France Internet of Things (IoT) Market Size, Share, Outlook, Trends, Demand, Industry Growth & France IoT Market Analysis 2027 By Platform (Device Management, Application Management, Network Management), By Component (Hardware, Software, Services), By Application, By Company, By Region, Forecast & Opportunities

Snapshot img

IoT Analytics Market Size 2024-2028

The iot analytics market size is forecast to increase by USD 153.66 billion, at a CAGR of 46.4% between 2023 and 2028.

The Internet of Things (IoT) analytics market is experiencing significant growth, driven by the increasing need to improve business efficiency and enhance operational productivity. One of the most promising sectors for IoT analytics is healthcare, where real-time data analysis is revolutionizing patient care and diagnosis. However, the market's expansion is not without challenges. The sluggish connectivity for IoT devices poses a significant obstacle, limiting the potential for widespread adoption and integration. To capitalize on the market opportunities and navigate these challenges effectively, companies must focus on developing robust IoT analytics solutions that can seamlessly integrate with various devices and networks. By addressing the connectivity issue and delivering actionable insights, organizations can unlock the full potential of IoT analytics and transform their operations.

What will be the Size of the IoT Analytics Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
Request Free SampleThe Internet of Things (IoT) analytics market is characterized by continuous evolution and dynamic market activities. Deep learning and machine learning algorithms are increasingly being integrated into IoT systems for advanced data analysis, enabling real-time decision making and process automation. Edge computing, with its ability to process data closer to the source, enhances operational efficiency and reduces latency in data transfer. Financial services sector is leveraging IoT analytics for fraud detection, risk management, and customer behavior analysis. Wireless networks and low-power wide-area networks facilitate seamless data acquisition from smart devices, ensuring data privacy and security through robust protocols and encryption techniques. Cloud integration and API management enable easy access to data and integration with business intelligence tools, enabling data visualization and data governance. Industrial IoT applications span across various sectors, including supply chain management, fleet management, and smart manufacturing, with a focus on cost optimization and energy management. IoT security is a critical concern, with ongoing efforts towards developing advanced security protocols and firmware updates. Precision agriculture, smart homes, retail analytics, and smart cities are among the emerging applications of IoT analytics, offering significant potential for process automation, environmental monitoring, and public safety. The market dynamics of IoT analytics are shaped by ongoing advancements in artificial intelligence, data analytics, and software defined networking. Integration services and deployment strategies continue to evolve, enabling seamless integration with consumer electronics, healthcare monitoring, and energy management systems. Open standards and real-time monitoring are essential for ensuring interoperability and scalability in IoT ecosystems.

How is this IoT Analytics Industry segmented?

The iot analytics industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. ComponentSoftwareServicesEnd-userManufacturingRetailHealthcareTelecommunication and ITOthersGeographyNorth AmericaUSCanadaEuropeFranceGermanySpainUKAPACAustraliaChinaIndiaJapanRest of World (ROW).

By Component Insights

The software segment is estimated to witness significant growth during the forecast period.In the dynamic landscape of IoT analytics, software solutions have emerged as a dominant force in 2023, accounting for a significant market share. This trend is driven by the expanding global reach of IT and retail companies, necessitating large-scale data management. The surge in SME growth in emerging economies, such as China, India, Brazil, Indonesia, and Mexico, further fuels the demand for data-driven decision-making tools. companies in the market offer software solutions to various industries, enabling real-time data acquisition and analysis for valuable business insights. Edge computing, machine learning, and artificial intelligence technologies are integrated into these solutions to optimize operational efficiency, enhance process automation, and bolster data security. Furthermore, the integration of wireless networks, cloud services, and APIs facilitates seamless data exchange and analysis. Low-power wide-area networks and sensor networks expand the reach of IoT analytics, enabling precision agriculture, smart homes, and retail analytics, among other applications. The market also prioritizes data privacy, securit

The France IT Services Market Report is Segmented by Service Type (IT Consulting and Implementation, IT Outsourcing, Business Process Outsourcing, and More), End-User Enterprise Size (Small and Medium Enterprises, and Large Enterprises), Deployment Model (Onshore Delivery, and More), and End-User Vertical (BFSI, Manufacturing, Government and Public Sector, and More). The Market Forecasts are Provided in Terms of Value (USD).

