The North America Enterprise IoT Market would 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 would 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.
Free Valuable Insights: The Global Enterprise IoT Market is Estimated to reach $681.4 Billion by 2028, at a CAGR of 15.4%
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
Market Segments Covered in the Report:
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.
Chapter 1. Market Scope & Methodology
1.1 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 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)
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:
TABLE 1 North America Enterprise IoT Market, 2018 - 2021, USD Million
TABLE 2 North America Enterprise IoT Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Enterprise IoT Market
TABLE 4 Product Launches And Product Expansions– Enterprise IoT Market
TABLE 5 Acquisition and Mergers– Enterprise IoT Market
TABLE 6 Geographical Expansions– Enterprise IoT Market
TABLE 7 North America Enterprise IoT Market by Enterprise Type, 2018 - 2021, USD Million
TABLE 8 North America Enterprise IoT Market by Enterprise Type, 2022 - 2028, USD Million
TABLE 9 North America Large Enterprise Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Large Enterprise Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Small & Medium Sized Enterprise Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Small & Medium Sized Enterprise Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Enterprise IoT Market by Component, 2018 - 2021, USD Million
TABLE 14 North America Enterprise IoT Market by Component, 2022 - 2028, USD Million
TABLE 15 North America Hardware Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Hardware Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Software & Solutions Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Software & Solutions Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Enterprise IoT Market by Software & Solutions Type, 2018 - 2021, USD Million
TABLE 20 North America Enterprise IoT Market by Software & Solutions Type, 2022 - 2028, USD Million
TABLE 21 North America Surveillance & Security Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Surveillance & Security Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Network & Connectivity Management Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Network & Connectivity Management Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Data Management Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Data Management Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Application Management Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Application Management Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Device Management Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Device Management Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Services Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Services Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Enterprise IoT Market by End-use, 2018 - 2021, USD Million
TABLE 34 North America Enterprise IoT Market by End-use, 2022 - 2028, USD Million
TABLE 35 North America Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Oil & Gas Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Oil & Gas Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Utilities Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Utilities Market by Country, 2022 - 2028, USD Million
TABLE 41 North America Transport Market by Country, 2018 - 2021, USD Million
TABLE 42 North America Transport Market by Country, 2022 - 2028, USD Million
TABLE 43 North America BFSI Market by Country, 2018 - 2021, USD Million
TABLE 44 North America BFSI Market by Country, 2022 - 2028, USD Million
TABLE 45 North America IT & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 46 North America IT & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 47 North America Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 48 North America Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 49 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 50 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 51 North America Enterprise IoT Market by Country, 2018 - 2021, USD Million
TABLE 52 North America Enterprise IoT Market by Country, 2022 - 2028, USD Million
TABLE 53 US Enterprise IoT Market, 2018 - 2021, USD Million
