The global Internet of Energy (IoE) market size was significantly robust in 2020 and is expected to register a steady revenue CAGR over the forecast period. Key factors driving market revenue growth are increasing automation, optimization of energy resources, proactive repair mechanisms, and predictive protocols for disruption. In addition, cost-effective and efficient energy distribution by combining Internet of Things (IoT) energy management solutions and devices is another key factor expected to drive demand for Internet of energy, and support market revenue growth.
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