Top Advanced Metering Infrastructure Companies

Global Advanced Metering Infrastructure Market size was valued at USD 7.01 Billion in 2024 and is poised to grow from USD 7.79 Billion in 2025 to USD 18.21 Billion by 2033, growing at a CAGR of 11.2% during the forecast period (2026–2033). 

The global advanced metering infrastructure industry is highly competitive, with key players focusing on strategic initiatives such as partnerships, mergers and acquisitions, product innovations, and global expansions to strengthen their market presence. Companies are increasingly investing in R&D to develop advanced smart meters, communication modules, and integrated software platforms that offer enhanced energy management and two-way communication capabilities. For example, in January 2024, Itron collaborated with Microsoft to integrate its AMI solutions with Microsoft's cloud-based analytics platform, aiming to offer real-time data processing, predictive analytics, and enhanced grid management tools to utilities. 'Itron, Inc. (U.S.) ', 'Landis+Gyr Group AG (Switzerland) ', 'Honeywell International Inc. (U.S.) ', 'Siemens AG (Germany) ', 'General Electric Company (U.S.) ', 'Sensus (Xylem Inc.) (U.S.) ', 'Kamstrup A/S (Denmark) ', 'Aclara Technologies LLC (U.S.) ', 'Schneider Electric SE (France) ', 'Elster Group GmbH (Germany) ', 'Toshiba Corporation (Japan) ', 'Oracle Utilities (U.S.) ', 'Silver Spring Networks (U.S.) ', 'Wasion Group Holdings Limited (China) ', 'ZTE Corporation (China) ', 'Toshiba T&D Corporation (Japan) ', 'Nuri Telecom Co., Ltd. (South Korea) ', 'EDMI Limited (Singapore) ', 'Echelon Corporation (U.S.) '

The increasing push toward smart grids is a major growth driver for AMI. Governments and utilities are investing heavily in modernizing their electrical infrastructure to optimize grid operations and reduce energy losses. AMI systems serve as a foundation for smart grids, enabling real-time data collection, automated meter reading, and dynamic energy pricing. In April 2024, the U.S. Department of Energy launched a $3.5 billion smart grid modernization program, which includes widespread deployment of AMI systems across multiple states to improve grid reliability and outage management.

Integration of Artificial Intelligence and Predictive Analytics: AI is transforming how AMI systems operate by enabling predictive maintenance, energy theft detection, and consumption forecasting. With AI, utilities can make smarter, real-time decisions to improve efficiency and reduce operational costs. GridIntelli, a 2024 startup, launched an AI-powered AMI analytics platform that helped utilities in Canada detect anomalies and predict peak loads, reducing system downtime by 25%.

North America continues to lead in the deployment of advanced metering infrastructure, driven by a mature utility landscape, robust investments in smart grid modernization, and strong regulatory support. The region’s extensive rollout of smart meters integrated with advanced Meter Data Management and analytics platforms has enabled utilities to achieve enhanced operational efficiency, accurate billing, and improved customer engagement. Continuous innovations in cloud connectivity, real-time monitoring, and outage management have cemented North America’s position as a technology leader in AMI solutions, positioning the region for sustained growth and strategic market leadership.