Market Research Report
North American IoT Market 2019-2025
|Published by||Orion Market Research Pvt Ltd||Product code||931597|
Delivery time: 2-3 business days
|North American IoT Market 2019-2025|
|Published: January 28, 2020||Content info:||
North American IoT Market Size, Share & Trends Analysis Report, By Infrastructure (Platform, Mobile Networks And Access Technologies, Cloud Solutions/Storage And Processing, Analytics, and Security), By Vertical (Healthcare, Energy, Public & Services, Transportation, Retail, Individuals, And Others (Manufacturing)), By Application (Smart Home, Smart Wearable, Smart Cities, Smart Grid, IoT Industrial Internet, IoT Connected Cars, IoT Connected Healthcare, And Others(Toys And Drones)), and Forecast 2019-2025
North American IoT market is expected to witness a significant growth with the CAGR of approximately 21.4% during the forecast period. North America is estimated to be the dominating region in the IoT market owing to its well-developed information communication technology (ICT) infrastructure and the larger number of connected devices adoptions. The economic strength and well-established technology infrastructure of the North America provides a solid platform for the growth of the IoT market. Increasing number of connected devices along with increasing internet penetration rate in the region is estimated to be one of the major factors that are driving the growth of the IoT market.
North American IoT market is segmented on the basis of infrastructure, vertical, and application. Based on the infrastructure, the market is segmented into platform, mobile networks and access technologies, cloud solutions/storage and processing, analytics, and security. Based on the vertical, the market is segmented into healthcare, energy, public & services, transportation, retail, individuals, and others (manufacturing). Healthcare segment includes health, pharmaceuticals segment, and biotechnology. Public & Services includes government, BFSI, others (hospitality and entertainment).transportation segment include aerospace, automotive, rails and systems, and marine. Further, based on the infrastructure, the market is segmented into smart home, smart wearable, smart cities, smart grid, IoT industrial internet, IoT connected cars, IoT connected healthcare, and others (toys and drones).
Some of the major players operating in the North American IoT market include Apple Inc., AT&T Inc., BlackBerry, Dell Inc., and others. These players adopt various organic and inorganic growth strategies such as merger and acquisition and product launch to strengthen their presence in North American market.
The market study of the North American IoT market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include:
The report is intended for existing companies and new entrants into the market, potential investors and venture capitalists, government organizations, and various end-user industries for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, products offered by the company and future market opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.
The Report Covers:
NORTH AMERICAN IOT MARKET RESEARCH AND ANALYSIS BY INFRASTRUCTURE, 2018-2025 ($ MILLION)