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Global Smart Meters Markets Report 2022: Market to Reach $29 8 Billion by 2026 - Rise of Smart Cities and Focus on Smart Energy Management Opens Up Opportunities for Smart Meters

Global Smart Gas Meters Markets 2020-2025

Share this article Share this article ResearchAndMarkets.com s offering. The global market for Smart Gas is projected to reach US$29.9 billion by 2025, driven by the growing need for efficient utilization of energy and rising awareness over the importance of information management technologies in enabling intelligent metering, monitoring, measurement, and control of gas resources. Also driving growth in the market are factors such as growing global gas demand from 3,000 Mtoe in 2015 to 4,100 Mtoe by 2035 and the ensuing need for efficient distribution networks and billing system; spiraling shale gas production with technology developments promising to tap into the over 5,770 trillion cubic feet of technically recoverable shale gas reserves worldwide; robust demand for modular & integrated gas meters; increasing adoption of SCADA; increasing integration of cloud computing, IoT & artificial intelligence in advanced metering infrastructure (AMI); and rise of smart cities to over 1

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