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Internet of Things (IoT) in Utility-Global Market Insights and Sales Trends 2025
Synopsis
Emergence of cloud-based platforms and declining cost of Internet of Things (IoT) components will drive the adoption of IoT-based software solutions in utility sector.
The global Internet of Things (IoT) in Utility market size is expected to reach US$ 77650 million by 2029, growing at a CAGR of 11.3% from 2023 to 2029. The market is mainly driven by the significant applications of Internet of Things (IoT) in Utility in various end use industries. The expanding demands from the Water And Sewage Management, Public Utility Natural Gas Management and Power Grid Management,, are propelling Internet of Things (IoT) in Utility market. Analytics, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Security segment is estimated at % CAGR for the next seven-year period.
The number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China's data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Internet of Things (IoT) in Utility, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Internet of Things (IoT) in Utility market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Internet of Things (IoT) in Utility market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Internet of Things (IoT) in Utility sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Internet of Things (IoT) in Utility covered in this report include SILVERS SPRING NETWORKS, TRILLIANT, OSISOFT, C3 ENERGY, ENERGYWORX SOLUTIONS & SERVICES B.V., CRYPTOSOFT, TIBBO TECHNOLOGY, AMPLIA SOLUCIONES and WAVIOT, etc.
The global Internet of Things (IoT) in Utility market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
SILVERS SPRING NETWORKS
TRILLIANT
OSISOFT
C3 ENERGY
ENERGYWORX SOLUTIONS & SERVICES B.V.
CRYPTOSOFT
TIBBO TECHNOLOGY
AMPLIA SOLUCIONES
WAVIOT
GRID4C
PEOPLE POWER
Global Internet of Things (IoT) in Utility market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Internet of Things (IoT) in Utility market, Segment by Type:
Analytics
Security
Smart Grid Management
Predictive Asset Maintenance
Global Internet of Things (IoT) in Utility market, by Application
Water And Sewage Management
Public Utility Natural Gas Management
Power Grid Management
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Internet of Things (IoT) in Utility companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Emergence of cloud-based platforms and declining cost of Internet of Things (IoT) components will drive the adoption of IoT-based software solutions in utility sector.
The global Internet of Things (IoT) in Utility market size is expected to reach US$ 77650 million by 2029, growing at a CAGR of 11.3% from 2023 to 2029. The market is mainly driven by the significant applications of Internet of Things (IoT) in Utility in various end use industries. The expanding demands from the Water And Sewage Management, Public Utility Natural Gas Management and Power Grid Management,, are propelling Internet of Things (IoT) in Utility market. Analytics, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Security segment is estimated at % CAGR for the next seven-year period.
The number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China's data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Internet of Things (IoT) in Utility, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Internet of Things (IoT) in Utility market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Internet of Things (IoT) in Utility market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Internet of Things (IoT) in Utility sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Internet of Things (IoT) in Utility covered in this report include SILVERS SPRING NETWORKS, TRILLIANT, OSISOFT, C3 ENERGY, ENERGYWORX SOLUTIONS & SERVICES B.V., CRYPTOSOFT, TIBBO TECHNOLOGY, AMPLIA SOLUCIONES and WAVIOT, etc.
The global Internet of Things (IoT) in Utility market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
SILVERS SPRING NETWORKS
TRILLIANT
OSISOFT
C3 ENERGY
ENERGYWORX SOLUTIONS & SERVICES B.V.
