The North America IIoT Platform Market would witness market growth of 11.7% CAGR during the forecast period (2021-2027). The IoT is considered as the network or networks surrounding the utilization of standard Internet Protocol (IP) technologies in order to connect people, things, and processes to allow the latest cyber-physical systems.
Industrial IoT refers to the sub-segment of the bigger IoT, wherein these connections are present majorly to create physical goods for the marketplace and keeping up the physical assets of production. Earlier, the Internet has commonly been known to consist of a network of computers the adoption of mobile, integrated sensors, and other technologies are widening this definition to involve objects and people integrated with smart sensors. With time, this trend would surely increase with better technology and less costly hardware, the number of connected objects will become all-encompassing.
IIoT or Industrial Internet of Things is generally IoT cloud platforms that find applications in several industries with an aim to collect the correlated data. There are different kinds of IIoT platforms such as application management platforms, IoT device management platforms, and connectivity management platforms that carry out various roles in the industries. These IIoT platforms assist industries to cut down the time consumed in the collation and interpreting data as well as assisting them to automate various complicated processes in the industries which is why the IIoT platform market is thriving.
The US market dominated the North America IIoT Platform Application Enablement Platform Market by Country 2020, growing at a CAGR of 10.9 % during the forecast period. The Canada market is experiencing a CAGR of 14.2% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 13.3% during (2021 - 2027).
The Asset Management market dominated the Canada IIoT Platform Market by Application 2020, thereby, achieving a market value of $353.8 million by 2027. The Business Process Optimization market is estimated to grow at a CAGR of 15.5% during (2021 - 2027). The Email market is exhibiting a CAGR of 16.1% during (2021 - 2027). Additionally, The Supply Chain & Management market is expected to witness a CAGR of 15.5% during (2021 - 2027).
Based on Offering, the market is segmented into Platform (Without Services) and Services. Platform Type segment is further bifurcated across Device Management Platform, Application Enablement Platform and Connectivity Management Platform. Based on Application, the market is segmented into Asset Management, Business Process Optimization, Email, Supply Chain & Management and Automation Control. Based on Industry Vertical, the market is segmented into Energy & Utilities, Logistics & Transportation, Machine Manufacturing, Food & Beverages, Semiconductor & Electronics, Chemical & Materials, Automotive and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global IIoT Platform Market is Estimated to Reach USD 14.8 Billion by 2027 at a CAGR of 13.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Cisco Systems, Inc., Microsoft Corporation, Software AG, SAP SE, Hitachi, Ltd., Intel Corporation, Siemens AG, Accenture PLC, and PTC, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Offering
- Platform (Without Services)
- Device Management Platform
- Application Enablement Platform
- Connectivity Management Platform
- Services
By Application
- Asset Management
- Business Process Optimization
- Email
- Supply Chain & Management
- Automation Control
By Industry Vertical
- Energy & Utilities
- Logistics & Transportation
- Machine Manufacturing
- Food & Beverages
- Semiconductor & Electronics
- Chemical & Materials
- Automotive
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Cisco Systems, Inc.
- Microsoft Corporation
- Software AG
- SAP SE
- Hitachi, Ltd.
