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Smart Meter Market Size, Share & Trends Analysis Report By Component (Hardware, Software), By Type (Smart Electric Meter, Smart Water Meter, Smart Gas Meter), By Technology, By End-use, By Region, And Segment Forecasts, 2025 - 2030

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  • 150 Pages
  • June 2025
  • Region: Global
  • Grand View Research
  • ID: 6111487
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Smart Meter Market Size & Trends

The global smart meter market size was estimated at USD 27.70 billion in 2024 and is projected to reach USD 49.60 billion by 2030, growing at a CAGR of 9.9% from 2025 to 2030. The industry is primarily driven by the increasing adoption of renewable energy sources and the global push for energy efficiency and decarbonization.

Utilities are deploying smart meters to enable better integration of solar, wind, and other renewables into the grid, while also reducing non-technical losses and improving overall grid resilience. This transition supports government mandates and sustainability goals worldwide and innovation in smart metering technologies, further fueling the smart meter industry expansion.

Advanced metering infrastructure (AMI) systems are a gaining trend in the smart meter industry, offering two-way communication between utilities and consumers. AMI enables real-time data collection, dynamic load management, and enhanced analytics, empowering utilities to optimize grid operations and consumers to manage their energy use more effectively. The expansion of AMI is closely linked with IoT and AI integration, which enhances data processing, predictive maintenance, and demand response capabilities.

Additionally, cybersecurity and data privacy have emerged as critical drivers in the smart meter industry, prompting the implementation of robust security measures to protect sensitive consumer data and grid infrastructure. As smart meters become more interconnected through IoT platforms, utilities and manufacturers are investing in secure communication protocols and advanced software solutions to mitigate cyber risks, ensuring trust and regulatory compliance, thereby driving the market growth.

Furthermore, consumer-centric software platforms and analytics tools are transforming the smart meter industry by enabling real-time monitoring, detailed consumption insights, and personalized energy management. These software advancements facilitate better customer engagement, support demand response programs, and help utilities optimize grid performance. Integration with cloud computing and AI further enhances the value of smart metering systems by providing actionable intelligence for both consumers and utilities.

Moreover, key companies are adopting innovative strategies focused on integrating advanced technologies such as IoT, artificial intelligence, and edge computing to enhance data accuracy, grid-edge capabilities, and real-time analytics. They are expanding their advanced metering infrastructure (AMI) offerings to improve predictive maintenance, support electric vehicle integration, and enable comprehensive energy monitoring and optimization. Such strategies by key companies are expected to drive the market growth in the coming years.

Global Smart Meter Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest technological trends in each of the sub-segments from 2018 to 2030. For this study, the analyst has segmented the global smart meter market report based on component, technology, type, end-use, and region:

Smart Meter Component (Revenue, USD Billion, 2018 - 2030)

  • Hardware
  • Software

Smart Meter Type (Revenue, USD Billion, 2018 - 2030)

  • Smart Electric Meter
  • Smart Water Meter
  • Smart Gas Meter

Smart Meter Technology Outlook (Revenue, USD Billion, 2018 - 2030)

  • Automatic Meter Reading (AMR)
  • Advanced Meter Infrastructure (AMI)

Smart Meter End-use Outlook (Revenue, USD Billion, 2018 - 2030)

  • Residential
  • Commercial
  • Industrial

Smart Meter Market Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Latin America
  • Brazil
  • Middle East & Africa
  • Saudi Arabia
  • South Africa
  • UAE

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players worldwide.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets

This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.2.1. Information analysis
1.2.2. Market formulation & data visualization
1.2.3. Data validation & publishing
1.3. Research Scope and Assumptions
1.3.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Smart Meter Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.2. Market Dynamics
3.2.1. Market Driver Analysis
3.2.2. Market Restraint Analysis
3.2.3. Deployment Challenge
3.3. Smart Meter Market Analysis Tools
3.3.1. Deployment Analysis - Porter’s
3.3.1.1. Bargaining power of the suppliers
3.3.1.2. Bargaining power of the buyers
3.3.1.3. Threats of substitution
3.3.1.4. Threats from new entrants
3.3.1.5. Competitive rivalry
3.3.2. PESTEL Analysis
3.3.2.1. Political landscape
3.3.2.2. Economic landscape
3.3.2.3. Social landscape
3.3.2.4. Technological landscape
3.3.2.5. Environmental landscape
3.3.2.6. Legal landscape
Chapter 4. Smart Meter Market: Component Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Smart Meter Market: Component Movement Analysis, 2024 & 2030 (USD Billion)
4.3. Hardware
4.3.1. Hardware Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.4. Software
4.4.1. Software Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Smart Meter Market: Type Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. Smart Meter Market: Type Movement Analysis, 2024 & 2030 (USD Billion)
5.3. Smart Electric Meter
5.3.1. Smart Electric Meter Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
5.4. Smart Gas Meter
5.4.1. Smart Gas Meter Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
5.5. Smart Water Meter
5.5.1. Smart Water Meter Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Smart Meter Market: Technology Estimates & Trend Analysis
6.1. Segment Dashboard
6.2. Smart Meter Market: Technology Movement Analysis, 2024 & 2030 (USD Billion)
6.3. Automatic Meter Reading (AMR)
6.3.1. Automatic Meter Reading (AMR) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.4. Advanced Meter Infrastructure (AMI)
6.4.1. Advanced Meter Infrastructure (AMI) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 7. Smart Meter Market: End Use Estimates & Trend Analysis
7.1. Segment Dashboard
7.2. Smart Meter Market: End Use Movement Analysis, 2024 & 2030 (USD Billion)
7.3. Residential
7.3.1. Residential Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.4. Commercial
7.4.1. Commercial Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.5. Industrial
7.5.1. Industrial Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 8. Regional Estimates & Trend Analysis
8.1. Smart Meter Market by Region, 2024 & 2030
8.2. North America
8.2.1. North America Smart Meter Market Estimates & Forecasts, 2018 - 2030, (USD Billion)
8.2.2. U.S.
8.2.2.1. Smart Meter Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
8.2.3. Canada
8.2.3.1. Canada Smart Meter Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
8.2.4. Mexico
8.2.4.1. Mexico Smart Meter Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
8.3. Europe
8.3.1. Europe Smart Meter Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
8.3.2. U.K.
8.3.2.1. U.K. Smart Meter Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
8.3.3. Germany
8.3.3.1. Germany Smart Meter Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
8.3.4. France
8.3.4.1. France Smart Meter Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
8.4. Asia Pacific
8.4.1. Asia Pacific Smart Meter Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
8.4.2. China
8.4.2.1. China Smart Meter Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
8.4.3. Japan
8.4.3.1. Japan Smart Meter Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
8.4.4. India
8.4.4.1. India Smart Meter Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
8.4.5. South Korea
8.4.5.1. South Korea Smart Meter Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
8.4.6. Australia
8.4.6.1. Australia Smart Meter Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
8.5. Latin America
8.5.1. Latin America Smart Meter Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
8.5.2. Brazil
8.5.2.1. Brazil Smart Meter Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
8.6. Middle East and Africa
8.6.1. Middle East and Africa Smart Meter Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
8.6.2. Saudi Arabia
8.6.2.1. Saudi Arabia Smart Meter Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
8.6.3. South Africa
