The Internet of Things (IoT) market in Italy grew steadily between 2015 and 2022. Valued at about * euros in 2015, it reached * in 2022, tripling over the period. Smart meters and smart cars are driving the growth of the Italian IoT market.
Beyond smart meters
Other smart devices are also gaining popularity in the Italian market. For example, the smart home market grew by about ** percent between 2020 and 2021. 2018 saw the launch of Google Home and Amazon Echo. Smart speakers accounted for ** percent of the smart home market in 2020, second only to home appliances, which accounted for ** percent of the market. In the coming years, the smart home segment is expected to to grow even more.
From smart homes to smart cities
Italian cities were increasingly embracing IoT technologies. According to a survey conducted on a sample of ** municipalities, ** percent of smart city projects planned in 2018 revolved around security. More than half of municipalities planned to introduce smart lighting, while *** in **** wanted to improve their parking management through IoT technologies.
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BitMAT, & Osservatori Digital Innovation. (April 5, 2023). Internet of Things (IoT) market size in Italy from 2015 to 2022 (in billion euros) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 29, 2026, from /statistics/1012906/internet-of-things-iot-market-value-in-italy/
BitMAT, und Osservatori Digital Innovation. "Internet of Things (IoT) market size in Italy from 2015 to 2022 (in billion euros)." Chart. April 5, 2023. ÌÇÐÄÆÆ½â°æ. Accessed July 29, 2026. /statistics/1012906/internet-of-things-iot-market-value-in-italy/
BitMAT, Osservatori Digital Innovation. (2023). Internet of Things (IoT) market size in Italy from 2015 to 2022 (in billion euros). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 29, 2026. /statistics/1012906/internet-of-things-iot-market-value-in-italy/
BitMAT, and Osservatori Digital Innovation. "Internet of Things (Iot) Market Size in Italy from 2015 to 2022 (in Billion Euros)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 5 Apr 2023, /statistics/1012906/internet-of-things-iot-market-value-in-italy/
BitMAT & Osservatori Digital Innovation, Internet of Things (IoT) market size in Italy from 2015 to 2022 (in billion euros) ÌÇÐÄÆÆ½â°æ, /statistics/1012906/internet-of-things-iot-market-value-in-italy/ (last visited July 29, 2026)
Internet of Things (IoT) market size in Italy from 2015 to 2022 (in billion euros) [Graph], BitMAT, & Osservatori Digital Innovation, April 5, 2023. [Online]. Available: /statistics/1012906/internet-of-things-iot-market-value-in-italy/