North America IoT in Construction Market Size, Share & Industry Trends Analysis Report By End User, By Component (Hardware, Software, Services and Connectivity), By Application, By Country and Growth Forecast, 2023 - 2029

North America IoT in Construction Market Size, Share & Industry Trends Analysis Report By End User, By Component (Hardware, Software, Services and Connectivity), By Application, By Country and Growth Forecast, 2023 - 2029


The North America IoT in Construction Market would witness market growth of 13.3% CAGR during the forecast period (2023-2029).

Building information modeling (BIM) software, smart wearables, RFID tagging & tracking, and other internet-connected devices have decreased resource waste, decreased the number of accidents and fatalities on construction sites, allowed for remote monitoring, and enabled data collection, resulting in higher efficiency and optimized financial resources. Effective site safety management significantly influences the construction industry's use of IoT technology.

Construction is one of the industries with the highest human resource demands. The personnel is constantly in danger of accidents on construction sites due to fatigue, working in hazardous places, and falling objects. IoT-connected tools, such as exoskeletons, sensors, smartwatches, and other devices, make workers more resilient and track environmental, biological, and physical factors, including temperature, heart rate, blood pressure, and location. Because connected devices are used to effectively manage safety on construction sites, the demand for IoT in construction market is growing.

The governments of Canada and Alberta have committed approximately 52,7 million USD to the building of several infrastructure projects. The United States is Mexico's most popular travel destination. In 2021, 10.4 million Mexicans traveled to the United States, comprising 47 percent of all international visitors. Hence, the prevalence of hotels & restaurants would rise. Furthermore, together with the expansion of the construction industry in North American nations, the utilization of cutting-edge technology for construction activities is increasing. Thus, it is projected that the North American market will expand.

The US market dominated the North America IoT in Construction Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $7,328.9 million by 2029. The Canada market is poised to grow at a CAGR of 15.9% during (2023 - 2029). Additionally, The Mexico market would witness a CAGR of 14.9% during (2023 - 2029).

Based on End User, the market is segmented into Non-residential and Residential. Based on Component, the market is segmented into Hardware, Software, Services and Connectivity. Based on Application, the market is segmented into Predictive Maintenance, Asset Monitoring, Wearables, Fleet Management and Others. 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 Autodesk, Inc., Advanced Opto-Mechanical Systems and Technologies Inc., CalAmp Corp, Hexagon AB, Hilti AG, Oracle Corporation, Topcon Corporation, Triax Technologies, Inc., Trimble, Inc., and Giatec Scientific Inc.

Scope of the Study

Market Segments covered in the Report:

By End User

Non-residential
Residential
By Component

Hardware
Software
Services
Connectivity
By Application

Predictive Maintenance
Asset Monitoring
Wearables
Fleet Management
Others
By Country

US
Canada
Mexico
Rest of North America
Companies Profiled

Autodesk, Inc.
Advanced Opto-Mechanical Systems and Technologies Inc.
CalAmp Corp
Hexagon AB
Hilti AG
Oracle Corporation
Topcon Corporation
Triax Technologies, Inc.
Trimble, Inc.
Giatec Scientific Inc.
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Chapter
1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America IoT in Construction Market, by End User
1.4.2 North America IoT in Construction Market, by Component
1.4.3 North America IoT in Construction Market, by Application
1.4.4 North America IoT in Construction 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 & 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
3.2.4 Geographical Expansions
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter
4. North America IoT in Construction Market by End User
4.1 North America Non-residential Market by Country
4.2 North America Residential Market by Country
Chapter
5. North America IoT in Construction Market by Component
5.1 North America Hardware Market by Country
5.2 North America Software Market by Country
5.3 North America Services Market by Country
5.4 North America Connectivity Market by Country
Chapter
6. North America IoT in Construction Market by Application
6.1 North America Predictive Maintenance Market by Country
6.2 North America Asset Monitoring Market by Country
6.3 North America Wearables Market by Country
6.4 North America Fleet Management Market by Country
6.5 North America Others Market by Country
Chapter
7. North America IoT in Construction Market by Country
7.1 US IoT in Construction Market
7.1.1 US IoT in Construction Market by End User
7.1.2 US IoT in Construction Market by Component
7.1.3 US IoT in Construction Market by Application
7.2 Canada IoT in Construction Market
7.2.1 Canada IoT in Construction Market by End User
7.2.2 Canada IoT in Construction Market by Component
7.2.3 Canada IoT in Construction Market by Application
7.3 Mexico IoT in Construction Market
7.3.1 Mexico IoT in Construction Market by End User
7.3.2 Mexico IoT in Construction Market by Component
7.3.3 Mexico IoT in Construction Market by Application
7.4 Rest of North America IoT in Construction Market
7.4.1 Rest of North America IoT in Construction Market by End User
7.4.2 Rest of North America IoT in Construction Market by Component
7.4.3 Rest of North America IoT in Construction Market by Application
Chapter
8. Company Profiles
8.1 Autodesk, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.5.3 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Advanced Opto-Mechanical Systems and Technologies Inc.
8.2.1 Company Overview
8.3 CalAmp Corp.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.4 Hexagon AB
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional & Segmental Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisition and Mergers:
8.5 Hilti AG
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Product Launches and Product Expansions:
8.5.5.3 Acquisition and Mergers:
8.6 Oracle Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Geographical Expansions:
8.6.6 SWOT Analysis
8.7 Topcon Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Acquisition and Mergers:
8.8 Triax Technologies, Inc.
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Product Launches and Product Expansions:
8.9 Trimble, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Acquisition and Mergers:
8.10. Giatec Scientific Inc.
8.10.1 Company Overview

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