China, India, Japan and South Korea set to surpass 1bn installed smart electricity meters in 2025

smart electricity meters

According to new a research report from the IoT analyst firm Berg Insight, the installed base of smart electricity meters in the Asian markets China, India, Japan and South Korea will grow at a compound annual growth rate of 7.9% from 613.4 million in 2018 to reach 965.9 million in 2024. Over the next six years, smart meter penetration among electricity customers in the region is projected to increase from around 67% in 2018 to 94% by the end of 2024. At this pace, Berg Insight anticipates the markets will…

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