| Product Code: ETC6356348 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Belgium continues to be a key player in the IoT devices market with a high Herfindahl-Hirschman Index (HHI) indicating significant market concentration. The top exporting countries to Belgium include Netherlands, China, Luxembourg, Metropolitan France, and the UK, showcasing a diverse range of sources for IoT devices. Despite a notable Compound Annual Growth Rate (CAGR) of 20.56% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -18.02%. This data suggests a dynamic market environment with continued interest and demand for IoT devices in Belgium.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium IoT Devices Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium IoT Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium IoT Devices Market - Industry Life Cycle |
3.4 Belgium IoT Devices Market - Porter's Five Forces |
3.5 Belgium IoT Devices Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
3.6 Belgium IoT Devices Market Revenues & Volume Share, By Connectivity Type, 2021 & 2031F |
4 Belgium IoT Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of smart home devices and solutions in Belgium |
4.2.2 Growing demand for industrial automation and smart manufacturing |
4.2.3 Government initiatives promoting IoT technology and digital transformation in Belgium |
4.3 Market Restraints |
4.3.1 Concerns regarding data security and privacy in IoT devices |
4.3.2 High initial investment and integration costs for IoT solutions in Belgium |
5 Belgium IoT Devices Market Trends |
6 Belgium IoT Devices Market, By Types |
6.1 Belgium IoT Devices Market, By Application Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium IoT Devices Market Revenues & Volume, By Application Type, 2021- 2031F |
6.1.3 Belgium IoT Devices Market Revenues & Volume, By Connected and Smart Home, 2021- 2031F |
6.1.4 Belgium IoT Devices Market Revenues & Volume, By Medical IoT, 2021- 2031F |
6.1.5 Belgium IoT Devices Market Revenues & Volume, By Connected Car, 2021- 2031F |
6.1.6 Belgium IoT Devices Market Revenues & Volume, By Smart Cities, 2021- 2031F |
6.1.7 Belgium IoT Devices Market Revenues & Volume, By Industrial IoT, 2021- 2031F |
6.1.8 Belgium IoT Devices Market Revenues & Volume, By Personal IoT, 2021- 2031F |
6.2 Belgium IoT Devices Market, By Connectivity Type |
6.2.1 Overview and Analysis |
6.2.2 Belgium IoT Devices Market Revenues & Volume, By WPAN, 2021- 2031F |
6.2.3 Belgium IoT Devices Market Revenues & Volume, By WLAN, 2021- 2031F |
6.2.4 Belgium IoT Devices Market Revenues & Volume, By LPWA, 2021- 2031F |
6.2.5 Belgium IoT Devices Market Revenues & Volume, By Cellular/M2M, 2021- 2031F |
6.2.6 Belgium IoT Devices Market Revenues & Volume, By Other, 2021- 2031F |
7 Belgium IoT Devices Market Import-Export Trade Statistics |
7.1 Belgium IoT Devices Market Export to Major Countries |
7.2 Belgium IoT Devices Market Imports from Major Countries |
8 Belgium IoT Devices Market Key Performance Indicators |
8.1 Average number of connected devices per household in Belgium |
8.2 Percentage of businesses in Belgium using IoT solutions for operational efficiency |
8.3 Rate of IoT infrastructure development and deployment in key industries in Belgium |
9 Belgium IoT Devices Market - Opportunity Assessment |
9.1 Belgium IoT Devices Market Opportunity Assessment, By Application Type, 2021 & 2031F |
9.2 Belgium IoT Devices Market Opportunity Assessment, By Connectivity Type, 2021 & 2031F |
10 Belgium IoT Devices Market - Competitive Landscape |
10.1 Belgium IoT Devices Market Revenue Share, By Companies, 2024 |
10.2 Belgium IoT Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |