The Europe Consumer IoT Market would witness market growth of 15.5% CAGR during the forecast period (2021-2027).
Consumer IoT refers to connected gadgets which are developed for the consumer market like smart wearables, smart homes, smartphones, and others that can collect and provide information through the Internet. There are numerous real-life applications of consumer IoT like home security & smart domestic, wearable technology, personal healthcare, and asset tracking, among others.
Factors such as the massive demand for connected & wearable devices and the growing utilization of IoT devices in automotive are anticipated to drive the growth of the market in the upcoming years. Moreover, the market growth is further driven by the massive development of wireless platforms. On the other hand, some of the obstacles to market growth include data privacy and security-related concerns.
The high adoption of advanced technologies and devices is one of the crucial factors accelerating the growth of the consumer IoT market display panel market in this region. In addition, the rise in the inclination of the consumers towards the adoption of connected devices to simplify various tasks and the increasing population of fitness freak people are the major factors boosting the demand and growth of the consumer IoT market. Growing focus on remote monitoring in response to work from a home model and rising deployment of smart technologies are some of the major factors driving the demand for connected devices in the regional market. The robust healthcare system and high adoption rate of advanced devices in the healthcare sector of the regions would support the growth of the regional market.
The Germany market dominated the Europe Consumer IoT Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $17.7 billion by 2027. The UK market is exhibiting a CAGR of 14.7% during (2021 - 2027). Additionally, The France market would experience a CAGR of 16.3% during (2021 - 2027).
Based on Component, the market is segmented into Hardware, Software, and Services. Based on connectivity, the market is segmented into Wired and Wireless. Based on Vertical, the market is segmented into Home Automation, Automotive, Consumer Electronics, Healthcare, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Consumer IoT Market Size will Hit $204.8 billion by 2027, at a CAGR of 15.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, IBM Corporation, Schneider Electric SE, General Electric (GE) Co., Cisco Systems, Inc., NXP Semiconductors N.V., Texas Instruments, Inc., Intel Corporation, Qualcomm, Inc., and Honeywell International, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Hardware
- Processors
- Network Infrastructure
- Sensors
- Others
- Software
- Services
By Connectivity
By Vertical
- Home Automation
- Automotive
- Consumer Electronics
- Healthcare
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Microsoft Corporation
- IBM Corporation
- Schneider Electric SE
- General Electric (GE) Co.
- Cisco Systems, Inc.
- NXP Semiconductors N.V.
- Texas Instruments, Inc.
- Intel Corporation
- Qualcomm, Inc.
- Honeywell International, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Consumer IoT Market, by Component
1.4.2 Europe Consumer IoT Market, by Connectivity
1.4.3 Europe Consumer IoT Market, by Vertical
1.4.4 Europe Consumer IoT 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 and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis
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 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Mar – 2021, Sep) Leading Players
Chapter 4. Europe Consumer IoT Market by Component
4.1 Europe Hardware Market by Country
4.2 Europe Hardware Market by Type
4.2.1 Europe Processor Market by Country
4.2.2 Europe Network infrastructure Market by Country
4.2.3 Europe Sensors Market by Country
4.2.4 Europe Others Hardware Type Consumer IoT Market by Country
4.3 Europe Software Market by Country
4.4 Europe Services Market by Country
Chapter 5. Europe Consumer IoT Market by Connectivity
5.1 Europe Wired Market by Country
5.2 Europe Wireless Market by Country
Chapter 6. Europe Consumer IoT Market by Vertical
6.1 Europe Home Automation Market by Country
6.2 Europe Automotive Market by Country
