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  • Probiotics in Animal Feed Market Size 2025 Top Companies, Trend Analysis, Current Growth, Business Strategy and Forecast 2032

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    IoT telecom advances: Cellular (including NB-IoT), satellite, and private 5G networks are enabling robust connectivity.

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    The U.S. IoT-in-energy market was estimated at USD 8.4 billion in 2024, projected to reach USD 31.5 billion by 2034 (CAGR ~14.2%) 

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    Support for data center growth: Driven by AI-led electricity demand, utilities are expanding IoT infrastructure to maintain reliability in data-center hotspots

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    3. Cisco – Offers industrial IoT network infrastructure used by energy providers for secure, edge-to-cloud connectivity 

    4. Honeywell – Combines IoT, AI, and 5G in their Forge.AI platform, supporting energy asset monitoring globally, including utility pilots in India and North America 

    5. Itron – A leader in smart meters and AMI solutions, integrating IoT with demand-response tools used by utilities worldwide 

    Other major players include Schneider Electric, ABB, GE, Oracle, and Rockwell Automation—spanning hardware, analytics, connectivity, and security offerings 

    Regional Analysis: USA, UK, Germany, France, Japan, China
    United States (~37% global IoT energy share): Leading grid modernization efforts, regulatory backing, and investments in pilot programs and data-center grid resilience .

    UK & Europe (Germany, France): Benefit from the Energy Independence and Security Act, FERC mandates, and EU-level carbon compliance—leading to high IoT adoption in smart grids and renewables 

    China: Strong APAC IoT-in-energy growth (~36% share) due to focus on smart meter deployment, DER integration, and 5G connectivity 

    Japan: IoT use is rising in commercial buildings and microgrid pilot programs as part of national energy efficiency goals.

    Conclusion
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    Probiotics in Animal Feed Market Size 2025 Top Companies, Trend Analysis, Current Growth, Business Strategy and Forecast 2032 Internet of Things (IoT) in the Energy Market was valued at approximately USD 26.7 billion in 2023, and is expected to grow to USD 75.0 billion by 2032, registering a CAGR of ~12.2% from 2024 to 2032 These numbers reflect the accelerating integration of connected thermostats, sensors, and AI-driven analytics across utilities, renewables, and industrial energy applications. Request Free Sample Report:https://www.stellarmr.com/report/req_sample/Internet-of-Things--IoT--in-the-Energy-Market/400 Market Estimation, Growth Drivers & Opportunities IoT solutions include smart meters, sensor networks, platforms, analytics software, and cybersecurity services—deployed in smart grids, oil & gas, digital oilfields, coal mining, and more  Key growth drivers: Smart-grid modernization: Utilities worldwide are deploying real-time fault detection, automated meter management, and demand response systems  AI/ML integration: Embedded cognitive tools now enable predictive maintenance and proactive grid operations . Renewables & DER integration: IoT is vital for managing distributed energy resources and enhancing grid flexibility Cybersecurity demands: Rising cyber threats have increased investment in IoT security, a fast-growing subsegment IoT telecom advances: Cellular (including NB-IoT), satellite, and private 5G networks are enabling robust connectivity. Opportunities lie in deploying IoT in EV charging networks, behind-the-meter systems, virtual power plants, decarbonized transmission infrastructure, and emissions monitoring platforms. U.S. Market: Trends & Investment The U.S. IoT-in-energy market was estimated at USD 8.4 billion in 2024, projected to reach USD 31.5 billion by 2034 (CAGR ~14.2%)  Key developments: Grid resilience initiatives: Federal and state pilot programs are supporting IoT-enabled substation upgrades and DER integration . AI-powered grid modernization: Utilities like Duke Energy are piloting predictive analytics with IoT sensors to identify transformer faults and reduce outages  Private sector tech investment: BP Energy Partners recently backed Smart Wires with USD 65 million to deploy IoT-enabled power-flow control for utilities in the U.S. and UK. Support for data center growth: Driven by AI-led electricity demand, utilities are expanding IoT infrastructure to maintain reliability in data-center hotspots Market Segmentation: Leading Segments By Application: Smart grid leads with ~38–39% share in 2024, driven by real-time monitoring and grid-edge intelligence. Oil & gas and coal mining are significant sectors, with IoT used for asset health and operational safety  By Component: Hardware platforms accounted for ~41% spending in 2024. Security services are the fastest-growing software subsegment (CAGR ~17.9%). By Connectivity: Cellular/NB-IoT dominates current network deployments, while private 5G and satellite connectivity are gaining traction  By Deployment: On-premise systems remain essential for utilities requiring high security. Cloud-based platforms are the fastest-growing model, offering scalability and AI analytics Competitive Analysis: Top 5 Companies 1. 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