Zion Market Research Global Smart Meters Market, 2016–2024 | Page 3

Smart Meters Market
supply are also escalating the growth of the global market. Additionally, rising awareness among
the consumer about energy consumption is one of the significant reasons driving the growth of
the global smart meters market. Further, efficient monitoring of energy usage is also driving the
global smart meters market growth. Adding more to the list, reducing carbon footprint is
powering the growth of the global market. Additionally, promotion of installation of smart
electricity meters is one of the significant reasons driving the growth of the global smart meters
market. Further, a rise in smart grid technologies is also driving the global smart meters market
growth.
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Global Smart Meters Market: Segmentation
On the basis of types, the global smart meters market is mainly classified as smart water
meters, smart electric meters, smart gas meters, and others.
Based on end users, the global market is bifurcated into residential, industrial, and commercial.
On the basis region, the global market for smart meters is divided into the Middle East and
Africa, Europe, Asia Pacific, and North America.
Based on the target audience, the global market is bifurcated into dealers, manufacturers, raw
material providers, suppliers, power and energy companies, research organizations, private