Snapshot img

Industrial IoT Gateway Market Size 2025-2029

The industrial IoT gateway market size is valued to increase USD 3.41 billion, at a CAGR of 20.9% from 2024 to 2029. Leveraging manufacturing data for predictive maintenance will drive the industrial IoT gateway market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 39% growth during the forecast period.
By Connectivity - Wired IoT Gateway segment was valued at USD 364.70 billion in 2023
By End-user - Process industries segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 434.36 million
Market Future Opportunities: USD 3410.30 million
CAGR : 20.9%
APAC: Largest market in 2023

Market Summary

The market is a dynamic and continually evolving landscape, driven by the increasing adoption of core technologies such as edge computing and wireless communication. These technologies enable the collection, processing, and transmission of data from industrial IoT devices, facilitating applications like predictive maintenance and real-time monitoring. According to a recent study, the market for industrial IoT gateways is projected to account for over 30% of the total IoT gateway market share by 2025. However, the high installation cost due to the need for multiple gateways and the increasing focus on providing end-to-end services remain significant challenges.
Regulations, such as those related to data security and privacy, also play a crucial role in shaping the market. Despite these challenges, opportunities abound, particularly in sectors like manufacturing and energy, where the potential for operational efficiency gains and cost savings is significant.

What will be the Size of the Industrial IoT Gateway Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free Sample

How is the Industrial IoT Gateway Market Segmented and what are the key trends of market segmentation?

The industrial iot gateway industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Connectivity

  Wired IoT Gateway
  Wireless IoT Gateway


End-user

  Process industries
  Discrete industries


Processing Capability

  Edge IoT Gateway
  Standard IoT Gateway


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Connectivity Insights

The wired IoT gateway segment is estimated to witness significant growth during the forecast period.

The market is experiencing significant growth, with the Bluetooth segment currently holding a substantial market share of around 45%. This dominance is attributed to Bluetooth's advanced features, including low power consumption, faster data transfer speeds, and robust encryption for device pairing. Operating in the frequency range of 2,402 GHz to 2,480 GHz, Bluetooth is ideal for short-range communications, making it a preferred choice for the building automation industry due to its close connectivity and high data security. Looking ahead, the market is expected to expand further, with the wireless communication segment projected to grow by approximately 30% in the next five years.

This growth is driven by the increasing adoption of wireless technologies in various industries, such as manufacturing, transportation, and energy, for real-time data processing and predictive maintenance models. Moreover, the market is witnessing the integration of various industrial communication protocols, including MQTT, OPC UA, Modbus, and SCADA, enabling seamless data acquisition and exchange between industrial automation systems and control systems. These integrations are essential for industrial IoT gateways to provide data visualization dashboards, remote monitoring systems, and data logging capabilities, enhancing operational efficiency and productivity. In terms of security, industrial IoT gateways are equipped with advanced network security protocols, such as TLS/SSL, VPN, and firewalls, ensuring data protection and privacy.

Request Free Sample

The Wired IoT Gateway segment was valued at USD 364.70 billion in 2019 and showed a gradual increase during the forecast period.

Additionally, edge computing devices, API integrations, and predictive maintenance models are becoming increasingly popular, enabling real-time data processing and remote diagnostics capabilities. The market's growth is further fueled by the integration of various industrial ethernet standards, including EtherNet/IP, PROFINET, and Modbus TCP, which facilitate communication between devices and systems. These standards ensure interoperability and com

Snapshot img

Internet Of Things (IoT) Market Size 2024-2028

The internet of things (iot) market size is valued to increase USD 1554.5 billion, at a CAGR of 18.52% from 2023 to 2028. Technological developments in different platforms will drive the internet of things (iot) market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 37% growth during the forecast period.
By Application - Industrial segment was valued at USD 188.70 billion in 2022
By Technology - RFID segment accounted for the largest market revenue share in 2022

Market Size & Forecast

Market Opportunities: USD 302.53 billion
Market Future Opportunities: USD 1554.50 billion
CAGR : 18.52%
APAC: Largest market in 2022

Market Summary

The market encompasses a vast and dynamic landscape of core technologies and applications, continually evolving to redefine the way we connect and interact with the world around US. IoT technologies, including wireless communication, cloud computing, and machine learning, are revolutionizing industries and transforming everyday life. According to a recent study, the global IoT market share in the industrial sector is projected to reach 22% by 2025. Core IoT applications span across industries, including healthcare, manufacturing, transportation, and agriculture, with wearables gaining significant traction for monitoring human health and environmental conditions. However, the market faces challenges such as the lack of awareness and efficient management of IoT initiatives and investments.
Technological developments in various platforms, including edge computing and 5G networks, are addressing these challenges and creating new opportunities. For instance, edge computing enables real-time data processing and analysis, while 5G networks offer faster connectivity and lower latency. These advancements are expected to drive the growth of the IoT market, with the adoption rate projected to reach 50 billion connected devices by 2030.

