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| Market size in 2024 | US$ 28.6 billion |
Forecast Market size by 2030 | US$ 55.9 billion |
|---|---|---|---|
| Growth Rate | CAGR of 11.8% | Number of Pages | 137 Pages |
The global IoT in Utilities market size was valued at US$ 28.6 billion in 2024 and is projected to reach US$ 55.9 billion by 2030, at a CAGR of 11.8% during the forecast period 2024-2030.
United States IoT in Utilities market size was valued at US$ 8.2 billion in 2024 and is projected to reach US$ 15.4 billion by 2030, at a CAGR of 11.1% during the forecast period 2024-2030.
Implementation of Internet of Things technologies in utility services for improved efficiency and management.
Rapid growth driven by smart grid initiatives and demand for efficient resource management. Increasing focus on predictive maintenance and real-time monitoring in utility networks. Rising adoption of smart meters and connected devices in utility infrastructure.
Report Overview
This report provides a deep insight into the global IoT in Utilities market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global IoT in Utilities Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the IoT in Utilities market in any manner.
Global IoT in Utilities Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
| Report Attributes | Report Details |
|---|---|
| Report Title | Global IoT in Utilities Market Research Report 2024(Status and Outlook) |
| Market size in 2024 | US$ 28.6 billion |
| Forecast Market size by 2030 | US$ 55.9 billion |
| Growth Rate | CAGR of 11.8% |
| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year | 2023 |
| Forecast Year | 2031 |
| Number of Pages | 137 Pages |
| Customization Available | Yes, the report can be customized as per your need. |
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