The Europe IoT Security Market would witness market growth of 24.8% CAGR during the forecast period (2025-2032).
The Germany market dominated the Europe IoT Security Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $9,333.7 million by 2032. The UK market is experiencing a CAGR of 23.7% during (2025 - 2032). Additionally, The France market would exhibit a CAGR of 25.8% during (2025 - 2032).

The demand for sophisticated IoT security solutions that surpass conventional cybersecurity measures has increased as a result of the increasing awareness of these risks. IoT security encompasses many protective mechanisms, including device authentication, secure communication protocols, data encryption, firmware updates, access control, and threat detection systems. Unlike conventional IT security, which typically secures devices like computers, servers, and mobile phones, IoT security must account for a broader diversity of endpoints—many of which were never originally designed with security in mind. Furthermore, IoT devices often operate in distributed environments, making centralized management and real-time monitoring more complex. This has driven innovation in the market, with cybersecurity vendors developing purpose-built solutions that can secure the unique attributes of IoT systems.
In parallel, the enterprise segment of the IoT security market is experiencing substantial growth, particularly with the rise of Industry 4.0. IoT enables predictive maintenance, process automation, remote diagnostics, and supply chain optimization in manufacturing, logistics, and industrial operations. While these capabilities improve efficiency and reduce costs, they also introduce new security challenges. The convergence of IT (Information Technology) and OT (Operational Technology) creates complex environments where traditional firewalls and antivirus tools are insufficient. Industrial control systems, programmable logic controllers, and SCADA networks often require customized security protocols that ensure safety and uptime. Cyberattacks targeting critical infrastructure—such as power grids, water treatment plants, and transportation systems—have demonstrated the catastrophic potential of unsecured IoT environments, reinforcing the need for specialized security solutions tailored to industrial contexts.
France is witnessing similar growth in its IoT security market, driven by the rapid expansion of its domestic and cross-border e-commerce landscape. With French e-commerce revenue reaching €146.9 billion in 2022, according to France Num, logistics companies increasingly rely on IoT-enabled tracking systems and automated warehousing solutions. As the intricacy of these interconnected systems increases, it is imperative to implement IoT security solutions to safeguard sensitive data, prevent unauthorized access, and guarantee the integrity of real-time operations.
The emergence of cross-border e-commerce has further solidified France's position as a critical participant in global trade, underscoring the pressing necessity for robust IoT security to protect logistics networks and preserve efficiency and competitiveness in the rapidly changing digital commerce landscape. Thus, as consumers, governments, and industries alike recognize the growing cyber risks tied to billions of connected devices, the European market is seeing a convergence of regulatory compliance, public awareness, and technological innovation. All of this is further fueling sustained demand and market growth.
Free Valuable Insights: The Global IoT Security Market will Hit USD 165.08 Billion by 2032, at a CAGR of 25.2%
Based on Component, the market is segmented into Solutions, and Services. Based on Security Type, the market is segmented into Network Security, Cloud Security, Endpoint Security, Application Security, and Other Security Type. Based on End-use, the market is segmented into Energy & Utilities, Manufacturing, Automotive, Healthcare, Transport, Consumer Electronics, and Other End-use. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Microsoft Corporation
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Google LLC (Alphabet Inc.)
- IBM Corporation
- Intel Corporation
- Cisco Systems, Inc.
- Thales Group S.A.
- FireEye, Inc.
- Hewlett Packard Enterprise Company
- Check Point Software Technologies Ltd.
Europe IoT Security Market Report Segmentation
By Component
By Security Type
- Network Security
- Cloud Security
- Endpoint Security
- Application Security
- Other Security Type
By End-use
- Energy & Utilities
- Manufacturing
- Automotive
- Healthcare
- Transport
- Consumer Electronics
- Other End-use
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe IoT Security Market, by Component
1.4.2 Europe IoT Security Market, by Security Type
1.4.3 Europe IoT Security Market, by End-use
1.4.4 Europe IoT Security Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Acquisition and Mergers
4.3 Market Share Analysis, 2024
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2023, Dec – 2025, Mar) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. Europe IoT Security Market by Component
5.1 Europe Solutions Market by Country
5.2 Europe Services Market by Country
Chapter 6. Europe IoT Security Market by Security Type
6.1 Europe Network Security Market by Country
6.2 Europe Cloud Security Market by Country
6.3 Europe Endpoint Security Market by Country
6.4 Europe Application Security Market by Country
6.5 Europe Other Security Type Market by Country
Chapter 7. Europe IoT Security Market by End-use
7.1 Europe Energy & Utilities Market by Country
7.2 Europe Manufacturing Market by Country
7.3 Europe Automotive Market by Country
7.4 Europe Healthcare Market by Country
7.5 Europe Transport Market by Country
7.6 Europe Consumer Electronics Market by Country
7.7 Europe Other End-use Market by Country
Chapter 8. Europe IoT Security Market by Country
8.1 Germany IoT Security Market
8.1.1 Germany IoT Security Market by Component
8.1.2 Germany IoT Security Market by Security Type
8.1.3 Germany IoT Security Market by End-use
8.2 UK IoT Security Market
8.2.1 UK IoT Security Market by Component
8.2.2 UK IoT Security Market by Security Type
8.2.3 UK IoT Security Market by End-use
8.3 France IoT Security Market
8.3.1 France IoT Security Market by Component
8.3.2 France IoT Security Market by Security Type
8.3.3 France IoT Security Market by End-use
8.4 Russia IoT Security Market
8.4.1 Russia IoT Security Market by Component
8.4.2 Russia IoT Security Market by Security Type
8.4.3 Russia IoT Security Market by End-use
8.5 Spain IoT Security Market
8.5.1 Spain IoT Security Market by Component
8.5.2 Spain IoT Security Market by Security Type
8.5.3 Spain IoT Security Market by End-use
8.6 Italy IoT Security Market
8.6.1 Italy IoT Security Market by Component
8.6.2 Italy IoT Security Market by Security Type
8.6.3 Italy IoT Security Market by End-use
8.7 Rest of Europe IoT Security Market
8.7.1 Rest of Europe IoT Security Market by Component
8.7.2 Rest of Europe IoT Security Market by Security Type
8.7.3 Rest of Europe IoT Security Market by End-use
Chapter 9. Company Profiles
9.1 Microsoft Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Amazon Web Services, Inc. (Amazon.com, Inc.)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Recent strategies and developments:
9.2.4.1 Partnerships, Collaborations, and Agreements:
9.2.5 SWOT Analysis
9.3 Google LLC (Alphabet Inc.)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 IBM Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional & Segmental Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.6 SWOT Analysis
9.5 Intel Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 SWOT Analysis
9.6 Cisco Systems, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.6 SWOT Analysis
9.7 Thales Group S.A.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.6 SWOT Analysis
9.8 FireEye, Inc.
9.8.1 Company Overview
9.8.2 SWOT Analysis
9.9 Hewlett Packard Enterprise Company
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 SWOT Analysis
9.10. Check Point Software Technologies Ltd.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 Recent strategies and developments:
9.10.5.1 Partnerships, Collaborations, and Agreements:
9.10.6 SWOT Analysis
TABLE 1 Europe IoT Security Market, 2021 - 2024, USD Million
TABLE 2 Europe IoT Security Market, 2025 - 2032, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– IoT Security Market
TABLE 4 Acquisition and Mergers– IoT Security Market
TABLE 5 Europe IoT Security Market by Component, 2021 - 2024, USD Million
TABLE 6 Europe IoT Security Market by Component, 2025 - 2032, USD Million
