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Market Research Report

Europe IoT Market: Size, Share, Trends, Growth Factors, Key players, Opportunity Assessment and Demand Analysis By Components, By Platforms, By Software, By End-User, By Application and By Region (U.K., Germany, France, Italy, Spain, Poland, Sweden, Russia, Rest of Europe for Forecast Period 2016-2024

Published On : 2017-09-18 Report Page : 185 Category: Advanced Future Technologies

Europe IoT Market 

Market Overview

Interconnection of devices and humans through wireless communication networks introduced a concept of smart environment. European Union actively accepted concept of IoT and is on the path to become a potential market for internet of things (IoT) business. Ongoing trend of cloud computing, big data analytics and internet of things (IoT) are bringing considerable change in European market. High internet penetration and investment in hardware and infrastructure by European Commission are constructing potential market for IoT in Europe. In 2015, to support the internet driven environment, European Commission has launched Association named Alliance for Internet of Things Innovation (AIOTI) which is one of the largest European IoT associations.

Russia and Germany are more inclined towards the acceptance of new gadgets. Russian market contributes huge demand for hi tech wearable whereas Germany accounted for high adoption rate of health monitoring devices and fitness tracker. Moreover, rising internet penetration and demand of smartphones in Europe are boosting the growth of IoT market in the region.

Market Segmentation

Europe IoT Market is categorized on the following basis:

By Components

  • Devices
  • Wearable Devices
  • Non-Wearable Devices

 

  • Sensors & Actuators

By Platforms

  • By Connectivity/M2M Platforms
  • By Infrastructure-as-a-Service (Iaas) Backend Platforms
  • By Hardware Specific Software Platform
  • By Consumer/Enterprise Software Extension Platforms

By Software

  • By Data Management Software
  • By Network Management Software
  • By Real Time Streaming Analysis Software
  • By Security Software
  • By Remote Monitoring Software

By End-User

  • By Consumer Electronics
  • By Transportation & Logistics
  • By Manufacturing
  • By Retail
  • By Energy
  • By Agriculture
  • By Healthcare
  • By Others (Education)

By Application

  • By Smart Homes
  • By Smart Cities
  • By Wearables
  • By Smart Grid
  • By Industrial Automation
  • By Connected Cars
  • By Connected Health
  • By Smart Retail
  • By Smart Agriculture
  • By Smart Supply Chain

Based on Countries

  • The U.K. {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Germany {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • France {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Italy {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Spain {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Poland {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Sweden {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Russia {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Rest of Europe {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}

Europe IoT Market Analysis

Market Size and Forecast (2016-2024)

The IoT market for Europe is expected to reach USD 432.80 billion in 2024 from USD 108.7 billion in 2016. The Europe IoT market is estimated to grow at remarkable CAGR of 18.32% during the forecast period.

Germany is has the largest IoT software market as compared to other European countries. In 2015, 31% of total revenue generated from IoT in Europe is occupied by software segment. Complexity in digital infrastructure has increased the demand of security and data management software in Europe. Data management and security software is expected to grow at a CAGR of 19.17% and 22.00% during the forecast period.

Europe has high adoption of IoT technology in aviation, utilities, production and transportation industry. France government is investing in achieving excellent infrastructures and is focusing on using renewable energy fuel whereas Swedish government is spending on medicine and bioscience.

Consumer electronics segment is anticipated to attain value of USD 113 billion in 2024, growing at a CAGR of 18.73% during the forecast period.  Implementation of IoT in fleet management and asset tracking is hugely impacting the Europe transportation industry. Transportation and logistics segment is estimated to capture 23% of total revenue of IoT in Europe over the forecast period. Industrial automation has reduced the operating cost and increased the production of the manufacturing industry. Retail and digital marketing is majorly driving the economic development of Europe. U.K. occupies the largest share in IoT in retail industry in Europe. Healthcare and agriculture sector is also expected to grow at a healthy rate during the forecast period.

