Research and Markets has announced the addition of the “Internet of Things (IoT) in Energy Market by Systems & Solutions, Application, Services & Regions – Global Forecast to 2020” report to their offering.
The IoT in Energy market is expected to grow from USD 7.59 billion in 2015 to USD 22.34 billion by 2020, at a CAGR of 24.1% from 2015 to 2020.
The primary growth drivers for the IoT in Energy market include demand for proactive security solutions against rising cyber-attacks and increased operational efficiency. The IoT enabled technology solutions are capable of protecting and detecting malicious activities over a digital network infrastructure and automate the Critical Infrastructure Protection (CIP).
In addition, the strict regulations in energy industry over the safety of the assets and workers is also driving the shift towards IoT based solutions. The IoT-based technology solutions enable the energy sector to increase the operational efficiency through continued real-time monitoring. Advancement in next generation sensors also acts a driving factor in the IoT in Energy market. However, lack of skilled labors is a major growth restraint faced by the energy industry.
Key Topics Covered:
- Research Methodology
- Executive Summary
- Premium Insight
- Market Overview
- Industry Trends
- IoT in Energy Market Analysis, By System and Solution
- IoT in Energy Market Analysis, By Network Technology
- IoT in Energy Market Analysis, By Service
- IoT in Energy Market Analysis, By Application
- Geographic Analysis
- Competitive Landscape
Key Innovator Profiles:
Cisco Systems, Inc.
Flutura Business Solutions Llc
Ils Technolgy Llc
International Business Machine (Ibm) Corporation
Maven Systems Private Limited
Northwest Analytics, Inc.
Wind River Systems, Inc.
For more information visit http://www.researchandmarkets.com/research/nwxhr7/internet_of