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Wireless

China, India, Japan, South Korea to install 1 bln smart electricity meters by 2025

Thursday 27 June 2019 | 07:41 CET | News
The installed base of smart electricity meters in China, India, Japan and South Korea will grow at a compound annual growth rate of 7.9 percent from 613.4 million in 2018 to 965.9 million in 2024, according to a report from Berg Insight. In the next six years, smart meter penetration among electricity customers in the region is expected to grow from 67 percent in 2018 to 94 percent by end-2024. At this pace, these markets are forecast to surpass 1 billion installed smart electricity meters and reach a penetration close to 100 percent in 2025.

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Categories: Mobile & Wireless
Countries: China / India / Japan / Korea, Republic of
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