The Global Internet of Things in Energy Industry market is valued at USD XX.XX billion in 2016 and is expected to reach a value of USD XX.XX billion by the end of 2022, growing at a projected CAGR of 41% during the forecast period of 2017 - 2022. Machine-2-Machine communication along with data analytics is helping the energy sector to drive efficiency as well as cut down on costs. Increasing demand for energy, as well as privatization of this sector, has fueled the competition and now consumers have a number of choices to meet their energy needs. Internet of Things is helping utility providers and manufacturers to take advantage of information coming through different sources.
Leaders
1 Cisco
2 Carriots
3 Axeda
4 MetraNet
5 Verizon