Smart Meters Chipset Market to Expand at 7.78% CAGR by 2032

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The Smart Meters Chipset market is rapidly evolving as the global demand for energy efficiency, accurate billing, and improved utility management systems increases. As of 2023, the market size for Smart Meters Chipsets is valued at approximately USD 2.29 billion. Looking forward, this sector is poised for significant growth, with projections indicating an increase to USD 2.47 billion in 2024 and reaching USD 4.5 billion by 2032.