- Intel Corporation
- Siemens AG
- Accenture PLC
- 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 IIoT Platform Market, by Offering
1.4.2 North America IIoT Platform Market, by Application
1.4.3 North America IIoT Platform Market, by Industry Vertical
1.4.4 North America IIoT Platform Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 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 Geographical Expansions
3.2.4 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Mar – 2021, Feb) Leading Players
Chapter 4. North America IIoT Platform Market by Offering
4.1 North America IIoT Platform Platform (Without Services) Market by Country
4.2 North America IIoT Platform Market by Platform Type
4.2.1 North America IIoT Platform Device Management Platform Market by Country
4.2.2 North America IIoT Platform Application Enablement Platform Market by Country
4.2.3 North America IIoT Platform Connectivity Management Platform Market by Country
4.3 North America IIoT Platform Services Market by Country
Chapter 5. North America IIoT Platform Market by Industry Vertical
5.1 North America Energy & Utilities IIoT Platform Market by Country
5.2 North America Logistics & Transportation IIoT Platform Market by Country
5.3 North America Machine Manufacturing IIoT Platform Market by Country
5.4 North America Food & Beverages IIoT Platform Market by Country
5.5 North America Semiconductor & Electronics IIoT Platform Market by Country
5.6 North America Chemical & Materials IIoT Platform Market by Country
5.7 North America Automotive IIoT Platform Market by Country
5.8 North America Other Industry Vertical IIoT Platform Market by Country
Chapter 6. North America IIoT Platform Market by Application
6.1 North America Asset Management IIoT Platform Market by Country
6.2 North America Business Process Optimization IIoT Platform Market by Country
6.3 North America Email IIoT Platform Market by Country
6.4 North America Supply Chain & Management IIoT Platform Market by Country
6.5 North America Automation Control IIoT Platform Market by Country
Chapter 7. North America IIoT Platform Market by Country
7.1 US IIoT Platform Market
7.1.1 US IIoT Platform Market by Offering
7.1.1.1 US IIoT Platform Market by Platform Type
7.1.2 US IIoT Platform Market by Industry Vertical
7.1.3 US IIoT Platform Market by Application
7.2 Canada IIoT Platform Market
7.2.1 Canada IIoT Platform Market by Offering
7.2.1.1 Canada IIoT Platform Market by Platform Type
7.2.2 Canada IIoT Platform Market by Industry Vertical
7.2.3 Canada IIoT Platform Market by Application
7.3 Mexico IIoT Platform Market
7.3.1 Mexico IIoT Platform Market by Offering
7.3.1.1 Mexico IIoT Platform Market by Platform Type
7.3.2 Mexico IIoT Platform Market by Industry Vertical
7.3.3 Mexico IIoT Platform Market by Application
7.4 Rest of North America IIoT Platform Market
7.4.1 Rest of North America IIoT Platform Market by Offering
7.4.1.1 Rest of North America IIoT Platform Market by Platform Type
7.4.2 Rest of North America IIoT Platform Market by Industry Vertical
7.4.3 Rest of North America IIoT Platform Market by Application
Chapter 8. Company Profiles
8.1 IBM Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional & Segmental Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Acquisition and Mergers:
8.1.5.3 Product Launches and Product Expansions:
8.1.6 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:
8.2.6 SWOT Analysis
8.3 Microsoft Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional 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 Acquisition and Mergers:
8.3.5.3 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 Software AG
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisition and Mergers:
8.5 SAP SE
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Product Launches and Product Expansions:
8.5.6 SWOT Analysis
8.6 Hitachi, Ltd.
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 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.5.2 Product Launches and Product Expansions:
8.6.6 SWOT Analysis
8.7 Intel Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
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 Partnerships, Collaborations, and Agreements:
8.8.5.2 Geographical Expansions:
8.8.6 SWOT Analysis
8.9 Accenture PLC
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Acquisition and Mergers:
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:
8.10.5.3 Acquisition and Mergers:
TABLE 1 North America IIoT Platform Market, 2017 - 2020, USD Million
TABLE 2 North America IIoT Platform Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– IIoT Platform Market
