KEY FINDINGS
The North America IoT in energy & utility application market is estimated to record a CAGR of 9.77% during the forecast period, 2022-2030. The market growth is driven by surging demand and production of energy, benefits of IoT in value chain optimization, and increasing demand among end-users.
MARKET INSIGHTS
The North America IoT in energy & utility application market growth analysis includes the evaluation of United States and Canada. Canada has recently witnessed a boost in investment by several multinational companies for their upcoming projects. Further, government initiatives to introduce energy-efficient residential buildings in several parts of the country are expected to significantly propel the demand for IoT in energy & utility applications.
Besides, IoT devices, data center management software, integration software, and reduced power usage enabled the creation of affordable cloud computing solutions in Canada. Due to its shared cost module, data analytics is now employed in various applications, including seismic data processing and reservoir modeling. Hence cost-effectiveness and wide-scale adoption of this software drive the market growth of IoT in energy & utility applications during the forecast period.
COMPETITIVE INSIGHTS
Some of the key market players are IBM, Capgemini SE, Oracle Corp, General Electric Company, Aclara Technologies LLC, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation caters to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
North America IoT In Energy & Utility Application Market Forecast 2022-2030
Table Of Contents
1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Key Drivers
3.1.1. Increasing Consumption And Demand For Energy Generation
3.1.2. Emphasis On A Greener Environment Is Raising Demand For Energy & Utility Analytics
3.1.3. Growing Consumer Focus On Energy Consumption Pattern Analysis
3.1.4. Improvement In The Operations Of The Oil & Gas Industry
3.1.5. Decline In Prices Of Iot Components And Availability Of Next-Generation Sensors
3.1.6. Demand For Automation Tools In Energy Management
3.2. Key Restraints
3.2.1. High Capital Investment Is Required For The Deployment
3.2.2. Lack Of Skilled Employees
3.2.3. Security Concerns
3.2.4. Integration Of Iot With Subsystems
4. Key Analytics
4.1. Impact Of Covid-19 On Iot In Energy & Utility Application Market
4.2. Key Market Trends
4.3. Porter's Five Forces Analysis
4.3.1. Buyers Power
4.3.2. Suppliers Power
4.3.3. Substitution
4.3.4. New Entrants
4.3.5. Industry Rivalry
4.4. Opportunity Matrix
4.5. Vendor Landscape
4.6. Value Chain Analysis
4.7. Key Buying Criteria
4.7.1. Mode Of Deployment
4.7.2. Price
4.7.3. Application
5. Market By Connectivity
5.1. Non-Cellular
5.2. Cellular
6. Market By End-User
6.1. Utility Gas Management
6.2. Oil & Gas
6.3. Electricity Grid & Supply Management
6.4. Water Management
6.5. Mining
7. Market By Component
7.1. Hardware
7.1.1. Sensors
7.1.2. Devices
7.1.3. Other Hardware Components
7.2. Services
7.2.1. Deployment And Integration
7.2.2. Support And Maintenance
7.2.3. Professional Services
7.3. Software
7.3.1. Analytics
7.3.2. Grid Management
7.3.3. Operational Control
7.3.4. Water Management
7.3.5. Security
8. Geographical Analysis
8.1. North America
8.1.1. Market Size & Estimates
8.1.2. Key Growth Enablers
8.1.3. Key Challenges
8.1.4. Key Players
8.1.5. Country Analysis
8.1.5.1. United States
8.1.5.2. Canada
9. Competitive Landscape
9.1. Key Strategic Developments
9.1.1. Mergers & Acquisitions
9.1.2. Product Launches & Developments
9.1.3. Partnerships & Agreements
9.1.4. Business Expansions & Divestitures
9.2. Company Profiles
9.2.1. Abb Ltd
9.2.2. Aclara Technologies Llc
9.2.3. Buildingiq Inc
9.2.4. Capgemini Se
9.2.5. Cisco Systems Inc
9.2.6. Eaton Corporation Plc
9.2.7. General Electric Company
9.2.8. Infosys Limited
9.2.9. International Business Machines Corporation (Ibm)
9.2.10. Oracle Corporation
9.2.11. Sap Se
9.2.12. Sas Institute Inc
9.2.13. Schneider Electric Se
9.2.14. Siemens Aktiengesellschaft
9.2.15. Teradata Corporation
9.2.16. Wipro Limited
List Of Tables
Table 1: Market Snapshot - Iot In Energy & Utility Application
Table 2: North America Iot In Energy & Utility Application Market, By Connectivity, Historical Years, 2018-2021 (In $ Million)
Table 3: North America Iot In Energy & Utility Application Market, By Connectivity, Forecast Years, 2022-2030 (In $ Million)
Table 4: North America Iot In Energy & Utility Application Market, By End-User, Historical Years, 2018-2021 (In $ Million)
Table 5: North America Iot In Energy & Utility Application Market, By End-User, Forecast Years, 2022-2030 (In $ Million)
Table 6: North America Iot In Energy & Utility Application Market, By Component, Historical Years, 2018-2021 (In $ Million)
Table 7: North America Iot In Energy & Utility Application Market, By Component, Forecast Years, 2022-2030 (In $ Million)
Table 8: North America Iot In Energy & Utility Application Market, By Hardware, Historical Years, 2018-2021 (In $ Million)
