Market by Connectivity, Component, End-user, and Country Outlook | Forecast 2022-2028
A
study by Triton Market Research shows that the IoT in energy & utility
application market in the Middle East and Africa will develop with a CAGR of 12.55% in the forecast duration
2022-2028.
Report scope can be customized per your requirements. Request For CustomizationÂ
The countries studied in this
market include:
•        The United Arab Emirates
•        Saudi Arabia
•        South Africa
•        Turkey
•        Rest of Middle East & Africa
There
is a wide-scale use of IoT for energy and utility applications in the Middle
East and Africa. Oil rig analysis for thousands of data points & sensors for
efficiency gains, hazardous analysis of nuclear facilities, and remote solar
panel monitoring & maintenance are particularly performed in the oil &
gas fields in the region.
In
South Africa, the manufacturing sector is already leveraging IoT technology to
streamline capacities and efficiencies. This puts the nation ahead of the curve
in terms of adoption of emerging technologies to manage operations and reduce
costs.
Industries
are most likely to continue relying on IoT and artificial intelligence
algorithms to provide value by means of data aggregation and analytics.
Further, consumer-facing IoT-based apps and smart home devices are gaining
popularity. Also, municipalities are embracing this technology for intelligent
transportation and public safety benefits. All these factors showcase a
positive outlook for the market in South Africa.
In
Dubai, the government’s latest goal is to transform the whole emirate into
smart city bodes. For this, it has initiated a project that involves using
smart sensors and devices in three tracks: Smart Economy, Smart Tourism, and
Smart Life. Smart Life deals with communications, health, transportation,
education, public utilities, and energy services. As such smart projects having
energy and utility applications are built using IoT, these developments are
beneficial for the studied market’s growth in the UAE.
The
use of IoT-based sensor networks for extracting and processing oil and gas aids
in maintaining supply chain control and responding quickly to changes. Sensor
technology can be used to assess pipe pressure, inspect machines, supervise
drilling operations, and detect leaks. The fast speed with which issues are
resolved using IoT in these applications frequently leads to billions of
dollars in savings in the overall sector.
The
studied report assesses the market’s growth according to end-user, component, and
connectivity. Here, the end-user segment comprises
oil & gas, utility gas management, electricity grid & supply
management, mining, and water management.
The eminent companies in the IoT in
energy & utility application market include General Electric Company, Cisco
Systems Inc, SAS Institute, Capgemini SE, SAP SE, Siemens, Eaton Corporation
Plc, and Teradata Corporation.
SAS
Institute is a company providing business analytics software and services. It also
offers IoT solutions, AI solutions, advanced analytics, supply chain
intelligence, and other solutions. SAS caters to numerous industries, including
oil and gas, manufacturing, and utilities, among others. The company has a
notable presence in the Middle East and Africa.
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Key deliverables of the report:
·     Â
Market
CAGR during the forecasting years 2022-2028
·     Â
Detailed
data highlighting key insights, industry components, and market strategies
·    Comprehensive
information and estimation of the IoT in energy & utility application
market revenue growth in the Middle East and Africa and its influence on the parent
market
·     Â
In-depth
study of forthcoming trends in consumer behavioral patterns
·     Â
A
meticulous analysis of the competitive landscape, vendor scorecard, and
Porter’s Five Forces Analysis
·   A
wide-ranging study of factors that will challenge the Middle East and Africa IoT
in energy & utility application market’s growth during the upcoming years
Want
to get specific insights? Our team of analysts can customize this report based
on your preferences. Connect with us here.Â
Market by Technology (Data ana ..
VIEW REPORT1. MIDDLE
EAST AND AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON IOT IN THE ENERGY & UTILITY APPLICATION MARKET
2.2. KEY
INSIGHTS
2.2.1. INCREASING
ECONOMIC VALUE OF IOT
2.2.2. INCREASE
IN MICROGRIDS CONTROL SYSTEM USE
2.2.3. SIGNIFICANT
INVESTMENTS IN RESEARCH & DEVELOPMENT ACTIVITIES
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. KEY
IMPACT ANALYSIS
2.4.1. MODE
OF DEPLOYMENT
2.4.2. PRICE
2.4.3. APPLICATION
2.5. MARKET
ATTRACTIVENESS INDEX
2.6. VENDOR
SCORECARD
2.7. INDUSTRY
COMPONENTS
2.8. KEY
MARKET STRATEGIES
2.8.1. ACQUISITIONS
2.8.2. PRODUCT
LAUNCHES
2.8.3. PARTNERSHIPS
2.9. MARKET
DRIVERS
2.9.1. EMPHASIS
ON A GREENER ENVIRONMENT SURGING DEMAND FOR ENERGY AND UTILITY ANALYTICS
2.9.2. INCREASING
CONSUMPTION AND DEMAND FOR ENERGY GENERATION
2.9.3. GROWING
CONSUMER FOCUS ON ENERGY CONSUMPTION PATTERN ANALYSIS
2.9.4. DECLINE
IN PRICES OF IOT COMPONENTS AND AVAILABILITY OF NEXT-GENERATION SENSORS
2.9.5. IMPROVEMENT
IN THE OIL & GAS INDUSTRY OPERATIONS
2.9.6. DEMAND
FOR AUTOMATION TOOLS IN ENERGY MANAGEMENT
2.10. MARKET
CHALLENGES
2.10.1. SECURITY
CONCERNS
2.10.2. NEED
FOR HIGH CAPITAL INVESTMENT FOR DEPLOYMENT
2.10.3. LACK
OF SKILLED EMPLOYEES
2.10.4. IOT
INTEGRATION WITH SUBSYSTEMS
2.11. MARKET
OPPORTUNITIES
2.11.1. NEED
FOR REAL-TIME MONITORING SYSTEMS IN THE MINING & PETROLEUM INDUSTRIES
2.11.2. RISING
ADOPTION OF CLOUD TECHNOLOGY IN UTILITY & ENERGY ANALYTICS
2.11.3. INCREASING
SHARE OF RENEWABLE ENERGY SECTOR IN ELECTRICITY GENERATION
3. MIDDLE
EAST AND AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET OUTLOOK - BY
CONNECTIVITY
3.1. NON-CELLULAR
3.2. CELLULAR
4. MIDDLE
EAST AND AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET OUTLOOK - BY
COMPONENT
4.1. HARDWARE
4.1.1. DEVICES
4.1.2. SENSORS
4.1.3. OTHER
HARDWARE COMPONENTS
4.2. SERVICES
4.2.1. DEPLOYMENT
& INTEGRATION
4.2.2. SUPPORT
AND MAINTENANCE
4.2.3. PROFESSIONAL
SERVICES
4.3. SOFTWARE
4.3.1. OPERATIONAL
CONTROL
4.3.2. ANALYTICS
4.3.3. SECURITY
4.3.4. GRID
MANAGEMENT
4.3.5. WATER
MANAGEMENT
5. MIDDLE
EAST AND AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET OUTLOOK - BY
END-USER
5.1. OIL
& GAS
5.2. UTILITY
GAS MANAGEMENT
5.3. ELECTRICITY
GRID & SUPPLY MANAGEMENT
5.4. MINING
5.5. WATER
MANAGEMENT
6. MIDDLE
EAST AND AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET – COUNTRY
OUTLOOK
6.1. UNITED
ARAB EMIRATES
6.2. SAUDI
ARABIA
6.3. TURKEY
6.4. SOUTH
AFRICA
6.5. REST
OF MIDDLE EAST & AFRICA
7. COMPETITIVE
LANDSCAPE
7.1. ACLARA
TECHNOLOGIES LLC
7.2. CAPGEMINI
SE
7.3. ABB
LTD
7.4. IBM
7.5. GENERAL
ELECTRIC COMPANY
7.6. SAS
INSTITUTE
7.7. SIEMENS
7.8. SAP
SE
7.9. SCHNEIDER
ELECTRIC
7.10. BUILDINGIQ
INC
7.11. TERADATA
CORPORATION
7.12. CISCO
SYSTEMS INC
7.13. INFOSYS
LTD
7.14. WIPRO
LTD
7.15. EATON
CORPORATION PLC
7.16. ORACLE
CORPORATION
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY COUNTRY, 2022-2028
(IN $ MILLION)
TABLE 2: VENDOR
SCORECARD
TABLE 3: LIST OF
ACQUISITIONS
TABLE 4: LIST OF
PRODUCT LAUNCHES
TABLE 5: LIST OF
PARTNERSHIPS
TABLE 6: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY CONNECTIVITY,
2022-2028 (IN $ MILLION)
TABLE 7: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY COMPONENT, 2022-2028
(IN $ MILLION)
TABLE 8: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY HARDWARE, 2022-2028
(IN $ MILLION)
TABLE 9: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY SERVICES, 2022-2028
(IN $ MILLION)
TABLE 10: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY SOFTWARE, 2022-2028
(IN $ MILLION)
TABLE 11: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY END-USER, 2022-2028
(IN $ MILLION)
