The North America Fog Computing Market would witness market growth of 49.5% CAGR during the forecast period (2024-2031).
The US market dominated the North America Fog Computing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,591.1 million by 2031. The Canada market is experiencing a CAGR of 52.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 51.4% during (2024 - 2031).
The fog computing market also benefits from increased data privacy and security focus. The demand for secure data processing and storage solutions is increasing due to the increasing number of concerns regarding data breaches and intrusions, particularly in sectors such as finance, healthcare, and government.
Additionally, by decentralizing data processing, fog computing limits the amount of sensitive data that must be sent to centralized cloud servers, thereby reducing the risk of data breaches. Furthermore, fog nodes can be equipped with security measures such as encryption, intrusion detection, and access control, providing additional protection for sensitive data.
Fog computing is experiencing rapid growth across North America, driven by increasing demand for real-time data processing, low-latency applications, and the surge of IoT devices. The region's technological infrastructure, coupled with government initiatives supporting digital transformation, creates fertile ground for the expansion of fog computing. North America is home to several smart cities, industrial automation projects, and energy-efficient initiatives, all requiring localized data processing capabilities. The U.S. Smart City Challenge, Canada’s Innovation Supercluster, and Mexico’s PRODESEN are just a few examples of programs integrating fog computing to enable real-time, low-latency data processing across multiple sectors.
Free Valuable Insights: The Fog Computing Market is Predict to reach USD 8.9 Billion by 2031, at a CAGR of 50.4%
Based on Component, the market is segmented into Software, and Hardware (Gateways, Routers & Switches, IP Video Cameras, Sensors, and Micro Data Sensors). Based on Application, the market is segmented into Smart Manufacturing, Connected Vehicles, Smart Grids, Smart Cities, Connected Healthcare, and Other Applications. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Cisco Systems, Inc.
- Microsoft Corporation
- Dell Technologies, Inc.
- Intel Corporation
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- IBM Corporation
- General Electric Company
- Schneider Electric SE
- Hewlett Packard Enterprise Company
- Oracle Corporation
North America Fog Computing Market Report Segmentation
By Component
- Software
- Hardware
- Gateways
- Routers & Switches
- IP Video Cameras
- Sensors
- Micro Data Sensors
By Application
- Smart Manufacturing
- Connected Vehicles
- Smart Grids
- Smart Cities
- Connected Healthcare
- Other Applications
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Fog Computing Market, by Component
1.4.2 North America Fog Computing Market, by Application
1.4.3 North America Fog Computing Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jul – 2024, Jan) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America Fog Computing Market by Component
5.1 North America Software Market by Region
5.2 North America Hardware Market by Region
5.3 North America Fog Computing Market by Hardware Type
5.3.1 North America Gateways Market by Country
5.3.2 North America Routers & Switches Market by Country
5.3.3 North America IP Video Cameras Market by Country
5.3.4 North America Sensors Market by Country
5.3.5 North America Micro Data Sensors Market by Country
Chapter 6. North America Fog Computing Market by Application
6.1 North America Smart Manufacturing Market by Country
6.2 North America Connected Vehicles Market by Country
6.3 North America Smart Grids Market by Country
6.4 North America Smart Cities Market by Country
6.5 North America Connected Healthcare Market by Country
6.6 North America Other Applications Market by Country
Chapter 7. North America Fog Computing Market by Country
7.1 US Fog Computing Market
7.1.1 US Fog Computing Market by Component
7.1.1.1 US Fog Computing Market by Hardware Type
7.1.2 US Fog Computing Market by Application
7.2 Canada Fog Computing Market
7.2.1 Canada Fog Computing Market by Component
7.2.1.1 Canada Fog Computing Market by Hardware Type
7.2.2 Canada Fog Computing Market by Application
7.3 Mexico Fog Computing Market
7.3.1 Mexico Fog Computing Market by Component
7.3.1.1 Mexico Fog Computing Market by Hardware Type
7.3.2 Mexico Fog Computing Market by Application
7.4 Rest of North America Fog Computing Market
7.4.1 Rest of North America Fog Computing Market by Component
7.4.1.1 Rest of North America Fog Computing Market by Hardware Type
7.4.2 Rest of North America Fog Computing Market by Application
Chapter 8. Company Profiles
8.1 Cisco Systems, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expense
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 Microsoft Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
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 Dell Technologies, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.5.3 Acquisition and Mergers:
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:
8.4.5.2 Product Launches and Product Expansions:
8.4.5.3 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Amazon Web Services, Inc. (Amazon.com, Inc.)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Partnerships, Collaborations, and Agreements:
8.5.5 SWOT Analysis
8.6 IBM Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional & Segmental Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.5.2 Product Launches and Product Expansions:
8.6.5.3 Acquisition and Mergers:
8.6.6 SWOT Analysis
8.7 General Electric Company
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:
8.7.6 SWOT Analysis
8.8 Schneider Electric SE
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 SWOT Analysis
8.9 Hewlett Packard Enterprise Company
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 Acquisition and Mergers:
8.9.6 SWOT Analysis
8.10. Oracle Corporation
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense
8.10.5 SWOT Analysis
TABLE 1 North America Fog Computing Market, 2020 - 2023, USD Million
TABLE 2 North America Fog Computing Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Fog Computing Market
TABLE 4 Product Launches And Product Expansions– Fog Computing Market
TABLE 5 Acquisition and Mergers– Fog Computing Market
TABLE 6 North America Fog Computing Market by Component, 2020 - 2023, USD Million
TABLE 7 North America Fog Computing Market by Component, 2024 - 2031, USD Million
TABLE 8 North America Software Market by Region, 2020 - 2023, USD Million
TABLE 9 North America Software Market by Region, 2024 - 2031, USD Million
TABLE 10 North America Hardware Market by Region, 2020 - 2023, USD Million
TABLE 11 North America Hardware Market by Region, 2024 - 2031, USD Million
TABLE 12 North America Fog Computing Market by Hardware Type, 2020 - 2023, USD Million
TABLE 13 North America Fog Computing Market by Hardware Type, 2024 - 2031, USD Million
TABLE 14 North America Gateways Market by Country, 2020 - 2023, USD Million
TABLE 15 North America Gateways Market by Country, 2024 - 2031, USD Million
TABLE 16 North America Routers & Switches Market by Country, 2020 - 2023, USD Million
TABLE 17 North America Routers & Switches Market by Country, 2024 - 2031, USD Million
TABLE 18 North America IP Video Cameras Market by Country, 2020 - 2023, USD Million
TABLE 19 North America IP Video Cameras Market by Country, 2024 - 2031, USD Million
TABLE 20 North America Sensors Market by Country, 2020 - 2023, USD Million
TABLE 21 North America Sensors Market by Country, 2024 - 2031, USD Million
TABLE 22 North America Micro Data Sensors Market by Country, 2020 - 2023, USD Million
TABLE 23 North America Micro Data Sensors Market by Country, 2024 - 2031, USD Million
TABLE 24 North America Fog Computing Market by Application, 2020 - 2023, USD Million
TABLE 25 North America Fog Computing Market by Application, 2024 - 2031, USD Million
TABLE 26 North America Smart Manufacturing Market by Country, 2020 - 2023, USD Million
TABLE 27 North America Smart Manufacturing Market by Country, 2024 - 2031, USD Million
TABLE 28 North America Connected Vehicles Market by Country, 2020 - 2023, USD Million
TABLE 29 North America Connected Vehicles Market by Country, 2024 - 2031, USD Million
TABLE 30 North America Smart Grids Market by Country, 2020 - 2023, USD Million
TABLE 31 North America Smart Grids Market by Country, 2024 - 2031, USD Million
TABLE 32 North America Smart Cities Market by Country, 2020 - 2023, USD Million
TABLE 33 North America Smart Cities Market by Country, 2024 - 2031, USD Million
TABLE 34 North America Connected Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 35 North America Connected Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 36 North America Other Applications Market by Country, 2020 - 2023, USD Million
TABLE 37 North America Other Applications Market by Country, 2024 - 2031, USD Million
TABLE 38 North America Fog Computing Market by Country, 2020 - 2023, USD Million
TABLE 39 North America Fog Computing Market by Country, 2024 - 2031, USD Million
TABLE 40 US Fog Computing Market, 2020 - 2023, USD Million
TABLE 41 US Fog Computing Market, 2024 - 2031, USD Million
TABLE 42 US Fog Computing Market by Component, 2020 - 2023, USD Million
TABLE 43 US Fog Computing Market by Component, 2024 - 2031, USD Million
TABLE 44 US Fog Computing Market by Hardware Type, 2020 - 2023, USD Million
TABLE 45 US Fog Computing Market by Hardware Type, 2024 - 2031, USD Million
TABLE 46 US Fog Computing Market by Application, 2020 - 2023, USD Million
TABLE 47 US Fog Computing Market by Application, 2024 - 2031, USD Million
TABLE 48 Canada Fog Computing Market, 2020 - 2023, USD Million
TABLE 49 Canada Fog Computing Market, 2024 - 2031, USD Million
TABLE 50 Canada Fog Computing Market by Component, 2020 - 2023, USD Million
TABLE 51 Canada Fog Computing Market by Component, 2024 - 2031, USD Million
TABLE 52 Canada Fog Computing Market by Hardware Type, 2020 - 2023, USD Million
TABLE 53 Canada Fog Computing Market by Hardware Type, 2024 - 2031, USD Million
TABLE 54 Canada Fog Computing Market by Application, 2020 - 2023, USD Million
TABLE 55 Canada Fog Computing Market by Application, 2024 - 2031, USD Million
TABLE 56 Mexico Fog Computing Market, 2020 - 2023, USD Million
TABLE 57 Mexico Fog Computing Market, 2024 - 2031, USD Million
TABLE 58 Mexico Fog Computing Market by Component, 2020 - 2023, USD Million
TABLE 59 Mexico Fog Computing Market by Component, 2024 - 2031, USD Million
TABLE 60 Mexico Fog Computing Market by Hardware Type, 2020 - 2023, USD Million
TABLE 61 Mexico Fog Computing Market by Hardware Type, 2024 - 2031, USD Million
TABLE 62 Mexico Fog Computing Market by Application, 2020 - 2023, USD Million
TABLE 63 Mexico Fog Computing Market by Application, 2024 - 2031, USD Million
TABLE 64 Rest of North America Fog Computing Market, 2020 - 2023, USD Million
TABLE 65 Rest of North America Fog Computing Market, 2024 - 2031, USD Million
TABLE 66 Rest of North America Fog Computing Market by Component, 2020 - 2023, USD Million
TABLE 67 Rest of North America Fog Computing Market by Component, 2024 - 2031, USD Million
TABLE 68 Rest of North America Fog Computing Market by Hardware Type, 2020 - 2023, USD Million
TABLE 69 Rest of North America Fog Computing Market by Hardware Type, 2024 - 2031, USD Million
TABLE 70 Rest of North America Fog Computing Market by Application, 2020 - 2023, USD Million
TABLE 71 Rest of North America Fog Computing Market by Application, 2024 - 2031, USD Million
TABLE 72 Key Information – Cisco Systems, Inc.
TABLE 73 Key Information – Microsoft Corporation
TABLE 74 Key Information – Dell Technologies, Inc.
TABLE 75 Key Information – Intel Corporation
TABLE 76 Key Information – Amazon Web Services, Inc.
TABLE 77 Key Information – IBM Corporation
TABLE 78 Key Information – General Electric Company
TABLE 79 Key Information – Schneider Electric SE
TABLE 80 Key Information – Hewlett Packard Enterprise Company
TABLE 81 Key Information – Oracle Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Fog Computing Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Fog Computing Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2020, Jul – 2024, jan) Leading Players
FIG 8 Porter’s Five Forces Analysis – Fog Computing Market
FIG 9 North America Fog Computing Market share by Component, 2023
FIG 10 North America Fog Computing Market share by Component, 2031
FIG 11 North America Fog Computing Market by Component, 2020 - 2031, USD Million
FIG 12 North America Fog Computing Market share by Application, 2023
FIG 13 North America Fog Computing Market share by Application, 2031
FIG 14 North America Fog Computing Market by Application, 2020 - 2031, USD Million
FIG 15 North America Fog Computing Market share by Country, 2023
FIG 16 North America Fog Computing Market share by Country, 2031
FIG 17 North America Fog Computing Market by Country, 2020 - 2031, USD Million
FIG 18 Recent strategies and developments: Cisco Systems, Inc.
FIG 19 SWOT Analysis: Cisco Systems, Inc.
FIG 20 Recent strategies and developments: Microsoft Corporation
FIG 21 SWOT Analysis: Microsoft Corporation
FIG 22 Recent strategies and developments: Dell Technologies, Inc.
FIG 23 SWOT Analysis: Dell Technologies, Inc.
FIG 24 Recent strategies and developments: Intel corporation
FIG 25 SWOT Analysis: Intel corporation
FIG 26 SWOT Analysis: Amazon Web Services, Inc.
FIG 27 Recent strategies and developments: IBM Corporation
FIG 28 SWOT Analysis: IBM Corporation
FIG 29 SWOT Analysis: General electric Company
FIG 30 SWOT Analysis: Schneider Electric SE
FIG 31 Recent strategies and developments: Hewlett Packard Enterprise Company
FIG 32 SWOT Analysis: Hewlett Packard Enterprise Company
FIG 33 SWOT Analysis: Oracle Corporation