Europe IoT Device Management Market Size, Share & Trends Analysis Report By Organization Size (Large Enterprises, and Small and Medium Enterprises (SMEs)), By Component, By Deployment Mode, By Vertical, By Country and Growth Forecast, 2024 - 2031

Europe IoT Device Management Market Size, Share & Trends Analysis Report By Organization Size (Large Enterprises, and Small and Medium Enterprises (SMEs)), By Component, By Deployment Mode, By Vertical, By Country and Growth Forecast, 2024 - 2031

The Europe IoT Device Management Market would witness market growth of 30.3% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe IoT Device Management Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,742 million by 2031. The UK market is exhibitng a CAGR of 29.5% during (2024 - 2031). Additionally, The France market would experience a CAGR of 31.3% during (2024 - 2031).

The demand for real-time device monitoring is critical across industries as organizations aim to ensure optimal performance and prevent operational disruptions. In healthcare, devices like continuous glucose and heart rate monitors generate real-time data essential for patient care. Companies like Medtronic and Dexcom use robust IoT device management platforms to monitor these devices, enabling timely responses to medical emergencies. Similarly, real-time monitoring of Industrial IoT (IIoT) devices in manufacturing helps optimize production and prevent equipment failures. Siemens, for example, employs predictive maintenance systems to track machine health, reducing downtime and enhancing reliability. In retail, smart shelves and automated checkout systems in stores like Amazon Go rely on real-time monitoring to provide seamless shopping experiences, supported by device management platforms that ensure uninterrupted operations.

Transportation and logistics also leverage real-time monitoring to enhance efficiency and safety. Companies like DHL and FedEx use IoT-enabled fleet management systems to track vehicle locations, optimize routes, and monitor fuel consumption. In autonomous vehicles, Tesla relies on real-time sensors and camera monitoring to make instant decisions for safe operation. As IoT ecosystems expand, the demand for reliable device management platforms will continue to grow, empowering businesses and cities to operate efficiently in a connected world.

Italy, meanwhile, is experiencing a growing demand for IoT device management in the energy and utilities sector. As the country transitions toward more sustainable energy practices, IoT solutions are being integrated to monitor and manage energy consumption effectively. Companies like Enel are utilizing IoT device management platforms to oversee devices that provide real-time insights into energy usage, improving grid reliability and demand response. The Italian government’s National Energy Strategy supports these efforts, promoting innovation and enhancing the nation’s energy transition. Hence, with Europe increasingly prioritizing smart technologies and data-driven decision-making, IoT device management systems are becoming essential, driving significant regional growth.

Based on Organization Size, the market is segmented into Large Enterprises, and Small and Medium Enterprises (SMEs). Based on Component, the market is segmented into Solution (Real-Time Streaming Analytics, Security Solutions, Remote Monitoring, Device Management, and Network Bandwidth Management), and Services (Professional Services, and Managed Services). Based on Deployment Mode, the market is segmented into Public Cloud, Private Cloud, and Hybrid Cloud. Based on Vertical, the market is segmented into Manufacturing, Transportation & Logistics, Retail, Healthcare, Utilities, and Other Vertical. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

• Adobe, Inc.
• IBM Corporation
• Oracle Corporation
• Microsoft Corporation
• Open Text Corporation
• Xerox Corporation
• Hyland Software, Inc.
• Upland Software, Inc.
• Laserfiche
• Fabasoft AG

Europe IoT Device Management Market Report Segmentation

By Organization Size

• Large Enterprises
• Small and Medium Enterprises (SMEs)

By Component

• Solution
• Real-Time Streaming Analytics
• Security Solutions
• Remote Monitoring
• Device Management
• Network Bandwidth Management
• Services
• Professional Services
• Managed Services

By Deployment Mode

• Public Cloud
• Private Cloud
• Hybrid Cloud

By Vertical

• Manufacturing
• Transportation & Logistics
• Retail
• Healthcare
• Utilities
• Other Vertical

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe