Internet of Things in Energy Market worth 22.34 Billion USD by 2020
Internet of Things enables centralized monitoring and control of all the operations taking place in an energy company and associated energy fields
The report "Internet of Things (IoT) in Energy Market by Systems & Solutions (Predictive Asset Maintenance, Connected Logistics, Security, Energy Analytics, IoT Platform, Energy Management), by Application (Oil & Gas, Mining), by Services & by Regions - Global Forecast to 2020", define and segments the market on the basis of systems and solutions, network technologies, services, applications, and regions. Systems and solutions include predictive maintenance, platform, security, connected logistic, compliance and risk management, energy analytics, intelligent energy management, mobile workforce management, and field surveillance and monitoring.
Browse 130 market data Tables and 41 Figures spread through 170 Pages and in-depth TOC on "Internet of Things (IoT) in Energy Market - Global Forecast to 2020"
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MarketsandMarkets forecasts that the global IoT in Energy market is expected to grow from USD 7.59 Billion in 2015 to USD 22.34 Billion by 2020, at a Compound Annual Growth Rate (CAGR) of 24.1% during the forecast period. In the current scenario, North America is expected to be the largest market on the basis of market size and technological advancements.