Home Semiconductor & Electronics Smart Meters Market Size, Share & Trends Report by 2034

Smart Meters Market Size, Share & Trends Analysis Report By Utility Type (Electricity smart meters, Gas smart meters, Water smart meters, Heat / thermal energy meters), By Communication Technology (RF mesh, Power Line Carrier (PLC) / PLC-G3 / PRIME, Cellular IoT (NB-IoT, LTE-M, 4G/5G), LoRaWAN / other LPWANs, Hybrid), By Component (Meter hardware, Communications module, Head-End System (HES) / Meter Data Management System (MDMS), Customer-facing portals / mobile apps, Integration middleware), By End-User (Residential, Commercial & Industrial (C&I), Utilities/grid operations, Municipal / multi-utility) and By Region (North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2025-2033

Report Code: SRSE57550DR
Last Updated: Sep, 2025
Pages: 110
Author: Pavan Warade
Format: PDF, Excel

Market Segmentation

  1. Smart Meters Market, By Utility Type (2022-2034)
    1. Electricity smart meters
    2. Gas smart meters
    3. Water smart meters
    4. Heat / thermal energy meters
  2. Smart Meters Market, By Communication Technology (2022-2034)
    1. RF mesh
    2. Power Line Carrier (PLC) / PLC-G3 / PRIME
    3. Cellular IoT (NB-IoT, LTE-M, 4G/5G)
    4. LoRaWAN / other LPWANs
    5. Hybrid
  3. Smart Meters Market, By Component (2022-2034)
    1. Meter hardware
    2. Communications module
    3. Head-End System (HES) / Meter Data Management System (MDMS)
    4. Customer-facing portals / mobile apps
    5. Integration middleware
  4. Smart Meters Market, By End-User (2022-2034)
    1. Residential
    2. Commercial & Industrial (C&I)
    3. Utilities/grid operations
    4. Municipal / multi-utility
    1. North America
      1. North America Smart Meters Market, By Utility Type
        1. Electricity smart meters
          1. Gas smart meters
            1. Water smart meters
              1. Heat / thermal energy meters
              2. North America Smart Meters Market, By Communication Technology
                1. RF mesh
                  1. Power Line Carrier (PLC) / PLC-G3 / PRIME
                    1. Cellular IoT (NB-IoT, LTE-M, 4G/5G)
                      1. LoRaWAN / other LPWANs
                        1. Hybrid
                        2. North America Smart Meters Market, By Component
                          1. Meter hardware
                            1. Communications module
                              1. Head-End System (HES) / Meter Data Management System (MDMS)
                                1. Customer-facing portals / mobile apps
                                  1. Integration middleware
                                  2. North America Smart Meters Market, By End-User
                                    1. Residential
                                      1. Commercial & Industrial (C&I)
                                        1. Utilities/grid operations
                                          1. Municipal / multi-utility
                                          2. U.S.
                                            1. U.S. Smart Meters Market, By Utility Type
                                              1. Electricity smart meters
                                                1. Gas smart meters
                                                  1. Water smart meters
                                                    1. Heat / thermal energy meters
                                                    2. U.S. Smart Meters Market, By Communication Technology
                                                      1. RF mesh
                                                        1. Power Line Carrier (PLC) / PLC-G3 / PRIME
                                                          1. Cellular IoT (NB-IoT, LTE-M, 4G/5G)
                                                            1. LoRaWAN / other LPWANs
                                                              1. Hybrid
                                                              2. U.S. Smart Meters Market, By Component
                                                                1. Meter hardware
                                                                  1. Communications module
                                                                    1. Head-End System (HES) / Meter Data Management System (MDMS)
                                                                      1. Customer-facing portals / mobile apps
                                                                        1. Integration middleware
                                                                        2. U.S. Smart Meters Market, By End-User
                                                                          1. Residential
                                                                            1. Commercial & Industrial (C&I)
                                                                              1. Utilities/grid operations
                                                                                1. Municipal / multi-utility
                                                                              2. Canada
                                                                            2. Europe
                                                                              1. Europe Smart Meters Market, By Utility Type
                                                                                1. Electricity smart meters
                                                                                  1. Gas smart meters
                                                                                    1. Water smart meters
                                                                                      1. Heat / thermal energy meters
                                                                                      2. Europe Smart Meters Market, By Communication Technology
                                                                                        1. RF mesh
                                                                                          1. Power Line Carrier (PLC) / PLC-G3 / PRIME
                                                                                            1. Cellular IoT (NB-IoT, LTE-M, 4G/5G)
                                                                                              1. LoRaWAN / other LPWANs
                                                                                                1. Hybrid
                                                                                                2. Europe Smart Meters Market, By Component
                                                                                                  1. Meter hardware
                                                                                                    1. Communications module
                                                                                                      1. Head-End System (HES) / Meter Data Management System (MDMS)
                                                                                                        1. Customer-facing portals / mobile apps
                                                                                                          1. Integration middleware
                                                                                                          2. Europe Smart Meters Market, By End-User
                                                                                                            1. Residential
                                                                                                              1. Commercial & Industrial (C&I)
                                                                                                                1. Utilities/grid operations
                                                                                                                  1. Municipal / multi-utility
                                                                                                                  2. U.K.
                                                                                                                    1. U.K. Smart Meters Market, By Utility Type
                                                                                                                      1. Electricity smart meters
                                                                                                                        1. Gas smart meters
                                                                                                                          1. Water smart meters
                                                                                                                            1. Heat / thermal energy meters
                                                                                                                            2. U.K. Smart Meters Market, By Communication Technology
                                                                                                                              1. RF mesh
                                                                                                                                1. Power Line Carrier (PLC) / PLC-G3 / PRIME
                                                                                                                                  1. Cellular IoT (NB-IoT, LTE-M, 4G/5G)
                                                                                                                                    1. LoRaWAN / other LPWANs
                                                                                                                                      1. Hybrid
                                                                                                                                      2. U.K. Smart Meters Market, By Component
                                                                                                                                        1. Meter hardware
                                                                                                                                          1. Communications module
                                                                                                                                            1. Head-End System (HES) / Meter Data Management System (MDMS)
                                                                                                                                              1. Customer-facing portals / mobile apps
                                                                                                                                                1. Integration middleware
                                                                                                                                                2. U.K. Smart Meters Market, By End-User
                                                                                                                                                  1. Residential
                                                                                                                                                    1. Commercial & Industrial (C&I)
                                                                                                                                                      1. Utilities/grid operations
