The global advanced metering infrastructure (AMI) market size reached USD 26.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 67.8 Billion by 2033, exhibiting a growth rate (CAGR) of 11.23% during 2025-2033.
Advanced metering infrastructure (AMI) refers to an integrated system of equipment, communication networks, and information management systems to collect customer water usage data remotely in real-time. Its main components include meters, sensors, remotely controlled variables, and a meter interface unit (MIU). It also contains a radio-based technology to read water meters, which eliminates the need for manual meter reads. As it provides the benefits of improved utility operations, increased water conservation, leak detection, and enhanced security and resilience, utilities across the globe are relying on AMI for operational efficiencies and cost savings.
Advanced Metering Infrastructure (AMI) Market Trends:
The rising need for accurate water billing solutions in the residential sector is driving the adoption of smart water meters worldwide, which, in turn, is propelling the market growth. This can also be attributed to various initiatives and campaigns undertaken by governments of numerous countries, along with non-governmental organizations (NGOs), to conserve freshwater. Apart from this, remote meter reading solutions are gaining traction in geographically dispersed territories or remote areas as they generate more timely and accurate bills. Moreover, the increasing use of ultrasonic flowmeters in water and wastewater treatment to measure the dosage of chemicals, monitor methane discharge, and evaluate large volumes of fluid carrying sludge by-products, suspended solids, and other materials is contributing to the market growth. Besides this, key players are introducing products combined with innovative technologies, such as in-home displays and programmable communicating thermostats. These products enable utilities to offer new time-based rate programs and incentives that encourage customers to reduce peak demand and manage energy consumption and costs. This, in confluence with improvements in grid modernization, is anticipated to influence the market positively.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global advanced metering infrastructure (AMI) market report, along with forecasts at the global, regional and country level from 2025-2033. Our report has categorized the market based on product type and end user.
Breakup by Product Type:
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