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The Energy IoT market is a rapidly growing sector within the Energy and Natural Resources industry. It is focused on the development of Internet of Things (IoT) solutions for the energy sector, such as smart meters, smart grids, and energy management systems. These solutions enable energy companies to monitor and control energy usage, reduce energy costs, and improve energy efficiency. Additionally, they can be used to improve customer service, reduce energy waste, and increase the reliability of energy supply.
The Energy IoT market is driven by the increasing demand for energy efficiency, the need for better energy management, and the growing adoption of smart technologies. It is also being driven by the increasing availability of data and the need for better analytics.
Some of the major players in the Energy IoT market include ABB, Siemens, Schneider Electric, Honeywell, IBM, and General Electric. Show Less Read more