The Europe Internet of Things (IoT) Market would witness market growth of 16.9% CAGR during the forecast period (2021-2027).
IoT is performing an important role in process automation and boosting the operational efficiency of retail stores. It gives energy optimization, supervision and security, inventory optimization, supply chain optimization, and management of the workforce. IoT is also adding on capabilities in cold chain monitoring for temperature-sensitive grocery and pharmaceutical goods. Retailers use IoT to escape security pitfalls and position IoT-enabled systems that can repel blockages in their warehouses and stores. For example, in 2020, RELX based in the UK launched its very first flagship store in China included with facial recognition cameras that can send an alert signal to staff when a suspicious person steps inside the store.
Additionally, IoT is also portioning retailers to offer a much better customer experience, so spooning in gaining profit margins. For example, US-based retailer Walgreens has been doing trials with IoT-permitted displays on refrigerator doors that use face detection technology to demonstrate ads based on approximate age and gender. A significant amount of retailers in Europe are also installing small, customizable, IoT-connected dashboards or buttons to collect feedback from customers and utilize those insights to improve customer experiences
The rapid pace of digitalization across different sector of the regional market would create opportunities for the advanced technologies and solutions like IoT. Germany, the UK, France, Italy, Spain, and the Netherlands comes as driving force for European IoT adoptions, however, Eastern Europe and Nordic countries are lagging closely. To completely endorse an aspiring initiative for collaborative work advancement in microelectronics associated with connected vehicle solutions, the European Commission announced in January 2017 that it had authorized the use of USD 2 billion in public funds from the UK, Germany, France, and Italy.
The Germany market dominated the Europe Internet of Things (IoT) Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $50,672 million by 2027. The UK market is anticipated to grow at a CAGR of 15.9% during (2021 - 2027). Additionally, The France market would display a CAGR of 17.7% during (2021 - 2027).
Based on Component, the market is segmented into Solution and Services. Based on Technology, the market is segmented into Network Communications, Radiofrequency Identification, Near-field Communication, Data Processing, and Others. Based on Platform, the market is segmented into Network Management, Device Management, and Application Management. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on Organization Size, the market is segmented into Large Enterprises, and Small & Medium Enterprises (SMEs). Based on Vertical, the market is segmented into Manufacturing, Retail, E-commerce, & Consumer Electronics, Telecom & IT, Transportation & Logistics, and Healthcare & Life Sciences. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Internet of Things (IoT) Market Size will Hit $806.3 Billion by 2027, at a CAGR of 17.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, IBM Corporation, Oracle Corporation, Microsoft Corporation, SAP SE, Google LLC, Amazon Web Services, Inc. (Amazon.com, Inc.), Cisco Systems, Inc., Intel Corporation, and Qualcomm, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Technology
- Network Communications
- Radiofrequency Identification
- Near-field Communication
- Data Processing
- Others
By Deployment Mode
By Organization Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
By Vertical
- Manufacturing
- Retail, E-commerce, & Consumer Electronics
- Telecom & IT
- Transportation & Logistics
- Healthcare & Life Sciences
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Siemens AG
- IBM Corporation
- Oracle Corporation
- Microsoft Corporation
- SAP SE
- Google LLC
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Cisco Systems, Inc.
- Intel Corporation
- Qualcomm, Inc.
