Global Organization
2.2.1 Existing System A: IoT Based Smart Energy Meter. (Sahani, Ravi, Tamboli In this paper, the researchers introduced an idea which is an IoT based smart meter using an Arduino to solve the problems of labor intensive and eliminate the human error occur.
The meter is used to monitor units consumed, estimated cost, Line Voltage and current consumed. Simple web application named IoT Gecko shows the Live Output of these reading over the IOT This enables user to effortlessly check the units consumed, estimated cost, Line Voltage and current consumed Live from anywhere through the site.
Cellular IoT connectivity for smart meters – Long battery life, high reliability, security and efficiency. With IoT increasingly becoming part of the everyday environment, smart meters are expected to be installed in 60% of homes worldwide by 2028.
Smart meters, which include smart water meters, gas meters and electricity meters, are becoming the industry standard as they offer better management of energy networks, improve forecasting and customer service and enable more efficient energy usage for consumers. The global market is expected to reach nearly $28.6 billion by 2025.
Cellular IoT (LTE-M and NB-IoT) presents an ideal solution for smart meter connectivity due to its lower TCO (total cost of ownership), high-efficiency, best in class security, guaranteed service over time, ubiquitous coverage, global reach, long-term capabilities and the backing of MNOs.
Sony’s Altair cellular IoT chipsets are largely deployed in Japan, consistently proving low power capabilities and long battery life for gas meters in real life conditions, including extreme weather conditions and rural areas with limited coverage.
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Sony''s Altair cellular IoT chipsets meet long-term demands to ensure sustained connectivity of smart meters for power, gas, & water. Ultra low power and 10+ years battery life.
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Table 59. World NB-IoT Smart Meter Average Price by Application (2019-2024) & (US$/Unit) Table 60. World NB-IoT Smart Meter Average Price by Application (2025-2030) & (US$/Unit) …
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