The North America Enterprise IoT Market should witness market growth of 14.0% CAGR during the forecast period (2022-2028).
Enterprise internet of things also lowers maintenance costs, improves energy efficiency, and boosts employee competency, which leads to higher output. Applications of internet of things (IoT) innovation include resource management, inventory management, device management, and resource management in sectors like BFSI, agriculture, manufacturing, and utilities.
Furthermore, the market is anticipated to expand due to the growing significance of enterprise IoT implementation for applications, including remote administration services, asset management, operational information creation, predictive maintenance, and remote monitoring. For example, in June 2020, Schneider Electric SE partnered with Marlink, a provider of ICT services and a satellite connection, to give customers access to the Internet of Things when running equipment and systems in distant and challenging areas (IoT).
The presence of developed nations like the U.S and Canada with well-established economies can motivate them to invest strongly in Research & Development activities. Radical growth digitalization across industry focus areas, rising adoption of smart connected devices, and technological advancements are few growth factors. By utilizing IoT capabilities, Canadian companies are bettering and optimizing their business processes. Further, the companies are manufacturing and selling IoT infrastructure for business optimization.
The US market dominated the North America Enterprise IoT Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $162, 697.6 million by 2028.The Canada market is poised to grow at a CAGR of 16.6% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 15.6% during (2022-2028).
Based on Enterprise Type, the market is segmented into Large Enterprise and Small & Medium Sized Enterprise. Based on Component, the market is segmented into Hardware, Software & Solutions and Services. Based on Software & Solutions Type, the market is segmented into Surveillance & Security, Network & Connectivity Management, Data Management, Application Management and Device Management. Based on End-use, the market is segmented into Manufacturing, Oil & Gas, Utilities, Transport, BFSI, IT & Telecom, Healthcare 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 Amazon.com, Inc., Cisco Systems, Inc., IBM Corporation, Intel Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, Siemens AG, Robert Bosch GmbH, and PTC, Inc.
Enterprise internet of things also lowers maintenance costs, improves energy efficiency, and boosts employee competency, which leads to higher output. Applications of internet of things (IoT) innovation include resource management, inventory management, device management, and resource management in sectors like BFSI, agriculture, manufacturing, and utilities.
Furthermore, the market is anticipated to expand due to the growing significance of enterprise IoT implementation for applications, including remote administration services, asset management, operational information creation, predictive maintenance, and remote monitoring. For example, in June 2020, Schneider Electric SE partnered with Marlink, a provider of ICT services and a satellite connection, to give customers access to the Internet of Things when running equipment and systems in distant and challenging areas (IoT).
The presence of developed nations like the U.S and Canada with well-established economies can motivate them to invest strongly in Research & Development activities. Radical growth digitalization across industry focus areas, rising adoption of smart connected devices, and technological advancements are few growth factors. By utilizing IoT capabilities, Canadian companies are bettering and optimizing their business processes. Further, the companies are manufacturing and selling IoT infrastructure for business optimization.
The US market dominated the North America Enterprise IoT Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $162, 697.6 million by 2028.The Canada market is poised to grow at a CAGR of 16.6% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 15.6% during (2022-2028).
Based on Enterprise Type, the market is segmented into Large Enterprise and Small & Medium Sized Enterprise. Based on Component, the market is segmented into Hardware, Software & Solutions and Services. Based on Software & Solutions Type, the market is segmented into Surveillance & Security, Network & Connectivity Management, Data Management, Application Management and Device Management. Based on End-use, the market is segmented into Manufacturing, Oil & Gas, Utilities, Transport, BFSI, IT & Telecom, Healthcare 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 Amazon.com, Inc., Cisco Systems, Inc., IBM Corporation, Intel Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, Siemens AG, Robert Bosch GmbH, and PTC, Inc.
Scope of the Study
By Enterprise Type
- Large Enterprise
- Small & Medium Sized Enterprise
By Component
- Hardware
- Software & Solutions
- Surveillance & Security
- Network & Connectivity Management
- Data Management
- Application Management
- Device Management
- Services
By End-use
- Manufacturing
- Oil & Gas
- Utilities
- Transport
- BFSI
- IT & Telecom
- Healthcare
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Amazon.com, Inc.
- Cisco Systems, Inc.
- IBM Corporation
- Intel Corporation
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- Siemens AG
- Robert Bosch GmbH
- PTC, Inc.
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Enterprise IoT Market, by Enterprise Type
1.4.2 North America Enterprise IoT Market, by Component
1.4.3 North America Enterprise IoT Market, by End-use
1.4.4 North America Enterprise 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 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)
3.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2018, Jan - 2022, Jun) Leading Players
Chapter 4. North America Enterprise IoT Market by Enterprise Type
4.1 North America Large Enterprise Market by Country
4.2 North America Small & Medium Sized Enterprise Market by Country
Chapter 5. North America Enterprise IoT Market by Component
5.1 North America Hardware Market by Country
5.2 North America Software & Solutions Market by Country
5.3 North America Enterprise IoT Market by Software & Solutions Type
5.3.1 North America Surveillance & Security Market by Country
5.3.2 North America Network & Connectivity Management Market by Country
5.3.3 North America Data Management Market by Country
5.3.4 North America Application Management Market by Country
5.3.5 North America Device Management Market by Country
5.4 North America Services Market by Country
Chapter 6. North America Enterprise IoT Market by End-use
6.1 North America Manufacturing Market by Country
6.2 North America Oil & Gas Market by Country
6.3 North America Utilities Market by Country
6.4 North America Transport Market by Country
6.5 North America BFSI Market by Country
6.6 North America IT & Telecom Market by Country
6.7 North America Healthcare Market by Country
6.8 North America Others Market by Country
Chapter 7. North America Enterprise IoT Market by Country
7.1 US Enterprise IoT Market
7.1.1 US Enterprise IoT Market by Enterprise Type
7.1.2 US Enterprise IoT Market by Component
7.1.2.1 US Enterprise IoT Market by Software & Solutions Type
7.1.3 US Enterprise IoT Market by End-use
7.2 Canada Enterprise IoT Market
7.2.1 Canada Enterprise IoT Market by Enterprise Type
7.2.2 Canada Enterprise IoT Market by Component
7.2.2.1 Canada Enterprise IoT Market by Software & Solutions Type
7.2.3 Canada Enterprise IoT Market by End-use
7.3 Mexico Enterprise IoT Market
7.3.1 Mexico Enterprise IoT Market by Enterprise Type
7.3.2 Mexico Enterprise IoT Market by Component
7.3.2.1 Mexico Enterprise IoT Market by Software & Solutions Type
7.3.3 Mexico Enterprise IoT Market by End-use
7.4 Rest of North America Enterprise IoT Market
7.4.1 Rest of North America Enterprise IoT Market by Enterprise Type
7.4.2 Rest of North America Enterprise IoT Market by Component
7.4.2.1 Rest of North America Enterprise IoT Market by Software & Solutions Type
7.4.3 Rest of North America Enterprise IoT Market by End-use
Chapter 8. Company Profiles
8.1 Amazon.com, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental Analysis
8.1.4 Recent strategies and developments:
8.1.4.1 Partnerships, Collaborations, and Agreements:
8.1.4.2 Product Launches and Product Expansions:
8.1.5 SWOT Analysis
8.2 Cisco Systems, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 IBM Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional & Segmental 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:
8.3.6 SWOT Analysis
8.4 Intel Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.6 SWOT Analysis
8.5 Microsoft Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and 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 Acquisition and Mergers:
8.5.6 SWOT Analysis
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 SWOT Analysis
8.7 SAP SE
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.5.2 Product Launches and Product Expansions:
8.7.6 SWOT Analysis
8.8 Siemens AG
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Product Launches and Product Expansions:
8.8.6 SWOT Analysis
8.9 Robert Bosch GmbH
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Product Launches and Product Expansions:
8.9.5.2 Geographical Expansions:
8.9.6 SWOT Analysis
8.10. PTC, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Partnerships, Collaborations, and Agreements:
8.10.5.2 Product Launches and Product Expansions:
Companies Mentioned
- Amazon.com, Inc.
- Cisco Systems, Inc.
- IBM Corporation
- Intel Corporation
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- Siemens AG
- Robert Bosch GmbH
- PTC, Inc.
Methodology
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