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This report provides an overview of the smart meter installed base on a regional basis and the key trends that will drive the smart meter forecast for the period 2015 to 2020. The report provides in-depth analysis of the smart electricity meter deployment with granular country level data and highlights some of the key trends observed in this market. Communication technology used to connect the smart meters has to go through strict QoS requirements and often requires regulatory approval before smart meters are deployed by utilities. The projections in this report include the adoption of communication technologies used in smart meters in various regions and countries, analyzing the various characteristics that are driving utilities choice of the technology. In regions where smart meter deployments are more mature, the report explores the different applications adopted by utilities. As building blocks of the smart grid, smart meters are paving the way for the wider automation of distribution grid. Utilities that are in more advanced stages of their smart meter deployments are implementing more innovative solutions to improve the efficiency of the distribution grid. The report covers drivers and challenges in the adoption of more advanced applications such as demand response, outage management, and voltage optimization.
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