Energy Sector: Trends in Internet of Things (IoT) - Drivers, challenges and technology developments

Energy Sector: Trends in Internet of Things (IoT) - Drivers, challenges and technology developments


  • Products Id :- GD0106IO
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  • Pages: 33
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Executive Summary

Energy Sector: Trends in Internet of Things (IoT)-Drivers, challenges and technology developments

Summary

"Energy Sector: Trends in Internet of Things (IoT)", a vertical focused report by GlobalData, is one of the many products in the digital Industry product portfolio.

Scope

- Brief overview of the technology and its relevance in the verticals.

- Key challenges faced by the industry verticals (energy) pertinent to its technology (Internet of Things) implementation.

- Elaborate overview of supply side and demand side trends affecting the technology growth.

- Overview of the revenue opportunities in the internet of things market for the energy sector through to 2021-highlighting the market size and growth by technology, geography, sectors, and size band. Moreover, the report also outlines enterprises' investment priorities in the IoT segment for the energy sector.

- Future recommendation and market opportunities for IoT segment in the energy industry.

Reasons to buy

- It helps the reader to understand the internet of thing (IoT) market landscape in the energy industry, the recent trends, and challenges.

- The most exhaustive and up-to-date report providing revenue opportunity forecasts in the IoT market from 2016 to 2021, spanning four technology segments, six regions, and two size bands.

- Extensive technology growth predictions based on adoption indicators, end-user technology demand, GlobalData's in-house ICT survey results, and macroeconomic factors.

- The report provides a detailed breakdown of the opportunities within the IoT segment and its sub categories.



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Table of Contents

1 Introduction 3

2 Challenges impacting O&G companies in IoT deployment 4

3 Market Dynamics 8

3.1 Demand side trends 8

3.2 Supply side trends 13

4 IoT investment priorities in the energy sector 19

5 Market size and forecast 21

5.1 Geographic breakdown (based on IoT device revenues) 21

5.2 Connectivity breakdown (based on IoT device revenues) 23

5.3 Application breakdown (based on IoT device revenues) 24

5.4 Geographic breakdown (based on IoT software and service revenues) 25

5.5 Application breakdown (based on IoT software and service revenues) 27

6 Recommendations for ICT vendors 28

7 Future outlook 29

7.1 Digital oilfields and connected workforce are the future of IoT in the energy sector 29

8 Appendix 30

8.1 Definitions 30

8.2 Further reading 31

8.3 Contact the authors 31

8.4 Contact Us 32

List of Figures

Figure 1: Key challenges impacting O&G industry in deploying IoT solutions 4

Figure 2: IoT-Most significant IoT-related security risks in O&G industry 5

Figure 3: Key demand and supply side trends impacting O&G industry in deploying of IoT solutions 8

Figure 4: Leading O&G companies investment activities in IoT start-ups (2013-2017) 10

Figure 5: IoT-Location of IoT data analysis in the O&G industry 15

Figure 6: IoT-Types of connectivity technologies used by O&G industry 16

Figure 7: IoT-Energy companies' current and future investment priorities 19

Figure 8: Energy sector's IoT device market by region-global market opportunity, in USD millions 21

Figure 9: Energy sector's IoT device market by connectivity-global market opportunity, in USD millions 23

Figure 10: Energy sector's IoT device market by application-global market opportunity, in USD millions 24

Figure 11: Energy sector's IoT software and services market by region-global market opportunity, in USD millions .25

Figure 12: Energy sector's IoT software and services market by applications-global market opportunity, in USD millions 27

List of Tables

Table 1: IoT-Energy companies' current and future investment priorities 20

Table 2: Energy sector's IoT device market by region-global market opportunity, in USD millions 22

Table 3: Energy sector's IoT device market by connectivity-global market opportunity, in USD millions 23

Table 4: Energy sector's IoT device market by application-global market opportunity, in USD millions 24

Table 5: Energy sector's IoT software and services market by region-global market opportunity, in USD millions 25

Table 6: Energy sector's IoT software and services market by applications-global market opportunity, in USD millions 27

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