Global Market Size of Smart Meters Market – 10 Year Market Forecast
Energy & PowerSmart Meters Market Size Forecast 2022-2029
The market value of the global smart meters market is estimated to be USD 27.80 billion in 2022 and USD 41.28 billion by 2029 at a CAGR of 6%. The cumulative market size value of the smart meters market is USD 274 billion during the forecast period of 2022 to 2029. APAC is the largest market for smart meters and is expected to account for the majority of the market share. Cellular communication is estimated to be the most widely used communication type representing a relatively larger share of the market. The residential sector is the leading end-user segment of the smart meters market with the highest growth rate in the segment.
Smart Meters Market Size of United States
Smart Meters Market Analysis of United Kingdom
Smart Meters Market Trends of Germany
Smart Meters Market Forecast of France
Smart Meters Market Growth of Italy
Market Size of Smart Meters in Poland
Market Analysis of Smart Meters in Switzerland
Market Trends of Smart Meters in Sweden
Market Forecast of Smart Meters in Spain
Market Growth of Smart Meters Netherland
Belgium Smart Meters Market
Finland Smart Meters Market
Japan Smart Meters Market
South Korea Smart Meters Market
China Smart Meters Market
Smart Meters Market Size of Russia
Smart Meters Market Analysis of Malaysia
Smart Meters Market Trends of Singapore
Smart Meters Market Forecast of India
Smart Meters Market Growth of Brazil
Market segments - Smart Meters Market
By Communication Type
– RF
– PLC
– Cellular
By Region
– North America
– Europe
– Middle East
– APAC
– ROW
By End-User
– Residential
– Commercial
– Industrial
Frequently Asked Questions(FAQ)
-
What is Global Market Database?
- Global market database is a cloud based business intelligence tool that can be used by decision makers to study relevant markets.
-
What is the market size for smart meters in 2029?
- The market size for smart meters in 2029 is USD 41.28 billion.
-
What is the cumulative market size for smart meters?
- The cumulative market size for the smart meters market is USD 274 billion.
-
Which is the largest communication type segment in the market?
- The largest communication type segment in the market is cellular.
-
Which end-user sector is expected to drive the market over the forecast period?
- The residential sector is the end-user segment expected to drive the market over the forecast period.
Release date
Jan 1970
Region
Global
Countries Covered
The countries covered are US, UK, Germany, France, Italy, Poland, Switzerland, Sweden, Spain, Netherlands, Belgium, Finland. Japan, South Korea, China, Russia, Malaysia, Singapore, India, Brazil.
Supplementary notes
The regions covered are North America, Europe, APAC & ROW.
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