Latin America Iot In Energy & Utility Application Market 2022-2028

Latin America Iot In Energy & Utility Application Market 2022-2028

MARKET OUTLOOK

Triton’s research report insinuates that the Latin American IoT in energy & utility application market is estimated to register growth at a CAGR of 13.16% during the forecasting years 2022-2028. Brazil, Mexico, and Rest of Latin America outline the market in this region.

With a population of over 120 million, the Mexican government has installed a large number of drinking fountains that provide efficient water services with the help of IoT. In order to provide a safe water supply, the country requires a robust technological infrastructure. This has resulted in the surge of investments in various technologies like IoT. Furthermore, the nation has a large number of IoT devices in operation, which is expected to increase significantly by 2023. As a result, internet of things technology is gaining momentum across numerous sectors, including manufacturing, energy & utility, and transportation. Thus, these factors are fueling the IoT in energy & utility application market.

In Peru, there is a high demand for IoT devices that can function in remote places without requiring high maintenance, frequent replacement, or power supply. Here, the country requires a well-developed solution to monitor water canals across the country. The National Water Authority is exploring the benefits of IoT devices to reactivate agricultural activity in desert areas, further creating job opportunities. Thus, the rising benefits of IoT devices will widen the scope of the IoT in energy & utility application market during the forecast period.

COMPETITIVE OUTLOOK

The popular companies in the IoT in energy & utility application market are IBM, Siemens, ABB Ltd, SAP SE, General Electric Company, and Aclara Technologies LLC.


