT services as part of smart city initiatives. Cary, North Carolina uses IoT data to connect traffic lights to Salesforce's customer relationship management (CRM) platform in order to alert utility companies if the traffic lights go out. San Diego, California uses intelligent lighting and automated street meters. Current, powered by GE(GE's IoT platform) enables the smart city implementations in San Diego and incorporates "CityIQ," an intelligent node that is embedded with multiple sensors. "We're seeing a reasonable pickup in smart city projects," said Dan Hushon, Senior Vice President and Chief Technology Officer at DXC Technology. The rollout of 5G networks could provide a boost to smart city implementations such as parking meters, plus draw less battery power from the devices, according to Hushon. (Image credit: GE)   IoT Technology Will Keep Food Safer The IoT also provides insights to improve food safety. In one example, cold food storage operator Lineage Logistics, which offers hybrid cloud platforms, is working with ndustrial.io and AT&T to keep food safe. Smart meters from industrial.io as well as approximately 1,000 sensors with connectivity from AT&T Internet of Things help companies measure temperature and humidity in cold storage facilities. Expect to see more implementations like this in 2019. As part of this effort, Lineage Logistics helps optimize energy management in food storage settings. AT&T helps with using sensors and data to gain insights. Companies can use heating maps, alerts, and reports to see data on the temperature and environment in food storage facilities to ensure food safety.   More IoT Data Will Be for Sale In 2019, companies will continue to sell IoT data in a practice called "infonomics," Gartner predicts. According to Gartner, this practice of selling data will be an important component of many IoT systems by 2023. Appliance manufacturing companies may sell IoT data not only for the additional revenue but also to prove, through predictive maintenance and IoT network management data, that their products work well. For instance, data could be mined from smart water sensors, which can detect problems such as leaks. That information could then be sold to manufacturers or service firms for use in sales and digital marketing campaigns.   IoT Will Play a Bigger Role in Helpdesk and CRM IoT data will be increasingly used to help automate customer service, and by extension, sales efforts through customer relationship management(CRM) software. A basic scenario will be an IoT device notifying companies when they sense customers are having a problem. This could work not only for appliance-style products but also utilities, such as cable service. The IoT device could alert the utility's service desk software before the customer even knows to report it. From there, the IoT data can be fed into the company's CRM software and used to fuel sales discussions down the road. Integrations such as this are easy with products supporting effective application programming interfaces (APIs), such as Zoho CRM. "I think CRM is an ideal place to take advantage of the IOT," said Nucleus' Wettemann. "With field service and service itself being such a differentiator for companies, there's real value there."   IoT Will Simplify Preventive Maintenance in Manufacturing One of the best ways to gain benefits from the IoT is when sensors provide guidance about problems with machinery before a field service technician gets to work on-site. Preventive maintenance is advancing rapidly, so we'll see more of this in 2019. Smart factories are an area in which preventive maintenance plays a role; workers rely on wearable devices that provide insights into safety and factory conditions. "In the manufacturing space, we see a lot of smart factory-type deployments nowadays, where we have wearables for maintenance where they're connected to mobile devices. It's to make more effective use of time, make more effective use in terms of safety, and get feedback from the factory floor," said Taher Behbehani, Senior Vice President and General Manager of the Mobile B2B Division at Samsung Electronics America(SEA). "Essentially, in the old days, there was a barrier between the factory floor and management, the control center. And that is now removed by having the wearables deployed throughout the factory and worn by employees." (Image credit: SEA)   IoT Will Improve Workforce Management Beacons have been around for years to help companies send targeted messages to consumers' smartphones. But now, with the costs coming down on the devices, they can help with workforce management as well. Beacons can even take the place of time sheets or clocking in, Wettemann noted. Although it might seem creepy, beacons can also help with employee monitoring and scheduling, and this data can also be connected to performance management software as well. With beacons becoming more economical, more companies will begin to implement them this year, predicts Nucleus' Wettemann. "Beacons have gone way down in terms of cost, so we're not talking about being as cost prohibitive as they used to be," Wettemann said. Organizations can also use beacons to monitor employees to ensure they are using the right safety gear. This could benefit the health care industry as beacons can monitor doctors and nurses in a hospital, making sure they're following proper procedures regarding medical health records or using the right medical equipment, Wettemann noted. IoT Will Power Smart Stores Stores are getting smarter than ever, with radio frequency identification (RFID) tags providing key insights on product inventory. Smart lighting can also tell stores how long customers linger in a certain aisle or interact with products on the shelves. Current, powered by GE is one product that offers this type of functionality. After analyzing the data from store video and Wi-Fi-enabled foot traffic-monitoring software, retailers can make adjustments to merchandise amounts or store layouts. Even general-use business intelligence (BI) software, such as Microsoft Power BI, can provide these types of insights. Read the full article