                                                                                                                                                        1. Municipal / multi-utility
                                                                                                                                                      2. Germany
                                                                                                                                                      3. France
                                                                                                                                                      4. Spain
                                                                                                                                                      5. Italy
                                                                                                                                                      6. Russia
                                                                                                                                                      7. Nordic
                                                                                                                                                      8. Benelux
                                                                                                                                                      9. Rest of Europe
                                                                                                                                                    2. APAC
                                                                                                                                                      1. APAC Smart Meters Market, By Utility Type
                                                                                                                                                        1. Electricity smart meters
                                                                                                                                                          1. Gas smart meters
                                                                                                                                                            1. Water smart meters
                                                                                                                                                              1. Heat / thermal energy meters
                                                                                                                                                              2. APAC Smart Meters Market, By Communication Technology
                                                                                                                                                                1. RF mesh
                                                                                                                                                                  1. Power Line Carrier (PLC) / PLC-G3 / PRIME
                                                                                                                                                                    1. Cellular IoT (NB-IoT, LTE-M, 4G/5G)
                                                                                                                                                                      1. LoRaWAN / other LPWANs
                                                                                                                                                                        1. Hybrid
                                                                                                                                                                        2. APAC Smart Meters Market, By Component
                                                                                                                                                                          1. Meter hardware
                                                                                                                                                                            1. Communications module
                                                                                                                                                                              1. Head-End System (HES) / Meter Data Management System (MDMS)
                                                                                                                                                                                1. Customer-facing portals / mobile apps
                                                                                                                                                                                  1. Integration middleware
                                                                                                                                                                                  2. APAC Smart Meters Market, By End-User
                                                                                                                                                                                    1. Residential
                                                                                                                                                                                      1. Commercial & Industrial (C&I)
                                                                                                                                                                                        1. Utilities/grid operations
                                                                                                                                                                                          1. Municipal / multi-utility
                                                                                                                                                                                          2. China
                                                                                                                                                                                            1. China Smart Meters Market, By Utility Type
                                                                                                                                                                                              1. Electricity smart meters
                                                                                                                                                                                                1. Gas smart meters
                                                                                                                                                                                                  1. Water smart meters
                                                                                                                                                                                                    1. Heat / thermal energy meters
                                                                                                                                                                                                    2. China Smart Meters Market, By Communication Technology
                                                                                                                                                                                                      1. RF mesh
                                                                                                                                                                                                        1. Power Line Carrier (PLC) / PLC-G3 / PRIME
                                                                                                                                                                                                          1. Cellular IoT (NB-IoT, LTE-M, 4G/5G)
                                                                                                                                                                                                            1. LoRaWAN / other LPWANs
                                                                                                                                                                                                              1. Hybrid
                                                                                                                                                                                                              2. China Smart Meters Market, By Component
                                                                                                                                                                                                                1. Meter hardware
                                                                                                                                                                                                                  1. Communications module
                                                                                                                                                                                                                    1. Head-End System (HES) / Meter Data Management System (MDMS)
                                                                                                                                                                                                                      1. Customer-facing portals / mobile apps
                                                                                                                                                                                                                        1. Integration middleware
                                                                                                                                                                                                                        2. China Smart Meters Market, By End-User
                                                                                                                                                                                                                          1. Residential
                                                                                                                                                                                                                            1. Commercial & Industrial (C&I)
                                                                                                                                                                                                                              1. Utilities/grid operations
                                                                                                                                                                                                                                1. Municipal / multi-utility
                                                                                                                                                                                                                              2. Korea
