Advanced Metering Infrastructure Market Report 2026

The advanced metering infrastructure market size has grown rapidly in recent years. It will grow from $22.1 billion in 2025 to $25.73 billion in 2026 at a compound annual growth rate (CAGR) of 16.4%. The growth in the historic period can be attributed to increasing deployment of smart meters, government initiatives for energy efficiency, rising awareness of electricity theft prevention, technological advancements in metering devices, demand for real-time energy monitoring.

The advanced metering infrastructure market size is expected to see rapid growth in the next few years. It will grow to $43.34 billion in 2030 at a compound annual growth rate (CAGR) of 13.9%. The growth in the forecast period can be attributed to growing investments in smart grid infrastructure, expansion of cloud-based AMI solutions, rising adoption of renewable energy integration, increasing focus on utility operational efficiency, demand for advanced data analytics in energy management. Major trends in the forecast period include increasing deployment of smart meters across residential and commercial segments, rising demand for real-time energy monitoring and load management, expansion of remote meter reading and automated billing services, integration of advanced data analytics for energy consumption optimization, growing adoption of end-to-end ami installation and maintenance services.

The rising demand for power in rapidly urbanizing nations is expected to drive the growth of the advanced metering infrastructure market in the coming years. The demand for power in urbanizing nations refers to the growing requirement for energy resources in countries undergoing rapid urban development as populations increasingly migrate from rural areas to cities. This rising demand is fueled by factors such as urban expansion, industrial growth, infrastructure development, and supportive government initiatives. Advanced metering infrastructure plays a vital role in addressing the growing power demand in urbanizing nations by improving energy efficiency, minimizing peak load, and strengthening the overall reliability and sustainability of the electricity grid. AMI allows electric utility providers to obtain accurate energy usage data, automate meter reading processes, and gather extensive information by offering detailed insights into energy consumption patterns. For instance, in April 2025, the International Energy Agency, a France-based intergovernmental organization, reported that global electricity consumption rose by nearly 1,100 TWh, increasing by 4.3% compared to 2023, which is more than double the average annual growth observed over the past decade. Therefore, the increasing demand for power in urbanizing nations is contributing significantly to the expansion of the advanced metering infrastructure market.

Major players in the AMI market are innovating by incorporating advanced features such as secure data encryption and remote management capabilities into their products. These features are crucial for protecting against cyber threats, complying with regulatory standards, and enabling efficient remote operations and maintenance of energy systems. In May 2023, Honeywell International Inc., a global conglomerate, introduced the next generation cellular module (NXCM) which transforms traditional gas and water meters into smart meters using existing public cellular networks. This technology enhances monitoring, safety, and analytical capabilities without the need for additional infrastructure, offering a cost-effective solution for upgrading meter networks. The NXCM provides flexible, scalable solutions for utility providers of various sizes, ensuring secure data transmission through advanced authentication and AES-128 encryption, aligning with regulatory requirements for metering and data management.

In November 2023, Gridspertise S.R.L., an Italy-based electricity infrastructure company, acquired Finland-based Aidon Oy. This acquisition merges Aidon's expertise in smart grid and smart metering solutions with Gridspertise's capabilities, strengthening their position in the Nordic markets. Aidon Oy is renowned for its advanced metering infrastructure (AMI) solutions, which are pivotal in driving forward smart grid implementations.

Major companies operating in the advanced metering infrastructure market are Hitachi Energy Ltd., Siemens AG, General Electric Company, Cisco Systems Inc., Mitsubishi Electric Corporation, Schneider Electric SE, ABB Ltd., Toshiba Corporation, Eaton Corporation plc, Alstom SA, Delta Electronics Inc., Renesas Electronics Corporation, Wabtec Corporation, Diehl Stiftung & Co. KG, Sagemcom SAS, Tietoevry Corporation, Itron Inc., Landis+Gyr AG, Holley Technology Ltd., CRRC Corporation Limited, Aclara Technologies LLC, Kamstrup A/S, Genus Power Infrastructures Ltd., ZENNER International GmbH & Co. KG, Sensus.

Asia-Pacific was the largest region in the advanced metering infrastructure market in 2025. It is expected to be the fastest growing region in the market. The regions covered in the advanced metering infrastructure market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the advanced metering infrastructure market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The advanced metering infrastructure market consists of revenues earned by entities by providing services such as software solutions, value-added services, consulting, advisory, and project management services. The market value includes the value of related goods sold by the service provider or included within the service offering. The advanced metering infrastructure market also includes sales of smart meters, communication modules, and data concentrators. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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