India IoT in Utilities Market (2025-2031) Outlook | Size, Revenue, Value, Companies, Growth, Trends, Industry, Share, Forecast & Analysis

Market Forecast By Component (Platform, Solutions, Services), By Solution (Asset Monitoring Management, Safety and Security, Supervisiory Control and Data Acquisition (SCADA), Workforce Management, Network Management, Customer Information System (CIS)and Billing System), By Service (Consulting, Integration and Deployment, Support and Maintenance), By Application (Water and Wastewater Management, Utility Gas Management, Electricity Grid Management) And Competitive Landscape
Product Code: ETC4426045 Publication Date: Jul 2023 Updated Date: Aug 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

India IoT in Utilities Market Overview

The Internet of Things (IoT) has transformed the utilities sector in India. IoT-enabled smart meters, grid management systems, and energy-efficient solutions have enhanced the efficiency of utility services. This has enabled better monitoring and control of water, electricity, and gas distribution, leading to reduced wastage and improved sustainability. The market continues to grow as utilities companies adopt IoT technologies to modernize their operations.

Drivers of the Market

The India IoT in Utilities market is growing rapidly due to various drivers. Utilities, including electricity, water, and gas providers, are increasingly adopting IoT solutions to enhance operational efficiency and service delivery. IoT sensors and meters allow for real-time monitoring of infrastructure, reducing maintenance costs and improving resource management. The India government`s focus on smart grid initiatives and water resource management encourages the adoption of IoT in utilities. Additionally, the demand for sustainable and efficient utility services, driven by urbanization and environmental concerns, is a significant factor contributing to the growth of IoT in utilities in India.

Challenges of the Market

Security in railway platforms is a critical concern. The challenges faced in India include the vast scale and complexity of the railway network. Monitoring and securing a massive number of stations and platforms, often in remote areas, is a logistical challenge. Additionally, the need for real-time surveillance and threat detection requires significant investments in technology and personnel. Addressing vandalism, theft, and ensuring passenger safety in crowded platforms is a considerable task. Moreover, integrating different security systems and ensuring their compatibility poses a challenge, as various stations may have different legacy systems in place. Lastly, ensuring the security of railway infrastructure against cyber threats is a growing concern that requires constant vigilance.

COVID-19 Impact on the Market

Utilities in India faced challenges during the pandemic, but IoT technologies helped in the remote monitoring of infrastructure and the efficient distribution of resources. Smart grids, water management systems, and energy monitoring solutions became even more critical to ensure uninterrupted utility services.

Key Players in the Market

In the burgeoning IoT in utilities market in India, key players play a pivotal role in transforming the energy and utility landscape. Companies like Tata Consultancy Services (TCS), Siemens, and Schneider Electric are driving the adoption of IoT solutions to optimize energy management, enhance operational efficiency, and ensure sustainability. With a focus on smart grids, predictive maintenance, and real-time monitoring, these industry leaders are reshaping the utilities sector, paving the way for a more interconnected and efficient future. Their expertise in IoT technologies positions them as key contributors to the evolution of India utility infrastructure.

Key Highlights of the Report:

  • India IoT in Utilities Market Outlook
  • Market Size of India IoT in Utilities Market, 2024
  • Forecast of India IoT in Utilities Market, 2031
  • Historical Data and Forecast of India IoT in Utilities Revenues & Volume for the Period 2021-2031
  • India IoT in Utilities Market Trend Evolution
  • India IoT in Utilities Market Drivers and Challenges
  • India IoT in Utilities Price Trends
  • India IoT in Utilities Porter's Five Forces
  • India IoT in Utilities Industry Life Cycle
  • Historical Data and Forecast of India IoT in Utilities Market Revenues & Volume By Component for the Period 2021-2031
  • Historical Data and Forecast of India IoT in Utilities Market Revenues & Volume By Platform for the Period 2021-2031
  • Historical Data and Forecast of India IoT in Utilities Market Revenues & Volume By Solutions for the Period 2021-2031
  • Historical Data and Forecast of India IoT in Utilities Market Revenues & Volume By Services for the Period 2021-2031
  • Historical Data and Forecast of India IoT in Utilities Market Revenues & Volume By Solution for the Period 2021-2031
  • Historical Data and Forecast of India IoT in Utilities Market Revenues & Volume By Asset Monitoring Management for the Period 2021-2031
  • Historical Data and Forecast of India IoT in Utilities Market Revenues & Volume By Safety and Security for the Period 2021-2031
  • Historical Data and Forecast of India IoT in Utilities Market Revenues & Volume By Supervisiory Control and Data Acquisition (SCADA) for the Period 2021-2031
  • Historical Data and Forecast of India IoT in Utilities Market Revenues & Volume By Workforce Management for the Period 2021-2031
  • Historical Data and Forecast of India IoT in Utilities Market Revenues & Volume By Network Management for the Period 2021-2031
  • Historical Data and Forecast of India IoT in Utilities Market Revenues & Volume By Customer Information System (CIS)and Billing System for the Period 2021-2031
  • Historical Data and Forecast of India IoT in Utilities Market Revenues & Volume By Service for the Period 2021-2031
  • Historical Data and Forecast of India IoT in Utilities Market Revenues & Volume By Consulting for the Period 2021-2031
  • Historical Data and Forecast of India IoT in Utilities Market Revenues & Volume By Integration and Deployment for the Period 2021-2031
  • Historical Data and Forecast of India IoT in Utilities Market Revenues & Volume By Support and Maintenance for the Period 2021-2031
  • Historical Data and Forecast of India IoT in Utilities Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India IoT in Utilities Market Revenues & Volume By Water and Wastewater Management for the Period 2021-2031
  • Historical Data and Forecast of India IoT in Utilities Market Revenues & Volume By Utility Gas Management for the Period 2021-2031
  • Historical Data and Forecast of India IoT in Utilities Market Revenues & Volume By Electricity Grid Management for the Period 2021-2031
  • India IoT in Utilities Import Export Trade Statistics
  • Market Opportunity Assessment By Component
  • Market Opportunity Assessment By Solution
  • Market Opportunity Assessment By Service
  • Market Opportunity Assessment By Application
  • India IoT in Utilities Top Companies Market Share
  • India IoT in Utilities Competitive Benchmarking By Technical and Operational Parameters
  • India IoT in Utilities Company Profiles
  • India IoT in Utilities Key Strategic Recommendations

