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 to ensure accurate billing and promote energy conservation. IoT-enabled electricity meters provide real-time data, empowering both providers and consumers to monitor consumption patterns, reduce waste, and manage energy costs effectively. 

IoT Gas Metering

Monitor gas consumption with precision to enhance billing accuracy and ensure safety. IoT gas meters enable proactive leak detection and real-time usage updates, helping utilities and households mitigate risks and optimize gas usage. 

IoT Water Metering

Deliver real-time insights into water usage to support conservation efforts and prevent wastage. IoT water meters detect leaks early and provide actionable data, ensuring sustainable water management for households and businesses alike. 

Smart Metering IoT

IoT-based smart metering holds a significant position among smart utility systems and applications, 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

Implement advanced monitoring and control of electricity, gas, and water distribution systems. Smart grids leverage IoT-integrated smart meters and energy storage solutions to deliver real-time analytics, ensure load balancing, and enhance operational reliability. 

Sub-meters

Facilitate remote reading of heat consumption allocators deployed on radiators and thermostats. IoT-enabled sub-meters deliver data accuracy, optimize energy allocation, and provide real-time monitoring for improved thermal efficiency. 

Customer Stories

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

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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. 

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