What will be the Size of the Internet Of Things (IoT) Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free Sample

How is the Internet Of Things (IoT) Market Segmented and what are the key trends of market segmentation?

The internet of things (iot) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Industrial
  Retail
  Healthcare
  ICT
  Others


Technology

  RFID
  Sensors
  NFC
  Cloud services
  Others


Geography

  North America

    US


  Europe

    France
    Germany
    Norway


  APAC

    China


  Rest of World (ROW)

By Application Insights

The industrial segment is estimated to witness significant growth during the forecast period.

The market is experiencing significant growth, with an estimated 27.1% of businesses implementing IoT solutions as of 2021. This trend is expected to continue, with 30.9% of companies planning to adopt IoT technology in the near future. IoT technology enables device authentication, software-defined networking, and latency reduction, among other advancements, to streamline business operations and enhance productivity. Sensor networks, firmware updates, wireless communication, and hardware acceleration are integral components of IoT infrastructure. Machine learning algorithms, edge computing, remote device management, data visualization tools, and cybersecurity measures ensure data integrity and security. Real-time monitoring, bandwidth optimization, and device provisioning are essential for efficient IoT implementation.

Low-power wide-area networks and power consumption metrics are crucial for IoT devices, especially in industrial applications. Predictive maintenance, cloud computing platforms, data acquisition, system scalability, data analytics dashboards, and embedded systems are key features that enable businesses to gain valuable insights from IoT data. The IoT market faces challenges such as network security protocols, interoperability standards, and data encryption. However, these issues are being addressed through ongoing research and development efforts. IoT is transforming industries worldwide, from manufacturing and healthcare to transportation and agriculture, offering opportunities for innovation and growth.

Request Free Sample

The Industrial segment was valued at USD 188.70 billion in 2018 and showed a gradual increase during the forecast period.

Request Free Sample

Regional Analysis

APAC is estimated to contribute 37% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

See How Internet Of Things (IoT) Mar

The French ICT market, exhibiting a robust Compound Annual Growth Rate (CAGR) of 7.70% from 2019 to 2024, is poised for continued expansion throughout the forecast period (2025-2033). This growth is fueled by several key drivers, including increasing digital transformation initiatives across various industry verticals, a rising demand for advanced technologies such as AI and cloud computing, and substantial government investment in digital infrastructure. The BFSI, IT & Telecom, and Government sectors are leading adopters, driving significant demand for hardware, software, IT services, and telecommunication services. The large enterprise segment contributes substantially to the market value due to its higher spending capacity on ICT solutions. However, challenges such as cybersecurity threats and data privacy concerns act as restraints, necessitating robust security measures and compliance frameworks. The market segmentation by type (hardware, software, IT services, telecommunication services) and enterprise size (small and medium enterprises, large enterprises) offers valuable insights for strategic market penetration. Companies like Apple, Samsung, Cisco, Microsoft, and major Indian IT services firms are key players, competing intensely for market share. Further growth is anticipated due to ongoing technological advancements and France's commitment to strengthening its digital economy. The projected market size for 2025 forms the baseline for forecasting future growth. Given the 7.70% CAGR observed historically, applying this rate conservatively to the estimated 2025 market size enables projections for the forecast period. The impact of macroeconomic factors, potential shifts in government policy, and emerging technological disruptions will all influence the actual trajectory. However, the current positive growth indicators suggest continued expansion of the French ICT sector, making it an attractive market for both domestic and international players. The competitive landscape will remain dynamic, requiring strategic adaptation and innovation to maintain a strong market position. The increasing adoption of cloud-based solutions and the rising importance of cybersecurity will redefine the market landscape in the coming years. Recent developments include: June 2022 - French defense company Thales created a new firm, S3NS, in partnership with Google to provide state-vetted cloud computing services for storing some of the country's most sensitive data. Hence, it would offer the public and private enterprises in France the power of Google Cloud in a manner consistent with France's 'Trusted Cloud' designation., June 2022 - Oracle declared the opening of a second cloud region in France to offer public cloud services to assist businesses in modernizing their overall operations. In addition to the Oracle Cloud Marseille region, the new region in La Courneuve, Paris, will provide Oracle's European partners and customers access to a vast cloud services portfolio with disaster recovery, built-in security, and industry-leading price performance. Oracle's unique dual-region cloud strategy allows French customers to deploy resilient applications in multiple geographical locations in-country.. Key drivers for this market are: Increased Government initiatives in 5G is Expected to Drive the Market, Increase in the Overall Demand for Digitalization and Scalable IT Infrastructure. Potential restraints include: Increased Government initiatives in 5G is Expected to Drive the Market, Increase in the Overall Demand for Digitalization and Scalable IT Infrastructure. Notable trends are: Increased Government initiatives in 5G is Expected to Drive the Market.

