Abstract

The smart metering industry continues to proliferate across both developing and developed regions. In North America and Europe, a growing number of utilities are advancing second-generation upgrade and replacement projects; these deployments are underpinned by significant technological advances in smart meter hardware, software, and communications. In emerging regions, such as Asia Pacific, Latin America, and the Middle East & Africa, multiple nationwide rollouts and late adopters are helping accelerate high volume investment.

In this release of the Guidehouse Insights Global AMI Tracker, North America continues to lead in the number of new advanced metering infrastructure (AMI) deployments, with 1,504 of the 2,144 tracked projects and more than 157 million meters installed or planned. Western Europe has added several new projects and continues to advance multiple nationwide rollouts, now tracking 187 projects and nearly 195 million meters installed or planned. Eastern Europe is showing signs of growth, with 61 projects and nearly 47 million meters planned. Asia-Pacific remains the most fragmented but also the largest regional market, with 211 projects and more than 942 million meters installed or planned. Latin America remains an underdeveloped market compared to other regions, but momentum is building. The region now tracks 80 projects and over 27 million meters installed or planned. The Middle East has 38 projects and over 23 million meters installed or planned, while Africa’s market is gradually expanding, with 61 tracked projects and over 12 million meters installed or planned.

This edition of the Guidehouse Insights Global AMI Tracker provides an analysis of global utility smart meter projects. It tracks data related to global customer endpoints, meter manufacturers, AMI communications vendors, systems integrators, and meter data management vendors. It also includes an examination of the technologies, timeframes, and vendor selections for AMI deployments around the world, along with vendor selection share analysis for North America.

What Questions Does This Report Answer? 

• Which utilities have already deployed smart meters, and which utilities have announced future deployments?
• Which vendors are leading the smart meter, communications, and MDMS markets in terms of selection share?
• Which utilities are deploying second-generation smart meter projects in North America and Europe? 
• Which markets will show the greatest growth in smart metering over the next decade?
• What key business and technology trends are helping shape the smart meter market? 

Who Would Benefit from This Report? 

• Utilities
• Smart grid hardware and software providers
• Government agencies
• Military agencies
• Non-governmental organizations
• Investor community

Key Market Forecasts in This Report

• Tracked Smart Meter Projects by Region
• Planned Smart Meters by Region as of 3Q25
• Top 10 Smart Meter Vendors by Selection Share
• Top 10 Communications Vendors by Selection Share
• Top 5 Communications Technologies by Selection Share
• Planned Smart Meters by Utility Type
• Top 10 Countries by Planned Smart Meters as of 3Q25
• Smart Meter Projects by Region as of 3Q25
• Smart Meter Projects and Planned Meters by Region and Country as of 3Q25
• Global AMI Tracker 3Q25