Market Size : IoT Market in Energy Grid Management Globally Grow at a CAGR of 35.71% by Revenue During the Period 2018-2021

ResearchMoz presents professional and in-depth study of "Global IoT Market in Energy Grid Management 2017-2021".

The Industrial Internet of Things (IIoT) is a term used to define the interconnection of industrial manufacturing and process equipment using IoT technologies.

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It represents the application of the latest digital information technologies for industrial activities. IIoT begins with sensors, which take analog information and convert it to digital data. The sensors transmit data to an on-site server for storage and analysis. This helps the administration of the company or business organization to take real-time decisions to improve the efficiency of output and increase the inbound revenue.

Technavios analysts forecast the global IoT market in energy grid management to grow at a CAGR of 35.71% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global IoT market in energy grid management for 2017-2021. To calculate the market size, the report considers new installations of software and hardware solutions, and services market.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

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Technavio's report, Global IoT Market in Energy Grid Management 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Accenture

Cisco

Intel

Schneider Electric

Siemens

Other prominent vendors

Actility

Bosch Software Innovations

Huawei

Sierra Wireless

Texas Instruments

ThingWorx

Market driver

Individualized customer preferences

For a full, detailed list, view our report

Market challenge

Concerns regarding data and network security

For a full, detailed list, view our report

Market trend

Adoption of smart grid networks

For a full, detailed list, view our report

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Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

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