The global IoT in utilities market is expected to grow from USD 3.5 billion in 2016 to USD 12.2 billion by 2030, at a CAGR of 18.6% during the forecast period. The market is driven by factors such as increasing demand for smart grid and smart metering solutions, growing need for energy efficiency and conservation, and increasing investments in renewable energy sources.
The power management segment accounted for the largest share of the global IoT in utilities market in 2016, followed by water management segment. The power management segment is expected to continue its dominance throughout the forecast period due to increased investments on smart grid infrastructure and rising demand for energy efficiency solutions across various industries including manufacturing, transportation & logistics, mining & construction sectors among others.
Industry Growth Insights published a new data on “IoT in Utilities Market”. The research report is titled “IoT in Utilities Market research by Types (On-Premise, Cloud-based, IoT in Utilitie), By Applications (Power Management, Water Management, Others), By Players/Companies IBM, ABB, Siemens, Honeywell, GE, Oracle, Verizon, Cisco, Vodafone, Telit, Landis Gyr, Itron, Schneider Electric, Huawei, Trimble, Aclara, Trilliant, Energyworx, HCL, Altair, Actility, Waviot, Rayven, Saviant Consulting, IoT in Utilitie”.
Scope Of The Report
Report Attributes
Report Details
Report Title
IoT in Utilities Market Research Report
By Type
On-Premise, Cloud-based, IoT in Utilitie
By Application
Power Management, Water Management, Others
By Companies
IBM, ABB, Siemens, Honeywell, GE, Oracle, Verizon, Cisco, Vodafone, Telit, Landis Gyr, Itron, Schneider Electric, Huawei, Trimble, Aclara, Trilliant, Energyworx, HCL, Altair, Actility, Waviot, Rayven, Saviant Consulting, IoT in Utilitie
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global IoT in Utilities Market Report Segments:
The global IoT in Utilities market is segmented on the basis of:
Types
On-Premise, Cloud-based, IoT in Utilitie
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Power Management, Water Management, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IBM
- ABB
- Siemens
- Honeywell
- GE
- Oracle
- Verizon
- Cisco
- Vodafone
- Telit
- Landis Gyr
- Itron
- Schneider Electric
- Huawei
- Trimble
- Aclara
- Trilliant
- Energyworx
- HCL
- Altair
- Actility
- Waviot
- Rayven
- Saviant Consulting
- IoT in Utilitie
Highlights of The IoT in Utilities Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- On-Premise
- Cloud-based
- IoT in Utilitie
- By Application:
- Power Management
- Water Management
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the IoT in Utilities Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
IoT in Utilities refers to the use of IoT technologies in the utilities sector. This can include things like using sensors to monitor energy usage, installing smart meters that track electricity usage, and using drones to survey infrastructure.
Some of the major companies in the iot in utilities market are IBM, ABB, Siemens, Honeywell, GE, Oracle, Verizon, Cisco, Vodafone, Telit, Landis Gyr, Itron, Schneider Electric, Huawei, Trimble, Aclara, Trilliant, Energyworx, HCL, Altair, Actility, Waviot, Rayven, Saviant Consulting, IoT in Utilitie.
The iot in utilities market is expected to register a CAGR of 18.6%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. IoT in Utilities Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. IoT in Utilities Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. IoT in Utilities Market - Supply Chain
4.5. Global IoT in Utilities Market Forecast
4.5.1. IoT in Utilities Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. IoT in Utilities Market Size (000 Units) and Y-o-Y Growth
4.5.3. IoT in Utilities Market Absolute $ Opportunity
5. Global IoT in Utilities Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. IoT in Utilities Market Size and Volume Forecast by Type
5.3.1. On-Premise
5.3.2. Cloud-based
5.3.3. IoT in Utilitie
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global IoT in Utilities Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. IoT in Utilities Market Size and Volume Forecast by Application
6.3.1. Power Management
6.3.2. Water Management
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global IoT in Utilities Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. IoT in Utilities Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global IoT in Utilities Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. IoT in Utilities Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global IoT in Utilities Demand Share Forecast, 2019-2026
9. North America IoT in Utilities Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America IoT in Utilities Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America IoT in Utilities Market Size and Volume Forecast by Application
9.4.1. Power Management
9.4.2. Water Management
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America IoT in Utilities Market Size and Volume Forecast by Type
9.7.1. On-Premise
9.7.2. Cloud-based
9.7.3. IoT in Utilitie
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America IoT in Utilities Demand Share Forecast, 2019-2026
10. Latin America IoT in Utilities Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America IoT in Utilities Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America IoT in Utilities Market Size and Volume Forecast by Application
10.4.1. Power Management
10.4.2. Water Management
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America IoT in Utilities Market Size and Volume Forecast by Type
10.7.1. On-Premise
10.7.2. Cloud-based
10.7.3. IoT in Utilitie
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America IoT in Utilities Demand Share Forecast, 2019-2026
11. Europe IoT in Utilities Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe IoT in Utilities Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe IoT in Utilities Market Size and Volume Forecast by Application
11.4.1. Power Management
11.4.2. Water Management
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe IoT in Utilities Market Size and Volume Forecast by Type
11.7.1. On-Premise
11.7.2. Cloud-based
11.7.3. IoT in Utilitie
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Grwth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe IoT in Utilities Demand Share, 2019-2026
12. Asia Pacific IoT in Utilities Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific IoT in Utilities Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific IoT in Utilities Market Size and Volume Forecast by Application
12.4.1. Power Management
12.4.2. Water Management
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific IoT in Utilities Market Size and Volume Forecast by Type
12.7.1. On-Premise
12.7.2. Cloud-based
12.7.3. IoT in Utilitie
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific IoT in Utilities Demand Share, 2019-2026
13. Middle East & Africa IoT in Utilities Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa IoT in Utilities Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa IoT in Utilities Market Size and Volume Forecast by Application
13.4.1. Power Management
13.4.2. Water Management
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa IoT in Utilities Market Size and Volume Forecast by Type
13.7.1. On-Premise
13.7.2. Cloud-based
13.7.3. IoT in Utilitie
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa IoT in Utilities Demand Share, 2019-2026
14. Competition Landscape
14.1. Global IoT in Utilities Market: Market Share Analysis
14.2. IoT in Utilities Distributors and Customers
14.3. IoT in Utilities Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. IBM
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ABB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Siemens
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Honeywell
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GE
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Oracle
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Verizon
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cisco
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Vodafone
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Telit
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Landis Gyr
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Itron
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Schneider Electric
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Huawei
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Trimble
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Aclara
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Trilliant
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Energyworx
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. HCL
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Altair
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
