Europe IIoT Platforms for Smart Factories Market Size & Outlook, 2025-2033

Europe IIoT Platforms for Smart Factories Market Highlights

Based on Market Strides findings, the Europe IIoT Platforms for Smart Factories Market size reached USD 2219.4 Million in 2024 and is expected to grow to USD 6,476.75 Million by 2033.
During 2025–2033, the market is forecasted to advance at a CAGR of 12.72%.
Robotics represented the largest share of the By Solution market in terms of size in 2024.
Among the By Solution segments, IIoT is forecasted to achieve the highest growth and remain the most lucrative through the forecast period.

Europe IIoT Platforms for Smart Factories Market Overview

Source: MS Analysis Company Publications, Primary Interviews.

Other Key Findings

Europe represented 24.66% of the global IIoT Platforms for Smart Factories Market size in 2024.
By 2033, United States is estimated to hold the largest position in the global market in terms of size.
Russia is estimated to remain the fastest-growing market in Europe, advancing to USD 1906.54 Million by 2033.

Report Summary

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 2219.4 Million
Market Size In 2033	USD 6,476.75 Million
Largest segment	Robotics
Units	Revenue in USD Million
CAGR	12.72% (2025-2033)
Segmnetation Covered
Europe	Germany United Kingdom France Italy Spain Russia Nordic Benelux
By Solution	Robotics IIoT Digital Twin
By Industry	Automotive Electronics
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Europe IIoT Platforms for Smart Factories Market Country 2025-2033 (USD Million)

Europe	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Germany	XX.x	XX.x	XX.x	554.85	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
United Kingdom	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
France	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Italy	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Spain	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Russia	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Nordic	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Benelux	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

Europe IIoT Platforms for Smart Factories Market By Solution 2025-2033 (USD Million)

By Solution	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Robotics	XX.x	XX.x	XX.x	1172.73	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
IIoT	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Digital Twin	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

Europe IIoT Platforms for Smart Factories Market By Industry 2025-2033 (USD Million)

By Industry	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Automotive	XX.x	XX.x	XX.x	1229.77	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Electronics	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

Author :

Market Strides Research Team

The Market Strides Research Team delivers concise, data-driven insights across Construction & Manufacturing, Energy & Power, and Machinery & Equipment markets. With expertise covering materials, machinery, automation, infrastructure, power systems, renewables, and industrial technologies, the team provides reliable research and clear market intelligence for global businesses and decision-makers.