Lewes, DE -- (SBWIRE) -- 11/13/2015 -- Report forecast the global prepaid metering market to grow at a CAGR of 11.3% during the period 2014-2019.

Prepaid metering refers to paying for electricity before it is used. The consumer buys credit and then uses services until the credit expires. The concept of prepaid metering has been there for decades, but the major make shift took place in the 1980s by introduction of electronic or numeric credit transfer. A traditional prepaid metering system functions on three levels. The first level is the meters installed at the consumption point, the next level is vending stations situated at the utilities, and the top level is the master client, which ensures a database for reporting and provides administration, financial, and engineering control. The communication link between the vending stations and meters is in the form of a token, which is used to top up the credit in the meter.

Global Prepaid Metering Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the present scenario and the growth prospects of the global prepaid metering market for 2015-2019. The report includes the segmentation of the market on the basis of application, i.e., hardware, software, and services along with the geographical segmentation. It is also segmented on the basis of end users: residential, commercial, and industrial. It also presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the market. The vendor landscape in this report focuses mainly on the vendors that provide prepaid electric and smart energy meters. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

According to the report, prepaid meters are gaining acceptance by both utilities and customers because of the associated benefits to both parties. Utilities benefit from these meters as they reduce the accounts receivable and increase cash flow and liquidity. Customers, on the other hand, gain the advantage of keeping a tab on their consumption and budget at the same time.

Key players in the Global Prepaid Metering Market: GE Digital Energy, Itron, Landys+Gyr, Schneider Electric and Siemens Energy

Other Prominent Vendors in the market are: Echelon Corporation, Elster Group SE, Sensus, and Silver Spring Networks.

Market driver
- Increased acceptance
- For a full, detailed list, view our report

Market challenge
- Issues related to data management and meter replacement
- For a full, detailed list, view our report

Market trend
- Increasing support from regulatory authorities
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 62 pages "Prepaid Metering Market 2015-2019" report covers Executive Summary, Scope of the Report, Market research methodology, Introduction, Market landscape, Market segmentation by application, Market segmentation by end-users, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/prepaid-metering-market-2015-2019

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