Worldwide revenue from advanced metering infrastructure presented a trend of growth over the years, peaking at 16.14 billion U.S. dollars in 2020. This is an increase of more than 2.5-fold compared to the revenue of 6.3 billion U.S. dollars in 2011.
Advanced metering infrastructure (AMI) enables two-way communication between utilities and customer. AMI offers real time information about consumption, voltage levels, current and power factor, thus, making it very important for managing the supply and demand of electricity in smart grids.
Revenue of the advanced metering infrastructure market worldwide from 2011 to 2020
(in billion U.S. dollars)
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Advanced Energy Economy. (April 30, 2021). Revenue of the advanced metering infrastructure market worldwide from 2011 to 2020 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/877177/global-advanced-metering-infrastructure-industry/
Advanced Energy Economy. "Revenue of the advanced metering infrastructure market worldwide from 2011 to 2020 (in billion U.S. dollars)." Chart. April 30, 2021. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/877177/global-advanced-metering-infrastructure-industry/
Advanced Energy Economy. (2021). Revenue of the advanced metering infrastructure market worldwide from 2011 to 2020 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/877177/global-advanced-metering-infrastructure-industry/
Advanced Energy Economy. "Revenue of The Advanced Metering Infrastructure Market Worldwide from 2011 to 2020 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Apr 2021, https://www.statista.com/statistics/877177/global-advanced-metering-infrastructure-industry/
Advanced Energy Economy, Revenue of the advanced metering infrastructure market worldwide from 2011 to 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/877177/global-advanced-metering-infrastructure-industry/ (last visited December 21, 2024)
Revenue of the advanced metering infrastructure market worldwide from 2011 to 2020 (in billion U.S. dollars) [Graph], Advanced Energy Economy, April 30, 2021. [Online]. Available: https://www.statista.com/statistics/877177/global-advanced-metering-infrastructure-industry/