Global Internet of Things (IoT) in Utility Market Growth (Status and Outlook) 2024-2030

Publication ID:

LPI09244160

Publication Date:

September 9, 2024

Pages:

118

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

IT Services [2]

Software [3]

Computing & Electronics [4]

Description:

The global Internet of Things (IoT) in Utility market size was valued at US$ 35470 million in 2023. With growing demand in downstream market, the Internet of Things (IoT) in Utility is forecast to a readjusted size of US$ 77000 million by 2030 with a CAGR of 11.7% during review period.
The research report highlights the growth potential of the global Internet of Things (IoT) in Utility market. Internet of Things (IoT) in Utility 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 Utility. 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 Utility market.
Emergence of cloud-based platforms and declining cost of Internet of Things (IoT) components will drive the adoption of IoT-based software solutions in utility sector.
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 Utility 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 Utility market. It may include historical data, market segmentation by Type (e.g., Analytics, Security), 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 Utility 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 Utility 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 Utility industry. This include advancements in Internet of Things (IoT) in Utility technology, Internet of Things (IoT) in Utility new entrants, Internet of Things (IoT) in Utility new investment, and other innovations that are shaping the future of Internet of Things (IoT) in Utility.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Internet of Things (IoT) in Utility market. It includes factors influencing customer ' purchasing decisions, preferences for Internet of Things (IoT) in Utility product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Internet of Things (IoT) in Utility market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Internet of Things (IoT) in Utility 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 Utility 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 Utility 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 Utility market.
Market Segmentation:
Internet of Things (IoT) in Utility 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
Analytics
Security
Smart Grid Management
Predictive Asset Maintenance
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.
SILVERS SPRING NETWORKS
TRILLIANT
OSISOFT
C3 ENERGY
ENERGYWORX SOLUTIONS & SERVICES B.V.
CRYPTOSOFT
TIBBO TECHNOLOGY
AMPLIA SOLUCIONES
WAVIOT
GRID4C
PEOPLE POWER

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

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 Utility Market Size 2019-2030
2.1.2 Internet of Things (IoT) in Utility Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Internet of Things (IoT) in Utility Segment by Type
2.2.1 Analytics
2.2.2 Security
2.2.3 Smart Grid Management
2.2.4 Predictive Asset Maintenance
2.3 Internet of Things (IoT) in Utility Market Size by Type
2.3.1 Internet of Things (IoT) in Utility Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Internet of Things (IoT) in Utility Market Size Market Share by Type (2019-2024)
2.4 Internet of Things (IoT) in Utility 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 Utility Market Size by Application
2.5.1 Internet of Things (IoT) in Utility Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Internet of Things (IoT) in Utility Market Size Market Share by Application (2019-2024)
3 Internet of Things (IoT) in Utility Market Size by Player
3.1 Internet of Things (IoT) in Utility Market Size Market Share by Players
3.1.1 Global Internet of Things (IoT) in Utility Revenue by Players (2019-2024)
3.1.2 Global Internet of Things (IoT) in Utility Revenue Market Share by Players (2019-2024)
3.2 Global Internet of Things (IoT) in Utility 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 Utility by Regions
4.1 Internet of Things (IoT) in Utility Market Size by Regions (2019-2024)
4.2 Americas Internet of Things (IoT) in Utility Market Size Growth (2019-2024)
4.3 APAC Internet of Things (IoT) in Utility Market Size Growth (2019-2024)
4.4 Europe Internet of Things (IoT) in Utility Market Size Growth (2019-2024)
4.5 Middle East & Africa Internet of Things (IoT) in Utility Market Size Growth (2019-2024)
5 Americas
5.1 Americas Internet of Things (IoT) in Utility Market Size by Country (2019-2024)
5.2 Americas Internet of Things (IoT) in Utility Market Size by Type (2019-2024)
5.3 Americas Internet of Things (IoT) in Utility 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 Utility Market Size by Region (2019-2024)
6.2 APAC Internet of Things (IoT) in Utility Market Size by Type (2019-2024)
6.3 APAC Internet of Things (IoT) in Utility 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 Utility by Country (2019-2024)
7.2 Europe Internet of Things (IoT) in Utility Market Size by Type (2019-2024)
7.3 Europe Internet of Things (IoT) in Utility 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 Utility by Region (2019-2024)
8.2 Middle East & Africa Internet of Things (IoT) in Utility Market Size by Type (2019-2024)
8.3 Middle East & Africa Internet of Things (IoT) in Utility 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 Utility Market Forecast
10.1 Global Internet of Things (IoT) in Utility Forecast by Regions (2025-2030)
10.1.1 Global Internet of Things (IoT) in Utility Forecast by Regions (2025-2030)
10.1.2 Americas Internet of Things (IoT) in Utility Forecast
10.1.3 APAC Internet of Things (IoT) in Utility Forecast
10.1.4 Europe Internet of Things (IoT) in Utility Forecast
10.1.5 Middle East & Africa Internet of Things (IoT) in Utility Forecast
10.2 Americas Internet of Things (IoT) in Utility Forecast by Country (2025-2030)
10.2.1 United States Internet of Things (IoT) in Utility Market Forecast
10.2.2 Canada Internet of Things (IoT) in Utility Market Forecast
10.2.3 Mexico Internet of Things (IoT) in Utility Market Forecast
10.2.4 Brazil Internet of Things (IoT) in Utility Market Forecast
10.3 APAC Internet of Things (IoT) in Utility Forecast by Region (2025-2030)
10.3.1 China Internet of Things (IoT) in Utility Market Forecast
10.3.2 Japan Internet of Things (IoT) in Utility Market Forecast
10.3.3 Korea Internet of Things (IoT) in Utility Market Forecast
10.3.4 Southeast Asia Internet of Things (IoT) in Utility Market Forecast
10.3.5 India Internet of Things (IoT) in Utility Market Forecast
10.3.6 Australia Internet of Things (IoT) in Utility Market Forecast
10.4 Europe Internet of Things (IoT) in Utility Forecast by Country (2025-2030)
10.4.1 Germany Internet of Things (IoT) in Utility Market Forecast
10.4.2 France Internet of Things (IoT) in Utility Market Forecast
10.4.3 UK Internet of Things (IoT) in Utility Market Forecast
10.4.4 Italy Internet of Things (IoT) in Utility Market Forecast
10.4.5 Russia Internet of Things (IoT) in Utility Market Forecast
10.5 Middle East & Africa Internet of Things (IoT) in Utility Forecast by Region (2025-2030)
10.5.1 Egypt Internet of Things (IoT) in Utility Market Forecast
10.5.2 South Africa Internet of Things (IoT) in Utility Market Forecast
10.5.3 Israel Internet of Things (IoT) in Utility Market Forecast
10.5.4 Turkey Internet of Things (IoT) in Utility Market Forecast
10.5.5 GCC Countries Internet of Things (IoT) in Utility Market Forecast
10.6 Global Internet of Things (IoT) in Utility Forecast by Type (2025-2030)
10.7 Global Internet of Things (IoT) in Utility Forecast by Application (2025-2030)

