2025 U.S. Smart Electricity Meter Market Worth $22B

Over the next six years, the U.S. market for smart electricity meters is expected to grow by over $8 billion. The devices, which allow users to easily monitor power consumption and reduce it accordingly, have an important part to play in the fight for a better climate future. Cities around the globe are setting ambitious efficiency standards, offering incentives to building owners to retrofit their buildings with high energy standards. 

The first step is measuring and monitoring power consumption. You can’t know where you can save electricity without knowing where and how it’s being spent. That’s where smart electricity meters come in. Consumer units made for residential homes have been favored for years, accounting for 75% of the market, but now commercial owners are getting in on the action. Owners of offices, hotels, shopping centers and apartment blocks are all realizing energy savings, sparking demand from large real estate portfolio holders like local governments. 

With favorable regulatory conditions, standard policies in place and new competitors entering the market, the U.S. is set for a smart meter boom.

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