
Europe Internet of Things (IoT) Market Size, Share & Industry Trends Analysis Report By Component, By Technology, By Platform, By Deployment Mode, By Organization Size, By Vertical, By Country and Growth Forecast, 2021 - 2027
Description
Europe Internet of Things (IoT) Market Size, Share & Industry Trends Analysis Report By Component, By Technology, By Platform, By Deployment Mode, By Organization Size, By Vertical, By Country and Growth Forecast, 2021 - 2027
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.
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
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.
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
- Solution
- Services
- Network Communications
- Radiofrequency Identification
- Near-field Communication
- Data Processing
- Others
- On-premise
- Cloud
- Large Enterprises
- Small & Medium Enterprises (SMEs)
- Manufacturing
- Retail, E-commerce, & Consumer Electronics
- Telecom & IT
- Transportation & Logistics
- Healthcare & Life Sciences
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- 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.
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Table of Contents
159 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Internet of Things (IoT) Market, by Component
- 1.4.2 Europe Internet of Things (IoT) Market, by Technology
- 1.4.3 Europe Internet of Things (IoT) Market, by Deployment Mode
- 1.4.4 Europe Internet of Things (IoT) Market, by Organization Size
- 1.4.5 Europe Internet of Things (IoT) Market, by Vertical
- 1.4.6 Europe Internet of Things (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 - Global
- 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 (2017-2022)
- 3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Feb – 2022, Jan) Leading Players
- Chapter 4. Europe Internet of Things (IoT) Market by Component
- 4.1 Europe Solution Market by Country
- 4.2 Europe Services Market by Country
- Chapter 5. Europe Internet of Things (IoT) Market by Technology
- 5.1 Europe Network Communications Market by Country
- 5.2 Europe Radiofrequency Identification Market by Country
- 5.3 Europe Near-field Communication Market by Country
- 5.4 Europe Data Processing Market by Country
- 5.5 Europe Others Market by Country
- Chapter 6. Europe Internet of Things (IoT) Market by Platform
- 6.1 Europe Network Management Market by Country
- 6.2 Europe Device Management Market by Country
- 6.3 Europe Application Management Market by Country
- Chapter 7. Europe Internet of Things (IoT) Market by Deployment Mode
- 7.1 Europe On-premise Market by Country
- 7.2 Europe Cloud Market by Country
- Chapter 8. Europe Internet of Things (IoT) Market by Organization Size
- 8.1 Europe Large Enterprises Market by Country
- 8.2 Europe Small & Medium Enterprises (SMEs) Market by Country
- Chapter 9. Europe Internet of Things (IoT) Market by Vertical
- 9.1 Europe Manufacturing Market by Country
- 9.2 Europe Retail, E-commerce, & Consumer Electronics Market by Country
- 9.3 Europe Telecom & IT Market by Country
- 9.4 Europe Transportation & Logistics Market by Country
- 9.5 Europe Healthcare & Life Sciences Market by Country
- 9.6 Europe Energy & Utility Market by Country
- 9.7 Europe Others Market by Country
- Chapter 10. Europe Internet of Things (IoT) Market by Country
- 10.1 Germany Internet of Things (IoT) Market
- 10.1.1 Germany Internet of Things (IoT) Market by Component
- 10.1.2 Germany Internet of Things (IoT) Market by Technology
- 10.1.3 Germany Internet of Things (IoT) Market by Platform
- 10.1.4 Germany Internet of Things (IoT) Market by Deployment Mode
- 10.1.5 Germany Internet of Things (IoT) Market by Organization Size
- 10.1.6 Germany Internet of Things (IoT) Market by Vertical
- 10.2 UK Internet of Things (IoT) Market
- 10.2.1 UK Internet of Things (IoT) Market by Component
- 10.2.2 UK Internet of Things (IoT) Market by Technology
- 10.2.3 UK Internet of Things (IoT) Market by Platform
- 10.2.4 UK Internet of Things (IoT) Market by Deployment Mode
- 10.2.5 UK Internet of Things (IoT) Market by Organization Size
- 10.2.6 UK Internet of Things (IoT) Market by Vertical
- 10.3 France Internet of Things (IoT) Market
- 10.3.1 France Internet of Things (IoT) Market by Component
- 10.3.2 France Internet of Things (IoT) Market by Technology
- 10.3.3 France Internet of Things (IoT) Market by Platform
- 10.3.4 France Internet of Things (IoT) Market by Deployment Mode
- 10.3.5 France Internet of Things (IoT) Market by Organization Size
- 10.3.6 France Internet of Things (IoT) Market by Vertical
- 10.4 Russia Internet of Things (IoT) Market
- 10.4.1 Russia Internet of Things (IoT) Market by Component
- 10.4.2 Russia Internet of Things (IoT) Market by Technology
- 10.4.3 Russia Internet of Things (IoT) Market by Platform
