[Press Release] The penetration rate of smart electricity meters in Europe is expected to reach 63% by the end of 2024 - According to Berg Insight.

According to a press release issued by Berg Insight, one of the world's leading IoT market research companies, on March 20, 2025, the penetration rate of smart electricity meters in Europe is expected to reach 63% by the end of 2024. Data Resources Inc. has begun handling the research report titled "Smart Meters in Europe - 19th Edition" associated with this press release.
Press Release Summary (March 20, 2025)
As of the end of 2024, approximately 63% of electricity consumers in the EU27+3 region will have adopted smart meters. Between 2025 and 2029, the introduction of 90 million smart meters is forecasted, and the market is expected to continue stable growth. The penetration rate of smart meters is projected to reach 80% by 2029, with an expansion of market share from Western Europe to the CEE and SEE regions. Additionally, advancements in communication technology are expected to increase demand for wireless connectivity options.
*Full press release
https://www.dri.co.jp/auto/report/berg/250320-smart-metering-in-europe.html#press

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You can view the full press release here as well.
For details of the research report, please refer to the URL above.
Data Resources is an authorized distributor of Berg Insight.