The European IoT security market is booming, projected to reach €[Estimated Value] by 2025 and grow at a CAGR of 11.85% through 2033. Discover key drivers, trends, restraints, and leading companies shaping this dynamic sector. Learn more about IoT security solutions, market segmentation, and regional insights for Europe. Recent developments include: November 2022 - Sophos Launched Managed Detection and Response (MDR) Service from an endpoint security provider that integrates vendor-agnostic telemetry. MDR is capable of threat detection and response capabilities. MDR offers unprecedented visibility and detection across diverse operating environments., November 2022 - Wipro launches European cyber security consultancy services. Wipro, a technology services and consulting provider has launched a strategic cyber security consulting service in Europe that is intended to give clients a complete solution to cope with security threats. Customers will have access to the whole range of cyber security capabilities offered by the organization, from strategy and execution to managed services, owing to the new offering accessible through Wipro CRS Europe., September 2022 - The European Commission launches a new Cyber Resilience Act to secure IoT devices in Europe. The Act prescribes minimum security standards for connected devices during product development and throughout the product life cycle to increase the security of European IoT software and hardware. In addition to holding manufacturers responsible for ensuring that their products are digitally secure, the Act will provide customers with further information about the security of their gadgets., January 2022- Based on Govt. United Kingdom report, the government of the United Kingdom provides software and technical assistance to Unite Kingdom entrepreneurs to help their growth. From the beginning of January 2022, applications are set to be open for the government's Help to Grow: Digital schemes, which assist smaller businesses in implementing digital technologies in favor of growth. Moreover, the project also provides businesses with discounts of up to £5,000 ( USD 5266.50) on approved Digital Accounting and Customer Relations Management (CRM) software. The government provides a dedicated website for this scheme, which offers free and impartial support and is currently operational to boost businesses' digital skills.. Key drivers for this market are: Increasing Number of Data Breaches, Emergence of Smart Cities. Potential restraints include: Increasing Number of Data Breaches, Emergence of Smart Cities. Notable trends are: Increasing Number of Data Breaches is Expected to Boost the Demand.

Snapshot img

Industrial Internet Of Things (IoT) Market Size 2025-2029

The industrial internet of things (IoT) market size is valued to increase USD 195.8 billion, at a CAGR of 14.8% from 2024 to 2029. Growth in industrial automation will drive the Industrial Internet of Things (IoT) market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 43% growth during the forecast period.
By End-user - Manufacturing segment was valued at USD 28.50 billion in 2023
By Component - Hardware segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 262.15 billion
Market Future Opportunities: USD 195.80 billion
CAGR : 14.8%
APAC: Largest market in 2023

Market Summary

The market encompasses a dynamic and continuously evolving landscape, driven by the integration of core technologies such as artificial intelligence, machine learning, and advanced sensors into industrial processes. IoT applications span various sectors, including manufacturing, transportation, energy, and healthcare, with a growing emphasis on improving operational efficiency and productivity. According to recent studies, the industrial automation segment is expected to dominate the market, accounting for over 40% of the total IoT spending. The evolving global device manager market is another significant factor, with an increasing number of organizations recognizing the need for efficient management of their IoT initiatives and investments.
However, the market faces challenges, such as the lack of awareness and understanding of IoT technologies among businesses and the need for robust security measures to protect against cyber threats. Despite these challenges, opportunities abound, including the potential for predictive maintenance, real-time data analysis, and enhanced supply chain visibility. With the increasing adoption of IoT technologies, the market is poised for significant growth, offering numerous benefits to businesses across industries.

What will be the Size of the Industrial Internet Of Things (IoT) Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free Sample

How is the Industrial Internet Of Things (IoT) Market Segmented and what are the key trends of market segmentation?

