Internet of Things (IoT) In Energy Grid Management Market Analysis North America, Europe, APAC, Middle East and Africa, South America - US, China, Japan, UK, Germany - Size and Forecast 2024-2028

Published: Feb 2024 Pages: 189 SKU: IRTNTR43821

Internet of Things (IoT) In Energy Grid Management Market 2024-2028 :

The Internet of Things (IoT) In Energy Grid Management Market size is forecast to increase by USD 50.01 billion, at a CAGR of 19.27% between 2023 and 2028. The growth rate of the market depends on several factors, including the aim of the government toward the reduction of carbon emissions, the growing individualized customer preferences, and the increasing penetration of smart technologies

The market growth and forecasting report includes key player's detailed analyses of the competitive landscape of the market and information about 15 market companies, including Eaton Corp. Plc, Fujitsu Ltd., General Electric Co., Hitachi Ltd., Honeywell International Inc., Huawei Technologies Co. Ltd., Intel Corp., International Business Machines Corp., Itron Inc., Landis Gyr AG, Microsoft Corp., Mitsubishi Electric Corp., Oracle Corp., SAP SE, Schneider Electric SE, Siemens AG, Toshiba Corp., and Trilliant Holdings Inc. . Additionally, ABB Ltd. provides an IoT solution for energy grid management systems, known as OKTO GRID. This system digitalizes electric infrastructure, offering real-time monitoring and optimization capabilities. It enhances the safety and efficiency of older equipment, leading to more reliable and stable power supplies. Additionally, it contributes to reducing the total carbon emissions associated with the equipment.

What will be the Size of the Market During the Forecast Period?

For More Highlights About this Report, Download Free Sample in a Minute 

Market Overview

Market Growth Analysis Driver

One of the key factors driving the market growth is the growing individualized customer preferences. Several large commercial customers prefer renewable energy to achieve their corporate sustainability goals. In addition, a few residential customers prefer solar energy to power their houses. Furthermore, cities and towns demand customized services in the form of microgrids, renewable energy services, and smart city services.

Moreover, the growing use of smart devices in offices and houses has increased the demand for electricity across all countries. In addition, the power consumption per house is increasing year-over-year, and this has led to increasing individualized customer preferences. Hence, such factors are positively impacting the IoT in energy grid management market. Therefore, it is expected to drive the market growth during the forecast period.

Market Growth and Trends

A key factor shaping the market growth is the increasing installation of smart energy meters. Power utilities across the globe have been investing in innovation to change the way data is transmitted and collected from consumers via different communication networks. In addition, advanced metering infrastructure (AMI)-enabled meters are being deployed to facilitate two-way communication between utilities and consumers. Therefore, with the increase in the deployment of smart energy meters, significant progress has been made in maintaining data at the grid level.

Moreover, a smart meter is a vital component of smart grids. In addition, the installation of smart meters is the primary step toward the full-scale deployment of smart grids. Furthermore, smart meters are capable of recording and reporting usage data. In addition, when equipped with proper user interfaces, they allow customers to make informed decisions based on real-time power consumption data. Therefore, it is positively impacting the internet of things in energy grid management market. Hence, such factors are driving the market growth during the forecast period.

Market Restrain

The rise in concerns about cybersecurity is one of the key challenges hindering market growth. Power industries generally leverage outdated software and hardware, which makes the grid infrastructure prone to sophisticated hackers with knowledge of infiltrating old security protocols. In addition, IoT devices are available with inbuilt login credentials, which are rarely changed by the owners or operators. Furthermore, this compromises the security of the entire system.

Moreover, a huge amount of investment is made on the part of the power companies in enhancing the security of the energy grids to combat hackers. In addition, these security enhancements also include tamper-proofing, enhanced data management, and peer-to-peer communications. Furthermore, these enhancements not only improve the security features of the grid but also add to the investment of the power companies and the IoT technology players. Hence, such factors are hindering the market growth during the forecast period.

Market Segmentation By Solution

The hardware segment is estimated to witness significant growth during the forecast period. The hardware products in the energy grid management comprise Industrial personal computers (PCs), control panels, smart sensors, switches and push buttons, human-machine interfaces, the signaling devices. In addition, these devices, along with the software products, guide the human workforce while they carry out different processes and applications in an energy grid.

