ReportsWeb- IoT in Europe-Market opportunities and main applic

IoT in Europe-Market opportunities and main applications
ReportsWeb.com published “IoT Market” from its database. The report covers the market
landscape and its growth prospects over the coming years. The report also includes a discussion
of the key vendors operating in this market.
"IoT in Europe: Market opportunities and main applications", a new Telecom Insider Report by
Publisher offers a thorough study of the size of the IoT market and different strategies of
telecom operators in the European region. The report analyses the strategies pertaining to IoT
verticals.
The high penetration of smartphones has favored the mass usage of IoT-related applications
and has appeared as an essential IoT device for the IoT ecosystem. The storage capacity
provided by cloud computing and the analytics stemming from big data have also foster growth
of IoT. Europe will boast the most IoT connections worldwide in 2017, followed by the
Americas, Asia-Pacific and Africa and Middle East, and will remain leader through 2020.
Publisher expects total IoT connections to reach 3.1 million in 2020 supported by businesses'
needs to optimize resources, enhance customer experience and generate new revenue
streams. Cellular M2M connections are gaining traction among total SIM cards in Europe,
representing 7% of the market in 2017. In terms of IoT applications in Europe, Publisher
forecasts the share of smart metering in total connections to decline to 28% in 2020, from 52%
in 2017, as industrial and finance applications boom. European telcos have invested different
IoT applications with telematics, fleet management, smart cities and smart home being four
specific example illustrated in this report.
For more information about this report at http://www.reportsweb.com/iot-in-europe-market-
opportunities-and-main-applications
The report consists of the following sections-
- Introduction: This section briefly examines the definition of IoT and M2M and offers a
snapshot of the different IoT standards.
- Key Drivers: This section highlights the three main drivers behind the proliferation of IoT
connections, namely the high take-up of smartphones, cloud computing and bidg data analytics
(BDA).
- Market sizing: This section provides an estimate and forecast through 2020 of total IoT
connections worldwide and in Europe. It also take a dive into the size of IoT in Europe by
connectivity, vertical and applications
- Case studies: We continue with a review of the IoT applications that leading telecom
companies-Vodafone Germany, Orange France, Telefónica Spain and O2 UK-have been
following to increase presence in the IoT environment.
- Key findings and recommendations: We conclude the report with a summary of key findings