The North America AIoT Platforms Market would witness market growth of 35.1% CAGR during the forecast period (2023-2029).
The market for AIoT platforms is anticipated to develop due to the emergence of edge computing and the growing use of 5G networks. Businesses can handle data more quickly and efficiently by using edge computing to process data nearer to the source. In addition, businesses can more easily gather and analyze huge amounts of data from IoT devices due to 5G networks' quicker data transfer speeds. The AIoT platforms market offers a sizable opportunity for device manufacturers, solution providers, and other IoT and AI industry participants. As a result, the market is predicted to witness innovations with increasing growth prospects.
AIoT solutions increase operational efficiency and the value of data produced by machines. The supply chains, sales & marketing procedures, processes for delivering goods and services, and support models are only a few business operations that will inevitably incorporate. AIoT platforms market solutions. Decision-making applications backed by IoT networks would benefit greatly from AI, particularly in streaming data and real-time analytics connected to edge computing networks.
All use cases, market segments, and solution offerings will focus on real-time data as a major value proposition. Service logic will take on a new dimension due to the capacity to collect streaming data, identify relevant attributes, and make real-time decisions. The product will often be the data itself, and useful information frequently be provided in a data-as-a-service (DaaS) business model.
The demand for autonomous delivery robots is particularly strong in North America. The region is home to many of the major vendors. In addition, numerous regional start-ups and businesses are also advancing the development of autonomous delivery robotic technology. In addition, compared to other regions, the penetration of autonomous delivery robots across various end users is rather high in the region. There is a huge need for these robots in the retail, logistics, and hospitality industries. To have hands-on experience with the prototypes, many retailers and hospitality providers work with the makers. The AIoT platforms market is anticipated to expand with increased ADR deployment in the region since autonomous delivery robots utilize AIoT technology.
The US market dominated the North America AIoT Platforms Market by Country 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $8,466.5 million by 2029. The Canada market is poised to grow at a CAGR of 38.2% during (2023 - 2029). Additionally, The Mexico market would witness a CAGR of 37% during (2023 - 2029).
Based on Component, the market is segmented into Solution (Device Management, Connectivity Management, and Application Management) and Services. Based on Vertical, the market is segmented into BFSI, Manufacturing, Retail, Healthcare, Energy & Utilities, Transportation & Logistics and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide AIoT Platforms Market is Projected to reach USD 31.4 Billion by 2029, at a CAGR of 35.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, Intel Corporation, Oracle Corporation, Hewlett-Packard enterprise Company, Cisco Systems, Inc., Google LLC (Alphabet Inc.), Amazon Web Services, Inc. (Amazon.com, Inc.), NXP Semiconductors N.V. and Sharp Corporation (Hon Hai Precision Industry Co., Ltd.).
Scope of the Study
Market Segments Covered in the Report:
By Component
- Solution
- Device Management
- Connectivity Management
- Application Management
- Services
By Vertical
- BFSI
- Manufacturing
- Retail
- Healthcare
- Energy & Utilities
- Transportation & Logistics
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Microsoft Corporation
- Intel Corporation
- Oracle Corporation
- Hewlett-Packard enterprise Company
- Cisco Systems, Inc.
- Google LLC (Alphabet Inc.)
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- NXP Semiconductors N.V.
- Sharp Corporation (Hon Hai Precision Industry Co., Ltd.)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America AIoT Platforms Market, by Component
1.4.2 North America AIoT Platforms Market, by Vertical
1.4.3 North America AIoT Platforms 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
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jun – 2023, Mar) Leading Players
Chapter 4. North America AIoT Platforms Market by Component
4.1 North America Solution Market by Country
4.2 North America AIoT Platforms Market by Solution Type
4.2.1 North America Device Management Market by Country
4.2.2 North America Connectivity Management Market by Country
4.2.3 North America Application Management Market by Country
4.3 North America Services Market by Country
Chapter 5. North America AIoT Platforms Market by Vertical
5.1 North America BFSI Market by Country
5.2 North America Manufacturing Market by Country
5.3 North America Retail Market by Country
5.4 North America Healthcare Market by Country
5.5 North America Energy & Utilities Market by Country
5.6 North America Transportation & Logistics Market by Country
5.7 North America Other Vertical Market by Country
Chapter 6. North America AIoT Platforms Market by Country
6.1 US AIoT Platforms Market
6.1.1 US AIoT Platforms Market by Component
6.1.1.1 US AIoT Platforms Market by Solution Type
6.1.2 US AIoT Platforms Market by Vertical
6.2 Canada AIoT Platforms Market
6.2.1 Canada AIoT Platforms Market by Component
6.2.1.1 Canada AIoT Platforms Market by Solution Type
6.2.2 Canada AIoT Platforms Market by Vertical
6.3 Mexico AIoT Platforms Market
6.3.1 Mexico AIoT Platforms Market by Component
6.3.1.1 Mexico AIoT Platforms Market by Solution Type
6.3.2 Mexico AIoT Platforms Market by Vertical
6.4 Rest of North America AIoT Platforms Market
6.4.1 Rest of North America AIoT Platforms Market by Component
6.4.1.1 Rest of North America AIoT Platforms Market by Solution Type
6.4.2 Rest of North America AIoT Platforms Market by Vertical
Chapter 7. Company Profiles
7.1 IBM Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional & Segmental Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 Microsoft Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions:
7.2.5.3 Acquisition and Mergers:
7.2.6 SWOT Analysis
7.3 Intel Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Product Launches and Product Expansions:
7.3.6 SWOT Analysis
7.4 Oracle Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.6 SWOT Analysis
7.5 Hewlett Packard Enterprise Company
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Acquisition and Mergers:
7.5.6 SWOT Analysis
7.6 Cisco Systems, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Product Launches and Product Expansions:
7.6.6 SWOT Analysis
7.7 Google LLC (Alphabet Inc.)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.7.6 SWOT Analysis
7.8 Amazon Web Services, Inc. (Amazon.com, Inc.)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental Analysis
7.8.4 Recent strategies and developments:
7.8.4.1 Partnerships, Collaborations, and Agreements:
7.8.5 SWOT Analysis
7.9 NXP Semiconductors N.V.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional Analysis
7.9.4 Research & Development Expense
7.9.5 SWOT Analysis
7.10. Sharp Corporation (Hon Hai Precision Industry Co., Ltd.)
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental & Regional Analysis
7.10.4 Research & Development Expense
7.10.5 SWOT Analysis
TABLE 1 North America AIoT Platforms Market, 2019 - 2022, USD Million
TABLE 2 North America AIoT Platforms Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– AIoT Platforms Market
TABLE 4 Product Launches And Product Expansions– AIoT Platforms Market
TABLE 5 Acquisition and Mergers– AIoT Platforms Market
TABLE 6 North America AIoT Platforms Market by Component, 2019 - 2022, USD Million
TABLE 7 North America AIoT Platforms Market by Component, 2023 - 2029, USD Million
TABLE 8 North America Solution Market by Country, 2019 - 2022, USD Million
TABLE 9 North America Solution Market by Country, 2023 - 2029, USD Million
TABLE 10 North America AIoT Platforms Market by Solution Type, 2019 - 2022, USD Million
TABLE 11 North America AIoT Platforms Market by Solution Type, 2023 - 2029, USD Million
TABLE 12 North America Device Management Market by Country, 2019 - 2022, USD Million
TABLE 13 North America Device Management Market by Country, 2023 - 2029, USD Million
TABLE 14 North America Connectivity Management Market by Country, 2019 - 2022, USD Million
TABLE 15 North America Connectivity Management Market by Country, 2023 - 2029, USD Million
TABLE 16 North America Application Management Market by Country, 2019 - 2022, USD Million
TABLE 17 North America Application Management Market by Country, 2023 - 2029, USD Million
TABLE 18 North America Services Market by Country, 2019 - 2022, USD Million
TABLE 19 North America Services Market by Country, 2023 - 2029, USD Million
TABLE 20 North America AIoT Platforms Market by Vertical, 2019 - 2022, USD Million
TABLE 21 North America AIoT Platforms Market by Vertical, 2023 - 2029, USD Million
TABLE 22 North America BFSI Market by Country, 2019 - 2022, USD Million
TABLE 23 North America BFSI Market by Country, 2023 - 2029, USD Million
TABLE 24 North America Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 25 North America Manufacturing Market by Country, 2023 - 2029, USD Million
TABLE 26 North America Retail Market by Country, 2019 - 2022, USD Million