- 10.4.4 Russia Internet of Things (IoT) Market by Deployment Mode
- 10.4.5 Russia Internet of Things (IoT) Market by Organization Size
- 10.4.6 Russia Internet of Things (IoT) Market by Vertical
- 10.5 Spain Internet of Things (IoT) Market
- 10.5.1 Spain Internet of Things (IoT) Market by Component
- 10.5.2 Spain Internet of Things (IoT) Market by Technology
- 10.5.3 Spain Internet of Things (IoT) Market by Platform
- 10.5.4 Spain Internet of Things (IoT) Market by Deployment Mode
- 10.5.5 Spain Internet of Things (IoT) Market by Organization Size
- 10.5.6 Spain Internet of Things (IoT) Market by Vertical
- 10.6 Italy Internet of Things (IoT) Market
- 10.6.1 Italy Internet of Things (IoT) Market by Component
- 10.6.2 Italy Internet of Things (IoT) Market by Technology
- 10.6.3 Italy Internet of Things (IoT) Market by Platform
- 10.6.4 Italy Internet of Things (IoT) Market by Deployment Mode
- 10.6.5 Italy Internet of Things (IoT) Market by Organization Size
- 10.6.6 Italy Internet of Things (IoT) Market by Vertical
- 10.7 Rest of Europe Internet of Things (IoT) Market
- 10.7.1 Rest of Europe Internet of Things (IoT) Market by Component
- 10.7.2 Rest of Europe Internet of Things (IoT) Market by Technology
- 10.7.3 Rest of Europe Internet of Things (IoT) Market by Platform
- 10.7.4 Rest of Europe Internet of Things (IoT) Market by Deployment Mode
- 10.7.5 Rest of Europe Internet of Things (IoT) Market by Organization Size
- 10.7.6 Rest of Europe Internet of Things (IoT) Market by Vertical
- Chapter 11. Company Profiles
- 11.1 Siemens AG
- 11.1.1 Company Overview
- 11.1.2 Financial Analysis
- 11.1.3 Segmental and Regional Analysis
- 11.1.4 Research & Development Expense
- 11.1.5 Recent strategies and developments:
- 11.1.5.1 Partnerships, Collaborations, and Agreements:
- 11.1.5.2 Product Launches and Product Expansions:
- 11.1.5.3 Acquisition and Mergers:
- 11.2 IBM Corporation
- 11.2.1 Company Overview
- 11.2.2 Financial Analysis
- 11.2.3 Regional & Segmental Analysis
- 11.2.4 Research & Development Expenses
- 11.2.5 Recent Strategies and developments:
- 11.2.5.1 Partnerships, Collaborations and Agreements:
- 11.2.6 SWOT Analysis
- 11.3 Oracle Corporation
- 11.3.1 Company Overview
- 11.3.2 Financial Analysis
- 11.3.3 Segmental and Regional Analysis
- 11.3.4 Research & Development Expense
- 11.3.5 Recent Strategies and developments:
- 11.3.5.1 Partnerships, Collaborations and Agreements:
- 11.3.6 SWOT Analysis
- 11.4 Microsoft Corporation
- 11.4.1 Company Overview
- 11.4.2 Financial Analysis
- 11.4.3 Segmental and Regional Analysis
- 11.4.4 Research & Development Expenses
- 11.4.5 Recent Strategies and developments:
- 11.4.5.1 Partnerships, Collaborations and Agreements:
- 11.4.5.2 Product Launches and Product Expansions:
- 11.4.5.3 Acquisitions and Mergers:
- 11.4.6 SWOT Analysis
- 11.5 SAP SE
- 11.5.1 Company Overview
- 11.5.2 Financial Analysis
- 11.5.3 Segmental and Regional Analysis
- 11.5.4 Research & Development Expense
- 11.5.5 Recent Strategies and developments:
- 11.5.5.1 Partnerships, Collaborations and Agreements:
- 11.5.6 SWOT Analysis
- 11.6 Google LLC
- 11.6.1 Company Overview
- 11.6.2 Financial Analysis
- 11.6.3 Segmental and Regional Analysis
- 11.6.4 Research & Development Expense
- 11.6.5 Recent strategies and developments:
- 11.6.5.1 Partnerships, Collaborations, and Agreements:
- 11.6.5.2 Product Launches and Product Expansions:
- 11.6.5.3 Acquisition and Mergers:
- 11.7 Amazon Web Services, Inc. (Amazon.com, Inc.)
- 11.7.1 Company Overview
- 11.7.2 Financial Analysis
- 11.7.3 Segmental and Regional Analysis
- 11.7.4 Recent strategies and developments:
- 11.7.4.1 Partnerships, Collaborations, and Agreements:
- 11.8 Cisco Systems, Inc.
- 11.8.1 Company Overview
- 11.8.2 Financial Analysis
- 11.8.3 Regional Analysis
- 11.8.4 Research & Development Expense
- 11.8.5 Recent strategies and developments:
- 11.8.5.1 Partnerships, Collaborations, and Agreements:
- 11.8.5.2 Product Launches and Product Expansions:
- 11.8.5.3 Acquisition and Mergers:
- 11.9 Intel Corporation
- 11.9.1 Company Overview
- 11.9.2 Financial Analysis
- 11.9.3 Segmental and Regional Analysis
- 11.9.4 Research & Development Expenses
- 11.9.5 Recent strategies and developments:
- 11.9.5.1 Partnerships, Collaborations, and Agreements:
- 11.9.5.2 Product Launches and Product Expansions:
- 11.9.5.3 Acquisitions and Mergers:
- 11.9.6 SWOT Analysis
- 11.10. Qualcomm, Inc.
- 11.10.1 Company Overview
- 11.10.2 Financial Analysis
- 11.10.3 Segmental and Regional Analysis
- 11.10.4 Research & Development Expense
- 11.10.5 Recent strategies and developments:
- 11.10.5.1 Partnerships, Collaborations, and Agreements:
- 11.10.5.2 Product Launches and Product Expansions:
- 11.10.6 SWOT Analysis
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