Mobile Experts has released a new report titled Smart Utility Meters 2016. Constructed with the customary arsenal of sharp facts and stats, this report lays out a clear description of IoT connectivity for utility metering, including comparison of 15 different technologies and a deep look at the business model and market growth. This application will be very different from other IoT functions, and the business model reflects a rapidly evolving market.
Unlike many other IoT markets, the Smart Utility Meter market is well underway. About 48 million smart meters are currently deployed per year. In this report, Mobile Experts has compared PLC, 802.15.4 mesh, Wi-Fi, licensed narrowband (FSK), and cellular technologies in order to demonstrate the full range of this market’s potential. The Mobile Experts analysts break down why some technologies are losing ground in the smart meter area, and why other technologies will lunge ahead. The Mobile Experts analyst team is well positioned to assess the impact of new NB-IoT technology on the entrenched competition in the smart meter marketplace.
“The Smart Utility Meter market started with Automatic Meter Reading (AMR) as a way to reduce labor cost,” explained Joe Madden, principal analyst at Mobile Experts LLC. “More recent Advanced Metering Infrastructure (AMI) has opened up much more value for utilities, as they can control individual service, offer differentiated pricing, and manage their services more effectively.”
“This study is the next step in the Mobile Experts IoT Series, in which we are making hard-nosed technology comparisons for very specific applications and also matching up companies with business models in each IoT market,” said Madden. “This 50-page study is a good example of how Mobile Experts dives deeper than other analyst firms to show the fundamental limitations of technology and a comprehensive view of business factors.”