Market by Connectivity, Component, End-user, and Country Outlook | Forecast 2022-2028
Triton’s report states that
the IoT in energy & utility application market in North America is projected to witness
progress at a CAGR of 12.15% over
the forecast period 2022-2028.
Report scope can be customized per your requirements. Request For CustomizationÂ
The
countries observed in the region consist of:
•       Â
The United States
•       Â
Canada
The
United States holds the major share in the IoT in energy & utility
application market. The
rising demand for energy is a major factor responsible for the robust growth of
the studied market. In this regard, IoT helps maintain the flow and production
of energy. Moreover, the majority of the IoT projects in the energy sector
concentrate on applications that are oriented towards demand. Additionally,
accurate use of IoT optimizes the entire value chain. The industrial sector’s
demand for energy is highest, followed by transportation, residential, and
commercial.
Energy and utility is among the major sectors in
the United States. The rising demand for energy in households, technology,
automotive, and other sectors has created high demand for IoT devices across
the nation. The industrial sector accounts for around 32% of all energy
consumption, followed by the transportation sector. Additionally, the demand
for energy has surged over the years due to the rising number of malls,
offices, hospitals, hotels, and restaurants. Therefore, the increasing need for
energy supplements the IoT in energy & utility application market’s growth.
Furthermore,
utilities supply essential goods and services to the public, such as
electricity, natural gas, and water. As of 2021, the country has around 200
gigawatts of electricity generating capacity. Around two-thirds of all
utility-generating capacity-involved technologies can use multiple energy
sources, such as combustion and steam turbines. Therefore, as stated above, all
these factors are expected to expand the demand for IoT in energy & utility
applications in the United States.
Hardware IoT devices include wearable and other
devices. These wearables are widely used for tracking glucose levels, heart
risks, asthma monitoring, and daily step tracking. Here, wearable devices
integrated with IoT include watches, backpacks, helmets, glasses, and collars. The IoT in energy & utility application
market is assessed in terms of component, end-user, and connectivity. The
component segment is divided into hardware, software, and services. The
hardware segment further includes devices, sensors, and other hardware
components.
The
key companies profiled in the report include Cisco Systems Inc, Teradata
Corporation, Infosys Ltd, Eaton Corporation Plc, Oracle Corporation, and Wipro
Ltd.
Teradata Corporation is engaged in providing
analytic data platforms, marketing and analytic applications, and related
services. It provides software, cloud service, ecosystem management, IT
hardware, and applications. The company also provides additional services, such
as customer support, managed services, and business consulting. It caters to
various customers across healthcare, retail, utilities, transportation, and
manufacturing. Teradata has operations across multiple regions, with
headquarters in California, the US.
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Key deliverables of the report:
â—ŹÂ Â Â Â Â
Market CAGR during the forecasting years 2022-2028
â—ŹÂ Â Â Â Â
Detailed data highlighting key insights, industry components, and
market strategies
â—ŹÂ Â Comprehensive information and estimation of the IoT in energy
& utility application market revenue growth in North America and its
influence on the parent market
â—ŹÂ Â Â Â Â
In-depth study of forthcoming trends in consumer behavioral
patterns
â—ŹÂ Â Â Â Â
A meticulous analysis of the competitive landscape, vendor
scorecard, and Porter’s Five Forces
â—ŹÂ Â Â A wide-ranging study of factors that will challenge the NA IoT in
energy & utility application market’s growth during the upcoming years
Want to get specific
insights? Our team of analysts can customize this report based on your
preferences. Connect with us here.Â
Market by Technology (Data ana ..
