Global Iot In Energy Market Size & Outlook, 2023-2030
The iot in energy industry worldwide is expected to reach a projected revenue of US$ 62,843.7 million by 2030. A compound annual growth rate of 13.9% is expected of the worldwide iot in energy industry from 2024 to 2030.
Revenue, 2023 (US$M)
$25,226.6
Forecast, 2030 (US$M)
$62,843.7
CAGR, 2024 - 2030
13.9%
Report Coverage
Worldwide
Global iot in energy market, 2018-2030 (US$M)
Global iot in energy market highlights
- The global iot in energy market generated a revenue of USD 25,226.6 million in 2023 and is expected to reach USD 62,843.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 13.9% by 2030.
- In terms of segment, solution accounted for a revenue of USD 25,226.6 million in 2023.
- Solution is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 25,226.6 million |
| Market revenue in 2030 | USD 62,843.7 million |
| Growth rate | 13.9% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Solution |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution |
Other key industry trends
- In terms of revenue, the North America accounted for 37.0% of the global iot in energy market in 2023.
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IoT in Energy Market Scope
Iot in energy market segmentation & scope
Energy Management
Safety Solution
Connected Logistics
Compliance & Risk Management
Data Management & Analytics
Others
Services
Professional Services
Managed Services
Application
Oil & Gas
Coal Mine
Smart Grid
Deployment
On-premise
Cloud
Connectivity
Zigbee
Wi-Fi
Bluetooth
Z-Wave
Others
Countries
U.S.
Canada
Mexico
Brazil
Argentina
Denmark
Germany
France
Italy
Sweden
Spain
UK
Norway
Kuwait
Saudi Arabia
South Africa
UAE
Australia
China
India
Japan
South Korea
Thailand
IoT in Energy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global iot in energy market size, by regions, 2018-2030 (US$M)
Related regional statistics
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