2023-2029 IoT Utilities Market Size and Porters Five Forces Analysis | Survey Report by Absolute Reports

Published February 27, 2023

[101 pages] Report “IoT Utilities Market” detailed analysis of a business is mainly segmented by Application, by Type, Region (North America, Europe, Asia-Pacific, South America, and Middle East & Africa), manufacture (ABB, Bosch Software Innovations, Cisco Systems, General Electric, Hitachi, Honeywell International, Huawei Technologies, IBM Corporation, Intel Corporation, Microsoft Corporation, NEC Corporation,) and Forecast to 2029.

"Final Report will add the analysis of the impact of COVID-19 on this industry."

Global "IoT Utilities Market" [NEW REVIEW 2023] report analyses the best market prospects and lists the characteristics that are and will continue to propel the development of the sector. Additionally, reports emphasize historical growth patterns, growth factors, as well as current and forthcoming trends. They also project the worldwide IoT Utilities market's general development over forecast years 2023-2029. Sales, production, revenue, consumption, market share, development plans, product types, end users, and key players are all examined in the IoT Utilities market analysis. Additionally, it analyses agreements, launches of new products, and acquisitions.

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Market Analysis and Insights: Global IoT Utilities Market

The Internet of things (IoT) is the network of physical devices, vehicles, home appliances, and other items embedded with electronics, software, sensors, actuators, and connectivity which enables these things to connect, collect and exchange data,creating opportunities for more direct integration of the physical world into computer-based systems, resulting in efficiency improvements, economic benefits, and reduced human exertions.The utility industry continues to face difficulty related to the complexity and high costs associated with maintaining their assets. Increasing incidents of cyber threats poses significant challenge to the industry growth. IoT technology is witnessing huge adoption in industries to remote monitoring of assets, pre-identification of faults and restoring without actually visiting the facility. Also, the implementation of the technology for electricity grid management is helping the companies to achieve their goals of efficiency, reliability and environmental responsibility.
The global IoT Utilities market size was valued at USD 5793.8 million in 2022 and is forecast to a readjusted size of USD 11890 million by 2029 with a CAGR of 10.8 percentage during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
When the utility industry adopts IoT, it is creating new opportunities to connect with the consumer, with the grid, and with the world. Suddenly there is an influx of data streaming into the utility that they can harness to make decisions. For example, companies can utilize home automation to monitor consumer use, then adjust access as necessary. They can gather information on how to deliver services, manage infrastructure, and continue to meet consumer needs.
This report is a detailed and comprehensive analysis for global IoT Utilities market. Both quantitative and qualitative analyses are presented by company, by region and country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Market segmentation

IoT Utilities market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

The major players covered in the IoT Utilities market report are:

  • ABB
  • Bosch Software Innovations
  • Cisco Systems
  • General Electric
  • Hitachi
  • Honeywell International
  • Huawei Technologies
  • IBM Corporation
  • Intel Corporation
  • Microsoft Corporation
  • NEC Corporation

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Global IoT Utilities Market, Segmentation by Type:

  • Sensor
  • Rfid
  • Connectivity Technologies
  • Others

Global IoT Utilities Market, Segmentation by Application

  • Electricity Grid Management
  • Gas Management
  • Waste Management
  • Others

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Market segment by region, regional analysis covers

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and Rest of South America)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East and Africa)

Key Features of IoT Utilities Market:

  • Global IoT Utilities market size and forecasts, in consumption value (USD Million), 2018-2029
  • Global IoT Utilities market size and forecasts by region and country, in consumption value (USD Million), 2018-2029
  • Global IoT Utilities market size and forecasts, by Type and by Application, in consumption value (USD Million), 2018-2029
  • Global IoT Utilities market shares of main players, in revenue (USD Million), 2018-2023

The Primary Objectives in This Report Are:

  • To determine the size of the total market opportunity of global and key countries
  • To assess the growth potential for IoT Utilities
  • To forecast future growth in each product and end-use market
  • To assess competitive factors affecting the marketplace
  • This report profiles key players in the global IoT Utilities market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments.
  • This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

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The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe IoT Utilities product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of IoT Utilities, with price, sales, revenue and global market share of IoT Utilities from 2018 to 2023.

Chapter 3, the IoT Utilities competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the IoT Utilities breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and IoT Utilities market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of IoT Utilities.

Chapter 14 and 15, to describe IoT Utilities sales channel, distributors, customers, research findings and conclusion.

