The North America IoT Cloud Platform Market would witness market growth of 14.0% CAGR during the forecast period (2022-2028).
The number of devices connected to IoT, the growing trend toward data management solutions based on cloud, and the expanding demand for technologies like AI, 5G, big data, and edge computing are all likely to drive up demand for IoT cloud platforms. Since IoT cloud platforms offer a scalable, effective, and adaptable paradigm for supplying the services and infrastructure required to power IoT devices and applications, many enterprises have increased their usage.
Additionally, the COVID-19 outbreak was a major factor in the expansion of the IoT cloud platform market. The expansion of smart devices, the implementation of Industry 4.0 and the potential for data generation in large volumes by technologically advanced firms like HealthTech, EduTech, GamingTech, FinTech, and media & entertainment, accelerated after the pandemic. This further expanded the adoption of IoT cloud platform market.
The existence of industrialized nations with stable economies, such as the United States and Canada, may strongly encourage businesses to invest in R&D operations. The IoT adoption has expanded as a result of rapid digitalization across economic focus areas, increased adoption of smart devices, and technological improvements. Canadian businesses are improving and streamlining their business processes by embracing IoT capabilities. Due to the vast presence of vital public safety institutions like emergency medical services, firefighter services, smart citizen services are a significant growth driver in North America. The use of smart services has increased as a result of technological improvements, helping the region build an environment of safety and security that is centered on the requirements of its residents. During the forecast period, these variables would accelerate the regional market's expansion.
The US market dominated the North America IoT Cloud Platform Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $10,165 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 Application, the market is segmented into Industrial Automation & Smart Manufacturing, Smart Infrastructure, Automotive, Healthcare, Retail & E-commerce, BFSI and Others. Based on Organization Size, the market is segmented into Large Size Organizations and Small & Medium Sized Organizations. Based on Offering, the market is segmented into Platform (Without Services) and Services. Based on Platform Type, the market is segmented into Device Management, Connectivity & Communication and Analytics. Based on Deployment Type, the market is segmented into Commercial, Private and Hybrid. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global IoT Cloud Platform Market is Predict to reach $39.8 Billion by 2028, at a CAGR of 14.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon Web Services, Inc. (Amazon.com, Inc.), Microsoft Corporation, Google LLC, Cisco Systems, Inc., IBM Corporation, Oracle Corporation, Salesforce, Inc., Siemens AG, Alibaba Group Holding Limited, and Robert Bosch GmbH.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Industrial Automation & Smart Manufacturing
- Smart Infrastructure
- Automotive
- Healthcare
- Retail & E-commerce
- BFSI
- Others
By Organization Size
- Large Size Organizations
- Small & Medium Sized Organizations
By Offering
- Platform (Without Services)
- Device Management
- Connectivity & Communication
- Analytics
- Services
By Deployment Type
- Commercial
- Private
- Hybrid
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Microsoft Corporation
- Google LLC
- Cisco Systems, Inc.
- IBM Corporation
- Oracle Corporation
- Salesforce, Inc.
- Siemens AG
- Alibaba Group Holding Limited
- Robert Bosch GmbH
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 Cloud Platform Market, by Application
1.4.2 North America IoT Cloud Platform Market, by Organization Size
1.4.3 North America IoT Cloud Platform Market, by Offering
1.4.4 North America IoT Cloud Platform Market, by Deployment Type
1.4.5 North America IoT Cloud Platform 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
3.3 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 and Agreements : 2018, Apr – 2022, Dec) Leading Players
Chapter 4. North America IoT Cloud Platform Market by Application
4.1 North America Industrial Automation & Smart Manufacturing Market by Country
4.2 North America Smart Infrastructure Market by Country
