IoT Utilities Market 2019 – Asia Pacific to Emerge As Strong Regional Contender

Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites.
Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. For avoidance of any doubts and to make it easier, you may consider any links to external websites as sponsored links. Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

Asia Pacific IoT utilities market will witness substantial growth over the forecast timeline. The growth can be credited to the presence of large number of electricity & gas production facilities across the region. Growing adoption of digital technology followed by the increasing rate of use cases across the sector further contributes to the industry demand. Heavy investments by the utility companies across the region to upgrade energy infrastructure is boosting the consumption. However, North America IoT utilities industry will grow considerably owing to increasing demand for smart solutions coupled with the presence of advanced infrastructure across the region.

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/2099

Increasing concerns for efficient usage of energy sources to meet the growing energy demand will drive the IoT utilities market growth over the forecast timeline. The technology has huge potential to transform the power sector pertaining to the benefits such as obtaining visibility into business processes in real-time. Furthermore, growing demand for improvising the operational efficiency in the sector is providing impetus to the IoT utilities industry demand.

Rising adoption of cloud platforms across the sector coupled with government initiatives for smart grid modernization across the U.S., UK, China and India provides lucrative growth opportunities to the IoT utilities market. For instance, smart grid modernization initiative by Indian MNC Crompton Greaves, NDPL offer significant opportunities to the industry. Smart grids allow the efficient & timely distribution of generated energy providing security & reliability to the users. It has the potential to reshape the electric power grid with the use of the technology by integration of devices, processes and the infrastructure making it a more connected process.

Increasing number of cyber-attacks accessing highly confidential data is expected to curb the rate of implementation of such technology. Absence of skilled workforce followed by the lack of proper standards might limit the IoT utilities market growth over the forecast timeline. Rising need for monitoring facilities located in areas inaccessible manually is expected to fuel the IoT utilities market growth. In addition, increasing demand to monitor the status of worker’s health leads to the huge demand for sophisticated sensor devices. Sensors are deployed at multiple check points across the facility to gain visibility into every equipment and processes. It provides insights to identify any kind of leakage & damaged infrastructure resulting in timely repair.

Browse key industry insights spread across 145 pages with 154 market data tables & 12 figures & charts from the report, “IoT Utilities Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/iot-utilities-market

The competitive spectrum of IoT utilities market comprises the big shots such as Cisco Systems, Huawei Technologies Company Limited, Intel Corporation, and Honeywell International Incorporation, striving to bring about up-to-the-minute technological advancements that would have a commendable impact on the revenue of this business space. In the years to come, IoT utilities industry is likely to have firmly established itself amidst the realm of IoT influenced business spheres. Aided by extensive R&D investments, IoT utilities industry will, in all probability, carve out a profitable growth path over the forthcoming seven years, with a target valuation of USD 15 billion by 2024.

Major Key Points from Table of Content:

Chapter 5. IoT Utilities Market, By Technology

5.1. Global IoT utilities market share by technology, 2016 & 2024

5.2. Sensor

5.2.1. Market estimates and forecast, 2013 – 2024

5.2.2. Market estimates and forecast, by region, 2013 – 2024

5.3. RFID

5.3.1. Market estimates and forecast, 2013 – 2024

5.3.2. Market estimates and forecast, by region, 2013 – 2024

5.4. Connectivity technology

5.4.1. Market estimates and forecast, 2013 – 2024

5.4.2. Market estimates and forecast, by region, 2013 – 2024

5.5. Others

5.5.1. Market estimates and forecast, 2013 – 2024

5.5.2. Market estimates and forecast, by region, 2013 – 2024

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/iot-utilities-market

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: [email protected]