Smart Meter Market to Grow at CAGR of 6.23% during 2016 – 2021 Mar 2017 | Page 3

Global Smart Meter Market( Electricity, Gas, Water) – Analysis By Meter Type, By End User, By Region, By Country: Opportunities & Forecasts( 2011-2022)

While in developing regions, they will continue to dominate the market in Smart electricity meter due to the government initiatives for lowering down the prices and increasing awareness among utilities. Global Smart Meter Market is forecasted to grow at a CAGR of 6.23 % during 2016 – 2021F, on account of rising advanced infrastructure developments, integrated systems with two way communication and energy consumption real time data and control by individuals. APAC region remains the major market among all the regions. In the forecast period, Europe region will witness strong growth driven by the countries such as U. K. and Germany.
Scope of Smart Meter Market report The report provides Segmentation by Types: Smart Electricity Meter, Smart Gas Meter, Smart Water Meter The report provides Segmentation by End User: Residential sector, Commercial sector The report provides coverage by Region: North America, Europe, Asia Pacific, ROW The report provides coverage by Country: USA, Canada, U. K., Germany, China, Japan
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