The Europe AIoT Platforms Market would witness market growth of 35.2% CAGR during the forecast period (2023-2029).
Several gadgets and programs can be added to the IoT and modified to accommodate voice communications. Hardware modules with a wireless LAN adapter and voice capabilities can connect to the cloud to provide AIoT functionality for devices without communications features or for embedded devices where loading libraries is challenging. In addition, client software libraries will be accessible to smartphones, PCs, tablets, and other gadgets that are already connected.
The time it takes for data to flow between devices to be processed and sent between devices can be reduced using an AIoT platform. With the aid of an AIoT platform, devices may learn from previous choices and choose wisely in the future. This makes it easy for them to manage complicated activities and vast volumes of data more effectively. Accidents and mistakes are less likely with improved device cooperation and communication.
In sectors like manufacturing and healthcare, this increased safety can be crucial. AIoT enables the quick creation and introduction of fresh apps and services. As a result, businesses continue to lead the way in innovation. Businesses may offer a better customer experience by utilizing AIoT through quicker reaction times, more accurate data, and increased personalization.
The Urban Platform initiative exemplifies how European cities promote better social outcomes through interaction aimed at enhancing knowledge and management within sizable amounts of city data, further establishing a link between the sharing of this data and the enhancement of city services via the European Innovation Partnership for Smart Cities & Communities (EIP SCC). In addition, the CAPSELLA project is a development in ICT for smart city urban management based on data technologies and sustainable agri-food systems. The growing smart city initiatives open up opportunities for applications of AIoT, thereby ensuring regional market growth.
The Germany market dominated the Europe AIoT Platforms Market by Country 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $2,144.3 million by 2029. The UK market is anticipated to grow at a CAGR of 34.1% during (2023 - 2029). Additionally, The France market would exhibit a CAGR of 36.2% during (2023 - 2029).
Based on Component, the market is segmented into Solution (Device Management, Connectivity Management, and Application Management) and Services. Based on Vertical, the market is segmented into BFSI, Manufacturing, Retail, Healthcare, Energy & Utilities, Transportation & Logistics and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide AIoT Platforms Market is Projected to reach USD 31.4 Billion by 2029, at a CAGR of 35.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, Intel Corporation, Oracle Corporation, Hewlett-Packard enterprise Company, Cisco Systems, Inc., Google LLC (Alphabet Inc.), Amazon Web Services, Inc. (Amazon.com, Inc.), NXP Semiconductors N.V. and Sharp Corporation (Hon Hai Precision Industry Co., Ltd.).
Scope of the Study
Market Segments Covered in the Report:
By Component
- Solution
- Device Management
- Connectivity Management
- Application Management
- Services
By Vertical
- BFSI
- Manufacturing
- Retail
- Healthcare
- Energy & Utilities
- Transportation & Logistics
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Microsoft Corporation
- Intel Corporation
- Oracle Corporation
- Hewlett-Packard enterprise Company
- Cisco Systems, Inc.
- Google LLC (Alphabet Inc.)
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- NXP Semiconductors N.V.
