Internet of things (IoT) is the technology-based solution offered to various applications such as mining sector, energy, oil & gas, healthcare, and others.
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Internet of things in energy market, 2016–2024
1. Published By:Zion Market Research
Internet of Things in Energy Market: Global Industry Analysis, Size,
Share, Growth, Trends, and Forecasts 2016–2024
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2. Internet of Things in Energy Market
Global Internet of Things in Energy Market: Overview
Internet of things (IoT) is the technology-based solution offered to various applications such as
mining sector, energy, oil & gas, healthcare, and others. These solutions implement to enhance
operational efficiency along with machines integration and intellectual data analysis. It reduces
chances of vulnerabilities associated with the hacking of data by using efficient tools and
techniques and resulting improved decision-making. Malicious activities on the Internet are
restricted with the help of digital network infrastructure of things and critical infrastructure
protection (CIP) can be automated. Internet of things enables energy industries to operate
efficiently on the real-time basis. Internet of things in energy also provides optimization of
supply chain, increase operational efficiency, diminishing the energy trading risk, and cost
cutting in productivity.
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Global Internet of Things in Energy Market: Growth Factors
Major drivers of the global internet of things in the energy market are rising demand for
proactive security against increasing cyber-attacks and improved operational efficiency.
3. Internet of Things in Energy Market
However, strict regulations on the workers regarding safety and asset in the energy sector may
drive the global market in the near future. Moreover, the emergence of the next generation
sensors is expected to fuel the global market growth. Conversely, lack of skilled workers may
hinder the global internet of things market growth in the next few years.
Global Internet of Things in Energy Market: Segmentation
The global internet of things in the energy market is categorized based on network technologies,
applications, systems and solutions, and regions. Based on the network technologies, the global
market is bifurcated as radio, cellular, satellite, and others. The applications segment is further
segmented as mining, and oil & gas. Moreover, based on systems and solutions, the global
internet of things in the energy market is further classified as energy analytic, predictive
maintenance, compliance and risk management, field surveillance and monitoring, intelligent
energy management, platform, mobile workforce management, security, and connected logistic.
Furthermore, the global market is fragmented on the basis of geography as North America,
Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
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Global Internet of Things in Energy Market: Regional Analysis
North America is expanding its market owing to technological advancements. It contributes for
the largest share in the global internet of things market. The increasing use of the internet of
things in the energy industries may fuel the global market growth.
4. Internet of Things in Energy Market
Global Internet of Things in Energy Market: Competitive Players
Major key players dominating the global internet of things market are Northwest Analytics,
Inc., Flutura Business Solutions Llc, International Business Machine (IBM)
Corporation, Carriots S.L., and Symboticware, Inc. Other key players influencing the global
market are Davra Networks, Maven Systems Private Limited, Wind River Systems, Inc., AGT
International, Ils Technolgy Llc, Cisco Systems, Inc., and Sap Se.
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market
Global Internet of Things in Energy Market: Regional Segment Analysis
North America
o U.S.
Europe
o UK
o France
o Germany
5. Internet of Things in Energy Market
Asia Pacific
o China
o Japan
o India
Latin America
o Brazil
The Middle East and Africa
What Report Provides
Full in-depth analysis of the parent market
Important changes in market dynamics
Segmentation details of the market
Former, on-going, and projected market analysis in terms of volume and value
Assessment of niche industry developments
Market share analysis
Key strategies of major players
Emerging segments and regional markets
Testimonials to companies in order to fortify their foothold in the market.
6. Internet of Things in Energy Market
Zion Market Research
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Tel: +1-386-310-3803 GMT
+49-322 210 92714 Tel: +1-855-465-4651 (US/CAN TOLL FREE)
Email: sales@zionmarketresearch.comWeb:www.zionmarketresearch.com