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The Global Smart Meter Market is expected to grow by $ 11.19 bn during 2021-2025 progressing at a CAGR of 7.76% during the forecast period

·3-min read

Global Smart Meter Market 2021-2025 The analyst has been monitoring the smart meter market and it is poised to grow by $ 11. 19 bn during 2021-2025 progressing at a CAGR of 7. 76% during the forecast period.

New York, Dec. 20, 2021 (GLOBE NEWSWIRE) -- announces the release of the report "Global Smart Meter Market 2021-2025" -
Our report on the smart meter market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by growing investment in smart grid projects and stringent government policies towards curbing the wastage of water and electricity. In addition, growing investment in smart grid projects is anticipated to boost the growth of the market as well.
The smart meter market analysis includes the end-user segment and geographic landscape.

The smart meter market is segmented as below:
By End-user
• residential
• commercial
• industrial

By Geographical Landscape
• Europe
• North America
• South America

This study identifies the growing applications of smart meters in residential and commercial sectorsas one of the prime reasons driving the smart meter market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on smart meter market covers the following areas:
• Smart meter market sizing
• Smart meter market forecast
• Smart meter market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart meter market vendors that include Aichi Tokei Denki Co. Ltd., Badger Meter Inc., Honeywell International Inc., Itron Inc., Kamstrup AS, Landis+Gyr AG, Schneider Electric SE, Siemens AG, Wasion Holdings Ltd., and Xylem Inc. Also, the smart meter market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report:

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