Get a glance at the market contribution of various segments Download the PDF Sample

The hardware segment was the largest segment and was valued at USD 10.28 billion in 2018. Moreover, these devices are designed to withstand extreme temperatures and high pressure in a working environment. In addition, the high percentage share of this segment is attributed to the high cost of these devices; making these devices sturdier than the ordinary versions adds to the cost. Therefore, the increasing growth of IoT in the power industry is expected to drive the demand for the hardware required in the global market, which in turn will drive the growth of the global market during the forecast period.

Market Segmentation By Application

The various applications of IoT solutions in the generation segment will increase the market growth. IoT solutions for power generation facilitate the monitoring of dams, solar panels, generation sets, and wind power systems. In addition, these systems work via wireless sensor networks. Moreover, the data received from these systems can be collected and processed in real-time through the deployment of IoT. Therefore, real-time data analysis helps power generation systems to change electricity production according to the demand from consumers. In addition, the data is transferred from the equipment to the monitoring center and then to the prediction server. Furthermore, real-time analytics help in clubbing historical and real-time data to predict the production speed and need of the electricity generation systems. IoT helps in optimizing the production process and streamlining the workflow. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.

Regional Overview

For more insights on the market share of various regions Download PDF Sample now!

North America is estimated to contribute 33% to the growth of the global market during the forecast period. Technavio's analysts have provided extensive insight into the market forecast, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. Factors such as the increasing use of renewable sources, the existing IoT use in the energy sector, and the increasing demand for electricity. In addition, the percentage share of renewable sources of energy for power generation in North America has increased constantly over the last two decades. Moreover, hydroelectric sources in the US are the second-largest supplier of power in the region. Furthermore, the need for renewable energy sources for power generation is expected to drive the growth of the power industry in North America. Smart grids, which were introduced initially in North America, are now being adopted by all power vendors across the region. Hence, such factors are driving the market growth in North America during the forecast period.

Market Customer Landscape

The market forecasting report includes the adoption lifecycle of the market research and growth, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and trends strategies.

Global Market Customer Landscape

Market Players

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Cisco Systems Inc: The company offers IoT in energy grid management solutions that monitor and control the energy grid in real time to improve reliability and utilization, reduce blackouts, and postpone costly new upgrades to enable security, resilience, and operational efficiency.

Market analysis and report of qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market research report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Solution Outlook
    • Hardware
    • Software
    • Services
  • Application Outlook
    • Generation
    • Transmission
    • Substation automation
    • Distribution
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The Energy Market is undergoing a transformative phase with significant investments and development focused on meeting rising demands. The integration of IoT (Internet of Things) in Energy Grid Management is a pivotal aspect driving effective solutions for dynamic power requirements. As surging industrialization impacts both the residential and industrial sectors, there is an ambitious vision to achieve net carbon zero.

Existing power grids face challenges in energy efficiency, necessitating the adoption of innovative technologies. The industrial sector, in particular, is seeking to address irresponsible business operations and reduce dependence on non-renewable energy resources. This shift is driven by the urgent need to combat global warming, mitigate the Earth's rising temperature, and improve poor air quality. IoT in Energy Grid Management emerges as a strategic approach to enhance distribution infrastructure and meet the energy demands of end-consumers. By facilitating real-time monitoring and control, IoT contributes to more sustainable and environmentally friendly energy practices. As the world aims to transition towards a cleaner and more efficient energy ecosystem, the incorporation of IoT technologies in energy management is crucial for achieving a balance between economic growth and environmental preservation.

IoT Market In Energy Grid Management Scope

Report Coverage

Details

Page number

189

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 19.27%

Market Growth 2024-2028

USD 50.01 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

14.52

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 33%

Key countries

US, China, Japan, UK, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

ABB Ltd., Cisco Systems Inc., Eaton Corp. Plc, Fujitsu Ltd., General Electric Co., Hitachi Ltd., Honeywell International Inc., Huawei Technologies Co. Ltd., Intel Corp., International Business Machines Corp., Itron Inc., Landis Gyr AG, Microsoft Corp., Mitsubishi Electric Corp., Oracle Corp., SAP SE, Schneider Electric SE, Siemens AG, Toshiba Corp., and Trilliant Holdings Inc.

