The global Internet of Things (IoT) in Energy and Utility Applications market size was valued at US$ 24700 million in 2023. With growing demand in downstream market, the Internet of Things (IoT) in Energy and Utility Applications is forecast to a readjusted size of US$ 59830 million by 2030 with a CAGR of 13.5% during review period.
The research report highlights the growth potential of the global Internet of Things (IoT) in Energy and Utility Applications market. Internet of Things (IoT) in Energy and Utility Applications are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Internet of Things (IoT) in Energy and Utility Applications. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Internet of Things (IoT) in Energy and Utility Applications market.
The internet of things, or IoT, is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers (UIDs) and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.
According to our research, the number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China's data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.
Key Features:
The report on Internet of Things (IoT) in Energy and Utility Applications market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Internet of Things (IoT) in Energy and Utility Applications market. It may include historical data, market segmentation by Type (e.g., Hardware, Software), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Internet of Things (IoT) in Energy and Utility Applications market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Internet of Things (IoT) in Energy and Utility Applications market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Internet of Things (IoT) in Energy and Utility Applications industry. This include advancements in Internet of Things (IoT) in Energy and Utility Applications technology, Internet of Things (IoT) in Energy and Utility Applications new entrants, Internet of Things (IoT) in Energy and Utility Applications new investment, and other innovations that are shaping the future of Internet of Things (IoT) in Energy and Utility Applications.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Internet of Things (IoT) in Energy and Utility Applications market. It includes factors influencing customer ' purchasing decisions, preferences for Internet of Things (IoT) in Energy and Utility Applications product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Internet of Things (IoT) in Energy and Utility Applications market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Internet of Things (IoT) in Energy and Utility Applications market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Internet of Things (IoT) in Energy and Utility Applications market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Internet of Things (IoT) in Energy and Utility Applications industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Internet of Things (IoT) in Energy and Utility Applications market.
Market Segmentation:
Internet of Things (IoT) in Energy and Utility Applications market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Hardware
Software
Service
Segmentation by application
Water and Sewage Management
Public Utility Natural Gas Management
Power Grid Management
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cisco Systems
Actility
Itron
Fujitsu
General Electric
Honeywell
IBM
Oracle
Qualcomm
Robert Bosch
SAP
Teradata
Intel
Telit
Uptake
Teltonika Networks
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Internet of Things (IoT) in Energy and Utility Applications Market Size 2019-2030
2.1.2 Internet of Things (IoT) in Energy and Utility Applications Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Internet of Things (IoT) in Energy and Utility Applications Segment by Type
2.2.1 Hardware
2.2.2 Software
2.2.3 Service
2.3 Internet of Things (IoT) in Energy and Utility Applications Market Size by Type
2.3.1 Internet of Things (IoT) in Energy and Utility Applications Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Internet of Things (IoT) in Energy and Utility Applications Market Size Market Share by Type (2019-2024)
2.4 Internet of Things (IoT) in Energy and Utility Applications Segment by Application
2.4.1 Water and Sewage Management
2.4.2 Public Utility Natural Gas Management
2.4.3 Power Grid Management
2.5 Internet of Things (IoT) in Energy and Utility Applications Market Size by Application
2.5.1 Internet of Things (IoT) in Energy and Utility Applications Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Internet of Things (IoT) in Energy and Utility Applications Market Size Market Share by Application (2019-2024)
3 Internet of Things (IoT) in Energy and Utility Applications Market Size by Player
3.1 Internet of Things (IoT) in Energy and Utility Applications Market Size Market Share by Players
3.1.1 Global Internet of Things (IoT) in Energy and Utility Applications Revenue by Players (2019-2024)
3.1.2 Global Internet of Things (IoT) in Energy and Utility Applications Revenue Market Share by Players (2019-2024)
3.2 Global Internet of Things (IoT) in Energy and Utility Applications Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Internet of Things (IoT) in Energy and Utility Applications by Regions