VIEW REPORT1. NORTH
AMERICA IOT IN ENERGY & UTILITY APPLICATION MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON IOT IN THE ENERGY & UTILITY APPLICATION MARKET
2.2. KEY
INSIGHTS
2.2.1. INCREASING
ECONOMIC VALUE OF IOT
2.2.2. INCREASE
IN MICROGRIDS CONTROL SYSTEM USE
2.2.3. SIGNIFICANT
INVESTMENTS IN RESEARCH & DEVELOPMENT ACTIVITIES
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. KEY
IMPACT ANALYSIS
2.4.1. MODE
OF DEPLOYMENT
2.4.2. PRICE
2.4.3. APPLICATION
2.5. MARKET
ATTRACTIVENESS INDEX
2.6. VENDOR
SCORECARD
2.7. INDUSTRY
COMPONENTS
2.8. KEY
MARKET STRATEGIES
2.8.1. ACQUISITIONS
2.8.2. PRODUCT
LAUNCHES
2.8.3. PARTNERSHIPS
2.9. MARKET
DRIVERS
2.9.1. EMPHASIS
ON A GREENER ENVIRONMENT SURGING DEMAND FOR ENERGY AND UTILITY ANALYTICS
2.9.2. INCREASING
CONSUMPTION AND DEMAND FOR ENERGY GENERATION
2.9.3. GROWING
CONSUMER FOCUS ON ENERGY CONSUMPTION PATTERN ANALYSIS
2.9.4. DECLINE
IN PRICES OF IOT COMPONENTS AND AVAILABILITY OF NEXT-GENERATION SENSORS
2.9.5. IMPROVEMENT
IN THE OIL & GAS INDUSTRY OPERATIONS
2.9.6. DEMAND
FOR AUTOMATION TOOLS IN ENERGY MANAGEMENT
2.10. MARKET
CHALLENGES
2.10.1. SECURITY
CONCERNS
2.10.2. NEED
FOR HIGH CAPITAL INVESTMENT FOR DEPLOYMENT
2.10.3. LACK
OF SKILLED EMPLOYEES
2.10.4. IOT
INTEGRATION WITH SUBSYSTEMS
2.11. MARKET
OPPORTUNITIES
2.11.1. NEED
FOR REAL-TIME MONITORING SYSTEMS IN THE MINING & PETROLEUM INDUSTRIES
2.11.2. RISING
ADOPTION OF CLOUD TECHNOLOGY IN UTILITY & ENERGY ANALYTICS MARKET
2.11.3. INCREASING
SHARE OF RENEWABLE ENERGY SECTOR IN ELECTRICITY GENERATION
3. NORTH
AMERICA IOT IN ENERGY & UTILITY APPLICATION MARKET OUTLOOK - BY
CONNECTIVITY
3.1. NON-CELLULAR
3.2. CELLULAR
4. NORTH
AMERICA IOT IN ENERGY & UTILITY APPLICATION MARKET OUTLOOK - BY COMPONENT
4.1. HARDWARE
4.1.1. DEVICES
4.1.2. SENSORS
4.1.3. OTHER
HARDWARE COMPONENTS
4.2. SERVICES
4.2.1. DEPLOYMENT
& INTEGRATION
4.2.2. SUPPORT
AND MAINTENANCE
4.2.3. PROFESSIONAL
SERVICES
4.3. SOFTWARE
4.3.1. OPERATIONAL
CONTROL
4.3.2. ANALYTICS
4.3.3. SECURITY
4.3.4. GRID
MANAGEMENT
4.3.5. WATER
MANAGEMENT
5. NORTH
AMERICA IOT IN ENERGY & UTILITY APPLICATION MARKET OUTLOOK - BY END-USER
5.1. OIL
& GAS
5.2. UTILITY
GAS MANAGEMENT
5.3. ELECTRICITY
GRID & SUPPLY MANAGEMENT
5.4. MINING
5.5. WATER
MANAGEMENT
6. NORTH
AMERICA IOT IN ENERGY & UTILITY APPLICATION MARKET – COUNTRY OUTLOOK
6.1. UNITED
STATES
6.2. CANADA
7. COMPETITIVE
LANDSCAPE
7.1. ACLARA
TECHNOLOGIES LLC
7.2. CAPGEMINI
SE
7.3. ABB
LTD
7.4. IBM
7.5. GENERAL
ELECTRIC COMPANY
7.6. SAS
INSTITUTE
7.7. SIEMENS
7.8. SAP
SE
7.9. SCHNEIDER
ELECTRIC
7.10. BUILDINGIQ
INC
7.11. TERADATA
CORPORATION
7.12. CISCO
SYSTEMS INC
7.13. INFOSYS
LTD
7.14. WIPRO
LTD
7.15. EATON
CORPORATION PLC
7.16. ORACLE
CORPORATION
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: NORTH AMERICA
IOT IN ENERGY & UTILITY APPLICATION MARKET, BY COUNTRY, 2022-2028 (IN $
MILLION)
TABLE 2: VENDOR
SCORECARD
TABLE 3: LIST OF
ACQUISITIONS
TABLE 4: LIST OF PRODUCT
LAUNCHES
TABLE 5: LIST OF
PARTNERSHIPS
TABLE 6: NORTH AMERICA
IOT IN ENERGY & UTILITY APPLICATION MARKET, BY CONNECTIVITY, 2022-2028 (IN
$ MILLION)
TABLE 7: NORTH AMERICA
IOT IN ENERGY & UTILITY APPLICATION MARKET, BY COMPONENT, 2022-2028 (IN $
MILLION)
TABLE 8: NORTH AMERICA
IOT IN ENERGY & UTILITY APPLICATION MARKET, BY HARDWARE, 2022-2028 (IN $
MILLION)
TABLE 9: NORTH AMERICA
IOT IN ENERGY & UTILITY APPLICATION MARKET, BY SERVICES, 2022-2028 (IN $
MILLION)
TABLE 10: NORTH AMERICA
IOT IN ENERGY & UTILITY APPLICATION MARKET, BY SOFTWARE, 2022-2028 (IN $
MILLION)
TABLE 11: NORTH AMERICA
IOT IN ENERGY & UTILITY APPLICATION MARKET, BY END-USERS, 2022-2028 (IN $
MILLION)
