Press release
Global IoT Market in Energy Grid Management to grow at a CAGR of 35.71% during the period 2017-2021
The objectives of this study are as follows:
To define, describe, and forecast the "IoT Market in Energy Grid Management" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
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About IoT in Energy Grid Management
The Industrial Internet of Things (IIoT) is a term used to define the interconnection of industrial manufacturing and process equipment using IoT technologies. It represents the application of the latest digital information technologies for industrial activities. IIoT begins with sensors, which take analog information and convert it to digital data. The sensors transmit data to an on-site server for storage and analysis. This helps the administration of the company or business organization to take real-time decisions to improve the efficiency of output and increase the inbound revenue.
Technavios analysts forecast the global IoT market in energy grid management to grow at a CAGR of 35.71% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global IoT market in energy grid management for 2017-2021. To calculate the market size, the report considers new installations of software and hardware solutions, and services market.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global IoT Market in Energy Grid Management 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Accenture
Cisco
Intel
Schneider Electric
Siemens
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Other prominent vendors
Actility
Bosch Software Innovations
Huawei
Sierra Wireless
Texas Instruments
ThingWorx
Market driver
Individualized customer preferences
For a full, detailed list, view our report
Market challenge
Concerns regarding data and network security
For a full, detailed list, view our report
Market trend
Adoption of smart grid networks
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by application
Market overview
Global IoT market in energy grid management by generation
Global IoT market in energy grid management by transmission
Global IoT market in energy grid management by substation automation
Global IoT market in energy grid management by distribution
PART 07: Market segmentation by solution
Market overview
Global IoT market in energy grid management by hardware segment
Global IoT market in energy grid management by software segment
Global IoT market in energy grid management by services segment
PART 08: Geographical segmentation
Market outline
IoT market in energy grid management in Americas
IoT market in energy grid management in APAC
IoT market in energy grid management in EMEA
PART 09: Decision framework
PART 10: Drivers and challenges
Market drivers
Market challenges
PART 11: Market trends
Adoption of smart grid networks
Increase in M&A activities
Use of smart meters
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PART 12: Vendor landscape
Competitive analysis
Other prominent vendors
PART 13: Key vendor analysis
Accenture
Cisco
Intel
Schneider Electric
Siemens
PART 14: Appendix
List of abbreviations
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