세계의 유틸리티용 IoT 시장 : 시장 규모 분석(컴포넌트별, 용도별, 지역별)과 예측(2025-2035년)

The Global Internet of Things (IoT) in Utilities Market is valued at approximately USD 53.87 billion in 2024 and is anticipated to grow with a growth rate of more than 13.50% over the forecast period 2025-2035. IoT in utilities refers to the integration of smart sensors, advanced connectivity, and intelligent data analytics into utility operations such as electricity grids, water distribution, and wastewater management. These solutions are deployed to optimize efficiency, reduce outages, cut operational costs, and enhance customer experiences. IoT platforms and solutions provide utilities with the ability to predict maintenance needs, manage asset lifecycles more effectively, and balance demand and supply in real time. This trend is further amplified by the rising global focus on sustainability, digitalization of utility infrastructure, and government-backed initiatives to modernize energy and water management systems.

The acceleration of smart grid deployments and digital water networks has spurred a sharp uptake of IoT solutions in utilities worldwide. These technologies play a pivotal role in ensuring grid resilience, detecting leakages, curbing energy theft, and enhancing predictive decision-making. According to the International Energy Agency (IEA), global electricity demand is projected to rise by nearly 25% by 2030, necessitating advanced monitoring and optimization technologies. Simultaneously, urbanization and climate-driven stress on water resources have compelled utilities to adopt IoT-driven smart metering and intelligent wastewater management solutions. Nevertheless, challenges such as high upfront investment costs, cybersecurity risks, and integration with legacy infrastructure remain critical hurdles that could limit widespread adoption during the forecast window.

The detailed segments and sub-segments included in the report are:

By Component:

• Platform
• Solutions
• Asset Monitoring and Management
• CIS and Billing
• Services

By Application:

• Electricity Grid Management
• Water and Wastewater Management

By Region:

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Spain
• Italy
• ROE
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• RoAPAC
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa
• Platform Solutions are Expected to Dominate the Market
• Platform solutions hold the dominant market position within the IoT in utilities ecosystem. These platforms form the backbone of digital transformation strategies, as they enable seamless integration of diverse IoT-enabled devices, facilitate real-time monitoring, and support advanced analytics. The ability of platforms to centralize operations and provide utilities with a unified view of assets and performance has accelerated their adoption, particularly among large-scale energy providers. Additionally, platforms are increasingly being bundled with AI-driven features and predictive models, further solidifying their dominance. Services, while essential, tend to scale more slowly as they rely heavily on the pace of deployment across utility networks.
• Electricity Grid Management Leads in Revenue Contribution
• In terms of application, electricity grid management generates the highest revenue share. Growing investment in smart grids, coupled with the urgency to modernize aging infrastructure, has made IoT indispensable in electricity distribution and consumption monitoring. Utilities are leveraging IoT to track energy flow, predict demand surges, integrate renewable energy sources, and reduce downtime from outages. Water and wastewater management, although comparatively smaller today, is emerging rapidly as utilities worldwide face rising demand for water conservation, leak detection, and smart metering. This positions electricity grid management as the revenue leader, while water-focused IoT applications are set to gain strong momentum in the coming years.
• The key regions considered for the Global Internet of Things (IoT) in Utilities Market study include Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. North America dominated the market in 2025, benefiting from large-scale smart grid projects, strong regulatory support for renewable energy integration, and early adoption of smart metering technologies. Europe follows closely, driven by sustainability mandates and stringent policies on carbon neutrality, which push utilities to embrace IoT-driven efficiency. Asia Pacific, however, is forecasted to be the fastest-growing region, propelled by surging electricity demand in China and India, coupled with government investments in water and energy infrastructure modernization. Meanwhile, Latin America and the Middle East are steadily adopting IoT solutions to address resource management challenges and infrastructure inefficiencies, laying a foundation for future growth.

Major market players included in this report are:

• Siemens AG
• Cisco Systems, Inc.
• IBM Corporation
• Microsoft Corporation
• Schneider Electric SE
• Oracle Corporation
• Honeywell International Inc.
• ABB Ltd.
• General Electric Company
• SAP SE
• Intel Corporation
• Landis+Gyr Group AG
• Itron, Inc.
• Hitachi, Ltd.
• Huawei Technologies Co., Ltd.

Global Internet of Things (IoT) in Utilities Market Report Scope:

• Historical Data - 2023, 2024
• Base Year for Estimation - 2024
• Forecast period - 2025-2035
• Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
• Customization Scope - Free report customization (equivalent to up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:

Key Takeaways:

• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional-level analysis for each market segment.
• Detailed analysis of the geographical landscape with country-level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of the competitive structure of the market.
• Demand side and supply side analysis of the market.

