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PUBLISHER: IoT Analytics GmbH | PRODUCT CODE: 1428590

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PUBLISHER: IoT Analytics GmbH | PRODUCT CODE: 1428590

Global Smart Meter Market Tracker 2020 - 2030

DELIVERY TIME: 1-2 business days
Excel (Team User License/Up to 5 users)
USD 4000

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A structured global smart meter market database covering installed base, shipments, and shipment revenues for electricity, gas, and water.

The “Global Smart Meter Market Tracker 2020-2023 ” provides detailed information on smart meters by type, connectivity technology, and each country's penetration rate for electricity, gas, and water meters from 2020 to 2030. The report offers a valuable resource for hardware vendors, connectivity service providers, system integrators, cloud service providers, and software platform vendors seeking market insights into the smart meter industry.


The report offers valuable insights into the smart meter industry and answers important questions for executives, product managers, marketers, and consultants involved in utility digital transformation programs.

Smart meter market

The global install base of smart meters has seen significant growth, with smart electricity meters making up the majority of all smart meters. Gas and water meters also contribute to this growth, albeit at a smaller scale. By the end of this decade, the number of installed smart meters is expected to increase significantly.

By the end of 2024, it's estimated that half of all electricity metering points globally will use a smart meter. This number is expected to exceed two-thirds by the end of 2030. The growth of the smart meter market, particularly for electricity, is largely driven by regulatory policy mandates and financial incentives from regional governments.

Included data:

Slice and dice the data according to your requirements.

  • Smart meter installed base, revenue, penetration, and shipments (nested database)
  • Smart meter device types: electricity, gas, water
  • Period: 2020-2023 actuals and 2024-2030 forecast
  • Connectivity technologies: cellular, fixed RF, non-cellular LPWA, Powerline Communication (PLC)
  • Connectivity technologies sub-variants: 2G, 3G, 4G, 5G, fixed RF, LPWA-Dual Mode, LTE Cat 1, LTE Cat 1 Bis, LTE-M, NB-IoT, non-cellular LPWA, PLC
  • Regions: Asia Pacific, Europe, Latin America, Middle East & Africa, North America -> Countries see below

Questions answered:

Questions that can be addressed using this market tracker.

  • What is the current and future install base of smart meters (electricity, gas, and water) by country and region?
  • What is the penetration rate of smart meters by country, and the growth over the forecast period?
  • What is the dominant connectivity network technology for smart meters to communicate with utility's head-end systems?
  • What is the impact of cellular networks and cellular technology variants in connecting smart meters in different countries?
  • Are there any changes in connectivity network technology over the forecast period (2024-2030)?
  • What is the impact of the Low-power Wide Area Network (LPWAN) in connecting smart meters?
  • What are the annual revenue estimates of smart meters shipped and installed by utilities?
  • Where are the potential growth opportunities for smart meters in key regions?

Countries included:

  • Australia
  • Austria
  • Belgium
  • Brazil
  • Canada
  • Chile
  • China
  • Croatia
  • Czechia
  • Denmark
  • Estonia
  • Finland
  • France
  • Germany
  • Greece
  • Hungary
  • India
  • Indonesia
  • Iran
  • Ireland
  • Italy
  • Japan
  • Latvia
  • Lithuania
  • Luxembourg
  • Malta
  • Mexico
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Rest of Asia Pacific
  • Rest of Europe
  • Rest of Latin America
  • Rest of MEA
  • Romania
  • Russia
  • Saudi Arabia
  • Singapore
  • Slovakia
  • Slovenia
  • South Africa
  • South Korea
  • Spain
  • Sweden
  • Turkey
  • UAE
  • United Kingdom
  • United States of America
  • Uruguay

Table of Contents

  • Overview
  • Table of Contents
  • Methodology
  • Insights & Forecast Rationale
  • Main Data - Installed Base, Shipments, Revenues
  • Penetration Data - Smart Meter Adoption by Country
  • Flat File - Main Data
  • Flat File - Penetration Data
Have a question?

Jeroen Van Heghe

Manager - EMEA



Christine Sirois

Manager - Americas


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