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US IoT Energy Market Size, Analysis, Supply, Demand, Cost Structure and Forecast 2019 to 2025

02-10-2020 12:27 PM CET | Energy & Environment

Press release from: Orion Market Research

US IoT Energy Market

US IoT Energy Market

US IoT energy market is expected to witness a significant growth with the CAGR of approximately 20% during the forecast period. IoT has enabled the concept of smartness in every from the grid to the city. The insight derived from data collected from connected devices can enhance productivity and efficiency as well as they can improve real-time decision making. It can also be used to develop new services, solve critical problems and create innovative experiences. Various numbers of advances in M2M/ IoT technology has been a part of energy sector such as initiated energy-efficient innovations driven by Big Data analytics as well as M2M/ IoT Application Platforms. Smart meters based on the energy-saving IoT played are widely used globally.

Get Sample Copy of US IoT Energy Market at: https://www.omrglobal.com/request-sample/us-iot-energy-market

Some of the major players operating in the US IoT energy market include IBM Corp., Intel Corp., Gemalto NV, HCL Technologies and others.

Additionally, IoT based M2M solutions enable interaction, resource sharing and interoperability between different domains. IoT technology addresses focuses on energy grids and smart Grids and its key issues such as failure in distribution network, grid security, line losses, and overloading. Depletion of energy resources day by day, global focus has been shifting in order to conserve energy and green energy usage with the deployment of IoT solutions. These applications enable power utilities to control assets from a random geographical location at any time. Additionally, IoT technology offers sophisticated solutions for renewable energy sector and its key issues such as renewable energy installations, fault management, plant monitoring, and performance monitoring.

For More Information, get A full report of US IoT Energy is available at: https://www.omrglobal.com/industry-reports/us-iot-energy-market

US IoT energy market is segmented on the basis of solution type and end-user. Based on the solution type, the market is segmented into asset maintenance, connected logistics, monitoring and management, iot analytics, and others. Based on the end-user, the market is segmented into oil & gas, mining, wind, solar, and others.

US IoT Energy Market Segmentation

US IoT Energy Market by Solution Type

o Asset Maintenance
o Connected Logistics
o Monitoring and Management
o IoT Analytics
o Others

US IoT Energy Market by End-User

o Oil & Gas
o Mining
o Wind
o Solar
o Others

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/us-iot-energy-market

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Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 7803040404

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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