[kapils2208-blog]

Market Analysis: Global Smart Gas Market

The global smart gas market accounted for USD 11.10 billion in 2016 growing at a CAGR of 13.86% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Market Definition: Global Smart Gas Market

The smart gas devices are very helpful in monitoring solution for gas utilities deals remotely. These devices play a very important role in tracking asset performance which provides real-time data during gas operations. The smart meters help in capturing, storing, and transmitting meter data to the main server. The growing demand for the energy demand globally, rapid urbanization and technological advancements are driving the market for global smart gas.

Major Market Drivers & Restraints:

Rapid urbanization

Technological Advancement

Increasing Government Initiatives

Increasing Global Energy Demand

Increasing Amount Of Economic And Regulatory Support

Improved & Transparent Billing Processes

Market Segmentation: Global Smart Gas Market

The global smart gas market is segmented on the basis of devices into AMR (Automatic meter reading) & AMI Meters.

On the basis of solution, the global smart gas market is segmented into GIS, SCADA, asset condition monitoring &performance management, MDM, and outage management & remote monitoring.

By services, the global smart gas market is segmented into consulting, deployment& managed.

On the basis of geography, global smart gas market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

Company Share Analysis: Global Smart Gas Market

The report for global smart gas market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.

Major Market Competitors: Global Smart Gas Market

Some of the major players of the global smart gas market are General Electric Company, IBM Corporation, Schneider Electric, Oracle, Silver Spring Networks, CGI Group Inc., Capgemini, Badger Meter, Inc., Itron Inc., Sensus, Verizon, Aclara Technologies LLC., ABB Group , Diehl Stiftung & Co KG among others.

Research Methodology: Global Smart Gas Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry.

Some of the key research methodologies used by DBMR Research team is Vendor Positioning Grid, Technology Life Line Curve, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Company Sales In Terms Of Hardware, Software, And Services Availed, Multivariate Modeling, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about of research skills drop an inquiry to speak to our industry experts.

[businessindustry]

Internet of Things (IoT) Smart Meter Market Future Business Trends, Growing Technology Opportunities 2024-2032

The Reports and Insights, a leading market research company, has recently releases report titled “Internet of Things (IoT) Smart Meter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Internet of Things (IoT) Smart Meter Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Internet of Things (IoT) Smart Meter Market?

The internet of things (IOT) smart meter market is expected to grow at a CAGR of 12.5% during the forecast period of 2024 to 2032.

What are Internet of Things (IoT) Smart Meter?                                                                                                                                                                            

An Internet of Things (IoT) smart meter is a device used for measuring and recording the consumption of utilities like electricity, gas, or water. It communicates this data wirelessly to a central system for monitoring and billing purposes. These smart meters enable two-way communication between the utility provider and the consumer, allowing for real-time monitoring of energy or water usage. They offer features such as remote reading, automated billing, and the ability to detect and report issues like leaks or outages. IoT smart meters are essential for more efficient resource management, improved service reliability, and the integration of renewable energy sources into the grid.

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What are the growth prospects and trends in the Internet of Things (IoT) Smart Meter industry?