1. Latin America Iot In Energy & Utility Application Market - Summary
2. Industry Outlook
2.1. Impact Of Covid-19 On Iot In The Energy & Utility Application Market
2.2. Key Insights
2.2.1. Increasing Economic Value Of Iot
2.2.2. Increase In Microgrids Control System Use
2.2.3. Significant Investments In Research & Development Activities
2.3. Porter’s Five Forces Analysis
2.3.1. Threat Of New Entrants
2.3.2. Threat Of Substitutes
2.3.3. Bargaining Power Of Buyers
2.3.4. Bargaining Power Of Suppliers
2.3.5. Threat Of Competitive Rivalry
2.4. Key Impact Analysis
2.4.1. Mode Of Deployment
2.4.2. Price
2.4.3. Application
2.5. Market Attractiveness Index
2.6. Vendor Scorecard
2.7. Industry Components
2.8. Key Market Strategies
2.8.1. Acquisitions
2.8.2. Product Launches
2.8.3. Partnerships
2.9. Market Drivers
2.9.1. Emphasis On A Greener Environment Surging Demand For Energy And Utility Analytics
2.9.2. Increasing Consumption And Demand For Energy Generation
2.9.3. Growing Consumer Focus On Energy Consumption Pattern Analysis
2.9.4. Decline In Prices Of Iot Components And Availability Of Next-generation Sensors
2.9.5. Improvement In The Oil & Gas Industry Operations
2.9.6. Demand For Automation Tools In Energy Management
2.10. Market Challenges
2.10.1. Security Concerns
2.10.2. Need For High Capital Investment For Deployment
2.10.3. Lack Of Skilled Employees
2.10.4. Iot Integration With Subsystems
2.11. Market Opportunities
2.11.1. Need For Real-time Monitoring Systems In The Mining & Petroleum Industries
2.11.2. Rising Adoption Of Cloud Technology In Utility & Energy Analytics
2.11.3. Increasing Share Of Renewable Energy Sector In Electricity Generation
3. Latin America Iot In Energy & Utility Application Market Outlook - By Connectivity
3.1. Non-cellular
3.2. Cellular
4. Latin America Iot In Energy & Utility Application Market Outlook - By Component
4.1. Hardware
4.1.1. Devices
4.1.2. Sensors
4.1.3. Other Hardware Components
4.2. Services
4.2.1. Deployment & Integration
4.2.2. Support And Maintenance
4.2.3. Professional Services
4.3. Software
4.3.1. Operational Control
4.3.2. Analytics
4.3.3. Security
4.3.4. Grid Management
4.3.5. Water Management
5. Latin America Iot In Energy & Utility Application Market Outlook - By End-user
5.1. Oil & Gas
5.2. Utility Gas Management
5.3. Electricity Grid & Supply Management
5.4. Mining
5.5. Water Management
6. Latin America Iot In Energy & Utility Application Market – Country Outlook
6.1. Brazil
6.2. Mexico
6.3. Rest Of Latin America
7. Competitive Landscape
7.1. Aclara Technologies Llc
7.2. Capgemini Se
7.3. Abb Ltd
7.4. Ibm
7.5. General Electric Company
7.6. Sas Institute
7.7. Siemens
7.8. Sap Se
7.9. Schneider Electric
7.10. Buildingiq Inc
7.11. Teradata Corporation
7.12. Cisco Systems Inc
7.13. Infosys Ltd
7.14. Wipro Ltd
7.15. Eaton Corporation Plc
7.16. Oracle Corporation
8. Research Methodology & Scope
8.1. Research Scope & Deliverables
8.2. Sources Of Data
8.3. Research Methodology
Table List
Table 1: Latin America Iot In Energy & Utility Application Market, By Country, 2022-2028 (In $ Million)
Table 2: Vendor Scorecard
Table 3: List Of Acquisitions
Table 4: List Of Product Launches
Table 5: List Of Partnerships
Table 6: Latin America Iot In Energy & Utility Application Market, By Connectivity, 2022-2028 (In $ Million)
Table 7: Latin America Iot In Energy & Utility Application Market, By Component, 2022-2028 (In $ Million)
Table 8: Latin America Iot In Energy & Utility Application Market, By Hardware, 2022-2028 (In $ Million)
Table 9: Latin America Iot In Energy & Utility Application Market, By Services, 2022-2028 (In $ Million)
Table 10: Latin America Iot In Energy & Utility Application Market, By Software, 2022-2028 (In $ Million)
Table 11: Latin America Iot In Energy & Utility Application Market, By End-user, 2022-2028 (In $ Million)
Table 12: Latin America Iot In Energy & Utility Application Market, By Country, 2022-2028 (In $ Million)
Figure List
Figure 1: Key Buying Impact Analysis
Figure 2: Market Attractiveness Index
Figure 3: Industry Components
Figure 4: Latin America Iot In Energy & Utility Application Market, Connectivity Outlook, 2021 & 2028 (In %)
Figure 5: Latin America Iot In Energy & Utility Application Market, By Non-cellular, 2022-2028 (In $ Million)
Figure 6: Latin America Iot In Energy & Utility Application Market, By Cellular, 2022-2028 (In $ Million)
Figure 7: Latin America Iot In Energy & Utility Application Market, Component Outlook, 2021 & 2028 (In %)
Figure 8: Latin America Iot In Energy & Utility Application Market, By Hardware, 2022-2028 (In $ Million)
Figure 9: Latin America Iot In Energy & Utility Application Market, Hardware Outlook, 2021 & 2028 (In %)
Figure 10: Latin America Iot In Energy & Utility Application Market, By Devices, 2022-2028 (In $ Million)
Figure 11: Latin America Iot In Energy & Utility Application Market, By Sensors, 2022-2028 (In $ Million)
Figure 12: Latin America Iot In Energy & Utility Application Market, By Other Hardware Components, 2022-2028 (In $ Million)
Figure 13: Latin America Iot In Energy & Utility Application Market, By Services, 2022-2028 (In $ Million)
Figure 14: Latin America Iot In Energy & Utility Application Market, Services Outlook, 2021 & 2028 (In %)
Figure 15: Latin America Iot In Energy & Utility Application Market, By Deployment & Integration, 2022-2028 (In $ Million)
Figure 16: Latin America Iot In Energy & Utility Application Market, By Support & Maintenance, 2022-2028 (In $ Million)
Figure 17: Latin America Iot In Energy & Utility Application Market, By Professional Services, 2022-2028 (In $ Million)
Figure 18: Latin America Iot In Energy & Utility Application Market, By Software, 2022-2028 (In $ Million)
Figure 19: Latin America Iot In Energy & Utility Application Market, Software Outlook, 2021 & 2028 (In %)
Figure 20: Latin America Iot In Energy & Utility Application Market, By Operational Control, 2022-2028 (In $ Million)
Figure 21: Latin America Iot In Energy & Utility Application Market, By Analytics, 2022-2028 (In $ Million)
Figure 22: Latin America Iot In Energy & Utility Application Market, By Security, 2022-2028 (In $ Million)
Figure 23: Latin America Iot In Energy & Utility Application Market, By Grid Management, 2022-2028 (In $ Million)
Figure 24: Latin America Iot In Energy & Utility Application Market, By Water Management, 2022-2028 (In $ Million)
Figure 25: Latin America Iot In Energy & Utility Application Market, End-user Outlook, 2021 & 2028 (In %)
Figure 26: Latin America Iot In Energy & Utility Application Market, By Oil & Gas, 2022-2028 (In $ Million)
Figure 27: Latin America Iot In Energy & Utility Application Market, By Utility Gas Management, 2022-2028 (In $ Million)
Figure 28: Latin America Iot In Energy & Utility Application Market, By Electricity Grid & Supply Management, 2022-2028 (In $ Million)
Figure 29: Latin America Iot In Energy & Utility Application Market, By Mining, 2022-2028 (In $ Million)
Figure 30: Latin America Iot In Energy & Utility Application Market, By Water Management, 2022-2028 (In $ Million)
Figure 31: Latin America Iot In Energy & Utility Application Market, Regional Outlook, 2021 & 2028 (In %)
Figure 32: Brazil Iot In Energy & Utility Application Market 2022-2028 (In $ Million)
Figure 33: Mexico Iot In Energy & Utility Application Market 2022-2028 (In $ Million)
Figure 34: Rest Of Latin America Iot In Energy & Utility Application Market 2022-2028 (In $ Million)

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