Internet of Things (IoT) in Energy Market Size, Share, and Trends 2024 to 2034

The global internet of things (IoT) in energy market size is calculated at USD 34.42 billion in 2025 and is forecasted to reach around USD 111.41 billion by 2034, accelerating at a CAGR of 13.94% from 2025 to 2034. The North America internet of things (IoT) in energy market size surpassed USD 11.18 billion in 2024 and is expanding at a CAGR of 14.09% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 1679
  • Category : ICT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Internet of Things (IoT) in Energy Market 

5.1. COVID-19 Landscape: Internet of Things (IoT) in Energy Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Internet of Things (IoT) in Energy Market, By Service

8.1. Internet of Things (IoT) in Energy Market, by Service Type

8.1.1. Consulting

8.1.1.1. Market Revenue and Forecast

8.1.2. Integration and Deployment

8.1.2.1. Market Revenue and Forecast

8.1.3. Support and Maintenance

8.1.3.1. Market Revenue and Forecast

Chapter 9. Global Internet of Things (IoT) in Energy Market, By Application Type

9.1. Internet of Things (IoT) in Energy Market, by Application Type

9.1.1. Oil and Gas

9.1.1.1. Market Revenue and Forecast

9.1.2. Coal Mining

9.1.2.1. Market Revenue and Forecast

9.1.3. Smart Grid

9.1.3.1. Market Revenue and Forecast

Chapter 10. Global Internet of Things (IoT) in Energy Market, By Network Technology

10.1. Internet of Things (IoT) in Energy Market, by Network Technology Type

10.1.1. Cellular Network

10.1.1.1. Market Revenue and Forecast

10.1.2. Satellite Network

10.1.2.1. Market Revenue and Forecast

10.1.3. Radio Network

10.1.3.1. Market Revenue and Forecast

10.1.4. Others

10.1.4.1. Market Revenue and Forecast

Chapter 11. Global Internet of Things (IoT) in Energy Market, By Solution Type

11.1. Internet of Things (IoT) in Energy Market, by Solution Type

11.1.1. Asset Management

11.1.1.1. Market Revenue and Forecast

11.1.2. Data Management and Analytics

11.1.2.1. Market Revenue and Forecast

11.1.3. SCADA

11.1.3.1. Market Revenue and Forecast

11.1.4. Energy Management

11.1.4.1. Market Revenue and Forecast

11.1.5. Safety

11.1.5.1. Market Revenue and Forecast

11.1.6. Connected Logistics

11.1.6.1. Market Revenue and Forecast

11.1.7. Compliance and Risk Management

11.1.7.1. Market Revenue and Forecast

11.1.8. Mobile Workforce Management

11.1.8.1. Market Revenue and Forecast

11.1.9. Network Management

11.1.9.1. Market Revenue and Forecast

Chapter 12. Global Internet of Things (IoT) in Energy Market, By Component Type

12.1. Internet of Things (IoT) in Energy Market, by Component

12.1.1. Platform

12.1.1.1. Market Revenue and Forecast

12.1.2. Solutions

12.1.2.1. Market Revenue and Forecast

12.1.3. Services

12.1.3.1. Market Revenue and Forecast

Chapter 13. Global Internet of Things (IoT) in Energy  Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Forecast, by Service

