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Commercial Smart Electric Meter Market 2025 to Grow at 9.6 CAGR with 5.2 Billion Market Size: Analysis and Forecasts 2033
Commercial Smart Electric Meter Market by Application (Education, Healthcare, Retail, Logistics & transportation, Offices, Hospitality, Others), by Technology (AMI, AMR), by North America (U.S., Canada), by Europe (Germany, UK, France, Russia, Italy, Sweden), by Asia Pacific (Japan, China, South Korea, India, Australia), by Middle East & Africa (UAE, Saudi Arabia, Kuwait, South Africa), by Latin America (Mexico, Brazil, Chile) Forecast 2025-2033
Commercial Smart Electric Meter Market 2025 to Grow at 9.6 CAGR with 5.2 Billion Market Size: Analysis and Forecasts 2033
Key Insights
The size of the Commercial Smart Electric Meter Market was valued at USD XX Billion in 2024 and is projected to reach USD XX Billion by 2033, with an expected CAGR of 9.6% during the forecast period.The Commercial Smart Electric Meter Market is expanding rapidly, driven by the increasing adoption of digital and connected technologies in energy management. Smart electric meters enable real-time monitoring, accurate billing, and efficient energy usage in commercial buildings, contributing to energy conservation and cost savings.The market growth is fueled by government mandates for smart meter installations, rising energy prices, and the need for advanced energy management solutions. These meters are critical for demand-side management, enabling commercial users to optimize energy consumption and reduce operational costs.Technological advancements, such as IoT integration, wireless connectivity, and data analytics, are enhancing the functionality of smart meters. The integration of renewable energy systems and electric vehicle charging infrastructure further expands their application scope.North America and Europe are leading the market, supported by regulatory frameworks and extensive smart grid deployments. Emerging economies in Asia Pacific and Latin America are also adopting smart meters as part of their efforts to modernize power infrastructure.
Commercial Smart Electric Meter Market Concentration & Characteristics
The commercial smart electric meter market is moderately concentrated, with a few major players dominating the market. These players are focusing on product innovation, strategic acquisitions, and partnerships to gain market share. The market is characterized by high entry barriers, economies of scale, and significant R&D investments.
Commercial Smart Electric Meter Market Trends
One of the key trends in the commercial smart electric meter market is the increasing adoption of AMI (Advanced Metering Infrastructure). AMI systems enable bi-directional communication between smart meters and utilities, allowing real-time data collection, demand response management, and remote outage detection. Another notable trend is the growing popularity of IoT (Internet of Things) enabled smart meters, which can collect and transmit data wirelessly, providing enhanced connectivity and functionalities.
Key Region or Country & Segment to Dominate the Market
The Asia Pacific region is projected to hold the largest market share and dominate the commercial smart electric meter market over the forecast period. This growth can be attributed to the region's rapidly growing industrial sector, increasing energy consumption, and supportive government policies. The AMI segment is anticipated to witness significant growth due to its advanced features and capabilities.
Driving Forces: What's Propelling the Commercial Smart Electric Meter Market
- Increasing energy efficiency requirements
- Government initiatives promoting smart grid technologies
- Technological advancements in communication and metering technologies
- Growing concerns over energy security and environmental sustainability
Challenges and Restraints in Commercial Smart Electric Meter Market
- High installation and maintenance costs
- Cybersecurity concerns related to smart meter data security
- Limited interoperability between different smart meter technologies
Emerging Trends in Commercial Smart Electric Meter Market
- Smart meters with advanced communication capabilities, such as cellular and LPWAN (Low Power Wide Area Network)
- Real-time analytics and data management platforms
- Integration with renewable energy systems and microgrids
- Artificial intelligence (AI) and machine learning algorithms for data optimization
Commercial Smart Electric Meter Industry News
- July 2023: Landis+Gyr secured a contract with the Israel Electric Corporation (IEC) to deploy smart electricity meters, addressing future regulations.
