How Big is the Smart Gas Meter Market | Industry Trends & Growth Analysis 2025

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Code: MTA8984

Publication Date: Sep 2025

How Big is the Smart Gas Meter Market?

According to 6Wresearch internal database and industry insights, the Global Smart Gas Meter Market was valued at USD 3.8 Billion in 2024 and is expected to reach USD 7.4 Billion by 2031, growing at a compound annual growth rate of 8.60% during the forecast period (2025-2031).

There are a number of growth factors that are contributing to the expansion of the market, including rising demand for efficient energy management, increasing adoption of advanced metering infrastructure, supportive government initiatives for smart utility networks, and advancements in communication technologies for accurate billing and monitoring.

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Key Growth Drivers of the Smart Gas Meter Market

Growing need for energy-efficient solutions and accurate billing
The use of advanced metering infrastructure (AMI)
Initiatives to support the development of smart utility networks
Utility modernization is being driven by growing urbanization.
Technological developments in IoT integration and wireless communication

Smart Gas Meter Market Trends

Smart Gas Meter Market is witnessing notable growth with trends such as increasing integration of IoT-enabled meters for real-time monitoring and management. The demand for prepaid and remotely operated smart gas meters is rising to enhance customer convenience. Utilities are adopting cloud-based platforms for improved data analytics and operational efficiency. Increasing use of two-way communication systems is strengthening demand. Moreover, the adoption of smart meters in residential, commercial, and industrial sectors is accelerating. Another major trend in this market is the use of cybersecurity features to protect data.

Emerging Developments in the Smart Gas Meter Market

Emerging developments in the Smart Gas Meter Market include such as investments in next-generation metering infrastructure with advanced analytics capabilities. The expansion of smart city projects is opening up opportunities for broad deployment. Manufacturers are concentrating on research and development to create meters that are longer-lasting, low-power, and energy-efficient. Blockchain integration in energy transactions is becoming more common due to its safe operations. As a result, utility and technology provider partnerships are growing in an attempt to improve customer engagement.