Market dynamics

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

Download PDF Sample

What are the Key Data Covered in this IoT Market In Energy Grid Management Research Report?

  • CAGR of the market report forecast during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2028
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across North America, Europe, APAC, Middle East and Africa, and South America
  • Thorough market analysis and report of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of Industry companies

 

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

 

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Solution
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global IoT market in energy grid management 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global iot market in energy grid management 2018 - 2022 ($ billion)
    • 4.2 Solution Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Solution Segment 2018 - 2022 ($ billion)
    • 4.3 Application Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Application Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Solution

    • 6.1 Market segments
      • Exhibit 30: Chart on Solution - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Solution - Market share 2023-2028 (%)
    • 6.2 Comparison by Solution
      • Exhibit 32: Chart on Comparison by Solution
      • Exhibit 33: Data Table on Comparison by Solution
    • 6.3 Hardware - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Hardware - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Hardware - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Hardware - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Hardware - Year-over-year growth 2023-2028 (%)
    • 6.4 Software - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Software - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Software - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Software - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Software - Year-over-year growth 2023-2028 (%)
    • 6.5 Services - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Services - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Services - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Services - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Services - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by Solution
      • Exhibit 46: Market opportunity by Solution ($ billion)
      • Exhibit 47: Data Table on Market opportunity by Solution ($ billion)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 48: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 49: Data Table on Application - Market share 2023-2028 (%)
    • 7.2 Comparison by Application
      • Exhibit 50: Chart on Comparison by Application
      • Exhibit 51: Data Table on Comparison by Application
    • 7.3 Generation - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Generation - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Generation - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Generation - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Generation - Year-over-year growth 2023-2028 (%)
    • 7.4 Transmission - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Transmission - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Transmission - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Transmission - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Transmission - Year-over-year growth 2023-2028 (%)
    • 7.5 Substation automation - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Substation automation - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Substation automation - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Substation automation - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Substation automation - Year-over-year growth 2023-2028 (%)
    • 7.6 Distribution - Market size and forecast 2023-2028
      • Exhibit 64: Chart on Distribution - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 65: Data Table on Distribution - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 66: Chart on Distribution - Year-over-year growth 2023-2028 (%)
      • Exhibit 67: Data Table on Distribution - Year-over-year growth 2023-2028 (%)
    • 7.7 Market opportunity by Application
      • Exhibit 68: Market opportunity by Application ($ billion)
      • Exhibit 69: Data Table on Market opportunity by Application ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 72: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 APAC - Market size and forecast 2023-2028
      • Exhibit 83: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.7 South America - Market size and forecast 2023-2028
      • Exhibit 91: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 Japan - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.11 UK - Market size and forecast 2023-2028
      • Exhibit 107: Chart on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.12 Germany - Market size and forecast 2023-2028
      • Exhibit 111: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 112: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 113: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 114: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ billion)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 ABB Ltd.
              • Exhibit 123: ABB Ltd. - Overview
              • Exhibit 124: ABB Ltd. - Business segments
              • Exhibit 125: ABB Ltd. - Key offerings
              • Exhibit 126: ABB Ltd. - Segment focus
