IoT Utilities Market, Global Outlook and Forecast 2022-2028

March 2022 | 67 pages | ID: I8787CBECCC4EN
Market Monitor Global

Abstracts

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.

This report contains market size and forecasts of IoT Utilities in Global, including the following market information:

Global IoT Utilities Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global IoT Utilities market was valued at 5793.8 million in 2021 and is projected to reach US$ 11890 million by 2028, at a CAGR of 10.8% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Sensor Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of IoT Utilities include ABB, Bosch Software Innovations, Cisco Systems, General Electric, Hitachi, Honeywell International, Huawei Technologies, IBM Corporation and Intel Corporation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the IoT Utilities companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global IoT Utilities Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global IoT Utilities Market Segment Percentages, by Type, 2021 (%)

• Sensor
• Rfid
• Connectivity Technologies
• Others

Global IoT Utilities Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global IoT Utilities Market Segment Percentages, by Application, 2021 (%)

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

Global IoT Utilities Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global IoT Utilities Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies IoT Utilities revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies IoT Utilities revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

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

Contents

1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 IoT Utilities Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global IoT Utilities Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL IOT UTILITIES OVERALL MARKET SIZE

2.1 Global IoT Utilities Market Size: 2021 VS 2028
2.2 Global IoT Utilities Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
  2.3.1 Market Opportunities & Trends
  2.3.2 Market Drivers
  2.3.3 Market Restraints

3 COMPANY LANDSCAPE

3.1 Top IoT Utilities Players in Global Market
3.2 Top Global IoT Utilities Companies Ranked by Revenue
3.3 Global IoT Utilities Revenue by Companies
3.4 Top 3 and Top 5 IoT Utilities Companies in Global Market, by Revenue in 2021
3.5 Global Companies IoT Utilities Product Type
3.6 Tier 1, Tier 2 and Tier 3 IoT Utilities Players in Global Market
  3.6.1 List of Global Tier 1 IoT Utilities Companies
  3.6.2 List of Global Tier 2 and Tier 3 IoT Utilities Companies

4 MARKET SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 by Type - Global IoT Utilities Market Size Markets, 2021 & 2028
  4.1.2 Sensor
  4.1.3 Rfid
  4.1.4 Connectivity Technologies
  4.1.5 Others
4.2 By Type - Global IoT Utilities Revenue & Forecasts
  4.2.1 By Type - Global IoT Utilities Revenue, 2017-2022
  4.2.2 By Type - Global IoT Utilities Revenue, 2023-2028
  4.2.3 By Type - Global IoT Utilities Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global IoT Utilities Market Size, 2021 & 2028
  5.1.2 Electricity Grid Management
  5.1.3 Gas Management
  5.1.4 Waste Management
  5.1.5 Others
5.2 By Application - Global IoT Utilities Revenue & Forecasts
  5.2.1 By Application - Global IoT Utilities Revenue, 2017-2022
  5.2.2 By Application - Global IoT Utilities Revenue, 2023-2028
  5.2.3 By Application - Global IoT Utilities Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global IoT Utilities Market Size, 2021 & 2028
6.2 By Region - Global IoT Utilities Revenue & Forecasts
  6.2.1 By Region - Global IoT Utilities Revenue, 2017-2022
  6.2.2 By Region - Global IoT Utilities Revenue, 2023-2028
  6.2.3 By Region - Global IoT Utilities Revenue Market Share, 2017-2028
6.3 North America
  6.3.1 By Country - North America IoT Utilities Revenue, 2017-2028
  6.3.2 US IoT Utilities Market Size, 2017-2028
  6.3.3 Canada IoT Utilities Market Size, 2017-2028
  6.3.4 Mexico IoT Utilities Market Size, 2017-2028
6.4 Europe
  6.4.1 By Country - Europe IoT Utilities Revenue, 2017-2028
  6.4.2 Germany IoT Utilities Market Size, 2017-2028
  6.4.3 France IoT Utilities Market Size, 2017-2028
  6.4.4 U.K. IoT Utilities Market Size, 2017-2028
  6.4.5 Italy IoT Utilities Market Size, 2017-2028
  6.4.6 Russia IoT Utilities Market Size, 2017-2028
  6.4.7 Nordic Countries IoT Utilities Market Size, 2017-2028
  6.4.8 Benelux IoT Utilities Market Size, 2017-2028
6.5 Asia
  6.5.1 By Region - Asia IoT Utilities Revenue, 2017-2028
  6.5.2 China IoT Utilities Market Size, 2017-2028
  6.5.3 Japan IoT Utilities Market Size, 2017-2028
  6.5.4 South Korea IoT Utilities Market Size, 2017-2028
  6.5.5 Southeast Asia IoT Utilities Market Size, 2017-2028
  6.5.6 India IoT Utilities Market Size, 2017-2028
6.6 South America
  6.6.1 By Country - South America IoT Utilities Revenue, 2017-2028
  6.6.2 Brazil IoT Utilities Market Size, 2017-2028
  6.6.3 Argentina IoT Utilities Market Size, 2017-2028
6.7 Middle East & Africa
  6.7.1 By Country - Middle East & Africa IoT Utilities Revenue, 2017-2028
  6.7.2 Turkey IoT Utilities Market Size, 2017-2028
  6.7.3 Israel IoT Utilities Market Size, 2017-2028
  6.7.4 Saudi Arabia IoT Utilities Market Size, 2017-2028
  6.7.5 UAE IoT Utilities Market Size, 2017-2028

