Smart Metering In Latin America And The Caribbean - 3Rd Edition Market Analysis And Forecasts To 2030
Dublin, Sept. 11, 2026 (GLOBE NEWSWIRE) -- "Smart Metering in Latin America and the Caribbean - 3rd Edition" has been added to ResearchAndMarkets.com's offering.
Smart Metering in Latin America and the Caribbean is a comprehensive strategic market report examining the latest developments in smart electricity and gas metering across the region. Spanning more than 200 pages, the report delivers six-year industry forecasts, expert analysis, country-level market intelligence and case studies designed to support utilities, technology providers, telecom operators, investors, consultants and government agencies.
The research provides in-depth coverage of Argentina, the Bahamas, Barbados, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Jamaica, Mexico, Panama, Paraguay, Peru, Puerto Rico, Trinidad and Tobago, and Uruguay. It also assesses national energy policies, utility investment strategies, communications technologies, competitive dynamics and the outlook for large-scale smart meter deployments.
Latin America and the Caribbean represent a substantial growth opportunity for the smart metering industry. The region has more than 223 million electricity customers but continues to report a significantly lower smart meter penetration rate than East Asia, Europe and North America. Annual electricity meter demand ranges from 20 million to 30 million units, with Brazil and Mexico accounting for more than 65 percent of the total. Reducing non-technical electricity losses, including losses associated with energy theft, remains one of the principal drivers of utility investment.
The installed base of smart electricity meters in Latin America and the Caribbean is forecast to increase from 17.3 million units in 2024 to 61.3 million units in 2030, representing a compound annual growth rate of 23.5 percent. Approximately 48.5 million new smart electricity meters are expected to be installed between 2024 and 2030. Annual shipments are projected to rise from 2.8 million units in 2024 to nearly 11.3 million units in 2030, while regional smart meter penetration is forecast to advance from 7.7 percent to 24.8 percent.
Brazil and Mexico will generate a large share of new installations, while Argentina, Colombia, Ecuador and Peru are expected to increase their contributions to annual shipment volumes. Brazil is particularly important to the regional smart metering market, with approximately 94 million electricity users and smart meter penetration of just 6.5 percent in 2024. New legislation and government policies are encouraging large-scale deployment, while utilities including Cemig, COPEL, Enel and CPFL are expanding investments in advanced metering infrastructure. Brazil is forecast to account for more than half of all smart electricity meter shipments in the region during the forecast period.
South America accounts for around 70 percent of the region's electricity users and approximately 60 percent of its installed smart electricity meters. It is also expected to be the fastest-growing subregional market through 2030. Uruguay has emerged as a leader following the near completion of state-owned utility UTE's nationwide rollout by the end of 2024. In Argentina, the installed base is projected to grow more than six-fold, from approximately 730,000 meters in 2024 to more than 4.6 million in 2030.
Colombia is expected to record significant growth through deployments led by Grupo EPM and Enel Colombia, despite previous policy uncertainty. Peru remains an emerging market, but recent regulatory developments have created a foundation for a proposed large-scale rollout in the late 2020s. Smart metering investment is also forecast to increase in Ecuador. Chile's market outlook will depend heavily on greater regulatory clarity, while Bolivia and Paraguay are expected to record moderate growth and remain focused primarily on pilot projects.
Central America remains a comparatively nascent smart metering market, although several countries are making measurable progress. Costa Rica has achieved smart meter penetration of more than 50 percent, while Honduras ended 2024 with over 500,000 installed units. Belize launched a nationwide rollout in 2024 that is scheduled for completion within three years. El Salvador, Guatemala and Panama are expected to expand deployments gradually, supported by utility initiatives and policy developments. In Mexico, state-owned utility CFE continues its program to replace basic electronic and electromechanical meters with smart meters.
Caribbean utilities were among the region's earliest adopters. Trinidad and Tobago and Puerto Rico are proceeding with a second wave of smart meter installations, while Barbados has deployed smart meters for effectively all customers. Jamaica has surpassed a 75 percent penetration rate. The Bahamas is preparing to begin a smart meter rollout, and installations in the Dominican Republic are expected to increase in alignment with the country's national electricity loss reduction plan.
