Europe AIoT Platforms Market Size, Share & Industry Trends Analysis Report By Component, By Vertical (BFSI, Manufacturing, Retail, Healthcare, Energy & Utilities, Transportation & Logistics), By Country and Growth Forecast, 2023 - 2029
The Europe AIoT Platforms Market would witness market growth of 35.2% CAGR during the forecast period (2023-2029).
Several gadgets and programs can be added to the IoT and modified to accommodate voice communications. Hardware modules with a wireless LAN adapter and voice capabilities can connect to the cloud to provide AIoT functionality for devices without communications features or for embedded devices where loading libraries is challenging. In addition, client software libraries will be accessible to smartphones, PCs, tablets, and other gadgets that are already connected.
The time it takes for data to flow between devices to be processed and sent between devices can be reduced using an AIoT platform. With the aid of an AIoT platform, devices may learn from previous choices and choose wisely in the future. This makes it easy for them to manage complicated activities and vast volumes of data more effectively. Accidents and mistakes are less likely with improved device cooperation and communication.
In sectors like manufacturing and healthcare, this increased safety can be crucial. AIoT enables the quick creation and introduction of fresh apps and services. As a result, businesses continue to lead the way in innovation. Businesses may offer a better customer experience by utilizing AIoT through quicker reaction times, more accurate data, and increased personalization.
The Urban Platform initiative exemplifies how European cities promote better social outcomes through interaction aimed at enhancing knowledge and management within sizable amounts of city data, further establishing a link between the sharing of this data and the enhancement of city services via the European Innovation Partnership for Smart Cities & Communities (EIP SCC). In addition, the CAPSELLA project is a development in ICT for smart city urban management based on data technologies and sustainable agri-food systems. The growing smart city initiatives open up opportunities for applications of AIoT, thereby ensuring regional market growth.
The Germany market dominated the Europe AIoT Platforms Market by Country 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $2,144.3 million by 2029. The UK market is anticipated to grow at a CAGR of 34.1% during (2023 - 2029). Additionally, The France market would exhibit a CAGR of 36.2% during (2023 - 2029).
Based on Component, the market is segmented into Solution (Device Management, Connectivity Management, and Application Management) and Services. Based on Vertical, the market is segmented into BFSI, Manufacturing, Retail, Healthcare, Energy & Utilities, Transportation & Logistics and Others. 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, Microsoft Corporation, Intel Corporation, Oracle Corporation, Hewlett-Packard enterprise Company, Cisco Systems, Inc., Google LLC (Alphabet Inc.), Amazon Web Services, Inc. (Amazon.com, Inc.), NXP Semiconductors N.V. and Sharp Corporation (Hon Hai Precision Industry Co., Ltd.).
Scope of the Study
Market Segments covered in the Report:
By Component
Solution
Device Management
Connectivity Management
Application Management
Services
By Vertical
BFSI
Manufacturing
Retail
Healthcare
Energy & Utilities
Transportation & Logistics
Others
By Country
Germany
UK
France
Russia
Spain
Italy
Rest of Europe
Companies Profiled
IBM Corporation
Microsoft Corporation
Intel Corporation
Oracle Corporation
Hewlett-Packard enterprise Company
Cisco Systems, Inc.
Google LLC (Alphabet Inc.)
Amazon Web Services, Inc. (Amazon.com, Inc.)
NXP Semiconductors N.V.
Sharp Corporation (Hon Hai Precision Industry Co., Ltd.)