- June 2023: Holley acquired Prepayment Type Smart Meters for the PEC Yemen Market, enhancing their presence in the region.
Leading Players in the Commercial Smart Electric Meter Market
Commercial Smart Electric Meter Market Segmentation
- 1. Application
- 1.1. Education
- 1.2. Healthcare
- 1.3. Retail
- 1.4. Logistics & transportation
- 1.5. Offices
- 1.6. Hospitality
- 1.7. Others
- 2. Technology
- 2.1. AMI
- 2.2. AMR
Commercial Smart Electric Meter Market Segmentation By Geography
- 1. North America
- 1.1. U.S.
- 1.2. Canada
- 2. Europe
- 2.1. Germany
- 2.2. UK
- 2.3. France
- 2.4. Russia
- 2.5. Italy
- 2.6. Sweden
- 3. Asia Pacific
- 3.1. Japan
- 3.2. China
- 3.3. South Korea
- 3.4. India
- 3.5. Australia
- 4. Middle East & Africa
- 4.1. UAE
- 4.2. Saudi Arabia
- 4.3. Kuwait
- 4.4. South Africa
- 5. Latin America
- 5.1. Mexico
- 5.2. Brazil
- 5.3. Chile
Commercial Smart Electric Meter Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 9.6% from 2019-2033 |
| Segmentation |
|
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1 Favorable government regulations
- 3.2.2 Renewable energy integration to smart grid infrastructure
- 3.2.3 Effective monitoring & control of energy consumption
- 3.2.4 Limits electricity thefts
- 3.3. Market Restrains
- 3.3.1. Vulnerability to cyberattacks
- 3.4. Market Trends
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Commercial Smart Electric Meter Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Application
- 5.1.1. Education
- 5.1.2. Healthcare
- 5.1.3. Retail
- 5.1.4. Logistics & transportation
- 5.1.5. Offices
- 5.1.6. Hospitality
- 5.1.7. Others
- 5.2. Market Analysis, Insights and Forecast - by Technology
- 5.2.1. AMI
- 5.2.2. AMR
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. North America
- 5.3.2. Europe
- 5.3.3. Asia Pacific
- 5.3.4. Middle East & Africa
- 5.3.5. Latin America
- 5.1. Market Analysis, Insights and Forecast - by Application
- 6. North America Commercial Smart Electric Meter Market Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Application
- 6.1.1. Education
- 6.1.2. Healthcare
- 6.1.3. Retail
- 6.1.4. Logistics & transportation
- 6.1.5. Offices
- 6.1.6. Hospitality
- 6.1.7. Others
- 6.2. Market Analysis, Insights and Forecast - by Technology
- 6.2.1. AMI
- 6.2.2. AMR
- 6.1. Market Analysis, Insights and Forecast - by Application
- 7. Europe Commercial Smart Electric Meter Market Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Application
- 7.1.1. Education
- 7.1.2. Healthcare
- 7.1.3. Retail
- 7.1.4. Logistics & transportation
- 7.1.5. Offices
- 7.1.6. Hospitality
- 7.1.7. Others
- 7.2. Market Analysis, Insights and Forecast - by Technology
- 7.2.1. AMI
- 7.2.2. AMR
- 7.1. Market Analysis, Insights and Forecast - by Application
- 8. Asia Pacific Commercial Smart Electric Meter Market Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Application
- 8.1.1. Education
- 8.1.2. Healthcare
- 8.1.3. Retail
- 8.1.4. Logistics & transportation
- 8.1.5. Offices
- 8.1.6. Hospitality
- 8.1.7. Others
- 8.2. Market Analysis, Insights and Forecast - by Technology
- 8.2.1. AMI
- 8.2.2. AMR
- 8.1. Market Analysis, Insights and Forecast - by Application
- 9. Middle East & Africa Commercial Smart Electric Meter Market Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Application
- 9.1.1. Education
- 9.1.2. Healthcare
- 9.1.3. Retail
- 9.1.4. Logistics & transportation
- 9.1.5. Offices
- 9.1.6. Hospitality
- 9.1.7. Others
- 9.2. Market Analysis, Insights and Forecast - by Technology
- 9.2.1. AMI
- 9.2.2. AMR
- 9.1. Market Analysis, Insights and Forecast - by Application
- 10. Latin America Commercial Smart Electric Meter Market Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - by Application
- 10.1.1. Education
- 10.1.2. Healthcare
- 10.1.3. Retail
- 10.1.4. Logistics & transportation
- 10.1.5. Offices
- 10.1.6. Hospitality
- 10.1.7. Others
- 10.2. Market Analysis, Insights and Forecast - by Technology
- 10.2.1. AMI
- 10.2.2. AMR
- 10.1. Market Analysis, Insights and Forecast - by Application
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2024
- 11.2. Company Profiles
- 11.2.1 Aclara Technologies LLC
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 CyanConnode
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 General Electric
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Honeywell International Inc.
