Market Share's Outage Management System (OMS) Market Growth, Type | Page 2

demands for more consistent control systems, and increase in the needs for appropriate supervision and speedier
repair.
It has been noticed that the concerned manufacturers are also siding with partnerships, acquisitions, and joint
ventures as their key policies that is ultimately contributing in the inorganic growth of the market. On account of all
the above factors, it is estimated that the industry will register a healthy CAGR in the upcoming years.
Outage Management Systems Market is segregated by type as Standalone OMS, Integrated OMS, and others. Among
all the types, the Integrated Outage Management System segment is taking up a significant share in the market, the
reason being rise in the inclinations towards modern applications like Advanced Distribution Management System.
Outage Management Systems Market is segmented by component as Communication System, Software, and others.
Among all the component segments, the Communication System is holding the topmost position in the market, the
reason being rising needs for latest and innovative outage management systems around the globe. This market is
divided by end user as Private Utilities, Public, and others. The industry is classified by geography as North America,
Europe, China, Japan, Southeast Asia, and India.
Geographically, North America is lately leading the Outage Management Systems market and the region is expected
to continue dominating till the next couple of years. The factors that can be attributed to the market growth may
encompass rise in the smart grid initiatives, increase in the prerequisites for sophisticated network control systems in
the region, and mounting investments by the leading companies. The United States is deemed as the major contributor
in the market growth.
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Conversely, Asia Pacific and Europe are also expanding gradually in the Outage Management Systems market owing
to rising population base, developing nations, and rising significance of Outage Management Systems in these regions.
The prime players contributing in the robust development of the Outage Management Systems Market are recognized
as Oracle Corporation, Siemens AG, ABB Ltd., General Electric Company, and Schneider Electric SE.
Market Segment:
This report studies the global Outage Management System (OMS) market, analyzes and researches the Outage
Management System (OMS) development status and forecast in United States, EU, Japan, China, India and
Southeast Asia. This report focuses on the top players in global market, like
• Schneider Electric
• GE Grid Solutions