KEY FINDINGS European Internet of things (IoT) Integration market is projected to exhibit a CAGR rise of 34.31% between the years 2017-2025. The revenue collections of the market are also projected to increase from $168 million in 2016 and reach $2367 million by the end of 2025.
MARKET INSIGHTS Europe IOT integration market is widely applied in industrial automation sector for minimizing operating costs when automation devices, sensors, and actuators become internet-enabled devices. IOT integration services and solutions are hailed as a game changer in the automotive sector, especially in Germany. However, the overall complexity related to IOT integration might prove challenging for the market growth in the coming years.
COMPETITIVE INSIGHTS Mulesoft Inc, Allerin, Infosys Limited, Smartbear Software, Deloitte Touche Tohmatsu Limited, Phitomas, Intel Corporation, Softdel, Atos Se, HCL Technologies Limited, Accenture Plc, Tibbo Systems, Meshed Group, Ayla Networks Inc, NTT Data Corporation, International Business Machines Corporation (IBM), Wipro Limited and Cognizant Technology Solutions Corporation, are the major players in this market.