Internet of Things in Energy Market Size, Share, Trends, Growth and Forecast 2032
Internet of Things in Energy Market By Network Technology (Cellular Network, Satellite Network, Radio Network, and Others), By Application (Oil and Gas, Coal Mining, and Smart Grid), and By Solution (Asset Management, Safety, Connected Logistics, Compliance and Risk Management, Data Management and Analytics, SCADA, Mobile Workforce Management, Network Management, and Energy Management): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 - 2032-
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 28.85 Billion | USD 84.09 Billion | 12.62% | 2023 |
Table Of Content
- Chapter 1.Preface
- 1.1.Report Description
- 1.2.Report Scope
- Chapter 2.Research Methodology
- 2.1.Research Methodology
- 2.2.Secondary Research
- 2.3.Primary Research
- 2.4.Models
- 2.4.1.Company Share Analysis Model
- 2.4.2.Revenue Based Modeling
- 2.5.Research Limitations
- Chapter 3.Executive Summary
- 3.1.Global Internet of Things in Energy Market, 2016 – 2026 (USD Million)
- 3.2.Global Internet of Things in Energy Market: Snapshot
- Chapter 4.Internet of Things in Energy Market – Industry Analysis
- 4.1.Introduction
- 4.2.Market Drivers
- 4.2.1.Driving Factor 1 Analysis
- 4.2.2.Driving Factor 2 Analysis:
- 4.3.Market Restraints
- 4.3.1.Restraining Factor Analysis
- 4.4.Market Opportunities
- 4.4.1.Market Opportunity & Use-case Anaysis
- 4.4.2.Use – Cases for Internet of Things in Energy
- 4.5.Porter’s Five Forces Analysis
- 4.6.COVID 19 Impact Analysis
- 4.6.1.1.Impact on Product Development and Technology Adoption
- 4.6.1.2.Gap Analysis
- Chapter 5.Investment Proposition Analysis
- 5.1.Global Internet of Things in Energy Market Attractiveness, By Network Technology
- 5.2.Global Internet of Things in Energy Market Attractiveness, By Application
- 5.3.Global Internet of Things in Energy Market Attractiveness, By Sulution
- 5.4.Global Internet of Things in Energy Market Attractiveness, By Region
- Chapter 6.Competitive Landscape
- 6.1.Company Market Share Analysis - 2019
- 6.1.1.Global Internet of Things in Energy Market: Company Market Share, 2019
- 6.2.Strategic Developments
- 6.1.Company Market Share Analysis - 2019
- Chapter 7.Internet of Things in Energy Market – Network Technology Analysis
- 7.1.Global Internet of Things in Energy Market Overview: by Network Technology
- 7.1.1.Global Internet of Things in Energy Market Revenue Share, by Network Technology, 2019 & 2026
- 7.2.Global Internet of Things in Energy Market Analysis/Overview – By Network Technology
- 7.2.1.Cellular Network – Overview/Analysis
- 7.2.2.Satellite Network – Overview/Analysis
- 7.2.3.Radio Network – Overview/Analysis
- 7.2.4.Others – Overview/Analysis
- 7.3.Cellular Network
- 7.3.1.Global Internet of Things in Energy Market for Cellular Network, Revenue (USD Million) 2016 - 2026
- 7.4.Satellite Network
- 7.4.1.Global Internet of Things in Energy Market for Satellite Network, Revenue (USD Million) 2016 - 2026
- 7.5.Radio Network
- 7.5.1.Global Internet of Things in Energy Market for Radio Network, Revenue (USD Million) 2016 - 2026
- 7.6.Others
- 7.6.1.Global Internet of Things in Energy Market for Others, Revenue (USD Million) 2016 - 2026
- 7.1.Global Internet of Things in Energy Market Overview: by Network Technology
- Chapter 8.Internet of Things in Energy Market – Application Analysis
- 8.1.Global Internet of Things in Energy Market Overview: by Application
- 8.1.1.Global Internet of Things in Energy Market Revenue Share, by Application, 2019 & 2026
