Smart Meter Market on Track for USD 55.5 billion by 2033
According to our latest research, the global smart meter market size in 2024 stands at USD 26.7 billion, with a robust compound annual growth rate (CAGR) of 8.4% projected from 2025 to 2033. By the end of 2033, the market is forecasted to reach USD 55.5 billion.
In particular, the integration of 5G, blockchain, and cloud-based data platforms is enabling a new generation of smart meters that are more efficient, scalable, and cybersecure. As utility companies transition from legacy systems to digital grid models, active smart meters are becoming central to future-proofing operations.
Source: https://researchintelo.com/rep....ort/smart-meter-mark
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