TABLE 1 Europe Internet of Things (IoT) Market, 2017 - 2020, USD Million
TABLE 2 Europe Internet of Things (IoT) Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Internet of Things (IoT) Market
TABLE 4 Product Launches And Product Expansions– Internet of Things (IoT) Market
TABLE 5 Acquisition and Mergers– Internet of Things (IoT) Market
TABLE 6 Europe Internet of Things (IoT) Market by Component, 2017 - 2020, USD Million
TABLE 7 Europe Internet of Things (IoT) Market by Component, 2021 - 2027, USD Million
TABLE 8 Europe Solution Market by Country, 2017 - 2020, USD Million
TABLE 9 Europe Solution Market by Country, 2021 - 2027, USD Million
TABLE 10 Europe Services Market by Country, 2017 - 2020, USD Million
TABLE 11 Europe Services Market by Country, 2021 - 2027, USD Million
TABLE 12 Europe Internet of Things (IoT) Market by Technology, 2017 - 2020, USD Million
TABLE 13 Europe Internet of Things (IoT) Market by Technology, 2021 - 2027, USD Million
TABLE 14 Europe Network Communications Market by Country, 2017 - 2020, USD Million
TABLE 15 Europe Network Communications Market by Country, 2021 - 2027, USD Million
TABLE 16 Europe Radiofrequency Identification Market by Country, 2017 - 2020, USD Million
TABLE 17 Europe Radiofrequency Identification Market by Country, 2021 - 2027, USD Million
TABLE 18 Europe Near-field Communication Market by Country, 2017 - 2020, USD Million
TABLE 19 Europe Near-field Communication Market by Country, 2021 - 2027, USD Million
TABLE 20 Europe Data Processing Market by Country, 2017 - 2020, USD Million
TABLE 21 Europe Data Processing Market by Country, 2021 - 2027, USD Million
TABLE 22 Europe Others Market by Country, 2017 - 2020, USD Million
TABLE 23 Europe Others Market by Country, 2021 - 2027, USD Million
TABLE 24 Europe Internet of Things (IoT) Market by Platform, 2017 - 2020, USD Million
TABLE 25 Europe Internet of Things (IoT) Market by Platform, 2021 - 2027, USD Million
TABLE 26 Europe Network Management Market by Country, 2017 - 2020, USD Million
TABLE 27 Europe Network Management Market by Country, 2021 - 2027, USD Million
TABLE 28 Europe Device Management Market by Country, 2017 - 2020, USD Million
TABLE 29 Europe Device Management Market by Country, 2021 - 2027, USD Million
TABLE 30 Europe Application Management Market by Country, 2017 - 2020, USD Million
TABLE 31 Europe Application Management Market by Country, 2021 - 2027, USD Million
TABLE 32 Europe Internet of Things (IoT) Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 33 Europe Internet of Things (IoT) Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 34 Europe On-premise Market by Country, 2017 - 2020, USD Million
TABLE 35 Europe On-premise Market by Country, 2021 - 2027, USD Million
TABLE 36 Europe Cloud Market by Country, 2017 - 2020, USD Million
TABLE 37 Europe Cloud Market by Country, 2021 - 2027, USD Million
TABLE 38 Europe Internet of Things (IoT) Market by Organization Size, 2017 - 2020, USD Million
TABLE 39 Europe Internet of Things (IoT) Market by Organization Size, 2021 - 2027, USD Million
TABLE 40 Europe Large Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 41 Europe Large Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 42 Europe Small & Medium Enterprises (SMEs) Market by Country, 2017 - 2020, USD Million
TABLE 43 Europe Small & Medium Enterprises (SMEs) Market by Country, 2021 - 2027, USD Million
TABLE 44 Europe Internet of Things (IoT) Market by Vertical, 2017 - 2020, USD Million
TABLE 45 Europe Internet of Things (IoT) Market by Vertical, 2021 - 2027, USD Million
TABLE 46 Europe Manufacturing Market by Country, 2017 - 2020, USD Million
