IoT Utilities Market Size By Platform (Network Management, Device Management, Application Management), By Technology (Sensors, RFID, Connectivity Technology), By Component (Hardware, Software [Data Management, Streaming Analytics, Security, Remote Monitoring, Bandwidth Management]), By Service (Professional Service, Managed Service), By Application (Electricity Grid Management, Gas Management, Water & Waste Management), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, China, India, Japan, South Korea, Malaysia, Singapore, Australia, Brazil, Mexico, Saudi Arabia, UAE, South Africa), Industry Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2021
Houston, TX -- (SBWIRE) -- 06/18/2018 -- 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.
Global IOT Utilities Market to grow at a CAGR of +24% by 2022 Along with Major Regions Analysis and Revenue Analysis Forecasts to 2023
This statistical surveying research report on the Global IOT Utilities Market is an all-encompassing study of the industry sectors, up-to-date outlines, industry development, drivers, and restraints. It provides market projections for the coming years. It contains an analysis of late augmentations in innovation, Porter's five forces analysis and progressive profiles of hand-picked industry competitors. The report furthermore articulates an analysis of trivial and full-scale factors indicated for the new and tenured candidates in the market along with a methodical value chain exploration.
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Top Key Vendors in Market: Microsoft Corporation, Intel Corporation, Cisco Systems Inc., IBM Corporation and Huawei Technologies Co. Ltd. General Electric, Trilliant Inc., Osisoft LLC and Honeywell International Inc.
The report segments the IoT in utility market by application which is further segmented into water and waste water management, utility gas management, and electricity grid management. The market shows a growing trend with many utility companies transforming their conventional practices into an analytical performance-powered approach. The electricity grid management application is estimated to have the largest market share during the forecast period and is expected to grow at the highest CAGR.
The competitive landscape of the Global IOT Utilities Market is discussed in the report, which also includes the player's market share. The report profiles some of the leading players in the global market for the purpose of an in-depth study of the challenges faced as well as growth opportunities in the market. The report also considers the approaches implemented by the main corporations to sustain their hold on the industry. The business synopsis and financial synopsis of each of the companies have been examined.
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On the basis of geographical regions, the Global IOT Utilities Market is segmented broadly into Latin America, Europe, the Middle East and Africa, and Asia Pacific. The global market is still in its exploratory stage in most of the regions but it holds the promising potential to flourish steadily in coming years. The major companies investing in this market are situated in Canada, U.K., and the US, India, China and some more countries of Asia Pacific region. Consequently, Asia Pacific, North America, and Western Europe are estimated to hold more than half of the market shares, collectively in coming years.
In the last sections of the report, the manufacturers responsible for increasing the sales in the IOT Utilities Market have been presented. These manufacturers have been analyzed in terms of their manufacturing base, basic information, and competitors. In addition, the technology and product type introduced by each of these manufacturers also form a key part of this section of the report.
Table of Content:
Global IOT Utilities Market Research Report
Chapter 1 IOT Utilities Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast