According to a new report from the IoT analyst firm Berg Insight, yearly shipments of smart energy meters in Europe will reach a record level of 31.3 million units in 2018. Smart electricity meter shipments grew 16% compared to the previous year to 22.2 million units. At the same time, smart gas meter shipments increased 9% to 9.1 million units. Growth in both segments will be sustained into 2019 and 2020, driven by ongoing large-scale rollouts in multiple countries.