News Snapshot:
Global utilities will increase investments in smart meter analytics by three times between 2021 and 2030 as they seek to unlock the full value of advanced metering infrastructure, according to a whitepaper released by research firm Guidehouse Insights. The research firm forecasts a 13.4% compound annual growth rate to be recorded through 2030 with global market revenue reaching approximately $5.4 billion in 2030 from $1.6 billion in 2021. The US, China, and Western Europe lead the global market for smart meters, according to the study. The study states that 65% of US consumers have a smart meter, and utilities’ need...
