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European IoT market could reach EUR 80 bln in 10 years

Wednesday 6 January 2016 | 11:26 CET | News
The European IoT market could be worth EUR 80 billion of revenue by 2025, representing 7 points of GDP, according to research presented in Paris by AT Kearney. The study's co-author, Herve Collognon, said all sectors will be affected by the "new revolution" of IoT, covering sensors, bandwidth, hardware, storage, cloud, big data and other areas. The 2025 estimate excludes connected objects manufacturing. Kearney sees IoT as a new path to European prosperity.

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Categories: General / Mobile & Wireless
Companies: AT Kearney
Countries: Europe
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