IoT in Energy Market Growth Opportunities and Future Scope by 2031

Surge in penetration of IoT-based solution in the energy sector and increased adoption of network technologies have boosted the growth of the global Internet of Things (IoT) in Energy Market. The market across North America held the lion’s share in 2021, accounting for around two-fifths of the market. The Covid-19 pandemic positively affected the market due to surge in adoption of work from home culture across the globe.

Download free sample report at: 

https://www.alliedmarketresearch.com/request-sample/2937

The report divides the global internet of things (IoT) in energy market on the basis of component, network technology, application, organization size, and region.

Based on component, the solution segment held the largest share in 2021, accounting for more than two-thirds of the market. However, the services segment is projected to manifest the highest CAGR of 22.1% during the forecast period.

Access Full Summary at:

https://www.alliedmarketresearch.com/iot-in-energy-market

On the basis of network technology, the radio network segment held the lion’s share in 2021, contributing to around two-thirds of the market. However, the cellular network segment is estimated to portray the highest CAGR of 25.4% from 2022 to 2031.

For Purchase Enquiry

https://www.alliedmarketresearch.com/purchase-enquiry/2937

The report offers an analysis of the global internet of things (IoT) in energy market across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America held the lion’s share in 2021, accounting for around two-fifths of the market. However, the market across Asia-Pacific is anticipated to showcase the highest CAGR of 24.0% during the forecast period.

The global internet of IoT in energy market report includes an in-depth analysis of the prime market players such as Accenture PLC, HCL Technologies, Bosch, Cisco, Google Inc., Hewlett-Packard, IBM Corporation, Intel Corporation, Sap SE, and Schneider Electric.

If you have any special requirements, please let us know: 

https://www.alliedmarketresearch.com/request-for-customization/2937

Covid-19 scenario:

  • The Covid-19 pandemic positively affected the market due to surge in adoption of work from home culture across the globe.
  • During the pandemic, IoT proved to be very advantageous for the energy sector as it allowed to control energy usage from remote location.

Buy This Research Report at: https://bit.ly/3hmKU9F

Thanks for reading this article; you can also get an individual chapter-wise section or region-wise report versions like North America, Europe, or Asia.

If you have any special requirements, please let us know and we will offer you the report as per your requirements.     

Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

Similar Report:

  1. Big Data Analytics in Energy Market

About Us

Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

Contact:

David Correa

Portland, OR, United States

USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141

UK: +44-845-528-1300

Hong Kong: +852-301-84916

India (Pune): +91-20-66346060

Fax: +1(855)550-5975

help@alliedmarketresearch.com

Web: https://www.alliedmarketresearch.com

Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

Leave a comment

Your email address will not be published. Required fields are marked *