In 2022, Germany was the largest regional market for consumer IoT market in Europe amounting to around 5.7 billion U.S. dollars. Between 2023 and 2030, the German market was forecast to grow by a compound annual growth rate of 11.7 percent, reaching a projected 13.8 billion U.S. dollars in 2030.
More information on the global consumer IoT market can be found here.
Consumer IoT market size in Europe from 2020 to 2022, with a forecast up to 2030, by country
(in billion U.S. dollars)
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Extrapolate. (August 14, 2023). Consumer IoT market size in Europe from 2020 to 2022, with a forecast up to 2030, by country (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1409187/europe-consumer-iot-market-value-by-country/
Extrapolate. "Consumer IoT market size in Europe from 2020 to 2022, with a forecast up to 2030, by country (in billion U.S. dollars)." Chart. August 14, 2023. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1409187/europe-consumer-iot-market-value-by-country/
Extrapolate. (2023). Consumer IoT market size in Europe from 2020 to 2022, with a forecast up to 2030, by country (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1409187/europe-consumer-iot-market-value-by-country/
Extrapolate. "Consumer Iot Market Size in Europe from 2020 to 2022, with a Forecast up to 2030, by Country (in Billion U.S. Dollars)." Statista, Statista Inc., 14 Aug 2023, https://www.statista.com/statistics/1409187/europe-consumer-iot-market-value-by-country/
Extrapolate, Consumer IoT market size in Europe from 2020 to 2022, with a forecast up to 2030, by country (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1409187/europe-consumer-iot-market-value-by-country/ (last visited December 30, 2024)
Consumer IoT market size in Europe from 2020 to 2022, with a forecast up to 2030, by country (in billion U.S. dollars) [Graph], Extrapolate, August 14, 2023. [Online]. Available: https://www.statista.com/statistics/1409187/europe-consumer-iot-market-value-by-country/