- Sharp Corporation (Hon Hai Precision Industry Co., Ltd.)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe AIoT Platforms Market, by Component
1.4.2 Europe AIoT Platforms Market, by Vertical
1.4.3 Europe AIoT Platforms Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jun – 2023, Mar) Leading Players
Chapter 4. Europe AIoT Platforms Market by Component
4.1 Europe Solution Market by Country
4.2 Europe AIoT Platforms Market by Solution Type
4.2.1 Europe Device Management Market by Country
4.2.2 Europe Connectivity Management Market by Country
4.2.3 Europe Application Management Market by Country
4.3 Europe Services Market by Country
Chapter 5. Europe AIoT Platforms Market by Vertical
5.1 Europe BFSI Market by Country
5.2 Europe Manufacturing Market by Country
5.3 Europe Retail Market by Country
5.4 Europe Healthcare Market by Country
5.5 Europe Energy & Utilities Market by Country
5.6 Europe Transportation & Logistics Market by Country
5.7 Europe Other Vertical Market by Country
Chapter 6. Europe AIoT Platforms Market by Country
6.1 Germany AIoT Platforms Market
6.1.1 Germany AIoT Platforms Market by Component
6.1.1.1 Germany AIoT Platforms Market by Solution Type
6.1.2 Germany AIoT Platforms Market by Vertical
6.2 UK AIoT Platforms Market
6.2.1 UK AIoT Platforms Market by Component
6.2.1.1 UK AIoT Platforms Market by Solution Type
6.2.2 UK AIoT Platforms Market by Vertical
6.3 France AIoT Platforms Market
6.3.1 France AIoT Platforms Market by Component
6.3.1.1 France AIoT Platforms Market by Solution Type
6.3.2 France AIoT Platforms Market by Vertical
6.4 Russia AIoT Platforms Market
6.4.1 Russia AIoT Platforms Market by Component
6.4.1.1 Russia AIoT Platforms Market by Solution Type
6.4.2 Russia AIoT Platforms Market by Vertical
6.5 Spain AIoT Platforms Market
6.5.1 Spain AIoT Platforms Market by Component
6.5.1.1 Spain AIoT Platforms Market by Solution Type
6.5.2 Spain AIoT Platforms Market by Vertical
6.6 Italy AIoT Platforms Market
6.6.1 Italy AIoT Platforms Market by Component
6.6.1.1 Italy AIoT Platforms Market by Solution Type
6.6.2 Italy AIoT Platforms Market by Vertical
6.7 Rest of Europe AIoT Platforms Market
6.7.1 Rest of Europe AIoT Platforms Market by Component
6.7.1.1 Rest of Europe AIoT Platforms Market by Solution Type
6.7.2 Rest of Europe AIoT Platforms Market by Vertical
Chapter 7. Company Profiles
7.1 IBM Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional & Segmental Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 Microsoft Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions:
7.2.5.3 Acquisition and Mergers:
7.2.6 SWOT Analysis
7.3 Intel Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Product Launches and Product Expansions:
7.3.6 SWOT Analysis
7.4 Oracle Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.6 SWOT Analysis
7.5 Hewlett Packard Enterprise Company
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Acquisition and Mergers:
7.5.6 SWOT Analysis
7.6 Cisco Systems, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Product Launches and Product Expansions:
7.6.6 SWOT Analysis
7.7 Google LLC (Alphabet Inc.)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.7.6 SWOT Analysis
7.8 Amazon Web Services, Inc. (Amazon.com, Inc.)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental Analysis
7.8.4 Recent strategies and developments:
7.8.4.1 Partnerships, Collaborations, and Agreements:
7.8.5 SWOT Analysis
7.9 NXP Semiconductors N.V.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional Analysis
7.9.4 Research & Development Expense
7.9.5 SWOT Analysis
7.10. Sharp Corporation (Hon Hai Precision Industry Co., Ltd.)
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental & Regional Analysis
7.10.4 Research & Development Expense
7.10.5 SWOT Analysis
TABLE 1 Europe AIoT Platforms Market, 2019 - 2022, USD Million
TABLE 2 Europe AIoT Platforms Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– AIoT Platforms Market
TABLE 4 Product Launches And Product Expansions– AIoT Platforms Market
