Global smart meter revenues are predicted to reach US$14 billion by 2026 as water and gas meter shipments enjoy double-digit revenue growth over the next five years — including a growth explosion in the Asia Pacific region — according to UK-based analysis and research firm ABI Research.
The global smart meter market is estimated to reach US$10.4 billion by 2022, driven by rising emissions, domestic energy resource constraints, ageing infrastructure and the growing demand and cost of electricity.
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