TABLE 27 North America Retail Market by Country, 2023 - 2029, USD Million
TABLE 28 North America Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 29 North America Healthcare Market by Country, 2023 - 2029, USD Million
TABLE 30 North America Energy & Utilities Market by Country, 2019 - 2022, USD Million
TABLE 31 North America Energy & Utilities Market by Country, 2023 - 2029, USD Million
TABLE 32 North America Transportation & Logistics Market by Country, 2019 - 2022, USD Million
TABLE 33 North America Transportation & Logistics Market by Country, 2023 - 2029, USD Million
TABLE 34 North America Other Vertical Market by Country, 2019 - 2022, USD Million
TABLE 35 North America Other Vertical Market by Country, 2023 - 2029, USD Million
TABLE 36 North America AIoT Platforms Market by Country, 2019 - 2022, USD Million
TABLE 37 North America AIoT Platforms Market by Country, 2023 - 2029, USD Million
TABLE 38 US AIoT Platforms Market, 2019 - 2022, USD Million
TABLE 39 US AIoT Platforms Market, 2023 - 2029, USD Million
TABLE 40 US AIoT Platforms Market by Component, 2019 - 2022, USD Million
TABLE 41 US AIoT Platforms Market by Component, 2023 - 2029, USD Million
TABLE 42 US AIoT Platforms Market by Solution Type, 2019 - 2022, USD Million
TABLE 43 US AIoT Platforms Market by Solution Type, 2023 - 2029, USD Million
TABLE 44 US AIoT Platforms Market by Vertical, 2019 - 2022, USD Million
TABLE 45 US AIoT Platforms Market by Vertical, 2023 - 2029, USD Million
TABLE 46 Canada AIoT Platforms Market, 2019 - 2022, USD Million
TABLE 47 Canada AIoT Platforms Market, 2023 - 2029, USD Million
TABLE 48 Canada AIoT Platforms Market by Component, 2019 - 2022, USD Million
TABLE 49 Canada AIoT Platforms Market by Component, 2023 - 2029, USD Million
TABLE 50 Canada AIoT Platforms Market by Solution Type, 2019 - 2022, USD Million
TABLE 51 Canada AIoT Platforms Market by Solution Type, 2023 - 2029, USD Million
TABLE 52 Canada AIoT Platforms Market by Vertical, 2019 - 2022, USD Million
TABLE 53 Canada AIoT Platforms Market by Vertical, 2023 - 2029, USD Million
TABLE 54 Mexico AIoT Platforms Market, 2019 - 2022, USD Million
TABLE 55 Mexico AIoT Platforms Market, 2023 - 2029, USD Million
TABLE 56 Mexico AIoT Platforms Market by Component, 2019 - 2022, USD Million
TABLE 57 Mexico AIoT Platforms Market by Component, 2023 - 2029, USD Million
TABLE 58 Mexico AIoT Platforms Market by Solution Type, 2019 - 2022, USD Million
TABLE 59 Mexico AIoT Platforms Market by Solution Type, 2023 - 2029, USD Million
TABLE 60 Mexico AIoT Platforms Market by Vertical, 2019 - 2022, USD Million
TABLE 61 Mexico AIoT Platforms Market by Vertical, 2023 - 2029, USD Million
TABLE 62 Rest of North America AIoT Platforms Market, 2019 - 2022, USD Million
TABLE 63 Rest of North America AIoT Platforms Market, 2023 - 2029, USD Million
TABLE 64 Rest of North America AIoT Platforms Market by Component, 2019 - 2022, USD Million
TABLE 65 Rest of North America AIoT Platforms Market by Component, 2023 - 2029, USD Million
TABLE 66 Rest of North America AIoT Platforms Market by Solution Type, 2019 - 2022, USD Million
TABLE 67 Rest of North America AIoT Platforms Market by Solution Type, 2023 - 2029, USD Million
TABLE 68 Rest of North America AIoT Platforms Market by Vertical, 2019 - 2022, USD Million
TABLE 69 Rest of North America AIoT Platforms Market by Vertical, 2023 - 2029, USD Million
TABLE 70 Key information – IBM Corporation
TABLE 71 key information – Microsoft Corporation
TABLE 72 Key Information – Intel Corporation
TABLE 73 Key Information – Oracle Corporation
TABLE 74 key information – Hewlett Packard Enterprise Company
TABLE 75 Key Information – Cisco Systems, Inc.
TABLE 76 Key Information – Google LLC
TABLE 77 Key Information – Amazon Web Services, Inc.
TABLE 78 Key Information – NXP Semiconductors N.V.
TABLE 79 Key Information – Sharp Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 5 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2020, Jun – 2023, Mar) Leading Players
FIG 6 Recent strategies and developments: IBM Corporation
FIG 7 Swot analysis: IBM Corporation
FIG 8 Recent strategies and developments: Microsoft Corporation
FIG 9 SWOT Analysis: Microsoft Corporation
FIG 10 Recent strategies and developments: Intel Corporation
FIG 11 SWOT analysis: Intel corporation
FIG 12 SWOT analysis: Oracle Corporation
FIG 13 SWOT analysis: Hewlett-Packard enterprise Company
FIG 14 Recent strategies and developments: Cisco Systems, Inc.
FIG 15 SWOT Analysis: Cisco Systems, Inc.
FIG 16 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 17 SWOT analysis: Amazon.com, Inc.
FIG 18 Swot analysis: NXP semiconductors N.V.
FIG 19 SWOT Analysis: Sharp Corporation