Global IoT in Utilities Market Key Finding, Market Impact, Latest Trends Analysis, Progression Status, Revenue and Forecast to 2029
North America is expected to lead the IoT in the utility market during the forecast period due to the increased adoption of advanced technologies and connected devices in countries like the US and Canada. The energy consumption of the US is expected to rise by 43% by 2022.
IoT in Utilities Market Report Overview
The report provides a comprehensive analysis of the current and future IoT in Utilities market scenario, including insights and updates on the key sectors. The report also provides an analysis of the demand for IoT in Utilities products and services across the world, as well as the manufacturing, income generation, sales, and revenue of the IoT in Utilities market. It also provides a fundamental analysis of the IoT in Utilities market, including the drivers, opportunities, trends, and restraints that are shaping the market.
IoT in Utilities Market value is projected to reach US$ 101.34 billion at the end of the forecast period and it is expected to grow at the CAGR of 13.5%.
IoT in Utilities Market Report Scope and Research Methodology
A combination of primary and secondary data has been used to gather information about the IoT in Utilities market for the report. Primary data is collected through interviews with IoT in Utilities industry experts and stakeholders, while secondary data is collected from government agencies, trade associations, and industry publications. It has used a bottom-up approach to estimate the IoT in Utilities market size. This approach involves starting with the individual market segments and then aggregating them to arrive at the overall IoT in Utilities market size. The report also provides detailed information on the capacity, manufacturing, price, cost, revenue, and market statistics, which helps stakeholders understand the financial performance of the key players in the IoT in Utilities industry.
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IoT in Utilities Market Regional Insights
The research covers a detailed analysis of the IoT in Utilities market size and dynamics in North America (United States, Canada, Mexico), Europe (Germany, France, Spain, Italy, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, Korea, ASEAN countries, rest of APAC) South America (Brazil, Argentina and Rest of South America) Middle East and Africa (South Africa, Egypt and Rest of MEA).
IoT in Utilities Market Segmentation
by Component
Platform
Solutions
Asset Monitoring Management
Safety and Security
Supervisory Control and Data Acquisition (SCADA)
Workforce Management
Network Management
Customer Information System (CIS) and Billing System
Services
Consulting
Integration and Deployment
Support and Maintenance
by Technology
Sensors
RFID
Connectivity Technology
by Application
Water and Wastewater Management
Gas Management
Electricity Grid Management
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IoT in Utilities Market Key Players
1. IBM
2. Oracle
3. Verizon
4. Cisco
5. Telit
6. Landis Gyr
7. Itron
8. Schneider Electric
9. Huawei
10. Trimble
11. Aclara
12. Trilliant
13. Energyworx
14. HCL
15. Altair
16. Actility
17. Waviot
18. Rayven
19. Saviant Consulting
20. ABB
21. Siemens
22. Honeywell
23. GE
24. GSMA
25. SAS
26. Comcast Corporation
27. Ericsson
28. Fujitsu
29. Sierra Wireless
30. AT&T
31. Sprint
32. Carina Technology
33. Hunt Power
34. Juniper Networks
35. Silicon Labs
36. Tantalus Systems
37. GridPoint
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Key questions answered in the IoT in Utilities Market are:
- What are IoT in Utilities market segments?
- What is the expected IoT in Utilities market size by the end of the forecast period?
- What is the expected CAGR of the IoT in Utilities market during the forecast period?
- What are the emerging trends in the IoT in Utilities Market?
- What are the factors contributing to the final price of IoT in Utilities?
- What are the major challenges that the IoT in Utilities Market could face in the future?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
- PESTLE Analysis and Porter’s Five Forces Analysis
- Key Findings
- Analyst Recommendations
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