Skip to main content
  1. Market Insights
  2. Technology

Internet of Things - D-A-CH

D-A-CH
  • By 2025, the revenue in the Internet of Things market (IoT) market is projected to reach a staggering US$48.26bn.
  • The dominant player in this market market is Automotive IoT, which is expected to achieve a projected market volume of US$12.17bn in the same year.
  • Looking ahead, the revenue is expected to display an impressive annual growth rate of 11.10% (CAGR 2025-2029), resulting in a market volume of US$73.53bn by 2029.
  • In the global comparison, it is worth noting that United States is anticipated to generate the highest revenue in the IoT market, with a projected amount of US$379.91bn in 2025.
  • This showcases the significant impact and potential of IoT in the country.
  • It is important to mention that these projections and figures are specific to the D-A-CH region (Germany, Austria, and Switzerland) within the IoT market segment.
  • The D-A-CH region plays a crucial role in driving the growth and development of IoT technology, with numerous companies and industries embracing its potential.
  • As the IoT market continues to evolve, these numbers highlight the immense opportunities and potential for growth within this sector.
  • The integration of IoT technology into various industries and sectors will undoubtedly shape the future of our interconnected world.
  • Germany is leading the way in the Internet of Things market, with its strong manufacturing sector driving innovation and adoption.

Revenue

NOTES: Data was converted from local currencies using average exchange rates of the respective year.

MOST_RECENT_UPDATE: Jun 2024

SOURCE: Statista Market Insights

NOTES: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

MOST_RECENT_UPDATE: Jun 2024

Investment

MOST_RECENT_UPDATE: Mar 2024

SOURCE: Statista Market Insights

Volume

MOST_RECENT_UPDATE: Mar 2024

SOURCE: Statista Market Insights

Analyst Opinion

The Internet of Things is one of the technologies driving Industry 4.0 and it’s not a surprise that the market is seeing a CAGR of over 16% over a 10-year-period (2018-2028). Even as the global semiconductor shortage has slowed down the market supply and growth from the pre-pandemic levels, the demand for smart solutions ranging from industrial to security use cases is still on the rise. With revenues of more than US$141 billion in 2022, the U.S. is the market leader, followed by China, which is the leading manufacturer of IoT devices.

The Internet of Things market growth coincides with the development of other important technologies, such as 5G and cloud computing. The deployment of 5G communication standards paves the way for a faster and smoother connection among smart devices.

Moreover, cybersecurity remains a big challenge, which can have significant effects both on personal and professional levels. As more data is collected and transmitted from one device to another and stored in the cloud, the challenge of securing the data and assuring privacy is more present than ever.

Global Comparison

NOTES: Data was converted from local currencies using average exchange rates of the respective year.

MOST_RECENT_UPDATE: Jun 2024

SOURCE: Statista Market Insights

Methodology

Data coverage

The data encompasses B2B, B2C and B2G revenues. The revenue only refers to the spending share of the Internet of Things components.

Modeling approach/ Market size:

The market size is determined through a combination of top-down and bottom-up approaches. We use annual financial reports of the market-leading companies and industry associations, as well as third-party studies and reports to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as consumer spending, internet penetration, 4G coverage, and current and historical developments. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques but primarily exponential smoothing. The selection of forecasting techniques is based on the behavior of the relevant market. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change.

Technology

XMO_REPORT_PROMO_HEADLINE

Internet of Things: market data & analysis - BackgroundInternet of Things: market data & analysis - Cover

Key Market Indicators

NOTES: Based on data from IMF, World Bank, UN and Eurostat

MOST_RECENT_UPDATE: Jan 2025

SOURCE: Statista Market Insights

OUTLOOK_EXPLORE_RELATED_TOPICS

Internet of Things (IoT) - statistics & facts

In the realm of technology, few concepts have captured imaginations quite like the Internet of Things (IoT). Coined in 1999 by British technologist Kevin Ashton, IoT envisioned a future where a vast network of interconnected objects would collect and analyze data, enabling them to perform tasks autonomously. While the idea seemed more like science fiction at the time, today, IoT is no longer a hypothetical concept but a rapidly unfolding reality. Thanks to the development of communication technologies such as 5G and data analytics using artificial intelligence (AI) and machine learning, IoT has applications varying from smartwatches to city infrastructure (smart cities).
OUTLOOK_MORE_DATA_ON_TOPIC

Contact

Get in touch with us. We are happy to help.
Meredith Alda
Sales Manager
Tel

+1 914 619-5895

Mon - Fri, 9am - 6pm (EST)

Lodovica Biagi
Director of Operations
Tel

+44 (0)20 8189 7000

Mon - Fri, 9:30am - 5pm (GMT)

Ayana Mizuno
Business Development Manager

Mon - Fri, 10:00am - 6:00pm (JST)

Carolina Dulin
Group Director - LATAM
Tel

+1 212 419-5774

Mon - Fri, 9am - 6pm (EST)

Yolanda Mega
Operations Manager
Tel

+65 6995 6959

Mon - Fri, 9am - 5pm (SGT)