IoT in Utilities Market Skyrockets to $94.8 Billion by 2031 Dominated by Tech Giants – IBM, Cisco, Huawei Technologies and Itron Inc | The Insight Partners
GlobeNewswire·2025-01-30 19:03
The IoT in Utilities Market Increasing adoption of IoT devices, increasing resilience in smart manufacturing, and rapid digitization across various industries are the major factors driving the IoT industry.US & Canada, Jan. 30, 2025 (GLOBE NEWSWIRE) -- According to a new comprehensive report from The Insight Partners, The global IoT in utilities market was valued at $47.1 billion in 2024 and is projected to reach $94.8 billion by 2031; it is expected to register market growth with a CAGR of 10.5% during 202 ...