13.1.2. Market Revenue and Forecast, by Application

13.1.3. Market Revenue and Forecast, by Network Technology

13.1.4. Market Revenue and Forecast, by Solution

13.1.5. Market Revenue and Forecast, by Component

13.1.6. U.S.

13.1.6.1. Market Revenue and Forecast, by Service

13.1.6.2. Market Revenue and Forecast, by Application

13.1.6.3. Market Revenue and Forecast, by Network Technology

13.1.6.4. Market Revenue and Forecast, by Solution

13.1.7. Market Revenue and Forecast, by Component  

13.1.8. Rest of North America

13.1.8.1. Market Revenue and Forecast, by Service

13.1.8.2. Market Revenue and Forecast, by Application

13.1.8.3. Market Revenue and Forecast, by Network Technology

13.1.8.4. Market Revenue and Forecast, by Solution

13.1.8.5. Market Revenue and Forecast, by Component

13.2. Europe

13.2.1. Market Revenue and Forecast, by Service

13.2.2. Market Revenue and Forecast, by Application

13.2.3. Market Revenue and Forecast, by Network Technology

13.2.4. Market Revenue and Forecast, by Solution  

13.2.5. Market Revenue and Forecast, by Component  

13.2.6. UK

13.2.6.1. Market Revenue and Forecast, by Service

13.2.6.2. Market Revenue and Forecast, by Application

13.2.6.3. Market Revenue and Forecast, by Network Technology

13.2.7. Market Revenue and Forecast, by Solution  

13.2.8. Market Revenue and Forecast, by Component  

13.2.9. Germany

13.2.9.1. Market Revenue and Forecast, by Service

13.2.9.2. Market Revenue and Forecast, by Application

13.2.9.3. Market Revenue and Forecast, by Network Technology

13.2.10. Market Revenue and Forecast, by Solution

13.2.11. Market Revenue and Forecast, by Component

13.2.12. France

13.2.12.1. Market Revenue and Forecast, by Service

13.2.12.2. Market Revenue and Forecast, by Application

13.2.12.3. Market Revenue and Forecast, by Network Technology

13.2.12.4. Market Revenue and Forecast, by Solution

13.2.13. Market Revenue and Forecast, by Component

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Forecast, by Service

13.2.14.2. Market Revenue and Forecast, by Application

13.2.14.3. Market Revenue and Forecast, by Network Technology

13.2.14.4. Market Revenue and Forecast, by Solution

13.2.15. Market Revenue and Forecast, by Component

13.3. APAC

13.3.1. Market Revenue and Forecast, by Service

13.3.2. Market Revenue and Forecast, by Application

13.3.3. Market Revenue and Forecast, by Network Technology

13.3.4. Market Revenue and Forecast, by Solution

13.3.5. Market Revenue and Forecast, by Component

13.3.6. India

13.3.6.1. Market Revenue and Forecast, by Service

13.3.6.2. Market Revenue and Forecast, by Application

13.3.6.3. Market Revenue and Forecast, by Network Technology

13.3.6.4. Market Revenue and Forecast, by Solution

13.3.7. Market Revenue and Forecast, by Component

13.3.8. China

13.3.8.1. Market Revenue and Forecast, by Service

13.3.8.2. Market Revenue and Forecast, by Application

13.3.8.3. Market Revenue and Forecast, by Network Technology

13.3.8.4. Market Revenue and Forecast, by Solution

13.3.9. Market Revenue and Forecast, by Component

13.3.10. Japan

13.3.10.1. Market Revenue and Forecast, by Service

13.3.10.2. Market Revenue and Forecast, by Application

13.3.10.3. Market Revenue and Forecast, by Network Technology

13.3.10.4. Market Revenue and Forecast, by Solution

13.3.10.5. Market Revenue and Forecast, by Component

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Forecast, by Service

13.3.11.2. Market Revenue and Forecast, by Application

13.3.11.3. Market Revenue and Forecast, by Network Technology

13.3.11.4. Market Revenue and Forecast, by Solution

13.3.11.5. Market Revenue and Forecast, by Component

13.4. MEA

13.4.1. Market Revenue and Forecast, by Service

13.4.2. Market Revenue and Forecast, by Application

13.4.3. Market Revenue and Forecast, by Network Technology

13.4.4. Market Revenue and Forecast, by Solution

13.4.5. Market Revenue and Forecast, by Component

13.4.6. GCC

13.4.6.1. Market Revenue and Forecast, by Service

13.4.6.2. Market Revenue and Forecast, by Application

13.4.6.3. Market Revenue and Forecast, by Network Technology

13.4.6.4. Market Revenue and Forecast, by Solution

13.4.7. Market Revenue and Forecast, by Component

13.4.8. North Africa

13.4.8.1. Market Revenue and Forecast, by Service

13.4.8.2. Market Revenue and Forecast, by Application

13.4.8.3. Market Revenue and Forecast, by Network Technology

13.4.8.4. Market Revenue and Forecast, by Solution

13.4.9. Market Revenue and Forecast, by Component

13.4.10. South Africa

13.4.10.1. Market Revenue and Forecast, by Service

13.4.10.2. Market Revenue and Forecast, by Application

13.4.10.3. Market Revenue and Forecast, by Network Technology

13.4.10.4. Market Revenue and Forecast, by Solution

13.4.10.5. Market Revenue and Forecast, by Component

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Forecast, by Service

13.4.11.2. Market Revenue and Forecast, by Application

13.4.11.3. Market Revenue and Forecast, by Network Technology

13.4.11.4. Market Revenue and Forecast, by Solution

13.4.11.5. Market Revenue and Forecast, by Component

13.5. Latin America

13.5.1. Market Revenue and Forecast, by Service

13.5.2. Market Revenue and Forecast, by Application

13.5.3. Market Revenue and Forecast, by Network Technology

13.5.4. Market Revenue and Forecast, by Solution

13.5.5. Market Revenue and Forecast, by Component

13.5.6. Brazil

13.5.6.1. Market Revenue and Forecast, by Service

13.5.6.2. Market Revenue and Forecast, by Application

13.5.6.3. Market Revenue and Forecast, by Network Technology

13.5.6.4. Market Revenue and Forecast, by Solution

13.5.7. Market Revenue and Forecast, by Component

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Forecast, by Service

13.5.8.2. Market Revenue and Forecast, by Application

13.5.8.3. Market Revenue and Forecast, by Network Technology

13.5.8.4. Market Revenue and Forecast, by Solution

13.5.8.5. Market Revenue and Forecast, by Component

Chapter 14. Company Profiles

14.1. Cisco Systems

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. AGT International

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Altair Engineering

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. HCL Technologies

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Infosys

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. Davra Networks

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. Wind River

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. IBM Corporation

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. Siemens

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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Frequently Asked Questions

The global internet of things (IoT) in energy market size was reached at USD 30.21 billion in 2024 and is anticipated to rake around USD 111.41 billion by 2034.

The global internet of things (IoT) in energy market is expected to grow at a CAGR of 13.94% from 2025 to 2034.

The major players operating in the internet of things (IoT) in energy market are Cisco Systems, AGT International, Altair Engineering, HCL Technologies, Rockwell Automation, Infosys, Davra Networks, Wind River, IBM Corporation, and Siemens.

The rising government initiatives and continual efforts for the deployment of advanced and innovative technologies such as internet of things (IoT) in the energy sector are driving the worldwide internet of things (IoT) in energy market to new heights.

North America region will lead the internet of things (IoT) in energy market in the forecast period.

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