A new market study by Global Industry Analysts Inc. (GIA) shows that the global market for smart electricity meters is expected to reach $15.2 billion by 2026.
The prediction comes courtesy of market research publisher GIA’s latest report, Smart Electricity Meters – Global Market Trajectory & Analytics.
Covid-19 and its market repercussions
Amid the COVID-19 crisis, the meters’ global market – currently estimated at $11.4 billion – is projected to reach a revised size of $15.2 billion by 2026, growing at a compound annual growth rate (CAGR) of 6.7% over the analysis period.
CyanConnode Holdings plc (LON:CYAN) is a world leader in the design and development of Narrowband RF mesh networks that enable Omni Internet of Things (IoT) communications.