Smart Energy Metering Significantly Impacts Domestic Homes, States Euromonitor International in Its Report Available at MarketPublishers.com16 Jun 2016 • by Natalie Aster
LONDON – With consumers reevaluating their priorities and asking themselves more than ever what they really value, a slew of key consumer trends have come out: from the sharing economy to the precedence given to experience rather than possessions, to frugal innovation and trading up and down. This move toward new priorities, so-termed ‘The New Consumerism’, is having a bearing on a diversity of industry sectors and is in the power of transforming even more established markets.
The retail energy sector in the UK comes under increased focus as the urge to introduce smart meters into the homes in the country is about to start to the full extent. Smart metering further exemplifies how technology is anticipated to impact the style customers ‘consume’ and in this particular instance how they see their behaviour and energy use as it pertains to appliances and homes.
The New Consumerism blends many of the prevalent consumer trends of the present time, with these trends sharing many of the similar drivers. Gaining an in-depth understanding of these drivers and the trends is essential to reach consumers at present and in the future.
Comprehensive market research report “New Consumerism and Sharing: Future Power the Smart Meter Revolution” created by Euromonitor International explores the impact of smart energy metering on domestic homes. The study specifically focuses on the UK where smart meter roll-out is being on the way throughout 2016, along with providing a broader, global perspective. The research publication seeks to reveal how ‘The New Consumerism’, specifically in the form of frugal innovation, buying time as well as sharing economy with regard to data sharing will be an essential factor in turning leading markets upside down.
More reports by our market research partner are available at Euromonitor page.