North America Internet of Things (IoT) Market Size, Share & Industry Trends Analysis Report By Component, By Technology, By Platform, By Deployment Mode, By Organization Size, By Vertical, By Country and Growth Forecast, 2021 - 2027

North America Internet of Things (IoT) Market Size, Share & Industry Trends Analysis Report By Component, By Technology, By Platform, By Deployment Mode, By Organization Size, By Vertical, By Country and Growth Forecast, 2021 - 2027

The North America Internet of Things (IoT) Market would witness market growth of 16.8% CAGR during the forecast period (2021-2027).

Smart devices with the capacity to connect wirelessly to a network, interrelate with other devices & sensors and share & receive data. Companies want to develop the proper devices for their IoT infrastructure, and a rising count of third-party devices offer built-in IoT capabilities as well. Specialized pieces of hardware are used to gather & analyze data from a particular environment. Gathered data emphasize factors like location, movement, temperature, and sound. An Internet of Things gateway is a physical device or software program that caters as the connection point between the cloud, sensors, controllers, and intelligent devices. More requests have been in favor of complex IoT system gateways instead of simple end-point data capture tools.

A suitable combination of large data, machine learning, and analytics will be an improvement tool for effective data analytics. This suitable combination will permit industry experts to take full benefit of IoT data, using it to instruct all forms of Artificial Intelligence applications consisting of machine learning engines. Blockchain is a reliable technology for assistance of IoT. Merging both would help in overcoming security, compliance, operational, and legal summons of IoT in a very compatible way.

Apart from the implementation of business logic through smart contracts, blockchain technology delivers a simplified infrastructure for the independent functioning of smart devices. Blockchain-permitted IoT systems will allow devices to register and authenticate themselves against the network, and directly transfer data between one another with uniform time stamping. Standard business terms and payments can be independently operated by interactions between nodes in an IoT system. Blockchain technology’s peer-to-peer contractual behavior will rid the third party’s acceptance in a transaction over IoT, making it quicker.

The presence of developed nations like the U.S and Canada with well-established economies can motivate them to strongly invest in Research & Development activities. Radical growth digitalization across industry focus areas, rising adoption of smart connected devices, and technological advancements have further augmented the growth of the regional Internet of Things market. By utilizing IoT capabilities, Canadian companies are bettering and optimizing their business processes. Further, the companies are manufacturing and selling IoT infrastructure for the optimization of business. Smart citizen services are a growth driver in North America because of the presence of a huge number of important public safety institutions, like fire-fighter services and emergency medical services. Technological advancements have brought the boost in the adoption of smart services setup, which supports the region to create a safe and secure environment focused on its citizen’s needs.

The US market dominated the North America Internet of Things (IoT) Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $209,362.8 million by 2027. The Canada market is estimated to grow at a CAGR of 19.5% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 18.5% during (2021 - 2027).

Based on Component, the market is segmented into Solution and Services. Based on Technology, the market is segmented into Network Communications, Radiofrequency Identification, Near-field Communication, Data Processing, and Others. Based on Platform, the market is segmented into Network Management, Device Management, and Application Management. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on Organization Size, the market is segmented into Large Enterprises, and Small & Medium Enterprises (SMEs). Based on Vertical, the market is segmented into Manufacturing, Retail, E-commerce, & Consumer Electronics, Telecom & IT, Transportation & Logistics, and Healthcare & Life Sciences. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, IBM Corporation, Oracle Corporation, Microsoft Corporation, SAP SE, Google LLC, Amazon Web Services, Inc. (Amazon.com, Inc.), Cisco Systems, Inc., Intel Corporation, and Qualcomm, Inc.

