세계의 유틸리티용 사물인터넷(IoT) 시장

Global Internet of Things (IoT) in Utilities Market to Reach US$158.1 Billion by 2030

The global market for Internet of Things (IoT) in Utilities estimated at US$75.6 Billion in the year 2024, is expected to reach US$158.1 Billion by 2030, growing at a CAGR of 13.1% over the analysis period 2024-2030. Solutions, one of the segments analyzed in the report, is expected to record a 13.9% CAGR and reach US$94.1 Billion by the end of the analysis period. Growth in the Platform segment is estimated at 10.9% CAGR over the analysis period.

The U.S. Market is Estimated at US$20.9 Billion While China is Forecast to Grow at 12.4% CAGR

The Internet of Things (IoT) in Utilities market in the U.S. is estimated at US$20.9 Billion in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$24.2 Billion by the year 2030 trailing a CAGR of 12.4% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 11.6% and 10.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 9.2% CAGR.

Global Internet of Things (IoT) in Utilities Market - Key Trends and Drivers Summarized

How Is the Internet of Things (IoT) Revolutionizing Utilities?

The Internet of Things (IoT) is revolutionizing the utilities sector by enabling smarter, more efficient management of energy, water, and gas resources. IoT devices such as smart meters, sensors, and connected grids allow utility companies to monitor resource consumption in real time, helping to balance supply and demand more effectively and reduce waste. By providing continuous data on energy usage, smart meters enable utilities to offer dynamic pricing models, encourage energy conservation, and detect anomalies such as leaks or faults in the system. IoT solutions also help utility companies improve operational efficiency through predictive maintenance of infrastructure, reducing downtime and extending the lifespan of critical assets.

How Are Technological Advancements Driving IoT Adoption in Utilities?

Technological advancements in IoT sensors, AI-driven analytics, and edge computing are driving the widespread adoption of IoT in the utilities sector. IoT sensors are becoming more sophisticated and energy-efficient, enabling continuous monitoring of utility infrastructure such as power grids, water pipelines, and gas distribution networks. AI and machine learning algorithms analyze the vast amounts of data generated by IoT devices, offering predictive insights that help utility companies optimize grid performance, detect faults, and improve service reliability. Edge computing is enhancing IoT systems by allowing data to be processed closer to the source, reducing latency and enabling faster responses to critical events such as power outages or water leaks.

How Do Market Segments Define the Growth of IoT in Utilities?

Components include hardware such as smart meters and sensors, software for data management and analytics, and services for system integration and maintenance. Key applications of IoT in utilities include energy management, grid monitoring, water management, and predictive maintenance, with smart metering being the largest segment due to the growing adoption of connected meters by utility companies. Geographically, North America and Europe are leading the market, driven by government regulations promoting smart grid development and energy efficiency, while emerging markets in Asia-Pacific are seeing rapid growth due to increasing investments in digital infrastructure and urbanization.

What Factors Are Driving the Growth in the IoT in Utilities Market?

The growth in the IoT in utilities market is driven by several factors, including the increasing demand for energy efficiency, the growing adoption of smart grid technologies, and the need for real-time monitoring of critical infrastructure. As utilities seek to improve resource management and reduce operational costs, IoT solutions offer real-time insights into energy, water, and gas usage, helping to optimize supply and reduce waste. Technological innovations in AI, edge computing, and advanced sensor technology are further driving market growth by enabling predictive maintenance and improving the reliability of utility services. Additionally, regulatory mandates aimed at promoting energy conservation and sustainability are pushing utility companies to adopt IoT technologies to meet environmental goals and ensure long-term infrastructure resilience.

SCOPE OF STUDY:

The report analyzes the Internet of Things (IoT) in Utilities market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:

Component (Solutions, Platform, Services); Application (Electricity Grid Management, Water & Wastewater Management, Utility Gas Management)

Geographic Regions/Countries:

World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Select Competitors (Total 37 Featured) -

• ABB
• Aclara
• Actility
• Altair
• Cisco
• Energyworx
• General Electric
• HCL
• Honeywell
• Huawei
• IBM
• Itron
• Landis+Gyr
• Oracle
• Rayven
• Saviant Consulting
• Schneider Electric
• Siemens
• Telit
• Trilliant
• Trimble
• Verizon
• Vodafone
• Waviot

