Europe Internet Of Things (iot) In Retail Market Size & Outlook
Europe internet of things (iot) in retail market, 2018-2030 (US$B)
Related Markets
Europe internet of things (iot) in retail market highlights
- The Europe internet of things (iot) in retail market generated a revenue of USD 13.4 billion in 2023.
- The market is expected to grow at a CAGR of 27.1% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Platform is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 13.4 billion |
| Market revenue in 2030 | USD 71.4 billion |
| Growth rate | 27.1% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Platform |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Hardware, Platform, Services |
| Key market players worldwide | Cisco Systems Inc, International Business Machines Corp, Intel Corp, SAP SE, ARM Holdings PLC ADR, SoftBank Group Corp, Alphabet Inc Class A, Microsoft Corp, NXP Semiconductors NV, PTC, Aviva PLC, Avnet Inc, Verizon Communications Inc, Zebra Technologies Corp Class A |
Other key industry trends
- In terms of revenue, Europe region accounted for 25.9% of the global internet of things (iot) in retail market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 110.4 billion by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Internet Of Things (IoT) In Retail Market Scope
Internet Of Things (IoT) In Retail Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe internet of things (iot) in retail market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to internet of things (iot) in retail market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 44.78% in 2023. Horizon Databook has segmented the Europe internet of things (iot) in retail market based on hardware, platform, services covering the revenue growth of each sub-segment from 2018 to 2030.
The expansion of retail chains and marketplaces in the region offers lucrative opportunities for IoT solution providers. Moreover, the presence of numerous market players offering IoT solutions that can effectively cater to retailers’ needs is contributing to market growth.
For instance, in November 2023, Arm Limited, a major technology company and IoT solutions provider, launched the Arm Cortex-M52, its most area and cost-efficient and smallest processor equipped with Arm Helium technology, delivering enhanced AI capabilities for lower-cost IoT devices.
Reasons to subscribe to Europe internet of things (iot) in retail market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Europe internet of things (iot) in retail market databook
-
Our clientele includes a mix of internet of things (iot) in retail market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe internet of things (iot) in retail market , including forecasts for subscribers. This continent databook contains high-level insights into Europe internet of things (iot) in retail market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe internet of things (iot) in retail market size, by country, 2018-2030 (US$B)
Europe Internet Of Things (IoT) In Retail Market Outlook Share, 2023 & 2030 (US$B)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