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India IoT in Utilities Market Overview

3.1 India Country Macro Economic Indicators

3.2 India IoT in Utilities Market Revenues & Volume, 2021 & 2031F

3.3 India IoT in Utilities Market - Industry Life Cycle

3.4 India IoT in Utilities Market - Porter's Five Forces

3.5 India IoT in Utilities Market Revenues & Volume Share, By Component, 2021 & 2031F

3.6 India IoT in Utilities Market Revenues & Volume Share, By Solution, 2021 & 2031F

3.7 India IoT in Utilities Market Revenues & Volume Share, By Service, 2021 & 2031F

3.8 India IoT in Utilities Market Revenues & Volume Share, By Application, 2021 & 2031F

4 India IoT in Utilities Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for efficient energy management solutions in utilities sector

4.2.2 Government initiatives promoting adoption of IoT technologies for improved utility services

4.2.3 Growing need for real-time monitoring and predictive maintenance of utility infrastructure

4.3 Market Restraints

4.3.1 High initial investment and implementation costs for IoT solutions in utilities

4.3.2 Concerns regarding data security and privacy in IoT applications

4.3.3 Lack of standardized regulations and interoperability in the IoT ecosystem

5 India IoT in Utilities Market Trends

6 India IoT in Utilities Market, By Types

6.1 India IoT in Utilities Market, By Component

6.1.1 Overview and Analysis

6.1.2 India IoT in Utilities Market Revenues & Volume, By Component, 2021-2031F

6.1.3 India IoT in Utilities Market Revenues & Volume, By Platform, 2021-2031F

6.1.4 India IoT in Utilities Market Revenues & Volume, By Solutions, 2021-2031F

6.1.5 India IoT in Utilities Market Revenues & Volume, By Services, 2021-2031F

6.2 India IoT in Utilities Market, By Solution

6.2.1 Overview and Analysis

6.2.2 India IoT in Utilities Market Revenues & Volume, By Asset Monitoring Management, 2021-2031F

6.2.3 India IoT in Utilities Market Revenues & Volume, By Safety and Security, 2021-2031F

6.2.4 India IoT in Utilities Market Revenues & Volume, By Supervisiory Control and Data Acquisition (SCADA), 2021-2031F

6.2.5 India IoT in Utilities Market Revenues & Volume, By Workforce Management, 2021-2031F

6.2.6 India IoT in Utilities Market Revenues & Volume, By Network Management, 2021-2031F

6.2.7 India IoT in Utilities Market Revenues & Volume, By Customer Information System (CIS) and Billing System, 2021-2031F

6.3 India IoT in Utilities Market, By Service

6.3.1 Overview and Analysis

6.3.2 India IoT in Utilities Market Revenues & Volume, By Consulting, 2021-2031F

6.3.3 India IoT in Utilities Market Revenues & Volume, By Integration and Deployment, 2021-2031F

6.3.4 India IoT in Utilities Market Revenues & Volume, By Support and Maintenance, 2021-2031F

6.4 India IoT in Utilities Market, By Application

6.4.1 Overview and Analysis

6.4.2 India IoT in Utilities Market Revenues & Volume, By Water and Wastewater Management, 2021-2031F

6.4.3 India IoT in Utilities Market Revenues & Volume, By Utility Gas Management, 2021-2031F

6.4.4 India IoT in Utilities Market Revenues & Volume, By Electricity Grid Management, 2021-2031F

7 India IoT in Utilities Market Import-Export Trade Statistics

7.1 India IoT in Utilities Market Export to Major Countries

7.2 India IoT in Utilities Market Imports from Major Countries

8 India IoT in Utilities Market Key Performance Indicators

8.1 Percentage increase in the adoption of IoT devices in utility infrastructure

8.2 Reduction in downtime and maintenance costs for utility assets

8.3 Improvement in operational efficiency and resource utilization in utilities sector

9 India IoT in Utilities Market - Opportunity Assessment

9.1 India IoT in Utilities Market Opportunity Assessment, By Component, 2021 & 2031F

9.2 India IoT in Utilities Market Opportunity Assessment, By Solution, 2021 & 2031F

9.3 India IoT in Utilities Market Opportunity Assessment, By Service, 2021 & 2031F

9.4 India IoT in Utilities Market Opportunity Assessment, By Application, 2021 & 2031F

10 India IoT in Utilities Market - Competitive Landscape

10.1 India IoT in Utilities Market Revenue Share, By Companies, 2024

10.2 India IoT in Utilities Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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