Smart-meter software forecast points to $12.65 billion global market by 2035, with Oracle listed among major players

Smart meters are generating far more than monthly consumption reads. They create continuous streams of usage and device data that utilities and energy retailers must store, secure, clean, and analyze across millions of connected endpoints, including legacy meters being upgraded over time. A market report circulating through Yahoo Finance forecasts that the smart meter data management market will grow from $2.49 billion in 2025 to $12.65 billion by 2035, a pace that, if realized, would make data platforms for metering one of the faster-expanding segments inside utility technology.

The report frames the opportunity around several demand drivers. It points to AI-driven edge analytics, where computing is performed closer to the meter or local network rather than only in centralized systems. It also emphasizes cloud platforms and related services, reflecting utilities’ ongoing shift from on-premises infrastructure toward hosted data pipelines and operational tools.

The outlook further ties growth to the complex transition of meter fleets. It cites both “legacy-meter cellular retrofits,” meaning upgrades that add connectivity capabilities to older meter models, and “next-gen residential solutions,” which refers to newer deployments designed to increase automation and improve the timeliness of data. In that context, smart meter data management is positioned as the software and services layer that makes meter data usable for billing, outage management, demand response, and operational planning.

Within the report’s company roster, Oracle appears among the named technology providers, alongside firms that span metering hardware, networking, and utility IT systems. Other companies profiled include Landis+Gyr, Itron, Siemens, and Schneider Electric, with the remainder of the field comprising 48 additional players. While the Yahoo Finance post does not provide granular coverage of each vendor’s specific offerings, it indicates that the market is populated by both software and metering-adjacent suppliers.

For Oracle, the headline takeaway from the post is its inclusion as a company working in the smart meter ecosystem, rather than a disclosed contract win or a new product launch. Oracle’s public disclosures often tie utility digitization to cloud, data, and analytics capabilities, but this particular Yahoo Finance item does not enumerate which product lines or programs are being credited in the forecast.

The report’s structure suggests that utilities will increasingly value systems that can handle large volumes of high-frequency meter data while supporting security, reliability, and integration with downstream applications. That matters because smart meter programs typically involve multiple stakeholders, including communications providers, utilities’ field operations, and enterprise IT teams responsible for customer systems.

A caveat: the Yahoo Finance post is focused on the market forecast and company profiling, and it does not include supporting methodology details, regional breakdowns, pricing assumptions, or the specific revenue contributions tied to Oracle or other named vendors. It also does not disclose whether the forecast reflects primary research from buyers, vendor submissions, or desk-based modeling, which can affect how confidently readers should interpret the growth path.

Looking ahead, the most practical way to assess whether this market trajectory is playing out will be to watch for utility rollouts that require modern data platforms, especially programs that combine connectivity upgrades with data integration and analytics. Investors and industry watchers may also look for evidence in enterprise software spending patterns, such as renewed momentum in cloud-based utility data environments and deployments that accelerate at the edge. Until more detail emerges from the underlying report, the forecast should be treated as an indicator of where spending attention may be headed, not as a confirmation of near-term financial results for any single vendor.