            • 12.4 Cisco Systems Inc.
              • Exhibit 127: Cisco Systems Inc. - Overview
              • Exhibit 128: Cisco Systems Inc. - Business segments
              • Exhibit 129: Cisco Systems Inc. - Key news
              • Exhibit 130: Cisco Systems Inc. - Key offerings
              • Exhibit 131: Cisco Systems Inc. - Segment focus
            • 12.5 General Electric Co.
              • Exhibit 132: General Electric Co. - Overview
              • Exhibit 133: General Electric Co. - Business segments
              • Exhibit 134: General Electric Co. - Key news
              • Exhibit 135: General Electric Co. - Key offerings
              • Exhibit 136: General Electric Co. - Segment focus
            • 12.6 Hitachi Ltd.
              • Exhibit 137: Hitachi Ltd. - Overview
              • Exhibit 138: Hitachi Ltd. - Business segments
              • Exhibit 139: Hitachi Ltd. - Key news
              • Exhibit 140: Hitachi Ltd. - Key offerings
              • Exhibit 141: Hitachi Ltd. - Segment focus
            • 12.7 Honeywell International Inc.
              • Exhibit 142: Honeywell International Inc. - Overview
              • Exhibit 143: Honeywell International Inc. - Business segments
              • Exhibit 144: Honeywell International Inc. - Key news
              • Exhibit 145: Honeywell International Inc. - Key offerings
              • Exhibit 146: Honeywell International Inc. - Segment focus
            • 12.8 Huawei Technologies Co. Ltd.
              • Exhibit 147: Huawei Technologies Co. Ltd. - Overview
              • Exhibit 148: Huawei Technologies Co. Ltd. - Business segments
              • Exhibit 149: Huawei Technologies Co. Ltd. - Key news
              • Exhibit 150: Huawei Technologies Co. Ltd. - Key offerings
              • Exhibit 151: Huawei Technologies Co. Ltd. - Segment focus
            • 12.9 International Business Machines Corp.
              • Exhibit 152: International Business Machines Corp. - Overview
              • Exhibit 153: International Business Machines Corp. - Business segments
              • Exhibit 154: International Business Machines Corp. - Key news
              • Exhibit 155: International Business Machines Corp. - Key offerings
              • Exhibit 156: International Business Machines Corp. - Segment focus
            • 12.10 Itron Inc.
              • Exhibit 157: Itron Inc. - Overview
              • Exhibit 158: Itron Inc. - Business segments
              • Exhibit 159: Itron Inc. - Key offerings
              • Exhibit 160: Itron Inc. - Segment focus
            • 12.11 Landis Gyr AG
              • Exhibit 161: Landis Gyr AG - Overview
              • Exhibit 162: Landis Gyr AG - Business segments
              • Exhibit 163: Landis Gyr AG - Key news
              • Exhibit 164: Landis Gyr AG - Key offerings
              • Exhibit 165: Landis Gyr AG - Segment focus
            • 12.12 Microsoft Corp.
              • Exhibit 166: Microsoft Corp. - Overview
              • Exhibit 167: Microsoft Corp. - Business segments
              • Exhibit 168: Microsoft Corp. - Key news
              • Exhibit 169: Microsoft Corp. - Key offerings
              • Exhibit 170: Microsoft Corp. - Segment focus
            • 12.13 Oracle Corp.
              • Exhibit 171: Oracle Corp. - Overview
              • Exhibit 172: Oracle Corp. - Business segments
              • Exhibit 173: Oracle Corp. - Key news
              • Exhibit 174: Oracle Corp. - Key offerings
              • Exhibit 175: Oracle Corp. - Segment focus
            • 12.14 SAP SE
              • Exhibit 176: SAP SE - Overview
              • Exhibit 177: SAP SE - Business segments
              • Exhibit 178: SAP SE - Key news
              • Exhibit 179: SAP SE - Key offerings
              • Exhibit 180: SAP SE - Segment focus
            • 12.15 Schneider Electric SE
              • Exhibit 181: Schneider Electric SE - Overview
              • Exhibit 182: Schneider Electric SE - Business segments
              • Exhibit 183: Schneider Electric SE - Key news
              • Exhibit 184: Schneider Electric SE - Key offerings
              • Exhibit 185: Schneider Electric SE - Segment focus
            • 12.16 Siemens AG
              • Exhibit 186: Siemens AG - Overview
              • Exhibit 187: Siemens AG - Business segments
              • Exhibit 188: Siemens AG - Key news
              • Exhibit 189: Siemens AG - Key offerings
              • Exhibit 190: Siemens AG - Segment focus
            • 12.17 Toshiba Corp.
              • Exhibit 191: Toshiba Corp. - Overview
              • Exhibit 192: Toshiba Corp. - Business segments
              • Exhibit 193: Toshiba Corp. - Key news
              • Exhibit 194: Toshiba Corp. - Key offerings
              • Exhibit 195: Toshiba Corp. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 196: Inclusions checklist
                • Exhibit 197: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 198: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 199: Research methodology
                • Exhibit 200: Validation techniques employed for market sizing
                • Exhibit 201: Information sources
              • 13.5 List of abbreviations
                • Exhibit 202: List of abbreviations

              Research Framework

              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

              PURCHASE FULL REPORT OF

              iot market in energy grid management market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis