The European IoT middleware market is projected to witness considerable growth during the forecast period. The increasing number of secured internet servers raises the demand for cloud services that further encourages the integration of IoT connected devices in the region. As per the World Bank, in 2018, secure internet servers have increased from 4,298 per 1 million people in 2015 to 56,392 servers per 1 million people in Germany.
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The IoT middleware market is classified on the basis of platform and vertical. Based on the platform, the market is segmented into device management, application management, and connectivity management. Based on vertical, the market is segregated into energy & utilities, manufacturing, automotive, retail, healthcare, and others. The manufacturing sector is one of the major end-users of IoT middleware. The IoT middleware for the manufacturing market is estimated to project a considerable CAGR during the forecast period. Major applications of IoT in manufacturing further include connected factory and inventory management, which are expected to offer growth opportunities to the IoT middleware market during the forecast period.
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Geographically, the European IoT middleware market is segmented into Germany, UK, France, Italy, Spain, and the rest of Europe. Germany contributed a significant share in the European IoT middleware market. The market is mainly driven due to the growing adoption of cloud-based services in various sectors coupled with the increasing internet penetration in the country. Further, UK and France have driven on the pedestal of the growing adoption of cloud-based services in numerous verticals coupled with the rising internet penetration in the respective countries. Apart from the major European countries, Switzerland, the Netherlands, Denmark, Norway Ireland, Hungary, and Belgium are some other countries of Europe that are providing a significant contribution to the growth of the IoT middleware market.
The European IoT middleware market is influenced by product development and advancements conducted by the market players. The key players of the IoT middleware market include SAP SE, Schneider Electric SE, Siemens AG, Davra, Robert Bosch GmbH, Software AG, Microsoft Corp., and IBM Corp. These players are playing a significant role in the growth of the IoT middleware market by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, technological development, and others.
Market Segmentation
European IoT Middleware Market by Platform
• Device Management
• Application Management
• Connectivity Management
European IoT Middleware Market by Vertical
• Energy & Utilities
• Manufacturing
• Automotive
• Retail
• Healthcare
• Others (BFSI and Defense)
Regional Analysis
• UK
• Germany
• France
• Italy
• Spain
• Rest of Europe
Company Profiles
Amazon Web Services, Inc.
• Overview
• Amazon Web Services in Europe
• Amazon Web Services in IoT Middleware Landscape
• Recent Developments
• Bosch.IO GmbH
• Cisco Systems, Inc.
• Cumulocity GmbH
• Davra
• General Electric Co.
• GoogleLLC
• IBM Corp.
• Microsoft Corp.
• Oracle Corp.
• relayr, Inc.
• Robert Bosch GmbH
• SAP SE
• Schneider Electric SE
• SenseOne Technologies SA
• Siemens AG
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