
Europe Blockchain IoT Market Size, Share & Industry Trends Analysis Report By Application, By Vertical, By Component, By Organization Size (Large Enterprises, and SMEs), By Country and Growth Forecast, 2023 - 2030
Description
Europe Blockchain IoT Market Size, Share & Industry Trends Analysis Report By Application, By Vertical, By Component, By Organization Size (Large Enterprises, and SMEs), By Country and Growth Forecast, 2023 - 2030
The Europe Blockchain IoT Market would witness market growth of 57.0% CAGR during the forecast period (2023-2030).
The market has grown in popularity due to the quick advancement of technology and the communication network. Furthermore, the blockchain uses the IoT platform through a peer-to-peer network to provide transparency & security in decentralized networks, and cryptographic encryption power the blockchain. The adoption of blockchain technology has been prompted by the development in the number of Internet of Things (IoT) devices and connections that are susceptible to cybercrime. A few advantages of blockchain IoT include rapid data transformation, reduced prices, greater privacy, and effective logistics, insurance, and supply chain.
A combination of innovations can bolster privacy agreements and enhance the security of communications. A significant advantage of blockchain IoT is having a reliable ledger that documents all transactions and lists with access & transacting. Enterprises that utilize blockchain IoT often rely on security measures that include device authentication, but this is just a small part. Several security layers must be built to prevent unauthorized access or limit access if a bad actor is discovered to ensure security fully.
The European Commission has significant policy, legal and regulatory, and funding support for blockchain technology. Building a pan-European public services blockchain, promoting legal certainty, promoting blockchain for sustainability, increasing funding for research and innovation, supporting interoperability and standards, supporting blockchain skills development, and interacting with the community are the most important aspects of its blockchain strategy. Through grants and enabling investments, the EU provides funding for blockchain research and innovation. Through the Horizon program, grants are distributed.
Horizon 2020 received approximately €180 million in grants from the Commission between 2016 and 2019. The successor to Horizon, Horizon Europe, is anticipated to have a significant budget for additional grants. By means of the new artificial intelligence (AI) and blockchain investment fund, which makes investments in venture capital funds targeting AI and blockchain startups and early- stage ventures, the Commission encourages investment in blockchain startups and projects. As a result of this wide acceptance of blockchain technology across the region, the market is estimated to have significant growth.
The Germany market dominated the Europe Blockchain IoT Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $802.3 million by 2030. The UK market is registering a CAGR of 55.6% during (2023 - 2030). Additionally, The France market would exhibit a CAGR of 58.1% during (2023 - 2030).
Based on Application, the market is segmented into Smart Contracts, Data Security. Asset Tracking & Management, and Others. Based on Vertical, the market is segmented into Transportation & Logistics, Consumer Electronics, Manufacturing, Healthcare, Retail, Smart City, and Others. Based on Component, the market is segmented into Software & Platform, Hardware, and Services. Based on Organization Size, the market is segmented into Large Enterprises, and SMEs. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Amazon.com, Inc., Intel Corporation, Microsoft Corporation, Cisco Systems, Inc., The Linux Foundation, KrypC Technologies, IoTeX, ArcTouch LLC (AKQA Group) (WPP plc), and R3 LLC.
Scope of the Study
Market Segments covered in the Report:
By Application
- Smart Contracts
- Data Security
- Asset Tracking & Management
- Others
- Transportation & Logistics
- Consumer Electronics
- Manufacturing
- Healthcare
- Retail
- Smart City
- Others
- Software & Platform
- Hardware
- Services
- Large Enterprises
- SMEs
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- IBM Corporation
- Amazon.com, Inc.
- Intel Corporation
- Microsoft Corporation
- Cisco Systems, Inc.
