IoT Utilities Market Overview [2023-2030] | Top Key-Players are - ABB, Bosch Software Innovations, Cisco Systems, General Electric

PRESS RELEASE
Published April 10, 2023

Global "IoT Utilities Market” [2023-2030] research report deliver comprehensive analysis of the market structure along with forecast of the various segments and sub-segments of the IoT Utilities market. Report cover strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources. This report includes the estimation of market size for value and volume. Top-down and bottom-up approaches have been used to estimate and validate the market size of IoT Utilities market, to estimate the size of various other dependent submarkets in the overall market.

The IoT Utilities Market report covers a wide range of topics, including keyword analysis, market size and share, competitive landscape, and industry trends. It also includes detailed profiles of key players in the market, along with their strategies, product offerings, and financial performance. | Ask for a Sample Report

The list of TOP KEY PLAYERS in the IoT Utilities Market Report are - Top Competitors Data

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

“The information for each competitor includes, Company Profile, Main Business Information, SWOT Analysis, Sales, Revenue, Price and Gross Margin, Market Share, etc.”

Key Benefits of This Market Research:

  • Industry drivers, restraints, and opportunities are covered in the study.
  • A neutral perspective on the market performance.
  • Recent industry trends and developments.
  • Competitive landscape and strategies of key players.
  • Potential and niche segments and regions exhibiting promising growth are covered.
  • Historical, current, and projected market size, in terms of value.
  • In-depth analysis of the IoT Utilities Market.
  • Overview of the regional outlook of the IoT Utilities Market.

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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.

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.

Market Analysis and Insights: Global IoT Utilities Market

The research report studies the IoT Utilities market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.

The global IoT Utilities market size is projected to reach USD 11060 million by 2030, from USD 5804.9 million in 2022, at a CAGR of 11.3% during 2023-2030.

Global IoT Utilities Scope and Segment

The global IoT Utilities market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global IoT Utilities market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2030.

IoT Utilities Market Size in 2023 - Report Overview

The analysis report for the IoT Utilities market provides a comprehensive assessment of the global market, including regional and country-level market sizes, segmentation, market growth, market share, competitive landscape, sales analysis, the impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expansion, and technological innovations.

The report introduces the statistical scope of the IoT Utilities market shares, market division standards, and market research methods, and also includes an executive summary of different market segments by region, product type, application, and more, including the market size of each segment and future development potential. The report offers a high-level view of the current state of the IoT Utilities Market, its likely evolution in the short to mid-term, and the long term. Additionally, the report provides a detailed analysis of the market's competitive landscape and offers information on market share, capacity, output, price, latest development plan, merger, and acquisition of the main manufacturers in the market.

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On the basis of product, this report displays the production, revenue, price, market share, and growth rate of each type, primarily split into:

  • Sensor
  • Rfid
  • Connectivity Technologies

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including:

  • Electricity Grid Management
  • Gas Management
  • Water and Waste Management

Geographic Segmentation -

  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

COVID-19 Impact on the Market -

The recent COVID-19 outbreak first began in Wuhan (China) in December 2019, and since then, it has spread around the globe at a fast pace. China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among the worst-affected countries in terms of positive cases and reported deaths, as of March 2020. The COVID-19 outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. After more than two years of the pandemic, the global economy began to recover, entering 2022, the Russian Federation’s invasion of Ukraine and its global effects on commodity markets, supply chains, inflation, and financial conditions have steepened the slowdown in global growth. In particular, the war in Ukraine is leading to soaring prices and volatility in energy markets, with improvements in activity in energy exporters more than offset by headwinds to activity in most other economies. The invasion of Ukraine has also led to a significant increase in agricultural commodity prices, which is exacerbating food insecurity and extreme poverty in many emerging markets and developing economies.

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Reasons to Purchase this Report:

  • Analyzing the outlook of the market with the recent trends and SWOT analysis.
  • Market dynamics scenario, along with growth opportunities of the market in the years to come.
  • Market segmentation analysis includes qualitative and quantitative research incorporating the impact of economic and non-economic aspects.
  • Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market.
  • Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
  • Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past years.
  • Comprehensive company profiles covering product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players.

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Major Points from Table of Contents:

1 Market Overview of IoT Utilities
1.1 IoT Utilities Market Overview
1.1.1 IoT Utilities Product Scope
1.1.2 Market Status and Outlook
1.2 Global IoT Utilities Market Size Overview by Region 2015 VS 2020 VS 2026
1.3 Global IoT Utilities Market Size by Region (2015-2026)
1.4 Global IoT Utilities Historic Market Size by Region (2015-2020)
1.5 Global IoT Utilities Market Size Forecast by Region (2021-2026)
1.6 Key Regions, IoT Utilities Market Size Growth (2015-2026)
1.6.1 North America IoT Utilities Market Size Growth (2015-2026)
1.6.2 Europe IoT Utilities Market Size Growth (2015-2026)
1.6.3 Asia-Pacific IoT Utilities Market Size Growth (2015-2026)
1.6.4 Latin America IoT Utilities Market Size Growth (2015-2026)
1.6.5 Middle East and Africa IoT Utilities Market Size Growth (2015-2026)