Market Drivers and Challenges

Innovative and advanced technologies are hugely impacting the industrial and public sector of European Union which is bolstering the growth of IoT devices and services in Europe. Increasing penetration of smart phone and rising demand of smart phone sensors, wearable and automotive sensors are fuelling the expansion of sensors & actuators market. Advanced infrastructure, efficient and cost-effectiveness of cloud computing solutions is the major boosting factor for the high adoption rate of IoT based platforms in Europe region.

Privacy is the main concern which is inhibiting the market expansion of IoT in Europe. Combination of physical and virtual environment increases the risk of accessing and illegal use of data. Due to less human interaction risk of hacking or data violation increases. This is the major factor which is prohibiting the adoption of IoT in many European countries. Consumer sentiments related with liability of IoT devices are inhibiting the growth of Europe IoT market. Although over 80% of enterprises are assuring for security with the deployment of IoT, however people are not confident that their data are secured is restricting IoT business expansion in the region.

Key Market Players

  • Cisco Systems Inc.
  • Synopsis
  • Business Strategy
  • Product Portfolio
  • SWOT Analysis
  • Intel Corporation
  • IBM Corporation
  • Amazon Web Services
  • Google
  • Microsoft Corporation
  • Qualcomm Incorporated
  • PTC
  • Oracle Corporation
  • SAP SE
  • General Electric (GE)
  • Arm Holdings
  • Centrica plc
  • Robert Bosch GmbH
  • AT&T Inc
  • Hewlett Packard Enterprise
  • Rockwell Automation
  • Dell Inc.
  • Fujitsu Ltd.

Scope Background

Market Synopsis

Market Segmentation

The Europe IoT Market is segmented as follows:

  • By Components (Market Size, Demand Analysis and Growth Analysis)
  • By Software (Market Size, Demand Analysis and Growth Analysis)
  • By End-User (Market Size, Demand Analysis and Growth Analysis)
  • By Application (Market Size, Demand Analysis and Growth Analysis)

By Regions

  •  
  • The U.K. {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Germany {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • France {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Italy {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Spain {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Poland {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Sweden {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Russia {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Rest of Europe {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}

Market Dynamics: Growth Drivers, Restraints and Opportunities

  • Risk Factors
  • Regional Variations
  • Recent Trends and Developments

Key Market Players

  • Synopsis
  • Business Strategy
  • Product Portfolio
  • SWOT Analysis

Porter’s Five Force Model

Market Landscape: Competition and Beyond

Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem

Expert Analysis

Concluding Remarks


Europe IoT Market- Table of Contents

1. Research Methodology
1.1. Secondary Research
1.2. Primary Research
1.3. Data Analyzing & Market Size Estimation 
1.4. Research Design
1.5. Bottom-Up & Top-Down Approach
 
2. Market Environment
2.1. Global Economic Overview
2.2. Macroeconomic Outlook
2.3. Smart Technologies Penetration (By Countries)
2.3.1. Big Data
2.3.2. Artificial Intelligence
2.3.3. Internet of Things
2.3.4. Cloud Computing
 
3. Regional Industry Analysis 
3.1. Target Consumer Group Analysis
3.2. Consumer Trend Analysis
3.3. Research & Development Outlook
3.4. Investments
3.5. Government Regulations and Initiatives
3.6. Startup Companies Scenario
 
4. Executive Summary
4.1. Market Size (USD Billion)
4.2. Forecast Analysis (2017-2025)
4.3. Market Share & CAGR (%)
4.4. Regional Share Distribution (%)
 
5. Market Dynamics
5.1. Growth Drivers
5.2. Market Restraints
5.3. Risk Analysis (Demand Risk & Supply Risk Analysis)
5.4. Recent Trends & Developments
5.5. Opportunities for Market Players
 
6. Europe IoT Market Segmentation
6.1.  Europe IoT Market By Components (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.1.1.1. Europe IoT Market By Devices (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.1.1.1.1. Wearable Devices 
6.1.1.1.2. Non-Wearable Devices 
6.1.1.2. Europe IoT Market By Sensors & Actuators (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.1.1.3. Market Attractiveness By Sensors & Actuators
6.1.1.4. BPS Analysis Sensors & Actuators 
 
