Advanced Metering Infrastructure (AMI) Market [Smart Meters; Communications; Energy Management Devices; Meter Data Management (MDM); Meter Communication Infrastructure (MCI); Security; Analytics]: Worldwide Market Forecasts and Analysis (2013 - 2018)

Boston, MA -- (SBWIRE) -- 07/04/2013 -- Advanced Metering Infrastructure (AMI) is one of the primary steps for smart grid optimization. To understand the customer needs and to fulfil them in an effective manner, involvement of both consumer and utility companies is essential which has led to implementation of AMI. Different federal and state governments are implementing AMI systems which not only reduce cost but also provide other benefits at customer and operational level such as more effective theft intrusion and detection, personalized tariff plans, improved service quality and easy bill options. Integration of AMI technologies into existing system is growing rapidly; still there are some challenges that hinder the implementation of AMI such as standardization, regulatory control and technological barriers.