Smart Gas Meters Market Insights Video

According to Cognitive Market Research, the global Smart Gas Meters market size is USD 2241.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 896.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 672.36 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 515.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
• Latin America had a market share for more than 5% of the global revenue with a market size of USD 112.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 44.82 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
• The Automated Meter Reading (AMR) held the highest Smart Gas Meters market revenue share in 2024.