The Europe IoT Professional Services Market would witness market growth of 6.5% CAGR during the forecast period (2022-2028).
The need for IoT professional services has increased due to the rising demand for linked devices worldwide to ensure that connected devices operate correctly. In addition, professional IoT services help manage device vulnerabilities, provide constant connectivity, order the internet, and solve data security risks related to using connected devices. These factors contribute to the worldwide IoT professional services market's increasing demand.
Companies can increase the effectiveness of their operational processes with the help of the Internet of Things (IoT), a critical digital transformation technology. The technologies that are the driving forces include edge computing, cloud computing, and big data analytics. To meet the growing demand for the digital transformation of enterprises, IoT professional service providers were obliged to restructure their current IoT professional service offerings.
The policy framework was modified in 2018 with the Energy Efficiency Directive Amended for 2030 and Beyond. By establishing energy efficiency obligation schemes (EEOS) or implementing alternative policy measures, EU countries will be mandated to achieve new end-use energy savings of at least 0.8% of their final energy consumption annually after 2020 under the revised Article 7. The main justification for deciding to implement an EEOS is that energy providers, retailers, and distributors are in the best position to discover and realize energy savings for end users by implementing measures that enhance end-use energy efficiency.
The Germany market dominated the Europe IoT Professional Services Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $10,982 million by 2028. The UK market is anticipated to grow at a CAGR of 5.6% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 7.3% during (2022 - 2028).
Based on Type, the market is segmented into IoT Consulting, System Designing & Integration, Support & Maintenance, IoT Infrastructure, and Education & Training. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Deployment Type, the market is segmented into On-Premises and Cloud. Based on Application, the market is segmented into Smart Manufacturing, Smart Transport & Logistics, Smart Energy, Smart Healthcare, Smart Retail, and Smart Buildings. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global IoT Professional Services Market will Hit $170.7 Billion by 2028, at a CAGR of 6.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Accenture PLC, Cognizant Technology Solutions Corporation, IBM Corporation, Oracle Corporation, Tata Consultancy Services Ltd., NTT Data Corporation, Infosys Limited, Atos Group, Capgemini SE, and DXC Technology Company.
Scope of the Study
Market Segments Covered in the Report:
By Type
- IoT Consulting
- System Designing & Integration
- Support & Maintenance
- IoT Infrastructure
- Education & Training
By Organization Size
By Deployment Type
By Application
- Smart Manufacturing
- Smart Transport & Logistics
- Smart Energy
- Smart Healthcare
- Smart Retail
- Smart Buildings
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Accenture PLC
- Cognizant Technology Solutions Corporation
- IBM Corporation
- Oracle Corporation
- Tata Consultancy Services Ltd.
- NTT Data Corporation
- Infosys Limited
- Atos Group
- Capgemini SE
- DXC Technology Company
TABLE 1 Europe IoT Professional Services Market, 2018 - 2021, USD Million
TABLE 2 Europe IoT Professional Services Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– IoT Professional Services Market
TABLE 4 Product Launches And Product Expansions– IoT Professional Services Market
TABLE 5 Acquisition and Mergers– IoT Professional Services Market
TABLE 6 Europe IoT Professional Services Market by Type, 2018 - 2021, USD Million
TABLE 7 Europe IoT Professional Services Market by Type, 2022 - 2028, USD Million
TABLE 8 Europe IoT Consulting Market by Country, 2018 - 2021, USD Million
TABLE 9 Europe IoT Consulting Market by Country, 2022 - 2028, USD Million
TABLE 10 Europe System Designing & Integration Market by Country, 2018 - 2021, USD Million
TABLE 11 Europe System Designing & Integration Market by Country, 2022 - 2028, USD Million
TABLE 12 Europe Support & Maintenance Market by Country, 2018 - 2021, USD Million
TABLE 13 Europe Support & Maintenance Market by Country, 2022 - 2028, USD Million
TABLE 14 Europe IoT Infrastructure Market by Country, 2018 - 2021, USD Million
TABLE 15 Europe IoT Infrastructure Market by Country, 2022 - 2028, USD Million
TABLE 16 Europe Education & Training Market by Country, 2018 - 2021, USD Million
TABLE 17 Europe Education & Training Market by Country, 2022 - 2028, USD Million
