© 2016 Global Market Insights, Inc. USA. All Rights Reserved IoT Utilities Market to cross $15 Bn by 2024: Global Market Insights, Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Players operating in the IoT Utilities Market include Microsoft Corporation, Intel Corporation, Cisco Systems Inc., IBM Corporation and Huawei Technologies Co. Ltd. General Electric, Trilliant Inc., Osisoft LLC and Honeywell International Inc. are among the other prominent industry players  The increasing need to enhance the operational efficiency in the utility sector is expected to boost the IoT utilities market growth. Increasing concerns to make the most effective use of energy in order to reduce the ever-increasing energy need contributes to the growth.  The potential of IoT in the utility sector is huge owing to the benefits provided by these solutions such as gaining real-time visibility into every process in the facility. Key Insights from IoT Utilities Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  The differentiating factor of IoT Utilities Market report by Global Market Insights, Inc. when compared with other, similar syndicated research studies includes a 360- degree synopsis of trends for a period of more than 10 years including historic information as well as future outlook.  Government initiatives for implement smart grid in countries such as India and China is expected to propel the IoT utilities market growth. The smart grid initiatives by Indian MNCs such as Crompton Greaves, North Delhi Power Limited lies lucrative growth opportunities.  Smart grids can transform an electric power grid using IoT by integrating the devices, processes and the energy infrastructure into a more connected and collaborative process. It enables the generated energy to get distributed and consumed in a more efficient and timely manner resulting in enhanced reliability and security to the users. Continued...

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved UK IoT utilities market, by application, 2016 & 2024 (USD Million)

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Microsoft Corporation Intel Corporation Cisco Systems Inc. IBM Corporation Huawei Technologies Co. Ltd. General Electric Trilliant Inc. Osisoft LLC Honeywell International Inc. Major Companies in IoT Utilities Market:

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Asia Pacific IoT utilities market is expected to witness huge adoption owing to the rising demand for smart metering solutions and efforts to promote smart buildings & cities. The potential of smart meters to significantly reduce cost by improved outage management & easier payments and enhanced customer service are enabling huge growth opportunities in the region. Moreover, the rising use cases coupled with the presence of large number of gas & electricity production facilities and heavy investments to improve the energy infrastructure in the region is fueling the IoT utilities market growth.  Increased demand for smart solutions in the energy sector in the U.S. will continue to bring demand for advanced solutions driving the growth. Moreover, advanced infrastructure of the country is increasing the demand for cloud solutions, which will further fuel consumption. Regional Insights in IoT Utilities Market:

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