CRYPTOSOFT
TIBBO TECHNOLOGY
AMPLIA SOLUCIONES
WAVIOT
GRID4C
PEOPLE POWER
Global Internet of Things (IoT) in Utility market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Internet of Things (IoT) in Utility market, Segment by Type:
Analytics
Security
Smart Grid Management
Predictive Asset Maintenance
Global Internet of Things (IoT) in Utility market, by Application
Water And Sewage Management
Public Utility Natural Gas Management
Power Grid Management
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Internet of Things (IoT) in Utility companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Internet of Things (IoT) in Utility
1.1 Internet of Things (IoT) in Utility Market Overview
1.1.1 Internet of Things (IoT) in Utility Product Scope
1.1.2 Internet of Things (IoT) in Utility Market Status and Outlook
1.2 Global Internet of Things (IoT) in Utility Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Internet of Things (IoT) in Utility Market Size by Region (2018-2029)
1.4 Global Internet of Things (IoT) in Utility Historic Market Size by Region (2018-2023)
1.5 Global Internet of Things (IoT) in Utility Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Internet of Things (IoT) in Utility Market Size (2018-2029)
1.6.1 North America Internet of Things (IoT) in Utility Market Size (2018-2029)
1.6.2 Europe Internet of Things (IoT) in Utility Market Size (2018-2029)
1.6.3 Asia-Pacific Internet of Things (IoT) in Utility Market Size (2018-2029)
1.6.4 Latin America Internet of Things (IoT) in Utility Market Size (2018-2029)
1.6.5 Middle East & Africa Internet of Things (IoT) in Utility Market Size (2018-2029)
2 Internet of Things (IoT) in Utility Market by Type
2.1 Introduction
2.1.1 Analytics
2.1.2 Security
2.1.3 Smart Grid Management
2.1.4 Predictive Asset Maintenance
2.2 Global Internet of Things (IoT) in Utility Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Internet of Things (IoT) in Utility Historic Market Size by Type (2018-2023)
2.2.2 Global Internet of Things (IoT) in Utility Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Internet of Things (IoT) in Utility Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Internet of Things (IoT) in Utility Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Internet of Things (IoT) in Utility Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Internet of Things (IoT) in Utility Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Internet of Things (IoT) in Utility Revenue Breakdown by Type (2018-2029)
3 Internet of Things (IoT) in Utility Market Overview by Application
3.1 Introduction
3.1.1 Water And Sewage Management
3.1.2 Public Utility Natural Gas Management
3.1.3 Power Grid Management
3.2 Global Internet of Things (IoT) in Utility Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Internet of Things (IoT) in Utility Historic Market Size by Application (2018-2023)
3.2.2 Global Internet of Things (IoT) in Utility Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Internet of Things (IoT) in Utility Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Internet of Things (IoT) in Utility Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Internet of Things (IoT) in Utility Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Internet of Things (IoT) in Utility Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Internet of Things (IoT) in Utility Revenue Breakdown by Application (2018-2029)
4 Internet of Things (IoT) in Utility Competition Analysis by Players
4.1 Global Internet of Things (IoT) in Utility Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Internet of Things (IoT) in Utility as of 2022)