Table 9: North America Iot In Energy & Utility Application Market, By Hardware, Forecast Years, 2022-2030 (In $ Million)
Table 10: North America Iot In Energy & Utility Application Market, By Services, Historical Years, 2018-2021 (In $ Million)
Table 11: North America Iot In Energy & Utility Application Market, By Services, Forecast Years, 2022-2030 (In $ Million)
Table 12: North America Iot In Energy & Utility Application Market, By Software, Historical Years, 2018-2021 (In $ Million)
Table 13: North America Iot In Energy & Utility Application Market, By Software, Forecast Years, 2022-2030 (In $ Million)
Table 14: North America Iot In Energy & Utility Application Market, By Country, Historical Years, 2018-2021 (In $ Million)
Table 15: North America Iot In Energy & Utility Application Market, By Country, Forecast Years, 2022-2030 (In $ Million)
Table 16: Leading Players Operating In North America Iot In Energy & Utility Application Market
Table 17: List Of Mergers & Acquisitions
Table 18: List Of Product Launches & Developments
Table 19: List Of Partnerships & Agreements
Table 20: List Of Business Expansions & Divestitures
List Of Figures
Figure 1: Key Market Trends
Figure 2: Porter's Five Forces Analysis
Figure 3: Opportunity Matrix
Figure 4: Vendor Landscape
Figure 5: Value Chain Analysis
Figure 6: Key Buying Criteria
Figure 7: North America Iot In Energy & Utility Application Market, Growth Potential, By Connectivity, In 2021
Figure 8: North America Iot In Energy & Utility Application Market, By Non-Cellular, 2022-2030 (In $ Million)
Figure 9: North America Iot In Energy & Utility Application Market, By Cellular, 2022-2030 (In $ Million)
Figure 10: North America Iot In Energy & Utility Application Market, Growth Potential, By End-User, In 2021
Figure 11: North America Iot In Energy & Utility Application Market, By Utility Gas Management, 2022-2030 (In $ Million)
Figure 12: North America Iot In Energy & Utility Application Market, By Oil & Gas, 2022-2030 (In $ Million)
Figure 13: North America Iot In Energy & Utility Application Market, By Electricity Grid & Supply Management, 2022-2030 (In $ Million)
Figure 14: Iot In Smart Electricity Grid Working Model
Figure 15: Application Of Iot In Electric Supply Management
Figure 16: North America Iot In Energy & Utility Application Market, By Water Management, 2022-2030 (In $ Million)
Figure 17: North America Iot In Energy & Utility Application Market, By Mining, 2022-2030 (In $ Million)
Figure 18: North America Iot In Energy & Utility Application Market, Growth Potential, By Component, In 2021
Figure 19: North America Iot In Energy & Utility Application Market, By Hardware, 2022-2030 (In $ Million)
Figure 20: North America Iot In Energy & Utility Application Market, Growth Potential, By Hardware, In 2021
Figure 21: North America Iot In Energy & Utility Application Market, By Sensors, 2022-2030 (In $ Million)
Figure 22: North America Iot In Energy & Utility Application Market, By Devices, 2022-2030 (In $ Million)
Figure 23: North America Iot In Energy & Utility Application Market, By Other Hardware Components, 2022-2030 (In $ Million)
Figure 24: North America Iot In Energy & Utility Application Market, By Services, 2022-2030 (In $ Million)
Figure 25: North America Iot In Energy & Utility Application Market, Growth Potential, By Services, In 2021
Figure 26: North America Iot In Energy & Utility Application Market, By Deployment And Integration, 2022-2030 (In $ Million)
Figure 27: North America Iot In Energy & Utility Application Market, By Support And Maintenance, 2022-2030 (In $ Million)
Figure 28: North America Iot In Energy & Utility Application Market, By Professional Services, 2022-2030 (In $ Million)
Figure 29: North America Iot In Energy & Utility Application Market, By Software, 2022-2030 (In $ Million/Billion)
Figure 30: North America Iot In Energy & Utility Application Market, Growth Potential, By Software, In 2021
Figure 31: North America Iot In Energy & Utility Application Market, By Analytics, 2022-2030 (In $ Million)
Figure 32: North America Iot In Energy & Utility Application Market, By Grid Management, 2022-2030 (In $ Million)
Figure 33: North America Iot In Energy & Utility Application Market, By Operational Control, 2022-2030 (In $ Million)
Figure 34: North America Iot In Energy & Utility Application Market, By Water Management, 2022-2030 (In $ Million)
Figure 35: North America Iot In Energy & Utility Application Market, By Security, 2022-2030 (In $ Million)
Figure 36: North America Iot In Energy & Utility Application Market, Country Outlook, 2021 & 2030 (In %)
Figure 37: North America Iot In Energy & Utility Application Market, Country Outlook, 2021 & 2030 (In %)
Figure 38: United States Iot In Energy & Utility Application Market, 2022-2030 (In $ Million)
Figure 39: Canada Iot In Energy & Utility Application Market, 2022-2030 (In $ Million)
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