The Global Internet of Energy (IoE) Industry to grow at a significant CAGR of 21.05% during the forecast period from 2019 to 2024. The market growth is expected to be driven by the rising concern for energy efficiency, growing market penetration of decentralized power generation, as well as the need to prevent cyber-attacks.
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The increasing demand for energy efficiency across the globe has propelled the need for Internet of Energy. Moreover, there is an increased concern for decentralized power generators in the electricity distribution supply chain to reduce the electricity demand. The growth of the market is likely to be encouraged by increasing cyber-attacks on the communication infrastructure, leading to the loss of energy.
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Key Questions Answered in this Report:
- What is the global Internet of Energy market size in terms of revenue from 2018-2024, and what is the expected growth rate during the forecast period 2019-2024?
- What is the revenue generated by Internet of Energy solutions in both the power and oil & gas industry?
- What is the revenue generated by Internet of Energy solutions in different power industry streams such as generation, transmission, and distribution?
- What is the revenue generated by Internet of Energy solutions in different oil & gas industry streams such as upstream, midstream, and downstream?
- What is the revenue generated by Internet of Energy solutions in different applications of power and oil & gas industry?
- What is the market size and opportunities of Internet of Energy across different regions?
- What are the major driving forces that are expected to increase the demand for the global Internet of Energy market during the forecast period?
- What are the key trends and opportunities in the market pertaining to Internet of Energy?
- What are the major challenges inhibiting the growth of the global Internet of Energy market?
- Which are the major stakeholders in terms of their contribution and impact in the Internet of Energy ecosystem?
- What kind of new strategies are adopted by the existing market players to expand their market position in the industry?
- What is the competitive strength of the key players in the Internet of Energy market on the basis of analysis of their recent developments, product offerings, and regional presence?
- What is the regulatory landscape in different regions for Internet of Energy?
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