NEW YORK, Nov. 16, 2016 /PRNewswire/ -- A regional study of the electricity metering and smart grid market in the South Asia region, excluding India (76 pages + PowerPoint + dataset). The study covers the four countries of Pakistan, Sri Lanka, Bangladesh and Nepal. The region will invest $5.7bn in smart metering over the next decade with $2.4bn invested in additional smart grid segments. The South Asian region is poised for a decade of strong, continuous economic growth. However, South Asian countries' power sectors face a diversity of challenges that could limit overall economic growth potential. These countries' utilities must invest in new sources of generation as well as transmission and distribution (T&D) infrastructure to ensure reliability, but many utilities are financially unsustainable. Smart grid and advanced metering (both prepaid and AMI) infrastructurewill be critical for utilities to ensure revenue protection in the region with the highest T&D losses in the world, while simultaneously allowing utilities to address generation and reliability issues. Advanced metering plans are now already in place and by 2026, 79% of all meters in South Asia (excluding India) will be either AMI or non-communicating prepaid meters. At the same time, smart grid in South Asia faces many challenges, and actual deployments to-date have been limited. Most notably, per-capita electricity consumption (excluding India) is the lowest in the world. In per-capita consumption terms, the cost of advanced meters may be prohibitively high in some areas. Additionally, political and security risk concerns may limit large-scale investments. Multilateral funding is helping to address these concerns, providing financing and improving confidence that projects will be carried out. Once projects begin, South Asia's current low installed base of advanced meters means that there will be rapid growth opportunities throughout the next decade.