Internet of Things in Energy Market
However , strict regulations on the workers regarding safety and asset in the energy sector may drive the global market in the near future . Moreover , the emergence of the next generation sensors is expected to fuel the global market growth . Conversely , lack of skilled workers may hinder the global internet of things market growth in the next few years .
Global Internet of Things in Energy Market : Segmentation
The global internet of things in the energy market is categorized based on network technologies , applications , systems and solutions , and regions . Based on the network technologies , the global market is bifurcated as radio , cellular , satellite , and others . The applications segment is further segmented as mining , and oil & gas . Moreover , based on systems and solutions , the global internet of things in the energy market is further classified as energy analytic , predictive maintenance , compliance and risk management , field surveillance and monitoring , intelligent energy management , platform , mobile workforce management , security , and connected logistic . Furthermore , the global market is fragmented on the basis of geography as North America , Europe , Asia-Pacific , Latin America , and the Middle East & Africa .
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Global Internet of Things in Energy Market : Regional Analysis
North America is expanding its market owing to technological advancements . It contributes for the largest share in the global internet of things market . The increasing use of the internet of things in the energy industries may fuel the global market growth .