Smart Electric Meter Market Share

Geographically, the smart electricity meters market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa region. The Asia Pacific industry is poised to account for largest revenue share by 2036, due to rise in capital investments in smart grid technologies and smart cities.The increase in the number of new data centers and a surge in commercial institutions are also estimated to drive the region's smart electricity meters market. Along with this, China accounts for the largest share due to large-scale rollout plans. The country also accounts for the highest installed generation and distribution capacity in the Asia Pacific, resulting in an increased demand for smart electricity meters.