The global Internet of Things (IoT) in Energy market was valued at $20.01 billion in 2020 and is projected to reach $48.78 billion by 2028, growing at a compound annual growth rate (CAGR) of 11.67% from 2021 to 2028. This significant growth is driven by various macro and microeconomic factors, including the enhancement of business productivity through IoT applications in the energy sector.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Service (Consulting, Integration and Deployment, Support and Maintenance, Others)
By Solution (Asset Management, Safety, Connected Logistics, Compliance and Risk Management, Data Management and Analytics, SCADA, Mobile Workforce Management, Network Management, Energy Management, Others)
By Application (Oil and Gas, Coal Mining, Smart Grid, Others)
By Network Technology (Cellular Network, Satellite Network, Radio Network, Others)
Key players
IBM
Actility
ABB
SAP
Cisco Systems
Siemens
Intel
AGT International
Davra Networks
smartGAS
In this report,
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