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.
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.