7 PLAYERS PROFILES

7.1 ABB
  7.1.1 ABB Corporate Summary
  7.1.2 ABB Business Overview
  7.1.3 ABB IoT Utilities Major Product Offerings
  7.1.4 ABB IoT Utilities Revenue in Global Market (2017-2022)
  7.1.5 ABB Key News
7.2 Bosch Software Innovations
  7.2.1 Bosch Software Innovations Corporate Summary
  7.2.2 Bosch Software Innovations Business Overview
  7.2.3 Bosch Software Innovations IoT Utilities Major Product Offerings
  7.2.4 Bosch Software Innovations IoT Utilities Revenue in Global Market (2017-2022)
  7.2.5 Bosch Software Innovations Key News
7.3 Cisco Systems
  7.3.1 Cisco Systems Corporate Summary
  7.3.2 Cisco Systems Business Overview
  7.3.3 Cisco Systems IoT Utilities Major Product Offerings
  7.3.4 Cisco Systems IoT Utilities Revenue in Global Market (2017-2022)
  7.3.5 Cisco Systems Key News
7.4 General Electric
  7.4.1 General Electric Corporate Summary
  7.4.2 General Electric Business Overview
  7.4.3 General Electric IoT Utilities Major Product Offerings
  7.4.4 General Electric IoT Utilities Revenue in Global Market (2017-2022)
  7.4.5 General Electric Key News
7.5 Hitachi
  7.5.1 Hitachi Corporate Summary
  7.5.2 Hitachi Business Overview
  7.5.3 Hitachi IoT Utilities Major Product Offerings
  7.5.4 Hitachi IoT Utilities Revenue in Global Market (2017-2022)
  7.5.5 Hitachi Key News
7.6 Honeywell International
  7.6.1 Honeywell International Corporate Summary
  7.6.2 Honeywell International Business Overview
  7.6.3 Honeywell International IoT Utilities Major Product Offerings
  7.6.4 Honeywell International IoT Utilities Revenue in Global Market (2017-2022)
  7.6.5 Honeywell International Key News
7.7 Huawei Technologies
  7.7.1 Huawei Technologies Corporate Summary
  7.7.2 Huawei Technologies Business Overview
  7.7.3 Huawei Technologies IoT Utilities Major Product Offerings
  7.7.4 Huawei Technologies IoT Utilities Revenue in Global Market (2017-2022)
  7.7.5 Huawei Technologies Key News
7.8 IBM Corporation
  7.8.1 IBM Corporation Corporate Summary
  7.8.2 IBM Corporation Business Overview
  7.8.3 IBM Corporation IoT Utilities Major Product Offerings
  7.8.4 IBM Corporation IoT Utilities Revenue in Global Market (2017-2022)
  7.8.5 IBM Corporation Key News
7.9 Intel Corporation
  7.9.1 Intel Corporation Corporate Summary
  7.9.2 Intel Corporation Business Overview
  7.9.3 Intel Corporation IoT Utilities Major Product Offerings
  7.9.4 Intel Corporation IoT Utilities Revenue in Global Market (2017-2022)
  7.9.5 Intel Corporation Key News
7.10 Microsoft Corporation
  7.10.1 Microsoft Corporation Corporate Summary
  7.10.2 Microsoft Corporation Business Overview
  7.10.3 Microsoft Corporation IoT Utilities Major Product Offerings
  7.10.4 Microsoft Corporation IoT Utilities Revenue in Global Market (2017-2022)
  7.10.5 Microsoft Corporation Key News
7.11 NEC Corporation
  7.11.1 NEC Corporation Corporate Summary
  7.11.2 NEC Corporation Business Overview
  7.11.3 NEC Corporation IoT Utilities Major Product Offerings
  7.11.4 NEC Corporation IoT Utilities Revenue in Global Market (2017-2022)
  7.11.5 NEC Corporation Key News

