Global Internet of Things (IoT) in Energy Market

Internet of Things (IoT) in Energy Market Size, Share, Growth Analysis, By Component (Platform, Solutions), By Solution (Asset Management, Safety), By Service (Consulting, Integration and Deployment), By Network Technology, By Application, By Region - Industry Forecast 2026-2033

Report ID: SQMIG45I2199 | Region: Global | Published Date: March, 2025
Pages: 157 |Tables: 89 |Figures: 76

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  • Schineder Electric
  • KSIA - Korea Semiconductor Industry Association
  • Hitachi Astemo Limited
  • Samsung Electronics
  • Halvo holdings
  • NTT corporation
  • AGC Inc
  • Siemens AG
  • Unilever
  • Merck Pharmaceuticals
  • Atlas Copco
  • Hologic - Medical Technology company
  • Novartis
  • Henkel
  • Reckitt
  • Schineder Electric
  • KSIA - Korea Semiconductor Industry Association
  • Hitachi Astemo Limited
  • Samsung Electronics
  • Halvo holdings
  • NTT corporation
  • AGC Inc
  • Siemens AG
  • Unilever
  • Merck Pharmaceuticals
  • Atlas Copco
  • Hologic - Medical Technology company
  • Novartis
  • Henkel
  • Reckitt

    • FAQs

    Internet of Things (IoT) in Energy Market size was valued at USD 35.86 Billion in 2024 and is poised to grow from USD 40.05 Billion in 2025 to USD 97.06 Billion by 2033, growing at a CAGR of 11.7% during the forecast period (2026–2033).

    The global internet of things (IoT) in energy market is expected to be rife with opportunities for leading as well as new companies going forward. Grid modernization programs and initiatives are also slated to slingshot the adoption of IoT devices and technologies around the world. Collaborations between energy and technology companies will be highly essential for sustained internet of things (IoT) in energy market development. Spreading awareness regarding the benefits of IoT adoption in the energy industry will also be a key strategy for all market players in the future. 'People Power Company (United States)', 'Verdigris Technologies (United States) ', 'Cognite AS (Norway) ', 'SensorUp Inc. (Canada) ', 'M-Kopa Solar (Kenya) ', 'Infinitum Electric (United States) ', 'EDF Energy (United Kingdom) ', 'Drax Group (United Kingdom) ', 'British Gas (United Kingdom) ', 'Siemens AG (Germany) ', 'Schneider Electric (France) ', 'ABB Ltd. (Switzerland) ', 'General Electric (United States) ', 'Honeywell International Inc. (United States) ', 'Cisco Systems, Inc. (United States) ', 'IBM Corporation (United States) ', 'Intel Corporation (United States) ', 'SAP SE (Germany) ', 'Oracle Corporation (United States) ', 'Rockwell Automation (United States)'

    Energy demands worldwide are only increasing quickly, which is why energy companies are turning towards multiple solutions to keep up with demand. Use of IoT and other smart technologies allows effective and efficient distribution of energy whilst minimizing losses thereby favoring the internet of things (IoT) in energy market growth.    

    Integration of Blockchain with IoT: Internet of things (IoT) in energy companies can also utilize blockchain technology to offer secure and transparent transactions for energy organizations. This can also offer new opportunities to create a completely decentralized system for energy transactions and infrastructure.

    The advanced technological infrastructure of North American region allows it to top the global internet of things (IoT) in energy market. Moreover, the presence of key IoT technology companies and quick adoption of advanced technologies are also contributing to the high market share of this region. Rising integration of renewable energy sources into the existing energy infrastructure will also provide new opportunities for internet of things (IoT) in energy companies operating in this region. Canada and the United States are the top markets for internet of things (IoT) in energy providers looking to expand their business scope in this region.

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