- 8.2.Global Internet of Things in Energy Market Analysis/Overview – By Application
- 8.2.1.Oil and Gas – Overview/Analysis
- 8.2.2.Coal Mining – Overview/Analysis
- 8.2.3.Smart Grid – Overview/Analysis
- 8.3.Oil and Gas
- 8.3.1.Global Internet of Things in Energy Market for Oil and Gas, Revenue (USD Million) 2016 - 2026
- 8.4.Coal Mining
- 8.4.1.Global Internet of Things in Energy Market for Coal Mining, Revenue (USD Million) 2016 - 2026
- 8.5.Smart Grid
- 8.5.1.Global Internet of Things in Energy Market for Smart Grid, Revenue (USD Million) 2016 - 2026
- 8.1.Global Internet of Things in Energy Market Overview: by Application
- Chapter 9.Internet of Things in Energy Market – Sulution Analysis
- 9.1.Global Internet of Things in Energy Market Overview: by Sulution
- 9.1.1.Global Internet of Things in Energy Market Revenue Share, by Sulution, 2019 & 2026
- 9.2.Global Internet of Things in Energy Market Analysis/Overview – By Sulution
- 9.2.1.Asset Management – Overview/Analysis
- 9.2.2.Safety – Overview/Analysis
- 9.2.3.Connected Logistics – Overview/Analysis
- 9.2.4.Compliance and Risk Management – Overview/Analysis
- 9.2.5.Data Management and Analytics – Overview/Analysis
- 9.2.6.SCADA – Overview/Analysis
- 9.2.7.Mobile Workforce Management – Overview/Analysis
- 9.2.8.Network Management – Overview/Analysis
- 9.2.9.Energy Management – Overview/Analysis
- 9.3.Asset Management
- 9.3.1.Global Internet of Things in Energy Market for Asset Management, Revenue (USD Million) 2016 - 2026
- 9.4.Safety
- 9.4.1.Global Internet of Things in Energy Market for Safety, Revenue (USD Million) 2016 - 2026
- 9.5.Connected Logistics
- 9.5.1.Global Internet of Things in Energy Market for Connected Logistics, Revenue (USD Million) 2016 - 2026
- 9.6.Compliance and Risk Management
- 9.6.1.Global Internet of Things in Energy Market for Compliance and Risk Management, Revenue (USD Million) 2016 - 2026
- 9.7.Data Management and Analytics
- 9.7.1.Global Internet of Things in Energy Market for Data Management and Analytics, Revenue (USD Million) 2016 - 2026
- 9.8.SCADA
- 9.8.1.Global Internet of Things in Energy Market for SCADA, Revenue (USD Million) 2016 - 2026
- 9.9.Mobile Workforce Management
- 9.9.1.Global Internet of Things in Energy Market for Mobile Workforce Management, Revenue (USD Million) 2016 - 2026
- 9.1.Network Management
- 9.10.1.Global Internet of Things in Energy Market for Network Management, Revenue (USD Million) 2016 - 2026
- 9.11.Energy Management
- 9.11.1.Global Internet of Things in Energy Market for Energy Management, Revenue (USD Million) 2016 - 2026
- 9.1.Global Internet of Things in Energy Market Overview: by Sulution
- Chapter 10.Internet of Things in Energy Market – Regional Analysis
- 10.1.Global Internet of Things in Energy Market: Regional Overview
- 10.1.1.Global Internet of Things in Energy Market Revenue Share, by Region, 2019 & 2026
- 10.1.2.Global Internet of Things in Energy Market Revenue, by Region, 2016 – 2026 (USD Million)
- 10.2.North America
- 10.2.1.North America Internet of Things in Energy Market Revenue, 2016 - 2026 (USD Million)
- 10.2.2.North America Internet of Things in Energy Market Revenue, by Country, 2016 – 2026 (USD Million)
- 10.2.3.North America Internet of Things in Energy Market Revenue, by Network Technology, 2016 – 2026
- 10.2.4.North America Internet of Things in Energy Market Revenue, by Application, 2016 – 2026
- 10.2.5.North America Internet of Things in Energy Market Revenue, by Sulution, 2016 – 2026
- 10.2.6. U.S.
