Global Smart Meter Market Analysis, 2025
Overview: The global smart meter market is undergoing rapid transformation, driven by utility digitization, regulatory mandates, and the transition toward smarter, more resilient energy infrastructure. Encompassing electricity, water, and gas metering, the market leverages both cellular technologies (NB-IoT, LTE-M, 4G Cat-1, Cat-1 bis, 5G eRedCap, and 2G) and non-cellular solutions (PLC, RF mesh, and LPWA) to support real-time monitoring, efficient billing, and grid modernization. Strong rollouts in China, Europe, North America, and India are driving momentum, with shipments expected to accelerate through 2030 as utilities replace legacy systems and scale next-generation networks. This report provides a comprehensive analysis of global smart meter market trends, shipments, and brand dynamics, with detailed segmentation by meter type (electricity, water, gas), region, and connectivity technology. It further examines ecosystem developments, vendor profiles, and the competitive landscape, offering actionable insights for utilities, policymakers, and technology providers. Covering the period 2022-2030F, the report serves as a strategic guide for evaluating market opportunities, selecting technologies, and planning regional smart meter projects.
Table of Contents:
• Executive Summary
• Introduction
• Competitive Analysis
• Recent Trends and Developments
• Market Analysis
• Technology Analysis
• Regional Analysis
• Vendor Profiles
• Appendix
Number of Pages: 41
Published Date: September 2025
Category
Industry
IoT
Service
IoT Applications
Report Type
Report
Time Period
Yearly
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Author
Hanumant Pawar
Hanumant Pawar, in Counterpoint's IoT research, focuses on the cellular IoT module market and applications like smart meters and point-of-sale devices. He holds a bachelor’s degree in mechanical engineering from Pune University.
Tina Lu
Tina has extensive consulting and analysis experience across a number of industry sectors including more than 14 years in the technology industry. Before Counterpoint, Tina spent more than 9 years in Nokia working in multiple roles and geographic regions. Tina also worked in brand and product marketing for Bestfoods-Unilever and BGH. Tina holds an MBA degree from the Thunderbird School of Global Management.