Table of Contents

Chapter 1. Global Internet of Things in Utilities Market Report Scope & Methodology

• 1.1. Research Objective
• 1.2. Research Methodology
  • 1.2.1. Forecast Model
  • 1.2.2. Desk Research
  • 1.2.3. Top Down and Bottom-Up Approach
• 1.3. Research Attributes
• 1.4. Scope of the Study
  • 1.4.1. Market Definition
  • 1.4.2. Market Segmentation
• 1.5. Research Assumption
  • 1.5.1. Inclusion & Exclusion
  • 1.5.2. Limitations
  • 1.5.3. Years Considered for the Study

Chapter 2. Executive Summary

• 2.1. CEO/CXO Standpoint
• 2.2. Strategic Insights
• 2.3. ESG Analysis
• 2.4. key Findings

Chapter 3. Global Internet of Things in Utilities Market Forces Analysis

• 3.1. Market Forces Shaping The Global Internet of Things in Utilities Market (2024-2035)
• 3.2. Drivers
  • 3.2.1. Rising global focus on sustainability
  • 3.2.2. Digitalization of utility infrastructure
• 3.3. Restraints
  • 3.3.1. High upfront investment costs
• 3.4. Opportunities
  • 3.4.1. Government-backed initiatives to modernize energy and water management systems

Chapter 4. Global Internet of Things (IoT) in Utilities Industry Analysis

• 4.1. Porter's 5 Forces Model
  • 4.1.1. Bargaining Power of Buyer
  • 4.1.2. Bargaining Power of Supplier
  • 4.1.3. Threat of New Entrants
  • 4.1.4. Threat of Substitutes
  • 4.1.5. Competitive Rivalry
• 4.2. Porter's 5 Force Forecast Model (2024-2035)
• 4.3. PESTEL Analysis
  • 4.3.1. Political
  • 4.3.2. Economical
  • 4.3.3. Social
  • 4.3.4. Technological
  • 4.3.5. Environmental
  • 4.3.6. Legal
• 4.4. Top Investment Opportunities
• 4.5. Top Winning Strategies (2025)
• 4.6. Market Share Analysis (2024-2025)
• 4.7. Global Pricing Analysis And Trends 2025
• 4.8. Analyst Recommendation & Conclusion

Chapter 5. Global Internet of Things in Utilities Market Size & Forecasts by Component 2025-2035

• 5.1. Market Overview
• 5.2. Global Internet of Things in Utilities Market Performance - Potential Analysis (2025)
• 5.3. Platform
  • 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
  • 5.3.2. Market size analysis, by region, 2025-2035
• 5.4. Solutions
  • 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
  • 5.4.2. Market size analysis, by region, 2025-2035
• 5.5. Services
  • 5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
  • 5.5.2. Market size analysis, by region, 2025-2035

Chapter 6. Global Internet of Things in Utilities Market Size & Forecasts by Application 2025-2035

• 6.1. Market Overview
• 6.2. Global Internet of Things in Utilities Market Performance - Potential Analysis (2025)
• 6.3. Electricity Grid Management
  • 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
  • 6.3.2. Market size analysis, by region, 2025-2035
• 6.4. Water and Wastewater Management
  • 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
  • 6.4.2. Market size analysis, by region, 2025-2035

Chapter 7. Global Internet of Things in Utilities Market Size & Forecasts by Region 2025-2035