8.6.3.1. South Africa Smart Meter Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
8.6.4. UAE
8.6.4.1. UAE Smart Meter Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 9. Competitive Landscape
9.1. Company Categorization
9.2. Company Market Positioning
9.3. Company Heat Map Analysis
9.4. Company Profiles/Listing
9.4.1. Siemens AG
9.4.1.1. Participant’s Overview
9.4.1.2. Financial Performance
9.4.1.3. Product Benchmarking
9.4.1.4. Strategic Initiatives
9.4.2. Honeywell International Inc.
9.4.2.1. Participant’s Overview
9.4.2.2. Financial Performance
9.4.2.3. Product Benchmarking
9.4.2.4. Strategic Initiatives
9.4.3. ABB Group
9.4.3.1. Participant’s Overview
9.4.3.2. Financial Performance
9.4.3.3. Product Benchmarking
9.4.3.4. Strategic Initiatives
9.4.4. Larsen & Toubro
9.4.4.1. Participant’s Overview
9.4.4.2. Financial Performance
9.4.4.3. Product Benchmarking
9.4.4.4. Strategic Initiatives
9.4.5. Sensus Technologies Private Limited
9.4.5.1. Participant’s Overview
9.4.5.2. Financial Performance
9.4.5.3. Product Benchmarking
9.4.5.4. Strategic Initiatives
9.4.6. Sagemcom SAS
9.4.6.1. Participant’s Overview
9.4.6.2. Financial Performance
9.4.6.3. Product Benchmarking
9.4.6.4. Strategic Initiatives
9.4.7. Shenzhen Kaifa Technology Co. Ltd.
9.4.7.1. Participant’s Overview
9.4.7.2. Financial Performance
9.4.7.3. Product Benchmarking
9.4.7.4. Strategic Initiatives
9.4.8. Itron Inc.
9.4.8.1. Participant’s Overview
9.4.8.2. Financial Performance
9.4.8.3. Product Benchmarking
9.4.8.4. Strategic Initiatives
9.4.9. Landis+Gyr Limited
9.4.9.1. Participant’s Overview
9.4.9.2. Financial Performance
9.4.9.3. Product Benchmarking
9.4.9.4. Strategic Initiatives
9.4.10. Wasion Holdings Limited
9.4.10.1. Participant’s Overview
9.4.10.2. Financial Performance
9.4.10.3. Product Benchmarking
9.4.10.4. Strategic Initiatives
List of Tables
Table 1 Smart Meter Market Size Estimates & Forecasts 2018 - 2030 (USD Billion)
Table 2 Smart Meter Market, By Component 2018 - 2030 (USD Billion)
Table 3 Smart Meter Market, By Type 2018 - 2030 (USD Billion)
Table 4 Smart Meter Market, By Technology 2018 - 2030 (USD Billion)
Table 5 Smart Meter Market, By End Use 2018 - 2030 (USD Billion)
Table 6 Hardware Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Table 7 Software Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Table 8 Smart Electric Meter Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Table 9 Smart Water Meter Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Table 10 Smart Gas Meter Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Table 11 Automatic Meter Reading (AMR) Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Table 12 Advanced Meter Infrastructure (AMI) Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Table 13 Residential Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Table 14 Commercial Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Table 15 Industrial Market Estimates & Forecast, 2018 - 2030 (USD Billion)
Table 16 North America Smart Meter Market, By Component 2018 - 2030 (USD Billion)
Table 17 North America Smart Meter Market, By Type 2018 - 2030 (USD Billion)
Table 18 North America Smart Meter Market, By Technology 2018 - 2030 (USD Billion)
Table 19 North America Smart Meter Market, By End Use 2018 - 2030 (USD Billion)
Table 20 U.S. Smart Meter Market, By Component 2018 - 2030 (USD Billion)
Table 21 U.S. Smart Meter Market, By Type 2018 - 2030 (USD Billion)
Table 22 U.S. Smart Meter Market, By Technology 2018 - 2030 (USD Billion)
Table 23 U.S. Smart Meter Market, By End Use 2018 - 2030 (USD Billion)
Table 24 Canada Smart Meter Market, By Component 2018 - 2030 (USD Billion)
Table 25 Canada Smart Meter Market, By Type 2018 - 2030 (USD Billion)
Table 26 Canada Smart Meter Market, By Technology 2018 - 2030 (USD Billion)
Table 27 Canada Smart Meter Market, By End Use 2018 - 2030 (USD Billion)
Table 28 Mexico Smart Meter Market, By Component 2018 - 2030 (USD Billion)
Table 29 Mexico Smart Meter Market, By Type 2018 - 2030 (USD Billion)
Table 30 Mexico Smart Meter Market, By Technology 2018 - 2030 (USD Billion)
Table 31 Mexico Smart Meter Market, By End Use 2018 - 2030 (USD Billion)
Table 32 Europe Smart Meter Market, By Component 2018 - 2030 (USD Billion)
Table 33 Europe Smart Meter Market, By Type 2018 - 2030 (USD Billion)
Table 34 Europe Smart Meter Market, By Technology 2018 - 2030 (USD Billion)