4.3 North America Automotive Market by Country
4.4 North America Healthcare Market by Country
4.5 North America Retail & E-commerce Market by Country
4.6 North America BFSI Market by Country
4.7 North America Others Market by Country
Chapter 5. North America IoT Cloud Platform Market by Organization Size
5.1 North America Large Size Organizations Market by Country
5.2 North America Small & Medium Sized Organizations Market by Country
Chapter 6. North America IoT Cloud Platform Market by Offering
6.1 North America Platform (Without Services) Market by Country
6.2 North America IoT Cloud Platform Market by Platform Type
6.2.1 North America Device Management Market by Country
6.2.2 North America Connectivity & Communication Market by Country
6.2.3 North America Analytics Market by Country
6.3 North America Services Market by Country
Chapter 7. North America IoT Cloud Platform Market by Deployment Type
7.1 North America Commercial Market by Country
7.2 North America Private Market by Country
7.3 North America Hybrid Market by Country
Chapter 8. North America IoT Cloud Platform Market by Country
8.1 US IoT Cloud Platform Market
8.1.1 US IoT Cloud Platform Market by Application
8.1.2 US IoT Cloud Platform Market by Organization Size
8.1.3 US IoT Cloud Platform Market by Offering
8.1.3.1 US IoT Cloud Platform Market by Platform Type
8.1.4 US IoT Cloud Platform Market by Deployment Type
8.2 Canada IoT Cloud Platform Market
8.2.1 Canada IoT Cloud Platform Market by Application
8.2.2 Canada IoT Cloud Platform Market by Organization Size
8.2.3 Canada IoT Cloud Platform Market by Offering
8.2.3.1 Canada IoT Cloud Platform Market by Platform Type
8.2.4 Canada IoT Cloud Platform Market by Deployment Type
8.3 Mexico IoT Cloud Platform Market
8.3.1 Mexico IoT Cloud Platform Market by Application
8.3.2 Mexico IoT Cloud Platform Market by Organization Size
8.3.3 Mexico IoT Cloud Platform Market by Offering
8.3.3.1 Mexico IoT Cloud Platform Market by Platform Type
8.3.4 Mexico IoT Cloud Platform Market by Deployment Type
8.4 Rest of North America IoT Cloud Platform Market
8.4.1 Rest of North America IoT Cloud Platform Market by Application
8.4.2 Rest of North America IoT Cloud Platform Market by Organization Size
8.4.3 Rest of North America IoT Cloud Platform Market by Offering
8.4.3.1 Rest of North America IoT Cloud Platform Market by Platform Type
8.4.4 Rest of North America IoT Cloud Platform Market by Deployment Type
Chapter 9. Company Profiles
9.1 Amazon Web Services, Inc. (Amazon.com, Inc.)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental Analysis
9.1.4 Recent strategies and developments:
9.1.4.1 Partnerships, Collaborations, and Agreements:
9.1.4.2 Product Launches and Product Expansions:
9.1.5 SWOT Analysis
9.2 Microsoft Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Google LLC
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 Cisco Systems, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.6 SWOT Analysis
9.5 IBM Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional & Segmental Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 Oracle Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.6 SWOT Analysis
9.7 Salesforce.com, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Acquisition and Mergers:
9.7.6 SWOT Analysis
9.8 Siemens AG
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.5.2 Product Launches and Product Expansions:
9.8.5.3 Acquisition and Mergers:
9.8.6 SWOT Analysis
9.9 Robert Bosch GmbH
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.5.2 Product Launches and Product Expansions:
9.9.6 SWOT Analysis
9.10. Alibaba Group Holding Limited
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental Analysis
9.10.4 Recent strategies and developments:
9.10.4.1 Partnerships, Collaborations, and Agreements:
9.10.4.2 Product Launches and Product Expansions:
TABLE 1 North America IoT Cloud Platform Market, 2018 - 2021, USD Million
TABLE 2 North America IoT Cloud Platform Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– IoT Cloud Platform Market
TABLE 4 Product Launches And Product Expansions– IoT Cloud Platform Market
TABLE 5 Acquisition and Mergers– IoT Cloud Platform Market
TABLE 6 North America IoT Cloud Platform Market by Application, 2018 - 2021, USD Million
TABLE 7 North America IoT Cloud Platform Market by Application, 2022 - 2028, USD Million