4.1 Internet of Things (IoT) in Energy and Utility Applications Market Size by Regions (2019-2024)
4.2 Americas Internet of Things (IoT) in Energy and Utility Applications Market Size Growth (2019-2024)
4.3 APAC Internet of Things (IoT) in Energy and Utility Applications Market Size Growth (2019-2024)
4.4 Europe Internet of Things (IoT) in Energy and Utility Applications Market Size Growth (2019-2024)
4.5 Middle East & Africa Internet of Things (IoT) in Energy and Utility Applications Market Size Growth (2019-2024)
5 Americas
5.1 Americas Internet of Things (IoT) in Energy and Utility Applications Market Size by Country (2019-2024)
5.2 Americas Internet of Things (IoT) in Energy and Utility Applications Market Size by Type (2019-2024)
5.3 Americas Internet of Things (IoT) in Energy and Utility Applications Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Internet of Things (IoT) in Energy and Utility Applications Market Size by Region (2019-2024)
6.2 APAC Internet of Things (IoT) in Energy and Utility Applications Market Size by Type (2019-2024)
6.3 APAC Internet of Things (IoT) in Energy and Utility Applications Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Internet of Things (IoT) in Energy and Utility Applications by Country (2019-2024)
7.2 Europe Internet of Things (IoT) in Energy and Utility Applications Market Size by Type (2019-2024)
7.3 Europe Internet of Things (IoT) in Energy and Utility Applications Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Internet of Things (IoT) in Energy and Utility Applications by Region (2019-2024)
8.2 Middle East & Africa Internet of Things (IoT) in Energy and Utility Applications Market Size by Type (2019-2024)
8.3 Middle East & Africa Internet of Things (IoT) in Energy and Utility Applications Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Internet of Things (IoT) in Energy and Utility Applications Market Forecast
10.1 Global Internet of Things (IoT) in Energy and Utility Applications Forecast by Regions (2025-2030)
10.1.1 Global Internet of Things (IoT) in Energy and Utility Applications Forecast by Regions (2025-2030)
10.1.2 Americas Internet of Things (IoT) in Energy and Utility Applications Forecast
10.1.3 APAC Internet of Things (IoT) in Energy and Utility Applications Forecast
10.1.4 Europe Internet of Things (IoT) in Energy and Utility Applications Forecast
10.1.5 Middle East & Africa Internet of Things (IoT) in Energy and Utility Applications Forecast
10.2 Americas Internet of Things (IoT) in Energy and Utility Applications Forecast by Country (2025-2030)
10.2.1 United States Internet of Things (IoT) in Energy and Utility Applications Market Forecast
10.2.2 Canada Internet of Things (IoT) in Energy and Utility Applications Market Forecast
10.2.3 Mexico Internet of Things (IoT) in Energy and Utility Applications Market Forecast
10.2.4 Brazil Internet of Things (IoT) in Energy and Utility Applications Market Forecast
10.3 APAC Internet of Things (IoT) in Energy and Utility Applications Forecast by Region (2025-2030)
10.3.1 China Internet of Things (IoT) in Energy and Utility Applications Market Forecast
10.3.2 Japan Internet of Things (IoT) in Energy and Utility Applications Market Forecast
10.3.3 Korea Internet of Things (IoT) in Energy and Utility Applications Market Forecast
10.3.4 Southeast Asia Internet of Things (IoT) in Energy and Utility Applications Market Forecast
10.3.5 India Internet of Things (IoT) in Energy and Utility Applications Market Forecast
10.3.6 Australia Internet of Things (IoT) in Energy and Utility Applications Market Forecast
10.4 Europe Internet of Things (IoT) in Energy and Utility Applications Forecast by Country (2025-2030)
10.4.1 Germany Internet of Things (IoT) in Energy and Utility Applications Market Forecast
10.4.2 France Internet of Things (IoT) in Energy and Utility Applications Market Forecast
10.4.3 UK Internet of Things (IoT) in Energy and Utility Applications Market Forecast
10.4.4 Italy Internet of Things (IoT) in Energy and Utility Applications Market Forecast
10.4.5 Russia Internet of Things (IoT) in Energy and Utility Applications Market Forecast
10.5 Middle East & Africa Internet of Things (IoT) in Energy and Utility Applications Forecast by Region (2025-2030)
10.5.1 Egypt Internet of Things (IoT) in Energy and Utility Applications Market Forecast
10.5.2 South Africa Internet of Things (IoT) in Energy and Utility Applications Market Forecast
10.5.3 Israel Internet of Things (IoT) in Energy and Utility Applications Market Forecast
10.5.4 Turkey Internet of Things (IoT) in Energy and Utility Applications Market Forecast
10.5.5 GCC Countries Internet of Things (IoT) in Energy and Utility Applications Market Forecast
10.6 Global Internet of Things (IoT) in Energy and Utility Applications Forecast by Type (2025-2030)
10.7 Global Internet of Things (IoT) in Energy and Utility Applications Forecast by Application (2025-2030)
11 Key Players Analysis
11.1 Cisco Systems
11.1.1 Cisco Systems Company Information
11.1.2 Cisco Systems Internet of Things (IoT) in Energy and Utility Applications Product Offered
11.1.3 Cisco Systems Internet of Things (IoT) in Energy and Utility Applications Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Cisco Systems Main Business Overview