Table 35 Europe Smart Meter Market, By End Use 2018 - 2030 (USD Billion)
Table 36 UK Smart Meter Market, By Component 2018 - 2030 (USD Billion)
Table 37 UK Smart Meter Market, By Type 2018 - 2030 (USD Billion)
Table 38 UK Smart Meter Market, By Technology 2018 - 2030 (USD Billion)
Table 39 UK Smart Meter Market, By End Use 2018 - 2030 (USD Billion)
Table 40 Germany Smart Meter Market, By Component 2018 - 2030 (USD Billion)
Table 41 Germany Smart Meter Market, By Type 2018 - 2030 (USD Billion)
Table 42 Germany Smart Meter Market, By Technology 2018 - 2030 (USD Billion)
Table 43 Germany Smart Meter Market, By End Use 2018 - 2030 (USD Billion)
Table 44 France Smart Meter Market, By Component 2018 - 2030 (USD Billion)
Table 45 France Smart Meter Market, By Type 2018 - 2030 (USD Billion)
Table 46 France Smart Meter Market, By Technology 2018 - 2030 (USD Billion)
Table 47 France Smart Meter Market, By End Use 2018 - 2030 (USD Billion)
Table 48 Asia Pacific Smart Meter Market, By Component 2018 - 2030 (USD Billion)
Table 49 Asia Pacific Smart Meter Market, By Type 2018 - 2030 (USD Billion)
Table 50 Asia Pacific Smart Meter Market, By Technology 2018 - 2030 (USD Billion)
Table 51 Asia Pacific Smart Meter Market, By End Use 2018 - 2030 (USD Billion)
Table 52 China Smart Meter Market, By Component 2018 - 2030 (USD Billion)
Table 53 China Smart Meter Market, By Type 2018 - 2030 (USD Billion)
Table 54 China Smart Meter Market, By Technology 2018 - 2030 (USD Billion)
Table 55 China Smart Meter Market, By End Use 2018 - 2030 (USD Billion)
Table 56 Japan Smart Meter Market, By Component 2018 - 2030 (USD Billion)
Table 57 Japan Smart Meter Market, By Type 2018 - 2030 (USD Billion)
Table 58 Japan Smart Meter Market, By Technology 2018 - 2030 (USD Billion)
Table 59 Japan Smart Meter Market, By End Use 2018 - 2030 (USD Billion)
Table 60 India Smart Meter Market, By Component 2018 - 2030 (USD Billion)
Table 61 India Smart Meter Market, By Type 2018 - 2030 (USD Billion)
Table 62 India Smart Meter Market, By Technology 2018 - 2030 (USD Billion)
Table 63 India Smart Meter Market, By End Use 2018 - 2030 (USD Billion)
Table 64 South Korea Smart Meter Market, By Component 2018 - 2030 (USD Billion)
Table 65 South Korea Smart Meter Market, By Type 2018 - 2030 (USD Billion)
Table 66 South Korea Smart Meter Market, By Technology 2018 - 2030 (USD Billion)
Table 67 South Korea Smart Meter Market, By End Use 2018 - 2030 (USD Billion)
Table 68 Australia Smart Meter Market, By Component 2018 - 2030 (USD Billion)
Table 69 Australia Smart Meter Market, By Type 2018 - 2030 (USD Billion)
Table 70 Australia Smart Meter Market, By Technology 2018 - 2030 (USD Billion)
Table 71 Australia Smart Meter Market, By End Use 2018 - 2030 (USD Billion)
Table 72 Latin America Smart Meter Market, By Component 2018 - 2030 (USD Billion)
Table 73 Latin America Smart Meter Market, By Type 2018 - 2030 (USD Billion)
Table 74 Latin America Smart Meter Market, By Technology 2018 - 2030 (USD Billion)
Table 75 Latin America Smart Meter Market, By End Use 2018 - 2030 (USD Billion)
Table 76 Brazil Smart Meter Market, By Component 2018 - 2030 (USD Billion)
Table 77 Brazil Smart Meter Market, By Type 2018 - 2030 (USD Billion)
Table 78 Brazil Smart Meter Market, By Technology 2018 - 2030 (USD Billion)
Table 79 Brazil Smart Meter Market, By End Use 2018 - 2030 (USD Billion)
Table 80 Middle East & Africa Smart Meter Market, By Component 2018 - 2030 (USD Billion)
Table 81 Middle East & Africa Smart Meter Market, By Type 2018 - 2030 (USD Billion)
Table 82 Middle East & Africa Smart Meter Market, By Technology 2018 - 2030 (USD Billion)
Table 83 Middle East & Africa Smart Meter Market, By End Use 2018 - 2030 (USD Billion)
Table 84 Saudi Arabia Smart Meter Market, By Component 2018 - 2030 (USD Billion)
Table 85 Saudi Arabia Smart Meter Market, By Type 2018 - 2030 (USD Billion)
Table 86 Saudi Arabia Smart Meter Market, By Technology 2018 - 2030 (USD Billion)
Table 87 Saudi Arabia Smart Meter Market, By End Use 2018 - 2030 (USD Billion)
Table 88 UAE Smart Meter Market, By Component 2018 - 2030 (USD Billion)
Table 89 UAE Smart Meter Market, By Type 2018 - 2030 (USD Billion)
Table 90 UAE Smart Meter Market, By Technology 2018 - 2030 (USD Billion)
Table 91 UAE Smart Meter Market, By End Use 2018 - 2030 (USD Billion)
Table 92 South Africa Smart Meter Market, By Component 2018 - 2030 (USD Billion)
