Germany internet of things (IoT) market
is expected to grow at a formidable rate during the forecast period. The Germany
internet of things (IoT) market is driven by the increasing investments by the
government to improve the IT infrastructure in the country. Additionally,
growing adoption of big data analytics solutions to manage and analyze the
voluminous data generated across various end user industries such as BFSI, consumer
goods & retail, manufacturing & engineering, among others. Furthermore,
technological advancements such as development of wireless networking
technologies coupled with new product launches by the major vendors operating
in the market is expected to create lucrative opportunities for the market
growth through 2027. However, associated data security and privacy concerns can
hamper the market growth over the next few years.
With the sudden outbreak of
pandemic COVID-19 disease, the world is affected, majority of the businesses
are shut down and operations across different enterprises are also compromised.
This has made organizations to work in a non-optimized manner because of which
many organizations are looking for ways to improve their operational
efficiencies, overall productivity and are looking for innovative ideas &
solutions to improve the revenue. Similarly, the IoT industry is also
drastically affected by the pandemic. While the IoT networks remain unaffected
the investment in consumer IoT devices has suddenly gone down. Also, this has
increased the frequency of cyber-attacks and threats.
The Germany internet of things (IoT)
market is segmented based on platform, component, application, company, and
region. Based on platform, the market can be categorized into device
management, application management and network management. The device
management segment is expected to dominate the market on account of the growing
requirement for access and control IoT devices. Based on component, the market
can be grouped into hardware, software and service. The hardware segment is
expected to dominate the market owing to the reduction in the prices of
sensors.
The major players operating on the
internet of things (IoT) market are Intel Germany GmbH, IBM Germany, Amazon Web
Services Germany, Robert Bosch GmbH, Cisco Systems, SAP SE, Microsoft Germany
GmbH, Oracle Corporation, and others. Major companies are developing advanced
technologies and launching new services to stay competitive in the market.
Other competitive strategies include mergers & acquisitions and new service
developments.
Objective of the Study:
- To analyze and estimate the market size of Germany
internet of things (IoT) market from 2017 to 2020.
- To estimate and forecast the market size of Germany
internet of things (IoT) market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast Germany internet of
things (IoT) market based on platform, component, application, company, and
regional distribution.
- To identify dominant region or segment in the Germany
internet of things (IoT) market.
- To identify drivers and challenges for Germany
internet of things (IoT) market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Germany
internet of things (IoT) market.
- To identify and analyze the profile of leading
players operating in Germany internet of things (IoT) market.
- To identify key sustainable strategies adopted
by market players in Germany internet of things (IoT) market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of service providers across the globe. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the service providers which
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the service providers, distribution channels and presence of all
major players across the globe.
TechSci Research calculated the market size of Germany internet of things (IoT) market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Internet of things (IoT) provider
companies
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to internet of things (IoT)
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as service providers, suppliers and partners, end users, etc., besides
allowing them in strategizing investments and capitalizing on market
opportunities.
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Attribute
|
Details
|
|
Base Year
|
2021
|
|
Historical Years
|
2017 – 2020
|
|
Estimated Year
|
2022E
|
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Forecast Period
|
2023F – 2027F
|
|
Quantitative Units
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Revenue in USD Million, and CAGR for 2017-2021 and 2022E-2027F
|
|
Report Coverage
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Revenue forecast, company share, competitive landscape, growth
factors, and trends
|
|
Segments Covered
|
·
Platform
·
Component
·
Application
|
|
Region Scope
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North Rhine-Westphalia, Bavaria, Baden Wurttemberg, Hesse, Saxony
& Rest of Germany
|
|
Key Companies Profiled
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Intel Germany GmbH, IBM Germany, Amazon Web Services Germany,
Robert Bosch GmbH, Cisco Systems, SAP SE, Microsoft Germany GmbH, Oracle
Corporation.
|
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Customization Scope
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10% free report customization with purchase. Addition or
alteration to regional & segment scope.
|
|
Pricing and Purchase Options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase
options
|
|
Delivery Format
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PDF and Excel through Email
(We can also provide the editable version of the report in PPT/Word format on
special request)
|
Report Scope:
In this report, Germany internet
of things (IoT) market has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
- Germany Internet of Things (IoT) Market, By Platform:
- Device Management
- Application Management
- Network Management
- Germany Internet of Things (IoT) Market, By Component:
- Hardware
- Software
- Service
- Germany Internet of Things (IoT) Market, By Application:
- Consumer Electronics
- Smart Mobility & Transportation
- Building & Home Automation
- Connected Logistics
- Smart Retail
- Others
- Germany Internet of Things (IoT) Market, By Region:
- North Rhine-Westphalia
- Bavaria
- Baden Wurttemberg
- Hesse
- Saxony
- Rest of Germany
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in Germany internet of things (IoT) market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
Germany internet of things (IoT) market
is an upcoming report to be released soon. If you wish an early delivery of
this report or want to confirm the date of release, please contact us at [email protected]