TABLE 12: NORTH AMERICA
IOT IN ENERGY & UTILITY APPLICATION MARKET, BY COUNTRY, 2022-2028 (IN $
MILLION)
FIGURE 1: KEY BUYING
IMPACT ANALYSIS
FIGURE 2: MARKET
ATTRACTIVENESS INDEX
FIGURE 3: INDUSTRY
COMPONENTS
FIGURE 4: NORTH AMERICA
IOT IN ENERGY & UTILITY APPLICATION MARKET, CONNECTIVITY OUTLOOK, 2021
& 2028 (IN %)
FIGURE 5: NORTH AMERICA
IOT IN ENERGY & UTILITY APPLICATION MARKET, BY NON-CELLULAR, 2022-2028 (IN
$ MILLION)
FIGURE 6: NORTH AMERICA
IOT IN ENERGY & UTILITY APPLICATION MARKET, BY CELLULAR, 2022-2028 (IN $
MILLION)
FIGURE 7: NORTH AMERICA
IOT IN ENERGY & UTILITY APPLICATION MARKET, COMPONENT OUTLOOK, 2021 &
2028 (IN %)
FIGURE 8: NORTH AMERICA
IOT IN ENERGY & UTILITY APPLICATION MARKET, BY HARDWARE, 2022-2028 (IN $
MILLION)
FIGURE 9: NORTH AMERICA
IOT IN ENERGY & UTILITY APPLICATION MARKET, HARDWARE OUTLOOK, 2021 &
2028 (IN %)
FIGURE 10: NORTH
AMERICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY DEVICES, 2022-2028
(IN $ MILLION)
FIGURE 11: NORTH
AMERICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY SENSORS, 2022-2028
(IN $ MILLION)
FIGURE 12: NORTH
AMERICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY OTHER HARDWARE
COMPONENTS, 2022-2028 (IN $ MILLION)
FIGURE 13: NORTH
AMERICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY SERVICES, 2022-2028
(IN $ MILLION)
FIGURE 14: NORTH
AMERICA IOT IN ENERGY & UTILITY APPLICATION MARKET, SERVICES OUTLOOK, 2021
& 2028 (IN %)
FIGURE 15: NORTH
AMERICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY DEPLOYMENT &
INTEGRATION, 2022-2028 (IN $ MILLION)
FIGURE 16: NORTH
AMERICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY SUPPORT & MAINTENANCE,
2022-2028 (IN $ MILLION)
FIGURE 17: NORTH
AMERICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY PROFESSIONAL
SERVICES, 2022-2028 (IN $ MILLION)
FIGURE 18: NORTH
AMERICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY SOFTWARE, 2022-2028
(IN $ MILLION)
FIGURE 19: NORTH
AMERICA IOT IN ENERGY & UTILITY APPLICATION MARKET, SOFTWARE OUTLOOK, 2021
& 2028 (IN %)
FIGURE 20: NORTH
AMERICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY OPERATIONAL CONTROL,
2022-2028 (IN $ MILLION)
FIGURE 21: NORTH AMERICA
IOT IN ENERGY & UTILITY APPLICATION MARKET, BY ANALYTICS, 2022-2028 (IN $
MILLION)
FIGURE 22: NORTH
AMERICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY SECURITY, 2022-2028
(IN $ MILLION)
FIGURE 23: NORTH
AMERICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY GRID MANAGEMENT,
2022-2028 (IN $ MILLION)
FIGURE 24: NORTH
AMERICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY WATER MANAGEMENT,
2022-2028 (IN $ MILLION)
FIGURE 25: NORTH
AMERICA IOT IN ENERGY & UTILITY APPLICATION MARKET, END-USER OUTLOOK, 2021
& 2028 (IN %)
FIGURE 26: NORTH
AMERICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY OIL & GAS,
2022-2028 (IN $ MILLION)
FIGURE 27: NORTH
AMERICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY UTILITY GAS
MANAGEMENT, 2022-2028 (IN $ MILLION)
FIGURE 28: NORTH
AMERICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY ELECTRICITY GRID
& SUPPLY MANAGEMENT, 2022-2028 (IN $ MILLION)
FIGURE 29: NORTH
AMERICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY MINING, 2022-2028
(IN $ MILLION)
FIGURE 30: NORTH
AMERICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY WATER MANAGEMENT,
2022-2028 (IN $ MILLION)
FIGURE 31: NORTH
AMERICA IOT IN ENERGY & UTILITY APPLICATION MARKET, REGIONAL OUTLOOK, 2021
& 2028 (IN %)
FIGURE 32: UNITED
STATES IOT IN ENERGY & UTILITY APPLICATION MARKET 2022-2028 (IN $ MILLION)
FIGURE 33: CANADA IOT
IN ENERGY & UTILITY APPLICATION MARKET 2022-2028 (IN $ MILLION)