The global smart meter market size was estimated to be worth around US$ 21.1 Billion in 2022. Owing to the rising adoption of smart meters in residential and commercial applications, the overall sales are projected to grow at a robust CAGR of 9.4% between 2022 and 2032, surpassing a valuation of over US$ 42.6 Billion by 2032. Smart meters are modern electronic devices …
Tag Archives: Smart Meter Market Analysis
Smart Meter Market Size, Key Players, Types, Applications, Countries and Forecast to 2032
On a global scale, many countries are facing challenges to meet the growing demand for energy. Thus utilities are looking for innovative and efficient ways to manage the generation, transmission, and worldwide distribution of energy. The global smart meter market consists of digital electronic devices for measuring and two-way information sharing to manage and control …