- 10.2.7.Canada
- 10.3.Europe
- 10.3.1.Europe Internet of Things in Energy Market Revenue, 2016 - 2026 (USD Million)
- 10.3.2.Europe Internet of Things in Energy Market Revenue, by Country, 2016 – 2026 (USD Million)
- 10.3.3.Europe Internet of Things in Energy Market Revenue, by Network Technology, 2016 – 2026
- 10.3.4.Europe Internet of Things in Energy Market Revenue, by Application, 2016 – 2026
- 10.3.5.Europe Internet of Things in Energy Market Revenue, by Sulution, 2016 – 2026
- 10.3.6.Germany
- 10.3.7.France
- 10.3.8. U.K.
- 10.3.9.Italy
- 10.3.10.Spain
- 10.3.11.Rest of Europe
- 10.4.Asia Pacific
- 10.4.1.Asia Pacific Internet of Things in Energy Market Revenue, 2016 - 2026 (USD Million)
- 10.4.2.Asia Pacific Internet of Things in Energy Market Revenue, by Country, 2016 – 2026 (USD Million)
- 10.4.3.Asia Pacific Internet of Things in Energy Market Revenue, by Network Technology, 2016 – 2026
- 10.4.4.Asia Pacific Internet of Things in Energy Market Revenue, by Application, 2016 – 2026
- 10.4.5.Asia Pacific Internet of Things in Energy Market Revenue, by Sulution, 2016 – 2026
- 10.4.6.China
- 10.4.7.Japan
- 10.4.8.India
- 10.4.9.South Korea
- 10.4.10.South-East Asia
- 10.4.11.Rest of Asia Pacific
- 10.5.Latin America
- 10.5.1.Latin America Internet of Things in Energy Market Revenue, 2016 - 2026 (USD Million)
- 10.5.2.Latin America Internet of Things in Energy Market Revenue, by Country, 2016 – 2026 (USD Million)
- 10.5.3.Latin America Internet of Things in Energy Market Revenue, by Network Technology, 2016 – 2026
- 10.5.4.Latin America Internet of Things in Energy Market Revenue, by Application, 2016 – 2026
- 10.5.5.Latin America Internet of Things in Energy Market Revenue, by Sulution, 2016 – 2026
- 10.5.6.Brazil
- 10.5.7.Mexico
- 10.5.8.Rest of Latin America
- 10.6.The Middle-East and Africa
- 10.6.1.The Middle-East and Africa Internet of Things in Energy Market Revenue, 2016 - 2026 (USD Million)
- 10.6.2.The Middle-East and Africa Internet of Things in Energy Market Revenue, by Country, 2016 – 2026 (USD Million)
- 10.6.3.The Middle-East and Africa Internet of Things in Energy Market Revenue, by Network Technology, 2016 – 2026
- 10.6.4.The Middle-East and Africa Internet of Things in Energy Market Revenue, by Application, 2016 – 2026
- 10.6.5.The Middle-East and Africa Internet of Things in Energy Market Revenue, by Sulution, 2016 – 2026
- 10.6.6.GCC Countries
- 10.6.7.South Africa
- 10.6.8.Rest of Middle-East Africa
- 10.1.Global Internet of Things in Energy Market: Regional Overview
- Chapter 11.Company Profiles
- 11.1.Northwest Analytics, Inc.
- 11.1.1.Company Overview
- 11.1.2.Financial Overview
- 11.1.3.Product Portfolio
- 11.1.4.Business Strategy
- 11.1.5.Recent Developments
- 11.1.Flutura Business Sulutions LLc
- 11.2.International Business Machine (IBM) Corporation
- 11.3.Carriots S.L.
- 11.4.Symboticware, Inc.
- 11.5.Davra Networks
- 11.6.Maven Systems Private Limited
- 11.7.Wind River Systems, Inc.
- 11.8.AGT International
- 11.9.Ils Technulgy LLc
- 11.1.Cisco Systems, Inc.
- 11.11.Sap SE
- 11.1.Northwest Analytics, Inc.
