Rapid growth of the IoT Industry is Escalating the European IoT Middleware Market

Published: Nov 2020

The European IoT middleware market is projected to grow at a considerable CAGR during the forecast period (2020-2026). This growth is attributed to the rise in secured internet servers which will develop the IT infrastructure more reliable and secure in the country. 

Various technology companies are further contributing to the IoT industry growth. For instance, in November 2019, Nokia, in partnership with AT&T, has unveiled IoT Innovation Studio to solve business problems related to IoT solutions, in Germany. This studio is expected to assist the companies in solving the problems related to IoT. For instance, the companies can look for solutions that can enhance asset tracking and management, including a solution that offers predictive maintenance for connected fleets and related equipment. 

Browse the full report description of "European IoT Middleware Market Size, Share & Trends Analysis Report by Platform (Device Management, Application Management, and Connectivity Management) and by Vertical (Energy & Utilities, Manufacturing, Automotive, Retail, Healthcare, and Others) and Forecast 2020-2026" at https://www.omrglobal.com/industry-reports/european-iot-middleware-market

In November 2019, Telit, a UK-based IoT company, make its industrial-grade 5G data card ‘FN980m’ commercially available, in UK. This new product is specifically designed for use across the globe, integrating support for all scenarios covered under the 3GPP for short, mid, and long-term deployments of 5G. 

This will further include non-standalone LTE-5G NR dual connectivity (EN-DC), full 5G NR standalone mode, and share of the dynamic spectrum between 5G and LTE. This data card is expected to present new opportunities for original equipment manufacturers (OEMs), fixed wireless access, system integrators working with industrial gateways and routers, and including the professional mobile high-resolution video broadcasting equipment and beyond.

Market Coverage

Report Elements

Details

Study Period

2019-2026

Base year

2019

Forecast period

2020-2026

Segments Covered

By Therapeutics and By Condition

Countries Covered

UK, Germany, France, Italy, Spain, and Rest of Europe

Key Companies Profiled

SAP SE, Schneider Electric SE, Siemens AG, Davra, Robert Bosch GmbH, Software AG, Microsoft Corp., and IBM Corp.


Key questions addressed by the report

  • What is the market growth rate during the forecast period?
  • Which segment/region dominates the market in the base year?
  • Which segment/region will project the fastest growth in the market during the forecast period?
  • How COVID-19 will impact the market growth in 2020 and coming years?

o Recovery Timeline

o Deviation from pre-COVID-19

o Most affected region/segment

o Recommendations 

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

European IoT Middleware Market – Segmentation

By Platform

  • Device Management
  • Application Management
  • Connectivity Management

By Application 

  • Energy & Utilities 
  • Manufacturing
  • Automotive
  • Retail
  • Healthcare 
  • Others (BFSI and Defense)

European IoT Middleware Market – Segmentation by Geography

  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe

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