TABLE 8 North America Industrial Automation & Smart Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 9 North America Industrial Automation & Smart Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 10 North America Smart Infrastructure Market by Country, 2018 - 2021, USD Million
TABLE 11 North America Smart Infrastructure Market by Country, 2022 - 2028, USD Million
TABLE 12 North America Automotive Market by Country, 2018 - 2021, USD Million
TABLE 13 North America Automotive Market by Country, 2022 - 2028, USD Million
TABLE 14 North America Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 15 North America Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 16 North America Retail & E-commerce Market by Country, 2018 - 2021, USD Million
TABLE 17 North America Retail & E-commerce Market by Country, 2022 - 2028, USD Million
TABLE 18 North America BFSI Market by Country, 2018 - 2021, USD Million
TABLE 19 North America BFSI Market by Country, 2022 - 2028, USD Million
TABLE 20 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 21 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 22 North America IoT Cloud Platform Market by Organization Size, 2018 - 2021, USD Million
TABLE 23 North America IoT Cloud Platform Market by Organization Size, 2022 - 2028, USD Million
TABLE 24 North America Large Size Organizations Market by Country, 2018 - 2021, USD Million
TABLE 25 North America Large Size Organizations Market by Country, 2022 - 2028, USD Million
TABLE 26 North America Small & Medium Sized Organizations Market by Country, 2018 - 2021, USD Million
TABLE 27 North America Small & Medium Sized Organizations Market by Country, 2022 - 2028, USD Million
TABLE 28 North America IoT Cloud Platform Market by Offering, 2018 - 2021, USD Million
TABLE 29 North America IoT Cloud Platform Market by Offering, 2022 - 2028, USD Million
TABLE 30 North America Platform (Without Services) Market by Country, 2018 - 2021, USD Million
TABLE 31 North America Platform (Without Services) Market by Country, 2022 - 2028, USD Million
TABLE 32 North America IoT Cloud Platform Market by Platform Type, 2018 - 2021, USD Million
TABLE 33 North America IoT Cloud Platform Market by Platform Type, 2022 - 2028, USD Million
TABLE 34 North America Device Management Market by Country, 2018 - 2021, USD Million
TABLE 35 North America Device Management Market by Country, 2022 - 2028, USD Million
TABLE 36 North America Connectivity & Communication Market by Country, 2018 - 2021, USD Million
TABLE 37 North America Connectivity & Communication Market by Country, 2022 - 2028, USD Million
TABLE 38 North America Analytics Market by Country, 2018 - 2021, USD Million
TABLE 39 North America Analytics Market by Country, 2022 - 2028, USD Million
TABLE 40 North America Services Market by Country, 2018 - 2021, USD Million
TABLE 41 North America Services Market by Country, 2022 - 2028, USD Million
TABLE 42 North America IoT Cloud Platform Market by Deployment Type, 2018 - 2021, USD Million
TABLE 43 North America IoT Cloud Platform Market by Deployment Type, 2022 - 2028, USD Million
TABLE 44 North America Commercial Market by Country, 2018 - 2021, USD Million
TABLE 45 North America Commercial Market by Country, 2022 - 2028, USD Million
TABLE 46 North America Private Market by Country, 2018 - 2021, USD Million
TABLE 47 North America Private Market by Country, 2022 - 2028, USD Million
TABLE 48 North America Hybrid Market by Country, 2018 - 2021, USD Million
TABLE 49 North America Hybrid Market by Country, 2022 - 2028, USD Million
TABLE 50 North America IoT Cloud Platform Market by Country, 2018 - 2021, USD Million
TABLE 51 North America IoT Cloud Platform Market by Country, 2022 - 2028, USD Million
TABLE 52 US IoT Cloud Platform Market, 2018 - 2021, USD Million
TABLE 53 US IoT Cloud Platform Market, 2022 - 2028, USD Million
TABLE 54 US IoT Cloud Platform Market by Application, 2018 - 2021, USD Million
TABLE 55 US IoT Cloud Platform Market by Application, 2022 - 2028, USD Million
TABLE 56 US IoT Cloud Platform Market by Organization Size, 2018 - 2021, USD Million
TABLE 57 US IoT Cloud Platform Market by Organization Size, 2022 - 2028, USD Million
TABLE 58 US IoT Cloud Platform Market by Offering, 2018 - 2021, USD Million
TABLE 59 US IoT Cloud Platform Market by Offering, 2022 - 2028, USD Million
TABLE 60 US IoT Cloud Platform Market by Platform Type, 2018 - 2021, USD Million
TABLE 61 US IoT Cloud Platform Market by Platform Type, 2022 - 2028, USD Million
TABLE 62 US IoT Cloud Platform Market by Deployment Type, 2018 - 2021, USD Million