11 Key Players Analysis
11.1 SILVERS SPRING NETWORKS
11.1.1 SILVERS SPRING NETWORKS Company Information
11.1.2 SILVERS SPRING NETWORKS Internet of Things (IoT) in Utility Product Offered
11.1.3 SILVERS SPRING NETWORKS Internet of Things (IoT) in Utility Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 SILVERS SPRING NETWORKS Main Business Overview
11.1.5 SILVERS SPRING NETWORKS Latest Developments
11.2 TRILLIANT
11.2.1 TRILLIANT Company Information
11.2.2 TRILLIANT Internet of Things (IoT) in Utility Product Offered
11.2.3 TRILLIANT Internet of Things (IoT) in Utility Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 TRILLIANT Main Business Overview
11.2.5 TRILLIANT Latest Developments
11.3 OSISOFT
11.3.1 OSISOFT Company Information
11.3.2 OSISOFT Internet of Things (IoT) in Utility Product Offered
11.3.3 OSISOFT Internet of Things (IoT) in Utility Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 OSISOFT Main Business Overview
11.3.5 OSISOFT Latest Developments
11.4 C3 ENERGY
11.4.1 C3 ENERGY Company Information
11.4.2 C3 ENERGY Internet of Things (IoT) in Utility Product Offered
11.4.3 C3 ENERGY Internet of Things (IoT) in Utility Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 C3 ENERGY Main Business Overview
11.4.5 C3 ENERGY Latest Developments
11.5 ENERGYWORX SOLUTIONS & SERVICES B.V.
11.5.1 ENERGYWORX SOLUTIONS & SERVICES B.V. Company Information
11.5.2 ENERGYWORX SOLUTIONS & SERVICES B.V. Internet of Things (IoT) in Utility Product Offered
11.5.3 ENERGYWORX SOLUTIONS & SERVICES B.V. Internet of Things (IoT) in Utility Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 ENERGYWORX SOLUTIONS & SERVICES B.V. Main Business Overview
11.5.5 ENERGYWORX SOLUTIONS & SERVICES B.V. Latest Developments
11.6 CRYPTOSOFT
11.6.1 CRYPTOSOFT Company Information
11.6.2 CRYPTOSOFT Internet of Things (IoT) in Utility Product Offered
11.6.3 CRYPTOSOFT Internet of Things (IoT) in Utility Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 CRYPTOSOFT Main Business Overview
11.6.5 CRYPTOSOFT Latest Developments
11.7 TIBBO TECHNOLOGY
11.7.1 TIBBO TECHNOLOGY Company Information
11.7.2 TIBBO TECHNOLOGY Internet of Things (IoT) in Utility Product Offered
11.7.3 TIBBO TECHNOLOGY Internet of Things (IoT) in Utility Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 TIBBO TECHNOLOGY Main Business Overview
11.7.5 TIBBO TECHNOLOGY Latest Developments
11.8 AMPLIA SOLUCIONES
11.8.1 AMPLIA SOLUCIONES Company Information
11.8.2 AMPLIA SOLUCIONES Internet of Things (IoT) in Utility Product Offered
11.8.3 AMPLIA SOLUCIONES Internet of Things (IoT) in Utility Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 AMPLIA SOLUCIONES Main Business Overview
11.8.5 AMPLIA SOLUCIONES Latest Developments
11.9 WAVIOT
11.9.1 WAVIOT Company Information
11.9.2 WAVIOT Internet of Things (IoT) in Utility Product Offered
11.9.3 WAVIOT Internet of Things (IoT) in Utility Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 WAVIOT Main Business Overview
11.9.5 WAVIOT Latest Developments
11.10 GRID4C
11.10.1 GRID4C Company Information
11.10.2 GRID4C Internet of Things (IoT) in Utility Product Offered
11.10.3 GRID4C Internet of Things (IoT) in Utility Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 GRID4C Main Business Overview
11.10.5 GRID4C Latest Developments
11.11 PEOPLE POWER
11.11.1 PEOPLE POWER Company Information
11.11.2 PEOPLE POWER Internet of Things (IoT) in Utility Product Offered
11.11.3 PEOPLE POWER Internet of Things (IoT) in Utility Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 PEOPLE POWER Main Business Overview
11.11.5 PEOPLE POWER Latest Developments
12 Research Findings and Conclusion

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