The internet of things, or IoT, is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers (UIDs) and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.
Rising adoption of cloud platforms across the sector coupled with government initiatives for smart grid modernization across the US, UK, China and India provides lucrative growth opportunities to the IoT in utility market.

Market Analysis and Insights: Global Internet of Things (IoT) in Energy and Utility Applications Market
The global Internet of Things (IoT) in Energy and Utility Applications market size is projected to reach US$ 59910 million by 2026, from US$ 28800 million in 2020, at a CAGR of 13.0% during 2021-2026.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Internet of Things (IoT) in Energy and Utility Applications market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Internet of Things (IoT) in Energy and Utility Applications market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Internet of Things (IoT) in Energy and Utility Applications market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Internet of Things (IoT) in Energy and Utility Applications market.

Global Internet of Things (IoT) in Energy and Utility Applications Scope and Market Size
Internet of Things (IoT) in Energy and Utility Applications market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Internet of Things (IoT) in Energy and Utility Applications 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 Type and by Application in terms of revenue and forecast for the period 2015-2026.

Market segment by Type, the product can be split into

Analytics
Security
Smart Grid Management
Predictive Asset Maintenance

Market segment by Application, split into

Water And Sewage Management
Public Utility Natural Gas Management
Power Grid Management

Based on regional and country-level analysis, the Internet of Things (IoT) in Energy and Utility Applications market has been segmented as follows:
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa

In the competitive analysis section of the report, leading as well as prominent players of the global Internet of Things (IoT) in Energy and Utility Applications market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020.

The key players covered in this study

Cisco Systems
Comcast
Ericsson
Fujitsu
General Electric
Honeywell
IBM
Oracle
Qualcomm
Robert Bosch
SAP
Teradata