Internet of Things (IoT) in Energy Market 2028 BY Component, End user and Geography | The Insight Partners

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Internet of Things (IoT) in Energy Market to 2028 – COVID-19 Impact and Global Analysis – by Component (Solutions, Services); End user (Oil and Gas, Mining, Smart Grid, Others) and Geography

Report Code: TIPRE00002966 | No. of Pages: 150 | Category: Technology, Media and Telecommunications | Status: Upcoming


Energy companies across the globe are significantly investing in the internet of things (IoT) technologies with an objective to enhance and modernize their business strategies to reduce expenditure and rally profit margin. This includes leveraging advanced technologies including, analytics, mobility, and social media among others. One of the vital factor bolstering the demand for the Internet of Things (IoT) in energy market is the increasing demand for proactive security solutions to safeguard companies from cyber-attacks as well as increased operational efficiency.


The "Global Internet of Things (IoT) in Energy Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the Internet of Things (IoT) in energy market with detailed market segmentation by component, end user, and geography. The report provides key statistics on the market status of the leading Internet of Things (IoT) in energy market players and offers key trends and opportunities in the market.


  • Based on component, the market is segmented into solutions and services.
  • Based on end user, the market is segmented into oil and gas, mining, smart grid, and others.



  • Rising demand of remote monitoring systems is driving the growth of the Internet of Things (IoT) in energy market.
  • Rapid adoption of advanced technologies such as internet of things (IoT) and AI the energy sector is boosting the growth of the market.


  • High cost of IoT devices may hinder the growth of the Internet of Things (IoT) in energy market.


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Internet of Things (IoT) in energy market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social, and technological factors affecting the Internet of Things (IoT) in energy market in these regions.


COVID-19 first began in Wuhan (China) in December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in the global market. Few companies have already announced possible delays in product deliveries and slumps in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting business collaborations and partnerships opportunities.


The report covers key developments in the Internet of Things (IoT) in energy market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market players from the Internet of Things (IoT) in energy market are anticipated to have lucrative growth opportunities in the future with the rising demand in the global market. 
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Internet of Things (IoT) in energy market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
  • ABB
  • Aclara Technologies LLC.
  • Actility, SA
  • Cisco Systems, Inc.
  • HCL Technologies Limited
  • IBM
  • Robert Bosch GmbH
  • Rockwell Automation, Inc.
  • Schneider Electric
  • Siemens AG
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.

The List of Companies

  1. ABB
  2. Aclara Technologies LLC.
  3. Actility, SA
  4. Cisco Systems, Inc.
  5. HCL Technologies Limited
  6. IBM
  7. Robert Bosch GmbH
  8. Rockwell Automation, Inc.
  9. Schneider Electric
  10. Siemens AG
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