TABLE 18 Europe IoT Professional Services Market by Organization Size, 2018 - 2021, USD Million
TABLE 19 Europe IoT Professional Services Market by Organization Size, 2022 - 2028, USD Million
TABLE 20 Europe Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 21 Europe Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 22 Europe SMEs Market by Country, 2018 - 2021, USD Million
TABLE 23 Europe SMEs Market by Country, 2022 - 2028, USD Million
TABLE 24 Europe IoT Professional Services Market by Deployment Type, 2018 - 2021, USD Million
TABLE 25 Europe IoT Professional Services Market by Deployment Type, 2022 - 2028, USD Million
TABLE 26 Europe On-Premises Market by Country, 2018 - 2021, USD Million
TABLE 27 Europe On-Premises Market by Country, 2022 - 2028, USD Million
TABLE 28 Europe Cloud Market by Country, 2018 - 2021, USD Million
TABLE 29 Europe Cloud Market by Country, 2022 - 2028, USD Million
TABLE 30 Europe IoT Professional Services Market by Application, 2018 - 2021, USD Million
TABLE 31 Europe IoT Professional Services Market by Application, 2022 - 2028, USD Million
TABLE 32 Europe Smart Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 33 Europe Smart Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 34 Europe Smart Transport & Logistics Market by Country, 2018 - 2021, USD Million
TABLE 35 Europe Smart Transport & Logistics Market by Country, 2022 - 2028, USD Million
TABLE 36 Europe Smart Energy Market by Country, 2018 - 2021, USD Million
TABLE 37 Europe Smart Energy Market by Country, 2022 - 2028, USD Million
TABLE 38 Europe Smart Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 39 Europe Smart Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 40 Europe Smart Retail Market by Country, 2018 - 2021, USD Million
TABLE 41 Europe Smart Retail Market by Country, 2022 - 2028, USD Million
TABLE 42 Europe Smart Buildings Market by Country, 2018 - 2021, USD Million
TABLE 43 Europe Smart Buildings Market by Country, 2022 - 2028, USD Million
TABLE 44 Europe IoT Professional Services Market by Country, 2018 - 2021, USD Million
TABLE 45 Europe IoT Professional Services Market by Country, 2022 - 2028, USD Million
TABLE 46 Germany IoT Professional Services Market, 2018 - 2021, USD Million
TABLE 47 Germany IoT Professional Services Market, 2022 - 2028, USD Million
TABLE 48 Germany IoT Professional Services Market by Type, 2018 - 2021, USD Million
TABLE 49 Germany IoT Professional Services Market by Type, 2022 - 2028, USD Million
TABLE 50 Germany IoT Professional Services Market by Organization Size, 2018 - 2021, USD Million
TABLE 51 Germany IoT Professional Services Market by Organization Size, 2022 - 2028, USD Million
TABLE 52 Germany IoT Professional Services Market by Deployment Type, 2018 - 2021, USD Million
TABLE 53 Germany IoT Professional Services Market by Deployment Type, 2022 - 2028, USD Million
TABLE 54 Germany IoT Professional Services Market by Application, 2018 - 2021, USD Million
TABLE 55 Germany IoT Professional Services Market by Application, 2022 - 2028, USD Million
TABLE 56 UK IoT Professional Services Market, 2018 - 2021, USD Million
TABLE 57 UK IoT Professional Services Market, 2022 - 2028, USD Million
TABLE 58 UK IoT Professional Services Market by Type, 2018 - 2021, USD Million
TABLE 59 UK IoT Professional Services Market by Type, 2022 - 2028, USD Million
TABLE 60 UK IoT Professional Services Market by Organization Size, 2018 - 2021, USD Million
TABLE 61 UK IoT Professional Services Market by Organization Size, 2022 - 2028, USD Million
TABLE 62 UK IoT Professional Services Market by Deployment Type, 2018 - 2021, USD Million
TABLE 63 UK IoT Professional Services Market by Deployment Type, 2022 - 2028, USD Million
TABLE 64 UK IoT Professional Services Market by Application, 2018 - 2021, USD Million
TABLE 65 UK IoT Professional Services Market by Application, 2022 - 2028, USD Million
TABLE 66 France IoT Professional Services Market, 2018 - 2021, USD Million
TABLE 67 France IoT Professional Services Market, 2022 - 2028, USD Million
TABLE 68 France IoT Professional Services Market by Type, 2018 - 2021, USD Million
TABLE 69 France IoT Professional Services Market by Type, 2022 - 2028, USD Million
TABLE 70 France IoT Professional Services Market by Organization Size, 2018 - 2021, USD Million
TABLE 71 France IoT Professional Services Market by Organization Size, 2022 - 2028, USD Million
TABLE 72 France IoT Professional Services Market by Deployment Type, 2018 - 2021, USD Million
TABLE 73 France IoT Professional Services Market by Deployment Type, 2022 - 2028, USD Million
TABLE 74 France IoT Professional Services Market by Application, 2018 - 2021, USD Million
TABLE 75 France IoT Professional Services Market by Application, 2022 - 2028, USD Million
