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The internet of things, or IoT, is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers (UIDs) and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.
Rising adoption of cloud platforms across the sector coupled with government initiatives for smart grid modernization across the US, UK, China and India provides lucrative growth opportunities to the IoT in utility market.
Market Analysis and Insights: Global Internet of Things (IoT) in Energy and Utility Applications Market
The research report studies the Internet of Things (IoT) in Energy and Utility Applications market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Internet of Things (IoT) in Energy and Utility Applications market size is projected to reach US$ 59910 million by 2027, from US$ 25250 million in 2020, at a CAGR of 13.0% during 2021-2027.
Global Internet of Things (IoT) in Energy and Utility Applications Scope and Segment
The global Internet of Things (IoT) in Energy and Utility Applications market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Internet of Things (IoT) in Energy and Utility Applications market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.
Segment by Type
Analytics
Security
Smart Grid Management
Predictive Asset Maintenance
Segment by Application
Water And Sewage Management
Public Utility Natural Gas Management
Power Grid Management
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Cisco Systems
Comcast
Ericsson
Fujitsu
General Electric
Honeywell
IBM
Oracle
Qualcomm
Robert Bosch
SAP
Teradata
Rising adoption of cloud platforms across the sector coupled with government initiatives for smart grid modernization across the US, UK, China and India provides lucrative growth opportunities to the IoT in utility market.
Market Analysis and Insights: Global Internet of Things (IoT) in Energy and Utility Applications Market
The research report studies the Internet of Things (IoT) in Energy and Utility Applications market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Internet of Things (IoT) in Energy and Utility Applications market size is projected to reach US$ 59910 million by 2027, from US$ 25250 million in 2020, at a CAGR of 13.0% during 2021-2027.
Global Internet of Things (IoT) in Energy and Utility Applications Scope and Segment
The global Internet of Things (IoT) in Energy and Utility Applications market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Internet of Things (IoT) in Energy and Utility Applications market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.
Segment by Type
Analytics
Security
Smart Grid Management
Predictive Asset Maintenance
Segment by Application
Water And Sewage Management
Public Utility Natural Gas Management
Power Grid Management
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Cisco Systems
Comcast
Ericsson
Fujitsu
General Electric
Honeywell
IBM
Oracle
Qualcomm
Robert Bosch
SAP
Teradata
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