4.3 Date of Key Players Enter into Internet of Things (IoT) in Utility Market
4.4 Global Top Players Internet of Things (IoT) in Utility Headquarters and Area Served
4.5 Key Players Internet of Things (IoT) in Utility Product Solution and Service
4.6 Competitive Status
4.6.1 Internet of Things (IoT) in Utility Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 SILVERS SPRING NETWORKS
5.1.1 SILVERS SPRING NETWORKS Profile
5.1.2 SILVERS SPRING NETWORKS Main Business
5.1.3 SILVERS SPRING NETWORKS Internet of Things (IoT) in Utility Products, Services and Solutions
5.1.4 SILVERS SPRING NETWORKS Internet of Things (IoT) in Utility Revenue (US$ Million) & (2018-2023)
5.1.5 SILVERS SPRING NETWORKS Recent Developments
5.2 TRILLIANT
5.2.1 TRILLIANT Profile
5.2.2 TRILLIANT Main Business
5.2.3 TRILLIANT Internet of Things (IoT) in Utility Products, Services and Solutions
5.2.4 TRILLIANT Internet of Things (IoT) in Utility Revenue (US$ Million) & (2018-2023)
5.2.5 TRILLIANT Recent Developments
5.3 OSISOFT
5.3.1 OSISOFT Profile
5.3.2 OSISOFT Main Business
5.3.3 OSISOFT Internet of Things (IoT) in Utility Products, Services and Solutions
5.3.4 OSISOFT Internet of Things (IoT) in Utility Revenue (US$ Million) & (2018-2023)
5.3.5 C3 ENERGY Recent Developments
5.4 C3 ENERGY
5.4.1 C3 ENERGY Profile
5.4.2 C3 ENERGY Main Business
5.4.3 C3 ENERGY Internet of Things (IoT) in Utility Products, Services and Solutions
5.4.4 C3 ENERGY Internet of Things (IoT) in Utility Revenue (US$ Million) & (2018-2023)
5.4.5 C3 ENERGY Recent Developments
5.5 ENERGYWORX SOLUTIONS & SERVICES B.V.
5.5.1 ENERGYWORX SOLUTIONS & SERVICES B.V. Profile
5.5.2 ENERGYWORX SOLUTIONS & SERVICES B.V. Main Business
5.5.3 ENERGYWORX SOLUTIONS & SERVICES B.V. Internet of Things (IoT) in Utility Products, Services and Solutions
5.5.4 ENERGYWORX SOLUTIONS & SERVICES B.V. Internet of Things (IoT) in Utility Revenue (US$ Million) & (2018-2023)
5.5.5 ENERGYWORX SOLUTIONS & SERVICES B.V. Recent Developments
5.6 CRYPTOSOFT
5.6.1 CRYPTOSOFT Profile
5.6.2 CRYPTOSOFT Main Business
5.6.3 CRYPTOSOFT Internet of Things (IoT) in Utility Products, Services and Solutions
5.6.4 CRYPTOSOFT Internet of Things (IoT) in Utility Revenue (US$ Million) & (2018-2023)
5.6.5 CRYPTOSOFT Recent Developments
5.7 TIBBO TECHNOLOGY
5.7.1 TIBBO TECHNOLOGY Profile
5.7.2 TIBBO TECHNOLOGY Main Business
5.7.3 TIBBO TECHNOLOGY Internet of Things (IoT) in Utility Products, Services and Solutions
5.7.4 TIBBO TECHNOLOGY Internet of Things (IoT) in Utility Revenue (US$ Million) & (2018-2023)
5.7.5 TIBBO TECHNOLOGY Recent Developments
5.8 AMPLIA SOLUCIONES
5.8.1 AMPLIA SOLUCIONES Profile
5.8.2 AMPLIA SOLUCIONES Main Business
5.8.3 AMPLIA SOLUCIONES Internet of Things (IoT) in Utility Products, Services and Solutions
5.8.4 AMPLIA SOLUCIONES Internet of Things (IoT) in Utility Revenue (US$ Million) & (2018-2023)
5.8.5 AMPLIA SOLUCIONES Recent Developments
5.9 WAVIOT
5.9.1 WAVIOT Profile
5.9.2 WAVIOT Main Business
5.9.3 WAVIOT Internet of Things (IoT) in Utility Products, Services and Solutions
5.9.4 WAVIOT Internet of Things (IoT) in Utility Revenue (US$ Million) & (2018-2023)
5.9.5 WAVIOT Recent Developments
5.10 GRID4C
5.10.1 GRID4C Profile
5.10.2 GRID4C Main Business
5.10.3 GRID4C Internet of Things (IoT) in Utility Products, Services and Solutions
5.10.4 GRID4C Internet of Things (IoT) in Utility Revenue (US$ Million) & (2018-2023)
5.10.5 GRID4C Recent Developments
5.11 PEOPLE POWER
5.11.1 PEOPLE POWER Profile
5.11.2 PEOPLE POWER Main Business
5.11.3 PEOPLE POWER Internet of Things (IoT) in Utility Products, Services and Solutions
5.11.4 PEOPLE POWER Internet of Things (IoT) in Utility Revenue (US$ Million) & (2018-2023)
5.11.5 PEOPLE POWER Recent Developments
6 North America
6.1 North America Internet of Things (IoT) in Utility Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Internet of Things (IoT) in Utility Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Internet of Things (IoT) in Utility Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Internet of Things (IoT) in Utility Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Internet of Things (IoT) in Utility Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Internet of Things (IoT) in Utility Market Dynamics
11.1 Internet of Things (IoT) in Utility Industry Trends
11.2 Internet of Things (IoT) in Utility Market Drivers
11.3 Internet of Things (IoT) in Utility Market Challenges
11.4 Internet of Things (IoT) in Utility Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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