Report overview
Emergence of cloud-based platforms and declining cost of Internet of Things (IoT) components will drive the adoption of IoT-based software solutions in utility sector.
This report aims to provide a comprehensive presentation of the global market for Internet of Things (IoT) in Utility, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Internet of Things (IoT) in Utility. This report contains market size and forecasts of Internet of Things (IoT) in Utility in global, including the following market information:
Global Internet of Things (IoT) in Utility Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global top five companies in 2023 (%)
The global Internet of Things (IoT) in Utility market was valued at US$ 37300 million in 2023 and is projected to reach US$ 76500 million by 2029, at a CAGR of 10.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Factors such as predictive analytics for business, conducive analytics platforms, and end-to-end automation are expected to contribute toward the growth of the analytical solutions.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Internet of Things (IoT) in Utility companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Internet of Things (IoT) in Utility Market, by Type, 2019-2024, 2024-2029 ($ millions)
Global Internet of Things (IoT) in Utility Market Segment Percentages, by Type, 2023 (%)
Analytics
Security
Smart Grid Management
Predictive Asset Maintenance
Global Internet of Things (IoT) in Utility Market, by Application, 2019-2024, 2024-2029 ($ millions)
Global Internet of Things (IoT) in Utility Market Segment Percentages, by Application, 2023 (%)
Water And Sewage Management
Public Utility Natural Gas Management
Power Grid Management
Global Internet of Things (IoT) in Utility Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions)
Global Internet of Things (IoT) in Utility Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Internet of Things (IoT) in Utility revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Internet of Things (IoT) in Utility revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
SILVERS SPRING NETWORKS
TRILLIANT
OSISOFT
C3 ENERGY
ENERGYWORX SOLUTIONS & SERVICES B.V.
CRYPTOSOFT
TIBBO TECHNOLOGY
AMPLIA SOLUCIONES
WAVIOT
GRID4C
PEOPLE POWER
Outline of Major Chapters:
Chapter 1: Introduces the definition of Internet of Things (IoT) in Utility, market overview.
Chapter 2: Global Internet of Things (IoT) in Utility market size in revenue.
Chapter 3: Detailed analysis of Internet of Things (IoT) in Utility company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Internet of Things (IoT) in Utility in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
