MARKET OVERVIEW
The Germany IoT in manufacturing market size was valued at USD 5.20 Billion in 2024 and is projected to reach USD 10.90 Billion by 2033, growing at a CAGR of 7.70% during 2025-2033. This growth is driven by the expansion of 5G technology enabling real-time communication among devices and the increasing adoption of automation supported by government initiatives.
STUDY ASSUMPTION YEARS
GERMANY IOT IN MANUFACTURING MARKET KEY TAKEAWAYS
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MARKET GROWTH FACTORS
The launch of 5G is a key factor driving growth in the Germany IoT in the manufacturing market. In October 2023, 90% of Germany had 5G coverage, compared to approximately 79% in 2022, according to mobile communications monitoring data by Bundesnetzagentur (Federal Network Agency). 5G's low latency and high throughput enable real-time connectivity and communication between devices, machines and systems, which is central to the operation of an IoT framework, including automation, predictive maintenance and quality control.
There is a need to automate production through so-called collaborative robots (cobots) in order to increase productivity and reduce costs. The Germany Trade and Invest (GTAI) projects total sales of cobots of around 71,000 devices by 2025. According to the IFR, in Germany, cobot sales grew by 6 percent from 2019 to 2020. Cobots represented as of 2021 5.7 percent of all industrial robots installed worldwide. German manufacturers also started to deploy IoT solutions for equipment monitoring in real time, production optimization and downtime reduction.
The government supports digitalization and automation with various programs. The 'Industry 4.0' platform encourages IoT technology adoption among SMEs with financial support. The German government also supports exchanges between industrial stakeholders and between industrial stakeholders and other actors or institutions for the development of IoT solutions and the use of AI and robotics in production.
MARKET SEGMENTATION
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REGIONAL INSIGHTS
The report segments the market into Western Germany, Southern Germany, Eastern Germany, and Northern Germany. Specific dominant region data including market share and CAGR is not explicitly provided in the source. Overall, these regions collectively contribute to the growth of the IoT in manufacturing market across Germany supported by widespread 5G deployment and government initiatives fostering digitalization.
RECENT DEVELOPMENTS & NEWS
In January 2024, TeamViewer, a German company specializing in group communications software, invested a "low double-digit Million" euro amount in two Industry 4.0 solution providers: Cybus (an industrial IoT firm based in Germany) and Sight Machine (an industrial data platform based in the US). The agreements aim to promote smart factory innovations and the merging of enterprise information technology (IT) with operational technology (OT), positioning TeamViewer as a leading enterprise software provider in manufacturing infrastructure, IT systems, and data analytics. The firm integrates IoT, augmented reality (AR), and artificial intelligence (AI) technologies.
KEY PLAYERS
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