Revenue from Internet of Things in Europe 2022, by segment

Internet of Things market revenue in Europe in 2022, by segment

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Supplementary notes

Data provided by Statista Market Outlooks are estimates

The term Internet of Things (IoT) describes a network of physical and virtual devices that are able to communicate autonomously with each other using the Internet Protocol (IP). The Internet of Things market contains important applications of IoT technologies. These include Smart Home technologies and Smart Finance technologies. Each category is segmented into pure IoT revenues from dedicated hardware, platforms, services, and connectivity.

Market values represent pure IoT revenues paid to primary vendors at manufacturer price level either directly or through distribution channels (excluding VAT). Reported market revenues include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Revenues are allocated to the country where the money is spent.

All figures are estimate. A detailed methodology can be found in the Statista Market Outlook.

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Europe overview

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Segments: Smart Home

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Segments: Smart FinTech

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