Snapshot: Europe Internet of Things Market & Trends 2021 code:1548

Snapshot: Europe Internet of Things Market & Trends 2021
OVERVIEW
TABLE OF CONTENTS
COMPANIES MENTIONED
Countries Covered: France, Germany, UK
Pages: 54
Publication Date: 03/11/2021
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Questions Covered in the report:
  • What is the status of Internet of Things technologies worldwide in 2021 and which of them are gaining momentum?
  • How will the share of households with smart home automation in use be in 2025?
  • What is the number of installed IoT connections in 2030?
  • What is the global IoT market revenue forecast for 2024?

Key Findings:

International industries, as well as customers, progressively adopt Internet of Things technologies: new yStats.com report.

As of 2021, over 4 in 5 senior decision-makers and implementers of IoT strategy in the United Kingdom consider IoT implementation into their business among the main priorities

Defined as a system of interrelated computing devices, mechanical and digital machines, objects, animals, or people that are provided with unique identifiers (UIDs), Internet of Things (IoT) offers the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction. Both consumers and businesses are increasingly adopting IoT for numerous purposes and the technology is being implemented rapidly across the globe. Moreover, by 2024, international IoT market revenue was calculated to cross a USD one trillion point and by 2030 the number of connected devices will likely reach nearly thirty billion worldwide. Furthermore, observing the trend, global companies’ executives defined the incorporation of IoT into their business as an important strategic objective, according to the surveys cited in the new yStats.com publication. For instance, in the United Kingdom, over 80% of senior decision-makers and implementers of IoT strategy surveyed in April 2021 saw IoT deployment into their business among the core priorities, with less than half of them having specific intentions regarding it for the near future. Moreover, more than 30% of them assumed “Increased profit” as the key benefit of IoT implementation, together with “Reduced costs” and “Entering new markets.

In Europe, the adoption of Internet of Things technology is accelerating

By 2030, according to a 2021 forecast, the highest number of IoT connections will be registered in Europe. The region was estimated to be followed by North America, Asia, Latin America, and Middle East & Africa. Furthermore, already in 2021, more than 90% of all West European and over 80% of all East European connectivity service providers were offering the fast wireless connection needed for a figure which has almost doubled since 2018. Additionally, in Western EU countries, the adoption of consumer IoT was also recorded to be higher than in Eastern Europe, with the Netherlands, Iceland, Norway, and the UK, having the highest adoption rates of Internet-connected home energy management, security- and safety connections, home appliances, virtual assistants, TV, and game consoles.

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1. Management Summary

2. Global Market Overview

  • Overview of the Trends on the IoT Market and IoT Business Applications, September 2021
  • Overview of the Current State of IoT Technologies and Trends, June 2021
  • Revenue of the Internet of Things Market, in USD billion, 2019 & 2020 & 2024f
  • Number of The Installed IoT Connections, in billions, 2019 – 2030f
  • Mapping of Sectors, by IoT Recurring Revenue, in USD million, and CARG, in %, 2020 – 2030f
  • Number of Connected IoT Devices, by Wide- and Short-Range Devices, in millions, 2017 – 2026f
  • Mobile Subscriptions Number, by Category, incl. LTE and 5G, in millions, 2019 & 2020 & 2026f
  • Total Data Traffic, in EB/Months, and Mobile Data Traffic, in GB/Month, per Device, 2019 & 2020 & 2026f
  • Top 5 Government IoT Endpoint Electronics and Communications Revenue, by Use Cases, in USD billions, 2019 – 2021
  • Technologies that are Expected to Support Companies in Recovering from COVID-19, in % of Senior Executives, Summer 2020
  • Industrial IoT Revenue, by Segments, in %, 2020
  • Industrial IoT Data Generation, by Regions, in %, 2020 & 2025f
  • Regions’ Market Shares of Industrial IoT Devices, in %, 2020
  • Number of Smart Home Devices in Active Use, in billions, 2020 & 2025f
  • Smart Home Devices Shipments, by Product Type, in millions, and Market Share, in %, 2020 & 2025f
  • Share of Individual and by Subscription Smart Home Devices Purchases, in % of Total, 2025f
  • Share of Households with Smart Home Automation in Use, in % of Total, 2025f
  • Top 4 Regions/Countries by Unit Shipments of Smart Devices Growth Rate, 2020 – 2025f

3. Europe

3.1. Regional

  • Number of The Installed IoT Connections, by Type of Market, in billions, 2030f
  • Smart Home Devices Shipments, by Product Type, in thousands, and Market Share, in %, 2020 & 2025f
  • Top 5 Smart Home Vendors, by Shipments, in thousands, and Market Share, in %, Q4 2019 & Q4 2020
  • Mobile, Smartphone, LTE, 5G Subscriptions Number, in millions, Mobile Data, in EB/Month, and Data Traffic per Smartphone, in GB/month, 2019 & 2020 & 2025f
  • Fixed Wireless Access Offerings, in % of Connectivity Service Providers, Dec. 2018 & Aug. 2019 & Feb. 2020 & Oct. 2020 & Apr. 2021
  • Contribution of 5G on GDP by 2025, by Country, in EUR billion, February 2021
  • Internet of Things Usage, by Type of Solution, and by Country, in % of Individuals, H2 2020
  • Distribution of Companies Active in IoT, by Services Provided/Products Manufactured, in %, H2 2020
  • Top Barriers to Entry or Expansion, in % of Smart Home Device Manufacturers, H2 2020
  • Top Barriers to Entry or Expansion, in % of Wirable Device Manufacturers, H2 2020
  • Top Barriers to Entry or Expansion, in % of Consumer IoT Service Providers, H2 2020
  • Top Barriers to Entry or Expansion, in % of Voice Assistant Providers, H2 2020

3.2. United Kingdom

  • Sector Contribution to GDP, incl. Smart Utilities, in GBP billion, 2030f
  • Share of Senior Decision-Makers and Implementers of IoT Strategy who Saw IoT as a Business Priority, and Share of those who plan IoT initiatives in the Future, in %, April 2021
  • Key Benefits of IoT Initiative, in % of Senior Decision-Makers and Implementers of IoT Strategy, April 2021
  • Share of Senior Decision-Makers and Implementers of IoT Strategy Who are Concerned about the Management of the Device and Connectivity, April 2021

3.3. Germany

  • Share of Consumer Who Use and Do Not Use Consumer-IoT-Hardware, in %, 2017 – 2020
  • Consumer IoT Context Factors, incl. Status Quo, Medium-Term Target, Suitable Measures, and Level of Market Development Contribution, March 2021

3.4. France

  • Share of Companies Using Interconnected Devices, by Company Size, in %, 2020
  • Share of Companies Using Interconnected Devices, by Sector, in % of Companies with 50+ Employees, 2020
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  • Amazon
  • Ericson
  • Google
  • LG Electronics
  • Samsung
  • Sony
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Publication Date: 09/11/2021

Regions Covered: Asia - Europe - Africa - North America - Latin America - MENA - Middle East

Countries Covered: Brazil, Canada, China, France, Germany, Japan, Kuwait, Middle East, Saudi Arabia, South Korea, UK, USA

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