Europe Industrial IoT Market - Industry Trends and Forecast to 2029

Europe Industrial IoT Market - Industry Trends and Forecast to 2029

Europe industrial IoT market is projected to register a CAGR of 9.6% in the forecast period of 2022 to 2029. The new market report contains data for historic year 2020, the base year of calculation is 2021 and the forecast period is 2022 to 2029.

Market Segmentation

Europe Industrial IoT Market, By Technology (Sensors, Industrial Robotics, Cameras, Distributed Control System, GPS/GNSS, Networking Technology, RFID, Interface Board, Condition Monitoring, Yield Monitoring, Smart Meters, Smart Beacon, Flow and Application Control Device, Guidance and Steering, and Electronic Shelf Label), Application (SCADA, M.E.S., P.L.M., Distribution Management System, Transit Management System, Outage Management System, Visualization Software, Remote Patient Monitoring, Retail Management Software, Farm Management System, and Others), Connectivity (Wired, Wireless, and Hybrid), End Use (Manufacturing, Transportation and Logistics, Energy, Oil and Gas, Metal and Mining, Healthcare, Retail, Agriculture, and Others), Country (U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Sweden, Turkey, and Rest of Europe) Industry Trends and Forecast to 2029

Some of the major factors contributing to the growth of the Europe industrial IoT market are:
• Increasing adoption of Artificial Intelligence (AI) and Machine Learning (ML) in end user industry
• Surge in implementation of sensors and distributed control system in business operations

Market Players

The key market players for Europe industrial IoT market are:
• Cisco Systems, Inc.
• Siemens
• General Electric
• IBM Corporation
• Intel Corporation
• P.T.C.
• Honeywell International Inc.
• N.E.C. Corporation
• Rockwell Automation
• ABB
• SAP SE
• Texas Instruments Incorporated
• Robert Bosch GmbH
• Emerson Electric Co.
• Microsoft
• KUKA AG
• Sigfox Partner Network (a subsidiary of UnaBiz)
• Wipro
• Arm Limited (a subsidiary of Softbank Group Corp.)
• Huawei Technologies Co., Ltd.Companies

• Cisco Systems, Inc.
• Siemens
• General Electric
• IBM Corporation
• Intel Corporation
• P.T.C.
• Honeywell International Inc.
• N.E.C. Corporation
• Rockwell Automation
• ABB
• SAP SE
• Texas Instruments Incorporated
• Robert Bosch GmbH
• Emerson Electric Co.
• Microsoft
• KUKA AG
• Sigfox Partner Network (a subsidiary of UnaBiz)
• Wipro
• Arm Limited (a subsidiary of Softbank Group Corp.)
• Huawei Technologies Co., Ltd.

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