Table of Contents

1 Introduction 3

2 Challenges impacting O&G companies in IoT deployment 4

3 Market Dynamics 8

• 3.1 Demand side trends 8
• 3.2 Supply side trends 13

4 IoT investment priorities in the energy sector 19

5 Market size and forecast 21

• 5.1 Geographic breakdown (based on IoT device revenues) 21
• 5.2 Connectivity breakdown (based on IoT device revenues) 23
• 5.3 Application breakdown (based on IoT device revenues) 24
• 5.4 Geographic breakdown (based on IoT software and service revenues) 25
• 5.5 Application breakdown (based on IoT software and service revenues) 27

6 Recommendations for ICT vendors 28

7 Future outlook 29

• 7.1 Digital oilfields and connected workforce are the future of IoT in the energy sector 29

8 Appendix 30

• 8.1 Definitions 30
• 8.2 Further reading 31
• 8.3 Contact the authors 31

Energy Sector: Trends in Internet of Things (IoT) - Drivers, challenges and technology developments

Summary

"Energy Sector: Trends in Internet of Things (IoT)", a vertical focused report by GlobalData, is one of the many products in the digital Industry product portfolio.

Scope

- Brief overview of the technology and its relevance in the verticals.
- Key challenges faced by the industry verticals (energy) pertinent to its technology (Internet of Things) implementation.
- Elaborate overview of supply side and demand side trends affecting the technology growth.
- Overview of the revenue opportunities in the internet of things market for the energy sector through to 2021 - highlighting the market size and growth by technology, geography, sectors, and size band. Moreover, the report also outlines enterprises’ investment priorities in the IoT segment for the energy sector.
- Future recommendation and market opportunities for IoT segment in the energy industry.

Reasons to buy

- It helps the reader to understand the internet of thing (IoT) market landscape in the energy industry, the recent trends, and challenges.
- The most exhaustive and up-to-date report providing revenue opportunity forecasts in the IoT market from 2016 to 2021, spanning four technology segments, six regions, and two size bands.
- Extensive technology growth predictions based on adoption indicators, end-user technology demand, GlobalData’s in-house ICT survey results, and macroeconomic factors.
- The report provides a detailed breakdown of the opportunities within the IoT segment and its sub categories.