AI INTEGRATIONS

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TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by increasing the Cost of Goods Sold (COGS), reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

TABLE OF CONTENTS

I. METHODOLOGY

II. EXECUTIVE SUMMARY

• 1. MARKET OVERVIEW
  • Influencer Market Insights
  • Tariff Impact on Global Supply Chain Patterns
  • Global Economic Update
  • Internet of Things (IoT) in Utilities - Global Key Competitors Percentage Market Share in 2025 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)
• 2. FOCUS ON SELECT PLAYERS
• 3. MARKET TRENDS & DRIVERS
  • Rising Demand for Smart Meters and Grid Modernization Drives IoT Adoption in Utilities
  • Technological Advancements in IoT-Enabled Energy Monitoring Strengthen Market Growth
  • Growing Use of IoT in Predictive Maintenance for Utility Infrastructure Expands Market Opportunities
  • Expansion of Renewable Energy Integration and Smart Grid Solutions Fuels IoT Growth
  • Focus on Enhancing Energy Efficiency and Reducing Operational Costs Propels IoT Adoption
  • Increasing Demand for Real-Time Data and Analytics in Utility Operations Drives Market Expansion
  • Technological Innovations in IoT for Water and Wastewater Management Propel Growth
  • Rising Focus on Grid Security and Reliability Strengthens Business Case for IoT Solutions
  • Growing Use of IoT in Demand Response and Load Balancing Expands Market Potential
  • Rising Investments in Smart City and Utility Infrastructure Projects Fuel IoT Market Growth
  • Expansion of IoT in Remote Monitoring and Control of Utility Assets Drives Demand
  • Increasing Use of IoT for Asset Tracking and Performance Optimization in Utilities Strengthens Growth
  • Technological Advancements in Edge Computing and AI-Powered IoT Solutions Expand Market Opportunities
• 4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Recent Past, Current & Future Analysis for Internet of Things (IoT) in Utilities by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
  • TABLE 2: World 6-Year Perspective for Internet of Things (IoT) in Utilities by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2025 & 2030
  • TABLE 3: World Recent Past, Current & Future Analysis for Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
  • TABLE 4: World 6-Year Perspective for Solutions by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2025 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for Platform by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
  • TABLE 6: World 6-Year Perspective for Platform by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2025 & 2030
  • TABLE 7: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
  • TABLE 8: World 6-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2025 & 2030
  • TABLE 9: World Recent Past, Current & Future Analysis for Water & Wastewater Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
  • TABLE 10: World 6-Year Perspective for Water & Wastewater Management by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2025 & 2030
  • TABLE 11: World Recent Past, Current & Future Analysis for Utility Gas Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
  • TABLE 12: World 6-Year Perspective for Utility Gas Management by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2025 & 2030
  • TABLE 13: World Recent Past, Current & Future Analysis for Electricity Grid Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
  • TABLE 14: World 6-Year Perspective for Electricity Grid Management by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2025 & 2030
  • TABLE 15: World Internet of Things (IoT) in Utilities Market Analysis of Annual Sales in US$ Million for Years 2015 through 2030