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- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe AIoT Platforms Market, by Component
- 1.4.2 Europe AIoT Platforms Market, by Vertical
- 1.4.3 Europe AIoT Platforms 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 & 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 Market Share Analysis, 2021
- 3.4 Top Winning Strategies
- 3.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 3.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jun – 2023, Mar) Leading Players
- Chapter 4. Europe AIoT Platforms Market by Component
- 4.1 Europe Solution Market by Country
- 4.2 Europe AIoT Platforms Market by Solution Type
- 4.2.1 Europe Device Management Market by Country
- 4.2.2 Europe Connectivity Management Market by Country
- 4.2.3 Europe Application Management Market by Country
- 4.3 Europe Services Market by Country
- Chapter 5. Europe AIoT Platforms Market by Vertical
- 5.1 Europe BFSI Market by Country
- 5.2 Europe Manufacturing Market by Country
- 5.3 Europe Retail Market by Country
- 5.4 Europe Healthcare Market by Country
- 5.5 Europe Energy & Utilities Market by Country
- 5.6 Europe Transportation & Logistics Market by Country
- 5.7 Europe Other Vertical Market by Country
- Chapter 6. Europe AIoT Platforms Market by Country
- 6.1 Germany AIoT Platforms Market
- 6.1.1 Germany AIoT Platforms Market by Component
- 6.1.1.1 Germany AIoT Platforms Market by Solution Type
- 6.1.2 Germany AIoT Platforms Market by Vertical
- 6.2 UK AIoT Platforms Market
- 6.2.1 UK AIoT Platforms Market by Component
- 6.2.1.1 UK AIoT Platforms Market by Solution Type
- 6.2.2 UK AIoT Platforms Market by Vertical
- 6.3 France AIoT Platforms Market
- 6.3.1 France AIoT Platforms Market by Component
- 6.3.1.1 France AIoT Platforms Market by Solution Type
- 6.3.2 France AIoT Platforms Market by Vertical
- 6.4 Russia AIoT Platforms Market
- 6.4.1 Russia AIoT Platforms Market by Component
- 6.4.1.1 Russia AIoT Platforms Market by Solution Type
- 6.4.2 Russia AIoT Platforms Market by Vertical
- 6.5 Spain AIoT Platforms Market
- 6.5.1 Spain AIoT Platforms Market by Component
- 6.5.1.1 Spain AIoT Platforms Market by Solution Type
- 6.5.2 Spain AIoT Platforms Market by Vertical
- 6.6 Italy AIoT Platforms Market
- 6.6.1 Italy AIoT Platforms Market by Component
- 6.6.1.1 Italy AIoT Platforms Market by Solution Type
- 6.6.2 Italy AIoT Platforms Market by Vertical
- 6.7 Rest of Europe AIoT Platforms Market
- 6.7.1 Rest of Europe AIoT Platforms Market by Component
- 6.7.1.1 Rest of Europe AIoT Platforms Market by Solution Type
- 6.7.2 Rest of Europe AIoT Platforms Market by Vertical
- Chapter 7. Company Profiles
- 7.1 IBM Corporation
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Regional & Segmental Analysis
- 7.1.4 Research & Development Expenses
- 7.1.5 Recent strategies and developments:
- 7.1.5.1 Partnerships, Collaborations, and Agreements:
- 7.1.5.2 Acquisition and Mergers:
- 7.1.6 SWOT Analysis
- 7.2 Microsoft Corporation
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research & Development Expenses
- 7.2.5 Recent strategies and developments:
- 7.2.5.1 Partnerships, Collaborations, and Agreements:
- 7.2.5.2 Product Launches and Product Expansions:
- 7.2.5.3 Acquisition and Mergers:
- 7.2.6 SWOT Analysis
- 7.3 Intel Corporation
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 Research & Development Expenses
- 7.3.5 Recent strategies and developments:
- 7.3.5.1 Partnerships, Collaborations, and Agreements:
- 7.3.5.2 Product Launches and Product Expansions:
- 7.3.6 SWOT Analysis
- 7.4 Oracle Corporation
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
- 7.4.4 Research & Development Expense
- 7.4.5 Recent strategies and developments:
- 7.4.5.1 Partnerships, Collaborations, and Agreements:
- 7.4.6 SWOT Analysis
- 7.5 Hewlett Packard Enterprise Company
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 Research & Development Expense
- 7.5.5 Recent strategies and developments:
- 7.5.5.1 Acquisition and Mergers:
- 7.5.6 SWOT Analysis
- 7.6 Cisco Systems, Inc.
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Regional Analysis
- 7.6.4 Research & Development Expense
- 7.6.5 Recent strategies and developments:
- 7.6.5.1 Partnerships, Collaborations, and Agreements:
- 7.6.5.2 Product Launches and Product Expansions:
- 7.6.6 SWOT Analysis
- 7.7 Google LLC (Alphabet Inc.)
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 Segmental and Regional Analysis
- 7.7.4 Research & Development Expense
- 7.7.5 Recent strategies and developments:
- 7.7.5.1 Partnerships, Collaborations, and Agreements:
- 7.7.6 SWOT Analysis
- 7.8 Amazon Web Services, Inc. (Amazon.com, Inc.)
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Segmental Analysis
- 7.8.4 Recent strategies and developments:
- 7.8.4.1 Partnerships, Collaborations, and Agreements:
- 7.8.5 SWOT Analysis
- 7.9 NXP Semiconductors N.V.
- 7.9.1 Company Overview
- 7.9.2 Financial Analysis
- 7.9.3 Regional Analysis
- 7.9.4 Research & Development Expense
- 7.9.5 SWOT Analysis
- 7.10. Sharp Corporation (Hon Hai Precision Industry Co., Ltd.)
- 7.10.1 Company Overview
- 7.10.2 Financial Analysis
- 7.10.3 Segmental & Regional Analysis
- 7.10.4 Research & Development Expense
- 7.10.5 SWOT Analysis
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