Table 93 South Africa Smart Meter Market, By Type 2018 - 2030 (USD Billion)
Table 94 South Africa Smart Meter Market, By Technology 2018 - 2030 (USD Billion)
Table 95 South Africa Smart Meter Market, By End Use, 2018 - 2030 (USD Billion)
List of Figures
Fig. 1 Smart meter market segmentation
Fig. 2 Information procurement
Fig. 3 Data analysis models
Fig. 4 Market formulation and validation
Fig. 5 Data validating & publishing
Fig. 6 Smart meter market snapshot
Fig. 7 Smart meter market segment snapshot
Fig. 8 Smart meter market competitive landscape snapshot
Fig. 9 Market research process
Fig. 10 Market driver relevance analysis (current & future impact)
Fig. 11 Market restraint relevance analysis (current & future impact)
Fig. 12 Smart meter market, by component, key takeaways
Fig. 13 Smart meter market, by component, market share, 2024 & 2030
Fig. 14 Hardware market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 15 Software market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 16 Smart meter market, by type, key takeaways
Fig. 17 Smart meter market, by type, market share, 2024 & 2030
Fig. 18 Smart electric meter market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 19 Smart water meter market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 20 Smart gas meter market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 21 Smart meter market, by technology, key takeaways
Fig. 22 Smart meter market, by technology, market share, 2024 & 2030
Fig. 23 Automatic Meter Reading (AMR) market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 24 Advanced Meter Infrastructure (AMI) market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 25 Smart meter market, by end use, key takeaways
Fig. 26 Smart meter market, by end use, market share, 2024 & 2030
Fig. 27 Residential market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 28 Commercial market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 29 Industrial market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 30 Regional marketplace: key takeaways
Fig. 31 North America smart meter market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 32 U.S. smart meter market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 33 Canada smart meter market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 34 Mexico smart meter market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 35 Europe smart meter market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 36 U.K. smart meter market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 37 Germany smart meter market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 38 France smart meter market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 39 Asia Pacific smart meter market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 40 Japan smart meter market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 41 China smart meter market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 42 South Korea smart meter market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 43 India smart meter market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 44 Australia smart meter market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 45 Latin America smart meter market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 46 Brazil smart meter market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 47 MEA smart meter market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 48 Saudi Arabia smart meter market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 49 South Africa smart meter market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 50 UAE smart meter market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 51 Key company categorization
Fig. 52 Strategy framework

Companies Mentioned

  • Siemens AG
  • Honeywell International Inc.
  • ABB Group
  • Larsen & Toubro
  • Sensus Technologies Private Limited
  • Sagemcom SAS
  • Shenzhen Kaifa Technology Co. Ltd.
  • Itron Inc.
  • Landis+Gyr Limited
  • Wasion Holdings Limited

Table Information

Report AttributeDetails
No. of Pages150
PublishedJune 2025
Forecast Period2024 - 2030
Estimated Market Value ( USD ) in 2024 $ 27.7 Billion
Forecasted Market Value ( USD ) by 2030 $ 49.6 Billion
Compound Annual Growth Rate9.9%
Regions CoveredGlobal
No. of Companies Mentioned10

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