Europe Blockchain IoT Market Size with Top Companies | Manufacturers & Suppliers 2024

Europe Blockchain IoT Market Size with Top Companies

The Europe Blockchain IoT Market, valued at USD 1.2 billion in 2023, is projected to grow at a CAGR of 12%, surpassing USD 2.5 billion by 2030. This growth is driven by blockchain integration with IoT across sectors like healthcare, automotive, and manufacturing, enhancing security and operational efficiency.

The contribution of key players in the growth of the Europe Blockchain IoT Market is significant and multifaceted, driven by their commitment to innovation, strategic partnerships, and the implementation of cutting-edge technology solutions. At the heart of their contribution is the enhancement of data security and transparency within IoT networks. As cybersecurity threats become increasingly complex, key players leverage blockchain's decentralized nature to create secure, tamper-proof environments for IoT applications, ensuring data integrity and trustworthiness across industries. Another key area of contribution is the development of scalable and interoperable blockchain platforms tailored for IoT systems. By crafting solutions that facilitate seamless integration with various IoT devices and protocols, key companies enable more efficient data exchange and connectivity.

Furthermore, strategic collaborations with IoT developers, research institutions, and industry stakeholders are instrumental in accelerating market growth. These partnerships foster an ecosystem that encourages innovation and experimentation, leading to the creation of new use cases and applications. Such collaboration ensures that blockchain IoT solutions are constantly evolving to meet emerging industry needs and regulatory requirements. Key players are focused on educating markets and enhancing awareness of blockchain IoT's potential benefits. Through targeted marketing campaigns, workshops, and industry forums, key players inspire confidence and interest among businesses and consumers in adopting these technologies. This awareness building is crucial for expanding the market's reach and encouraging investment into further research and development.

Sustainability is also a noteworthy focus, with companies integrating energy-efficient blockchain solutions to minimize the environmental impact of IoT operations. By prioritizing resource conservation and reducing energy consumption, key players align with increasing environmental consciousness and regulatory pressures shaping the market landscape. Through innovation in technology, strategic collaborations, market education, and a commitment to sustainability, key players are at the forefront of driving the growth and expansion of the Europe Blockchain IoT Market. Key players' ongoing efforts ensure that the market remains dynamic and responsive to the evolving challenges and opportunities within the digital economy. As per 6Wresearch, Europe Blockchain IoT Market is projected to grow at a significant CAGR of 12% from 2024-2030F.

List of Leading Companies in the Europe Blockchain IoT Market

1. IOTA Foundation

The IOTA Foundation is a non-profit organization focused on developing and promoting the IOTA blockchain. It aims to enable secure, feeless data and value transfer, making it ideal for the Internet of Things. The foundation supports research, development, and adoption of the IOTA protocol, fostering partnerships to create innovative solutions across industries.

2. Streamr

Streamr is a decentralized real-time data network that enables seamless data sharing and monetization. It allows users to publish and subscribe to data streams, ensuring transparency and privacy through blockchain technology. By connecting IoT devices and applications, Streamr facilitates efficient data exchange, empowering businesses and individuals to harness the power of real-time insights.

3. Riddle&Code

Riddle&Code is a blockchain interface company that combines hardware and software to provide secure, trusted connections for IoT devices. It focuses on identity verification and secure data exchange, empowering industries like automotive, logistics, and finance. The company enables digital transformation by integrating blockchain technology into physical objects and existing infrastructures.

4. VeChain

VeChain is a blockchain platform designed to enhance supply chain management and business processes. By utilizing distributed ledger technology, it aims to streamline operations and ensure product authenticity. VeChain supports real-time data sharing among stakeholders, improving efficiency, transparency, and trust across various industries, including logistics, food safety, and luxury goods.

5. Ubirch

Ubirch is a cybersecurity company specializing in securing IoT data with robust blockchain technology. It ensures data integrity from the moment it's created, providing secure and tamper-proof data transmission. Ubirch's solutions cater to industries requiring reliable data verification, such as logistics, healthcare, and energy, enhancing trust and security in digital ecosystems.

6. Atonomi

Atonomi is a blockchain-based platform designed to secure IoT ecosystems. It provides device identity registration, activation, and reputation tracking to ensure trust in IoT networks. By integrating blockchain technology, Atonomi aims to authenticate and validate devices, enhancing security and enabling seamless interaction and communication among connected devices in smart environments.

7. Modum

Modum is a technology company that provides innovative solutions for supply chain monitoring, ensuring product integrity and compliance. Leveraging IoT and blockchain technologies, Modum offers data-driven insights and real-time tracking, helping businesses enhance transparency and efficiency in their logistics operations. Their solutions cater to industries like pharmaceuticals and food.

8. IOT Solutions World Congress

The IoT Solutions World Congress is a premier event focused on the Industrial Internet of Things. It brings together industry leaders, experts, and innovators to explore the latest IoT advancements, share insights, and showcase cutting-edge solutions. The event features keynote speakers, panel discussions, and networking opportunities to drive digital transformation.

9. Qurate

Qurate is an innovative platform designed for content curation and management, helping users efficiently gather, organize, and share information. It offers intuitive tools that streamline the process of collecting and categorizing content from various sources. Whether for personal use or business purposes, Qurate simplifies content handling, enhancing productivity and engagement.

10. Telstra

Telstra is a leading Australian telecommunications company offering a wide range of services including mobile, internet, and pay-TV. With a robust infrastructure, it provides reliable connectivity to millions of customers. Committed to innovation, Telstra invests in cutting-edge technology to enhance digital experiences and drive growth in the evolving telecom landscape.

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