COVID-19 Impacts: Advanced Distribution Management System Market Will Accelerate at a CAGR of over 19% through 2020-2024|Growing Demand for Energy and Cost Efficiency to Boost Growth| Technavio

Technavio has been monitoring the advanced distribution management system market and it is poised to grow by USD 1.74 billion during 2020-2024, progressing at a CAGR of 19% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact

Frequently Asked Questions-

• What was the value of the advanced distribution management system market in 2019?

• Technavio says that the value of the market was USD 1.25 billion in 2019 and is projected to reach USD 2.99 billion by 2024.

• At what rate is the market projected to grow during the forecast period 2020-2024?

• Growing at a CAGR of over 19%, the market growth will accelerate in the forecast period of 2020-2024.

• What is the key factor driving the market?

• Growing demand for energy and cost efficiency is one of the key factors driving the market growth.

• Who are the top players in the market?

• ABB Ltd., ETAP/Operation Technology Inc., General Electric Co., Indra Sistemas SA, International Business Machines Corp., Open Systems International Inc., Oracle Corp., S&C Electric Co., Schneider Electric, and Siemens AG are some of the major market participants.

• Which region is expected to hold the highest market share?

• North America

• What is a major trend in the market?

• Rapid adoption of smart grid technology is a major trend driving the market growth.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., ETAP/Operation Technology Inc., General Electric Co., Indra Sistemas SA, International Business Machines Corp., Open Systems International Inc., Oracle Corp., S&C Electric Co., Schneider Electric, and Siemens AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Growing demand for energy and cost efficiency has been instrumental in driving the growth of the market.

Advanced Distribution Management System Market 2020-2024: Segmentation

Advanced Distribution Management System Market is segmented as below:

• Component
  • Software
  • Analytics
  • Services
• Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America

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Advanced Distribution Management System Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our advanced distribution management system market report covers the following areas:

• Advanced Distribution Management System Market size
• Advanced Distribution Management System Market trends
• Advanced Distribution Management System Market analysis

This study identifies the rapid adoption of smart grid technology as one of the prime reasons driving the advanced distribution management system market growth during the next few years.

Advanced Distribution Management System Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the advanced distribution management system market, including some of the vendors such as ABB Ltd., ETAP/Operation Technology Inc., General Electric Co., Indra Sistemas SA, International Business Machines Corp., Open Systems International Inc., Oracle Corp., S&C Electric Co., Schneider Electric, and Siemens AG. Backed with competitive intelligence and benchmarking, our research reports on the advanced distribution management system market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Advanced Distribution Management System Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist advanced distribution management system market growth during the next five years
• Estimation of the advanced distribution management system market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the advanced distribution management system market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of advanced distribution management system market vendors

Table of Contents:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Component

• Market segments
• Comparison by Component placement
• Software - Market size and forecast 2019-2024
• Analytics - Market size and forecast 2019-2024
• Services - Market size and forecast 2019-2024
• Market opportunity by Component

Customer Landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Landscape disruption
• Vendor Analysis

Vendors covered

• Market positioning of vendors
• ABB Ltd.
• ETAP/Operation Technology Inc.
• General Electric Co.
• Indra Sistemas SA
• International Business Machines Corp.
• Open Systems International Inc.
• Oracle Corp.
• S&C Electric Co.
• Schneider Electric
• Siemens AG

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.