6.3 Europe Consumer Electronics Market by Country
6.4 Europe Healthcare Market by Country
6.5 Europe Others Market by Country
Chapter 7. Europe Consumer IoT Market by Country
7.1 Germany Consumer IoT Market
7.1.1 Germany Consumer IoT Market by Component
7.1.2 Germany Hardware Market by Type
7.1.3 Germany Consumer IoT Market by Connectivity
7.1.4 Germany Consumer IoT Market by Vertical
7.2 UK Consumer IoT Market
7.2.1 UK Consumer IoT Market by Component
7.2.2 UK Hardware Market by Type
7.2.3 UK Consumer IoT Market by Connectivity
7.2.4 UK Consumer IoT Market by Vertical
7.3 France Consumer IoT Market
7.3.1 France Consumer IoT Market by Component
7.3.2 France Hardware Market by Type
7.3.3 France Consumer IoT Market by Connectivity
7.3.4 France Consumer IoT Market by Vertical
7.4 Russia Consumer IoT Market
7.4.1 Russia Consumer IoT Market by Component
7.4.2 Russia Hardware Market by Type
7.4.3 Russia Consumer IoT Market by Connectivity
7.4.4 Russia Consumer IoT Market by Vertical
7.5 Spain Consumer IoT Market
7.5.1 Spain Consumer IoT Market by Component
7.5.2 Spain Hardware Market by Type
7.5.3 Spain Consumer IoT Market by Connectivity
7.5.4 Spain Consumer IoT Market by Vertical
7.6 Italy Consumer IoT Market
7.6.1 Italy Consumer IoT Market by Component
7.6.2 Italy Hardware Market by Type
7.6.3 Italy Consumer IoT Market by Connectivity
7.6.4 Italy Consumer IoT Market by Vertical
7.7 Rest of Europe Consumer IoT Market
7.7.1 Rest of Europe Consumer IoT Market by Component
7.7.2 Rest of Europe Hardware Market by Type
7.7.3 Rest of Europe Consumer IoT Market by Connectivity
7.7.4 Rest of Europe Consumer IoT Market by Vertical
Chapter 8. Company Profiles
8.1 Microsoft Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.1 Recent strategies and developments:
8.1.1.1 Partnerships, Collaborations, and Agreements:
8.1.2 SWOT Analysis
8.2 IBM Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional & Segmental Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.6 SWOT Analysis
8.3 Schneider Electric SE
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental And Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 General Electric (GE) Co.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Product Launches and Product Expansions:
8.4.6 SWOT Analysis
8.5 Cisco Systems, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Acquisitions and Mergers:
8.5.5.3 Product launches and Product Expansions:
8.5.6 SWOT Analysis
8.6 NXP Semiconductors N.V.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.5.2 Acquisitions and Mergers:
8.6.5.3 Product Launches and Product Expansions:
8.6.6 SWOT Analysis
8.7 Texas Instruments, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.6 SWOT Analysis
8.8 Intel Corporation
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent Strategies and Developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Product Launches and Product Expansions:
8.8.6 SWOT Analysis
8.9 Qualcomm, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Acquisitions and Mergers:
8.9.5.3 Product Launches and Product Expansions:
8.9.6 SWOT Analysis
8.1 Honeywell International, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Regional & Segmental Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Partnerships, Collaborations, and Agreements:
8.10.6 SWOT Analysis
TABLE 1 Europe Consumer IoT Market, 2017 - 2020, USD Million
TABLE 2 Europe Consumer IoT Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Consumer IoT Market
TABLE 4 Product Launches And Product Expansions– Consumer IoT Market
TABLE 5 Acquisition and Mergers– Consumer IoT Market
TABLE 6 Europe Consumer IoT Market by Component, 2017 - 2020, USD Million
TABLE 7 Europe Consumer IoT Market by Component, 2021 - 2027, USD Million
TABLE 8 Europe HardwareMarket by Country, 2017 - 2020, USD Million
TABLE 9 Europe HardwareMarket by Country, 2021 - 2027, USD Million
TABLE 10 Europe Hardware Market by Type, 2017 - 2020, USD Million
TABLE 11 Europe Hardware Market by Type, 2021 - 2027, USD Million
TABLE 12 Europe Processor Market by Country, 2017 - 2020, USD Million
TABLE 13 Europe Processor Market by Country, 2021 - 2027, USD Million
TABLE 14 Europe Network infrastructure Market by Country, 2017 - 2020, USD Million
TABLE 15 Europe Network infrastructure Market by Country, 2021 - 2027, USD Million