The industrial internet of things (IoT) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Manufacturing
  Automotive and transportation
  Energy and utilities
  Healthcare
  Others


Component

  Hardware
  Software
  Services
  Platforms


Connectivity

  Wired
  Wireless


Deployment

  On-cloud
  On-premises


Organization Size

  Large Enterprises
  Small and Medium Enterprises (SMEs)


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  APAC

    Australia
    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By End-user Insights

The manufacturing segment is estimated to witness significant growth during the forecast period.

In the dynamic and evolving market, data visualization dashboards play a pivotal role in making informed business decisions. IoT sensors are integrated into various industries, including machinery, food and beverage, chemicals and materials, and electrical and electronics, to monitor equipment performance and optimize processes. High-performance computing and distributed ledger technology facilitate real-time data processing and secure transactions. Operational efficiency improvements are achieved through the implementation of manufacturing execution systems, software-defined networking, and data acquisition systems. Time series databases and edge computing devices enable sensor data fusion, while cloud computing platforms offer scalability and flexibility. Anomaly detection methods and network security protocols ensure data security and privacy.

Remote monitoring systems and digital twin technology provide insights into industrial processes, enabling predictive maintenance models and process optimization techniques. Industrial control systems and energy management systems are enhanced through IoT integration, leading to significant energy savings. Low-power wide-area networks facilitate seamless connectivity, while machine learning algorithms and real-time data processing optimize performance and reduce downtime. Despite the numerous benefits, cybersecurity threats pose a challenge to IoT adoption. Data stream mining and big data analytics help businesses gain valuable insights from the vast amounts of data generated by IoT devices. System integration services ensure seamless implementation of IoT solutions, while smart factory impl

The France Digital Transformation Market report segments the industry into By Type (Artificial Intelligence and Machine Learning, Extended Reality (VR & AR), IoT, Industrial Robotics, Blockchain, and more), and By End-User Industry (Manufacturing, Oil, Gas, and Utilities, Retail and E-commerce, Transportation and Logistics, and more).

Forecast: Employees in IT services Sector in France 2022 - 2026 Discover more data with ReportLinker!

The statistic shows trends in Information Technology (IT) revenue in France from the fourth quarter of 2014 to the first quarter of 2020. In the first quarter of 2020, Information Technology generated a revenue of approximately 1,7 billion euros.

Techsalerator’s Business Technographic Data for France: Unlocking Insights into France’s Technology Landscape

Techsalerator’s Business Technographic Data for France provides an expansive dataset essential for businesses, market analysts, and technology vendors aiming to understand and engage with companies in France. This dataset offers a deep dive into France's technology landscape, cataloging and analyzing information related to technology stacks, digital tools, and IT infrastructure used by businesses across the country.

Please reach out to us at info@techsalerator.com or visit Techsalerator Contact.

Top 5 Most Utilized Data Fields

1. Company Name: This field lists the names of French companies included in the analysis, allowing technology vendors to effectively target their solutions and enabling analysts to assess technology adoption trends in different sectors of the French market.

2. Technology Stack: This field outlines the specific software solutions and technologies utilized by companies in France, such as ERP systems, cloud services, and cybersecurity tools. Insights into the technology stack provide valuable information on the companies' operational efficiencies and digital maturity.

3. Deployment Status: This field reflects the current status of technology adoption—whether it's implemented, in testing, or planned for future use. Understanding deployment trends helps vendors gauge the readiness of businesses for new technology solutions in France.

4. Industry Sector: This field classifies companies based on their industry, such as retail, telecommunications, or healthcare. Segmenting by industry enables tailored solutions for specific needs, supporting better market penetration in the French tech ecosystem.

5. Geographic Location: This field details the geographic distribution of the companies within France, highlighting where technology adoption is strongest and offering regional analysis for more focused marketing strategies.

Top 5 Technology Trends in France

1. 5G Expansion and Digital Infrastructure: France is at the forefront of Europe’s 5G rollout, driving innovations in telecommunications, smart cities, and IoT (Internet of Things). The country's commitment to expanding digital infrastructure is rapidly transforming sectors such as transportation, healthcare, and logistics.

2. Artificial Intelligence (AI) and Automation: France is embracing AI and automation technologies to improve productivity and optimize operations across industries like finance, manufacturing, and retail. The government’s national AI strategy is further accelerating adoption.

3. Cybersecurity and Data Protection: With GDPR and other stringent regulations, cybersecurity is a top priority for French businesses. Companies are investing heavily in threat detection, encryption, and privacy protection to secure their data and comply with legal requirements.

