Two in three electricity meters in North America are now smart, says Berg Insight
The penetration of smart electricity meters in North America hit 68% in 2020, according to IoT analyst Berg Insight.
According to the company's forecast, the installed base of smart electricity meters will grow at a compound annual growth rate (CAGR) of 5.7% between 2019 and 2025. This will mean a total of 153.8 million units at the end of the projection.
Canada will be a more advanced market than the United States, with 92% penetration and 84% by 2025...