8 CONCLUSION

9 APPENDIX

9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

List Of Tables

LIST OF TABLES

Table 1. IoT Utilities Market Opportunities & Trends in Global Market
Table 2. IoT Utilities Market Drivers in Global Market
Table 3. IoT Utilities Market Restraints in Global Market
Table 4. Key Players of IoT Utilities in Global Market
Table 5. Top IoT Utilities Players in Global Market, Ranking by Revenue (2021)
Table 6. Global IoT Utilities Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global IoT Utilities Revenue Share by Companies, 2017-2022
Table 8. Global Companies IoT Utilities Product Type
Table 9. List of Global Tier 1 IoT Utilities Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 IoT Utilities Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global IoT Utilities Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - IoT Utilities Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - IoT Utilities Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global IoT Utilities Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - IoT Utilities Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - IoT Utilities Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global IoT Utilities Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global IoT Utilities Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global IoT Utilities Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America IoT Utilities Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America IoT Utilities Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe IoT Utilities Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe IoT Utilities Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia IoT Utilities Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia IoT Utilities Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America IoT Utilities Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America IoT Utilities Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa IoT Utilities Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa IoT Utilities Revenue, (US$, Mn), 2023-2028
Table 30. ABB Corporate Summary
Table 31. ABB IoT Utilities Product Offerings
Table 32. ABB IoT Utilities Revenue (US$, Mn), (2017-2022)
Table 33. Bosch Software Innovations Corporate Summary
Table 34. Bosch Software Innovations IoT Utilities Product Offerings
Table 35. Bosch Software Innovations IoT Utilities Revenue (US$, Mn), (2017-2022)
Table 36. Cisco Systems Corporate Summary
Table 37. Cisco Systems IoT Utilities Product Offerings
Table 38. Cisco Systems IoT Utilities Revenue (US$, Mn), (2017-2022)
Table 39. General Electric Corporate Summary
Table 40. General Electric IoT Utilities Product Offerings
Table 41. General Electric IoT Utilities Revenue (US$, Mn), (2017-2022)
Table 42. Hitachi Corporate Summary
Table 43. Hitachi IoT Utilities Product Offerings
Table 44. Hitachi IoT Utilities Revenue (US$, Mn), (2017-2022)
Table 45. Honeywell International Corporate Summary
Table 46. Honeywell International IoT Utilities Product Offerings
Table 47. Honeywell International IoT Utilities Revenue (US$, Mn), (2017-2022)
Table 48. Huawei Technologies Corporate Summary
Table 49. Huawei Technologies IoT Utilities Product Offerings
Table 50. Huawei Technologies IoT Utilities Revenue (US$, Mn), (2017-2022)
Table 51. IBM Corporation Corporate Summary
Table 52. IBM Corporation IoT Utilities Product Offerings
Table 53. IBM Corporation IoT Utilities Revenue (US$, Mn), (2017-2022)
Table 54. Intel Corporation Corporate Summary
Table 55. Intel Corporation IoT Utilities Product Offerings
Table 56. Intel Corporation IoT Utilities Revenue (US$, Mn), (2017-2022)
Table 57. Microsoft Corporation Corporate Summary
Table 58. Microsoft Corporation IoT Utilities Product Offerings
Table 59. Microsoft Corporation IoT Utilities Revenue (US$, Mn), (2017-2022)
Table 60. NEC Corporation Corporate Summary
Table 61. NEC Corporation IoT Utilities Product Offerings
Table 62. NEC Corporation IoT Utilities Revenue (US$, Mn), (2017-2022)

