세계의 유틸리티용 사물인터넷 시장 : 컴포넌트, 용도, 최종 용도별 예측(2025-2030년)

The Internet of Things in Utilities Market was valued at USD 33.69 billion in 2023, expected to reach USD 37.41 billion in 2024, and is projected to grow at a CAGR of 10.06%, to USD 65.94 billion by 2030.

The Internet of Things (IoT) is exponentially transforming the utilities sector by enhancing operational efficiency, optimizing resource management, and facilitating data-driven decision-making. The scope of IoT in utilities encompasses smart grids, smart meters, predictive maintenance, and automated systems management. The necessity arises from the increasing demand for sustainable practices, improving network resiliency, reducing operational costs, and elevating customer service. Applications extend to real-time energy consumption tracking, water management, and grid automation. Key end-use sectors include electricity, water, gas, and wastewater management. Market growth is driven by technological advancements, supportive government policies, and increasing adoption of smart city initiatives. Opportunities lie in the integration of artificial intelligence and machine learning, offering predictive analytics and enhanced asset management. Companies that can deliver comprehensive, low-cost IoT solutions stand to benefit significantly as utilities demand scalable solutions that integrate seamlessly with existing infrastructure.

However, the market faces limitations such as high implementation costs, cybersecurity concerns, and data privacy issues, which could constrain its broader acceptance. Additionally, a lack of standardized protocols and interoperability challenges pose significant barriers. The greatest area for innovation lies in developing cost-effective security solutions and intelligent systems that enable better interaction between various IoT components. This requires a focus on open-source platforms and collaborative innovations that can address scalability and integration issues. Research in low-power wide-area networks (LPWAN) and edge computing can also offer pivotal enhancements in the IoT framework for utilities. Insights reveal that the market's dynamic nature is responsive to regulatory changes and technological progress, emphasizing the importance of strategic partnerships and resource investments. Companies are recommended to focus on modular systems that offer flexibility and adaptability, staying ahead of technological curves and regulatory requirements. Embracing circular economy principles and tapping into renewable energy integrations can further position businesses as leaders in this transformative sector.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Internet of Things in Utilities Market

The Internet of Things in Utilities Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Growing demand of IoT based sensors and webcams for utilities monitoring and security
  • Rise in smart city infrastructure and adoption of smart utility meters
  • Higher potential of utility IoT solutions in predictive protocols and proactive repair mechanism
• Market Restraints
  • High costs associated with utility IoT solutions
• Market Opportunities
  • Technological advancements and rising investments in IoT
  • Emerging investments in smart grid technologies
• Market Challenges
  • Data security risks associated with IoT technologies

Porter's Five Forces: A Strategic Tool for Navigating the Internet of Things in Utilities Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Internet of Things in Utilities Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Internet of Things in Utilities Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Internet of Things in Utilities Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Internet of Things in Utilities Market

A detailed market share analysis in the Internet of Things in Utilities Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Internet of Things in Utilities Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Internet of Things in Utilities Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Internet of Things in Utilities Market

A strategic analysis of the Internet of Things in Utilities Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Internet of Things in Utilities Market, highlighting leading vendors and their innovative profiles. These include Actility, SA, Brightly Software, Inc., Cisco Systems, Inc., Energyworx, Honeywell International Inc., International Business Machines Corporation, Itron Inc., Landis+Gyr AG, LeewayHertz, Oracle Corporation, Rayven Ltd., Saviant, Semtech Corporation, Software AG, Telenor Connexion AB, Telit, Trimble Inc., Verizon, and WAVIoT Integrated Systems LLC.

