The advanced metering infrastructure (AMI) market is expected to grow from USD 4.48 billion in 2015 to USD 9.19 billion in 2020, at a Compound Annual Growth Rate (CAGR) of 15.5%.
The smart meters market is expected to grow from an estimated USD 12.79 billion in 2017 to USD 19.98 billion by 2022, registering a CAGR of 9.34% from 2017 to 2022.
Source: Markets and Markets
The outage management system market is expected to grow from an estimated USD 0.4 billion in 2016 to USD 1.48 billion by 2021, at a CAGR of 18.4%.
Source: Markets & Markets
The global smart electricity meter market size was estimated at USD 29.58 billion in 2016 and is expected to grow at 5.9% CAGR between 2018 and 2025.
Source: Grand View Research