Market Research Report
Global IoT Market in Energy Grid Management 2020-2024
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||943471|
|Published||Content info||120 Pages
Delivery time: 1-2 business days
|Global IoT Market in Energy Grid Management 2020-2024|
|Published: May 25, 2020||Content info: 120 Pages||
Technavio has been monitoring the IoT market in energy grid management and it is poised to grow by $ 16.14 bn during 2020-2024 progressing at a CAGR of 12% during the forecast period. Our reports on IoT market in energy grid management provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by individualized customer preferences and the reduction of carbon emissions. In addition, the penetration of smart technologies is anticipated to boost the growth of the market as well.
The IoT market in energy grid management analysis includes solution segment and geographic landscape.
Technavio's ‘ IoT market in energy grid management ’ is segmented as below:
By Geography: landscapes
This study identifies the increasing installation of smart energy meters as one of the prime reasons driving the IoT market in energy grid management growth during the next few years. Also, the rapid deployment of smart grids and the development of 5G network will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our IoT market in energy grid management covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading IoT market in energy grid management vendors that include Accenture Plc, Cisco Systems Inc., Huawei Investment & Holding Co. Ltd., Intel Corp., International Business Machines Corp., Robert Bosch GmbH, Schneider Electric SE, Siemens AG, Texas Instruments Inc., and Verizon Communications Inc.. Also, the IoT market in the energy grid management analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.