                                                                                                                                                                                                                              3. Japan
                                                                                                                                                                                                                              4. India
                                                                                                                                                                                                                              5. Australia
                                                                                                                                                                                                                              6. Taiwan
                                                                                                                                                                                                                              7. South East Asia
                                                                                                                                                                                                                              8. Rest of Asia-Pacific
                                                                                                                                                                                                                            2. Middle East and Africa
                                                                                                                                                                                                                              1. Middle East and Africa Smart Meters Market, By Utility Type
                                                                                                                                                                                                                                1. Electricity smart meters
                                                                                                                                                                                                                                  1. Gas smart meters
                                                                                                                                                                                                                                    1. Water smart meters
                                                                                                                                                                                                                                      1. Heat / thermal energy meters
                                                                                                                                                                                                                                      2. Middle East and Africa Smart Meters Market, By Communication Technology
                                                                                                                                                                                                                                        1. RF mesh
                                                                                                                                                                                                                                          1. Power Line Carrier (PLC) / PLC-G3 / PRIME
                                                                                                                                                                                                                                            1. Cellular IoT (NB-IoT, LTE-M, 4G/5G)
                                                                                                                                                                                                                                              1. LoRaWAN / other LPWANs
                                                                                                                                                                                                                                                1. Hybrid
                                                                                                                                                                                                                                                2. Middle East and Africa Smart Meters Market, By Component
                                                                                                                                                                                                                                                  1. Meter hardware
                                                                                                                                                                                                                                                    1. Communications module
                                                                                                                                                                                                                                                      1. Head-End System (HES) / Meter Data Management System (MDMS)
                                                                                                                                                                                                                                                        1. Customer-facing portals / mobile apps
                                                                                                                                                                                                                                                          1. Integration middleware
                                                                                                                                                                                                                                                          2. Middle East and Africa Smart Meters Market, By End-User
                                                                                                                                                                                                                                                            1. Residential
                                                                                                                                                                                                                                                              1. Commercial & Industrial (C&I)
                                                                                                                                                                                                                                                                1. Utilities/grid operations
                                                                                                                                                                                                                                                                  1. Municipal / multi-utility
                                                                                                                                                                                                                                                                  2. UAE
                                                                                                                                                                                                                                                                    1. UAE Smart Meters Market, By Utility Type
                                                                                                                                                                                                                                                                      1. Electricity smart meters
                                                                                                                                                                                                                                                                        1. Gas smart meters
                                                                                                                                                                                                                                                                          1. Water smart meters
                                                                                                                                                                                                                                                                            1. Heat / thermal energy meters
                                                                                                                                                                                                                                                                            2. UAE Smart Meters Market, By Communication Technology
                                                                                                                                                                                                                                                                              1. RF mesh
                                                                                                                                                                                                                                                                                1. Power Line Carrier (PLC) / PLC-G3 / PRIME
                                                                                                                                                                                                                                                                                  1. Cellular IoT (NB-IoT, LTE-M, 4G/5G)
                                                                                                                                                                                                                                                                                    1. LoRaWAN / other LPWANs
                                                                                                                                                                                                                                                                                      1. Hybrid
                                                                                                                                                                                                                                                                                      2. UAE Smart Meters Market, By Component
                                                                                                                                                                                                                                                                                        1. Meter hardware