TABLE 47 Europe Manufacturing Market by Country, 2021 - 2027, USD Million
TABLE 48 Europe Retail, E-commerce, & Consumer Electronics Market by Country, 2017 - 2020, USD Million
TABLE 49 Europe Retail, E-commerce, & Consumer Electronics Market by Country, 2021 - 2027, USD Million
TABLE 50 Europe Telecom & IT Market by Country, 2017 - 2020, USD Million
TABLE 51 Europe Telecom & IT Market by Country, 2021 - 2027, USD Million
TABLE 52 Europe Transportation & Logistics Market by Country, 2017 - 2020, USD Million
TABLE 53 Europe Transportation & Logistics Market by Country, 2021 - 2027, USD Million
TABLE 54 Europe Healthcare & Life Sciences Market by Country, 2017 - 2020, USD Million
TABLE 55 Europe Healthcare & Life Sciences Market by Country, 2021 - 2027, USD Million
TABLE 56 Europe Energy & Utility Market by Country, 2017 - 2020, USD Million
TABLE 57 Europe Energy & Utility Market by Country, 2021 - 2027, USD Million
TABLE 58 Europe Others Market by Country, 2017 - 2020, USD Million
TABLE 59 Europe Others Market by Country, 2021 - 2027, USD Million
TABLE 60 Europe Internet of Things (IoT) Market by Country, 2017 - 2020, USD Million
TABLE 61 Europe Internet of Things (IoT) Market by Country, 2021 - 2027, USD Million
TABLE 62 Germany Internet of Things (IoT) Market, 2017 - 2020, USD Million
TABLE 63 Germany Internet of Things (IoT) Market, 2021 - 2027, USD Million
TABLE 64 Germany Internet of Things (IoT) Market by Component, 2017 - 2020, USD Million
TABLE 65 Germany Internet of Things (IoT) Market by Component, 2021 - 2027, USD Million
TABLE 66 Germany Internet of Things (IoT) Market by Technology, 2017 - 2020, USD Million
TABLE 67 Germany Internet of Things (IoT) Market by Technology, 2021 - 2027, USD Million
TABLE 68 Germany Internet of Things (IoT) Market by Platform, 2017 - 2020, USD Million
TABLE 69 Germany Internet of Things (IoT) Market by Platform, 2021 - 2027, USD Million
TABLE 70 Germany Internet of Things (IoT) Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 71 Germany Internet of Things (IoT) Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 72 Germany Internet of Things (IoT) Market by Organization Size, 2017 - 2020, USD Million
TABLE 73 Germany Internet of Things (IoT) Market by Organization Size, 2021 - 2027, USD Million
TABLE 74 Germany Internet of Things (IoT) Market by Vertical, 2017 - 2020, USD Million
TABLE 75 Germany Internet of Things (IoT) Market by Vertical, 2021 - 2027, USD Million
TABLE 76 UK Internet of Things (IoT) Market, 2017 - 2020, USD Million
TABLE 77 UK Internet of Things (IoT) Market, 2021 - 2027, USD Million
TABLE 78 UK Internet of Things (IoT) Market by Component, 2017 - 2020, USD Million
TABLE 79 UK Internet of Things (IoT) Market by Component, 2021 - 2027, USD Million
TABLE 80 UK Internet of Things (IoT) Market by Technology, 2017 - 2020, USD Million
TABLE 81 UK Internet of Things (IoT) Market by Technology, 2021 - 2027, USD Million
TABLE 82 UK Internet of Things (IoT) Market by Platform, 2017 - 2020, USD Million
TABLE 83 UK Internet of Things (IoT) Market by Platform, 2021 - 2027, USD Million
TABLE 84 UK Internet of Things (IoT) Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 85 UK Internet of Things (IoT) Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 86 UK Internet of Things (IoT) Market by Organization Size, 2017 - 2020, USD Million
TABLE 87 UK Internet of Things (IoT) Market by Organization Size, 2021 - 2027, USD Million
TABLE 88 UK Internet of Things (IoT) Market by Vertical, 2017 - 2020, USD Million
TABLE 89 UK Internet of Things (IoT) Market by Vertical, 2021 - 2027, USD Million
