IoT in Utility Market By Component (Application Software, Network, Device, Service), By Application (Smart Grid, Smart Metering, Smart Water), By Region (North America, Europe, Asia Pacific, Middle East Africa, Latin America) – Global Forecast up to 2025

November 2019 | 76 pages | ID: I9322AEE13C2EN
IHR Insights

Abstracts

Global IoT in Utility Market – Drivers, Restraints, Opportunities, Trends, and Forecast up to 2025

The market research report by Infoholic Research includes a detailed segmentation of the global IoT in utility market by component (application software, network, device, and service), by application (smart grid, smart metering, and smart water), and by region (North America, Europe, Asia Pacific, Middle East Africa, and Latin America). This market research report identifies PingThings, Itron, Actility, Trilliant, Samppee, Verdigris, Energyworx, Grid4C, WAVIoT, and Tibber as the market leaders operating in the global IoT in utility market.

Overview of the Global IoT in Utility Market

Infoholic’s market research report predicts that the global IoT in utility market will grow at a CAGR of more than 18% during the forecast period 2019–2025. The market for IoT in utility is determined by the increased interest among consumers to optimize and monitor the usage of electricity and water services, among others.

IoT in utility is poised to transform the utility industry in terms of energy distribution and usage. With a focus on analytics and AI, IoT is leveraging the power of data to make informed decisions that help in minimizing costs.

IoT in Utility Market Research Competitive Analysis and Key Vendors
The report covers and analyzes the global IoT in utility market. The key players are adopting various organic as well as inorganic growth strategies such as collaborations & partnerships, joint ventures, and few other strategies to be in a strong position in the market.

Few of the Key Vendors in the IoT in Utility Market:

• PingThings
• Itron
• Actility
• Trilliant
• Smappee

There are few other vendors that have been analyzed based on their portfolio, geographical presence, marketing & distribution channels, revenue generation, and significant investments in R&D for analysis of the entire ecosystem.

IoT in Utility Market Segmentation By Component

• Application Software
• Analytics
• Billing
• Security
• Network
• SCADA
• Distribution Management
• Device
• Service
• Deployment and Integration
• Maintenance and Support
• Consulting

The network segment contributes significantly to the market growth. The application software segment is expected to grow at the highest CAGR during the forecast period 2019–2025.

IoT in Utility Market Segmentation By Application

• Smart Grid
• Smart Metering
• Smart Water

The smart metering segment is estimated to hold the largest market share in 2019, and this trend will continue during the forecast period 2019–2025.

IoT in Utility Market Research Benefits

The report by Infoholic Research provides an in-depth analysis of the global IoT in utility market. IoT in utility combines various technologies for improving, improvising, and offer better results to deliver. It analyzes customer touchpoints, network, and operational faults in systems and notifies in case of any failures. A number of emerging vendors are entering the market with a focus on leveraging IoT applications, and the leading IoT vendors, i.e., Schneider Electric and Siemens, are focusing on IoT platform and integration capabilities. The intelligent integration of building automation systems (BAS) and energy management systems is driving the growth of the IoT in utility market.

Contents

1 EXECUTIVE SUMMARY

1.1 Synopsis of Key Findings

2 INDUSTRY OUTLOOK

2.1 Industry Snapshot
  2.1.1 Industry Overview
  2.1.2 Industry Trends

3 MARKET SNAPSHOT

3.1 Total Addressable Market
3.2 Segmented Addressable Market
  3.2.1 PEST Analysis
  3.2.2 Porter’s Five Force Analysis
3.3 Related Markets (IoT Monetization, Field Service Management)

4 MARKET CHARACTERISTICS

4.1 Market Evolution (eCommerce, Environment Analytics)
  4.1.1 Ecosystem
4.2 Market Trends and Impact
4.3 Market Segmentation
4.4 Market Dynamics
  4.4.1 Market Drivers
  4.4.2 Market Restraints
  4.4.3 Market Opportunities
  4.4.4 DRO – Impact Analysis

5 BY COMPONENT – MARKET SIZE AND ANALYSIS

5.1 Overview
5.2 Application Software
  5.2.1 Analytics
  5.2.2 Billing
  5.2.3 Security
5.3 Network
  5.3.1 SCADA
  5.3.2 Distribution Management
5.4 Device
5.5 Service
  5.5.1 Deployment and Integration
  5.5.2 Maintenance and Support
  5.5.3 Consulting

6 BY APPLICATION – MARKET SIZE AND ANALYSIS

6.1 Overview
6.2 Smart Grid
6.3 Smart Metering
6.4 Smart Water

7 BY GEOGRAPHY – MARKET SIZE AND ANALYSIS

7.1 Overview
7.2 North America
  7.2.1 US
  7.2.2 Canada
7.3 Europe
  7.3.1 Germany
  7.3.2 UK
  7.3.3 France
  7.3.4 Rest of Europe
7.4 Asia Pacific
  7.4.1 China
  7.4.2 Australia
  7.4.3 Japan
  7.4.4 India
  7.4.5 Rest of APAC
7.5 Middle East Africa
  7.5.1 South Africa
  7.5.2 UAE
  7.5.3 Rest of MEA
7.6 Latin America
  7.6.1 Brazil
  7.6.2 Mexico
  7.6.3 Rest of Latin America

