Internet of Things (IoT) in Energy Market Size, Share & Trends Analysis Report By Component, By Network Technology, By Application, By Region And Segment Forecasts 2026 – 2035

Internet of Things (IoT) in energy refers to connected devices and systems that enable real-time monitoring, automation, and optimization of energy production, distribution, and consumption using sensors, networks, and analytics.

Key factors include smart grid adoption, renewable energy integration, advancements in AI and 5G, government sustainability initiatives, and rising demand for energy efficiency.

The market is projected to grow from USD 129.82 billion in 2026 to USD 878.94 billion by 2035.

The CAGR is expected to be 23.68% from 2026 to 2035.

North America will contribute notably, holding around 37% of the market value due to advanced infrastructure and IoT investments.

Major players include Siemens AG, General Electric (GE), Cisco Systems, Inc., ABB Ltd., Honeywell International Inc., IBM Corporation, Schneider Electric SE, and Intel Corporation.

The report provides comprehensive analysis including market size, trends, segmentation, regional insights, key players, growth drivers, restraints, opportunities, challenges, and forecasts from 2026 to 2035.

The value chain includes device manufacturing, software development, network integration, data analytics, deployment services, and ongoing maintenance and optimization.

Trends are shifting toward AI integration, 5G connectivity, and sustainability, while preferences favor efficient, secure systems for renewable energy and smart grids.

Regulations on carbon emissions and data privacy, along with environmental pushes for renewables, promote IoT adoption for efficiency and compliance.