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Why Global IoT in Utilities Market is in Demand since Years?

The IoT in Utilities Market report shows the competitive situation among the top manufacturers, with sales, revenue and market share and the market by type and application. The report deeply described by experts team and made full report on IoT in Utilities Market with Forecasts 2024.

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The Global Internet of Things (IoT) in utilities market size is expected to grow from US$ 28.6 Billion in 2019 to US$ 53.8 Billion by 2024, at a Compound Annual Growth Rate (CAGR) of 13.5% during the forecast period . This report spread across 155 Pages, Profiling 25 Companies and Supported with 108 Tables and 42 figures is now available in this research.

Top Companies profiled in the IoT in Utilities Market:

  • IBM (US)
  • Oracle (US)
  • Verizon (US)
  • Cisco (US)
  • Vodafone (UK)
  • Telit (UK)
  • Landis Gyr (Switzerland)
  • Itron (US)
  • Schneider Electric (France)
  • Huawei (China)
  • Trimble (US)
  • Aclara (US)
  • Trilliant (US)
  • Energyworx (Netherlands)
  • HCL (India)
  • Altair (US)
  • Actility (France)
  • Waviot (Russia)
  • Rayven (Australia)
  • Saviant Consulting (India)
  • ABB (Switzerland)
  • Siemens (Germany)
  • Honeywell (US)
  • GE (US)

The solutions segment includes solutions, such as asset monitoring and management, safety and security, Supervisory Control And Data Acquisition (SCADA), network management, workforce management, and Customer Information System (CIS) and billing systems. These solutions help utilities to maintain operational efficiency of the organization and provide seamless services to the customers.

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North America has been a leader in the adoption of smart grid technology and a large share of the major utilities in the region are now fully deployed or in the implementation or planning stages of full-scale rollouts. In the last few years, numerous utility companies in the US have agreed to deploy smart utility schemes, where one of the main objectives is to offer second-generation advanced metering infrastructure, communication modules, asset management, workforce management, security features, analytics, and Meter Data Management (MDM).

Competitive Landscape of IoT in Utilities Market:

1 Introduction

2 Competitive Leadership Mapping (Overall Market)

2.1 Visionary Leaders

2.2 Dynamic Differentiators

2.3 Innovators

2.4 Emerging Companies

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Reason to access this report:

The report would provide market leaders/new entrants in the IoT in utilities market, with information on the closest approximations of the revenue numbers for the overall IoT in utilities market and sub segments. The report would help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.