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Energy Storage Report

Smart Meters, Update 2019

Who will lead the smart meters market over the next four years?

The global smart meters market is estimated to be worth US$7.06bn in 2023, increasing from US$5.8bn in 2018. This growth will be driven by evolving information and communications technology (ICT) standards, energy into new markets, replacement of outdated meters: both advanced metering infrastructure (AMI) and traditional, new infrastructure development, and peak load asset management.

Energy transition in countries, grid resilience enhancement, mandates, and infrastructure upgrades are the primary factors driving the deployment of smart meters.

Despite the decline in installations, China will continue to be the largest market, with installation likely to reach an aggregate of 144 million over the forecast period.

  • Why should you buy this report?
  • Analyze historical and forecast data on the smart meters market.
  • Strengthen your business strategies based on trends and developments in the market.
  • Identify and understand key partners and business-development streams. On the basis of activities of your major competitors in the market.
  • Respond and react to your competitors’ business structure, strategies and prospects.

Learn how the smart meters market will look over the next few years

GlobalData’s “Smart Meters, Update 2019 – Global Market Size, Competitive Landscape and Key Country Analysis to 2023” offers comprehensive information and understanding of the global smart meters market.

The report also offers in-depth analysis of the market at a global level and key countries (the US, the UK, Spain, Republic of Korea, Japan, India, France and China).

The reports are built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis by GlobalData’s team of industry experts.

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