Global Advanced Metering Infrastructure Market Size Grows at a CAGR of 13.3%

Introduction

Straits Research published report, “Advanced Metering Infrastructure Market Size & Outlook, 2026–2034”. According to the study, the market size valued at USD 20.12 billion in 2025 and is projected to expand to USD 59.23 billion by 2034, registering a compound annual growth rate (CAGR) of 13.3%.

Market Dynamics

The Advanced Metering Infrastructure Market is supported by the increasing adoption of smart grids, growing demand for energy efficiency, and utilities' need for real-time consumption monitoring across residential, commercial, and industrial segments. Growing initiatives for grid modernization, combined with large-scale smart meter rollouts and demand-response programs, are driving market demand across electricity, water, and gas utilities.

Policies regarding the conservation of energy, integration of renewables, and digital utility infrastructure will drive growth across Europe, North America, and Asia Pacific. New opportunities for AMI solution providers, as well as utility operators, are emerging within the areas of investment in integrated communication technologies, advanced analytics, and multi-utility platforms.

Market Highlights

• Segmental Leadership: Smart Meters hold the largest share (49.6%+) in the Advanced Metering Infrastructure market, while Digital Gas Meters is expected to grow at the highest CAGR of 15.2% during the forecast period.
• Communication Technology Outlook: The RF Mesh segment accounted for the largest market share by communication technology, with 46.5% revenue share in 2025.
• End Use Insights: Residential Consumers segment is expected to grow at a CAGR of 13.5% during the forecast period.
• Regional Insights: North America dominates with a revenue share of 38.4% in 2025, driven by large-scale smart meter deployments, grid modernization initiatives, and regulatory support.

Competitive Players

1. Itron, Inc.
2. Landis+Gyr Group AG
3. Siemens AG
4. Schneider Electric SE
5. Honeywell International Inc.
6. General Electric Company (GE)
7. Sensus (Xylem Inc.)
8. Kamstrup A/S
9. Toshiba Corporation
10. Elster Group (Honeywell)
11. ABB Ltd.
12. ZIV Group
13. Trilliant Holdings, Inc.
14. Oracle Utilities (Oracle Corporation)
15. Aclara Technologies LLC
16. Eaton Corporation
17. EDMI Limited
18. Wasion Group Holdings Ltd.
19. Sagemcom Energy & Telecom
20. Silver Spring Networks
21. Others

Recent Developments

• July 2022 - The Itron Engage Sales Channel Partner Program launch for utilities and municipalities in Asia-Pacific was announced by Itron, Inc. (NASDAQ: ITRI). Itron Engage's global expansion gives dependable, highly qualified partners the resources, training, and support they need to use Itron's solutions to help their clients and enhance energy and water management.
• July 2022 - Itron, Inc. and its channel partner United Systems & Software (USS) announced that they are working with Sevier County Utility District (SCUD) to deploy Itron's AMI Essentials for Gas, which includes 15,000 Itron Cellular 500G Gas Modules and Demetra, Itron's most recent meter data management and collection system. The utility will be able to speed meter reading, improve operations throughout the SCUD gas district in Tennessee, and gain greater visibility into their gas distribution system due to the solution. Throughout the following two years, USS will help SCUD distribute the gas modules all over its region.
• June 2022 - Energy Queensland agreed to deploy Demetra, Itron's cloud-based mobile meter data collecting and management solution, according to a contract signed by Itron, Inc. Energy Queensland is a government-owned corporation of two electric utilities providing electricity to 2.3 million clients in metropolitan and remote rural areas. The Demetra solution from Itron offers an easy way to get meter reads.

Segmentation

1. By Type
   1. Smart Metering Devices
      1. Electricity
      2. Water
      3. Gas
   2. Solution
      1. Meter Communication Infrastructure
      2. Meter Data Analytics
      3. Meter Data Management
      4. Advanced Metering Infrastructure Security
   3. Software
      1. Meter Data Management
      2. Meter Data Analytics
      3. Others
   4. Services
      1. Professional - Program Management
      2. Deployment and Consulting and Managed
      3. System Integration
2. By End-User
   1. Residential
   2. Commercial
   3. Industrial