TABLE 7 Europe Solutions Market by Country, 2021 - 2024, USD Million
TABLE 8 Europe Solutions Market by Country, 2025 - 2032, USD Million
TABLE 9 Europe Services Market by Country, 2021 - 2024, USD Million
TABLE 10 Europe Services Market by Country, 2025 - 2032, USD Million
TABLE 11 Europe IoT Security Market by Security Type, 2021 - 2024, USD Million
TABLE 12 Europe IoT Security Market by Security Type, 2025 - 2032, USD Million
TABLE 13 Europe Network Security Market by Country, 2021 - 2024, USD Million
TABLE 14 Europe Network Security Market by Country, 2025 - 2032, USD Million
TABLE 15 Europe Cloud Security Market by Country, 2021 - 2024, USD Million
TABLE 16 Europe Cloud Security Market by Country, 2025 - 2032, USD Million
TABLE 17 Europe Endpoint Security Market by Country, 2021 - 2024, USD Million
TABLE 18 Europe Endpoint Security Market by Country, 2025 - 2032, USD Million
TABLE 19 Europe Application Security Market by Country, 2021 - 2024, USD Million
TABLE 20 Europe Application Security Market by Country, 2025 - 2032, USD Million
TABLE 21 Europe Other Security Type Market by Country, 2021 - 2024, USD Million
TABLE 22 Europe Other Security Type Market by Country, 2025 - 2032, USD Million
TABLE 23 Europe IoT Security Market by End-use, 2021 - 2024, USD Million
TABLE 24 Europe IoT Security Market by End-use, 2025 - 2032, USD Million
TABLE 25 Europe Energy & Utilities Market by Country, 2021 - 2024, USD Million
TABLE 26 Europe Energy & Utilities Market by Country, 2025 - 2032, USD Million
TABLE 27 Europe Manufacturing Market by Country, 2021 - 2024, USD Million
TABLE 28 Europe Manufacturing Market by Country, 2025 - 2032, USD Million
TABLE 29 Europe Automotive Market by Country, 2021 - 2024, USD Million
TABLE 30 Europe Automotive Market by Country, 2025 - 2032, USD Million
TABLE 31 Europe Healthcare Market by Country, 2021 - 2024, USD Million
TABLE 32 Europe Healthcare Market by Country, 2025 - 2032, USD Million
TABLE 33 Europe Transport Market by Country, 2021 - 2024, USD Million
TABLE 34 Europe Transport Market by Country, 2025 - 2032, USD Million
TABLE 35 Europe Consumer Electronics Market by Country, 2021 - 2024, USD Million
TABLE 36 Europe Consumer Electronics Market by Country, 2025 - 2032, USD Million
TABLE 37 Europe Other End-use Market by Country, 2021 - 2024, USD Million
TABLE 38 Europe Other End-use Market by Country, 2025 - 2032, USD Million
TABLE 39 Europe IoT Security Market by Country, 2021 - 2024, USD Million
TABLE 40 Europe IoT Security Market by Country, 2025 - 2032, USD Million
TABLE 41 Germany IoT Security Market, 2021 - 2024, USD Million
TABLE 42 Germany IoT Security Market, 2025 - 2032, USD Million
TABLE 43 Germany IoT Security Market by Component, 2021 - 2024, USD Million
TABLE 44 Germany IoT Security Market by Component, 2025 - 2032, USD Million
TABLE 45 Germany IoT Security Market by Security Type, 2021 - 2024, USD Million
TABLE 46 Germany IoT Security Market by Security Type, 2025 - 2032, USD Million
TABLE 47 Germany IoT Security Market by End-use, 2021 - 2024, USD Million
TABLE 48 Germany IoT Security Market by End-use, 2025 - 2032, USD Million
TABLE 49 UK IoT Security Market, 2021 - 2024, USD Million
TABLE 50 UK IoT Security Market, 2025 - 2032, USD Million
TABLE 51 UK IoT Security Market by Component, 2021 - 2024, USD Million
TABLE 52 UK IoT Security Market by Component, 2025 - 2032, USD Million
TABLE 53 UK IoT Security Market by Security Type, 2021 - 2024, USD Million
TABLE 54 UK IoT Security Market by Security Type, 2025 - 2032, USD Million
TABLE 55 UK IoT Security Market by End-use, 2021 - 2024, USD Million
TABLE 56 UK IoT Security Market by End-use, 2025 - 2032, USD Million
TABLE 57 France IoT Security Market, 2021 - 2024, USD Million
TABLE 58 France IoT Security Market, 2025 - 2032, USD Million
TABLE 59 France IoT Security Market by Component, 2021 - 2024, USD Million
TABLE 60 France IoT Security Market by Component, 2025 - 2032, USD Million
TABLE 61 France IoT Security Market by Security Type, 2021 - 2024, USD Million
TABLE 62 France IoT Security Market by Security Type, 2025 - 2032, USD Million
TABLE 63 France IoT Security Market by End-use, 2021 - 2024, USD Million
TABLE 64 France IoT Security Market by End-use, 2025 - 2032, USD Million
TABLE 65 Russia IoT Security Market, 2021 - 2024, USD Million
TABLE 66 Russia IoT Security Market, 2025 - 2032, USD Million
