The leading industry which was expected to spend the largest amount on Internet of Things (IoT) solutions in 2019 in Europe was discrete manufacturing (20 billion U.S. dollars). Utilities came in second, followed by retail.
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Internet of Things (IoT) solutions spending forecast in Europe in 2019, by industry
(in billion U.S. dollars)
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Statista. (May 8, 2020). Internet of Things (IoT) solutions spending forecast in Europe in 2019, by industry (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 08, 2025, from https://www.statista.com/statistics/1115879/internet-of-things-iot-solutions-spending-forecast-in-europe-by-industry/
Statista. "Internet of Things (IoT) solutions spending forecast in Europe in 2019, by industry (in billion U.S. dollars)." Chart. May 8, 2020. Statista. Accessed July 08, 2025. https://www.statista.com/statistics/1115879/internet-of-things-iot-solutions-spending-forecast-in-europe-by-industry/
Statista. (2020). Internet of Things (IoT) solutions spending forecast in Europe in 2019, by industry (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 08, 2025. https://www.statista.com/statistics/1115879/internet-of-things-iot-solutions-spending-forecast-in-europe-by-industry/
Statista. "Internet of Things (Iot) Solutions Spending Forecast in Europe in 2019, by Industry (in Billion U.S. Dollars)." Statista, Statista Inc., 8 May 2020, https://www.statista.com/statistics/1115879/internet-of-things-iot-solutions-spending-forecast-in-europe-by-industry/
Statista, Internet of Things (IoT) solutions spending forecast in Europe in 2019, by industry (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1115879/internet-of-things-iot-solutions-spending-forecast-in-europe-by-industry/ (last visited July 08, 2025)
Internet of Things (IoT) solutions spending forecast in Europe in 2019, by industry (in billion U.S. dollars) [Graph], Statista, May 8, 2020. [Online]. Available: https://www.statista.com/statistics/1115879/internet-of-things-iot-solutions-spending-forecast-in-europe-by-industry/