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Detailed TOC of Global IoT Utilities Market 2023 by Manufacturers, Regions, Typeand Application, Forecast to 2029

1 Market Overview

1.1 Product Overview and Scope of IoT Utilities

1.2 Market Estimation Caveats and Base Year

1.3 Market Analysis by Type

1.3.1 Overview: Global IoT Utilities Consumption Value by Type: 2018 Versus 2022 Versus 2029

1.4 Market Analysis by Application

1.4.1 Overview: Global IoT Utilities Consumption Value by Application: 2018 Versus 2022 Versus 2029

1.5 Global IoT Utilities Market Size and Forecast

1.5.1 Global IoT Utilities Consumption Value (2018 and 2022 and 2029)

1.5.2 Global IoT Utilities Sales Quantity (2018-2029)

1.5.3 Global IoT Utilities Average Price (2018-2029)

2 Manufacturers Profiles

2.1 Manufacture 1

2.1.1 Manufacture 1 Details

2.1.2 Manufacture 1 Major Business

2.1.3 Manufacture 1 IoT Utilities Product and Services

2.1.4 Manufacture 1 IoT Utilities Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)

2.1.5 Manufacture 1 Recent Developments/Updates

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3 Competitive Environment: IoT Utilities by Manufacturer

3.1 Global IoT Utilities Sales Quantity by Manufacturer (2018-2023)

3.2 Global IoT Utilities Revenue by Manufacturer (2018-2023)

3.3 Global IoT Utilities Average Price by Manufacturer (2018-2023)

3.4 Market Share Analysis (2022)

3.4.1 Producer Shipments of IoT Utilities by Manufacturer Revenue (USD MM) and Market Share (percentage): 2022

3.4.2 Top 3 IoT Utilities Manufacturer Market Share in 2022

3.4.2 Top 6 IoT Utilities Manufacturer Market Share in 2022

3.5 IoT Utilities Market: Overall Company Footprint Analysis

3.5.1 IoT Utilities Market: Region Footprint

3.5.2 IoT Utilities Market: Company Product Type Footprint

3.5.3 IoT Utilities Market: Company Product Application Footprint

3.6 New Market Entrants and Barriers to Market Entry

3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

4.1 Global IoT Utilities Market Size by Region

4.1.1 Global Sales Quantity by Region (2018-2029)

4.1.2 Global Consumption Value by Region (2018-2029)

4.1.3 Global Average Price by Region (2018-2029)

4.2 North America Consumption Value (2018-2029)

4.3 Europe Consumption Value (2018-2029)

4.4 Asia-Pacific Consumption Value (2018-2029)

4.5 South America Consumption Value (2018-2029)

4.6 Middle East and Africa Consumption Value (2018-2029)

5 Market Segment by Type

5.1 Global IoT Utilities Sales Quantity by Type (2018-2029)

5.2 Global IoT Utilities Consumption Value by Type (2018-2029)

5.3 Global IoT Utilities Average Price by Type (2018-2029)

6 Market Segment by Application

6.1 Global IoT Utilities Sales Quantity by Application (2018-2029)

6.2 Global IoT Utilities Consumption Value by Application (2018-2029)

6.3 Global IoT Utilities Average Price by Application (2018-2029)

7 North America

7.1 North America IoT Utilities Sales Quantity by Type (2018-2029)

7.2 North America Sales Quantity by Application (2018-2029)

7.3 North America Market Size by Country

7.3.1 North America Sales Quantity by Country (2018-2029)

7.3.2 North America Consumption Value by Country (2018-2029)

7.3.3 United States Market Size and Forecast (2018-2029)

7.3.4 Canada Market Size and Forecast (2018-2029)

7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe

8.1 Europe IoT Utilities Sales Quantity by Type (2018-2029)

8.2 Europe Sales Quantity by Application (2018-2029)

8.3 Europe Market Size by Country

8.3.1 Europe Sales Quantity by Country (2018-2029)

8.3.2 Europe Consumption Value by Country (2018-2029)

8.3.3 Germany Market Size and Forecast (2018-2029)

8.3.4 France Market Size and Forecast (2018-2029)

8.3.5 United Kingdom Market Size and Forecast (2018-2029)

8.3.6 Russia Market Size and Forecast (2018-2029)

8.3.7 Italy Market Size and Forecast (2018-2029)

12.1 IoT Utilities Market Drivers

12.2 IoT Utilities Market Restraints

12.3 IoT Utilities Trends Analysis

12.4 Porters Five Forces Analysis

12.4.1 Threat of New Entrants

12.4.2 Bargaining Power of Suppliers

12.4.3 Bargaining Power of Buyers

12.4.4 Threat of Substitutes

12.4.5 Competitive Rivalry

12.5 Influence of COVID-19 and Russia-Ukraine War

12.5.1 Influence of COVID-19

12.5.2 Influence of Russia-Ukraine War

13 Raw Material and Industry Chain

13.1 Raw Material of IoT Utilities and Key Manufacturers

13.2 Manufacturing Costs Percentage of IoT Utilities

13.3 IoT Utilities Production Process

13.4 IoT Utilities Industrial Chain

14 Shipments by Distribution Channel

14.1 Sales Channel

14.1.1 Direct to End-User

14.1.2 Distributors

14.2 IoT Utilities Typical Distributors

14.3 IoT Utilities Typical Customers

15 Research Findings and Conclusion

16 Appendix

16.1 Methodology

16.2 Research Process and Data Source

16.3 Disclaimer

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