TABLE 76 Russia IoT Professional Services Market, 2018 - 2021, USD Million
TABLE 77 Russia IoT Professional Services Market, 2022 - 2028, USD Million
TABLE 78 Russia IoT Professional Services Market by Type, 2018 - 2021, USD Million
TABLE 79 Russia IoT Professional Services Market by Type, 2022 - 2028, USD Million
TABLE 80 Russia IoT Professional Services Market by Organization Size, 2018 - 2021, USD Million
TABLE 81 Russia IoT Professional Services Market by Organization Size, 2022 - 2028, USD Million
TABLE 82 Russia IoT Professional Services Market by Deployment Type, 2018 - 2021, USD Million
TABLE 83 Russia IoT Professional Services Market by Deployment Type, 2022 - 2028, USD Million
TABLE 84 Russia IoT Professional Services Market by Application, 2018 - 2021, USD Million
TABLE 85 Russia IoT Professional Services Market by Application, 2022 - 2028, USD Million
TABLE 86 Spain IoT Professional Services Market, 2018 - 2021, USD Million
TABLE 87 Spain IoT Professional Services Market, 2022 - 2028, USD Million
TABLE 88 Spain IoT Professional Services Market by Type, 2018 - 2021, USD Million
TABLE 89 Spain IoT Professional Services Market by Type, 2022 - 2028, USD Million
TABLE 90 Spain IoT Professional Services Market by Organization Size, 2018 - 2021, USD Million
TABLE 91 Spain IoT Professional Services Market by Organization Size, 2022 - 2028, USD Million
TABLE 92 Spain IoT Professional Services Market by Deployment Type, 2018 - 2021, USD Million
TABLE 93 Spain IoT Professional Services Market by Deployment Type, 2022 - 2028, USD Million
TABLE 94 Spain IoT Professional Services Market by Application, 2018 - 2021, USD Million
TABLE 95 Spain IoT Professional Services Market by Application, 2022 - 2028, USD Million
TABLE 96 Italy IoT Professional Services Market, 2018 - 2021, USD Million
TABLE 97 Italy IoT Professional Services Market, 2022 - 2028, USD Million
TABLE 98 Italy IoT Professional Services Market by Type, 2018 - 2021, USD Million
TABLE 99 Italy IoT Professional Services Market by Type, 2022 - 2028, USD Million
TABLE 100 Italy IoT Professional Services Market by Organization Size, 2018 - 2021, USD Million
TABLE 101 Italy IoT Professional Services Market by Organization Size, 2022 - 2028, USD Million
TABLE 102 Italy IoT Professional Services Market by Deployment Type, 2018 - 2021, USD Million
TABLE 103 Italy IoT Professional Services Market by Deployment Type, 2022 - 2028, USD Million
TABLE 104 Italy IoT Professional Services Market by Application, 2018 - 2021, USD Million
TABLE 105 Italy IoT Professional Services Market by Application, 2022 - 2028, USD Million
TABLE 106 Rest of Europe IoT Professional Services Market, 2018 - 2021, USD Million
TABLE 107 Rest of Europe IoT Professional Services Market, 2022 - 2028, USD Million
TABLE 108 Rest of Europe IoT Professional Services Market by Type, 2018 - 2021, USD Million
TABLE 109 Rest of Europe IoT Professional Services Market by Type, 2022 - 2028, USD Million
TABLE 110 Rest of Europe IoT Professional Services Market by Organization Size, 2018 - 2021, USD Million
TABLE 111 Rest of Europe IoT Professional Services Market by Organization Size, 2022 - 2028, USD Million
TABLE 112 Rest of Europe IoT Professional Services Market by Deployment Type, 2018 - 2021, USD Million
TABLE 113 Rest of Europe IoT Professional Services Market by Deployment Type, 2022 - 2028, USD Million
TABLE 114 Rest of Europe IoT Professional Services Market by Application, 2018 - 2021, USD Million
TABLE 115 Rest of Europe IoT Professional Services Market by Application, 2022 - 2028, USD Million
TABLE 116 Key information – Accenture PLC
TABLE 117 Key information – IBM Corporation
TABLE 118 Key Information – Cognizant Technology Solutions Corporation
TABLE 119 Key Information – Oracle Corporation
TABLE 120 Key Information – Tata Consultancy Services Ltd.
TABLE 121 Key Information – NTT Data Corporation
TABLE 122 Key Information – Infosys Limited
TABLE 123 key information – Atos Group
TABLE 124 Key Information – Capgemini SE
TABLE 125 key information – DXC Technology Company
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 (2018-2022)
FIG 5 Key Strategic Move: (Acquisition and Mergers: 2018, Oct – 2022, Sep) Leading Players
FIG 6 Recent strategies and developments: Accenture PLC
FIG 7 Swot analysis: Accenture plc
FIG 8 Recent strategies and developments: IBM Corporation
FIG 9 Swot analysis: IBM Corporation
FIG 10 Swot analysis: cognizant technology solutions corporation
FIG 11 SWOT analysis: Oracle Corporation
FIG 12 SWOT Analysis: Tata Consultancy Services Ltd.
FIG 13 SWOT Analysis: NTT Data Corporation
FIG 14 Recent strategies and developments: Infosys Limited
FIG 15 SWOT Analysis: Infosys Limited
FIG 16 Recent strategies and developments: Atos Group
FIG 17 SWOT Analysis: Atos Group