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Energy & Power

Market Research Reports & Consulting

Smart Electric Meter Market by Phase (Single Phase, Three Phase), by Communication Technology (RF, Cellular, PLC, Fiber Optics), by End Use Sector (Residential, Commercial, Industrial), by Region (Asia-Pacific, North America, Europe, Middle East & Africa) – Global Forecast From 2019 To 2024

The global smart electric meter market is estimated to reach USD 16.8 Billion in 2024 at a CAGR of 6.1%. Increasing adoption of smart grid growing and customer centric approach of the energy sector is expected to drive the smart electric meter market during the forecast period. However, high initial investment is expected to restrain the market during the forecast period. Internet of Things (IoT) enabled smart grid is expected to become an opportunity for global market.

December, 2019 | Price: $ 5600 $ 4500