Table Of Figures
List of Figures
FIG. 1 Research Methodology
FIG. 2 Research Methodology – Basic Overview
FIG. 3 Research Methodology – Detailed View
FIG. 4 Global Internet of Things in Energy Market Revenue, 2016 - 2026 (USD Million)
FIG. 5 Porter’s Five Forces Analysis for Global Internet of Things in Energy Market
FIG. 6 Global Internet of Things in Energy Market Attractiveness, By Network Technology
FIG. 7 Global Internet of Things in Energy Market Attractiveness, By Application
FIG. 8 Global Internet of Things in Energy Market Attractiveness, By Solution
FIG. 9 Global Internet of Things in Energy Market Attractiveness, By End-User
FIG. 10 Company Share Analysis, 2019
FIG. 11 Global Internet of Things in Energy Market Revenue Share, by Network Technology, 2019 & 2026
FIG. 12 Global Internet of Things in Energy Market for Cellular Network, Revenue (USD Million) 2016 - 2026
FIG. 13 Global Internet of Things in Energy Market for Satellite Network, Revenue (USD Million) 2016 - 2026
FIG. 14 Global Internet of Things in Energy Market for Radio Network, Revenue (USD Million) 2016 - 2026
FIG. 15 Global Internet of Things in Energy Market for Others, Revenue (USD Million) 2016 - 2026
FIG. 16 Global Internet of Things in Energy Market Revenue Share, by Application, 2019 & 2026
FIG. 17 Global Internet of Things in Energy Market for Oil and Gas, Revenue (USD Million) 2016 - 2026
FIG. 18 Global Internet of Things in Energy Market for Coal Mining, Revenue (USD Million) 2016 - 2026
FIG. 19 Global Internet of Things in Energy Market for Smart Grid, Revenue (USD Million) 2016 - 2026
FIG. 20 Global Internet of Things in Energy Market Revenue Share, by Solution, 2019 & 2026
FIG. 21 Global Internet of Things in Energy Market for Asset Management, Revenue (USD Million) 2016 - 2026
FIG. 22 Global Internet of Things in Energy Market for Safety, Revenue (USD Million) 2016 - 2026
FIG. 23 Global Internet of Things in Energy Market for Connected Logistics, Revenue (USD Million) 2016 - 2026
FIG. 24 Global Internet of Things in Energy Market for Compliance and Risk Management, Revenue (USD Million) 2016 - 2026
FIG. 25 Global Internet of Things in Energy Market for Data Management and Analytics, Revenue (USD Million) 2016 - 2026
FIG. 26 Global Internet of Things in Energy Market for SCADA, Revenue (USD Million) 2016 - 2026
FIG. 27 Global Internet of Things in Energy Market for Mobile Workforce Management, Revenue (USD Million) 2016 - 2026
FIG. 28 Global Internet of Things in Energy Market for Network Management, Revenue (USD Million) 2016 - 2026
FIG. 29 Global Internet of Things in Energy Market for Energy Management, Revenue (USD Million) 2016 - 2026
FIG. 30 Global Internet of Things in Energy Market Revenue Share, by Region, 2019 & 2026
FIG. 31 North America Internet of Things in Energy Market Revenue, 2016 - 2026 (USD Million)
FIG. 32 Europe Internet of Things in Energy Market Revenue, 2016 - 2026 (USD Million)
FIG. 33 Asia Pacific Internet of Things in Energy Market Revenue, 2016 - 2026 (USD Million)
FIG. 34 Latin America Internet of Things in Energy Market Revenue, 2016 - 2026 (USD Million)
FIG. 35 The Middle-East and Africa Internet of Things in Energy Market Revenue, 2016 - 2026 (USD Million)
FIG. 36 Northwest Analytics, Inc. Business Segment Revenue Share, 2018 (%)
FIG. 37 Northwest Analytics, Inc. Geographical Segment Revenue Share, 2018 (%)
Table Of Tables
List of Tables
TABLE 1 Global Internet of Things in Energy Market: Snapshot
TABLE 2 Drivers of the Internet of Things in Energy Market: Impact Analysis
TABLE 3 Restraints for the Internet of Things in Energy Market: Impact Analysis
TABLE 4 Global Internet of Things in Energy Market Revenue, by Region, 2016 – 2026 (USD Million)
TABLE 5 North America Internet of Things in Energy Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 6 North America Internet of Things in Energy Market Revenue, by Network Technology, 2016 – 2026 (USD Million)
TABLE 7 North America Internet of Things in Energy Market Revenue, by Application, 2016 – 2026 (USD Million)
TABLE 8 North America Internet of Things in Energy Market Revenue, by Solution, 2016 – 2026 (USD Million)
TABLE 9 Europe Internet of Things in Energy Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 10 Europe Internet of Things in Energy Market Revenue, by Network Technology, 2016 – 2026 (USD Million)