- The Linux Foundation
- KrypC Technologies
- IoTeX
- ArcTouch LLC (AKQA Group) (WPP plc)
- R3 LLC
- Exhaustive coverage
- Highest number of market tables and figures
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- Assured post sales research support with 10% customization free
Table of Contents
138 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Blockchain IoT Market, by Application
- 1.4.2 Europe Blockchain IoT Market, by Vertical
- 1.4.3 Europe Blockchain IoT Market, by Component
- 1.4.4 Europe Blockchain IoT Market, by Organization Size
- 1.4.5 Europe Blockchain IoT Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market At a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.3 Porter’s Five Forces Analysis
- Chapter 4. Strategies Deployed in Blockchain IoT Market
- Chapter 5. Europe Blockchain IoT Market by Application
- 5.1 Europe Smart Contracts Market by Country
- 5.2 Europe Data Security Market by Country
- 5.3 Europe Asset Tracking & Management Market by Country
- 5.4 Europe Others Market by Country
- Chapter 6. Europe Blockchain IoT Market by Vertical
- 6.1 Europe Transportation & Logistics Market by Country
- 6.2 Europe Consumer Electronics Market by Country
- 6.3 Europe Manufacturing Market by Country
- 6.4 Europe Healthcare Market by Country
- 6.5 Europe Retail Market by Country
- 6.6 Europe Smart City Market by Country
- 6.7 Europe Others Market by Country
- Chapter 7. Europe Blockchain IoT Market by Component
- 7.1 Europe Software & Platform Market by Country
- 7.2 Europe Hardware Market by Country
- 7.3 Europe Services Market by Country
- Chapter 8. Europe Blockchain IoT Market by Organization Size
- 8.1 Europe Large Enterprises Market by Country
- 8.2 Europe SMEs Market by Country
- Chapter 9. Europe Blockchain IoT Market by Country
- 9.1 Germany Blockchain IoT Market
- 9.1.1 Germany Blockchain IoT Market by Application
- 9.1.2 Germany Blockchain IoT Market by Vertical
- 9.1.3 Germany Blockchain IoT Market by Component
- 9.1.4 Germany Blockchain IoT Market by Organization Size
- 9.2 UK Blockchain IoT Market
- 9.2.1 UK Blockchain IoT Market by Application
- 9.2.2 UK Blockchain IoT Market by Vertical
- 9.2.3 UK Blockchain IoT Market by Component
- 9.2.4 UK Blockchain IoT Market by Organization Size
- 9.3 France Blockchain IoT Market
- 9.3.1 France Blockchain IoT Market by Application
- 9.3.2 France Blockchain IoT Market by Vertical
- 9.3.3 France Blockchain IoT Market by Component
- 9.3.4 France Blockchain IoT Market by Organization Size
- 9.4 Russia Blockchain IoT Market
- 9.4.1 Russia Blockchain IoT Market by Application
- 9.4.2 Russia Blockchain IoT Market by Vertical
- 9.4.3 Russia Blockchain IoT Market by Component
- 9.4.4 Russia Blockchain IoT Market by Organization Size
- 9.5 Spain Blockchain IoT Market
- 9.5.1 Spain Blockchain IoT Market by Application
- 9.5.2 Spain Blockchain IoT Market by Vertical
- 9.5.3 Spain Blockchain IoT Market by Component
- 9.5.4 Spain Blockchain IoT Market by Organization Size
- 9.6 Italy Blockchain IoT Market
- 9.6.1 Italy Blockchain IoT Market by Application
- 9.6.2 Italy Blockchain IoT Market by Vertical
- 9.6.3 Italy Blockchain IoT Market by Component
- 9.6.4 Italy Blockchain IoT Market by Organization Size
- 9.7 Rest of Europe Blockchain IoT Market
- 9.7.1 Rest of Europe Blockchain IoT Market by Application
- 9.7.2 Rest of Europe Blockchain IoT Market by Vertical
- 9.7.3 Rest of Europe Blockchain IoT Market by Component
- 9.7.4 Rest of Europe Blockchain IoT Market by Organization Size
- Chapter 10. Company Profiles
- 10.1 IBM Corporation
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Regional & Segmental Analysis
- 10.1.4 Research & Development Expenses
- 10.1.5 Recent strategies and developments:
- 10.1.5.1 Partnerships, Collaborations, and Agreements:
- 10.1.5.2 Product Launches and Product Expansions:
- 10.1.5.3 Acquisition and Mergers:
- 10.1.6 SWOT Analysis
- 10.2 Amazon.com, Inc.
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Segmental Analysis
- 10.2.4 Recent strategies and developments:
- 10.2.4.1 Partnerships, Collaborations, and Agreements:
- 10.2.4.2 Product Launches and Product Expansions:
- 10.2.5 SWOT Analysis
- 10.3 Intel Corporation
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Segmental and Regional Analysis
- 10.3.4 Research & Development Expenses
- 10.3.5 Recent strategies and developments:
- 10.3.5.1 Product Launches and Product Expansions:
- 10.3.6 SWOT Analysis
- 10.4 Microsoft Corporation
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental and Regional Analysis
- 10.4.4 Research & Development Expenses
- 10.4.5 Recent strategies and developments:
- 10.4.5.1 Partnerships, Collaborations, and Agreements:
- 10.4.6 SWOT Analysis
- 10.5 Cisco Systems, Inc.
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Regional Analysis
- 10.5.4 Research & Development Expense
- 10.5.5 SWOT Analysis
- 10.6 The Linux Foundation
- 10.6.1 Company Overview
- 10.6.2 Recent strategies and developments:
- 10.6.2.1 Partnerships, Collaborations, and Agreements:
- 10.6.3 SWOT Analysis
- 10.7 KrypC Technologies
- 10.7.1 Company Overview
- 10.7.2 SWOT Analysis
- 10.8 IoTeX
- 10.8.1 Company Overview
- 10.8.2 SWOT Analysis
- 10.9 ArcTouch LLC (AKQA Group) (WPP plc)
- 10.9.1 Company Overview
- 10.9.2 SWOT Analysis
- 10.10. R3 LLC
- 10.10.1 Company Overview
- 10.10.2 SWOT Analysis
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