As per the report published by Allied Market Research, the global internet of things (IoT) in energy market was accounted for $109.19 billion in 2021, and is estimated to garner $703.52 billion by 2031, growing at a CAGR of 20.6% from 2022 to 2031.
Surge in penetration of IoT-based solution in the energy sector and increased adoption of network technologies have boosted the growth...