Report cover image

Smart Electricity Metering Industry, Global, 2024–2032

Publisher Frost & Sullivan
Published Oct 13, 2025
SKU # MC20476926

Description

This global smart electricity meter industry research provides insights into the latest market developments, including forecasts for unit shipments and associated revenues across all major regions. The industry has largely overcome the supply chain disruptions of 2021 to 2023 and is now set for a consistent growth trajectory for the entire forecast period. China is the largest country market, with approximately 70 million installed per year. India will become the second-largest market, thanks to the mass rollout across over 250 million households. In Europe and North America, the penetration rate of smart metering is relatively high, but many of these markets will start to replace meters with second-generation technologies.

Smart meters provide real-time information for home energy management and analytics, electric vehicle (EV) integration, local consumption management, detailed monitoring of the low-voltage grid, voltage and power information, optimized power management, and predictive asset maintenance. These solutions will be crucial for justifying the big data and artificial intelligence (AI) investments being made by utilities and for generating timely and actionable insights.

Table of Contents

    • Key Findings
    • Scope of Analysis
    • Regional Segmentation-Total Smart Electricity Market
    • Why is it Increasingly Difficult to Grow?
    • The Strategic Imperative 8TM
    • The Impact of Strategic Imperative 8TM on the Global Smart Electricity Meter Industry
    • Second-Generation Smart Metering: Global Rollout Roadmap
    • Key Trends in Utility Use Cases
    • Trends in Managed Services/Ami-as-a-Service: Business Value Transformation
    • Trends in Managed Services/AMI-as-a-Service: Key Implications of as-a-Service Business Models
    • Smart Meters as Grid Intelligent Devices
    • Evolving Smart Metering Business Models
    • Smart Metering Analytics for Edge Intelligence
    • Potential Technologies of the Future-LPWAN
    • Potential Technologies of the Future-Advanced Cellular
    • Key Competitors
    • Growth Metrics
    • Growth Drivers
    • Growth Restraints
    • Forecast Considerations
    • Smart Meter Installed Level of Penetration by Country
    • Revenue and Unit Shipment Forecast
    • Revenue Forecast by Region
    • Unit Shipment Forecast by Region
    • Unit Shipment Forecast by Communications Technology
    • Revenue and Unit Shipment Forecast Analysis by Region
    • Unit Shipment Forecast by Country-Top 25 Countries
    • Hotspots: Top 25 Global Country Markets
    • Unit Shipments Market Share
    • Key Global Participants
    • Growth Opportunity 1: Service-Based Models
    • Growth Opportunity 2: Increased Grid Intelligence
    • Growth Opportunity 3: Game-Changers and Go-to-Market
    • Benefits and Impacts of Growth Opportunities
    • Next Steps

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us