Berg Insight says 62.0 million European households will have smart gas meters by 2022

According to a new report from the M2M/IoT analyst firm Berg Insight, the installed base of smart gas meters in Europe will grow at a compound annual growth rate of 37.8% between 2016 and 2022 to reach 62.0 million units at the end of the period.

Deployments of smart gas meters on the European market accelerated in 2017 as the number of installed devices reached 17.3 million. The growth is mainly driven by nationwide rollouts in France, Italy, the Netherlands and the UK.

Italy is the largest market with annual demand projected to peak at more than 5 million units towards the end of the decade. France entered the mass-rollout phase in 2017 and the UK market is expected to take off in 2018. In the Netherlands, the full-scale rollout is already underway and will continue until the early 2020s.

Tobias Ryberg

The European smart gas meters use a variety of communication methods, including fixed RF networks and local interfaces to master electricity meters. Short-range radio communication using the 169 MHz frequency band is the de-facto industry networking standard in France and Italy where smart gas meters are deployed independently of smart electricity meters.

In the UK and the Netherlands, local wired or wireless interfaces are used for transmitting readings via the customer’s smart electricity meters. Several vendors have performed successful trials of using NB-IoT networks for connecting smart gas meters in the past year.

“Berg Insight expects that smart gas metring will become one of the first high-volume applications for NB-IoT”, said Tobias Ryberg, senior analyst, Berg Insight. “The combination of low data volumes and the need for 10+ year battery operation is an ideal match”.

 Comment on this article below or via Twitter: @IoTNow_OR @jcIoTnow

RECENT ARTICLES

VOZIQ AI sets AI retention strategy for Hawx

Posted on: April 15, 2024

VOZIQ AI recently concluded the executive review meeting with Hawx’s leadership team, where VOZIQ AI’s chief data scientist, Vasudeva Akula, rolled out a 365-day roadmap for proactive customer experience management, proactive renewals and loyalty management, using AI driven insights for each customer.

Read more

How dr Lana Burrell reached the top of pharma

Posted on: April 12, 2024

No one climbs Everest alone – It is undoubtedly safer to climb with a team. A buddy keeps an eye on you as you climb higher, understands emergency signals and creates a better environment.

Read more
FEATURED IoT STORIES

What is IoT? A Beginner’s Guide

Posted on: April 5, 2023

What is IoT? IoT, or the Internet of Things, refers to the connection of everyday objects, or “things,” to the internet, allowing them to collect, transmit, and share data. This interconnected network of devices transforms previously “dumb” objects, such as toasters or security cameras, into smart devices that can interact with each other and their

Read more

The IoT Adoption Boom – Everything You Need to Know

Posted on: September 28, 2022

In an age when we seem to go through technology boom after technology boom, it’s hard to imagine one sticking out. However, IoT adoption, or the Internet of Things adoption, is leading the charge to dominate the next decade’s discussion around business IT. Below, we’ll discuss the current boom, what’s driving it, where it’s going,

Read more

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, home automation using iot is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more

5 challenges still facing the Internet of Things

Posted on: June 3, 2020

The Internet of Things (IoT) has quickly become a huge part of how people live, communicate and do business. All around the world, web-enabled devices are turning our world into a more switched-on place to live.

Read more