The Internet of Things in the energy market was valued at USD 168.57 billion in 2020 and expected to reach USD 298.26 billion by 2026 and grow at a CAGR of 10% over the forecast period (2021-2026). The Internet of Things (IoT) is expected to make a significant impact on the energy sector. From monitoring the temperature of a room using sensors to complex applications that are used to control the energy use of an entire building, IoT helps in cost-cutting.
A full report of Internet of Things (IoT) in Energy Market is available at: https://www.orionmarketreports.com/internet-of-things-iot-in-energy-market/2024/
Internet of Things (IoT) in Energy Market –Segmentation
By Component:
• Platform
• Solutions
• Services
By Solution:
• Asset Management
• Safety
• Connected Logistics
• Compliance and Risk Management
• Data Management and Analytics
• SCADA
• Mobile Workforce Management
• Network Management
• Energy Management
By Service:
• Consulting
• Integration and Deployment
• Support and Maintenance
By Network Technology
• Cellular Network
• Satellite Network
• Radio Network
• Others
By Application:
• Oil and Gas
• Coal Mining
• Smart Grid
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