TABLE 11 Europe Internet of Things in Energy Market Revenue, by Application, 2016 – 2026 (USD Million)
TABLE 12 Europe Internet of Things in Energy Market Revenue, by Solution, 2016 – 2026 (USD Million)
TABLE 13 Asia Pacific Internet of Things in Energy Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 14 Asia Pacific Internet of Things in Energy Market Revenue, by Network Technology, 2016 – 2026 (USD Million)
TABLE 15 Asia Pacific Internet of Things in Energy Market Revenue, by Application, 2016 – 2026 (USD Million)
TABLE 16 Asia Pacific Internet of Things in Energy Market Revenue, by Solution, 2016 – 2026 (USD Million)
TABLE 17 Latin America Internet of Things in Energy Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 18 Latin America Internet of Things in Energy Market Revenue, by Network Technology, 2016 – 2026 (USD Million)
TABLE 19 Latin America Internet of Things in Energy Market Revenue, by Application, 2016 – 2026 (USD Million)
TABLE 20 Latin America Internet of Things in Energy Market Revenue, by Solution, 2016 – 2026 (USD Million)
TABLE 21 The Middle-East and Africa Internet of Things in Energy Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 22 The Middle-East and Africa Internet of Things in Energy Market Revenue, by Network Technology, 2016 – 2026 (USD Million)
TABLE 23 The Middle-East and Africa Internet of Things in Energy Market Revenue, by Application, 2016 – 2026 (USD Million)
TABLE 24 The Middle-East and Africa Internet of Things in Energy Market Revenue, by Solution, 2016 – 2026 (USD Million)
Methodology
FrequentlyAsked Questions
Major drivers of the global internet of things in the energy market are rising demand for proactive security against increasing cyber-attacks and improved operational efficiency. Moreover, the emergence of the next-generation sensors is expected to fuel the global market growth. Advanced analytics and effective system integration are key opportunities for the market.
Internet of Things in Energy Market, estimating its value at USD 28.85 Billion in 2023, with projections indicating that it will reach USD 84.09 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 12.62% over the forecast period 2024-2032
The Asia Pacific is expanding its market owing to technological advancements. It contributes to the largest share in the global internet of things market. The increasing adoption of smart grid architecture, energy management, technology upgrades, and regulatory mandates are some of the factors that are driving the internet of things in energy market in the region. Also, increasing the adoption of smart meters in countries such as Japan, China, Australia, and South Korea is anticipated to boost the internet of things in the energy market in the Asia Pacific region.
Key players in the global internet of things in energy market are Northwest Analytics, Inc., Flutura Business Solutions LLC, International Business Machine (IBM) Corporation, Carriots S.L., Symboticware, Inc., Davra Networks, Maven Systems Private Limited, Wind River Systems, Inc., AGT International, Ils Technolgy LLC, Cisco Systems, Inc., and Sap SE.
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List of Contents
Market InsightsOverviewThe Internet of things (IoT) is a technology-based solution offered to various applications such as the mining sector, energy, oil gas, healthcare, and others. These solutions implement to enhance operational efficiency along with machine integration and intellectual data analysis. It reduces the chances of vulnerabilities associated with the hacking of data by using efficient tools and techniques and resulting in improved decision-making. Malicious activities on the Internet are restricted with the help of digital network infrastructure of things and critical infrastructure protection (CIP) can be automated. The Internet of things enables energy industries to operate efficiently on a real-time basis. The Internet of things in energy also provides optimization of the supply chain, increases operational efficiency, diminishes the energy trading risk, and cost-cutting in productivity.Growth FactorsSegmentationReport ScopeRegional AnalysisCompetitive PlayersThe global market is segmented as follows:
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