Global Smart Energy Meter Market
Global Smart Energy Meter market to grow at a CAGR of 24.25 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in the accuracy of billing after the installation of a smart energy meter. The Global Smart Energy Meter market has also been witnessing increasing interest by regulatory authorities. However, lack of industry standards could pose a challenge to the growth of this market.
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