Prepaid Electricity Metering Market by type (Thin meter based solutions, Thick meter based solutions), by software (Cloud based SAAS Solutions) and by Region-Global Trends and Forecasts to 2019
An electricity meter is a device that measures the amount of electric energy consumed by residence, business, or an electrically powered device. A prepaid electricity meter allows us to pay for electricity before we use it. It is an excellent way to keep track of how much we are spending and it can help us budget our energy bills.
The global Prepaid Electricity Metering Market is primarily segmented on the basis of the meter used in them such as thin meter based solutions and thick meter based solutions. Secondly, it is segmented on the basis of software which include Cloud based SAAS Solutions. Lastly, the market is segmented based on the various regional markets into North America, Europe, Asia-Pacific, Latin America, and Rest of the World (ROW). Each segment has been analyzed with respect to its market trends, growth trends, and future prospects. The data has been analyzed from 2012 to 2019 and all the quantitative data with regard to segmentation is mentioned in terms of value ($million).
The Prepaid Electricity Metering market is also analyzed with respect to Porter's Five Force model. Different market forces such as the bargaining power of suppliers, bargaining power of buyers, degree of competition, threat from substitutes, and threat from new entrants are analyzed with respect to the Prepaid Electricity Metering industry. The report also provides the competitive landscape of the major market players, which includes mergers and acquisitions, awards and recognition, expansions, investments, agreements and contracts, and new product launches. These developments indicate the growth strategies used by key industry players to drive the overall prepaid electricity metering market. Some of the key players include Itron Inc. (U.S.), Infosys (India), Net Cracker Technology Group(U.S.),and Accenture(Ireland).
The report classifies and defines the contract value for the prepaid electricity metering industry. The report also provides a comprehensive review of the major drivers, restraints, opportunities, challenges, and key burning issues of the prepaid electricity metering market.
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The global prepaid electricity metering market is analyzed in terms of market size ($million) for the aforesaid software, types and by region.
• By Type
o Thin Meter Based Solutions
o Thick Meter Based Solutions
• By Software
o Cloud Based SAAS Solutions
• By Region
o North America
o Latin America
o Europe
o APAC
o ROW
Growth opportunities and latent adjacency in Prepaid Electricity Metering Market