Global IoT Market in Energy Grid Management 2024-2028

Description

List of Tables

The IoT market in energy grid management is forecasted to grow by USD 50.01 bn during 2023-2028, accelerating at a CAGR of 19.27% during the forecast period. The report on the IoT market in energy grid management provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by aim of government toward reduction of carbon emissions, growing individualized customer preferences, and increasing penetration of smart technologies.

Technavio's IoT market in energy grid management is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	14.52%
CAGR	19.27%
Incremental Value	$50.01bn

By Solution

Hardware
Software
Services

By Application

Generation
Transmission
Substation automation
Distribution

By Geographical Landscape

North America
Europe
APAC
Middle East and Africa
South America

This study identifies the development of 5G network as one of the prime reasons driving the IoT market in energy grid management growth during the next few years. Also, rapid deployment of smart grids and increasing installation of smart energy meters will lead to sizable demand in the market.

The report on the IoT market in energy grid management covers the following areas:

IoT market in energy grid management sizing
IoT market in energy grid management forecast
IoT market in energy grid management industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading IoT market in energy grid management vendors that include ABB Ltd., Cisco Systems Inc., Eaton Corp. Plc, Fujitsu Ltd., General Electric Co., Hitachi Ltd., Honeywell International Inc., Huawei Technologies Co. Ltd., Intel Corp., International Business Machines Corp., Itron Inc., Landis Gyr AG, Microsoft Corp., Mitsubishi Electric Corp., Oracle Corp., SAP SE, Schneider Electric SE, Siemens AG, Toshiba Corp., and Trilliant Holdings Inc.. Also, the IoT market in energy grid management analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR43821

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Solution
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global IoT market in energy grid management 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global iot market in energy grid management 2018 - 2022 ($ billion)
4.2 Solution Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Solution Segment 2018 - 2022 ($ billion)
4.3 Application Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Solution

6.1 Market segments
Exhibit 30: Chart on Solution - Market share 2023-2028 (%)
Exhibit 31: Data Table on Solution - Market share 2023-2028 (%)
6.2 Comparison by Solution
Exhibit 32: Chart on Comparison by Solution
Exhibit 33: Data Table on Comparison by Solution
6.3 Hardware - Market size and forecast 2023-2028
Exhibit 34: Chart on Hardware - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Hardware - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Hardware - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Hardware - Year-over-year growth 2023-2028 (%)
6.4 Software - Market size and forecast 2023-2028
Exhibit 38: Chart on Software - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Software - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Software - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Software - Year-over-year growth 2023-2028 (%)
6.5 Services - Market size and forecast 2023-2028
Exhibit 42: Chart on Services - Market size and forecast 2023-2028 ($ billion)
Exhibit 43: Data Table on Services - Market size and forecast 2023-2028 ($ billion)
Exhibit 44: Chart on Services - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Services - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Solution
Exhibit 46: Market opportunity by Solution ($ billion)
Exhibit 47: Data Table on Market opportunity by Solution ($ billion)

