TechNavio's analysts forecast the Global Smart Grid Data Management Solutions market to grow at a CAGR of 16.1 percent over the period 2011-2015. One of the key factors contributing to this market growth is the need for effective outage restoration. The need for effective outage restoration has also been witnessing increasing governmental support for the Smart Grid industry. However, high capital costs could pose a challenge to the growth of this market.
TechNavio's report, the Global Smart Grid Data Management Solutions Market 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Smart Grid Data Management Solutions market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Itron Inc., eMeter Corp., Oracle Corp., and ABB Group.