Scope of the Study

Market Segments covered in the Report:

By Component

  • Solution
  • Services
By Technology
  • Network Communications
  • Radiofrequency Identification
  • Near-field Communication
  • Data Processing
  • Others
By Deployment Mode
  • On-premise
  • Cloud
By Organization Size
  • Large Enterprises
  • Small & Medium Enterprises (SMEs)
By Vertical
  • Manufacturing
  • Retail, E-commerce, & Consumer Electronics
  • Telecom & IT
  • Transportation & Logistics
  • Healthcare & Life Sciences
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • Siemens AG
  • IBM Corporation
  • Oracle Corporation
  • Microsoft Corporation
  • SAP SE
  • Google LLC
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Cisco Systems, Inc.
  • Intel Corporation
  • Qualcomm, Inc.
Unique Offerings from KBV Research
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Internet of Things (IoT) Market, by Component
1.4.2 North America Internet of Things (IoT) Market, by Technology
1.4.3 North America Internet of Things (IoT) Market, by Deployment Mode
1.4.4 North America Internet of Things (IoT) Market, by Organization Size
1.4.5 North America Internet of Things (IoT) Market, by Vertical
1.4.6 North America Internet of Things (IoT) Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Feb – 2022, Jan) Leading Players
Chapter 4. North America Internet of Things (IoT) Market by Component
4.1 North America Solution Market by Country
4.2 North America Services Market by Country
Chapter 5. North America Internet of Things (IoT) Market by Technology
5.1 North America Network Communications Market by Country
5.2 North America Radiofrequency Identification Market by Country
5.3 North America Near-field Communication Market by Country
5.4 North America Data Processing Market by Country
5.5 North America Others Market by Country
Chapter 6. North America Internet of Things (IoT) Market by Platform
6.1 North America Network Management Market by Country
6.2 North America Device Management Market by Country
6.3 North America Application Management Market by Country
Chapter 7. North America Internet of Things (IoT) Market by Deployment Mode
7.1 North America On-premise Market by Country
7.2 North America Cloud Market by Country
Chapter 8. North America Internet of Things (IoT) Market by Organization Size
8.1 North America Large Enterprises Market by Country
8.2 North America Small & Medium Enterprises (SMEs) Market by Country
Chapter 9. North America Internet of Things (IoT) Market by Vertical
9.1 North America Manufacturing Market by Country
9.2 North America Retail, E-commerce, & Consumer Electronics Market by Country
9.3 North America Telecom & IT Market by Country
9.4 North America Transportation & Logistics Market by Country
9.5 North America Healthcare & Life Sciences Market by Country
9.6 North America Energy & Utility Market by Country
9.7 North America Others Market by Country
Chapter 10. North America Internet of Things (IoT) Market by Country
10.1 US Internet of Things (IoT) Market
10.1.1 US Internet of Things (IoT) Market by Component
10.1.2 US Internet of Things (IoT) Market by Technology
10.1.3 US Internet of Things (IoT) Market by Platform
10.1.4 US Internet of Things (IoT) Market by Deployment Mode
10.1.5 US Internet of Things (IoT) Market by Organization Size
10.1.6 US Internet of Things (IoT) Market by Vertical
10.2 Canada Internet of Things (IoT) Market
10.2.1 Canada Internet of Things (IoT) Market by Component
10.2.2 Canada Internet of Things (IoT) Market by Technology
10.2.3 Canada Internet of Things (IoT) Market by Platform
10.2.4 Canada Internet of Things (IoT) Market by Deployment Mode
10.2.5 Canada Internet of Things (IoT) Market by Organization Size
10.2.6 Canada Internet of Things (IoT) Market by Vertical
10.3 Mexico Internet of Things (IoT) Market
10.3.1 Mexico Internet of Things (IoT) Market by Component