TABLE 5 Acquisition and Mergers– AIoT Platforms Market
TABLE 6 Europe AIoT Platforms Market by Component, 2019 - 2022, USD Million
TABLE 7 Europe AIoT Platforms Market by Component, 2023 - 2029, USD Million
TABLE 8 Europe Solution Market by Country, 2019 - 2022, USD Million
TABLE 9 Europe Solution Market by Country, 2023 - 2029, USD Million
TABLE 10 Europe AIoT Platforms Market by Solution Type, 2019 - 2022, USD Million
TABLE 11 Europe AIoT Platforms Market by Solution Type, 2023 - 2029, USD Million
TABLE 12 Europe Device Management Market by Country, 2019 - 2022, USD Million
TABLE 13 Europe Device Management Market by Country, 2023 - 2029, USD Million
TABLE 14 Europe Connectivity Management Market by Country, 2019 - 2022, USD Million
TABLE 15 Europe Connectivity Management Market by Country, 2023 - 2029, USD Million
TABLE 16 Europe Application Management Market by Country, 2019 - 2022, USD Million
TABLE 17 Europe Application Management Market by Country, 2023 - 2029, USD Million
TABLE 18 Europe Services Market by Country, 2019 - 2022, USD Million
TABLE 19 Europe Services Market by Country, 2023 - 2029, USD Million
TABLE 20 Europe AIoT Platforms Market by Vertical, 2019 - 2022, USD Million
TABLE 21 Europe AIoT Platforms Market by Vertical, 2023 - 2029, USD Million
TABLE 22 Europe BFSI Market by Country, 2019 - 2022, USD Million
TABLE 23 Europe BFSI Market by Country, 2023 - 2029, USD Million
TABLE 24 Europe Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 25 Europe Manufacturing Market by Country, 2023 - 2029, USD Million
TABLE 26 Europe Retail Market by Country, 2019 - 2022, USD Million
TABLE 27 Europe Retail Market by Country, 2023 - 2029, USD Million
TABLE 28 Europe Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 29 Europe Healthcare Market by Country, 2023 - 2029, USD Million
TABLE 30 Europe Energy & Utilities Market by Country, 2019 - 2022, USD Million
TABLE 31 Europe Energy & Utilities Market by Country, 2023 - 2029, USD Million
TABLE 32 Europe Transportation & Logistics Market by Country, 2019 - 2022, USD Million
TABLE 33 Europe Transportation & Logistics Market by Country, 2023 - 2029, USD Million
TABLE 34 Europe Other Vertical Market by Country, 2019 - 2022, USD Million
TABLE 35 Europe Other Vertical Market by Country, 2023 - 2029, USD Million
TABLE 36 Europe AIoT Platforms Market by Country, 2019 - 2022, USD Million
TABLE 37 Europe AIoT Platforms Market by Country, 2023 - 2029, USD Million
TABLE 38 Germany AIoT Platforms Market, 2019 - 2022, USD Million
TABLE 39 Germany AIoT Platforms Market, 2023 - 2029, USD Million
TABLE 40 Germany AIoT Platforms Market by Component, 2019 - 2022, USD Million
TABLE 41 Germany AIoT Platforms Market by Component, 2023 - 2029, USD Million
TABLE 42 Germany AIoT Platforms Market by Solution Type, 2019 - 2022, USD Million
TABLE 43 Germany AIoT Platforms Market by Solution Type, 2023 - 2029, USD Million
TABLE 44 Germany AIoT Platforms Market by Vertical, 2019 - 2022, USD Million
TABLE 45 Germany AIoT Platforms Market by Vertical, 2023 - 2029, USD Million
TABLE 46 UK AIoT Platforms Market, 2019 - 2022, USD Million
TABLE 47 UK AIoT Platforms Market, 2023 - 2029, USD Million
TABLE 48 UK AIoT Platforms Market by Component, 2019 - 2022, USD Million
TABLE 49 UK AIoT Platforms Market by Component, 2023 - 2029, USD Million
TABLE 50 UK AIoT Platforms Market by Solution Type, 2019 - 2022, USD Million
TABLE 51 UK AIoT Platforms Market by Solution Type, 2023 - 2029, USD Million
TABLE 52 UK AIoT Platforms Market by Vertical, 2019 - 2022, USD Million
TABLE 53 UK AIoT Platforms Market by Vertical, 2023 - 2029, USD Million
TABLE 54 France AIoT Platforms Market, 2019 - 2022, USD Million
TABLE 55 France AIoT Platforms Market, 2023 - 2029, USD Million
TABLE 56 France AIoT Platforms Market by Component, 2019 - 2022, USD Million
TABLE 57 France AIoT Platforms Market by Component, 2023 - 2029, USD Million
TABLE 58 France AIoT Platforms Market by Solution Type, 2019 - 2022, USD Million
TABLE 59 France AIoT Platforms Market by Solution Type, 2023 - 2029, USD Million
TABLE 60 France AIoT Platforms Market by Vertical, 2019 - 2022, USD Million
TABLE 61 France AIoT Platforms Market by Vertical, 2023 - 2029, USD Million
TABLE 62 Russia AIoT Platforms Market, 2019 - 2022, USD Million
TABLE 63 Russia AIoT Platforms Market, 2023 - 2029, USD Million
TABLE 64 Russia AIoT Platforms Market by Component, 2019 - 2022, USD Million
TABLE 65 Russia AIoT Platforms Market by Component, 2023 - 2029, USD Million
TABLE 66 Russia AIoT Platforms Market by Solution Type, 2019 - 2022, USD Million
TABLE 67 Russia AIoT Platforms Market by Solution Type, 2023 - 2029, USD Million
TABLE 68 Russia AIoT Platforms Market by Vertical, 2019 - 2022, USD Million
TABLE 69 Russia AIoT Platforms Market by Vertical, 2023 - 2029, USD Million
TABLE 70 Spain AIoT Platforms Market, 2019 - 2022, USD Million
TABLE 71 Spain AIoT Platforms Market, 2023 - 2029, USD Million
TABLE 72 Spain AIoT Platforms Market by Component, 2019 - 2022, USD Million
TABLE 73 Spain AIoT Platforms Market by Component, 2023 - 2029, USD Million
TABLE 74 Spain AIoT Platforms Market by Solution Type, 2019 - 2022, USD Million
TABLE 75 Spain AIoT Platforms Market by Solution Type, 2023 - 2029, USD Million
TABLE 76 Spain AIoT Platforms Market by Vertical, 2019 - 2022, USD Million
TABLE 77 Spain AIoT Platforms Market by Vertical, 2023 - 2029, USD Million
TABLE 78 Italy AIoT Platforms Market, 2019 - 2022, USD Million
TABLE 79 Italy AIoT Platforms Market, 2023 - 2029, USD Million
TABLE 80 Italy AIoT Platforms Market by Component, 2019 - 2022, USD Million
TABLE 81 Italy AIoT Platforms Market by Component, 2023 - 2029, USD Million
TABLE 82 Italy AIoT Platforms Market by Solution Type, 2019 - 2022, USD Million
TABLE 83 Italy AIoT Platforms Market by Solution Type, 2023 - 2029, USD Million
TABLE 84 Italy AIoT Platforms Market by Vertical, 2019 - 2022, USD Million
TABLE 85 Italy AIoT Platforms Market by Vertical, 2023 - 2029, USD Million
TABLE 86 Rest of Europe AIoT Platforms Market, 2019 - 2022, USD Million
TABLE 87 Rest of Europe AIoT Platforms Market, 2023 - 2029, USD Million
TABLE 88 Rest of Europe AIoT Platforms Market by Component, 2019 - 2022, USD Million
TABLE 89 Rest of Europe AIoT Platforms Market by Component, 2023 - 2029, USD Million
TABLE 90 Rest of Europe AIoT Platforms Market by Solution Type, 2019 - 2022, USD Million
TABLE 91 Rest of Europe AIoT Platforms Market by Solution Type, 2023 - 2029, USD Million
TABLE 92 Rest of Europe AIoT Platforms Market by Vertical, 2019 - 2022, USD Million
TABLE 93 Rest of Europe AIoT Platforms Market by Vertical, 2023 - 2029, USD Million
TABLE 94 Key information – IBM Corporation
TABLE 95 key information – Microsoft Corporation
TABLE 96 Key Information – Intel Corporation
TABLE 97 Key Information – Oracle Corporation
TABLE 98 key information – Hewlett Packard Enterprise Company
TABLE 99 Key Information – Cisco Systems, Inc.
TABLE 100 Key Information – Google LLC
TABLE 101 Key Information – Amazon Web Services, Inc.
TABLE 102 Key Information – NXP Semiconductors N.V.
TABLE 103 Key Information – Sharp Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 5 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2020, Jun – 2023, Mar) Leading Players
FIG 6 Recent strategies and developments: IBM Corporation
FIG 7 Swot analysis: IBM Corporation
FIG 8 Recent strategies and developments: Microsoft Corporation
FIG 9 SWOT Analysis: Microsoft Corporation
FIG 10 Recent strategies and developments: Intel Corporation
FIG 11 SWOT analysis: Intel corporation
FIG 12 SWOT analysis: Oracle Corporation
FIG 13 SWOT analysis: Hewlett-Packard enterprise Company
FIG 14 Recent strategies and developments: Cisco Systems, Inc.
FIG 15 SWOT Analysis: Cisco Systems, Inc.
FIG 16 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 17 SWOT analysis: Amazon.com, Inc.
FIG 18 Swot analysis: NXP semiconductors N.V.
FIG 19 SWOT Analysis: Sharp Corporation