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Holley Performance Products Inc.
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Iskraemeco Group
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Itron Inc.
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Jabil Inc.
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Kamstrup
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 Kontron AG (S&T AG)
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.11 LARSEN & TOUBRO LIMITED
- 11.2.11.1. Overview
- 11.2.11.2. Products
- 11.2.11.3. SWOT Analysis
- 11.2.11.4. Recent Developments
- 11.2.11.5. Financials (Based on Availability)
- 11.2.12 Landis+Gyr
- 11.2.12.1. Overview
- 11.2.12.2. Products
- 11.2.12.3. SWOT Analysis
- 11.2.12.4. Recent Developments
- 11.2.12.5. Financials (Based on Availability)
- 11.2.13 Mitsubishi Electric Corporation
- 11.2.13.1. Overview
- 11.2.13.2. Products
- 11.2.13.3. SWOT Analysis
- 11.2.13.4. Recent Developments
- 11.2.13.5. Financials (Based on Availability)
- 11.2.14 OSAKI ELECTRIC CO. LTD.
- 11.2.14.1. Overview
- 11.2.14.2. Products
- 11.2.14.3. SWOT Analysis
- 11.2.14.4. Recent Developments
- 11.2.14.5. Financials (Based on Availability)
- 11.2.15 SAMI Advanced Electronics
- 11.2.15.1. Overview
- 11.2.15.2. Products
- 11.2.15.3. SWOT Analysis
- 11.2.15.4. Recent Developments
- 11.2.15.5. Financials (Based on Availability)
- 11.2.16 Schneider Electric
- 11.2.16.1. Overview
- 11.2.16.2. Products
- 11.2.16.3. SWOT Analysis
- 11.2.16.4. Recent Developments
- 11.2.16.5. Financials (Based on Availability)
- 11.2.17 Sensus
- 11.2.17.1. Overview
- 11.2.17.2. Products
- 11.2.17.3. SWOT Analysis
- 11.2.17.4. Recent Developments
- 11.2.17.5. Financials (Based on Availability)
- 11.2.18 Siemens
- 11.2.18.1. Overview
- 11.2.18.2. Products
- 11.2.18.3. SWOT Analysis
- 11.2.18.4. Recent Developments
- 11.2.18.5. Financials (Based on Availability)
- 11.2.19 Trinity Energy Systems Pvt. Ltd.
