Key Statistics
Global smart grid coverage in 2025
Global smart grid coverage by 2030
Smart meter shipments globally by 2030
Forecast period
'Smart Grids to Support 43% of Global Electricity Supply by 2030, Driven by Virtual Power Plants'
Overview
Our cutting-edge Smart Grid research suite provides a comprehensive view of a market at the forefront of the global energy transition. It examines the major disruptions transforming the sector, from the integration of distributed energy resources and the rise of virtual power plants to the growing role of AI-driven intelligence and the mounting need for robust cyber security and compliance. It also highlights how emerging markets are driving the next wave of smart metering growth; leapfrogging legacy infrastructure to accelerate grid modernisation.
The suite combines detailed analysis of trends and challenges with clear recommendations and opportunity appraisals throughout; ensuring vendors can translate industry shifts into actionable strategies. It is supported by robust datasets covering grid deployment, associated revenue, energy cost savings, and avoided emissions; giving stakeholders the insights they need to quantify smart grids’ market potential and socioeconomic impact.
Alongside this, the Competitor Leaderboard offers an independent evaluation of 15 leading smart grid vendors; highlighting the capabilities that set market leaders apart and the strategies challengers must adopt to compete.
Available as individual components, or as a complete package at a discounted rate, our smart grid research suite equips stakeholders with the intelligence required to succeed in a market that is being reshaped by decentralisation, prosumer participation, and intelligent grid management.
All report content is delivered in the English language.
- Country Readiness Index: Benchmarks for 60+ markets worldwide; assessing smart grids’ maturity and investment potential. This enables vendors and utilities to identify markets primed for immediate opportunity versus long-term development. By mapping deployment levels against regulatory environments, policy support, and infrastructure readiness, this Index offers a clear roadmap for prioritising market entry and investment strategies.
- Market Trends & Opportunities: In-depth appraisal of the technological, regulatory, and commercial forces reshaping the smart grid. It explores the impact of distributed energy resources, virtual power plants, and AI-driven intelligence, alongside evolving consumer and prosumer behaviour. These insights are tied directly to strategic recommendations; helping vendors and utilities turn trends into opportunities while mitigating risks and adoption barriers.
- Comprehensive Industry Forecasts: 5-year market sizing and forecasts covering deployment, revenue, energy cost savings, and emissions reductions. Includes detailed splits by smart meter connectivity technologies (4G, 5G, LTE-M, NB-IoT), and associated revenue; giving vendors clear insight into shifting demand, future roll-outs, and how to align product roadmaps with market opportunity.
- Juniper Research Competitor Leaderboard: Independent evaluation of 15 leading smart grid vendors; assessing their strengths, innovations, and overall market impact to identify the sector’s leaders and challengers.
Research Deliverables
Market Data & Forecasting Report
The numbers tell you what's happening, but our written report details why, alongside the methodologies.
Interactive Forecast Excel
Full 5-year forecasts for every available market metric provided in Excel format, with interactive 'What If' and scenario tools.
harvest Online Data Platform
Access the very latest data in our exclusive online data platform, harvest. All the data from Excel, with frequent updates and a more user-friendly interface.
Market Trends & Strategies Report
A comprehensive analysis of the current market landscape, alongside strategic recommendations.
Competitor Leaderboard Report
Provides a visual representation of the competitive positioning of the leaders within the market.
The market-leading research suite for the Smart Grid market includes access to the full set of market forecast data of 49 tables and more than 21,500 datapoints. Metrics in the research suite include:
- Smart Grid:
- Smart Grid Completion (%)
- Smart Grid Software Revenue ($m)
- Smart Grid Energy Savings (TWh)
- Smart Grid Energy Cost Savings ($m)
- Smart Grid Emissions Savings (MMT CO2e)
- Smart Grid Emissions Cost Savings ($m)
- Smart Metering:
- Smart Meters in Service (m)
- Smart Meter Shipments (m)
- Cellular Smart Meters (m)
- Smart Meter Data Usage (PB)
- Smart Meter SIMs (%) and Connectivity Revenue ($m), both split by:
- 2G
- 3G
- 4G
- 5G
- LTE-M
- NB-IoT
- Smart Meter Hardware Revenue ($m)
Juniper Research’s Interactive Forecast Excel contains the following functionality:
- Statistics Analysis: Users benefit from the ability to search for specific metrics; displayed for all regions and countries across the data period. Graphs are easily modified and can be exported to the clipboard.
- Country Data Tool: This tool lets users look at metrics for all key regions and countries in the forecast period. Users can refine the metrics displayed via a search bar.
- Country Comparison Tool: Users can select and compare different countries. The ability to export graphs is included in this tool.
- What-if Analysis: Here, users can compare forecast metrics against their own assumptions, via five interactive scenarios.
This report provides an in-depth assessment of the Smart Grid landscape; analysing the technological, regulatory and commercial forces that will shape the sector over the next five years. It examines the impact of distributed energy resources, virtual power plants, AI-driven grid intelligence, and cyber security, alongside evolving consumer and prosumer behaviour; highlighting how these trends will drive change across the market.
The study ties emerging challenges directly to strategic recommendations; ensuring vendors and utilities can translate disruption into actionable opportunities. It identifies the partnerships, business models, and technology pathways that will prove most effective, while also providing guidance on how stakeholders can overcome regulatory and operational barriers.
This Smart Grid market study includes a Competitor Leaderboard report; providing detailed evaluation and market positioning of 15 smart grid vendors. The vendors are positioned as established leaders, leading challengers, or disruptors and challengers, based on product and capability assessments.
Juniper Research’s Competitor Leaderboard for Smart Grid includes the following key players:
- ABB
- Cisco Systems
- Eaton
- Fujitsu
- GE Vernova
- Hitachi Energy
- Honeywell
- IBM
- Itron
- Landis+Gyr
- Oracle
- Panasonic
- Schneider Electric
- Siemens
- Tantalus
This report is centred around the Juniper Research Competitor Leaderboard; a vendor positioning tool that provides an at-a-glance view of the competitive landscape in a market, backed by robust methodology.
Why Choose Juniper Research?
Enterprise Licencing
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Outstanding Value
Make your budget stretch further as our research represents unrivalled value, with detailed written analysis and comprehensive 5-year forecasts included as standard with all of our data reports.
Expert Insight
With over 20 years of experience, our forecast database and research methodologies are well-established and trusted by market-leading organisations around the world.
Dedicated Support
Our team are ready to assist, whether you need to know more about a report before you buy, or you want to understand how we've arrived at our conclusions, just send us an email or pick up the phone.
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Pricing
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Market outlook & trends analysis