TABLE 90 France Internet of Things (IoT) Market, 2017 - 2020, USD Million
TABLE 91 France Internet of Things (IoT) Market, 2021 - 2027, USD Million
TABLE 92 France Internet of Things (IoT) Market by Component, 2017 - 2020, USD Million
TABLE 93 France Internet of Things (IoT) Market by Component, 2021 - 2027, USD Million
TABLE 94 France Internet of Things (IoT) Market by Technology, 2017 - 2020, USD Million
TABLE 95 France Internet of Things (IoT) Market by Technology, 2021 - 2027, USD Million
TABLE 96 France Internet of Things (IoT) Market by Platform, 2017 - 2020, USD Million
TABLE 97 France Internet of Things (IoT) Market by Platform, 2021 - 2027, USD Million
TABLE 98 France Internet of Things (IoT) Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 99 France Internet of Things (IoT) Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 100 France Internet of Things (IoT) Market by Organization Size, 2017 - 2020, USD Million
TABLE 101 France Internet of Things (IoT) Market by Organization Size, 2021 - 2027, USD Million
TABLE 102 France Internet of Things (IoT) Market by Vertical, 2017 - 2020, USD Million
TABLE 103 France Internet of Things (IoT) Market by Vertical, 2021 - 2027, USD Million
TABLE 104 Russia Internet of Things (IoT) Market, 2017 - 2020, USD Million
TABLE 105 Russia Internet of Things (IoT) Market, 2021 - 2027, USD Million
TABLE 106 Russia Internet of Things (IoT) Market by Component, 2017 - 2020, USD Million
TABLE 107 Russia Internet of Things (IoT) Market by Component, 2021 - 2027, USD Million
TABLE 108 Russia Internet of Things (IoT) Market by Technology, 2017 - 2020, USD Million
TABLE 109 Russia Internet of Things (IoT) Market by Technology, 2021 - 2027, USD Million
TABLE 110 Russia Internet of Things (IoT) Market by Platform, 2017 - 2020, USD Million
TABLE 111 Russia Internet of Things (IoT) Market by Platform, 2021 - 2027, USD Million
TABLE 112 Russia Internet of Things (IoT) Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 113 Russia Internet of Things (IoT) Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 114 Russia Internet of Things (IoT) Market by Organization Size, 2017 - 2020, USD Million
TABLE 115 Russia Internet of Things (IoT) Market by Organization Size, 2021 - 2027, USD Million
TABLE 116 Russia Internet of Things (IoT) Market by Vertical, 2017 - 2020, USD Million
TABLE 117 Russia Internet of Things (IoT) Market by Vertical, 2021 - 2027, USD Million
TABLE 118 Spain Internet of Things (IoT) Market, 2017 - 2020, USD Million
TABLE 119 Spain Internet of Things (IoT) Market, 2021 - 2027, USD Million
TABLE 120 Spain Internet of Things (IoT) Market by Component, 2017 - 2020, USD Million
TABLE 121 Spain Internet of Things (IoT) Market by Component, 2021 - 2027, USD Million
TABLE 122 Spain Internet of Things (IoT) Market by Technology, 2017 - 2020, USD Million
TABLE 123 Spain Internet of Things (IoT) Market by Technology, 2021 - 2027, USD Million
TABLE 124 Spain Internet of Things (IoT) Market by Platform, 2017 - 2020, USD Million
TABLE 125 Spain Internet of Things (IoT) Market by Platform, 2021 - 2027, USD Million
TABLE 126 Spain Internet of Things (IoT) Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 127 Spain Internet of Things (IoT) Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 128 Spain Internet of Things (IoT) Market by Organization Size, 2017 - 2020, USD Million
TABLE 129 Spain Internet of Things (IoT) Market by Organization Size, 2021 - 2027, USD Million
TABLE 130 Spain Internet of Things (IoT) Market by Vertical, 2017 - 2020, USD Million
TABLE 131 Spain Internet of Things (IoT) Market by Vertical, 2021 - 2027, USD Million
