This IDC Market Perspective analyzes worldwide smart customer operations in the energy sector and outlines customer care and billing; customer engagement, smart metering, digital transformation, and emobility developments; and smart city initiatives and developments in 3Q20."While the coronavirus pandemic will represent a watershed moment in how companies go about their businesses, energy suppliers must continue their efforts to improve their customers' digital experience, automate meter-to-cash processes, and reduce their cost to serve," said Gaia Gallotti, associate research director, IDC Energy Insights.
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The Advanced Metering Infrastructure Market was valued at USD 7.75 billion in 2019 and is expected to reach USD 17.0 billion by 2025, at a CAGR of 14% over the forecast period 2020 - 2025. Smart Meters represent a transformative technology for the utility industry. These technologically advanced meters provide greater insight into the usage...
175 pages •
By Prescient & Strategic Intelligence Private Limited
• Oct 2020
Smart Meters Market The global smart meters market is predicted to generate a revenue of $20.0 billion by 2030, increasing from $13.1 billion in 2019, progressing at a 4.9% CAGR during the forecast period (2020–2030), according to a study conducted . The market is growing due to the rising focus on smart grids, rising...
This IDC Market Perspective provides an overview of the utilities industry in 3Q20, covering M&As, agreements, reorganizations, and major business developments; new financing deals; major traditional infrastructure projects; major renewables infrastructure projects; water developments; major hybrid and battery energy storage projects;...
Smart Water Metering Market Research Report by Technology (AMI and AMR), by Meter Type (Electromagnetic Meter, Mechanical Meter, and Ultrasonic Meter), by Component, by Application - Global Forecast to 2025 - Cumulative Impact of COVID-19 Market Statistics: The report provides market sizing and forecast across five...
Smart Electricity Meter Market Research Report by Phase (GISM, Single Phase, GISS, Meter installed for heavy consumers, and GIST, Three Phase), by Precision (Class 0.25S, Class 0.2S, and Class 0.5S), by Communication Technology, by End User - Global Forecast to 2025 - Cumulative Impact of COVID-19 Market Statistics: The...
Smart Meter Market Research Report by Phase (Single Phase and Three Phase), by Product (Smart Electric Meter, Smart Gas Meter, and Smart Water Meter), by Type, by Application - Global Forecast to 2025 - Cumulative Impact of COVID-19 Market Statistics: The report provides market sizing and forecast across five major...
The Global Smart Meter Market size is expected to reach $38 billion by 2026, rising at a market growth of 11.1% CAGR during the forecast period. Smart meters are referred to as electronic devices that precisely track electricity, gas, and water utilization. Usage information can be sent by these smart meters via power line communication, radiofrequency...
The smart meter market witnessed a shipment of approximately 131.23 million units of smart meters globally in 2019 and is estimated to reach to 188.12 million units by 2025, registering a CAGR of 6.6% for the forecast period. Smart grids are being implemented around the world, with the aim of improving the efficiency of power networks. Smart...
The global smart meter market continued to register strong growth in 2019, as major rollouts continued to accelerate.China led the trail and various pockets of Europe went ahead with large-scale pilots and installing second-generation smart meters. China continued to account for more than half of the global market, holding 56.2% of...
This IDC Market Perspective provides an overview of utilities' asset operations in 3Q20, covering M&As, agreements, reorganizations, and major business developments; new financial deals, major traditional infrastructure projects; major renewables infrastructure projects; major hybrid and battery energy storage projects; water new developments;...
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