- 11.2.19.1. Overview
- 11.2.19.2. Products
- 11.2.19.3. SWOT Analysis
- 11.2.19.4. Recent Developments
- 11.2.19.5. Financials (Based on Availability)
- 11.2.1 Aclara Technologies LLC
- Figure 1: Global Commercial Smart Electric Meter Market Revenue Breakdown (Billion, %) by Region 2024 & 2032
- Figure 2: North America Commercial Smart Electric Meter Market Revenue (Billion), by Application 2024 & 2032
- Figure 3: North America Commercial Smart Electric Meter Market Revenue Share (%), by Application 2024 & 2032
- Figure 4: North America Commercial Smart Electric Meter Market Revenue (Billion), by Technology 2024 & 2032
- Figure 5: North America Commercial Smart Electric Meter Market Revenue Share (%), by Technology 2024 & 2032
- Figure 6: North America Commercial Smart Electric Meter Market Revenue (Billion), by Country 2024 & 2032
- Figure 7: North America Commercial Smart Electric Meter Market Revenue Share (%), by Country 2024 & 2032
- Figure 8: Europe Commercial Smart Electric Meter Market Revenue (Billion), by Application 2024 & 2032
- Figure 9: Europe Commercial Smart Electric Meter Market Revenue Share (%), by Application 2024 & 2032
- Figure 10: Europe Commercial Smart Electric Meter Market Revenue (Billion), by Technology 2024 & 2032
- Figure 11: Europe Commercial Smart Electric Meter Market Revenue Share (%), by Technology 2024 & 2032
- Figure 12: Europe Commercial Smart Electric Meter Market Revenue (Billion), by Country 2024 & 2032
- Figure 13: Europe Commercial Smart Electric Meter Market Revenue Share (%), by Country 2024 & 2032
- Figure 14: Asia Pacific Commercial Smart Electric Meter Market Revenue (Billion), by Application 2024 & 2032
- Figure 15: Asia Pacific Commercial Smart Electric Meter Market Revenue Share (%), by Application 2024 & 2032
- Figure 16: Asia Pacific Commercial Smart Electric Meter Market Revenue (Billion), by Technology 2024 & 2032
- Figure 17: Asia Pacific Commercial Smart Electric Meter Market Revenue Share (%), by Technology 2024 & 2032
- Figure 18: Asia Pacific Commercial Smart Electric Meter Market Revenue (Billion), by Country 2024 & 2032
- Figure 19: Asia Pacific Commercial Smart Electric Meter Market Revenue Share (%), by Country 2024 & 2032
- Figure 20: Middle East & Africa Commercial Smart Electric Meter Market Revenue (Billion), by Application 2024 & 2032
- Figure 21: Middle East & Africa Commercial Smart Electric Meter Market Revenue Share (%), by Application 2024 & 2032
- Figure 22: Middle East & Africa Commercial Smart Electric Meter Market Revenue (Billion), by Technology 2024 & 2032
- Figure 23: Middle East & Africa Commercial Smart Electric Meter Market Revenue Share (%), by Technology 2024 & 2032
- Figure 24: Middle East & Africa Commercial Smart Electric Meter Market Revenue (Billion), by Country 2024 & 2032
- Figure 25: Middle East & Africa Commercial Smart Electric Meter Market Revenue Share (%), by Country 2024 & 2032
- Figure 26: Latin America Commercial Smart Electric Meter Market Revenue (Billion), by Application 2024 & 2032
- Figure 27: Latin America Commercial Smart Electric Meter Market Revenue Share (%), by Application 2024 & 2032
- Figure 28: Latin America Commercial Smart Electric Meter Market Revenue (Billion), by Technology 2024 & 2032
- Figure 29: Latin America Commercial Smart Electric Meter Market Revenue Share (%), by Technology 2024 & 2032
- Figure 30: Latin America Commercial Smart Electric Meter Market Revenue (Billion), by Country 2024 & 2032
- Figure 31: Latin America Commercial Smart Electric Meter Market Revenue Share (%), by Country 2024 & 2032
- Table 1: Global Commercial Smart Electric Meter Market Revenue Billion Forecast, by Region 2019 & 2032
- Table 2: Global Commercial Smart Electric Meter Market Revenue Billion Forecast, by Application 2019 & 2032
- Table 3: Global Commercial Smart Electric Meter Market Revenue Billion Forecast, by Technology 2019 & 2032
- Table 4: Global Commercial Smart Electric Meter Market Revenue Billion Forecast, by Region 2019 & 2032
- Table 5: Global Commercial Smart Electric Meter Market Revenue Billion Forecast, by Application 2019 & 2032
- Table 6: Global Commercial Smart Electric Meter Market Revenue Billion Forecast, by Technology 2019 & 2032
- Table 7: Global Commercial Smart Electric Meter Market Revenue Billion Forecast, by Country 2019 & 2032
- Table 8: U.S. Commercial Smart Electric Meter Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 9: Canada Commercial Smart Electric Meter Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 10: Global Commercial Smart Electric Meter Market Revenue Billion Forecast, by Application 2019 & 2032
- Table 11: Global Commercial Smart Electric Meter Market Revenue Billion Forecast, by Technology 2019 & 2032
