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.

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.

Research Methodology

The market study of the European IoT middleware market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary sources include:

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report is intended for IoT companies, software vendors, IT companies, industry associates & experts, system integrators, end-user industry, government organizations, regulatory bodies, industry associates & experts, and other market participants for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation:

1. European IoT middleware Market Research and Analysis by Platform
2. European IoT middleware Market Research and Analysis by Vertical

The Report covers:

• Comprehensive research methodology of the European IoT middleware market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the European IoT middleware market.
• Insights about market determinants which are stimulating the European market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.