4. Sustainability and Green Technology: French businesses are increasingly focused on sustainability, with significant investments in green technology, including renewable energy, eco-friendly manufacturing processes, and circular economy initiatives, driven by both consumer demand and government policies.

5. Cloud Computing and SaaS Solutions: Cloud adoption is gaining momentum in France, with companies across all industries moving towards cloud-based solutions to achieve cost efficiency, flexibility, and scalability. This is particularly evident in sectors like finance, government, and education.

Top 5 Companies with Notable Technographic Data in France

1. Orange: As a leading telecommunications provider in France, Orange is heavily investing in 5G infrastructure and IoT innovations, positioning itself as a key player in the country’s digital transformation.

2. Dassault Systèmes: A global leader in 3D design software, Dassault Systèmes is driving innovation in sectors like aerospace, automotive, and construction through its cutting-edge digital tools and AI-based solutions.

3. TotalEnergies: A major player in the energy sector, TotalEnergies is investing in renewable energy and sustainability technologies to transition toward a greener economy, playing a pivotal role in France's energy transformation.

4. Schneider Electric: Known for its leadership in energy management and automation solutions, Schneider Electric is spearheading smart grid technologies and sustainability efforts in France’s industrial and utilities sectors.

5. Capgemini: A leading IT services and consulting company, Capgemini is at the forefront of digital transformation initiatives across various sectors, offering cloud, AI, and cybersecurity solutions tailored to meet the evolving needs of businesses in France.

Accessing Techsalerator’s Business Technographic Data

If you are interested in obtaining Tec...

The France ICT Market Report Segments the Industry Into by Type (IT Hardware, IT Software, IT Services, IT Infrastructure/Data Centers, IT Security/ Cybersecurity, Communication Services), by Enterprise Size (Small and Medium Enterprises, Large Enterprises), and by Industry Vertical (BFSI, IT and Telecom, Government, and More). The Market Forecasts are Provided in Terms of Value (USD).

The revenue in the 'IT Outsourcing' segment of the it services market in France was modeled to be ************* U.S. dollars in 2024. Between 2016 and 2024, the revenue rose by ************* U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The revenue will steadily rise by ************* U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on IT Outsourcing.

Snapshot img

Narrowband-Internet Of Things Market Size 2025-2029

The narrowband-internet of things (NB-IoT) market size is forecast to increase by USD 7.4 billion, at a CAGR of 49.7% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing adoption of smart city initiatives and the rising demand for edge computing and artificial intelligence (AI) in IoT applications. Cities worldwide are investing in NB-IOT to enhance infrastructure, improve public services, and create more sustainable urban environments. Furthermore, the integration of edge computing and AI in NB-IOT devices enables real-time data processing and analysis, leading to more efficient operations and informed decision-making. However, the market faces challenges that require careful attention.
The lack of standardization and interoperability among various IoT technologies and platforms hampers seamless integration and communication between devices and systems. Addressing these challenges will be crucial for companies seeking to capitalize on the market's opportunities and navigate complexities effectively. By focusing on developing interoperable solutions and collaborating with industry partners, organizations can create a more connected and efficient IoT ecosystem. NB-IOT device certification and gateway deployment strategies are crucial considerations for energy metering solutions, data visualization tools, asset tracking solutions, and other applications.

What will be the Size of the Narrowband-Internet Of Things (NB-IOT) Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free Sample

The NB-IOT market continues to evolve, driven by the increasing demand for remote device configuration and real-time data streaming in various sectors. Network slicing technology enables service providers to allocate resources dynamically, ensuring optimal network coverage mapping and scalability planning for LPWAN network deployment. With cellular IoT connectivity becoming more prevalent, cloud platform integration becomes essential for managing and analyzing data through data analytics dashboards. One notable example of NB-IOT's impact is in the agriculture industry, where real-time data streaming from sensors enables farmers to optimize irrigation and reduce water consumption by up to 30%. Network infrastructure design and device interoperability standards are crucial for ensuring seamless integration of firmware over-the-air updates, power consumption metrics, and data encryption algorithms.

Moreover, network infrastructure design plays a significant role in network latency optimization and signal propagation analysis. Software-defined networking and bandwidth optimization techniques facilitate sensor data aggregation and machine-to-machine communication. Spectrum allocation and network virtualization are essential for energy harvesting solutions and edge computing integration in long-range wide-area networks. The NB-IOT market is expected to grow at a robust pace, with industry analysts projecting a compound annual growth rate of over 20% in the coming years. The ongoing development of hardware specifications, data transmission protocols, and network infrastructure design will continue to shape the market, driving innovation and enabling new applications in various industries.

How is this Narrowband-Internet Of Things (NB-IOT) Industry segmented?

The narrowband-internet of things (NB-IOT) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Automotive
  Energy and utilities
  Healthcare
  Agriculture
  Others


Application

  Smart meters
  Smart parking
  Trackers
  Alarms and detectors
  Wearable devices


Component

  Network
  Module


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By End-user Insights

The Automotive segment is estimated to witness significant growth during the forecast period. The market is experiencing significant growth, particularly in the automotive sector. NB-IOT, a low-power wide-area network technology, offers extensive coverage and efficient data management, making it an ideal choice for automotive applications. In the automotive industry, NB-IOT is utilized by vehicle manufacturers, fleet management companies, and service providers for various purposes. These include real-time vehicle tracking, remote diagnostics, predictive maintenance, and monitoring of vehicle conditions. NB-IOT facilitates seamless communication between vehicles and infrastructu

France Smart Home Market Report is Segmented by Product (Comfort and Lighting, Control and Connectivity, Energy Management and More), Connectivity Technology (Wi-Fi, Bluetooth and BLE and More), Distribution Channel (Do-It-Yourself Retail, E-Commerce and More), Dwelling Type (Single-Family Houses and Multi-Family Apartments). The Market Forecasts are Provided in Terms of Value (USD).

The revenue in the IT services market in France was forecast to continuously increase between 2023 and 2027 by in total ** billion U.S. dollars (+***** percent). The revenue is estimated to amount to ***** billion U.S. dollars in 2027, with the IT Outsourcing segment generating the largest share of the market, at ***** billion U.S. dollars.

Snapshot img

Internet Of Things (IoT) Security Market Size 2025-2029

The internet of things (iot) security market size is valued to increase USD 268.3 billion, at a CAGR of 39% from 2024 to 2029. Technological developments in different platforms will drive the internet of things (iot) security market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 44% growth during the forecast period.
By End-user - Industrial sector segment was valued at USD 12.10 billion in 2023
By Deployment - On-premises segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 1.00 billion
Market Future Opportunities: USD 268.30 billion
CAGR : 39%
APAC: Largest market in 2023

Market Summary

The market encompasses a continually evolving landscape, driven by the increasing adoption of core technologies and applications. IoT security solutions are increasingly essential as businesses and individuals leverage IoT devices to enhance productivity and monitor various aspects of their operations and personal lives. According to a recent study, the global IoT security market is projected to reach a significant market share by 2026, underscoring its growing importance. Core technologies, such as machine learning and artificial intelligence, are revolutionizing IoT security by enabling advanced threat detection and response capabilities. Applications, including industrial automation, healthcare, and smart homes, are also driving market growth.
However, challenges persist, such as the lack of awareness of efficient management of IoT initiatives and investments. Regulations, such as the General Data Protection Regulation (GDPR) and the Health Insurance Portability and Accountability Act (HIPAA), are increasingly shaping the market by mandating robust security measures. Technological developments in different platforms, including wearables used to monitor human health and the environment, further expand the market's reach and potential. Despite these opportunities, the evolving nature of the IoT security market necessitates ongoing vigilance and innovation to address emerging threats and ensure the secure integration of IoT devices into our lives and businesses.

What will be the Size of the Internet Of Things (IoT) Security Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free Sample

How is the Internet Of Things (IoT) Security Market Segmented and what are the key trends of market segmentation?

The internet of things (iot) security industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Industrial sector
  Commercial sector
  Consumer sector


Deployment

  On-premises
  Cloud


Type

  Network security
  Endpoint security
  Cloud security
  Application security


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By End-user Insights

The industrial sector segment is estimated to witness significant growth during the forecast period.

The market is experiencing significant growth as businesses increasingly adopt connected devices to optimize operations and gain a competitive edge. According to recent studies, the IoT security market is projected to expand by 25% in the upcoming year, with an additional 18% expected in the following year. This growth is driven by the increasing adoption of advanced security solutions, such as intrusion detection systems, network security protocols, and secure communication channels. Penetration testing services and IoT device security are also gaining traction, with authorization policies, data integrity verification, and machine learning security becoming essential components of IoT security strategies. Blockchain security applications, artificial intelligence security, and authentication mechanisms are also being integrated to enhance security and mitigate risks.

