Global IoT Utilities Market Size, Status And Forecast 2019-2025 | ABB, Bosch Software Innovations, Cisco Systems, General Electric, Hitachiexertions.The utility industry continues to face difficulty related to the complexity and high costs associated with maintaining their assets. Increasing incidents of cyber threats poses significant challenge to the industry growth. IoT technology is witnessing huge adoption in industries to remote monitoring of assets, pre-identification of faults and restoring without actually visiting the facility. Also, the implementation of the technology for electricity grid management is helping the companies to achieve their goals of efficiency, reliability and environmental responsibility.
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When the utility industry adopts IoT, it is creating new opportunities to connect with the consumer, with the grid, and with the world. Suddenly there is an influx of data streaming into the utility that they can harness to make decisions. For example, companies can utilize home automation to monitor consumer use, then adjust access as necessary. They can gather information on how to deliver services, manage infrastructure, and continue to meet consumer needs.
In 2018, the global IoT Utilities market size was 4000 million US$ and it is expected to reach 4000 million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global IoT Utilities status, future forecast, growth opportunity, key market and key players. The study objectives are to present the IoT Utilities development in United States, Europe and China.
The key players covered in this study: ABB, Bosch Software Innovations, Cisco Systems, General Electric, Hitachi, Honeywell International, Huawei Technologies, IBM Corporation, Intel Corporation, Microsoft Corporation, NEC Corporation
Market segment by Type, the product can be split into: Sensor, Rfid, Connectivity Technologies
Market segment by Application, split into: Electricity Grid Management, Gas Management, Water and Waste Management
Market segment by Regions/Countries, this report covers: United States, Europe, China, Japan, Southeast Asia, India, Central & South America
The study objectives of this report are:
To analyze global IoT Utilities status, future forecast, growth opportunity, key market and key players.
To present the IoT Utilities development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
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In this study, the years considered to estimate the market size of IoT Utilities are as follows: History Year: 2014-2018, Base Year: 2018, Estimated Year: 2019, Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global IoT Utilities Market Size Growth Rate by Type (2014-2025)
1.4.4 Connectivity Technologies
1.5 Market by Application
1.5.1 Global IoT Utilities Market Share by Application (2014-2025)
1.5.2 Electricity Grid Management
1.5.3 Gas Management
1.5.4 Water and Waste Management
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 IoT Utilities Market Size
2.2 IoT Utilities Growth Trends by Regions
2.2.1 IoT Utilities Market Size by Regions (2014-2025)
2.2.2 IoT Utilities Market Share by Regions (2014-2019)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities
3 Market Share by Key Players
3.1 IoT Utilities Market Size by Manufacturers
3.1.1 Global IoT Utilities Revenue by Manufacturers (2014-2019)
3.1.2 Global IoT Utilities Revenue Market Share by Manufacturers (2014-2019)
3.1.3 Global IoT Utilities Market Concentration Ratio (CR5 and HHI)
3.2 IoT Utilities Key Players Head office and Area Served
3.3 Key Players IoT Utilities Product/Solution/Service
3.4 Date of Enter into IoT Utilities Market
3.5 Mergers & Acquisitions, Expansion Plans
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