AUG 16, 2024
IoT Business News
Global smart meters to double to 3.4B by 2033, generating USD 40B in annual revenue
The world’s leading IoT analyst firm, Transforma Insights, estimates that global smart meters will grow from 1.7 billion in 2023 to 3.4 billion in 2033, by which time smart metering will generate revenue of USD40 billion annually. Smart electricity metering will continue to dominate but with smart water metering increasingly important.