Snapshot Report of Europe Internet of Things Market and Trends 2021 with Amazon, Ericson, Google LG Electronics Samsung Sony

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DUBLIN, November 9, 2021 / PRNewswire / – The report “Snapshot: Europe Internet of Things Market and Trends 2021” has been added to ResearchAndMarkets.com offer.

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Global Internet of Things Market Value Expected To Cross A Threshold 1000 billion dollars brand by 2024

The Internet of Things (IoT) is defined as a system of interrelated computing devices, mechanical and digital machines, objects, animals, or people with unique identifiers (UIDs) and the ability to transfer data. data over a network without requiring human intervention. -Human or man-computer interaction.

This technology has recently become a trend in many countries around the world. Consumers and businesses are adopting IoT for a variety of purposes, and as a result, the technology is being implemented in increasing numbers. In addition, by 2024, the global IoT market revenue is expected to cross a threshold 1000 billion dollars history and by 2030, the number of connected devices is expected to reach nearly 30 billion worldwide.

Western Europe leaps and bounds in consumer adoption of IoT

According to a 2021 forecast cited in this new market report, the highest number of IoT connections in 2030 will be recorded in Europe, compared to other parts of the world. Following the same estimate, the region will be followed by North America, Asia, Latin America and Middle East & Africa.

This, however, is not surprising, because already in 2021, almost nine in ten of all connectivity service providers in Western Europe and more than eight in ten of all connectivity service providers in Western Europe. East were the fast wireless link required for IoT optimization.

In addition, the adoption of consumer IoT, including internet-connected home energy management, security and safety connections, home appliances, virtual assistants, television, and game consoles, was considerably higher in Western Europe than in other EU countries, with the Netherlands, Iceland, Norway, and the UK among the leaders.

Main topics covered:

Regional

  • Number of IoT connections installed, by type of market, in billions, 2030f

  • Smart home device shipments, by product type, in thousands, and market share, in%, 2020 and 2025f

  • Top 5 Smart Home Suppliers, by Shipments, Thousands, and Market Share,%, Q4 2019 and Q4 2020

  • Number of mobile subscriptions, smartphones, LTE, 5G, in millions, mobile data, in EB / month and data traffic per smartphone, in GB / month, 2019 & 2020 & 2025f

  • Fixed wireless access offers, as a% of connectivity service providers, Dec. 2018 & August 2019 & Feb. 2020 & October 2020 & Apr 2021

  • Contribution of 5G to GDP by 2025, by country, in billions of euros, February 2021

  • Use of the Internet of Things, by type of solution, and by country, in% of individuals, H2 2020

  • Breakdown of companies active in IoT, by services provided / products manufactured, in%, H2 2020

  • Top barriers to entry or expansion,% of manufacturers of smart home devices, H2 2020

  • Main barriers to entry or expansion,% of wired device manufacturers, H2 2020

  • Top barriers to entry or expansion,% of consumer IoT service providers, H2 2020

  • Main barriers to entry or expansion,% of voice assistant providers, H2 2020

UK

  • Contribution of the sector to GDP, incl. Smart utilities, in billions of pounds, 2030f

  • Share of key decision makers and IoT strategy implementers who saw IoT as a business priority, and share of those planning IoT initiatives in the future, in%, April 2021

  • Main benefits of the IoT initiative, in% of key decision makers and those responsible for implementing the IoT strategy, April 2021

  • Share of decision makers and IoT policy implementers who are concerned about device and connectivity management, April 2021

Germany

  • Share of consumers who use and do not use consumer IoT hardware,%, 2017 – 2020

  • Consumer IoT context factors, incl. Status quo, medium-term target, appropriate measures and level of contribution to market development, March 2021

France

  • Share of companies using interconnected devices, by company size, in%, 2020

  • Share of companies using interconnected devices, by sector, in% of companies with more than 50 employees, 2020

Companies mentioned

  • Amazon

  • Ericson

  • Google

  • LG Electronics

  • Samsung

  • Sony

For more information on this report, visit https://www.researchandmarkets.com/r/o0441u

Media contact:

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