Global Internet of Things (IoT) in Energy Market Overview:
IoT in energy integrates IoT-based energy solutions for various sectors such as utilities, coal, oil & gas, and mining. This implementation aims to improve enhance production, operational efficiency, and provide analytical-based decisions. The advantage associated with Internet of Things (IoT) in Energy and Enhanced security, better reliability, and proper management of assets in the industry are propelling market growth.
- Next-Generation Sensors
- Increasing Ict Spending in the Oil & Gas and Mining Sector
- Privacy and Security Concerns
- Potential Growth Opportunity for the Niche IoT Analytics Market Players
- Lack of Interoperability Standard
Some of the key players profiled in the report are AGT INTERNATIONAL (Switzerland), CISCO SYSTEMS (United States), INTERNATIONAL BUSINESS MACHINE (IBM) CORPORATION (United States), SAP (Germany), CARRIOTS S.L. (Spain), DAVRA NETWORKS (Ireland), FLUTURA BUSINESS SOLUTIONS (India), ILS TECHNOLGY (United States), MAVEN SYSTEMS PRIVATE (India), NORTHWEST ANALYTICS (United States), SYMBOTICWARE (Canada) and WIND RIVER SYSTEMS (United States). Analyst at AdvanceMarketAnalytics see United States Manufacturers to retain maximum share of Global Internet of Things (IoT) in Energy market by 2024. Considering Market by , the sub-segment i.e. will boost the Internet of Things (IoT) in Energy market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Internet of Things (IoT) in Energy market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Internet of Things (IoT) in Energy market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes IoT in Energy Platform Vendors, IoT Service Providers, Energy Platform & Analytics Vendors, System Design & Development Vendors, System Integrators/Migration Service Providers, Consultants/Consultancies/Advisory Firms, Training & Education Service Providers, Support & Maintenance Service Providers, Smart Energy Technology Solution Vendors, Resource Mining Technology Solution Vendors and Network Service Providers.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.