TABLE 132 Italy Internet of Things (IoT) Market, 2017 - 2020, USD Million
TABLE 133 Italy Internet of Things (IoT) Market, 2021 - 2027, USD Million
TABLE 134 Italy Internet of Things (IoT) Market by Component, 2017 - 2020, USD Million
TABLE 135 Italy Internet of Things (IoT) Market by Component, 2021 - 2027, USD Million
TABLE 136 Italy Internet of Things (IoT) Market by Technology, 2017 - 2020, USD Million
TABLE 137 Italy Internet of Things (IoT) Market by Technology, 2021 - 2027, USD Million
TABLE 138 Italy Internet of Things (IoT) Market by Platform, 2017 - 2020, USD Million
TABLE 139 Italy Internet of Things (IoT) Market by Platform, 2021 - 2027, USD Million
TABLE 140 Italy Internet of Things (IoT) Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 141 Italy Internet of Things (IoT) Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 142 Italy Internet of Things (IoT) Market by Organization Size, 2017 - 2020, USD Million
TABLE 143 Italy Internet of Things (IoT) Market by Organization Size, 2021 - 2027, USD Million
TABLE 144 Italy Internet of Things (IoT) Market by Vertical, 2017 - 2020, USD Million
TABLE 145 Italy Internet of Things (IoT) Market by Vertical, 2021 - 2027, USD Million
TABLE 146 Rest of Europe Internet of Things (IoT) Market, 2017 - 2020, USD Million
TABLE 147 Rest of Europe Internet of Things (IoT) Market, 2021 - 2027, USD Million
TABLE 148 Rest of Europe Internet of Things (IoT) Market by Component, 2017 - 2020, USD Million
TABLE 149 Rest of Europe Internet of Things (IoT) Market by Component, 2021 - 2027, USD Million
TABLE 150 Rest of Europe Internet of Things (IoT) Market by Technology, 2017 - 2020, USD Million
TABLE 151 Rest of Europe Internet of Things (IoT) Market by Technology, 2021 - 2027, USD Million
TABLE 152 Rest of Europe Internet of Things (IoT) Market by Platform, 2017 - 2020, USD Million
TABLE 153 Rest of Europe Internet of Things (IoT) Market by Platform, 2021 - 2027, USD Million
TABLE 154 Rest of Europe Internet of Things (IoT) Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 155 Rest of Europe Internet of Things (IoT) Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 156 Rest of Europe Internet of Things (IoT) Market by Organization Size, 2017 - 2020, USD Million
TABLE 157 Rest of Europe Internet of Things (IoT) Market by Organization Size, 2021 - 2027, USD Million
TABLE 158 Rest of Europe Internet of Things (IoT) Market by Vertical, 2017 - 2020, USD Million
TABLE 159 Rest of Europe Internet of Things (IoT) Market by Vertical, 2021 - 2027, USD Million
TABLE 160 Key Information – Siemens AG
TABLE 161 Key information – IBM Corporation
TABLE 162 Key Information – Oracle Corporation
TABLE 163 key information – Microsoft Corporation
TABLE 164 Key Information – SAP SE
TABLE 165 Key Information – Google LLC
TABLE 166 Key Information – Amazon Web Services, Inc.
TABLE 167 Key Information – Cisco Systems, Inc.
TABLE 168 Key Information – Intel Corporation
TABLE 169 Key Information – Qualcomm, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Feb – 2022, Jan) Leading Players
FIG 5 Recent strategies and developments: Siemens AG
FIG 6 Swot analysis: IBM Corporation
FIG 7 SWOT analysis: Oracle Corporation
FIG 8 Recent Strategies and developments: Microsoft Corporation
FIG 9 SWOT Analysis: Microsoft Corporation
FIG 10 SWOT Analysis: SAP SE
FIG 11 Recent strategies and developments: Google LLC
FIG 12 Recent strategies and developments: Cisco Systems, Inc.
FIG 13 Recent strategies and developments: Intel Corporation
FIG 14 SWOT analysis: Intel corporation
FIG 15 Recent strategies and developments: Qualcomm, Inc.
FIG 16 SWOT Analysis: Qualcomm, Inc.