Data loss prevention, key management systems, and cryptographic protocols are critical elements of IoT security, with zero trust architecture, secure boot processes, and encryption algorithms being implemented to protect sensitive data. Physical security measures, threat modeling techniques, secure coding practices, and risk assessment methodologies are also being employed to strengthen IoT security. Anomaly detection systems, endpoint security software, behavior analytics security, security audits and compliance, vulnerability assessment tools, firmware security updates, secure remote access, access control lists, and wireless security standards are all integral to the evolving IoT security landscape. With the

Snapshot img

Satellite-enabled IoT Market Size 2024-2028

The satellite-enabled iot market size is forecast to increase by USD 2.31 billion at a CAGR of 21.92% between 2023 and 2028.

The market is experiencing significant growth, driven by the increasing usage of the Internet of Things (IoT) in various industries and the substantial research and development (R&D) spending in the aerospace and defense sectors. The integration of IoT with satellite technology enables real-time data collection and transmission from remote locations, making it an essential solution for various applications, including agriculture, transportation, and energy. However, the market is not without challenges. Regulatory issues surrounding satellite operations and services pose a significant hurdle, requiring companies to comply with stringent regulations and standards. Despite these challenges, the market's strategic landscape offers ample opportunities for companies to capitalize on the growing demand for satellite-enabled IoT solutions. Companies seeking to navigate this market effectively should focus on developing innovative technologies, complying with regulatory requirements, and collaborating with key industry players to expand their reach and offer comprehensive solutions.

What will be the Size of the Satellite-enabled IoT Market during the forecast period?

Request Free SampleThe market encompasses the use of Low Earth Orbit (LEO) satellites for direct-to-satellite connectivity, particularly in less developed countries and defense organizations. This market has gained traction due to the increasing demand for high-speed broadband in remote areas and the need for real-time situational awareness. LEO satellites offer advantages such as low latency, high-frequency bands like Ka-band and V-band, and the ability to cover vast geographical areas. The market's growth can be attributed to the proliferation of IoT devices, the adoption of AI-based algorithms, and the integration of satellite technology with various industries, including agriculture, nature monitoring, and economic activities. The 1990s saw the initial development of LEO satellite constellations, but recent advancements in technology have led to an opportunity for growth, with companies like Myriota, Astrocast, and Hiberband Direct entering the fray. Despite the potential, challenges remain, such as cybersecurity attacks and the need for ground gateways. As 5G networks continue to roll out, the integration of satellite technology with terrestrial networks may further expand the market's reach. Overall, the market is poised for significant growth, offering a promising future for various applications, from precision agriculture to industrialized countries' economic development.

How is this Satellite-enabled IoT Industry segmented?

The satellite-enabled iot industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. SourceLarge enterpriseSMEsServiceDirect-to-satelliteSatellite IoT backhaulGeographyNorth AmericaUSEuropeFranceRussiaAPACChinaJapanMiddle East and AfricaSouth America

By Source Insights

The large enterprise segment is estimated to witness significant growth during the forecast period.The Satellite IoT market encompasses LEO (Low Earth Orbit) satellites that enable economic activities in industrialized and less developed countries. LEO-based services, such as precision farming with GPS, navigation applications, nature monitoring, and disaster response, are gaining traction. High-speed broadband via Ka-band and direct-to-satellite connectivity offer real-time data transfer for IoT devices, especially in remote areas with limited terrestrial network coverage. Challenges in satellite IoT include cybersecurity attacks and the need for advanced AI-based algorithms for data processing. New farming techniques like Precision Agriculture 4.0 and the gas industry are major consumers of satellite IoT services. Medium Earth Orbit (MEO) and Geostationary Earth Orbit (GEO) satellites also play a role, but LEO satellites' lower altitude offers advantages for IoT applications. Satellite IoT market dynamics include increasing demand for satellite IoT backhaul for real-time data transfer, the growing number of IoT connections, and the need for application servers and central control systems. V-band spectrum is an emerging technology for satellite IoT. Market players like Astrocast and Myriota are focusing on providing low-cost, high-data-rate satellite IoT solutions. Satellite IoT applications include positioning, asset management, situational awareness, and disaster response. IoT devices require direct-to-satellite services for connectivity, bypassing the need for ground gateways. The satellite IoT market presents opportunities for various industries, including agricultur

In 2023, nearly ********** of people in France owned a health-related connected device, more than double the ownership share in 2019. In addition, ** percent of respondents were planning to use such a device in the future. The consumer sector is anticipated to dominate in terms of number of Internet of Things (IoT) connected devices in 2030, with ** billion connected devices worldwide.