III. MARKET ANALYSIS

• UNITED STATES
  • Internet of Things (IoT) in Utilities Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (E)
  • TABLE 16: USA Recent Past, Current & Future Analysis for Internet of Things (IoT) in Utilities by Component - Solutions, Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 17: USA 6-Year Perspective for Internet of Things (IoT) in Utilities by Component - Percentage Breakdown of Value Sales for Solutions, Platform and Services for the Years 2025 & 2030
  • TABLE 18: USA Recent Past, Current & Future Analysis for Internet of Things (IoT) in Utilities by Application - Electricity Grid Management, Water & Wastewater Management and Utility Gas Management - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 19: USA 6-Year Perspective for Internet of Things (IoT) in Utilities by Application - Percentage Breakdown of Value Sales for Electricity Grid Management, Water & Wastewater Management and Utility Gas Management for the Years 2025 & 2030
• CANADA
  • TABLE 20: Canada Recent Past, Current & Future Analysis for Internet of Things (IoT) in Utilities by Component - Solutions, Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 21: Canada 6-Year Perspective for Internet of Things (IoT) in Utilities by Component - Percentage Breakdown of Value Sales for Solutions, Platform and Services for the Years 2025 & 2030
  • TABLE 22: Canada Recent Past, Current & Future Analysis for Internet of Things (IoT) in Utilities by Application - Electricity Grid Management, Water & Wastewater Management and Utility Gas Management - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 23: Canada 6-Year Perspective for Internet of Things (IoT) in Utilities by Application - Percentage Breakdown of Value Sales for Electricity Grid Management, Water & Wastewater Management and Utility Gas Management for the Years 2025 & 2030
• JAPAN
  • Internet of Things (IoT) in Utilities Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2025 (E)
  • TABLE 24: Japan Recent Past, Current & Future Analysis for Internet of Things (IoT) in Utilities by Component - Solutions, Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 25: Japan 6-Year Perspective for Internet of Things (IoT) in Utilities by Component - Percentage Breakdown of Value Sales for Solutions, Platform and Services for the Years 2025 & 2030
  • TABLE 26: Japan Recent Past, Current & Future Analysis for Internet of Things (IoT) in Utilities by Application - Electricity Grid Management, Water & Wastewater Management and Utility Gas Management - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 27: Japan 6-Year Perspective for Internet of Things (IoT) in Utilities by Application - Percentage Breakdown of Value Sales for Electricity Grid Management, Water & Wastewater Management and Utility Gas Management for the Years 2025 & 2030
• CHINA
  • Internet of Things (IoT) in Utilities Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2025 (E)
  • TABLE 28: China Recent Past, Current & Future Analysis for Internet of Things (IoT) in Utilities by Component - Solutions, Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 29: China 6-Year Perspective for Internet of Things (IoT) in Utilities by Component - Percentage Breakdown of Value Sales for Solutions, Platform and Services for the Years 2025 & 2030
  • TABLE 30: China Recent Past, Current & Future Analysis for Internet of Things (IoT) in Utilities by Application - Electricity Grid Management, Water & Wastewater Management and Utility Gas Management - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 31: China 6-Year Perspective for Internet of Things (IoT) in Utilities by Application - Percentage Breakdown of Value Sales for Electricity Grid Management, Water & Wastewater Management and Utility Gas Management for the Years 2025 & 2030
• EUROPE
  • Internet of Things (IoT) in Utilities Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (E)
  • TABLE 32: Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) in Utilities by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
  • TABLE 33: Europe 6-Year Perspective for Internet of Things (IoT) in Utilities by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2025 & 2030
  • TABLE 34: Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) in Utilities by Component - Solutions, Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 35: Europe 6-Year Perspective for Internet of Things (IoT) in Utilities by Component - Percentage Breakdown of Value Sales for Solutions, Platform and Services for the Years 2025 & 2030
  • TABLE 36: Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) in Utilities by Application - Electricity Grid Management, Water & Wastewater Management and Utility Gas Management - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 37: Europe 6-Year Perspective for Internet of Things (IoT) in Utilities by Application - Percentage Breakdown of Value Sales for Electricity Grid Management, Water & Wastewater Management and Utility Gas Management for the Years 2025 & 2030
• FRANCE
  • Internet of Things (IoT) in Utilities Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2025 (E)
  • TABLE 38: France Recent Past, Current & Future Analysis for Internet of Things (IoT) in Utilities by Component - Solutions, Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 39: France 6-Year Perspective for Internet of Things (IoT) in Utilities by Component - Percentage Breakdown of Value Sales for Solutions, Platform and Services for the Years 2025 & 2030
  • TABLE 40: France Recent Past, Current & Future Analysis for Internet of Things (IoT) in Utilities by Application - Electricity Grid Management, Water & Wastewater Management and Utility Gas Management - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 41: France 6-Year Perspective for Internet of Things (IoT) in Utilities by Application - Percentage Breakdown of Value Sales for Electricity Grid Management, Water & Wastewater Management and Utility Gas Management for the Years 2025 & 2030
