According to the recent reports by Forbes magazine and website, there has been an activated transformation and a lot of spending for around trillions of dollars in the technology and internet of things. The reports also suggested that the industries like processes and discrete manufacturing including the vertical of transportation will be some of the biggest spenders and also counting the investment which has been fuelled by different companies and their countries in terms of machine learning and artificial intelligence have taken a long pace to develop the economic growth by such technological enhancements. Talking about the expenditure which has been done all over the globe in the internet of things, there are various reports of those particular countries with fuelled investment to have a Digital transformation with the improvement of customer experiences and operational efficiency. Many countries have begun to invest a lot of share in the internet of things, but when it comes to Europe, nothing can beat the adopted riddle transformation which this continent has done. Prediction of Europe in its future advancements in the sector of internet of things there will be a massive increase in the amount of iot generated and real-time data but there will also be an evidence of new data created which will be later managed by the efficiency Enterprises due to the growth which has been driven by iot technological devices which sends the Waves of information to the cloud. Iot Technologies and products are making the services focus on the core technology and more focused on the use of data gathered, but this, in turn, is also causing a lot of revenue and a lot of costs to be incurred by the companies. Soon there will be more jobs which will be created with the use of Artificial Intelligence and machine learning in Europe for the Enterprises and companies to work efficiently.