The global market for cellular communication Smart Meters is predicted to almost quadruple within the next four years, with the UK forecast to have the largest cumulative volume of meters.
A report to be published later this month by UK market research firm IMS suggests worldwide shipments of these meters will rise from 2.6 million in 2010 to 9.5 million in 2016, with the US and Britain the market leaders.
Rolando Campos, author of The World Market for Smart Electricity Meters 2011, said: “In the US, telecoms have reduced the cost of data plans for meters significantly to about $1 or less per meter, per month. Utilities that wish to reduce up front capital expenditures by over 40 per cent and reduce operating expenses are finally realising the benefits of using public cellular providers.”
He added that cellular solutions to smart operations will be key in the UK because of the general structure of the utilities and grid operators, and a piecemeal roll out of smart meters made for an ideal use of cellular devices.
For more metering news click here