Global Advanced Metering Infrastructure Market Size study & Forecast, by Device Type, Service Type and Regional Forecasts 2025-2035

Global Advanced Metering Infrastructure Market is valued approximately at USD 30.04 billion in 2024 and is anticipated to grow with a compound annual growth rate of more than 8.50% over the forecast period 2025-2035. Advanced Metering Infrastructure (AMI) refers to a network of integrated systems that enable two-way communication between utilities and customers through smart meters. These systems go beyond just data collection; they empower utilities to remotely monitor, manage, and optimize energy consumption, detect outages in real-time, and respond promptly to demand fluctuations. As the global energy sector undergoes rapid digitalization to accommodate renewable energy integration and consumer-centric grids, the demand for AMI is witnessing a sharp uptick. Rising concerns about grid stability, energy efficiency mandates, and sustainability targets are pushing governments and utilities alike to deploy intelligent metering infrastructure that supports data-driven decisions and proactive energy management.

The growing inclination toward energy conservation, coupled with regulatory initiatives mandating the replacement of conventional meters with smart meters, is significantly fueling AMI adoption. Governments across developed and emerging economies are rolling out large-scale smart grid programs to reduce transmission losses, enhance billing accuracy, and drive operational excellence. Moreover, utilities are increasingly turning to AMI to enable dynamic pricing, monitor tampering, and forecast demand more accurately. The convergence of IoT, AI, and edge computing with AMI technologies is also unlocking new avenues for predictive analytics and consumer engagement. However, high initial capital expenditure, integration complexities with legacy infrastructure, and cybersecurity vulnerabilities remain formidable barriers to market growth over the coming decade.

From a geographical standpoint, North America dominated the global AMI market in 2024, owing to widespread smart meter penetration, favorable government frameworks, and the presence of leading AMI vendors in the region. The U.S. continues to lead in investments related to smart grid modernization, with multiple utility companies deploying end-to-end metering solutions. Europe is also emerging as a robust AMI adopter due to the EU's Clean Energy Package and digital utility transformation goals, particularly in countries like Germany, the UK, and France. Meanwhile, the Asia Pacific region is projected to be the fastest-growing market over the forecast period. Rapid urbanization, growing power demand, government-led digitization of utilities, and the increasing rollout of smart cities in India, China, South Korea, and Australia are collectively spurring AMI deployments in the region.

Major market player included in this report are:

• Siemens AG
• Schneider Electric SE
• Itron Inc.
• General Electric Company
• Honeywell International Inc.
• Cisco Systems, Inc.
• IBM Corporation
• Sensus (Xylem Inc.)
• Landis+Gyr Group AG
• Trilliant Holdings Inc.
• Oracle Corporation
• Aclara Technologies LLC
• Kamstrup A/S
• Elster Group SE
• ABB Ltd.

Global Advanced Metering Infrastructure Market Report Scope:

• Historical Data - 2023, 2024
• Base Year for Estimation - 2024
• Forecast period - 2025-2035
• Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
• Customization Scope - Free report customization (equivalent up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:

By Device Type:

• Smart Electric Meters
• Smart Water Meters
• Smart Gas Meters
• Advanced Communication Modules
• Others

By Service Type:

• System Integration
• Meter Deployment
• AMI Management
• AMI Consulting
• Others

By Region:

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

Key Takeaways:

• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.