Digital Single Market
Digital Economy & Society

The Internet of Things

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Internet of Things
Internet of Things
Internet of Things (IoT) seeks to merge physical and virtual worlds creating 'smart environments' to improve EU citizens' lives. This internet based technology is high on the EU's political agenda.

Internet of Things (IoT) represents the next step towards the digitisation of our society and economy, where objects and people are interconnected through communication networks and report about their status and/or the surrounding environment.

IoT can also benefit the European economy generating economic growth and employment; according to a recent European Commission study the market value of the IoT in the EU is expected to exceed one trillion euros in 2020.

 

Europe's IoT Policy

For the past six years, the European Commission is cooperating actively with Member States and third countries towards the development and future deployment of the IoT technology.The Commission works on creating a European Single market for a human-centred IoT and invests in fostering an innovative IoT ecosystem.

In March 2015 the European Commission initiated the creation of the Alliance for Internet of Things Innovation (AIOTI). This alliance flags the intention of the European Commission to work closely with all stakeholders and actors of the technology in order to create a vibrant European IoT ecosystem.

The Digital Single Market (DSM) Strategy, adopted in May 2015, leads Europe a step further in accelerating developments on IoT. It underlines the need to avoid fragmentation and to foster interoperability for the technology to reach its potential. To fulfil these needs the European Commission is putting forward three concrete actions via the recent Digitising European Industry initiative :

  • a single market for IoT
  • a thriving IoT ecosystem 
  • a human-centred IoT approach.

For more details, refer to the staff working document on the Internet of Things.

Last updated on 19/04/2016 - 11:17
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