IoT Energy Market Size, Global Industry Share Forecast, Trends, Growth Drivers & Opportunities
The global Internet of Things (IoT) in Energy Market size is expected to grow from USD 20.2 billion in 2020 to USD 35.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 11.8% during the forecast period, according to research report by MarketsandMarkets™
Major factors expected to drive the growth of the IoT in energy market include IoT in energy boost business productivity, advantage of IoT-based agile systems, rising instances of cyberattacks, and enhancing the health and safety of employees.
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