TABLE 63 US IoT Cloud Platform Market by Deployment Type, 2022 - 2028, USD Million
TABLE 64 Canada IoT Cloud Platform Market, 2018 - 2021, USD Million
TABLE 65 Canada IoT Cloud Platform Market, 2022 - 2028, USD Million
TABLE 66 Canada IoT Cloud Platform Market by Application, 2018 - 2021, USD Million
TABLE 67 Canada IoT Cloud Platform Market by Application, 2022 - 2028, USD Million
TABLE 68 Canada IoT Cloud Platform Market by Organization Size, 2018 - 2021, USD Million
TABLE 69 Canada IoT Cloud Platform Market by Organization Size, 2022 - 2028, USD Million
TABLE 70 Canada IoT Cloud Platform Market by Offering, 2018 - 2021, USD Million
TABLE 71 Canada IoT Cloud Platform Market by Offering, 2022 - 2028, USD Million
TABLE 72 Canada IoT Cloud Platform Market by Platform Type, 2018 - 2021, USD Million
TABLE 73 Canada IoT Cloud Platform Market by Platform Type, 2022 - 2028, USD Million
TABLE 74 Canada IoT Cloud Platform Market by Deployment Type, 2018 - 2021, USD Million
TABLE 75 Canada IoT Cloud Platform Market by Deployment Type, 2022 - 2028, USD Million
TABLE 76 Mexico IoT Cloud Platform Market, 2018 - 2021, USD Million
TABLE 77 Mexico IoT Cloud Platform Market, 2022 - 2028, USD Million
TABLE 78 Mexico IoT Cloud Platform Market by Application, 2018 - 2021, USD Million
TABLE 79 Mexico IoT Cloud Platform Market by Application, 2022 - 2028, USD Million
TABLE 80 Mexico IoT Cloud Platform Market by Organization Size, 2018 - 2021, USD Million
TABLE 81 Mexico IoT Cloud Platform Market by Organization Size, 2022 - 2028, USD Million
TABLE 82 Mexico IoT Cloud Platform Market by Offering, 2018 - 2021, USD Million
TABLE 83 Mexico IoT Cloud Platform Market by Offering, 2022 - 2028, USD Million
TABLE 84 Mexico IoT Cloud Platform Market by Platform Type, 2018 - 2021, USD Million
TABLE 85 Mexico IoT Cloud Platform Market by Platform Type, 2022 - 2028, USD Million
TABLE 86 Mexico IoT Cloud Platform Market by Deployment Type, 2018 - 2021, USD Million
TABLE 87 Mexico IoT Cloud Platform Market by Deployment Type, 2022 - 2028, USD Million
TABLE 88 Rest of North America IoT Cloud Platform Market, 2018 - 2021, USD Million
TABLE 89 Rest of North America IoT Cloud Platform Market, 2022 - 2028, USD Million
TABLE 90 Rest of North America IoT Cloud Platform Market by Application, 2018 - 2021, USD Million
TABLE 91 Rest of North America IoT Cloud Platform Market by Application, 2022 - 2028, USD Million
TABLE 92 Rest of North America IoT Cloud Platform Market by Organization Size, 2018 - 2021, USD Million
TABLE 93 Rest of North America IoT Cloud Platform Market by Organization Size, 2022 - 2028, USD Million
TABLE 94 Rest of North America IoT Cloud Platform Market by Offering, 2018 - 2021, USD Million
TABLE 95 Rest of North America IoT Cloud Platform Market by Offering, 2022 - 2028, USD Million
TABLE 96 Rest of North America IoT Cloud Platform Market by Platform Type, 2018 - 2021, USD Million
TABLE 97 Rest of North America IoT Cloud Platform Market by Platform Type, 2022 - 2028, USD Million
TABLE 98 Rest of North America IoT Cloud Platform Market by Deployment Type, 2018 - 2021, USD Million
TABLE 99 Rest of North America IoT Cloud Platform Market by Deployment Type, 2022 - 2028, USD Million
TABLE 100 Key Information – Amazon Web Services, Inc.
TABLE 101 key information – Microsoft Corporation
TABLE 102 Key Information – Google LLC
TABLE 103 Key Information – Cisco Systems, Inc.
TABLE 104 Key information – IBM Corporation
TABLE 105 Key Information – Oracle Corporation
TABLE 106 Key Information –Salesforce.com, Inc.
TABLE 107 Key Information – Siemens AG
TABLE 108 key information – Robert Bosch GmbH
TABLE 109 Key Information – Alibaba Group Holding Limited
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 and Agreements : 2018, Apr – 2022, Dec) Leading Players
FIG 6 Recent strategies and developments: Amazon Web Services, Inc.
FIG 7 SWOT analysis: Amazon.com, Inc.
FIG 8 Recent strategies and developments: Microsoft Corporation
FIG 9 SWOT Analysis: Microsoft Corporation
FIG 10 Recent strategies and developments: Google LLC
FIG 11 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 12 SWOT Analysis: Cisco Systems, Inc.
FIG 13 Swot analysis: IBM Corporation
FIG 14 SWOT analysis: Oracle Corporation
FIG 15 SWOT Analysis: Salesforce.com Inc.
FIG 16 Recent strategies and developments: Siemens AG
FIG 17 Swot analysis: Siemens AG
FIG 18 Swot analysis: Robert Bosch GmbH
FIG 19 Recent strategies and developments: Alibaba Group Holding Limited