Report highlights:
- Detailed smart metering market profiles for 22 countries and territories across Latin America and the Caribbean. New smart electricity meter forecasts through 2030, including installed-base, shipment and penetration projections. Analysis of national energy policies, regulatory frameworks and market-liberalisation reforms. Assessment of next-generation PLC, RF and cellular communications technologies for smart grids. Profiles of leading smart metering solution providers and major electricity and gas utilities. Country-level analysis of current deployments, planned rollouts and utility investment strategies. Case studies covering smart metering projects undertaken by leading energy groups. Evaluation of the regional outlook for smart electricity and smart gas metering adoption.
Key questions addressed:
- How are national energy policies influencing smart meter adoption? What is the deployment status of major utilities across the region? How are energy market reforms reshaping the utility sector? Which countries are leading the adoption of smart gas metering? Which communications technologies are being selected for smart meter networks? Who are the leading smart metering solution providers in Latin America and the Caribbean? What is the outlook for first-wave and next-generation smart meter rollouts? Which electricity and gas utilities are most important in each national market?
Who should read this report?
Smart Metering in Latin America and the Caribbean is an essential source of business intelligence on the transformation of the region's electricity and gas metering sectors. The report provides actionable insights for smart meter vendors, utilities, communications providers, investors, consultants, policymakers and government agencies seeking to understand market growth, technology adoption, regulatory developments and commercial opportunities through 2030.
Key Topics Covered:
1 Smart Metering Solutions
1.1 Introduction to smart grids
1.2 Smart metering
1.2.1 Smart metering applications
1.2.2 Smart metering infrastructure
1.2.3 Benefits of smart metering
1.3 Project strategies
1.3.1 System design and sourcing
1.3.2 Rollout and integration
1.3.3 Implementation and operation
1.3.4 Communication with customers
1.4 Regulatory issues
1.4.1 Models for the introduction of smart meters
1.4.2 Standardisation
1.4.3 Individual rights issues
2 IoT Networks and Communications Technologies
2.1 IoT network technologies
2.1.1 Network architectures
2.1.2 Unlicensed and licensed frequency bands
2.2 PLC technology and standards
2.2.1 International standards organisations
2.2.2 G3-PLC
2.2.3 PRIME
2.2.4 Meters & More
2.3 3GPP cellular and LPWA technologies
2.3.1 2G/3G/4G/5G cellular technologies and IoT
2.3.2 NB-IoT and LTE-M
2.3.3 The role of cellular networks in smart meter communications
2.3.4 LoRa and LoRaWAN
2.3.5 Sigfox
2.4 IEEE 802.15.4-based RF
2.4.1 IEEE 802.15.4
2.4.2 Wi-SUN
2.4.3 Proprietary IPv6 connectivity stacks based on 802.15.4
3 Smart Metering Industry Players
3.1 Meter vendors
3.1.1 Itron
3.1.2 Landis+Gyr
3.1.3 Aclara (Hubbell)
3.1.4 Discar
3.1.5 Elgama Elektronika (Linyang Energy)
3.1.6 Gridspertise
3.1.7 Hexing Electrical
3.1.8 Holley Technology
3.1.9 Honeywell (Elster)
3.1.10 Iskraemeco
3.1.11 KAIFA Technology
3.1.12 Networked Energy Services
3.1.13 Sagemcom
3.1.14 Silexis
3.1.15 Sanxing Electric (Nansen)
3.1.16 Wasion
3.1.17 WEG Group
3.1.18 ZIV
3.2 Communications solution providers
3.2.1 Aviat Networks (4RF)
3.2.2 Corinex
3.2.3 NuriFlex
3.2.4 Tantalus Systems
3.2.5 Trilliant
3.3 Software solution providers
3.3.1 Fluentgrid
3.3.2 Harris Utilities
3.3.3 Indra (Minsait)
3.3.4 EPAM Neoris
3.3.5 SAP
3.3.6 Siemens
3.4 System integrators and communications service providers
3.4.1 Accenture
3.4.2 America Movil
3.4.3 Ativa Solucoes
3.4.4 CAS Tecnologia
3.4.5 Cisco
3.4.6 IBM
3.4.7 NTT
3.4.8 Telefonica
3.4.9 Telecom Italia (TIM)
3.4.10 Tropico
4 Market Profiles
4.1 Regional summary
4.2 Argentina
4.2.1 Electricity and gas utility industry structure
4.2.2 Metering regulatory environment and smart metering market developments
4.3 Bahamas
4.3.1 Electricity utility industry structure
4.3.2 Metering regulatory environment and smart metering market developments
4.4 Barbados
4.4.1 Electricity utility industry structure
4.4.2 Metering regulatory environment and smart metering market developments
4.5 Belize
4.5.1 Electricity utility industry structure
4.5.2 Metering regulatory environment and smart metering market developments
4.6 Bolivia
4.6.1 Electricity utility industry structure
4.6.2 Metering regulatory environment and smart metering market developments
4.7 Brazil
4.7.1 Electricity industry structure
4.7.2 Gas utility industry structure
4.7.3 Metering regulatory environment and smart metering market developments
4.7.4 Smart metering market developments
4.8 Chile
4.8.1 Electricity and gas utility industry structure
4.8.2 Metering regulatory environment and smart metering market developments
4.9 Colombia
4.9.1 Electricity and gas utility industry structure
4.9.2 Metering regulatory environment and smart metering market developments
4.10 Costa Rica
4.10.1 Electricity utility industry structure
4.10.2 Metering regulatory environment and smart metering market developments
4.11 Dominican Republic
4.11.1 Electricity utility industry structure
4.11.2 Metering regulatory environment and smart metering market developments
4.12 Ecuador
4.12.1 Electricity utility industry structure
4.12.2 Metering regulatory environment and smart metering market developments
4.13 El Salvador
4.13.1 Electricity utility industry structure
4.13.2 Metering regulatory environment and smart metering market developments
4.14 Guatemala
4.14.1 Electricity utility industry structure
4.14.2 Metering regulatory environment and smart metering market developments
4.15 Honduras
4.15.1 Electricity and gas utility industry structure
4.15.2 Metering regulatory environment and smart metering market developments
4.16 Jamaica
4.16.1 Electricity utility industry structure
4.16.2 Metering regulatory environment and smart metering market developments
4.17 Mexico
4.17.1 Electricity and gas utility industry structure
4.17.2 Metering regulatory environment and smart metering market developments
4.18 Panama
4.18.1 Electricity utility industry structure
4.18.2 Metering regulatory environment and smart metering market developments
4.19 Paraguay
4.19.1 Electricity utility industry structure
4.19.2 Metering regulatory environment and smart metering market developments
4.20 Peru
4.20.1 Electricity and gas utility industry structure
4.20.2 Metering regulatory environment and smart metering market developments
4.21 Puerto Rico
4.21.1 Electricity utility industry structure
4.21.2 Metering regulatory environment and smart metering market developments
4.22 Trinidad and Tobago
4.22.1 Electricity utility industry structure
4.22.2 Metering regulatory environment and smart metering market developments
4.23 Uruguay
4.23.1 Electricity and gas utility industry structure
4.23.2 Metering regulatory environment and smart metering market developments
5 Market Analysis
5.1 Smart electricity metering
5.2 Market forecasts
5.2.1 Argentina
5.2.2 Bahamas
5.2.3 Barbados
5.2.4 Belize
5.2.5 Bolivia
5.2.6 Brazil
5.2.7 Chile
5.2.8 Colombia
5.2.9 Costa Rica
5.2.10 Dominican Republic
5.2.11 Ecuador
5.2.12 El Salvador
5.2.13 Guatemala
5.2.14 Honduras
5.2.15 Jamaica
5.2.16 Mexico
5.2.17 Panama
5.2.18 Paraguay
5.2.19 Peru
5.2.20 Puerto Rico
5.2.21 Trinidad and Tobago
5.2.22 Uruguay
5.3 Industry analysis and technology trends
5.3.1 Technology vendors
5.3.2 Technology trends
5.4 Smart gas metering
6 Case Studies
6.1 Cemig
6.2 COPEL
6.3 Grupo ICE
6.4 Light
6.5 UTE
List of Acronyms and Abbreviations
List of Figures
Figure 1.1: Smart metering infrastructure
Figure 1.2: Examples of smart electricity meters
Figure 2.1: Standard model for smart grid communications networks
Figure 2.2: Alternative model for smart grid communications networks
Figure 2.3: Unlicensed and reserved radio frequencies available for wireless IoT
Figure 2.4: Selected members of the G3-PLC Alliance by industry
Figure 2.5: Selected members of the PRIME Alliance by industry
Figure 2.6: Selected members of the Meters & More Association by industry
Figure 2.7: Comparison of LTE-M and NB-IoT specifications
Figure 2.8: Public LoRaWAN network operators in Latin America (Q2-2025)
Figure 2.9: Sigfox network partners in Latin America (Q2-2025)
Figure 2.10: Selected members of the Wi-SUN Alliance by industry
Figure 2.11: Major 802.15.4 networking platforms for smart metering (Q1-2025)
Figure 3.1: Major energy meter vendor company data (FY2024/2025)
Figure 4.1: Top 30 electricity DSOs in Latin America (2024)
Figure 4.2: Top 15 natural gas distributors in Latin America (2024)
Figure 4.3: Top 20 electricity DSOs in Argentina (2024)
Figure 4.4: List of natural gas distributors in Argentina (2024)
Figure 4.5: Electricity DSOs in the Bahamas
Figure 4.6: Largest electricity DSOs in Bolivia (2024)
Figure 4.7: Electricity DSOs in Brazil by size (2024)
Figure 4.8: The largest electricity DSOs in Brazil (2024)
Figure 4.9: The number of residential gas users in Brazil (2012-2024)
Figure 4.10: Top 10 natural gas distributors in Brazil (2024)
Figure 4.11: The largest electricity DSOs in Chile (2024)
Figure 4.12: The largest natural gas distributors in Chile (2024)
Figure 4.13: Top 20 electricity DSOs in Colombia (2024)
Figure 4.14: Top 3 natural gas distributors in Colombia (2024)
Figure 4.15: Electricity DSOs in Costa Rica (2024)
Figure 4.16: Electricity DSOs in the Dominican Republic (2024)
Figure 4.17: Top 10 largest electricity DSOs in Ecuador (2024)
Figure 4.18: Top electricity DSOs in El Salvador (2024)
Figure 4.19: Largest electricity DSOs in Guatemala (2024)
Figure 4.20: The number of electricity users by state in Mexico (2024)
Figure 4.21: Top natural gas distributors in Mexico (2024)
Figure 4.22: Panamanian electricity DSOs (2024)
Figure 4.23: Smart metering targets in SNE's digitalisation roadmap
Figure 4.24: Top 10 electricity DSOs in Peru (2024)
Figure 4.25: Natural gas distributors in Peru (2024)
Figure 5.1: Smart electricity meter shipments (LAC 2024-2030)
Figure 5.2: Smart electricity meter installed base (LAC 2024-2030)
Figure 6.1: ICE's smart metering coverage
A selection of companies mentioned in this report includes, but is not limited to:
- Accenture Aclara (Hubbell) America Movil Ativa Solucoes Aviat Networks (4RF) CAS Tecnologia Cisco Copel Corinex Discar Elgama Elektronika (Linyang Energy) EPAM Neoris Fluentgrid Gridspertise Grupo ICE Harris Utilities Hexing Electrical Holley Technology Honeywell (Elster) IBM Indra (Minsait) Iskraemeco Itron KAIFA Technology Landis+Gyr Light Networked Energy Services NTT NuriFlex Sagemcom Sanxing Electric (Nansen) SAP Siemens Silexis Tantalus Systems Telecom Italia (TIM) Telefonica Trilliant Tropico UTE Wasion WEG Group ZIV
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