TABLE 16 Europe Sensors Market by Country, 2017 - 2020, USD Million
TABLE 17 Europe Sensors Market by Country, 2021 - 2027, USD Million
TABLE 18 Europe Others Hardware Type Consumer IoT Market by Country, 2017 - 2020, USD Million
TABLE 19 Europe Others Hardware Type Consumer IoT Market by Country, 2021 - 2027, USD Million
TABLE 20 Europe Software Market by Country, 2017 - 2020, USD Million
TABLE 21 Europe Software Market by Country, 2021 - 2027, USD Million
TABLE 22 Europe Services Market by Country, 2017 - 2020, USD Million
TABLE 23 Europe Services Market by Country, 2021 - 2027, USD Million
TABLE 24 Europe Consumer IoT Market by Connectivity, 2017 - 2020, USD Million
TABLE 25 Europe Consumer IoT Market by Connectivity, 2021 - 2027, USD Million
TABLE 26 Europe Wired Market by Country, 2017 - 2020, USD Million
TABLE 27 Europe Wired Market by Country, 2021 - 2027, USD Million
TABLE 28 Europe Wireless Consumer IoT Market by Country, 2017 - 2020, USD Million
TABLE 29 Europe Wireless Consumer IoT Market by Country, 2021 - 2027, USD Million
TABLE 30 Europe Consumer IoT Market by Vertical, 2017 - 2020, USD Million
TABLE 31 Europe Consumer IoT Market by Vertical, 2021 - 2027, USD Million
TABLE 32 Europe Home Automation Consumer IoT Market by Country, 2017 - 2020, USD Million
TABLE 33 Europe Home Automation Consumer IoT Market by Country, 2021 - 2027, USD Million
TABLE 34 Europe Automotive Consumer IoT Market by Country, 2017 - 2020, USD Million
TABLE 35 Europe Automotive Consumer IoT Market by Country, 2021 - 2027, USD Million
TABLE 36 Europe Consumer Electronics Consumer IoT Market by Country, 2017 - 2020, USD Million
TABLE 37 Europe Consumer Electronics Consumer IoT Market by Country, 2021 - 2027, USD Million
TABLE 38 Europe Healthcare Consumer IoT Market by Country, 2017 - 2020, USD Million
TABLE 39 Europe Healthcare Consumer IoT Market by Country, 2021 - 2027, USD Million
TABLE 40 Europe Others Consumer IoT Market by Country, 2017 - 2020, USD Million
TABLE 41 Europe Others Consumer IoT Market by Country, 2021 - 2027, USD Million
TABLE 42 Europe Consumer IoT Market by Country, 2017 - 2020, USD Million
TABLE 43 Europe Consumer IoT Market by Country, 2021 - 2027, USD Million
TABLE 44 Germany Consumer IoT Market, 2017 - 2020, USD Million
TABLE 45 Germany Consumer IoT Market, 2021 - 2027, USD Million
TABLE 46 Germany Consumer IoT Market by Component, 2017 - 2020, USD Million
TABLE 47 Germany Consumer IoT Market by Component, 2021 - 2027, USD Million
TABLE 48 Germany Hardware Market by Type, 2017 - 2020, USD Million
TABLE 49 Germany Hardware Market by Type, 2021 - 2027, USD Million
TABLE 50 Germany Consumer IoT Market by Connectivity, 2017 - 2020, USD Million
TABLE 51 Germany Consumer IoT Market by Connectivity, 2021 - 2027, USD Million
TABLE 52 Germany Consumer IoT Market by Vertical, 2017 - 2020, USD Million
TABLE 53 Germany Consumer IoT Market by Vertical, 2021 - 2027, USD Million
TABLE 54 UK Consumer IoT Market, 2017 - 2020, USD Million
TABLE 55 UK Consumer IoT Market, 2021 - 2027, USD Million
TABLE 56 UK Consumer IoT Market by Component, 2017 - 2020, USD Million
TABLE 57 UK Consumer IoT Market by Component, 2021 - 2027, USD Million
TABLE 58 UK Hardware Market by Type, 2017 - 2020, USD Million
TABLE 59 UK Hardware Market by Type, 2021 - 2027, USD Million
TABLE 60 UK Consumer IoT Market by Connectivity, 2017 - 2020, USD Million
TABLE 61 UK Consumer IoT Market by Connectivity, 2021 - 2027, USD Million
TABLE 62 UK Consumer IoT Market by Vertical, 2017 - 2020, USD Million
TABLE 63 UK Consumer IoT Market by Vertical, 2021 - 2027, USD Million
TABLE 64 France Consumer IoT Market, 2017 - 2020, USD Million
TABLE 65 France Consumer IoT Market, 2021 - 2027, USD Million
TABLE 66 France Consumer IoT Market by Component, 2017 - 2020, USD Million
TABLE 67 France Consumer IoT Market by Component, 2021 - 2027, USD Million
TABLE 68 France Hardware Market by Type, 2017 - 2020, USD Million
TABLE 69 France Hardware Market by Type, 2021 - 2027, USD Million
TABLE 70 France Consumer IoT Market by Connectivity, 2017 - 2020, USD Million
TABLE 71 France Consumer IoT Market by Connectivity, 2021 - 2027, USD Million
TABLE 72 France Consumer IoT Market by Vertical, 2017 - 2020, USD Million
TABLE 73 France Consumer IoT Market by Vertical, 2021 - 2027, USD Million
TABLE 74 Russia Consumer IoT Market, 2017 - 2020, USD Million
TABLE 75 Russia Consumer IoT Market, 2021 - 2027, USD Million
TABLE 76 Russia Consumer IoT Market by Component, 2017 - 2020, USD Million
TABLE 77 Russia Consumer IoT Market by Component, 2021 - 2027, USD Million
TABLE 78 Russia Hardware Market by Type, 2017 - 2020, USD Million
TABLE 79 Russia Hardware Market by Type, 2021 - 2027, USD Million
TABLE 80 Russia Consumer IoT Market by Connectivity, 2017 - 2020, USD Million
TABLE 81 Russia Consumer IoT Market by Connectivity, 2021 - 2027, USD Million
TABLE 82 Russia Consumer IoT Market by Vertical, 2017 - 2020, USD Million
TABLE 83 Russia Consumer IoT Market by Vertical, 2021 - 2027, USD Million
TABLE 84 Spain Consumer IoT Market, 2017 - 2020, USD Million
TABLE 85 Spain Consumer IoT Market, 2021 - 2027, USD Million
TABLE 86 Spain Consumer IoT Market by Component, 2017 - 2020, USD Million
TABLE 87 Spain Consumer IoT Market by Component, 2021 - 2027, USD Million
TABLE 88 Spain Hardware Market by Type, 2017 - 2020, USD Million
TABLE 89 Spain Hardware Market by Type, 2021 - 2027, USD Million
TABLE 90 Spain Consumer IoT Market by Connectivity, 2017 - 2020, USD Million
TABLE 91 Spain Consumer IoT Market by Connectivity, 2021 - 2027, USD Million
TABLE 92 Spain Consumer IoT Market by Vertical, 2017 - 2020, USD Million
TABLE 93 Spain Consumer IoT Market by Vertical, 2021 - 2027, USD Million
TABLE 94 Italy Consumer IoT Market, 2017 - 2020, USD Million
TABLE 95 Italy Consumer IoT Market, 2021 - 2027, USD Million
TABLE 96 Italy Consumer IoT Market by Component, 2017 - 2020, USD Million
TABLE 97 Italy Consumer IoT Market by Component, 2021 - 2027, USD Million
TABLE 98 Italy Hardware Market by Type, 2017 - 2020, USD Million
TABLE 99 Italy Hardware Market by Type, 2021 - 2027, USD Million
TABLE 100 Italy Consumer IoT Market by Connectivity, 2017 - 2020, USD Million
TABLE 101 Italy Consumer IoT Market by Connectivity, 2021 - 2027, USD Million
TABLE 102 Italy Consumer IoT Market by Vertical, 2017 - 2020, USD Million
TABLE 103 Italy Consumer IoT Market by Vertical, 2021 - 2027, USD Million
TABLE 104 Rest of Europe Consumer IoT Market, 2017 - 2020, USD Million
TABLE 105 Rest of Europe Consumer IoT Market, 2021 - 2027, USD Million
TABLE 106 Rest of Europe Consumer IoT Market by Component, 2017 - 2020, USD Million
TABLE 107 Rest of Europe Consumer IoT Market by Component, 2021 - 2027, USD Million
TABLE 108 Rest of Europe Hardware Market by Type, 2017 - 2020, USD Million
TABLE 109 Rest of Europe Hardware Market by Type, 2021 - 2027, USD Million
TABLE 110 Rest of Europe Consumer IoT Market by Connectivity, 2017 - 2020, USD Million
TABLE 111 Rest of Europe Consumer IoT Market by Connectivity, 2021 - 2027, USD Million
TABLE 112 Rest of Europe Consumer IoT Market by Vertical, 2017 - 2020, USD Million
TABLE 113 Rest of Europe Consumer IoT Market by Vertical, 2021 - 2027, USD Million
TABLE 114 key information – Microsoft Corporation
TABLE 115 Key information – IBM Corporation
TABLE 116 Key information – Schneider Electric SE
TABLE 117 Key Information – General Electric (GE) Co.
TABLE 118 Key Information – Cisco Systems, Inc.
TABLE 119 Key Information – NXP Semiconductors N.V.
TABLE 120 Key Information – Texas Instruments, Inc.
TABLE 121 Key Information – Intel Corporation
TABLE 122 Key Information – Qualcomm, Inc.
TABLE 123 Key information – Honeywell International, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Mar – 2021, Sep) Leading Players
FIG 5 SWOT Analysis: Microsoft Corporation
FIG 6 Swot analysis: IBM Corporation
FIG 7 Swot analysis: Schneider Electric SE
FIG 8 Recent strategies and developments: General Electric (GE) Co.
FIG 9 Swot analysis: General electric (GE) Co.
FIG 10 Recent strategies and developments: Cisco Systems, Inc.
FIG 11 SWOT Analysis: Cisco Systems, Inc.
FIG 12 Recent strategies and developments: NXP Semiconductors N.V.
FIG 13 Swot analysis: NXP semiconductors N.V.
FIG 14 SWOT Analysis: Texas Instruments, Inc.
FIG 15 Recent Strategies and Developments: Intel Corporation
FIG 16 SWOT analysis: Intel corporation
FIG 17 Recent strategies and developments: Qualcomm, Inc.
FIG 18 SWOT Analysis: Qualcomm, Inc.
FIG 19 Swot analysis: Honeywell international, inc.