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Market Insights on IoT for Utilities
Most successful IoT use cases and companies
Facts About 1NCE Utility Customers
Represent 20% of 1NCE customer base
Projects across 95 countries
336 large deployments
Typical deployment size 10-50k
Facts About 1NCE Utility Customers
Represent 20% of 1NCE customer base
Projects across 95 countries
336 large deployments
Typical deployment size 10-50k
The utility industry is a heavy weight in the IoT. According to the analyst company IDC utility companies contributed a market share of 9,4% of the total IoT market in 2023. As energy costs continue to rise globally, there is a high interest of users, providers and legal institutions to drive smart metering projects to cut down costs for meter reading services but also enable new digital services. Additionally, new market developments around micro-generation, renewable energies, and smart cities drive innovations across the sector.
With 20%, unsurprisingly utility customers mark the biggest share of the 1NCE customer base that totals 24,000 so far. We support gas providers, water supply companies and electricity providers in Italy, Netherlands, Great Britain, Germany, Belgium, USA, Japan, France, Sweden, Spain already today. In total we manage IoT projects for utilities in more than 95 countries worldwide.
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IoT Use Cases within Utilities
Smart utility systems enhance electricity, water, gas and other energy distribution planning, offering real-time monitoring and control for more efficient operations. Find out more about specific use cases below.
Customer Stories
From improved service to sustainable resource management, customers share their experiences when adopting IoT technologies:
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