The internet of things (IoT) smart meters market growth driven by various factors and drivers. The market for Internet of Things (IoT) smart meters is experiencing significant expansion, fueled by the growing uptake of smart grid technologies and the increasing need for effective energy management solutions. These smart meters provide advantages like real-time monitoring, remote reading, and automated billing, leading to their deployment in residential, commercial, and industrial settings. Government programs aimed at modernizing utility infrastructure and encouraging energy conservation are also driving market growth. However, challenges such as data privacy issues and the high cost of installation may impede growth to some degree. Hence, all these factors contribute to internet of things (IoT) smart meters market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

Product Type:

Electricity Smart Meters

Water Smart Meters

Gas Smart Meters

Communication Technology:

Wired Smart Meters

Wireless Smart Meters

Component:

Hardware

Software

Services

End-User:

Residential

Commercial

Industrial

Application:

Energy Consumption Monitoring

Load Management

Billing and Payment Management

Remote Disconnect/Reconnect

Demand Response

Others

Meter Type:

Advanced Metering Infrastructure (AMI)

Automatic Meter Reading (AMR)

Connectivity:

Cellular Network

Power Line Communication (PLC)

Radio Frequency (RF)

Others

Deployment:

Retrofit

New Installation

Customer Type:

Investor-Owned Utilities (IOUs)

Public Utilities

Cooperative Utilitie

Meter Phase:

Single Phase

Three Phase

Power Source:

Battery-Powered

Hardwired

Application Area:

Residential Buildings

Commercial Buildings

Industrial Building

Meter Data Management (MDM) Solutions:

Data Collection

Data Storage

Data Analysis

Data Visualization

Service Model:

Managed Services

Professional Services

Sales Channel:

Direct Sales

Indirect Sales

Report Segmentation:

North America:

United States

Canada

Europe:

Germany

United Kingdom

France

Italy

Spain

Russia

Poland

BENELUX

NORDIC

Rest of Europe

Asia Pacific:

China

Japan

India

South Korea

ASEAN

Australia & New Zealand

Rest of Asia Pacific

Latin America:

Brazil

Mexico

Argentina

Rest of Latin America

Middle East & Africa:

Saudi Arabia

South Africa

United Arab Emirates

Israel

Egypt

Rest of MEA

Who are the key players operating in the industry?

The report covers the major market players including:

Siemens AG

Landis+Gyr

Itron Inc.

Schneider Electric SE

Honeywell International Inc.

Aclara Technologies LLC

Kamstrup A/S

Iskraemeco

Badger Meter, Inc.

Sensus (Xylem Inc.)

Elster Group GmbH (Honeywell International Inc.)

ICSA (India) Limited

Jiangsu Linyang Energy Co., Ltd.

Neptune Technology Group Inc.

Holley Technology Ltd.

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If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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[water-sludge-treatment]

Smart Water Grid Market Overview, Growth, Key Players and Trend Analysis, 2014 to 2025

29 November 2018, The global Smart Water Grid Market is expected to reach USD 10.27 billion by 2025, driven by a growing emphasis towards a reduction in non-revenue water, the necessity for accurate billing, restructuring of old infrastructure, instantaneous monitoring of the grid, efficient fixing of leaks, and improved client engagement. Furthermore, the need to conform to government regulations, expectations for increased safety and reliability with reduced cost and development of smart cities have been the driving forces for the smart water grid market.

North America dominated the market in 2016 due to the advancement of the IT sector, which plays an integral part of these networks. Advancement in technology has helped various factors such as water safety, managing severe weather conditions and valuation of consumption. Europe followed suit, with an expected contribution of USD 2.96 billion by 2025 due to the increase in adoption of smart water meter compliances for better management.

Asia Pacific is anticipated to witness the fastest growth over the forecast period on account of increase in production and sales of advanced metering infrastructure. Metering infrastructure is getting a boost from the increasing demand for meters transmitting information through an accessible network.

Browse Details of Report @ https://www.hexaresearch.com/research-report/smart-water-grid-market

Fixed Radio Frequency (RF), Power Line Communications (PLC), Broadband over Power Line (BPL), and other municipal grids such as cellular or landline networks are combined with the right metering software to derive accurate data. The data is received by Meter Data Management System (MDMS) that is accountable for the statistics of the water analysis and distribution as per the readings.

The smart water grid industry is expected to grow on account of increasing demand for information about usage that allows preservation of resources and saves money. Smart Infrastructure held the largest market share accounting for 41.5% in 2016 and is expected to witness steady growth on account of increasing number of smart water grids, particularly in emerging economies of the world.

Companies are investing extensively in R&D to enhance technology. Companies have zero dependence on the government bodies due to suitable initiatives for substituting energy systems to grow. Players in the market such as Itron Inc., Siemens AG, Badger Meter, Inc, and Neptune Technology are investing heavily in the smart water grid market.

Hexa Research has segmented the global smart water grid market based on technology, type and region:

Segmentation by technology, 2014 - 2025 (USD Million) • Smart Infrastructure  • Control & Automation • ICT & Analytical Software • Engineering & Design

Segmentation by type, 2014 - 2025 (USD Million) • Residential • Commercial • Utility

Segmentation by region, 2014 - 2025 (USD Million) • North America     • U.S. • Europe     • UK • Asia Pacific     • China     • India • Middle East & Africa     • Saudi Arabia • Central and South America

Key players analyzed • Itron Inc • Siemens AG • Badger Meter, Inc • Neptune Technology • Sensus Sentec • Schneider Electric • Landis+Gyr • Arqiva • Diehl Stiftung & Co. KG • ABB

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/water-and-sludge-treatment-industry

[technogeekstmr]

Global Industrial Energy Management Systems Market Analysis, Growth by Top Companies, Trends by Application, Forecast – 2027

Industrial sector across the globe have increased at a significant rate in the couple of years. Growing investments in this sector and inclusion of advanced technologies in it have drastically developed it. Consumption of energy in various industries has also grown due to the increasing manufacturing activities taking place in different industries.

Application of industrial energy management systems is widely seen in aluminum, steel, oil refineries, automotive, paper, chemical, and similar other industries. Moreover, strict regulatory policies for players operating in these industries related to energy management and environmental has further boosted the demand in the industrial energy management systems market.

As the demand for energy increased in industries, various innovative technologies increased assisted in the easy management and control the usage of energy. Use of different technologies is seen in the industrial energy management systems market across the globe. Few of them are peak load control systems (PLCS), meter data management (MDM), programmable logic controls (PLC), energy analytics, energy management information systems, supervisory control and data acquisition (SCADA), and others.  

Employment of these technologies helps the manufacturers to critically track the fluctuation of energy consumption. It also helps in strategically devising the consumption of energy. Apart from the consumption of energy while manufacturing, consumption of energy in building operations is also covered in industrial energy management system. As technological development has become an integral part these days, more and more manufacturers are ready to adopt energy management solutions in their day-to-day working.  

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Furthermore, rising consciousness related energy consumption, efficiency, and control of demand the resultant reduction in the costs of operation fueled the demand in this market. In fact, industries that are energy intensive are likely to make high profits by integrating industrial energy consumption systems, as it will help in higher profit generation by eventual reduction in cost in energy. Considering all these factors, the global industrial energy management systems market is expected to grow considerably in the near future.

Global Industrial Energy Management Systems Market: Overview

The global industrial energy management system market is prophesized to gain rapid momentum in the coming years because of the growing need for energy utilization in industrial management systems. Energy management in industries means planning and managing operations of energy consumption and production units. The main objectives of energy management for industries is cost savings, climate protection, and resource conservation. This is all done while the user is having a permanent access to the energy he needs. Industrial management is closely connected to production management as well as energy management along with prior emphasis on environment protection and conservation.

There are different variations to the global industrial energy management systems market with respect to offering, component, services, type, end-user, and market verticals. On the basis of offering, the market is classified into services, and system. Based on component, the market is divided into software, controller, and sensor. On the basis of services, the segments are consulting and training, maintenance, implementation and integration, and monitoring and control. With respect to type, the market for industrial energy management systems is categorized into industrial energy management systems, building energy management system, and home energy management system. With respect to market vertical, the market is segmented into healthcare, enterprise, manufacturing, telecom and IT, and power and energy. Classification of end user includes commercial and residential group.