                                                                                                                                                                                                                                                                                          1. Communications module
                                                                                                                                                                                                                                                                                            1. Head-End System (HES) / Meter Data Management System (MDMS)
                                                                                                                                                                                                                                                                                              1. Customer-facing portals / mobile apps
                                                                                                                                                                                                                                                                                                1. Integration middleware
                                                                                                                                                                                                                                                                                                2. UAE Smart Meters Market, By End-User
                                                                                                                                                                                                                                                                                                  1. Residential
                                                                                                                                                                                                                                                                                                    1. Commercial & Industrial (C&I)
                                                                                                                                                                                                                                                                                                      1. Utilities/grid operations
                                                                                                                                                                                                                                                                                                        1. Municipal / multi-utility
                                                                                                                                                                                                                                                                                                      2. Turkey
                                                                                                                                                                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                                                                                                                                                                      4. South Africa
                                                                                                                                                                                                                                                                                                      5. Egypt
                                                                                                                                                                                                                                                                                                      6. Nigeria
                                                                                                                                                                                                                                                                                                      7. Rest of MEA
                                                                                                                                                                                                                                                                                                    2. LATAM
                                                                                                                                                                                                                                                                                                      1. LATAM Smart Meters Market, By Utility Type
                                                                                                                                                                                                                                                                                                        1. Electricity smart meters
                                                                                                                                                                                                                                                                                                          1. Gas smart meters
                                                                                                                                                                                                                                                                                                            1. Water smart meters
                                                                                                                                                                                                                                                                                                              1. Heat / thermal energy meters
                                                                                                                                                                                                                                                                                                              2. LATAM Smart Meters Market, By Communication Technology
                                                                                                                                                                                                                                                                                                                1. RF mesh
                                                                                                                                                                                                                                                                                                                  1. Power Line Carrier (PLC) / PLC-G3 / PRIME
                                                                                                                                                                                                                                                                                                                    1. Cellular IoT (NB-IoT, LTE-M, 4G/5G)
                                                                                                                                                                                                                                                                                                                      1. LoRaWAN / other LPWANs
                                                                                                                                                                                                                                                                                                                        1. Hybrid
                                                                                                                                                                                                                                                                                                                        2. LATAM Smart Meters Market, By Component
                                                                                                                                                                                                                                                                                                                          1. Meter hardware
                                                                                                                                                                                                                                                                                                                            1. Communications module
                                                                                                                                                                                                                                                                                                                              1. Head-End System (HES) / Meter Data Management System (MDMS)
                                                                                                                                                                                                                                                                                                                                1. Customer-facing portals / mobile apps
                                                                                                                                                                                                                                                                                                                                  1. Integration middleware
                                                                                                                                                                                                                                                                                                                                  2. LATAM Smart Meters Market, By End-User
                                                                                                                                                                                                                                                                                                                                    1. Residential
                                                                                                                                                                                                                                                                                                                                      1. Commercial & Industrial (C&I)
