Internet of Things in Energy Sector: Facing Challenges to Develop New Business Models With the Obtained Data

Posted on 2018-09-19 by Goldstein Research in Internet & Online // 0 Comments

New York, USA, 2018-Sep-19 — /EPR Network/ —

According to Goldstein Research, rapid urbanization bolstered the power requirement and to provide a sustainable and efficient power supply, IoT technology is playing an important role. It is estimated that by 2020 more than 5.4 million IoT sensors, devices & systems will be implemented on oil extraction sites to track and measure environmental performance and efficient productivity. Further, the concept of smart cities is boosting the growth of IoT in the energy sector by ensuring the efficient usage of electricity, to self-heal the faults, to conserve energy and for the safety of consumers. Global IoT in Energy Sector market outlook also includes new business models, product developments and capital investment as the key strategies adopted by the major players for significant expansion of business in developed and as well as in developing countries across the globe.

Browse Full Report: https://www.goldsteinresearch.com/report/global-iot-in-energy-sector-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

Market Segmentation

On the basis of our in-depth analysis, global IoT in Energy Sector market can be segmented as follows:

By Components

Software
Hardware

By Applications

Predictive Maintenance
Security
Connected Logistic
Compliance and Risk Management
Energy Analytics
Intelligent Energy Management
Mobile Workforce Management
Field Surveillance and Monitoring

By End Users

Oil & Gas Sector
Mining Sector
Power Sector

By Geography

North America
Europe
The Middle East and Africa
Latin America
Asia Pacific

“Global IoT in Energy Sector Market Outlook 2024” contains detailed overview of the global IoT in Energy Sector market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by components, by applications, and by end users.

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Further, for the in-depth analysis, Global IoT in Energy Sector Market Analysis encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Intel Corporation, Alcatel-Lucent, SAP Se, General Electric, Cisco Systems Inc., Microsoft etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global IoT in Energy Sector market trends along with a market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on energy sector market research report reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Market Segmentation

By Components

By Applications

By End Users

By Geography

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