Berg Insight has calculated that the number of smart electricity meters installed across the USA and Canada will grow at a compound annual growth rate of 22.5% between 2010 and 2016, reaching 87.4 million in five years.
This means that smart meter penetration among residential electricity customers in North America will have increased from around 20% now to more than 50% by the end of 2016. By 2020, approaching 100% smart meter penetration is expected.
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