                                                                                                                                                                                                                                                                                                                                        1. Utilities/grid operations
                                                                                                                                                                                                                                                                                                                                          1. Municipal / multi-utility
                                                                                                                                                                                                                                                                                                                                          2. Brazil
                                                                                                                                                                                                                                                                                                                                            1. Brazil Smart Meters Market, By Utility Type
                                                                                                                                                                                                                                                                                                                                              1. Electricity smart meters
                                                                                                                                                                                                                                                                                                                                                1. Gas smart meters
                                                                                                                                                                                                                                                                                                                                                  1. Water smart meters
                                                                                                                                                                                                                                                                                                                                                    1. Heat / thermal energy meters
                                                                                                                                                                                                                                                                                                                                                    2. Brazil Smart Meters Market, By Communication Technology
                                                                                                                                                                                                                                                                                                                                                      1. RF mesh
                                                                                                                                                                                                                                                                                                                                                        1. Power Line Carrier (PLC) / PLC-G3 / PRIME
                                                                                                                                                                                                                                                                                                                                                          1. Cellular IoT (NB-IoT, LTE-M, 4G/5G)
                                                                                                                                                                                                                                                                                                                                                            1. LoRaWAN / other LPWANs
                                                                                                                                                                                                                                                                                                                                                              1. Hybrid
                                                                                                                                                                                                                                                                                                                                                              2. Brazil Smart Meters Market, By Component
                                                                                                                                                                                                                                                                                                                                                                1. Meter hardware
                                                                                                                                                                                                                                                                                                                                                                  1. Communications module
                                                                                                                                                                                                                                                                                                                                                                    1. Head-End System (HES) / Meter Data Management System (MDMS)
                                                                                                                                                                                                                                                                                                                                                                      1. Customer-facing portals / mobile apps
                                                                                                                                                                                                                                                                                                                                                                        1. Integration middleware
                                                                                                                                                                                                                                                                                                                                                                        2. Brazil Smart Meters Market, By End-User
                                                                                                                                                                                                                                                                                                                                                                          1. Residential
                                                                                                                                                                                                                                                                                                                                                                            1. Commercial & Industrial (C&I)
                                                                                                                                                                                                                                                                                                                                                                              1. Utilities/grid operations
                                                                                                                                                                                                                                                                                                                                                                                1. Municipal / multi-utility
                                                                                                                                                                                                                                                                                                                                                                              2. Mexico
                                                                                                                                                                                                                                                                                                                                                                              3. Argentina
                                                                                                                                                                                                                                                                                                                                                                              4. Chile
                                                                                                                                                                                                                                                                                                                                                                              5. Colombia
                                                                                                                                                                                                                                                                                                                                                                              6. Rest of LATAM
                                                                                                                                                                                                                                                                                                                                                                          Get This Report