- Table 12: Global Commercial Smart Electric Meter Market Revenue Billion Forecast, by Country 2019 & 2032
- Table 13: Germany Commercial Smart Electric Meter Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 14: UK Commercial Smart Electric Meter Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 15: France Commercial Smart Electric Meter Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 16: Russia Commercial Smart Electric Meter Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 17: Italy Commercial Smart Electric Meter Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 18: Sweden Commercial Smart Electric Meter Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 19: Global Commercial Smart Electric Meter Market Revenue Billion Forecast, by Application 2019 & 2032
- Table 20: Global Commercial Smart Electric Meter Market Revenue Billion Forecast, by Technology 2019 & 2032
- Table 21: Global Commercial Smart Electric Meter Market Revenue Billion Forecast, by Country 2019 & 2032
- Table 22: Japan Commercial Smart Electric Meter Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 23: China Commercial Smart Electric Meter Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 24: South Korea Commercial Smart Electric Meter Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 25: India Commercial Smart Electric Meter Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 26: Australia Commercial Smart Electric Meter Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 27: Global Commercial Smart Electric Meter Market Revenue Billion Forecast, by Application 2019 & 2032
- Table 28: Global Commercial Smart Electric Meter Market Revenue Billion Forecast, by Technology 2019 & 2032
- Table 29: Global Commercial Smart Electric Meter Market Revenue Billion Forecast, by Country 2019 & 2032
- Table 30: UAE Commercial Smart Electric Meter Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 31: Saudi Arabia Commercial Smart Electric Meter Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 32: Kuwait Commercial Smart Electric Meter Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 33: South Africa Commercial Smart Electric Meter Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 34: Global Commercial Smart Electric Meter Market Revenue Billion Forecast, by Application 2019 & 2032
- Table 35: Global Commercial Smart Electric Meter Market Revenue Billion Forecast, by Technology 2019 & 2032
- Table 36: Global Commercial Smart Electric Meter Market Revenue Billion Forecast, by Country 2019 & 2032
- Table 37: Mexico Commercial Smart Electric Meter Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 38: Brazil Commercial Smart Electric Meter Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 39: Chile Commercial Smart Electric Meter Market Revenue (Billion) Forecast, by Application 2019 & 2032
STEP 1 - Identification of Relevant Samples Size from Population Database
STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note* : In applicable scenarios
STEP 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
STEP 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
Frequently Asked Questions
Are there any restraints impacting market growth?
Vulnerability to cyberattacks.
What is the projected Compound Annual Growth Rate (CAGR) of the Commercial Smart Electric Meter Market ?
The projected CAGR is approximately 9.6%.
Can you provide details about the market size?
The market size is estimated to be USD 5.2 Billion as of 2022.
Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Billion .
How can I stay updated on further developments or reports in the Commercial Smart Electric Meter Market?
To stay informed about further developments, trends, and reports in the Commercial Smart Electric Meter Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
What are some drivers contributing to market growth?
Favorable government regulations., Renewable energy integration to smart grid infrastructure., Effective monitoring & control of energy consumption., Limits electricity thefts.
Can you provide examples of recent developments in the market?
In July 2023, Landis+Gyr secured a contract with the Israel Electric Corporation (IEC) to deploy smart electricity meters, software, and services, addressing future regulations. Initially, 565,600 smart meters will be supplied, with potential for IEC to expand to 4.2 million units. A portion may come from a third-party supplier. Landis+Gyr will also provide the head-end system and services, crucial for Israel's smart grid establishment.
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The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
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