Internet of Things (IoT) in Energy Market 2021 Analysis May Set New Growth Story, Forecast to 2027

The Internet of Things in the energy market was valued at USD 168.57 billion in 2020 and expected to reach USD 298.26 billion by 2026 and grow at a CAGR of 10% over the forecast period (2021-2026). The Internet of Things (IoT) is expected to make a significant impact on the energy sector. From monitoring the temperature of a room using sensors to complex applications that are used to control the energy use of an entire building, IoT helps in cost-cutting.

A full report of Internet of Things (IoT) in Energy Market is available at: https://www.orionmarketreports.com/internet-of-things-iot-in-energy-market/2024/

The major IoT in energy market vendors IBM (US), Actility (France), ABB (Switzerland), SAP (Germany), Cisco Systems (US), Siemens (Germany), Intel (US), AGT International (Switzerland), Altair Engineering (US), Flutura (US), Davra Networks (US), Wind River (US), Schneider Electric (France), HCL Technologies (India), Aclara (US), Rockwell Automation (US), Bosch (Germany), smartGAS (Germany), Trimble (US), and Infosys (India).

Internet of Things (IoT) in Energy Market –Segmentation

By Component:

• Platform
• Solutions
• Services

By Solution:

• Asset Management
• Safety
• Connected Logistics
• Compliance and Risk Management
• Data Management and Analytics
• SCADA
• Mobile Workforce Management
• Network Management
• Energy Management

By Service:

• Consulting
• Integration and Deployment
• Support and Maintenance

By Network Technology

• Cellular Network
• Satellite Network
• Radio Network
• Others

By Application:

• Oil and Gas
• Coal Mining
• Smart Grid

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Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Internet of Things (IoT) in Energy Market Report

• What was the Internet of Things (IoT) in Energy Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Internet of Things (IoT) in Energy Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Internet of Things (IoT) in Energy Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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This release was published on openPR.