Europe was the second largest regional market for consumer IoT market in 2022 amounting to around 20 billion U.S. dollars. Between 2023 and 2030, the European market was forecast to grow by a compound annual growth rate of 11.8 percent, reaching a projected 49.1 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
(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 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1409189/europe-consumer-iot-market-value/
Extrapolate. "Consumer IoT market size in Europe from 2020 to 2022, with a forecast up to 2030 (in billion U.S. dollars)." Chart. August 14, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1409189/europe-consumer-iot-market-value/
Extrapolate. (2023). Consumer IoT market size in Europe from 2020 to 2022, with a forecast up to 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1409189/europe-consumer-iot-market-value/
Extrapolate. "Consumer Iot Market Size in Europe from 2020 to 2022, with a Forecast up to 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 14 Aug 2023, https://www.statista.com/statistics/1409189/europe-consumer-iot-market-value/
Extrapolate, Consumer IoT market size in Europe from 2020 to 2022, with a forecast up to 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1409189/europe-consumer-iot-market-value/ (last visited December 21, 2024)
Consumer IoT market size in Europe from 2020 to 2022, with a forecast up to 2030 (in billion U.S. dollars) [Graph], Extrapolate, August 14, 2023. [Online]. Available: https://www.statista.com/statistics/1409189/europe-consumer-iot-market-value/
