Market Insight

COVID-19 Impact on Smart Metering – June Update

June 19, 2020  | Subscribers Only

David Green David Green Research and Analysis Manager, Smart Utilities Infrastructure
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Just two months ago, the Smart Buildings and Energy Infrastructure team at Omdia built a framework to assess the impact of COVID-19 to the smart metering industry, releasing the findings to clients in a white paper.

In this analysis, it showed total communicating meter shipments from 2019-2025 could fall by as much as 28% due to COVID-19 (worst-case scenario). At the same time, however, COVID-19 could drive more spend than ever before on ‘beyond-the-meter’ software and services over the next ten years.

As the global situation continues to evolve, Omdia now provides the following update to clients on the latest expectations for the smart metering market over the next 5 years.

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