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 23,000 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. 

Source: Transforma Insights

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.

IoT Electricity Metering

Track electricity usage for billing and conservation.

IoT Gas Metering

Monitor gas consumption for precise billing and safety.

IoT Water Metering

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

Smart Metering IoT

Smart metering holds a significant position among utility use cases, primarily because it addresses key challenges in the utility sector and aligns with broader technological trends, such as energy management and cost efficiency.

Smart Grid Management IoT

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

Below find some other popular use cases within the industry:

Type of Smart Meter 

Description 

Sub-meters 

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

Customers Talk 

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

Contact our Sales Team

https://i.ytimg.com/vi/-Js_9X15ZdA/hqdefault.jpg
1NCE Shop

Buy the 1NCE IoT Lifetime Flat now

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

ad_image