Global IOT Utilities Market to Grow at a CAGR of +24% by 2022 Along with Major Regions Analysis and Revenue Analysis Forecasts to 2023
Network management platform is expected to witness significant growth in IoT utilities market over the forecast timeline. This is attributed to the increasing demand of management of devices operating in the IoT network. This platform enables the users to make a transition to the grid by allowing them real-time visibility across the pipeline and grid assets. It gives operators the visibility to respond quickly in case of any emergency such as gas leak from the facilities.