Internet of Things Utility Market

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.

Internet of Things Utility Market 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. Internet of Things Utility Market 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.