List Of Figures

LIST OF FIGURES

Figure 1. IoT Utilities Segment by Type in 2021
Figure 2. IoT Utilities Segment by Application in 2021
Figure 3. Global IoT Utilities Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global IoT Utilities Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global IoT Utilities Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by IoT Utilities Revenue in 2021
Figure 8. By Type - Global IoT Utilities Revenue Market Share, 2017-2028
Figure 9. By Application - Global IoT Utilities Revenue Market Share, 2017-2028
Figure 10. By Region - Global IoT Utilities Revenue Market Share, 2017-2028
Figure 11. By Country - North America IoT Utilities Revenue Market Share, 2017-2028
Figure 12. US IoT Utilities Revenue, (US$, Mn), 2017-2028
Figure 13. Canada IoT Utilities Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico IoT Utilities Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe IoT Utilities Revenue Market Share, 2017-2028
Figure 16. Germany IoT Utilities Revenue, (US$, Mn), 2017-2028
Figure 17. France IoT Utilities Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. IoT Utilities Revenue, (US$, Mn), 2017-2028
Figure 19. Italy IoT Utilities Revenue, (US$, Mn), 2017-2028
Figure 20. Russia IoT Utilities Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries IoT Utilities Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux IoT Utilities Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia IoT Utilities Revenue Market Share, 2017-2028
Figure 24. China IoT Utilities Revenue, (US$, Mn), 2017-2028
Figure 25. Japan IoT Utilities Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea IoT Utilities Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia IoT Utilities Revenue, (US$, Mn), 2017-2028
Figure 28. India IoT Utilities Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America IoT Utilities Revenue Market Share, 2017-2028
Figure 30. Brazil IoT Utilities Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina IoT Utilities Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa IoT Utilities Revenue Market Share, 2017-2028
Figure 33. Turkey IoT Utilities Revenue, (US$, Mn), 2017-2028
Figure 34. Israel IoT Utilities Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia IoT Utilities Revenue, (US$, Mn), 2017-2028
Figure 36. UAE IoT Utilities Revenue, (US$, Mn), 2017-2028
Figure 37. ABB IoT Utilities Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. Bosch Software Innovations IoT Utilities Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Cisco Systems IoT Utilities Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. General Electric IoT Utilities Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. Hitachi IoT Utilities Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. Honeywell International IoT Utilities Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. Huawei Technologies IoT Utilities Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. IBM Corporation IoT Utilities Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. Intel Corporation IoT Utilities Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 46. Microsoft Corporation IoT Utilities Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 47. NEC Corporation IoT Utilities Revenue Year Over Year Growth (US$, Mn) & (2017-2022)