12 Major Companies in Europe IoT in Smart Cities Market with Size | Manufacturers & Suppliers 2024

12 Major Companies in Europe IoT in Smart Cities Market with Size

Europe IoT in Smart Cities Market is experiencing remarkable growth, driven by the increasing number of connected devices and sensors that are transforming cities into "smart" urban environments. By leveraging data, these cities are improving services, reducing operational costs, and enhancing the quality of life for their residents. Key players in the European IoT sector are instrumental in this transformation, helping to create more efficient, sustainable, and liveable cities. As technology continues to evolve, more innovative solutions from these companies are expected to join as they contribute to the advancement of smart cities. Through enhanced connectivity, sustainability initiatives, and digitalization efforts, Europe's IoT companies are having a profound impact on the development of smart cities. Their expertise and forward-thinking innovations are key to driving the movement toward more connected and environmentally responsible urban areas.

These companies will play a pivotal role in shaping the future of urban development. With their cutting-edge solutions and commitment to innovation, these companies are paving the way for a smarter, more sustainable future. It is worth keeping a close eye on their progress as they continue to revolutionize the smart city landscape, bringing positive change and shaping the urban environments of tomorrow. As per 6Wresearch, Europe IoT in Smart Cities Market is projected to grow at a significant CAGR of 14.7%[WU1]  from 2024 2030F.

List of Leading Companies in the Europe IoT in Smart Cities Market

1. Siemens

Siemens is a global powerhouse in electronics and electrical engineering, with operations in more than 200 countries. The company's IoT solutions are used in a variety of industries, including smart cities. Their City Performance Tool (CyPT) is designed to help city planners and decision-makers optimize the use of resources such as energy, water, and waste management. With its sophisticated analytics capabilities, CyPT enables cities to make data-driven decisions for sustainable development.

2. Bosch

Bosch is another German company that has been at the forefront of IoT innovation for smart cities. Its IoT suite includes solutions for connected mobility, energy management and utilities, building management, and more. The company's smart city solutions also focus on safety and security, with features such as video surveillance and emergency response systems. 

3. Schneider Electric

Schneider Electric is a multinational corporation specializing in energy management and automation solutions. In the realm of smart cities, the company offers EcoStruxure, an IoT-enabled platform that integrates different systems and devices to optimize energy efficiency, safety, and sustainability in cities. With its advanced analytics capabilities, EcoStruxure helps cities reduce their carbon footprint and improve overall quality of life.

4. Nokia

Nokia is a multinational telecommunications company with extensive experience in the development of IoT solutions for smart cities. Their solutions are focused on improving city services, such as waste management and traffic control, through real-time data analysis and predictive maintenance. Nokia also offers a range of connectivity options, from cellular to low-power wide-area networks (LPWAN), for seamless integration with various devices and sensors.

5. Orange

Orange is a leading telecommunications company in Europe, with a strong presence in the IoT sector. They offer IoT services for smart cities, including connectivity and data management solutions, to improve the efficiency of city operations. With a focus on sustainability, Orange's IoT solutions also help reduce energy consumption and carbon emissions in cities.

6.  Deutsche Telekom

Deutsche Telekom is another major telecommunications company in Europe that is actively involved in promoting smart city initiatives through its Smart City Hub platform. The company offers a range of IoT solutions for smart cities that cover areas such as energy management, traffic control, and public safety. Their solutions are built on a modular platform that can be easily customized to meet the specific needs of each city. 

7. Thales

Thales is a global technology company specializing in aerospace, defence, security, and IoT for smart cities. Their solutions include intelligent traffic management, surveillance, and emergency response systems to enhance safety and security in cities. Thales also offers a range of connectivity options, including satellite and cellular networks, for seamless integration with devices and sensors.

8. Honeywell

Honeywell is a multinational conglomerate that offers a wide range of products and services across various industries. In the IoT space for smart cities, the company provides solutions for energy management, industrial automation, and safety and security. Honeywell's IoT platform, Connected Building enables cities to monitor and control their buildings' systems in real-time for maximum efficiency.

9. Ericsson

Ericsson is a global leader in telecommunications and network infrastructure. The company has been actively involved in smart city projects worldwide and offers IoT solutions for smart cities to help cities improve their public services, reduce energy consumption, and enhance citizens' quality of life. Their solutions include connectivity options such as NB-IoT and LTE-M, as well as advanced analytics for data-driven decision-making.

10. ABB

ABB is a Swedish-Swiss multinational corporation that specializes in robotics, power, and automation technologies. With headquarters in Zurich, Switzerland, it has a strong presence in the European market. ABB's USP lies in its expertise in providing solutions for the entire energy value chain – from generation to distribution and consumption. The company also offers smart grid solutions for efficient energy management in cities.

11. Telefónica

With operations in Europe and Latin America, their main USP lies in providing network infrastructure for smart cities. From urban surveillance to smart lighting and waste management, Telefónica offers a range of solutions for cities to become more efficient and sustainable.

12. Atos

With operations in over 70 countries, its main USP lies in its expertise in digital transformation and cyber security. In the smart cities sector, Atos offers solutions for data analytics, cloud computing, and IoT platforms to help cities become more efficient and secure.

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