Pune, India -- (SBWIRE) -- 12/10/2018 -- 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.

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The report then details in the next chapter detailed information and statistics about the market share of major players – ABB Ltd., Bosch Software Innovations GmbH, Cisco Systems Inc., General Electric, Hitachi Ltd., Honeywell International Inc., Huawei Technologies Co. Ltd., IBM Corporation, Intel Corporation, Microsoft Corporation, NEC Corporation, Others,  as well as key regions of the IoT Utilities Market. This analysis is followed by the supply chain analysis wherein users will get information about the supply chain, the raw materials market, manufacturing activities, production processes and cost and end user market analysis.

The IoT Utilities is segmented mainly on the basis of type and applications. Depending upon the type the IoT Utilities can be segmented as Sensor, Rfid, Connectivity Technologies, Others Based on the application the market is split into Electricity Grid Management, Gas Management, Water and Waste Management

The report sheds light on the highly lucrative IoT Utilities Market and its diversifying nature. The report provides a detailed analysis of the market segmentation, size, and share; market dynamics such as the growth drivers, restraints, challenges, and opportunities; service providers, investors, stakeholders, and key market players. In addition, the report highlights the threat factors that the market will likely encounter over the forecast period. The report provides detailed profile assessments and multi-scenario revenue projections for the most promising industry participants.

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The IoT Utilities Market report focuses on the latest trends in the and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition.

Important IoT Utilities Market Data Available In This Report:
-Strategic recommendations forecast growth areas of the IoT Utilities Market.
-Emerging opportunities, competitive landscape, the revenue share of main manufacturers.
-This report discusses the Market summary; Market scope gives a brief outline of the  Market
-Key performing regions (APAC, EMEA, Americas) along with their major countries are detailed in this report.
-Company profiles, product analysis, Marketing strategies, emerging Market segments and comprehensive analysis of Market
-Challenges for the new entrants, trends Market drivers.
-The market share year-over-year growth of key players in promising regions

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