Internet of Things (IoT) in Energy Market

Internet of Things (IoT) in Energy Market worth 22.34 Billion USD by 2020

The report "Internet of Things (IoT) in Energy Market by Systems & Solutions (Predictive Asset Maintenance, Connected Logistics, Security, Energy Analytics, IoT Platform, Energy Management), by Application (Oil & Gas, Mining), by Services & by Regions - Global Forecast to 2020", define and segments the market on the basis of systems and solutions, network technologies, services, applications, and regions. Systems and solutions include predictive maintenance, platform, security, connected logistic, compliance and risk management, energy analytics, intelligent energy management, mobile workforce management, and field surveillance and monitoring.

     Download PDF Brochure     Speak to Analyst     Inquiry Before Buying

Browse 130 market data Tables and 41 Figures spread through 170 Pages and in-depth TOC on "Internet of Things (IoT) in Energy Market  - Global Forecast to 2020"
https://www.marketsandmarkets.com/Market-Reports/iot-energy-market-251659593.html
Early buyers will receive 10% customization on reports.

The IoT in energy terminology is used to define the implementation of the IoT-based technology solutions and associated services into the various applications of oil & gas, and mining sector. The solutions are primarily aimed at achieving the integration of machines and intelligent data analysis to enhance the operational efficiency targets being set by the energy companies. It also improvise the analytics-based decision making, by diminishing the threats and vulnerabilities of market by using efficient tools and techniques. It imparts benefits to the various end-to-end needs, such as increase in overall operational efficiency, cost-cutting in productivity, optimization of supply chain, diminishing the energy trading risk factors, and data privacy and security, of all the affiliated industries spanning across the entire energy industry value chain.

The rise in security concerns against cyber-attacks and demand for increased operational efficiency is expected to drive the IoT in Energy market in the coming years. As a result, solution providers are shifting focus towards IoT security solutions to safeguard the connected devices. IoT based solutions are further enabling companies to increase operational efficiency. Advancement in next generation sensors is another major driving factor of the IoT in Energy market. However, lack of skilled labors and increasing concern about data security and privacy acts as a restraining growth factor of the market.

Furthermore, the IoT in Energy market is still in the growing phase. The vendors in the IoT in Energy market are AGT International, Carriots, Cisco, Davra Networks, Flutura, IBM, ILS Technology, Maven Systems, Northwest Analytics, SAP, Symboticware, and Wind River.

Network technologies have been segmented into cellular, satellite, radio, and others. The services have been segmented into system integration, professional service, and support and maintenance. In addition, the report classifies the market into the regions such as North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America.

MarketsandMarkets forecasts that the global IoT in Energy market is expected to grow from USD 7.59 Billion in 2015 to USD 22.34 Billion by 2020, at a Compound Annual Growth Rate (CAGR) of 24.1% during the forecast period. In the current scenario, North America is expected to be the largest market on the basis of market size and technological advancements.

About MarketsandMarkets

MarketsandMarkets is worlds No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&Ms flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

Report Code
TC 3815
PR Published ON
10/12/2015
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Internet of Things (IoT) in Energy Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

...

Digital Virtual Assistant - MarketsandMarkets

Home