12 Major Companies in Europe IoT Market with Size | Manufacturers With Official Website 2025

12 Major Companies in Europe IoT Market with Size

The Europe Internet of Things (IoT) market is highly dynamic and competitive, with leading companies continuously innovating and collaborating to drive the adoption of IoT solutions across various industries. As technological advancements persist and an increasing number of devices become interconnected, the leading companies are expected to play a pivotal role in shaping the future of IoT both in Europe and globally. For businesses aiming to maintain a competitive edge in this rapidly evolving industry, it is essential to monitor these key players and their ever-expanding range of offerings. Beyond the well-established firms, the Europe IoT market is also witnessing the rise of numerous emerging start-ups. These companies often focus on specialized areas within IoT, such as smart home technologies or industrial sensors. While these start-ups may not yet enjoy the same global recognition as the industry leaders, they are fostering innovation and driving competition within the market. Their contributions are crucial and should not be overlooked, as they often serve as the source of disruptive technologies that can redefine industry standards.

As the Internet of Things continues to grow and transform various sectors, we are likely to see an increasing number of new entrants and established companies alike evolving to stay at the forefront of the market. With significant potential for further development, Europe is well-positioned to remain a key player in the global IoT landscape for the foreseeable future. As per 6Wresearch, Europe IoT Market is projected to grow at a significant CAGR of 9.94% from 2025 2031F.

List of Leading Companies in the Europe IOT Market

1. Bosch GmbH

Bosch GmbH is a German multinational engineering and technology company that has been in operation for over 130 years. With its focus on automotive, industrial, and consumer goods, the company has also made significant contributions to the IoT market. Their IoT solutions range from smart homes and cities to connected mobility and industry 4.0. Bosch's expertise in sensor technology has made it a key player in the European IoT market.

2. Schneider Electric

Schneider Electric is a French multinational company that has been in operation for over 180 years. With its focus on energy management and automation, the company offers IoT solutions for smart buildings, data centers, and industrial operations. Their innovative approach to integrating IoT into traditional infrastructure has made them one of the top players in the European market.

3. Philips Lighting

Philips Lighting is a Dutch multinational company that has been in operation for over 130 years. With its focus on innovative lighting solutions, the company has also made significant contributions to the IoT market. Their connected lighting systems and services have transformed traditional buildings into smart and sustainable environments. Philips Lighting's expertise in energy-efficient LED technology has made it one of the leading IoT players in Europe.

4. Nokia

Nokia is a Finnish multinational telecommunication, information technology, and consumer electronics company that has been in operation for over 150 years. With its focus on mobile network equipment and services, the company has also made significant progress in the IoT market. Their solutions range from smart cities and public safety to connected healthcare and transportation. Nokia's expertise in wireless technologies has made it a key player in the European IoT market.

5. ABB Ltd.

ABB Ltd. is a Swiss-Swedish multinational corporation that has been in operation for over 30 years. With its focus on power grids, electrification products, industrial automation, and robotics, the company has also made significant contributions to the IoT market. Their solutions range from smart energy management and grid optimization to connected factories and intelligent buildings. ABB's expertise in industrial automation has made it a key player in the European IoT market.

6. Ericsson

Ericsson is a Swedish multinational networking and telecommunications company that has been in operation for over 140 years. With its focus on network infrastructure and services, the company has also made significant contributions to the IoT market. Their solutions range from connected cars and smart cities to industrial IoT and remote patient monitoring. Ericsson's expertise in wireless technology and networks has made it a key player in the European market.

7.  SAP SE

SAP SE is a German multinational corporation that has been in operation for over 45 years. With its focus on enterprise software and digital transformation, the company offers IoT solutions for various industries. Their cloud platform enables businesses to connect devices, data, and processes for smarter decision making. SAP's expertise in data analytics has made it a key player in the European IoT market.

8. Tele2 AB

Tele2 AB is a Swedish telecommunications company that has been in operation for over 30 years. With its focus on mobile services and connectivity solutions, the company has also made significant contributions to the IoT market. Their solutions range from connected cars and homes to industrial IoT and smart cities. Tele2's expertise in mobile networks has made it a key player in the European market.

9. Siemens AG

Siemens AG is a German multinational conglomerate that has been in operation for over 170 years. With its focus on electrification, automation, and digitalization, the company has also made significant contributions to the IoT market. Their solutions range from smart grid management and factory automation to intelligent healthcare and building management. Siemens' expertise in data analytics and AI has made it a key player in the European IoT market.

10. Vodafone

Vodafone is one of the largest telecommunications companies in the world with operations in over 25 countries. It offers a wide range of IoT solutions for connected cars, smart cities, healthcare and manufacturing. With its strong network infrastructure and partnerships with leading technology companies, Vodafone is playing a crucial role in driving the adoption of IoT across Europe.

11. Telefónica

Telefónica is a leading telecommunications company operating in Europe and Latin America. Its IoT portfolio includes connectivity services, platforms and solutions for various industries such as automotive, energy, and smart cities. The company has established itself as an important player in the European IoT market through its investments in innovation and strategic partnerships.

12. Intel

Intel is a multinational corporation that designs and manufactures computer processors and other technology products. Its IoT portfolio includes hardware components, software platforms and solutions for various industries such as healthcare and smart cities. With its strong focus on innovation and partnerships with leading technology companies, Intel is making significant contributions to the development of the European IoT market.

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