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Internet Of Things (IoT) In Energy Market 2025: Detailed Insights into Market Size and Future Growth

22 May, 2025

The Internet Of Things (IoT) In Energy Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.

What are the Historical Growth Trends in the Internet Of Things (IoT) In Energy Market?

The market size of the Internet of Things (IoT) in Energy industry has seen significant growth in the past few years. The market, which was worth $25.97 billion in 2024, is projected to reach $28.68 billion in 2025, growing at a Compound Annual Growth Rate (CAGR) of 10.4%.

What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Internet Of Things (IoT) In Energy Industry?

The market size for the Internet of Things (IoT) in the energy sector is projected to reach $47.41 billion by 2029, growing at a compound annual growth rate (CAGR) of 13.4%.

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What are the Key Growth Drivers Fueling the Internet Of Things (IoT) In Energy Market?

The key drivers in the internet of things (iot) in energy market are:

• Increase in real-time asset monitoring
• Rise of decentralized energy generation
• Proliferation of IoT devices
• Greater emphasis on climate change mitigation and energy management systems

Global Market Segmentation: Identifying Major Internet Of Things (IoT) In Energy Industry Segments

The internet of things (IoT) in energy market covered in this report is segmented –
1) By Component: Solution, Platforms, Services
2) By Technology: Cellular Network, Satellite Network, Radio Network, Other Technologies
3) By Application: Energy Generation, Energy Consumption, Network Security, Email Security, Database And Cloud Security, Other Applications

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What are the Emerging Trends Shaping the Future of the Internet Of Things (IoT) In Energy Market?

The key trends in the internet of things (iot) in energy market are:

• Adaptive energy management is emerging as a significant trend in the IoT in energy market.
• The use of analytics in energy consumption is rapidly gaining traction in the market.
• Blockchain technology being employed for energy transactions is shaping the future trends.
• The integration of renewable energy and IoT-enabled smart buildings are also becoming major trends.

Who Are the Top Competitors & Leading Players in the Internet Of Things (IoT) In Energy Market?

Major companies in the internet of things (iot) in energy market are:

• Cisco Systems Inc.
• International Business Machines Corporation
• Intel Corporation
• SAP SE
• AGT International
• Davra Networks
• HCL Technologies Limited
• Accenture PLC
• Google LLC
• Altair Engineering Inc.
• Siemens AG
• Schneider Electric SE
• Rockwell Automation Inc.
• Asea Brown Boveri Ltd.
• Aclara Technologies LLC
• C3.ai Inc.
• Honeywell International Inc.
• Vodafone Group PLC
• Duke Energy Corporation
• Enel S.p.A.
• Électricité de France
• Pacific Gas and Electric Company
• National Grid PLC
• Southern Company
• Carriots SL
• Flutura Business Solutions LLC
• Maven Systems Private Limited
• Wind River Systems Inc.

Regional Dominance: Which Area Leads the Global Template Market?

North America was the largest region in the k market in 2024

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