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Press Release

Technology Breakthroughs Enabling Internet of Things in Energy Market

Zion Market Research, the market research group announced the analysis report titled 'Internet of Things in Energy Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016?2024'

This press release was orginally distributed by SBWire

Sarasota, FL -- (SBWIRE) -- 04/16/2018 -- Global Internet of Things in Energy Market: Overview

Internet of things (IoT) is the technology-based solution offered to various applications such as mining sector, energy, oil & gas, healthcare, and others. These solutions implement to enhance operational efficiency along with machines integration and intellectual data analysis. It reduces chances of vulnerabilities associated with the hacking of data by using efficient tools and techniques and resulting 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. Internet of things enables energy industries to operate efficiently on the real-time basis. Internet of things in energy also provides optimization of supply chain, increase operational efficiency, diminishing the energy trading risk, and cost cutting in productivity.

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Global Internet of Things in Energy Market: Growth Factors

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. However, strict regulations on the workers regarding safety and asset in the energy sector may drive the global market in the near future. Moreover, the emergence of the next generation sensors is expected to fuel the global market growth. Conversely, lack of skilled workers may hinder the global internet of things market growth in the next few years.

Global Internet of Things in Energy Market: Segmentation

The global internet of things in the energy market is categorized based on network technologies, applications, systems and solutions, and regions. Based on the network technologies, the global market is bifurcated as radio, cellular, satellite, and others. The applications segment is further segmented as mining, and oil & gas. Moreover, based on systems and solutions, the global internet of things in the energy market is further classified as energy analytic, predictive maintenance, compliance and risk management, field surveillance and monitoring, intelligent energy management, platform, mobile workforce management, security, and connected logistic. Furthermore, the global market is fragmented on the basis of geography as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

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Global Internet of Things in Energy Market: Regional Analysis

North America is expanding its market owing to technological advancements. It contributes for the largest share in the global internet of things market. The increasing use of the internet of things in the energy industries may fuel the global market growth.

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Global Internet of Things in Energy Market: Competitive Players

Major key players dominating the global internet of things market are Northwest Analytics, Inc., Flutura Business Solutions Llc, International Business Machine (IBM) Corporation, Carriots S.L., and Symboticware, Inc. Other key players influencing the global market are Davra Networks, Maven Systems Private Limited, Wind River Systems, Inc., AGT International, Ils Technolgy Llc, Cisco Systems, Inc., and Sap Se.

Browse detail report @ https://www.zionmarketresearch.com/report/internet-things-energy-market

About Zion Market Research
Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

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Media Relations Contact

Steven Schulz
Research Analyst
Zion Market Research
Telephone: 49-322 210 92714
Email: Click to Email Steven Schulz
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