IoT Market Insights for the Utility Industry

Most successful IoT use cases and companies

Facts About 1NCE Utility Customers

  • Represent 21% of 1NCE customer base

  • Projects across 37 countries

  • 22 large deployments

  • Typical deployment size 1-10k

Facts About 1NCE Utility Customers

  • Represent 21% of 1NCE customer base

  • Projects across 37 countries

  • 22 large deployments

  • Typical deployment size 1-10k

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 21%, unsurprisingly utility customers mark the biggest share of the 1NCE customer base that totals 15 000 so far. We support gas providers, water supply companies and electricity providers in Italy, South Korea, US, UK or Germany already today. In total we manage IoT projects for utilities in more than 37 countries worldwide.  

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.

Type of Smart Meter 

Description 

Electricity Smart Meters 

Track electricity usage for billing and conservation. 

Gas Smart Meters 

Monitor gas consumption for precise billing and safety. 

Water Smart Meters 

Provide real-time data for water conservation and leak detection. 

Smart Grid 

Advanced management of electricity, gas, and water distribution networks, integrating smart meters and energy storage solutions. 

Sub-meters 

Remote meter reading of heat consumption allocators placed on heaters and thermostats 

Learn more about smart metering.

Customers Talk 

From improved service to sustainable resource management, customers share their experiences when adopting IoT technologies: 

Want to know more about IoT success stories? Explore the Customer Insights

1NCE Shop

Buy the 1NCE IoT Lifetime Flat now

Visit the 1NCE Shop and start connecting your IoT devices easily. Simply order your SIM cards, choose the desired type of SIM card and fill out all required forms. After the payment has been approved you get your cards within five to seven business days.