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Internet of Things (IoT) in Pipeline Management Market by End-user, Application, and Geography - Forecast and Analysis 2020-2024

Internet of Things (IoT) in Pipeline Management Market by End-user, Application, and Geography - Forecast and Analysis 2020-2024

Published: Oct 2020 120 Pages SKU: IRTNTR45422

The iot in pipeline management market size will record an incremental growth of $ 3.52 bn and a CAGR of 10% during 2020-2024.

This market report entails segmentation by end-user (Oil and gas, Petrochemicals, and Water and wastewater) and geography (North America, Europe, APAC, South America, and MEA). View our sample report to gather market insights on the segmentations. 

The iot in pipeline management market report also analyzes the market’s competitive landscape and offers information on several market vendors, including Cisco Systems Inc., Hexagon AB, Huawei Investment & Holding Co. Ltd., INTERNATIONAL BUSINESS MACHINES Corp., ORBCOMM Inc., Schneider Electric SE, Siemens AG, Sierra Wireless Inc., TELUS Communications Inc., and Yokogawa Electric Corp..

What will the IoT in Pipeline Management Market Size be in 2020?

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Overview of Competitive Analysis

The iot in pipeline management market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies.

The market structure is fragmented. With the shift in consumer behavior owing to the COVID-19 pandemic, the vendors are focusing on leveraging upcoming trends and drivers that have been identified and explored in this iot in pipeline management market analysis report. Factors such as the GIS and risk-based asset management integration will offer immense growth opportunities. The report also covers challenges and strategies to dodge them, which will help vendors in recreating their plan of action to obtain growth opportunities in the future.

To make the most of the opportunities, vendors should also capitalize on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post-COVID-19 impact on each product and service segments.

Which are the Key Regional Markets for IoT in Pipeline Management Market?

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The report offers an up-to-date analysis of the geographical composition of the market. North America had the largest market share in the iot in pipeline management market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The usage of drone for pipeline monitoring will significantly influence iot in pipeline management market growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report

35% of the market’s growth will originate from North America during the forecast period. US | China | Germany | UK | Japan are the key markets for iot in pipeline management market in the region. This report provides estimations of the contribution of all regions to the growth of the iot in pipeline management market size.

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What are the Key Factors Covered in this IoT in Pipeline Management Market Report?

  • CAGR of the market during the forecast period 
  • Detailed information on factors that will drive iot in pipeline management market growth during the next five years
  • Precise estimation of the size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the iot in pipeline management market industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of iot in pipeline management market vendors

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IoT In Pipeline Management Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 10%

Market growth 2020-2024

$ 3.52 billion

Market structure

Fragmented

YoY growth (%)

7.74

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 35%

Key consumer countries

US, China, Germany, UK, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Cisco Systems Inc., Hexagon AB, Huawei Investment & Holding Co. Ltd., INTERNATIONAL BUSINESS MACHINES Corp., ORBCOMM Inc., Schneider Electric SE, Siemens AG, Sierra Wireless Inc., TELUS Communications Inc., and Yokogawa Electric Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents not available.

Research Methodology

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Frequently Asked Questions

Internet of Things (IoT) in Pipeline Management market growth will increase by 3527.80 million during 2019-2024.

The Internet of Things (IoT) in Pipeline Management market is expected to grow at a CAGR of 9.63% during 2019-2024.

Internet of Things (IoT) in Pipeline Management market is segmented by End user( Oil and gas, Petrochemicals, Water and wastewater) Application( Asset monitoring, Predictive maintenance, Leakage detection, Remote monitoring) Geographic( North America, Europe, APAC, South America, MEA)

Cisco Systems Inc., Hexagon AB, Huawei Investment & Holding Co. Ltd., INTERNATIONAL BUSINESS MACHINES Corp., ORBCOMM Inc., Schneider Electric SE, Siemens AG, Sierra Wireless Inc., TELUS Communications Inc., Yokogawa Electric Corp. are a few of the key vendors in the Internet of Things (IoT) in Pipeline Management market.

North America will register the highest growth rate of 35.46% among the other regions. Therefore, the Internet of Things (IoT) in Pipeline Management market in North America is expected to garner significant business opportunities for the vendors during the forecast period.

US, China, Germany, UK, Japan

  • GIS and risk-based asset management integration in pipeline management is the driving factor this market.

The Internet of Things (IoT) in Pipeline Management market vendors should focus on grabbing business opportunities from the Oil and gas segment as it accounted for the largest market share in the base year.