2 IoT Utilities Market Overview by Type
2.1 Global IoT Utilities Market Size by Type: 2015 VS 2020 VS 2026
2.2 Global IoT Utilities Historic Market Size by Type (2015-2020)
2.3 Global IoT Utilities Forecasted Market Size by Type (2021-2026)
2.4 Sensor
2.5 Rfid
2.6 Connectivity Technologies

3 IoT Utilities Market Overview by Application
3.1 Global IoT Utilities Market Size by Application: 2015 VS 2020 VS 2026
3.2 Global IoT Utilities Historic Market Size by Application (2015-2020)
3.3 Global IoT Utilities Forecasted Market Size by Application (2021-2026)
3.4 Electricity Grid Management
3.5 Gas Management
3.6 Water and Waste Management

4 Global IoT Utilities Competition Analysis by Players
4.1 Global IoT Utilities Market Size (Million USD) by Players (2015-2020)
4.2 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in IoT Utilities as of 2019)
4.3 Date of Key Manufacturers Enter into IoT Utilities Market
4.4 Global Top Players IoT Utilities Headquarters and Area Served
4.5 Key Players IoT Utilities Product Solution and Service
4.6 Competitive Status
4.6.1 IoT Utilities Market Concentration Rate
4.6.2 Mergers and Acquisitions, Expansion Plans

5 Company (Top Players) Profiles and Key Data
5.1 ABB
5.1.1 ABB Profile
5.1.2 ABB Main Business
5.1.3 ABB Products, Services and Solutions
5.1.4 ABB Revenue (USD Million) and (2015-2020)
5.1.5 ABB Recent Developments
5.2 Bosch Software Innovations
5.2.1 Bosch Software Innovations Profile
5.2.2 Bosch Software Innovations Main Business and Company’s Total Revenue
5.2.3 Bosch Software Innovations Products, Services and Solutions
5.2.4 Bosch Software Innovations Revenue (USD Million) (2015-2020)
5.2.5 Bosch Software Innovations Recent Development and Reaction to Covid-19
5.3 Cisco Systems
5.5.1 Cisco Systems Profile
5.3.2 Cisco Systems Main Business
5.3.3 Cisco Systems Products, Services and Solutions
5.3.4 Cisco Systems Revenue (USD Million) and (2015-2020)
5.3.5 General Electric Recent Developments
5.4 General Electric
5.4.1 General Electric Profile
5.4.2 General Electric Main Business
5.4.3 General Electric Products, Services and Solutions
5.4.4 General Electric Revenue (USD Million) and (2015-2020)
5.4.5 General Electric Recent Developments
5.5 Hitachi
5.5.1 Hitachi Profile
5.5.2 Hitachi Main Business
5.5.3 Hitachi Products, Services and Solutions
5.5.4 Hitachi Revenue (USD Million) and (2015-2020)
5.5.5 Hitachi Recent Developments
5.6 Honeywell International
5.6.1 Honeywell International Profile
5.6.2 Honeywell International Main Business
5.6.3 Honeywell International Products, Services and Solutions
5.6.4 Honeywell International Revenue (USD Million) and (2015-2020)
5.6.5 Honeywell International Recent Developments
5.7 Huawei Technologies
5.7.1 Huawei Technologies Profile
5.7.2 Huawei Technologies Main Business and Company’s Total Revenue
5.7.3 Huawei Technologies Products, Services and Solutions
5.7.4 Huawei Technologies Revenue (USD Million) (2015-2020)
5.7.5 Huawei Technologies Recent Development and Reaction to Covid-19
5.8 IBM Corporation
5.8.1 IBM Corporation Profile
5.8.2 IBM Corporation Main Business
5.8.3 IBM Corporation Products, Services and Solutions
5.8.4 IBM Corporation Revenue (USD Million) and (2015-2020)
5.8.5 IBM Corporation Recent Developments
5.9 Intel Corporation
5.9.1 Intel Corporation Profile
5.9.2 Intel Corporation Main Business
5.9.3 Intel Corporation Products, Services and Solutions
5.9.4 Intel Corporation Revenue (USD Million) and (2015-2020)
5.9.5 Intel Corporation Recent Developments
5.10 Microsoft Corporation
5.10.1 Microsoft Corporation Profile
5.10.2 Microsoft Corporation Main Business
5.10.3 Microsoft Corporation Products, Services and Solutions
5.10.4 Microsoft Corporation Revenue (USD Million) and (2015-2020)
5.10.5 Microsoft Corporation Recent Developments
5.11 NEC Corporation
5.11.1 NEC Corporation Profile
5.11.2 NEC Corporation Main Business
5.11.3 NEC Corporation Products, Services and Solutions
5.11.4 NEC Corporation Revenue (USD Million) and (2015-2020)
5.11.5 NEC Corporation Recent Developments

6 North America
6.1 North America IoT Utilities Market Size by Country
6.2 United States
6.3 Canada

7 Europe
7.1 Europe IoT Utilities Market Size by Country

With tables and figures helping analyses worldwide Global IoT Utilities Market Forecast provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

…Continued

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