In the article, the authors revealed that the European energy market has been fundamentally transformed towards the implementation of smart grid technologies. Moreover, the authors discovered that smart energy technologies have a ubiquitous application on the European energy market which is a case for the single energy strategy. It has been outlined that the main benefits of smart grids technologies realization are the increased quality and reliability of power supply that ensure energy

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... on the European market. The article specifically focuses on two segments of the European smart energy market, namely on smart grids and smart metering devices which constitute the core of intellectually-based market model. The authors explored and analyzed the existing smart metering market model related to the European countries. The article in addition includes the economic estimation of top growth segments of the European smart energy market. The authors presented a statistical evidence for estimation of future smart energy market trends.