The European smart electricity meter market is set to undergo rapid growth, with 133 million to 145 million new meters to be installed by 2020.
Sustainability research house Greenbang’s latest report, “Europe’s smart meter outlook for 2020: a market worth $25bn”, also finds that consumer perception around security of data could be an obstacle to growth. And that countries will only hit ambitious targets through effective public/private sector engagement and the development of a common set of smart meter standards.
via Smart meter rollout to reach $25bn in Europe by 2020, says Greenbang | Smart Grid.
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