8 COMPETITIVE LANDSCAPE

8.1 Competitor Analysis
8.2 Product/Offerings Portfolio Analysis
8.3 Market Developments
  8.3.1 Mergers & Acquisitions (M&A), Expansions, and Partnerships
  8.3.2 Business Restructuring
  8.3.3 Product Launches & Exhibitions

9 VENDORS PROFILE

9.1 PingThings
9.2 Itron
9.3 Actility
9.4 Trilliant
9.5 Smappee
9.6 Verdigris
9.7 Energyworx
9.8 Grid4C
9.9 Waviot
9.10 Tibber

10 ANNEXURE

10.1 Report Scope
10.2 Market Definition
10.3 Research Methodology
  10.3.1 Data Collation & In-house Estimation
  10.3.2 Market Triangulation
  10.3.3 Forecasting
10.4 Study Declarations
10.5 Report Assumptions
10.6 Stakeholders
10.7 Abbreviations

List Of Tables

LIST OF TABLES

TABLE X KEY FACTS ABOUT IOT INDUSTRY
TABLE X GLOBAL IOT IN UTILITY MARKET REVENUE, 2018–2025 ($MILLION)
TABLE X GLOBAL IOT IN UTILITY MARKET REVENUE, BY COMPONENT, 2018–2025 ($MILLION)
TABLE X GLOBAL IOT IN UTILITY MARKET REVENUE, BY APPLICATION, 2018–2025 ($MILLION)
TABLE X GLOBAL IOT IN UTILITY MARKET REVENUE, BY GEOGRAPHY, 2018–2025 ($MILLION)
TABLE X MAJOR COMPANIES AND THEIR OPERATIONS
TABLE X PRODUCT/OFFERINGS: GLOBAL IOT IN UTILITY MARKET
TABLE X MERGERS & ACQUISITIONS, 2016–2019
TABLE X EXPANSIONS, 2016–2019
TABLE XX BUSINESS RESTRUCTURING, 2016–2019
TABLE XX PINGTHINGS: OVERVIEW
TABLE XX PINGTHINGS: STRATEGIC SNAPSHOT
TABLE XX PINGTHINGS: PRODUCT/SERVICE PORTFOLIO
TABLE XX XX: XXX
TABLE XX XX: XXX
TABLE XX XX: XXX
TABLE XX RESEARCH METHODOLOGY OF GLOBAL IOT IN UTILITY MARKET: DATA COLLATION
TABLE XX RESEARCH METHODOLOGY OF GLOBAL IOT IN UTILITY MARKET: TRIANGULATION

List Of Figures

LIST OF FIGURES

CHART X GLOBAL IOT IN UTILITY MARKET
CHART X GLOBAL IOT IN UTILITY MARKET REVENUE, 2018–2025 ($MILLION)
CHART X PEST ANALYSIS: GLOBAL IOT IN UTILITY MARKET
CHART X PORTER’S 5 FORCE ANALYSIS: GLOBAL IOT IN UTILITY MARKET
CHART X IOT IN UTILITY MARKET ECOSYSTEM
CHART X SEGMENTATION: GLOBAL IOT IN UTILITY MARKET
CHART X MARKET DYNAMICS – DRIVERS, RESTRAINTS & OPPORTUNITIES
CHART XX DRO – IMPACT ANALYSIS: GLOBAL IOT IN UTILITY MARKET
CHART XX GLOBAL IOT IN UTILITY MARKET REVENUE, BY COMPONENT, 2018–2025 ($MILLION)
CHART XX GLOBAL IOT IN UTILITY MARKET REVENUE, BY APPLICATION, 2018–2025 ($MILLION)
CHART XX IOT IN UTILITY MARKET REVENUE IN APAC, 2018–2025 ($MILLION)
CHART XX IOT IN UTILITY MARKET REVENUE IN NORTH AMERICA, 2018–2025 ($MILLION)
CHART XX IOT IN UTILITY MARKET REVENUE IN EUROPE, 2018–2025 ($MILLION)
CHART XX IOT IN UTILITY MARKET REVENUE IN MEA, 2018–2025 ($MILLION)
CHART XX MAJOR STAKEHOLDERS IN THE MARKET
CHART XX XXXXXXXXXXXXXXXXX
CHART XX XXXXXXXXXXXXXXXXX
CHART XX XXXXXXXXXXXXXXXXX

COMPANIES MENTIONED

PingThings
Itron
Actility
Trilliant
Smappee