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Advanced Distributed Management System Market Worth 1,788.4 Million USD by 2021PUNE, India, June 3, 2016 /PRNewswire/ -- According to a new market research report, "Advanced Distribution Management System Market by Software, by Service (Consulting, System Integration, Support and Maintenance), and By Region (North America, Europe, Asia-Pacific, Middle East and Africa, Latin America) - Global Forecast to 2021", published by MarketsandMarkets, the ADMS market size is expected to grow from USD 687.2 Million in 2016 to USD 1,788.4 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 21.1% during the forecast period. (Logo: http://photos.prnewswire.com/prnh/20160303/792302 ) Browse 37 market data tables with 41 figures spread through 112 pages and in-depth TOC on "Advanced Distribution Management System Market" Early buyers will receive 10% customization on this report. Request Sample Pages - http://www.marketsandmarkets.com/requestsample.asp?id=208755199 The major drivers of this market include better cost efficiency, rising demand of energy, and higher carbon savings associated with smart grid. Furthermore, more than 200 smart city projects across the globe provide huge opportunities for ADMS vendors, service providers, software providers, and consulting companies. Evolution of smart grid technology and accelerating demand for energy offer major opportunities for ADMS vendors and solution providers The market size of ADMS has considerably grown over the past few years on the account of evolving smart grid and the emergence of technologies such as advanced metering infrastructure, outage management system, and energy management system. Rapid industrialization in emerging econmies such as India and China has increased the demand for energy in these regions. Also, the demand for affordable and reliable energy has forced the utilities to upgrade to advanced technologies and enhance their electric and distribution network, thereby driving the adoption of ADMS. System integration services segment is expected to grow at the highest CAGR during the forecast period The ADMS market has been segmented into software, services, and regions. System integration and support and maintenance services are projected to grow at a high growth rate; and hence, will present good market opportunity during the forecast period. The increasing demand for system integrators to install, manage, and maintain various connected platforms acts as a major driving factor for the growth of system integrators in the ADMS market. North America is expected to hold the largest market share in the ADMS market. North America is expected to hold the largest market share and dominate the ADMS market from 2016 to 2021, with an increasing number of smart grid projects, rising need for energy, and increasing number of government mandates regarding carbon savings. Latin America and the Middle East & Africa (MEA) offer potential growth opportunities due to the upcoming smart grid projects, new economic and political reforms of the regions, increasing energy prices, and growing employment opportunities. The major vendors covered in the ADMS market for this study include ABB Group (Switzerland), Oracle Corporation (U.S.), Schneider Electric SE (France), Seimens AG (Germany), and Indra Sistemas (Spain). Browse Related Reports Internet of Things (IoT) in Utility Market by Software (Analytics, Security, Smart Grid Management, Predictive Asset Maintenance, and CIS & Billing System), Platform, Service, Application, and by Region - Global Forecast to 2020 http://www.marketsandmarkets.com/Market-Reports/iot-utility-market-116054824.html About MarketsandMarkets: MarketsandMarkets is the world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. 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