The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
iot in utilities market projected to reach 94.8 billion by 2031
The IoT in utilities market is projected to grow from $47.1 billion in 2024 to $94.8 billion by 2031, driven by smart grid deployment and urbanization. Key players like IBM, Cisco, and Itron are innovating through partnerships and technology integration to enhance operational efficiency and sustainability in utility services.
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