• 7.1. Growth Internet of Things (IoT) in Utilities Market, Regional Market Snapshot
• 7.2. Top Leading & Emerging Countries
• 7.3. North America Internet of Things (IoT) in Utilities Market
  • 7.3.1. U.S. Internet of Things (IoT) in Utilities Market
    • 7.3.1.1. Component breakdown size & forecasts, 2025-2035
    • 7.3.1.2. Application breakdown size & forecasts, 2025-2035
  • 7.3.2. Canada Internet of Things (IoT) in Utilities Market
    • 7.3.2.1. Component breakdown size & forecasts, 2025-2035
    • 7.3.2.2. Application breakdown size & forecasts, 2025-2035
• 7.4. Europe Internet of Things (IoT) in Utilities Market
  • 7.4.1. UK Internet of Things (IoT) in Utilities Market
    • 7.4.1.1. Component breakdown size & forecasts, 2025-2035
    • 7.4.1.2. Application breakdown size & forecasts, 2025-2035
  • 7.4.2. Germany Internet of Things (IoT) in Utilities Market
    • 7.4.2.1. Component breakdown size & forecasts, 2025-2035
    • 7.4.2.2. Application breakdown size & forecasts, 2025-2035
  • 7.4.3. France Internet of Things (IoT) in Utilities Market
    • 7.4.3.1. Component breakdown size & forecasts, 2025-2035
    • 7.4.3.2. Application breakdown size & forecasts, 2025-2035
  • 7.4.4. Spain Internet of Things (IoT) in Utilities Market
    • 7.4.4.1. Component breakdown size & forecasts, 2025-2035
    • 7.4.4.2. Application breakdown size & forecasts, 2025-2035
  • 7.4.5. Italy Internet of Things (IoT) in Utilities Market
    • 7.4.5.1. Component breakdown size & forecasts, 2025-2035
    • 7.4.5.2. Application breakdown size & forecasts, 2025-2035
  • 7.4.6. Rest of Europe Internet of Things (IoT) in Utilities Market
    • 7.4.6.1. Component breakdown size & forecasts, 2025-2035
    • 7.4.6.2. Application breakdown size & forecasts, 2025-2035
• 7.5. Asia Pacific Internet of Things (IoT) in Utilities Market
  • 7.5.1. China Internet of Things (IoT) in Utilities Market
    • 7.5.1.1. Component breakdown size & forecasts, 2025-2035
    • 7.5.1.2. Application breakdown size & forecasts, 2025-2035
  • 7.5.2. India Internet of Things (IoT) in Utilities Market
    • 7.5.2.1. Component breakdown size & forecasts, 2025-2035
    • 7.5.2.2. Application breakdown size & forecasts, 2025-2035
  • 7.5.3. Japan Internet of Things (IoT) in Utilities Market
    • 7.5.3.1. Component breakdown size & forecasts, 2025-2035
    • 7.5.3.2. Application breakdown size & forecasts, 2025-2035
  • 7.5.4. Australia Internet of Things (IoT) in Utilities Market
    • 7.5.4.1. Component breakdown size & forecasts, 2025-2035
    • 7.5.4.2. Application breakdown size & forecasts, 2025-2035
  • 7.5.5. South Korea Internet of Things (IoT) in Utilities Market
    • 7.5.5.1. Component breakdown size & forecasts, 2025-2035
    • 7.5.5.2. Application breakdown size & forecasts, 2025-2035
  • 7.5.6. Rest of APAC Internet of Things (IoT) in Utilities Market
    • 7.5.6.1. Component breakdown size & forecasts, 2025-2035
    • 7.5.6.2. Application breakdown size & forecasts, 2025-2035
• 7.6. Latin America Internet of Things (IoT) in Utilities Market
  • 7.6.1. Brazil Internet of Things (IoT) in Utilities Market
    • 7.6.1.1. Component breakdown size & forecasts, 2025-2035
    • 7.6.1.2. Application breakdown size & forecasts, 2025-2035
  • 7.6.2. Mexico Internet of Things (IoT) in Utilities Market
    • 7.6.2.1. Component breakdown size & forecasts, 2025-2035
    • 7.6.2.2. Application breakdown size & forecasts, 2025-2035
• 7.7. Middle East and Africa Internet of Things (IoT) in Utilities Market
  • 7.7.1. UAE Internet of Things (IoT) in Utilities Market
    • 7.7.1.1. Component breakdown size & forecasts, 2025-2035
    • 7.7.1.2. Application breakdown size & forecasts, 2025-2035
  • 7.7.2. Saudi Arabia (KSA) Internet of Things (IoT) in Utilities Market
    • 7.7.2.1. Component breakdown size & forecasts, 2025-2035
    • 7.7.2.2. Application breakdown size & forecasts, 2025-2035
  • 7.7.3. South Africa Internet of Things (IoT) in Utilities Market
    • 7.7.3.1. Component breakdown size & forecasts, 2025-2035
    • 7.7.3.2. Application breakdown size & forecasts, 2025-2035

Chapter 8. Competitive Intelligence

• 8.1. Top Market Strategies
• 8.2. Siemens AG
  • 8.2.1. Company Overview
  • 8.2.2. Key Executives
  • 8.2.3. Company Snapshot
  • 8.2.4. Financial Performance (Subject to Data Availability)
  • 8.2.5. Product/Services Port
  • 8.2.6. Recent Development
  • 8.2.7. Market Strategies
  • 8.2.8. SWOT Analysis
• 8.3. Cisco Systems, Inc.
• 8.4. IBM Corporation
• 8.5. Microsoft Corporation
• 8.6. Schneider Electric SE
• 8.7. Oracle Corporation
• 8.8. Honeywell International Inc.
• 8.9. ABB Ltd.
• 8.10. General Electric Company
• 8.11. SAP SE
• 8.12. Intel Corporation
• 8.13. Landis+Gyr Group AG
• 8.14. Itron, Inc.
• 8.15. Hitachi, Ltd.
• 8.16. Huawei Technologies Co., Ltd.