HomeAerospace & DefenseMilitary & Defense Systems IoT in Aerospace Defence Market

Europe IoT in Aerospace Defence Market Size & Outlook, 2025-2033


Europe IoT in Aerospace Defence Market Insights

  • Based on Reed Intelligence findings, the Europe IoT in Aerospace Defence Market size reached USD 2750.76 Million in 2024 and is expected to grow to USD 7156.27 Million by 2033.
  • During 2025–2033, the market is forecasted to advance at a CAGR of 11.19%.
  • Fleet Management represented the largest share of the Application market in terms of size in 2024.
  • Among the Application segments, Cargo Tracking is forecasted to achieve the highest growth and remain the most lucrative through the forecast period.

Other Key Findings


  • In 2024, Europe accounted for 20.02% of the global IoT in Aerospace Defence Market size.
  • By 2033, United States is projected to lead the global market in terms of market size.
  • Germany is projected to emerge as the fastest-growing market in Europe, reaching USD 1836.19 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 2750.76 Million
Market Size In 2033 USD 7156.27 Million
Largest segment Fleet Management
Units Revenue in USD Million
CAGR 11.19% (2025-2033)
Segmnetation Covered
Europe
  1. Germany
  2. United Kingdom
  3. France
  4. Italy
  5. Spain
  6. Russia
  7. Nordic
  8. Benelux
Application
  1. Fleet Management
  2. Aircraft Maintenance
  3. Surveillance and Security
  4. Cargo Tracking
  5. Predictive Maintenance
Component
  1. Hardware
  2. Software
  3. Services
  4. Connectivity
Deployment Type
  1. On-Premises
  2. Cloud
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Related Reports


clients
Trusted by Fortune 500
Over 30000+ subscribers