                                                                                                                                                                                                                                                                                                                                                                          Download Free Sample

                                                                                                                                                                                                                                                                                                                                                                          Our Clients:

                                                                                                                                                                                                                                                                                                                                                                          LG Electronics
                                                                                                                                                                                                                                                                                                                                                                          AMCAD Engineering
                                                                                                                                                                                                                                                                                                                                                                          KOBE STEEL LTD.
                                                                                                                                                                                                                                                                                                                                                                          Hindustan National Glass & Industries Limited
                                                                                                                                                                                                                                                                                                                                                                          Voith Group
                                                                                                                                                                                                                                                                                                                                                                          International Paper
                                                                                                                                                                                                                                                                                                                                                                          Hansol Paper
                                                                                                                                                                                                                                                                                                                                                                          Whirlpool Corporation
                                                                                                                                                                                                                                                                                                                                                                          Sony
                                                                                                                                                                                                                                                                                                                                                                          Samsung Electronics
                                                                                                                                                                                                                                                                                                                                                                          Qualcomm
                                                                                                                                                                                                                                                                                                                                                                          Google
                                                                                                                                                                                                                                                                                                                                                                          Fiserv
                                                                                                                                                                                                                                                                                                                                                                          Veto-Pharma
                                                                                                                                                                                                                                                                                                                                                                          Nippon Becton Dickinson
                                                                                                                                                                                                                                                                                                                                                                          Merck
                                                                                                                                                                                                                                                                                                                                                                          Argon Medical Devices
                                                                                                                                                                                                                                                                                                                                                                          Abbott
                                                                                                                                                                                                                                                                                                                                                                          Ajinomoto
                                                                                                                                                                                                                                                                                                                                                                          Denon
                                                                                                                                                                                                                                                                                                                                                                          Doosan
                                                                                                                                                                                                                                                                                                                                                                          Meiji Seika Kaisha Ltd
                                                                                                                                                                                                                                                                                                                                                                          LG Chemicals
                                                                                                                                                                                                                                                                                                                                                                          LCY chemical group
                                                                                                                                                                                                                                                                                                                                                                          Bayer
                                                                                                                                                                                                                                                                                                                                                                          Airrane
                                                                                                                                                                                                                                                                                                                                                                          BASF
                                                                                                                                                                                                                                                                                                                                                                          Toyota Industries
                                                                                                                                                                                                                                                                                                                                                                          Nissan Motors
                                                                                                                                                                                                                                                                                                                                                                          Neenah
                                                                                                                                                                                                                                                                                                                                                                          Mitsubishi
                                                                                                                                                                                                                                                                                                                                                                          Hyundai Motor Company

                                                                                                                                                                                                                                                                                                                                                                          We are featured on:

                                                                                                                                                                                                                                                                                                                                                                          WhatsApp
                                                                                                                                                                                                                                                                                                                                                                          Chat with us on WhatsApp
                                                                                                                                                                                                                                                                                                                                                                          Address:
                                                                                                                                                                                                                                                                                                                                                                          Office 515 A, Amanora Chambers,
                                                                                                                                                                                                                                                                                                                                                                          Amanora Park Town, Hadapsar,
                                                                                                                                                                                                                                                                                                                                                                          Pune 411028, Maharashtra, India.
                                                                                                                                                                                                                                                                                                                                                                          Contact Us:
                                                                                                                                                                                                                                                                                                                                                                          +1 646 905 0080 (U.S.)
                                                                                                                                                                                                                                                                                                                                                                          +91 8087085354 (India)
                                                                                                                                                                                                                                                                                                                                                                          +44 203 695 0070 (U.K.)

                                                                                                                                                                                                                                                                                                                                                                          sales@straitsresearch.com

                                                                                                                                                                                                                                                                                                                                                                          Quick Links
                                                                                                                                                                                                                                                                                                                                                                          Help
                                                                                                                                                                                                                                                                                                                                                                          Verified. Protected. Secure.
                                                                                                                                                                                                                                                                                                                                                                          DMCA.com Protection Status
                                                                                                                                                                                                                                                                                                                                                                          Secure Payments:
                                                                                                                                                                                                                                                                                                                                                                          Follow Us:
                                                                                                                                                                                                                                                                                                                                                                          www.straitsresearch.com © Copyright . All rights Reserved.