TABLE 4 Product Launches And Product Expansions– IIoT Platform Market
TABLE 5 Geographical Expansions– IIoT Platform Market
TABLE 6 Acquisition and Mergers– IIoT Platform Market
TABLE 7 North America IIoT Platform Market by Offering, 2017 - 2020, USD Million
TABLE 8 North America IIoT Platform Market by Offering, 2021 - 2027, USD Million
TABLE 9 North America IIoT Platform Platform (Without Services) Market by Country, 2017 - 2020, USD Million
TABLE 10 North America IIoT Platform Platform (Without Services) Market by Country, 2021 - 2027, USD Million
TABLE 11 North America IIoT Platform Market by Platform Type, 2017 - 2020, USD Million
TABLE 12 North America IIoT Platform Market by Platform Type, 2021 - 2027, USD Million
TABLE 13 North America IIoT Platform Device Management Platform Market by Country, 2017 - 2020, USD Million
TABLE 14 North America IIoT Platform Device Management Platform Market by Country, 2021 - 2027, USD Million
TABLE 15 North America IIoT Platform Application Enablement Platform Market by Country, 2017 - 2020, USD Million
TABLE 16 North America IIoT Platform Application Enablement Platform Market by Country, 2021 - 2027, USD Million
TABLE 17 North America IIoT Platform Connectivity Management Platform Market by Country, 2017 - 2020, USD Million
TABLE 18 North America IIoT Platform Connectivity Management Platform Market by Country, 2021 - 2027, USD Million
TABLE 19 North America IIoT Platform Services Market by Country, 2017 - 2020, USD Million
TABLE 20 North America IIoT Platform Services Market by Country, 2021 - 2027, USD Million
TABLE 21 North America IIoT Platform Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 22 North America IIoT Platform Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 23 North America Energy & Utilities IIoT Platform Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Energy & Utilities IIoT Platform Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Logistics & Transportation IIoT Platform Market by Country, 2017 - 2020, USD Million
TABLE 26 North America Logistics & Transportation IIoT Platform Market by Country, 2021 - 2027, USD Million
TABLE 27 North America Machine Manufacturing IIoT Platform Market by Country, 2017 - 2020, USD Million
TABLE 28 North America Machine Manufacturing IIoT Platform Market by Country, 2021 - 2027, USD Million
TABLE 29 North America Food & Beverages IIoT Platform Market by Country, 2017 - 2020, USD Million
TABLE 30 North America Food & Beverages IIoT Platform Market by Country, 2021 - 2027, USD Million
TABLE 31 North America Semiconductor & Electronics IIoT Platform Market by Country, 2017 - 2020, USD Million
TABLE 32 North America Semiconductor & Electronics IIoT Platform Market by Country, 2021 - 2027, USD Million
TABLE 33 North America Chemical & Materials IIoT Platform Market by Country, 2017 - 2020, USD Million
TABLE 34 North America Chemical & Materials IIoT Platform Market by Country, 2021 - 2027, USD Million
TABLE 35 North America Automotive IIoT Platform Market by Country, 2017 - 2020, USD Million
TABLE 36 North America Automotive IIoT Platform Market by Country, 2021 - 2027, USD Million
TABLE 37 North America Other Industry Vertical IIoT Platform Market by Country, 2017 - 2020, USD Million
TABLE 38 North America Other Industry Vertical IIoT Platform Market by Country, 2021 - 2027, USD Million
TABLE 39 North America IIoT Platform Market by Application, 2017 - 2020, USD Million
TABLE 40 North America IIoT Platform Market by Application, 2021 - 2027, USD Million
TABLE 41 North America Asset Management IIoT Platform Market by Country, 2017 - 2020, USD Million
TABLE 42 North America Asset Management IIoT Platform Market by Country, 2021 - 2027, USD Million
TABLE 43 North America Business Process Optimization IIoT Platform Market by Country, 2017 - 2020, USD Million
TABLE 44 North America Business Process Optimization IIoT Platform Market by Country, 2021 - 2027, USD Million
TABLE 45 North America Email IIoT Platform Market by Country, 2017 - 2020, USD Million
TABLE 46 North America Email IIoT Platform Market by Country, 2021 - 2027, USD Million
TABLE 47 North America Supply Chain & Management IIoT Platform Market by Country, 2017 - 2020, USD Million
TABLE 48 North America Supply Chain & Management IIoT Platform Market by Country, 2021 - 2027, USD Million
TABLE 49 North America Automation Control IIoT Platform Market by Country, 2017 - 2020, USD Million
TABLE 50 North America Automation Control IIoT Platform Market by Country, 2021 - 2027, USD Million