11.1.5 Cisco Systems Latest Developments
11.2 Actility
11.2.1 Actility Company Information
11.2.2 Actility Internet of Things (IoT) in Energy and Utility Applications Product Offered
11.2.3 Actility Internet of Things (IoT) in Energy and Utility Applications Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Actility Main Business Overview
11.2.5 Actility Latest Developments
11.3 Itron
11.3.1 Itron Company Information
11.3.2 Itron Internet of Things (IoT) in Energy and Utility Applications Product Offered
11.3.3 Itron Internet of Things (IoT) in Energy and Utility Applications Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Itron Main Business Overview
11.3.5 Itron Latest Developments
11.4 Fujitsu
11.4.1 Fujitsu Company Information
11.4.2 Fujitsu Internet of Things (IoT) in Energy and Utility Applications Product Offered
11.4.3 Fujitsu Internet of Things (IoT) in Energy and Utility Applications Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Fujitsu Main Business Overview
11.4.5 Fujitsu Latest Developments
11.5 General Electric
11.5.1 General Electric Company Information
11.5.2 General Electric Internet of Things (IoT) in Energy and Utility Applications Product Offered
11.5.3 General Electric Internet of Things (IoT) in Energy and Utility Applications Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 General Electric Main Business Overview
11.5.5 General Electric Latest Developments
11.6 Honeywell
11.6.1 Honeywell Company Information
11.6.2 Honeywell Internet of Things (IoT) in Energy and Utility Applications Product Offered
11.6.3 Honeywell Internet of Things (IoT) in Energy and Utility Applications Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Honeywell Main Business Overview
11.6.5 Honeywell Latest Developments
11.7 IBM
11.7.1 IBM Company Information
11.7.2 IBM Internet of Things (IoT) in Energy and Utility Applications Product Offered
11.7.3 IBM Internet of Things (IoT) in Energy and Utility Applications Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 IBM Main Business Overview
11.7.5 IBM Latest Developments
11.8 Oracle
11.8.1 Oracle Company Information
11.8.2 Oracle Internet of Things (IoT) in Energy and Utility Applications Product Offered
11.8.3 Oracle Internet of Things (IoT) in Energy and Utility Applications Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Oracle Main Business Overview
11.8.5 Oracle Latest Developments
11.9 Qualcomm
11.9.1 Qualcomm Company Information
11.9.2 Qualcomm Internet of Things (IoT) in Energy and Utility Applications Product Offered
11.9.3 Qualcomm Internet of Things (IoT) in Energy and Utility Applications Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Qualcomm Main Business Overview
11.9.5 Qualcomm Latest Developments
11.10 Robert Bosch
11.10.1 Robert Bosch Company Information
11.10.2 Robert Bosch Internet of Things (IoT) in Energy and Utility Applications Product Offered
11.10.3 Robert Bosch Internet of Things (IoT) in Energy and Utility Applications Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Robert Bosch Main Business Overview
11.10.5 Robert Bosch Latest Developments
11.11 SAP
11.11.1 SAP Company Information
11.11.2 SAP Internet of Things (IoT) in Energy and Utility Applications Product Offered
11.11.3 SAP Internet of Things (IoT) in Energy and Utility Applications Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 SAP Main Business Overview
11.11.5 SAP Latest Developments
11.12 Teradata
11.12.1 Teradata Company Information
11.12.2 Teradata Internet of Things (IoT) in Energy and Utility Applications Product Offered
11.12.3 Teradata Internet of Things (IoT) in Energy and Utility Applications Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 Teradata Main Business Overview
11.12.5 Teradata Latest Developments
11.13 Intel
11.13.1 Intel Company Information
11.13.2 Intel Internet of Things (IoT) in Energy and Utility Applications Product Offered
11.13.3 Intel Internet of Things (IoT) in Energy and Utility Applications Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 Intel Main Business Overview
11.13.5 Intel Latest Developments
11.14 Telit
11.14.1 Telit Company Information
11.14.2 Telit Internet of Things (IoT) in Energy and Utility Applications Product Offered
11.14.3 Telit Internet of Things (IoT) in Energy and Utility Applications Revenue, Gross Margin and Market Share (2019-2024)
11.14.4 Telit Main Business Overview
11.14.5 Telit Latest Developments
11.15 Uptake
11.15.1 Uptake Company Information
11.15.2 Uptake Internet of Things (IoT) in Energy and Utility Applications Product Offered
11.15.3 Uptake Internet of Things (IoT) in Energy and Utility Applications Revenue, Gross Margin and Market Share (2019-2024)
11.15.4 Uptake Main Business Overview
11.15.5 Uptake Latest Developments
11.16 Teltonika Networks
11.16.1 Teltonika Networks Company Information
11.16.2 Teltonika Networks Internet of Things (IoT) in Energy and Utility Applications Product Offered
11.16.3 Teltonika Networks Internet of Things (IoT) in Energy and Utility Applications Revenue, Gross Margin and Market Share (2019-2024)
11.16.4 Teltonika Networks Main Business Overview
11.16.5 Teltonika Networks Latest Developments
12 Research Findings and Conclusion
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*If Applicable.