Global IoT Smart Meter Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global IoT Smart Meter market size was valued at US$ 5745 million in 2024 and is forecast to a readjusted size of USD 8147 million by 2031 with a CAGR of 5.2% during review period.

IoT smart meters are intelligent measurement and monitoring devices that integrate IoT technology. They can collect, transmit and analyze various physical or chemical parameter data in real time, such as temperature, humidity, pressure, flow, voltage, current, etc. These meters transmit real-time data to cloud platforms or local servers through wireless networks (such as Wi-Fi, LTE, 5G, etc.) through embedded sensors, wireless communication modules and data processing units, to achieve remote monitoring, intelligent analysis and automated management. The core advantage of IoT smart meters is that they can provide high-precision and high-efficiency measurement results, and support decision optimization, equipment predictive maintenance and energy efficiency management through intelligent data analysis. Through linkage with other IoT devices and systems, it can help enterprises realize automation of production processes, refined management of environmental monitoring, and optimization of energy consumption, thereby promoting intelligent transformation in multiple fields such as industry, agriculture, energy, and environmental protection. At the same time, these meters not only improve the real-time and accuracy of data processing through edge computing and data fusion technology, but also reduce system latency and improve the response speed and reliability of the overall system.

As a core component of the application of IoT technology, IoT smart meters are profoundly changing the operation mode and management methods of various industries. It not only improves the automation and real-time nature of data collection, but also promotes more efficient and accurate decision-making through integrated intelligent analysis functions. In the fields of industrial production, energy management, environmental monitoring, etc., IoT smart meters can provide enterprises with comprehensive and continuous monitoring and optimization tools to help enterprises track production processes, equipment status and environmental changes in real time, and realize intelligent production processes and energy saving and consumption reduction. For example, in the field of industrial automation, these meters can identify potential equipment failures or production bottlenecks through real-time data transmission and analysis, thereby supporting predictive maintenance, reducing downtime and improving production efficiency; in smart grids and energy management, they can accurately monitor power consumption, help users optimize energy use, reduce operating costs, and support the integration and optimal use of green energy. Another important role of IoT smart meters is that with the support of big data and cloud computing, it can process a large amount of real-time data, extract valuable information, help enterprises make more accurate and faster decisions, and promote the transformation from traditional manual management to automation and intelligence. However, with the advancement of technology and the deepening of its application, how to ensure the security of equipment, the privacy of data, and how to ensure the interconnection and standardization of systems are still important issues that need to be further explored and resolved. Overall, IoT smart meters not only provide more efficient management tools for all walks of life, but also open up new paths for the digital transformation and intelligent upgrading of enterprises.

This report is a detailed and comprehensive analysis for global IoT Smart Meter market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global IoT Smart Meter market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global IoT Smart Meter market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global IoT Smart Meter market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global IoT Smart Meter market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for IoT Smart Meter

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global IoT Smart Meter market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Siemens, Philips, General Electric, STMicroelectronics, Intel, Samsung Electronics, Huawei, ZTE, Zhejiang Weixing Intelligent Instrument, Gold Card Smart Group, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

IoT Smart Meter market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Smart Water Meter
Smart Meter
Smart Gas Meter

Market segment by Application
Home
Commercial

Major players covered
Siemens
Philips
General Electric
STMicroelectronics
Intel
Samsung Electronics
Huawei
ZTE
Zhejiang Weixing Intelligent Instrument
Gold Card Smart Group
Beijing Cloud Optical Technology
Chengdu Qinchuan Internet of Things Technology
Hefei Dewey Intelligent Technology
Hangzhou Sizhu Intelligent Equipment
Zhejiang Wansheng Intelligent Technology
Sanchuan Smart Technology
Shenzhen Kelu Electronic Technology
Xintian Technology
Xi'an Jingqi Electronics

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe IoT Smart Meter product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of IoT Smart Meter, with price, sales quantity, revenue, and global market share of IoT Smart Meter from 2020 to 2025.

Chapter 3, the IoT Smart Meter competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the IoT Smart Meter breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and IoT Smart Meter market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of IoT Smart Meter.

Chapter 14 and 15, to describe IoT Smart Meter sales channel, distributors, customers, research findings and conclusion.