Revenues from smart meters expected to reach US$6.6 billion annually by 2023, says Navigant

With deployments in North America slowing, the smart electric meter market has shifted emphasis to projects in Europe and Asia Pacific. Business activity is increasing in western Europe, where projects in Spain, France, and the UK will account for some 93 million new meters by the end of 2020, and in Asia Pacific, where major deployments continue in both China and Japan. According to a recent report from Navigant Research, worldwide revenues from smart meters are expected to grow from US$5.1 billion annually in 2014 to US$6.6 billion in 2023.



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via Yuichun