Press release content from Business Wire. The AP news staff was not involved in its creation. Insight into the Smart Gas Meter Global Market to 2027 - Automatic Meter Reading and Bill Generation to Contribute to Growth - ResearchAndMarkets.com February 10, 2021 GMT DUBLIN--(BUSINESS WIRE)--Feb 10, 2021-- ADVERTISEMENT The global smart gas meter market size is expected to reach $5.99 billion by 2027 from $3.71 billion in 2019, growing at a CAGR of 6.9% from 2020 to 2027. The Internet of Things (IoT) ecosystem helps drive the smart gas meter market, as these can provide real-time data for various purposes and end-use industries such as residential, commercial, and industrial. By leveraging big data analytics, they can also shift from cutting costs as the main benefit of finding benefits for consumers and organizations. Some of the vendors are offering a wireless solution for smart gas metering, which consists of WAVIoT gas meters and the meter data management system that allows them to get the consumption reports from the meters remotely.