IoT in Energy Market to Reach USD 44.79 Billion by 2028, Driven by Strategic Industry Expansion
Market Overview and Growth Outlook
The global IoT in energy market is projected to increase from USD 20.57 billion in 2021 to USD 44.79 billion by 2028. The market is forecast to expand at an 11.8% CAGR during 2022-2028. The growth trajectory reflects rising demand for energy security solutions, stronger operational capacity, lower energy consumption, and improved energy services across the...