Advanced metering infrastructure market seen topping $43B by 2030

The Business Research Company says the global advanced metering infrastructure market will surpass $43 billion by 2030, growing at a 14.4% CAGR. North America and the U.S. are expected to lead the market, while solutions remain the largest segment as utilities accelerate smart grid, monitoring and digitization investments.

Why it matters: - Advanced metering infrastructure is moving deeper into utility modernization as providers invest in smart grids, real-time monitoring and digital operations. - The market’s growth points to stronger demand for automated meter reading, energy transparency and remote utility management across residential, commercial and industrial users. - The sector’s expansion could help utilities cut losses, improve billing accuracy and strengthen grid resilience.

What happened: - The Business Research Company released its Advanced Metering Infrastructure Market Report 2026, covering market size, trends and global forecasts for 2026-2035. - The report puts the global advanced metering infrastructure market at more than $43 billion in 2030. - The report pegs the market at a 14.4% CAGR through 2030. - The report says North America will be the largest region in 2030, valued at $13 billion. - The report says the USA will be the largest country in 2030, valued at $11 billion.

The details: - The advanced metering infrastructure market is expected to rise from $7 billion in 2025 to $13 billion in North America by 2030, a 13% CAGR. - The U.S. market is expected to grow from $6 billion in 2025 to $11 billion in 2030, also at a 13% CAGR. - The report says the market will represent about 1% of the parent electric power transmission, control and distribution market in 2030. - The report says the market will account for nearly 0.5% of the broader utilities industry in 2030. - The solutions segment will be the largest type category, accounting for 61% of the market, or $26 billion, in 2030. - The market is also segmented by meter type into water meter, electricity meter, gas meter and heat meter. - The market is segmented by connectivity into wired and wireless. - The market is segmented by end user into residential, commercial and industrial. - Growth in the solutions segment will be supported by smart meter data management platforms, advanced analytics, remote monitoring software, automated meter reading, billing optimization, cybersecurity and communication management tools. - The report says solutions and services together will add more than $21 billion in market value by 2030. - The solutions market is projected to grow by $13 billion over the next five years from 2025 to 2030. - The services market is projected to grow by $8 billion over the same period. - The report includes updated analytical tools such as market attractiveness scoring, TAM analysis, company scoring matrix graphics and tables, Excel-based forecasting dashboards, market hotspots infographics, and key technologies and future trend analysis. - The Business Research Company says its research is based on 1,500,000 datasets, secondary research and interviews with industry leaders. - The company says it has published more than 30,000 reports across 27 industries and 60+ geographies. - The company’s sample request link is available here. - The full report is available here.

Between the lines: - The forecast suggests utilities are treating metering as part of a broader digital overhaul, not just a hardware replacement cycle. - North America’s lead reflects heavy utility infrastructure upgrades and regulatory support for energy efficiency and intelligent metering. - The U.S. stands out because the report ties demand to smart electricity network expansion, lower non-technical losses, better outage management and more transparent billing. - The report’s growth drivers point to three overlapping forces: resource management, sensor adoption and digitization. - The market opportunity appears concentrated in software-heavy solutions and ongoing services, not just device sales.

What's next: - Utility spending on smart grid communications, cloud analytics, cybersecurity and automated meter data management is expected to keep expanding through 2030. - The report says resource management could contribute about 2.5% annual growth to the market. - Advanced sensor technologies are projected to contribute about 2.3% annual growth. - Digitization is projected to contribute about 2.1% annual growth. - Continued modernization across developed and emerging economies is expected to lift both solutions and services demand. - The Business Research Company’s 2026 report format adds forecasting dashboards and market hotspot analysis, signaling more granular tracking of where AMI growth is happening.

The bottom line: - Advanced metering infrastructure is becoming a core utility digitization market, with growth led by North America, the U.S. and software-driven solutions.