IoT in Energy Sector Projected to Grow at a CAGR of 17.8% Over the Forecast Period 2016-2024
According to Goldstein Research, global IoT in energy sector market estimated at USD 7.3 billion in 2016 which is estimated to reach a market size of USD 23.0 billion by 2024, growing at a CAGR of 17.8% over the forecast period 2016-2024
(EMAILWIRE.COM, October 12, 2018 ) According to Goldstein Research, global IoT in energy sector estimated at USD 7.3 billion in 2016 which is estimated to reach a market size of USD 23.0 billion by 2024, growing at a CAGR of 17.8% over the forecast period 2016-2024. The rapid urbanization which is growing the demand for power coupled with the increase in investments towards deployment of smart energy generation & transmission systems is driving the growth of the market. Further geographically, global IoT in energy sector market is dominated by Asia Pacific region, with China acquiring the largest market share in the region of nearly 16.0% in 2016, followed by Japan acquiring a share of 6.0% of APAC IoT in energy sector market. On the other hand, North America acquires close to 22.0% share of the global IoT in energy sector market. Moreover, the rising demand of IOT in the energy sector is boosing the Iot Market. The IoT market is set to reach XXXX Million USD in 2016 where the IOT in energy sector hold X% of the total market share.
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Market Segmentation
Global IoT in Energy Sector Market can be segmented as follows:
By Components
• Software Components Market Analysis, 2016-2024
• Hardware Components Market Analysis, 2016-2024
By Applications
• Predictive Maintenance
• Security
• Connected Logistic
• Compliance and Risk Management
• Energy Analytics
• Intelligent Energy Management
• Mobile Workforce Management
• Field Surveillance and Monitoring
By End Users
• Oil & Gas Sector
• Mining Sector
• Power Sector
By Region
• North America IoT In Energy Sector Market Analysis, 2016-2024
• Europe IoT In Energy Sector Market Analysis, 2016-2024
• Middle East And Africa IoT In Energy Sector Market Analysis, 2016-2024
• Latin America IoT In Energy Sector Market Analysis, 2016-2024
• Asia Pacific IoT In Energy Sector Market Analysis, 2016-2024
• Rest Of The World IoT In Energy Sector Market Analysis, 2016-2024
Browse Full Report:https://www.goldsteinresearch.com/report/global-iot-in-energy-sector-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024
“Global IoT in Energy Sector Outlook 2024” contains a detailed overview of the global IoT in energy sector market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by components, applications, end users and geography.
The Global IoT in Energy Sector Report encompasses the competitive outlook of major players across the globe that includes the R&D activities, investments, revenue distribution, financial analysis, business strategies, and product portfolio. The in-depth analysis of IoT in the energy sector market report will help the clients to assess their business strategies as per the competitive environment in the market space.
Major players of the global IoT in energy sector discussed in the report are Intel Corporation, Alcatel-Lucent, SAP Se, General Electric, Cisco Systems Inc., Microsoft, Hewlett-Packard, IBM, Accenture PLC, Symboticware, Inc., Wind River Systems, Inc., etc.
Further, Global IoT in Energy Sector Market Report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The IoT in Energy Sector Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.
About Goldstein Research
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.
Our analysts working on energy sector market research reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.
Browse Similar Report: IoT in Agriculture Market
Download Exclusive Sample Report:https://www.goldsteinresearch.com/request-sample/global-iot-in-energy-sector-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024
Market Segmentation
Global IoT in Energy Sector Market can be segmented as follows:
By Components
• Software Components Market Analysis, 2016-2024
• Hardware Components Market Analysis, 2016-2024
By Applications
• Predictive Maintenance
• Security
• Connected Logistic
• Compliance and Risk Management
• Energy Analytics
• Intelligent Energy Management
• Mobile Workforce Management
• Field Surveillance and Monitoring
By End Users
• Oil & Gas Sector
• Mining Sector
• Power Sector
By Region
• North America IoT In Energy Sector Market Analysis, 2016-2024
• Europe IoT In Energy Sector Market Analysis, 2016-2024
• Middle East And Africa IoT In Energy Sector Market Analysis, 2016-2024
• Latin America IoT In Energy Sector Market Analysis, 2016-2024
• Asia Pacific IoT In Energy Sector Market Analysis, 2016-2024
• Rest Of The World IoT In Energy Sector Market Analysis, 2016-2024
Browse Full Report:https://www.goldsteinresearch.com/report/global-iot-in-energy-sector-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024
“Global IoT in Energy Sector Outlook 2024” contains a detailed overview of the global IoT in energy sector market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by components, applications, end users and geography.
The Global IoT in Energy Sector Report encompasses the competitive outlook of major players across the globe that includes the R&D activities, investments, revenue distribution, financial analysis, business strategies, and product portfolio. The in-depth analysis of IoT in the energy sector market report will help the clients to assess their business strategies as per the competitive environment in the market space.
Major players of the global IoT in energy sector discussed in the report are Intel Corporation, Alcatel-Lucent, SAP Se, General Electric, Cisco Systems Inc., Microsoft, Hewlett-Packard, IBM, Accenture PLC, Symboticware, Inc., Wind River Systems, Inc., etc.
Further, Global IoT in Energy Sector Market Report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The IoT in Energy Sector Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.
About Goldstein Research
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.
Our analysts working on energy sector market research reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.
Browse Similar Report: IoT in Agriculture Market
Contact Information:
Goldstein Research
Steve Blade
Tel: +1-646-568-7747
Email us
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Goldstein Research
Steve Blade
Tel: +1-646-568-7747
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results