The report presented above is a complete evaluation of the global industrial energy management systems market with major focus on market dynamics. It also includes market drivers, restraints, and trends and opportunities. The above presented report also offers geographical and other segmentation of the market.

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Global Industrial Energy Management Systems Market: Trends and Opportunities

The global industrial energy management system market is expected to grow substantially and a number of factors are held responsible for this rapid growth. An important factor propelling the market is the accelerating inclinations towards attaining energy efficiency. Moreover, the rise in adoption of energy management solutions to the industrial development all around different verticals of the market is also adding fuel to the growth of the overall market. Thus, the market is expected to continue gaining more revenue in the future years.

However, the high rate of initial investment cost along with longer time taken for playback may hamper market growth. This may be a loss for both the regional as well as SME manufacturers.

Nevertheless, factors like increase in awareness regarding energy efficiency among all users for residential purposes is also expected to boost the overall market growth. This is further expected to substantially provide an expansion for market players in home based services and solutions, thus, drawing more profit. Furthermore, rise in demand of energy efficient solutions in end use categories like commercial sites, office spaces, and enterprises will also boost market growth. This is being done in order to minimize the operational costs with the help of effective energy consumption in industries by building EMS solutions in future years.

Global Industrial Energy Management Systems Market: Regional Analysis

The global industrial energy management system market is geographically segmented into the regions of Asia Pacific, North America, Middle East and Africa, Europe, and Rest of the World. Europe and North America, together accounted for a prominent market share in the past years. On the other side, the developing economies of Asia Pacific and Latin America is seen as a lucrative opportunity of growth in the years to come owing to rapid urbanization.

Global Industrial Energy Management Systems Market: Companies Mentioned

Important players of the industrial energy management system market are Honeywell International Inc., Delta Electronics, Inc., Yokogawa Electric Corporation, and Delta Electronics, Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments

Market trends and dynamics

Supply and demand

Market size

Current trends/opportunities/challenges

Competitive landscape

Technological breakthroughs

Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)

Latin America (Mexico, Brazil, Peru, Chile, and others)

Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)

Eastern Europe (Poland and Russia)

Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)

Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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[yourabhi123world-blog]

Smart Gas Market worth 21.75 Billion USD by 2022

The report "Smart Gas Market by Device (AMR & AMI Meters), Solution (GIS, SCADA, Asset Condition Monitoring and Performance Management, MDM, Outage Management & Remote Monitoring), Service (Consulting, Deployment, & Managed) and Region - Global Forecast to 2022", The smart gas market size is expected to grow from USD 11.25 Billion in 2017 to USD 21.75 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 14.1% during the period of 2017–2022. The major drivers for upsurge in demand for the smart gas market include increasing global energy demand leading to the adoption of sophisticated technologies and replacement of aging infrastructure driving the investment in the smart gas market.

Browse 75 market data tables and 72 figures spread through 143 pages and in-depth TOC on "Smart Gas Market by Device (AMR & AMI Meters), Solution (GIS, SCADA, Asset Condition Monitoring and Performance Management, MDM, Outage Management & Remote Monitoring), Service (Consulting, Deployment, & Managed) and Region - Global Forecast to 2022"

https://www.marketsandmarkets.com/Market-Reports/smart-gas-management-market-237135778.html

The remote monitoring solution is expected to grow at the fastest rate in the smart gas market during the forecast period

The remote monitoring solution for gas utilities deals with remotely controlling the essential types: hardware & software, such as Programmable Logic Controller (PLC), Human Machine Interface (HMI), & Supervisory Control and Data Acquisition (SCADA) systems. The solution has the ability to track asset performance, which provides real-time data during gas operations. Factors, such as production time, leakage rate, energy usage, and climatic conditions can all be collected, analyzed, & presented to the responsible personnel, in terms of performance data and ability to control data, such as remotely shutting off gas operations.

Automatic Meter Reading (AMR) meter is estimated to have the largest market share during the forecast period

AMR meters are capable of capturing, storing, and transmitting meter data to the main server. Backed by the remote monitoring feature of AMR meters, the functionalities of AMR meters have expanded from billing to events alarms, such as tamper, leak detection, flow monitoring, demand forecasting, demand response management, low battery notification, and remote shutdown.

North America is expected to hold the largest market share in the smart gas market during the forecast period

As per the geographic analysis, the North American region would witness significant growth in the smart gas market over the forecast period, due to massive upcoming projects in the region. North America has the highest installation (over 50%) of AMR meters. During the last few years, numerous utilities in the U.S. have boarded on advanced smart gas schemes, where one of their main objectives is to deploy second-generation advanced metering infrastructure, communication modules, asset management, workforce management, security features, analytics, and Meter Data Management (MDM).

The major vendors covered in the smart gas market for this study include ABB Group (Zurich, Switzerland), Aclara Technologies LLC (Hazelwood, Missouri), Badger Meter, Inc. (Wisconsin, U.S.), Cap Gemini S.A. (Paris, France), CGI Group Inc. (Montreal, Canada),  Diehl Stiftung & Co KG (Nuremberg, Germany), Elster Group GmbH (New Jersey, U.S.), General Electric Company (Massachusetts, U.S.),  IBM Corporation (New York, U.S.) Itron Inc. (Washington, U.S.), Landis+Gyr (Zug, Switzerland), Oracle Corporation (California, U.S.),  Schneider Electric SE (Rueil-Malmaison, France), Sensus (North Carolina, U.S.),  Silver Spring Networks, Inc. (California, U.S.),  and Verizon Communications, Inc. (New York, U.S.).

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[businesresearch-blog]

Smart Grid Home Area Network (HAN) Market 2017-2022 Technical Data and Manufacturing Plants Analysis

Global Smart grid home area network market is expected to witness a significant growth over the forecast period owing to the growing deployment of smart grid. The integration of various technologies into the power grid and increasing installation of smart meters are the factors boosting the growth of global smart grid home area network market. The technology delivers high-level security coupled with information storage which is projected to have a positive impact on the market growth. Furthermore, reduction in carbon emission along with decreased operational errors is another factor propelling the growth of smart grid HAN market. The continuous technological advancements in the communication technologies along with long term profits is estimated to witness robust growth over the decade

The increasing use of N-PLC (number of power line cycles) in areas such as electric vehicles, advanced metering, and renewable energy aids in the growth of this industry. N-PLC means how long an input signal is integrated to obtain a single measurement. However, the rising cyber threats could be a major challenge for the market. The key emerging trend in this market is the increasing adoption of standards that define the use of technologies and the parameters with which they must be deployed. The advantages associated with the smart grid home area network is presumed to fuel the market growth. It includes consumer empowerment which helps them in reducing their electricity bill, real-time access to energy consumption and helps the consumer in monitoring device performance.

Browse Full Report With TOC @ https://www.millioninsights.com/industry-reports/smart-grid-home-area-network-han-market

Smart grid enables two-way communications and communicates the usage to the smart meters. This, in turn interacts with consumers through the HAN. HAN is a network of energy management devices, signal-controlled appliances, consumer electronics and applications within a home. It connects devices which are capable of sending and receiving signals from meters, HEM (home energy management) applications, and in-home displays. The specifications of HAN include Wireless M-Bus, HomePlug, ZigBee and Z-Wave. The market is segmented on the basis of components into hardware and software. Hardware includes HEMS which is a combined HAN with hardware that has demand response load control, auto-pricing response capabilities, and home automation controls. Software component is an IT system which is fully integrated with HAN consisting of Mobile Device Management (MDM), self-service web portals, AMI Head End and Customer Information System (CIS).

On the basis of applications, the market is classified into network HEM and IHD. IHD (in-home display) is a small electrical device consisting of a touch screen. It works with a smart meter to provide all kinds of data about the energy used. The smart grid HAN is widely used in home appliances, security management system in homes and multimedia devices in homes. Geographically, the key regions identified in this industry are Europe, the Middle East and Africa, Latin America, North America and Asia Pacific. North America is estimated to dominate the market due to the continuous technological advancements in this region. The presence of a large number of manufacturing companies, and early adoption of home area network in the developed regions such as U.S and Canada, are attributed to the growth of this industry.

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