Market Segmentation & Coverage

This research report categorizes the Internet of Things in Utilities Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Component, market is studied across Hardware, Services, and Software. The Hardware is further studied across Beacons, Cameras, IoT Gateways & Network Devices, Processors, and Sensors & Actuators. The Services is further studied across Consulting, Integration & Deployment, and Repair & Maintenance.
• Based on Application, market is studied across Asset Management, Compliance & Risk Management, Data Management & Analytics, Network Management, Security, Supervisory Control & Data Acquisition, and Utility Management.
• Based on End-use, market is studied across Electricity Grid Management, Utility Gas Management, and Water & Wastewater Management.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Growing demand of IoT based sensors and webcams for utilities monitoring and security
    • 5.1.1.2. Rise in smart city infrastructure and adoption of smart utility meters
    • 5.1.1.3. Higher potential of utility IoT solutions in predictive protocols and proactive repair mechanism
  • 5.1.2. Restraints
    • 5.1.2.1. High costs associated with utility IoT solutions
  • 5.1.3. Opportunities
    • 5.1.3.1. Technological advancements and rising investments in IoT
    • 5.1.3.2. Emerging investments in smart grid technologies
  • 5.1.4. Challenges
    • 5.1.4.1. Data security risks associated with IoT technologies
• 5.2. Market Segmentation Analysis
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Internet of Things in Utilities Market, by Component

• 6.1. Introduction
• 6.2. Hardware
  • 6.2.1. Beacons
  • 6.2.2. Cameras
  • 6.2.3. IoT Gateways & Network Devices
  • 6.2.4. Processors
  • 6.2.5. Sensors & Actuators
• 6.3. Services
  • 6.3.1. Consulting
  • 6.3.2. Integration & Deployment
  • 6.3.3. Repair & Maintenance
• 6.4. Software

7. Internet of Things in Utilities Market, by Application

• 7.1. Introduction
• 7.2. Asset Management
• 7.3. Compliance & Risk Management
• 7.4. Data Management & Analytics
• 7.5. Network Management
• 7.6. Security
• 7.7. Supervisory Control & Data Acquisition
• 7.8. Utility Management

8. Internet of Things in Utilities Market, by End-use

• 8.1. Introduction
• 8.2. Electricity Grid Management
• 8.3. Utility Gas Management
• 8.4. Water & Wastewater Management

9. Americas Internet of Things in Utilities Market

• 9.1. Introduction
• 9.2. Argentina
• 9.3. Brazil
• 9.4. Canada
• 9.5. Mexico
• 9.6. United States

10. Asia-Pacific Internet of Things in Utilities Market

• 10.1. Introduction
• 10.2. Australia
• 10.3. China
• 10.4. India
• 10.5. Indonesia
• 10.6. Japan
• 10.7. Malaysia
• 10.8. Philippines
• 10.9. Singapore
• 10.10. South Korea
• 10.11. Taiwan
• 10.12. Thailand
• 10.13. Vietnam

11. Europe, Middle East & Africa Internet of Things in Utilities Market

• 11.1. Introduction
• 11.2. Denmark
• 11.3. Egypt
• 11.4. Finland
• 11.5. France
• 11.6. Germany
• 11.7. Israel
• 11.8. Italy
• 11.9. Netherlands
• 11.10. Nigeria
• 11.11. Norway
• 11.12. Poland
• 11.13. Qatar
• 11.14. Russia
• 11.15. Saudi Arabia
• 11.16. South Africa
• 11.17. Spain
• 11.18. Sweden
• 11.19. Switzerland
• 11.20. Turkey
• 11.21. United Arab Emirates
• 11.22. United Kingdom

12. Competitive Landscape

• 12.1. Market Share Analysis, 2023
• 12.2. FPNV Positioning Matrix, 2023
• 12.3. Competitive Scenario Analysis
• 12.4. Strategy Analysis & Recommendation

Companies Mentioned

• 1. Actility, SA
• 2. Brightly Software, Inc.
• 3. Cisco Systems, Inc.
• 4. Energyworx
• 5. Honeywell International Inc.
• 6. International Business Machines Corporation
• 7. Itron Inc.
• 8. Landis+Gyr AG
• 9. LeewayHertz
• 10. Oracle Corporation
• 11. Rayven Ltd.
• 12. Saviant
• 13. Semtech Corporation
• 14. Software AG
• 15. Telenor Connexion AB
• 16. Telit
• 17. Trimble Inc.
• 18. Verizon
• 19. WAVIoT Integrated Systems LLC