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The France Internet of Things (IoT) Market is expected to grow at a formidable rate during the forecast period. The France Internet of Things (IoT) Market is driven by the booming IT & Telecommunication industry in the country. Additionally, increasing adoption of big data analytics and cloud computing solutions is expected to fuel the market growth over the next few years. Besides, increasing internet proliferation and increase in smartphone users is further expected to propel the market growth. Furthermore, increasing investment and new product launches by the major vendors operating in the market is expected to create lucrative opportunities for the market growth through 2025. However, growing cybersecurity concerns among enterprises can hamper the market growth during the forecast period.
With the sudden outbreak of pandemic COVID-19 disease, the world is affected, the majority of the businesses are shut down and operations across different enterprises are also compromised. This has made organizations to work in a non-optimized manner because of which many organizations are looking for ways to improve their operational efficiencies, overall productivity and are looking for innovative ideas & solutions to improve the revenue. Similarly, the IoT industry is also drastically affected by the pandemic. While the IoT networks remain unaffected the investment in consumer IoT devices has suddenly gone down. Also, this has increased the frequency of cyber-attacks and threats.
The France Internet of Things (IoT) Market is segmented based on platform, component, application, company, and region. Based on component, the market can be grouped into hardware, software and service. The hardware segment is expected to dominate the market owing to the reduction in the prices of sensors. Based on application, the market can be fragmented into consumer electronics, smart mobility & transportation, building & home automation, connected logistics, smart retail and others. The consumer electronics segment is expected to dominate the market during the forecast period. This can be ascribed to the use of IoT for connecting different appliances and devices through internet and enables real-time wireless communication with users.
The major players operating in the France Internet of Things (IoT) Market are Intel Corporation, Compagnie IBM France, Amazon Web Services France, Robert Bosch France SAS, Cisco Systems, SAP France SA, Microsoft France, Oracle France, SAS, General Electric Company, Hewlett Packard France SAS and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
Years considered for this report:
- Historical Years: 2015-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021–2025
Objective of the Study:
- To analyze and estimate the market size of the France Internet of Things (IoT) Market from 2015 to 2018.
- To estimate and forecast the market size of the France Internet of Things (IoT) Market from 2019 to 2025 and growth rate until 2025.
- To classify and forecast the France Internet of Things (IoT) Market based on platform, component, application, company, and regional distribution.
- To identify dominant region or segment in the France Internet of Things (IoT) Market.
- To identify drivers and challenges for the France Internet of Things (IoT) Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the France Internet of Things (IoT) Market.
- To identify and analyze the profile of leading players operating in the France Internet of Things (IoT) Market.
- To identify key sustainable strategies adopted by market players in the France Internet of Things (IoT) Market.
The author performed both primary as well as exhaustive secondary research for this study. Initially, the author sourced a list of service providers across the globe. Subsequently, researchers conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the author could include the service providers which could not be identified due to the limitations of secondary research. The author analyzed the service providers, distribution channels and presence of all major players across the globe.
The author calculated the market size of the France Internet of Things (IoT) Market by using a bottom-up approach, wherein the data for various end-user segments was recorded and forecast for the future years. Researchers sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Internet of things (IoT) provider companies
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to internet of things (IoT)
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
Report Scope:
In this report, the France Internet of Things (IoT) Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
France Internet of Things (IoT) Market, By Platform:
- Device Management
- Application Management
- Network Management
France Internet of Things (IoT) Market, By Component:
- Hardware
- Software
- Service
France Internet of Things (IoT) Market, By Application:
- Consumer Electronics
- Smart Mobility & Transportation
- Building & Home Automation
- Connected Logistics
- Smart Retail
- Others
France Internet of Things (IoT) Market, By Region:
- Northern France
- Southern France
- Eastern France
- Western France
- Central France
- South Western France
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the France Internet of Things (IoT) Market.
Available Customizations:
With the given market data, the author offers customizations according to a client’s specific needs.
Table of Contents
Companies Mentioned
- Intel Corporation
- Compagnie IBM France
- Amazon Web Services France
- Robert Bosch France SAS
- Cisco Systems
- SAP France SA
- Microsoft France
- Oracle France, SAS
- General Electric Company
- Hewlett Packard France SAS