TABLE 67 Russia IoT Security Market by Component, 2021 - 2024, USD Million
TABLE 68 Russia IoT Security Market by Component, 2025 - 2032, USD Million
TABLE 69 Russia IoT Security Market by Security Type, 2021 - 2024, USD Million
TABLE 70 Russia IoT Security Market by Security Type, 2025 - 2032, USD Million
TABLE 71 Russia IoT Security Market by End-use, 2021 - 2024, USD Million
TABLE 72 Russia IoT Security Market by End-use, 2025 - 2032, USD Million
TABLE 73 Spain IoT Security Market, 2021 - 2024, USD Million
TABLE 74 Spain IoT Security Market, 2025 - 2032, USD Million
TABLE 75 Spain IoT Security Market by Component, 2021 - 2024, USD Million
TABLE 76 Spain IoT Security Market by Component, 2025 - 2032, USD Million
TABLE 77 Spain IoT Security Market by Security Type, 2021 - 2024, USD Million
TABLE 78 Spain IoT Security Market by Security Type, 2025 - 2032, USD Million
TABLE 79 Spain IoT Security Market by End-use, 2021 - 2024, USD Million
TABLE 80 Spain IoT Security Market by End-use, 2025 - 2032, USD Million
TABLE 81 Italy IoT Security Market, 2021 - 2024, USD Million
TABLE 82 Italy IoT Security Market, 2025 - 2032, USD Million
TABLE 83 Italy IoT Security Market by Component, 2021 - 2024, USD Million
TABLE 84 Italy IoT Security Market by Component, 2025 - 2032, USD Million
TABLE 85 Italy IoT Security Market by Security Type, 2021 - 2024, USD Million
TABLE 86 Italy IoT Security Market by Security Type, 2025 - 2032, USD Million
TABLE 87 Italy IoT Security Market by End-use, 2021 - 2024, USD Million
TABLE 88 Italy IoT Security Market by End-use, 2025 - 2032, USD Million
TABLE 89 Rest of Europe IoT Security Market, 2021 - 2024, USD Million
TABLE 90 Rest of Europe IoT Security Market, 2025 - 2032, USD Million
TABLE 91 Rest of Europe IoT Security Market by Component, 2021 - 2024, USD Million
TABLE 92 Rest of Europe IoT Security Market by Component, 2025 - 2032, USD Million
TABLE 93 Rest of Europe IoT Security Market by Security Type, 2021 - 2024, USD Million
TABLE 94 Rest of Europe IoT Security Market by Security Type, 2025 - 2032, USD Million
TABLE 95 Rest of Europe IoT Security Market by End-use, 2021 - 2024, USD Million
TABLE 96 Rest of Europe IoT Security Market by End-use, 2025 - 2032, USD Million
TABLE 97 Key Information – Microsoft Corporation
TABLE 98 Key Information – Amazon Web Services, Inc.
TABLE 99 Key Information – Google LLC
TABLE 100 Key Information – IBM Corporation
TABLE 101 Key Information – Intel Corporation
TABLE 102 Key Information – Cisco Systems, Inc.
TABLE 103 Key Information – Thales Group S.A.
TABLE 104 Key Information – FireEye, Inc.
TABLE 105 Key Information – Hewlett Packard Enterprise Company
TABLE 106 Key Information – Check Point Software Technologies Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe IoT Security Market, 2021 - 2032, USD Million
FIG 3 Key Factors Impacting IoT Security Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2024
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2023, dec – 2025, mar) Leading Players
FIG 8 Porter’s Five Forces Analysis – IoT Security Market
FIG 9 Europe IoT Security Market share by Component, 2024
FIG 10 Europe IoT Security Market share by Component, 2032
FIG 11 Europe IoT Security Market by Component, 2021 - 2032, USD Million
FIG 12 Europe IoT Security Market share by Security Type, 2024
FIG 13 Europe IoT Security Market share by Security Type, 2032
FIG 14 Europe IoT Security Market by Security Type, 2021 - 2032, USD Million
FIG 15 Europe IoT Security Market share by End-use, 2024
FIG 16 Europe IoT Security Market share by End-use, 2032
FIG 17 Europe IoT Security Market by End-use, 2021 - 2032, USD Million
FIG 18 Europe IoT Security Market share by Country, 2024
FIG 19 Europe IoT Security Market share by Country, 2032
FIG 20 Europe IoT Security Market by Country, 2021 - 2032, USD Million
FIG 21 Recent strategies and developments: Microsoft Corporation
FIG 22 SWOT Analysis: Microsoft Corporation
FIG 23 SWOT Analysis: Amazon Web Services, Inc.
FIG 24 SWOT Analysis: Google LLC
FIG 25 SWOT Analysis: IBM Corporation
FIG 26 SWOT Analysis: Intel corporation
FIG 27 SWOT Analysis: Cisco Systems, Inc.
FIG 28 SWOT Analysis: Thales Group S.A.
FIG 29 SWOT Analysis: FireEye, Inc.
FIG 30 SWOT Analysis: Hewlett Packard Enterprise Company
FIG 31 SWOT Analysis: CHECK POINT SOFTWARE TECHNOLOGIES LTD.