TABLE 12: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY COUNTRY, 2022-2028
(IN $ MILLION)
FIGURE 1: KEY BUYING
IMPACT ANALYSIS
FIGURE 2: MARKET
ATTRACTIVENESS INDEX
FIGURE 3: INDUSTRY
COMPONENTS
FIGURE 4: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, CONNECTIVITY OUTLOOK,
2021 & 2028 (IN %)
FIGURE 5: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY NON-CELLULAR,
2022-2028 (IN $ MILLION)
FIGURE 6: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY CELLULAR, 2022-2028
(IN $ MILLION)
FIGURE 7: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, COMPONENT OUTLOOK, 2021
& 2028 (IN %)
FIGURE 8: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY HARDWARE, 2022-2028
(IN $ MILLION)
FIGURE 9: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, HARDWARE OUTLOOK, 2021
& 2028 (IN %)
FIGURE 10: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY DEVICES, 2022-2028
(IN $ MILLION)
FIGURE 11: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY SENSORS, 2022-2028
(IN $ MILLION)
FIGURE 12: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY OTHER HARDWARE
COMPONENTS, 2022-2028 (IN $ MILLION)
FIGURE 13: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY SERVICES, 2022-2028
(IN $ MILLION)
FIGURE 14: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, SERVICES OUTLOOK, 2021
& 2028 (IN %)
FIGURE 15: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY DEPLOYMENT &
INTEGRATION, 2022-2028 (IN $ MILLION)
FIGURE 16: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY SUPPORT &
MAINTENANCE, 2022-2028 (IN $ MILLION)
FIGURE 17: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY PROFESSIONAL
SERVICES, 2022-2028 (IN $ MILLION)
FIGURE 18: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY SOFTWARE, 2022-2028
(IN $ MILLION)
FIGURE 19: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, SOFTWARE OUTLOOK, 2021
& 2028 (IN %)
FIGURE 20: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY OPERATIONAL CONTROL,
2022-2028 (IN $ MILLION)
FIGURE 21: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY ANALYTICS, 2022-2028
(IN $ MILLION)
FIGURE 22: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY SECURITY, 2022-2028
(IN $ MILLION)
FIGURE 23: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY GRID MANAGEMENT,
2022-2028 (IN $ MILLION)
FIGURE 24: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY WATER MANAGEMENT,
2022-2028 (IN $ MILLION)
FIGURE 25: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, END-USER OUTLOOK, 2021
& 2028 (IN %)
FIGURE 26: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY OIL & GAS, 2022-2028
(IN $ MILLION)
FIGURE 27: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY UTILITY GAS
MANAGEMENT, 2022-2028 (IN $ MILLION)
FIGURE 28: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY ELECTRICITY GRID
& SUPPLY MANAGEMENT, 2022-2028 (IN $ MILLION)
FIGURE 29: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY MINING, 2022-2028 (IN
$ MILLION)
FIGURE 30: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, BY WATER MANAGEMENT,
2022-2028 (IN $ MILLION)
FIGURE 31: MIDDLE EAST AND
AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET, REGIONAL OUTLOOK, 2021
& 2028 (IN %)
FIGURE 32: UNITED ARAB
EMIRATES IOT IN ENERGY & UTILITY APPLICATION MARKET 2022-2028 (IN $
MILLION)
FIGURE 33: SAUDI ARABIA
IOT IN ENERGY & UTILITY APPLICATION MARKET 2022-2028 (IN $ MILLION)
FIGURE 34: TURKEY IOT
IN ENERGY & UTILITY APPLICATION MARKET 2022-2028 (IN $ MILLION)
FIGURE 35: SOUTH AFRICA
IOT IN ENERGY & UTILITY APPLICATION MARKET 2022-2028 (IN $ MILLION)
FIGURE 36: REST OF
MIDDLE EAST & AFRICA IOT IN ENERGY & UTILITY APPLICATION MARKET
2022-2028 (IN $ MILLION)