TABLE 51 North America IIoT Platform Market by Country, 2017 - 2020, USD Million
TABLE 52 North America IIoT Platform Market by Country, 2021 - 2027, USD Million
TABLE 53 US IIoT Platform Market, 2017 - 2020, USD Million
TABLE 54 US IIoT Platform Market, 2021 - 2027, USD Million
TABLE 55 US IIoT Platform Market by Offering, 2017 - 2020, USD Million
TABLE 56 US IIoT Platform Market by Offering, 2021 - 2027, USD Million
TABLE 57 US IIoT Platform Market by Platform Type, 2017 - 2020, USD Million
TABLE 58 US IIoT Platform Market by Platform Type, 2021 - 2027, USD Million
TABLE 59 US IIoT Platform Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 60 US IIoT Platform Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 61 US IIoT Platform Market by Application, 2017 - 2020, USD Million
TABLE 62 US IIoT Platform Market by Application, 2021 - 2027, USD Million
TABLE 63 Canada IIoT Platform Market, 2017 - 2020, USD Million
TABLE 64 Canada IIoT Platform Market, 2021 - 2027, USD Million
TABLE 65 Canada IIoT Platform Market by Offering, 2017 - 2020, USD Million
TABLE 66 Canada IIoT Platform Market by Offering, 2021 - 2027, USD Million
TABLE 67 Canada IIoT Platform Market by Platform Type, 2017 - 2020, USD Million
TABLE 68 Canada IIoT Platform Market by Platform Type, 2021 - 2027, USD Million
TABLE 69 Canada IIoT Platform Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 70 Canada IIoT Platform Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 71 Canada IIoT Platform Market by Application, 2017 - 2020, USD Million
TABLE 72 Canada IIoT Platform Market by Application, 2021 - 2027, USD Million
TABLE 73 Mexico IIoT Platform Market, 2017 - 2020, USD Million
TABLE 74 Mexico IIoT Platform Market, 2021 - 2027, USD Million
TABLE 75 Mexico IIoT Platform Market by Offering, 2017 - 2020, USD Million
TABLE 76 Mexico IIoT Platform Market by Offering, 2021 - 2027, USD Million
TABLE 77 Mexico IIoT Platform Market by Platform Type, 2017 - 2020, USD Million
TABLE 78 Mexico IIoT Platform Market by Platform Type, 2021 - 2027, USD Million
TABLE 79 Mexico IIoT Platform Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 80 Mexico IIoT Platform Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 81 Mexico IIoT Platform Market by Application, 2017 - 2020, USD Million
TABLE 82 Mexico IIoT Platform Market by Application, 2021 - 2027, USD Million
TABLE 83 Rest of North America IIoT Platform Market, 2017 - 2020, USD Million
TABLE 84 Rest of North America IIoT Platform Market, 2021 - 2027, USD Million
TABLE 85 Rest of North America IIoT Platform Market by Offering, 2017 - 2020, USD Million
TABLE 86 Rest of North America IIoT Platform Market by Offering, 2021 - 2027, USD Million
TABLE 87 Rest of North America IIoT Platform Market by Platform Type, 2017 - 2020, USD Million
TABLE 88 Rest of North America IIoT Platform Market by Platform Type, 2021 - 2027, USD Million
TABLE 89 Rest of North America IIoT Platform Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 90 Rest of North America IIoT Platform Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 91 Rest of North America IIoT Platform Market by Application, 2017 - 2020, USD Million
TABLE 92 Rest of North America IIoT Platform Market by Application, 2021 - 2027, USD Million
TABLE 93 Key information – IBM Corporation
TABLE 94 Key Information – Cisco Systems, Inc.
TABLE 95 key information – Microsoft Corporation
TABLE 96 key information – Software AG
TABLE 97 Key Information – SAP SE
TABLE 98 Key Information – Hitachi, Ltd.
TABLE 99 Key Information – Intel Corporation
TABLE 100 Key Information – Siemens AG
TABLE 101 Key information – Accenture PLC
TABLE 102 key Information – PTC, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Mar – 2021, Feb) Leading Players
FIG 5 Recent strategies and developments: IBM Corporation
FIG 6 Swot analysis: IBM Corporation
FIG 7 Recent strategies and developments: Cisco Systems, Inc.
FIG 8 SWOT Analysis: Cisco Systems, Inc.
FIG 9 Recent strategies and developments: Microsoft Corporation
FIG 10 SWOT Analysis: Microsoft Corporation
FIG 11 Recent strategies and developments: Software AG
FIG 12 Recent strategies and developments: SAP SE
FIG 13 SWOT Analysis: SAP SE
FIG 14 Recent strategies and developments: Hitachi, Ltd.
FIG 15 SWOT Analysis: Hitachi, ltd.
FIG 16 Recent strategies and developments: Intel Corporation
FIG 17 SWOT analysis: Intel corporation
FIG 18 Recent strategies and developments: Siemens AG
FIG 19 Swot analysis: Siemens AG
FIG 20 Recent strategies and developments: Accenture PLC
FIG 21 Swot analysis: Accenture plc
FIG 22 Recent strategies and developments: PTC, Inc.