GSMA Mobile IoT Initiative Helping Operators Target European Connected Energy Market Worth USD$26 Billion

October 24, 2017

The GSMA today announced that mobile operators deploying new Mobile IoT networks will be able to benefit from the European connected energy market estimated to be worth USD$26 billion by 20261. Data shared by analyst house Machina Research highlights the huge growth opportunity in the emerging connected energy market that could connect approximately 158 million new smart meters on LPWA networks across Europe. The total number of connections in Europe could be further increased if the 60 million cellular connections are also included with LPWA.

“The Internet of Things is fundamentally disrupting the smart utility market by providing ubiquitous connectivity and real-time, actionable data. Mobile IoT networks will take this further by offering energy providers a cost-effective solution to connect millions of smart meters,” said Alex Sinclair, Chief Technology Officer, GSMA. “There is a real sense of momentum behind the roll-out of Mobile IoT networks with multiple global launches, however, there is still a huge runway for growth. We encourage operators to act now to capitalise on this clear market opportunity and further accelerate the development of the IoT.”

The current connected energy market, which includes applications related to the generation and transportation of energy, microgeneration, smart grid and distribution monitoring and smart metering, is worth an estimated USD$11.7 billion. The European connected energy market represents approximately 21 per cent of all global revenues, with APAC claiming 54 per cent and the Americas 21 per cent. The European Commission recently published a proposal indicating that approximately 200 million electricity smart meters and 45 million gas meters will be rolled out by 2020. The Commission also estimates that by 2020, approximately 72 per cent of Europeans customers will have a smart meter for electricity and about 40 per cent for gas2.

“In the coming years we will see an important change in the way natural gas networks operate. The need for more efficient operations, improved safety and better quality of service will be paramount and we can do this through the roll-out of smart gas metering systems. We are moving towards the digitalisation of gas networks, a transformation from “pipe-centric” systems to “data-centric” systems. To make this happen, reliable communication means are a must and the arrival of NB-IoT and LTE-M represents an acceleration of this evolution. These new technologies offer everything necessary, such as long battery life, penetration and data security, as well as licensed spectrum,” commented Gianfranco De Feo, Executive Director, Shanghai Fiorentini Ltd.

Mobile IoT Networks Supporting Growth of Connected Energy

Mobile IoT networks are designed to support mass-market IoT applications across a wide variety of use cases including connected energy solutions such as water and gas metering, smart grids, electricity and energy monitoring. They support IoT applications that are low-cost, use low data rates, require long battery lives and often operate in remote and hard to reach locations making them ideal for the connected energy sector. Mobile networks are already supporting the smart electric metering market, but now other sectors such as water and gas metering are turning their attention to the benefits of adopting NB-IoT and LTE-M networks due to low power and better ground penetration.

In Europe, Deutsche Telekom has already deployed NB-IoT networks for smart metering and smart lighting solutions in several locations in The Netherlands, including Amsterdam and Rotterdam. Vodadone is also working on a number of initiatives including a water metering project in Valencia using NB-IoT. Globally, AT&T is working with Capstone Metering in the U.S to monitor water usage using LTE-M. In Asia Pacific, the largest global market for smart metering applications, China Mobile is piloting NB-IoT for water quality monitoring across several locations, while China Unicom is using NB-IoT to collect readings from energy and water meters and is working with an energy company, SoftGrid on a smart cities project3. For further examples, please go to: https://www.gsma.com/iot/miot-rollout/.

Mobile IoT Momentum   

There are currently 21 commercial Mobile IoT networks available around the world from 14 operators, including AT&T, Telstra and Verizon (LTE-M), as well as 3 Hong Kong, China Mobile, China Telecom, China Unicom, Deutsche Telekom, KT, LG Uplus, M1 and Vodafone (NB-IoT). Etisalat and Turkcell have launched both NB-IoT and LTE-M. For further information on the Mobile IoT Initiative, visit www.gsma.com/iot/mobile-iot-initiative/.

Notes to Editors

  1. Machina Research 2017. The figure refers to the total potential revenue available to all companies in the connected energy ecosystem.
  2. http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:52016PC0864R(01)&from=EN
  3. https://machinaresearch.com/report/connected-energy-smart-meter-rollouts-are-driven-by-government-policy-decisions/
Back

GSMA IoT On-Demand Webinar: Cellular – the missing link for drones? Join leading industry experts as they discuss the latest developments in how cellular communications enables BVLOS operation of commercial drones. This webinar was originally br...

Read more | See all Resources

Video: IoT Big Data In this short video, discover how the GSMA and operators are developing a collaborative and harmonised big data ecosystem that will help remove technical and commercial barriers,...

Read more | See all Resources

GSMA IoT On-Demand Webinar: Industry 4.0 – Optimising Industrial IoT A total of 70 Mobile IoT networks, including LTE-M (Long Term Evolution for Machines) and NB-IoT (NarrowBand IoT), have been launched, enabling a fraction of the 25.2 billion IoT...

Read more | See all Resources

Development Guide: NB-IoT for Agriculture The GSMA Internet of Things programme is an initiative to help mobile operators add value and accelerate the delivery of new connected devices and services in the IoT. This is to...

Read more | See all Resources

Case Study: Leveraging the SIM to Secure IoT Services Mobile network operators use SIM Cards (UICC cards as defined by 3GPP/ETSI) to authenticate devices accessing their networks and services. SIM cards can also support additional s...

Read more | See all Resources

Opportunities in the IoT: Evolving roles for mobile operators This report, co-authored by International Data Corporation (IDC), outlines the opportunity for operators, the routes to market, the essential technology enablers required and exa...

Read more | See all Resources

GSMA IoT On-Demand Webinar: Industry 4.0 – Optimising Industrial IoT A total of 70 Mobile IoT networks, including LTE-M (Long Term Evolution for Machines) and NB-IoT (NarrowBand IoT), have been launched, enabling a fraction of the 25.2 billion IoT...

Read more | See all Industry News

Mobile IoT Doubled in Range – Without the Need for Hardware Upgrades Barbara Pareglio, Technical Director, Internet of Things Programme, GSMA Mobile IoT has turned a corner: one that makes connection of even the remotest areas, such as those in ru...

Read more | See all Industry News

Collaboration and Innovation to pave the way for AI in the IoT: an Intervi Sierra Wireless is one of the leading technology providers in the industry and an important enabler for the IoT. In the wake of Mobile World Congress Americas, we interviewed Dan...

Read more | See all Industry News

Intelligent Connectivity Top of the Agenda in Bangkok as Asia Pacific Leads Asia Pacific is now the world’s foremost growth region for IoT, representing 40% of the world’s total spend in 2018: mass installation of sensors, cameras and other connected...

Read more | See all Industry News

Development Guide: NB-IoT for Agriculture The GSMA Internet of Things programme is an initiative to help mobile operators add value and accelerate the delivery of new connected devices and services in the IoT. This is to...

Read more | See all Industry News

Case Study: Leveraging the SIM to Secure IoT Services Mobile network operators use SIM Cards (UICC cards as defined by 3GPP/ETSI) to authenticate devices accessing their networks and services. SIM cards can also support additional s...

Read more | See all Industry News

The Commercial UAV Show November 14, 2018 The Commercial UAV Show is Europe’s largest exhibition and sponsored conference for commercial UAV professionals. Celebrating its 5th year in 2018, the Commercial UAV...

Read more | See all Connected Living Events

GSMA IoT at the Huawei Global MBB Forum 2018 November 19, 2018 The 2018 Global MBB Forum will be hosted by Huawei together with its industry partners GSMA and GTI in London from November 19th to November 21st. It will welcome globa...

Read more | See all Connected Living Events

IoT Webinar – The Future of IoT Business Models Hosted November 27, 2018 In this webinar, GSMA Intelligence analysts deep dive into IoT applications across two developing areas and evaluate the business proposition of this rapidly evolving t...

Read more | See all Connected Living Events

GSMA IoT Webinar Series: What next for mobile operators in t December 12, 2018 With the growth of the Internet of Things, new roles are emerging for mobile operators. Join this webinar to hear senior operator speakers discuss how they are leveragi...

Read more | See all Connected Living Events

Mobile IoT at CES19 January 08, 2019 The Internet of Things will be central to CES19. You can discover the range of our activities below, and visit us during the week at our stand: Booth 2210, Westgate. We...

Read more | See all Connected Living Events

Mobile IoT Breakfast Briefing at CES19 – The low power opp January 09, 2019 Join us at this executive breakfast event at CES19 to learn about the growth and opportunity for licensed LPWA solutions, applied to mass market consumer applications. ...

Read more | See all Connected Living Events