Among the additional technologies provided by the companies, IoT Analytics identifies a list of ten supporting technologies:
As we observed in the previous subsection, the IoT market is complex in terms of interdependencies. The analysis of the IoT platforms market in connection with the different segments helps define which are the opportunity for Europe to catch up the global picture and to enhance the IoT market. In order to understand the current performances in the development of technologies we look at the worldwide and European scenario of additional technologies to the IoT platforms production.
Figure 17 Global description of technologies that complete and enhance the production of IoT platforms.
Figure 18 European description of technologies that complete and enhance the production of IoT platforms.
Comparing
both graphs, we can observe a strong gap in the European market related to database technologies that support the IoT platforms. However, the European market is stronger communication protocols than the worldwide scenario.
The two graphs are useful because they provide handy evidences for understanding differences and analogies among Worldwide and European technology interests and trends. Moreover, the comparison between the two graphs describes how the European region – where about one third of the worldwide IoT platforms come from – is focusing on some technologies instead of others. For instance, the European scenario is fairly more active into the production of communication hardware and communication protocols than the Worldwide scenario, which is stronger than the European one in analytics and database technologies. Different trends can be observed focusing on processors/semiconductors and sensors. While the Worldwide scenario is more productive in terms of processors/semiconductors technologies, the European landscape is more involved in the industry of sensors.
Differences and analogies among Worldwide and European market are useful for building understanding on which directions the market could have room for improvement. The following subsection runs through the main observations discussed in this section focusing on highlighting the potential opportunities of the IoT platform market.
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