Prepaid Electricity Metering Market Report 2026

The prepaid electricity metering market size has grown strongly in recent years. It will grow from $9.69 billion in 2025 to $10.5 billion in 2026 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to electrification of residential and commercial buildings, deployment of basic prepaid metering infrastructure, rising electricity access programs, growth of urban power distribution networks, increasing focus on revenue protection.

The prepaid electricity metering market size is expected to see strong growth in the next few years. It will grow to $14.46 billion in 2030 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to increasing investments in smart metering infrastructure, rising adoption of digital payment ecosystems, expansion of smart city projects, growing demand for real-time energy monitoring, increasing focus on energy efficiency management. Major trends in the forecast period include increasing adoption of smart prepaid metering systems, rising integration of mobile and digital payment platforms, growing deployment of advanced meter data analytics, expansion of remote meter management capabilities, enhanced focus on energy consumption transparency.

Rising electricity demand is expected to drive the growth of the prepaid electricity metering market in the coming years. Electricity demand refers to the total amount of electrical energy required by residential, commercial, and industrial users to support daily activities and economic progress. This growth in electricity demand is fueled by population expansion, rapid urbanization, and the increasing adoption of electric vehicles and smart electronic devices. Prepaid electricity metering enables efficient energy management by allowing consumers to pay for electricity in advance, encouraging responsible usage, and helping utilities minimize revenue losses from unpaid bills. For example, in July 2024, the International Energy Agency (IEA), a France-based intergovernmental organization, projected that the share of global electricity supply would rise from 30% in 2023 to 35% by 2025. Therefore, the increasing demand for electricity is contributing to the expansion of the prepaid electricity metering market.

Leading companies in the prepaid electricity metering sector are concentrating on developing advanced solutions, such as new smart meter technologies, to improve energy management and enhance consumer engagement. These new smart meter solutions represent innovative prepaid electricity metering technologies that enable consumers to manage their electricity usage and payments more effectively. For example, in May 2023, Conlog (Pty) Ltd, a South Africa-based provider of end-to-end metering solutions, introduced the iDM APEX 1. This new smart metering solution is designed to enhance energy management and efficiency. The iDM APEX 1 offers flexibility by supporting both prepayment and post-payment options, allowing utilities to meet the diverse needs and preferences of their customers. This dual functionality aids in cash flow management and minimizes billing disputes. The meter also includes an integrated cellular modem for reliable remote connectivity, allowing utilities to monitor usage and manage accounts effectively. Additionally, it features a short-range radio modem that connects to in-home user interfaces and load management devices, thereby enhancing user engagement and control.

In June 2024, Ancala Partners LLP, a UK-based private equity firm that invests in various infrastructure subsectors, acquired Solandeo GmbH for an undisclosed amount. This acquisition aims to expedite the deployment of smart meters in Germany and leverage the rapidly growing demand following the German government's recent mandate for nationwide installation of smart meters in commercial and residential buildings starting in 2025. Solandeo GmbH is a Germany-based company specializing in smart metering solutions for independent metering and power management.

Major companies operating in the prepaid electricity metering market are Siemens AG, General Electric Company, Larsen & Toubro, Sagemcom SAS, Itron Inc., Landis+Gyr AG, Secure Meters Limited, Ningbo Sanxing Electric Co Ltd., Holley Technology Limited, Genus Power Infrastructures Limited, Kamstrup A/S, Elmeasure India Pvt Ltd., Conlog (Pty) Ltd., Iskraemeco d.d., Xenius Technologies, Nevon Projects Private Limited, SmartSynch Inc., Techno Meters & Electronics, EDMI Limited, ZIV Automation S.L.

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

The prepaid electricity metering market consists of revenues earned by entities by providing services such as budgeting control, automatic alerts, convenient payment options, flexible payment plans, and remote disconnection and reconnection. The market value includes the value of related goods sold by the service provider or included within the service offering. The prepaid electricity metering market also includes sales of prepaid meters, smart meters, rechargeable smart cards, mobile apps, and web portals. 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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