6.1.1.5. Europe IoT Market By Platforms (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.1.1.5.1. Adoption Rate (%) by Platforms 
6.1.1.5.2. Europe Connectivity/M2M Platforms Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.1.1.5.3. Europe Infrastructure-as-a-Service (Iaas) Backend Platforms Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.1.1.5.4. Europe Hardware specific software Platforms Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.1.1.5.5. Europe Consumer/Enterprise Software Extension Platforms Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.1.1.5.6. Market Attractiveness by Platforms
6.1.1.5.7. BPS Analysis by Platforms
6.1.2. Market Attractiveness by Components
6.1.3. BPS Analysis by Components
 
6.2. Europe IoT Market By Software (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.2.1.1. Europe Data Management Software Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.2.1.2. Europe Network Management Software Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.2.1.3. Europe Security Software Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.2.1.4. Europe Remote Monitoring Software Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.2.1.5. Europe Real Time Streaming Analytics Software Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.2.1.6. Market Attractiveness by Software
6.2.1.7. BPS Analysis by Software
 
6.3. Europe IoT Market By End-User (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.1. Adoption Rate (%) by End-User
6.3.2. Consumer Electronics Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.3. Transportation & Logistics Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.4. Manufacturing Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.5. Retail Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.6. Energy Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.7. Agriculture Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.8. Healthcare Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.9. Other Industries (Education) (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.10. Market Attractiveness by End-User
6.3.11. BPS Analysis by End-User
 
6.4. Europe IoT Market By Application (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
6.4.1. IoT for Smart Homes in Europe (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.4.2. IoT for Smart Cities in Europe (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.4.3. IoT for Wearables in Europe (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.4.4. IoT for Smart Grid in Europe (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.4.5. IoT for Industrial Automation in Europe (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.4.6. IoT for Connected Cars in Europe (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.4.7. IoT for Connected Health in Europe (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.4.8. IoT for Smart Retail in Europe (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.4.9. IoT for Smart Agriculture in Europe(Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.4.10.  IoT for Smart Supply Chain in Europe (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.4.11. Market Attractiveness by Application
6.4.12. BPS Analysis by Application
 
6.5. Europe IoT Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
6.5.1. The U.K. IoT Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.5.1.1.1.
6.5.2. France IoT Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.5.3. Germany IoT Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024) 
6.5.4. Italy IoT Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024) 
6.5.5. Spain IoT Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024) 
6.5.6. Poland IoT Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024) 
6.5.7. Sweden IoT Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024) 
6.5.8. Russia IoT Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024) 
6.5.9. Rest of Europe IoT Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024) 
6.5.10. Market Attractiveness by Country
6.5.11. BPS Analysis by Country
 
7. Competitive Outlook
7.1. Market Share of Major Players (2016)
7.2. Company Profiles
7.2.1.  Cisco Systems Inc.
7.2.1.1. Company Synopsis
7.2.1.2. Business Strategy
7.2.1.3. Product Portfolio
7.2.1.4. SWOT Analysis
7.2.2. Intel Corporation
7.2.3. IBM Corporation
7.2.4. Amazon Web Services
7.2.5. Google
7.2.6. Microsoft Corporation
7.2.7. Qualcomm Incorporated
7.2.8. PTC
7.2.9. Oracle Corporation
7.2.10. SAP SE
7.2.11. General Electric (GE)
7.2.12. Arm Holdings
7.2.13. Centrica plc
7.2.14. Robert Bosch GmbH
7.2.15. AT&T Inc
7.2.16. Hewlett Packard Enterprise
7.2.17. Rockwell Automation
7.2.18. Dell Inc.
7.2.19. Fujitsu Ltd.
 
8. Porter’s Five Force Model
9. Market Landscape: Competition and Beyond
10. Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem
11. Expert Analysis
12. Concluding Remarks

Europe IoT Market: Size, Share, Trends, Growth Factors, Key players, Opportunity Assessment and Demand Analysis By Components, By Platforms, By Software, By End-User, By Application and By Region (U.K., Germany, France, Italy, Spain, Poland, Sweden, Russia, Rest of Europe for Forecast Period 2016-2024

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