10.3.2 Mexico Internet of Things (IoT) Market by Technology
10.3.3 Mexico Internet of Things (IoT) Market by Platform
10.3.4 Mexico Internet of Things (IoT) Market by Deployment Mode
10.3.5 Mexico Internet of Things (IoT) Market by Organization Size
10.3.6 Mexico Internet of Things (IoT) Market by Vertical
10.4 Rest of North America Internet of Things (IoT) Market
10.4.1 Rest of North America Internet of Things (IoT) Market by Component
10.4.2 Rest of North America Internet of Things (IoT) Market by Technology
10.4.3 Rest of North America Internet of Things (IoT) Market by Platform
10.4.4 Rest of North America Internet of Things (IoT) Market by Deployment Mode
10.4.5 Rest of North America Internet of Things (IoT) Market by Organization Size
10.4.6 Rest of North America Internet of Things (IoT) Market by Vertical
Chapter 11. Company Profiles
11.1 Siemens AG
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Segmental and Regional Analysis
11.1.4 Research & Development Expense
11.1.5 Recent strategies and developments:
11.1.5.1 Partnerships, Collaborations, and Agreements:
11.1.5.2 Product Launches and Product Expansions:
11.1.5.3 Acquisition and Mergers:
11.2 IBM Corporation
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Regional & Segmental Analysis
11.2.4 Research & Development Expenses
11.2.5 Recent Strategies and developments:
11.2.5.1 Partnerships, Collaborations and Agreements:
11.2.6 SWOT Analysis
11.3 Oracle Corporation
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Segmental and Regional Analysis
11.3.4 Research & Development Expense
11.3.5 Recent Strategies and developments:
11.3.5.1 Partnerships, Collaborations and Agreements:
11.3.6 SWOT Analysis
11.4 Microsoft Corporation
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Segmental and Regional Analysis
11.4.4 Research & Development Expenses
11.4.5 Recent Strategies and developments:
11.4.5.1 Partnerships, Collaborations and Agreements:
11.4.5.2 Product Launches and Product Expansions:
11.4.5.3 Acquisitions and Mergers:
11.4.6 SWOT Analysis
11.5 SAP SE
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Segmental and Regional Analysis
11.5.4 Research & Development Expense
11.5.5 Recent Strategies and developments:
11.5.5.1 Partnerships, Collaborations and Agreements:
11.5.6 SWOT Analysis
11.6 Google LLC
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Segmental and Regional Analysis
11.6.4 Research & Development Expense
11.6.5 Recent strategies and developments:
11.6.5.1 Partnerships, Collaborations, and Agreements:
11.6.5.2 Product Launches and Product Expansions:
11.6.5.3 Acquisition and Mergers:
11.7 Amazon Web Services, Inc. (Amazon.com, Inc.)
11.7.1 Company Overview
11.7.2 Financial Analysis
11.7.3 Segmental and Regional Analysis
11.7.4 Recent strategies and developments:
11.7.4.1 Partnerships, Collaborations, and Agreements:
11.8 Cisco Systems, Inc.
11.8.1 Company Overview
11.8.2 Financial Analysis
11.8.3 Regional Analysis
11.8.4 Research & Development Expense
11.8.5 Recent strategies and developments:
11.8.5.1 Partnerships, Collaborations, and Agreements:
11.8.5.2 Product Launches and Product Expansions:
11.8.5.3 Acquisition and Mergers:
11.9 Intel Corporation
11.9.1 Company Overview
11.9.2 Financial Analysis
11.9.3 Segmental and Regional Analysis
11.9.4 Research & Development Expenses
11.9.5 Recent strategies and developments:
11.9.5.1 Partnerships, Collaborations, and Agreements:
11.9.5.2 Product Launches and Product Expansions:
11.9.5.3 Acquisitions and Mergers:
11.9.6 SWOT Analysis
11.10. Qualcomm, Inc.
11.10.1 Company Overview
11.10.2 Financial Analysis
11.10.3 Segmental and Regional Analysis
11.10.4 Research & Development Expense
11.10.5 Recent strategies and developments:
11.10.5.1 Partnerships, Collaborations, and Agreements:
11.10.5.2 Product Launches and Product Expansions:
11.10.6 SWOT Analysis

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings