Smart Meter Market to Grow at CAGR of 6.23% during 2016 – 2021 Mar 2017 | Page 3

Global Smart Meter Market ( Electricity , Gas , Water ) – Analysis By Meter Type , By End User , By Region , By Country : Opportunities & Forecasts ( 2011-2022 )

While in developing regions , they will continue to dominate the market in Smart electricity meter due to the government initiatives for lowering down the prices and increasing awareness among utilities . Global Smart Meter Market is forecasted to grow at a CAGR of 6.23 % during 2016 – 2021F , on account of rising advanced infrastructure developments , integrated systems with two way communication and energy consumption real time data and control by individuals . APAC region remains the major market among all the regions . In the forecast period , Europe region will witness strong growth driven by the countries such as U . K . and Germany .
Scope of Smart Meter Market report The report provides Segmentation by Types : Smart Electricity Meter , Smart Gas Meter , Smart Water Meter The report provides Segmentation by End User : Residential sector , Commercial sector The report provides coverage by Region : North America , Europe , Asia Pacific , ROW The report provides coverage by Country : USA , Canada , U . K ., Germany , China , Japan
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