Smart electricity meters to reach 603 mln in 2016

Thursday 20 October 2011 | 11:00 CET | News
The worldwide installed base of smart electricity meters will grow at a compound annual growth rate of 26.6 percent between 2010 and 2016 to reach 602.7 million at the end of the period, according to a research from the analyst firm Berg Insight. During the next five years, penetration rates for smart metering technology are projected to increase from around 15–25 percent today to around 50 percent in Europe and North America and over 75 percent in Asia-Pacific. By 2020, penetration rates are expected to approach 100 percent in most developed countries with massive roll outs also taking place

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Categories: Mobile & Wireless
Countries: World
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