Advanced Distribution Management System Market Forecast 2023-2032: Market Size, Drivers, And Trends

The Advanced Distribution Management System Global Market Report 2023, provides comprehensive information on the advanced distribution management system market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.



 


Learn More On The Advanced Distribution Management System Market’s Growth:

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As per The Business Research Company’s Advanced Distribution Management System Global Market Report 2023, the global advanced distribution management system market size will grow from $1.78 billion in 2022 to $2.13 billion in 2023 at a compound annual growth rate (CAGR) of 20.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the advanced distribution management system is expected to grow to $4.19 billion in 2027 at a CAGR of 18.4%.

 

 

 

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Technological advancements are the key trend gaining popularity in the advanced distribution management system market. Major companies operating in the market are launching technologically advanced products to increase their market share. For instance, in June 2020, ETAP, a US-based provider of power system analysis software, launched ETAP 20, which features a set of innovative, time-saving electrical safety capabilities. ETAP 20 is desirable software for electrical engineers, consultants, and operators because of its advanced renewable energy modelling and simulation tools, cutting-edge simulation technology, and model-driven real-time network distribution management solutions.

 

 

The advanced distribution management system market is segmented:

1) By Offering: Solution, Services

2) By Deployment Mode: Cloud, On-premises

3) By System Type: Distribution Management System (DMS), Automated Meter Reading or Advanced Metering Infrastructure (AMR/AMI), Distributed Energy Resources Management Systems (DERMS), Energy Management Systems (EMS), Customer Information Systems (CIS), Meter Data Management Systems (MDMS)

4) By Organization Size: Large enterprises, Small and Medium Enterprises (SMEs)

5) By End User: Energy and Utilities, Defense and Government, Manufacturing, Transportation and Logistics, Telecom, IT and ITeS, Other End-Users

 

North America was the largest region in the advanced distribution management system market in 2022.

 

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