• GERMANY
  • Internet of Things (IoT) in Utilities Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2025 (E)
  • TABLE 42: Germany Recent Past, Current & Future Analysis for Internet of Things (IoT) in Utilities by Component - Solutions, Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 43: Germany 6-Year Perspective for Internet of Things (IoT) in Utilities by Component - Percentage Breakdown of Value Sales for Solutions, Platform and Services for the Years 2025 & 2030
  • TABLE 44: Germany Recent Past, Current & Future Analysis for Internet of Things (IoT) in Utilities by Application - Electricity Grid Management, Water & Wastewater Management and Utility Gas Management - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 45: Germany 6-Year Perspective for Internet of Things (IoT) in Utilities by Application - Percentage Breakdown of Value Sales for Electricity Grid Management, Water & Wastewater Management and Utility Gas Management for the Years 2025 & 2030
• ITALY
  • TABLE 46: Italy Recent Past, Current & Future Analysis for Internet of Things (IoT) in Utilities by Component - Solutions, Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 47: Italy 6-Year Perspective for Internet of Things (IoT) in Utilities by Component - Percentage Breakdown of Value Sales for Solutions, Platform and Services for the Years 2025 & 2030
  • TABLE 48: Italy Recent Past, Current & Future Analysis for Internet of Things (IoT) in Utilities by Application - Electricity Grid Management, Water & Wastewater Management and Utility Gas Management - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 49: Italy 6-Year Perspective for Internet of Things (IoT) in Utilities by Application - Percentage Breakdown of Value Sales for Electricity Grid Management, Water & Wastewater Management and Utility Gas Management for the Years 2025 & 2030
• UNITED KINGDOM
  • Internet of Things (IoT) in Utilities Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2025 (E)
  • TABLE 50: UK Recent Past, Current & Future Analysis for Internet of Things (IoT) in Utilities by Component - Solutions, Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 51: UK 6-Year Perspective for Internet of Things (IoT) in Utilities by Component - Percentage Breakdown of Value Sales for Solutions, Platform and Services for the Years 2025 & 2030
  • TABLE 52: UK Recent Past, Current & Future Analysis for Internet of Things (IoT) in Utilities by Application - Electricity Grid Management, Water & Wastewater Management and Utility Gas Management - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 53: UK 6-Year Perspective for Internet of Things (IoT) in Utilities by Application - Percentage Breakdown of Value Sales for Electricity Grid Management, Water & Wastewater Management and Utility Gas Management for the Years 2025 & 2030
• REST OF EUROPE
  • TABLE 54: Rest of Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) in Utilities by Component - Solutions, Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 55: Rest of Europe 6-Year Perspective for Internet of Things (IoT) in Utilities by Component - Percentage Breakdown of Value Sales for Solutions, Platform and Services for the Years 2025 & 2030
  • TABLE 56: Rest of Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) in Utilities by Application - Electricity Grid Management, Water & Wastewater Management and Utility Gas Management - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 57: Rest of Europe 6-Year Perspective for Internet of Things (IoT) in Utilities by Application - Percentage Breakdown of Value Sales for Electricity Grid Management, Water & Wastewater Management and Utility Gas Management for the Years 2025 & 2030
• ASIA-PACIFIC
  • Internet of Things (IoT) in Utilities Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (E)
  • TABLE 58: Asia-Pacific Recent Past, Current & Future Analysis for Internet of Things (IoT) in Utilities by Component - Solutions, Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 59: Asia-Pacific 6-Year Perspective for Internet of Things (IoT) in Utilities by Component - Percentage Breakdown of Value Sales for Solutions, Platform and Services for the Years 2025 & 2030
  • TABLE 60: Asia-Pacific Recent Past, Current & Future Analysis for Internet of Things (IoT) in Utilities by Application - Electricity Grid Management, Water & Wastewater Management and Utility Gas Management - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 61: Asia-Pacific 6-Year Perspective for Internet of Things (IoT) in Utilities by Application - Percentage Breakdown of Value Sales for Electricity Grid Management, Water & Wastewater Management and Utility Gas Management for the Years 2025 & 2030
• REST OF WORLD
  • TABLE 62: Rest of World Recent Past, Current & Future Analysis for Internet of Things (IoT) in Utilities by Component - Solutions, Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 63: Rest of World 6-Year Perspective for Internet of Things (IoT) in Utilities by Component - Percentage Breakdown of Value Sales for Solutions, Platform and Services for the Years 2025 & 2030
  • TABLE 64: Rest of World Recent Past, Current & Future Analysis for Internet of Things (IoT) in Utilities by Application - Electricity Grid Management, Water & Wastewater Management and Utility Gas Management - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 65: Rest of World 6-Year Perspective for Internet of Things (IoT) in Utilities by Application - Percentage Breakdown of Value Sales for Electricity Grid Management, Water & Wastewater Management and Utility Gas Management for the Years 2025 & 2030

IV. COMPETITION