7 Market Segmentation by Application

7.1 Market segments
Exhibit 48: Chart on Application - Market share 2023-2028 (%)
Exhibit 49: Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
Exhibit 50: Chart on Comparison by Application
Exhibit 51: Data Table on Comparison by Application
7.3 Generation - Market size and forecast 2023-2028
Exhibit 52: Chart on Generation - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Generation - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Generation - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Generation - Year-over-year growth 2023-2028 (%)
7.4 Transmission - Market size and forecast 2023-2028
Exhibit 56: Chart on Transmission - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Transmission - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Transmission - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Transmission - Year-over-year growth 2023-2028 (%)
7.5 Substation automation - Market size and forecast 2023-2028
Exhibit 60: Chart on Substation automation - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Data Table on Substation automation - Market size and forecast 2023-2028 ($ billion)
Exhibit 62: Chart on Substation automation - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Substation automation - Year-over-year growth 2023-2028 (%)
7.6 Distribution - Market size and forecast 2023-2028
Exhibit 64: Chart on Distribution - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Data Table on Distribution - Market size and forecast 2023-2028 ($ billion)
Exhibit 66: Chart on Distribution - Year-over-year growth 2023-2028 (%)
Exhibit 67: Data Table on Distribution - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Application
Exhibit 68: Market opportunity by Application ($ billion)
Exhibit 69: Data Table on Market opportunity by Application ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 71: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 73: Chart on Geographic comparison
Exhibit 74: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
Exhibit 83: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 91: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 UK - Market size and forecast 2023-2028
Exhibit 107: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 108: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 109: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.12 Germany - Market size and forecast 2023-2028
Exhibit 111: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 112: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 113: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 114: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 115: Market opportunity By Geographical Landscape ($ billion)
Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 117: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 119: Overview on factors of disruption
11.4 Industry risks
Exhibit 120: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 121: Vendors covered
12.2 Market positioning of vendors
Exhibit 122: Matrix on vendor position and classification
12.3 ABB Ltd.
Exhibit 123: ABB Ltd. - Overview
Exhibit 124: ABB Ltd. - Business segments
Exhibit 125: ABB Ltd. - Key offerings
Exhibit 126: ABB Ltd. - Segment focus
12.4 Cisco Systems Inc.
Exhibit 127: Cisco Systems Inc. - Overview
Exhibit 128: Cisco Systems Inc. - Business segments
Exhibit 129: Cisco Systems Inc. - Key news
Exhibit 130: Cisco Systems Inc. - Key offerings
Exhibit 131: Cisco Systems Inc. - Segment focus
12.5 General Electric Co.
Exhibit 132: General Electric Co. - Overview
Exhibit 133: General Electric Co. - Business segments
Exhibit 134: General Electric Co. - Key news
Exhibit 135: General Electric Co. - Key offerings
Exhibit 136: General Electric Co. - Segment focus
12.6 Hitachi Ltd.
Exhibit 137: Hitachi Ltd. - Overview
Exhibit 138: Hitachi Ltd. - Business segments
Exhibit 139: Hitachi Ltd. - Key news
Exhibit 140: Hitachi Ltd. - Key offerings
Exhibit 141: Hitachi Ltd. - Segment focus
12.7 Honeywell International Inc.
Exhibit 142: Honeywell International Inc. - Overview
Exhibit 143: Honeywell International Inc. - Business segments
Exhibit 144: Honeywell International Inc. - Key news
Exhibit 145: Honeywell International Inc. - Key offerings
Exhibit 146: Honeywell International Inc. - Segment focus
12.8 Huawei Technologies Co. Ltd.
Exhibit 147: Huawei Technologies Co. Ltd. - Overview
Exhibit 148: Huawei Technologies Co. Ltd. - Business segments
Exhibit 149: Huawei Technologies Co. Ltd. - Key news
Exhibit 150: Huawei Technologies Co. Ltd. - Key offerings
Exhibit 151: Huawei Technologies Co. Ltd. - Segment focus
12.9 International Business Machines Corp.
Exhibit 152: International Business Machines Corp. - Overview
Exhibit 153: International Business Machines Corp. - Business segments
Exhibit 154: International Business Machines Corp. - Key news
Exhibit 155: International Business Machines Corp. - Key offerings
Exhibit 156: International Business Machines Corp. - Segment focus
12.10 Itron Inc.
Exhibit 157: Itron Inc. - Overview
Exhibit 158: Itron Inc. - Business segments
Exhibit 159: Itron Inc. - Key offerings
Exhibit 160: Itron Inc. - Segment focus
12.11 Landis Gyr AG
Exhibit 161: Landis Gyr AG - Overview
Exhibit 162: Landis Gyr AG - Business segments
Exhibit 163: Landis Gyr AG - Key news
Exhibit 164: Landis Gyr AG - Key offerings
Exhibit 165: Landis Gyr AG - Segment focus
12.12 Microsoft Corp.
Exhibit 166: Microsoft Corp. - Overview
Exhibit 167: Microsoft Corp. - Business segments
Exhibit 168: Microsoft Corp. - Key news
Exhibit 169: Microsoft Corp. - Key offerings
Exhibit 170: Microsoft Corp. - Segment focus
12.13 Oracle Corp.
Exhibit 171: Oracle Corp. - Overview
Exhibit 172: Oracle Corp. - Business segments
Exhibit 173: Oracle Corp. - Key news
Exhibit 174: Oracle Corp. - Key offerings
Exhibit 175: Oracle Corp. - Segment focus
12.14 SAP SE
Exhibit 176: SAP SE - Overview
Exhibit 177: SAP SE - Business segments
Exhibit 178: SAP SE - Key news
Exhibit 179: SAP SE - Key offerings
Exhibit 180: SAP SE - Segment focus
12.15 Schneider Electric SE
Exhibit 181: Schneider Electric SE - Overview
Exhibit 182: Schneider Electric SE - Business segments
Exhibit 183: Schneider Electric SE - Key news
Exhibit 184: Schneider Electric SE - Key offerings
Exhibit 185: Schneider Electric SE - Segment focus
12.16 Siemens AG
Exhibit 186: Siemens AG - Overview
Exhibit 187: Siemens AG - Business segments
Exhibit 188: Siemens AG - Key news
Exhibit 189: Siemens AG - Key offerings
Exhibit 190: Siemens AG - Segment focus
12.17 Toshiba Corp.
Exhibit 191: Toshiba Corp. - Overview
Exhibit 192: Toshiba Corp. - Business segments
Exhibit 193: Toshiba Corp. - Key news
Exhibit 194: Toshiba Corp. - Key offerings
Exhibit 195: Toshiba Corp. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 196: Inclusions checklist
Exhibit 197: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 198: Currency conversion rates for US$
13.4 Research methodology
Exhibit 199: Research methodology
Exhibit 200: Validation techniques employed for market sizing
Exhibit 201: Information sources
13.5 List of abbreviations
Exhibit 202: List of abbreviations