Germany IoT market is expected to witness a significant growth with the CAGR of approximately 21% during the forecast period. Germany’s well-established infrastructure and consumer base are driving demand for cloud services in the country. It is estimated that 26% of German companies do not currently use or plan to use cloud services in their operations that indicates the huge market potential that Germany’s private sector offers for cloud adoption and an expanding need for diverse cloud services. Germany’s cloud market is attractive to international, regional, and domestic cloud service providers. Furthermore, the country’s status as a mature market in Europe means that domestic and foreign cloud providers alike benefit from a refined existing infrastructure.
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Germany IoT market is expected to witness a significant growth with the CAGR of approximately 21% during the forecast period. Germany’s well-established infrastructure and consumer base are driving demand for cloud services in the country. It is estimated that 26% of German companies do not currently use or plan to use cloud services in their operations that indicates the huge market potential that Germany’s private sector offers for cloud adoption and an expanding need for diverse cloud services. Germany’s cloud market is attractive to international, regional, and domestic cloud service providers. Furthermore, the country’s status as a mature market in Europe means that domestic and foreign cloud providers alike benefit from a refined existing infrastructure.
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Germany IoT Market Segmentation
By Infrastructure
- Platform
- Mobile Networks and Access Technologies
- Cloud Solutions/Storage and Processing
- Analytics
- Security
By Vertical
- Healthcare
- Health
- Pharmaceuticals Segment
- Biotechnology
- Energy
- Public & Services
- Government
- BFSI
- Others (Hospitality and Entertainment)
Transportation
- Aerospace
- Automotive
- Rails And Systems
- Marine
- Retail
- Individuals
- Others (Manufacturing)
By Application
- Smart Home
- Smart Wearable
- Smart Cities
- Smart Grid
- IoT Industrial Internet
- IoT Connected Cars
- IoT Connected Healthcare
- Others (Toys and Drones
Company Profiles
- Auvesy
- Balluff, Inc
- Beckhoff
- Capgemini
- DEUTSCHE TELEKOM
- Ericsson
- Apple Inc.
- AT&T Inc.
- Amazon Web Services
- Dell EMC
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