TABLE 54 US Enterprise IoT Market, 2022 - 2028, USD Million
TABLE 55 US Enterprise IoT Market by Enterprise Type, 2018 - 2021, USD Million
TABLE 56 US Enterprise IoT Market by Enterprise Type, 2022 - 2028, USD Million
TABLE 57 US Enterprise IoT Market by Component, 2018 - 2021, USD Million
TABLE 58 US Enterprise IoT Market by Component, 2022 - 2028, USD Million
TABLE 59 US Enterprise IoT Market by Software & Solutions Type, 2018 - 2021, USD Million
TABLE 60 US Enterprise IoT Market by Software & Solutions Type, 2022 - 2028, USD Million
TABLE 61 US Enterprise IoT Market by End-use, 2018 - 2021, USD Million
TABLE 62 US Enterprise IoT Market by End-use, 2022 - 2028, USD Million
TABLE 63 Canada Enterprise IoT Market, 2018 - 2021, USD Million
TABLE 64 Canada Enterprise IoT Market, 2022 - 2028, USD Million
TABLE 65 Canada Enterprise IoT Market by Enterprise Type, 2018 - 2021, USD Million
TABLE 66 Canada Enterprise IoT Market by Enterprise Type, 2022 - 2028, USD Million
TABLE 67 Canada Enterprise IoT Market by Component, 2018 - 2021, USD Million
TABLE 68 Canada Enterprise IoT Market by Component, 2022 - 2028, USD Million
TABLE 69 Canada Enterprise IoT Market by Software & Solutions Type, 2018 - 2021, USD Million
TABLE 70 Canada Enterprise IoT Market by Software & Solutions Type, 2022 - 2028, USD Million
TABLE 71 Canada Enterprise IoT Market by End-use, 2018 - 2021, USD Million
TABLE 72 Canada Enterprise IoT Market by End-use, 2022 - 2028, USD Million
TABLE 73 Mexico Enterprise IoT Market, 2018 - 2021, USD Million
TABLE 74 Mexico Enterprise IoT Market, 2022 - 2028, USD Million
TABLE 75 Mexico Enterprise IoT Market by Enterprise Type, 2018 - 2021, USD Million
TABLE 76 Mexico Enterprise IoT Market by Enterprise Type, 2022 - 2028, USD Million
TABLE 77 Mexico Enterprise IoT Market by Component, 2018 - 2021, USD Million
TABLE 78 Mexico Enterprise IoT Market by Component, 2022 - 2028, USD Million
TABLE 79 Mexico Enterprise IoT Market by Software & Solutions Type, 2018 - 2021, USD Million
TABLE 80 Mexico Enterprise IoT Market by Software & Solutions Type, 2022 - 2028, USD Million
TABLE 81 Mexico Enterprise IoT Market by End-use, 2018 - 2021, USD Million
TABLE 82 Mexico Enterprise IoT Market by End-use, 2022 - 2028, USD Million
TABLE 83 Rest of North America Enterprise IoT Market, 2018 - 2021, USD Million
TABLE 84 Rest of North America Enterprise IoT Market, 2022 - 2028, USD Million
TABLE 85 Rest of North America Enterprise IoT Market by Enterprise Type, 2018 - 2021, USD Million
TABLE 86 Rest of North America Enterprise IoT Market by Enterprise Type, 2022 - 2028, USD Million
TABLE 87 Rest of North America Enterprise IoT Market by Component, 2018 - 2021, USD Million
TABLE 88 Rest of North America Enterprise IoT Market by Component, 2022 - 2028, USD Million
TABLE 89 Rest of North America Enterprise IoT Market by Software & Solutions Type, 2018 - 2021, USD Million
TABLE 90 Rest of North America Enterprise IoT Market by Software & Solutions Type, 2022 - 2028, USD Million
TABLE 91 Rest of North America Enterprise IoT Market by End-use, 2018 - 2021, USD Million
TABLE 92 Rest of North America Enterprise IoT Market by End-use, 2022 - 2028, USD Million
TABLE 93 Key Information – Amazon.com, Inc.
TABLE 94 Key Information – Cisco Systems, Inc.
TABLE 95 Key information – IBM Corporation
TABLE 96 Key Information – Intel Corporation
TABLE 97 key information – Microsoft Corporation
TABLE 98 Key Information – Oracle Corporation
TABLE 99 Key Information – SAP SE
TABLE 100 Key Information – Siemens AG
TABLE 101 key information – Robert Bosch GmbH
TABLE 102 key Information – PTC, Inc.
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 (2018-2022)
FIG 5 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2018, Jan – 2022, Jun) Leading Players
FIG 6 Recent strategies and developments: Amazon.com, Inc.
FIG 7 SWOT analysis: Amazon.com, Inc.
FIG 8 Recent strategies and developments: Cisco Systems, Inc.
FIG 9 SWOT Analysis: Cisco Systems, Inc.
FIG 10 Swot analysis: IBM Corporation
FIG 11 SWOT analysis: Intel corporation
FIG 12 Recent strategies and developments: Microsoft Corporation
FIG 13 SWOT Analysis: Microsoft Corporation
FIG 14 SWOT analysis: Oracle Corporation
FIG 15 Recent strategies and developments: SAP SE
FIG 16 SWOT Analysis: SAP SE
FIG 17 Swot analysis: Siemens AG
FIG 18 Swot analysis: Robert Bosch GmbH