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Advanced Metering and Smart Technologies Propel Smart Grid Market Expansion
The global smart grid market was valued at USD 70.5 Bn in 2024 and is projected to reach USD 400.2 Bn by the end of 2035, expanding at a robust CAGR of 17.1% from 2025 to 2035. Market growth is driven by rising investments in grid modernization, increasing integration of renewable energy sources, growing demand for energy efficiency, and the adoption of advanced metering infrastructure (AMI)...
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