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PUBLISHER: KBV Research | PRODUCT CODE: 1584987
PUBLISHER: KBV Research | PRODUCT CODE: 1584987
North America Embedded Analytics in IOT Devices Market Size, Share & Trends Analysis Report By Organization Size, By Component, By Deployment Type, By Application, By Vertical, By Country and Growth Forecast, 2024 - 2031
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The North America Embedded Analytics in IOT Devices Market would witness market growth of 34.4% CAGR during the forecast period (2024-2031).
The US market dominated the North America Embedded Analytics in IOT Devices Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,512.4 million by 2031. The Canada market is experiencing a CAGR of 37.2% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 36.1% during (2024 - 2031).
Adopting IoT devices equipped with embedded analytics is revolutionizing traditional farming practices in agriculture. Farmers can use IoT sensors to monitor soil moisture levels, weather conditions, and crop health. Embedded analytics enable these sensors to process data locally, providing farmers with actionable insights to inform irrigation practices, pest management, and overall crop management strategies.
Moreover, this precision agriculture approach maximizes yield and promotes sustainable farming practices by optimizing resource use. As the population grows, harnessing embedded analytics within IoT devices will be crucial in addressing food security challenges and ensuring efficient agricultural practices.
The growing demand for electronics and automobiles is also driving an increase in the need for embedded analytics, which is causing the manufacturing sector in Mexico to experience a boom in demand. In the first quarter of 2024, the manufacturing sector contributed an impressive $6.26 trillion MXN to the country's GDP, underscoring the critical role of manufacturing in Mexico's economic framework. To enhance productivity and retain a competitive advantage, manufacturers in Mexico are increasingly adopting sophisticated embedded analytics solutions within their IoT devices. During this transformation, the Mexican government has been instrumental in enabling it by encouraging investments in sophisticated manufacturing technology. These technologies are designed to streamline production processes and boost overall efficiency.
Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). Based on Component, the market is segmented into Software, Hardware, and Services. Based on Deployment Type, the market is segmented into Cloud, On-Premises, and Hybrid. Based on Application, the market is segmented into Predictive Maintenance, Asset Management, Operational Efficiency, Customer Experience, Security & Monitoring, and Other Application. Based on Vertical, the market is segmented into Manufacturing, Healthcare, Transportation & Logistics, Energy & Utilities, Retail, and Other Vertical. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- IBM Corporation
- Microsoft Corporation
- SAP SE
- Oracle Corporation
- Cisco Systems, Inc.
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- PTC Inc.
- Siemens AG
- Honeywell International, Inc.
- Fujitsu Limited
North America Embedded Analytics in IOT Devices Market Report Segmentation
By Organization Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
By Component
- Cloud
- On-Premises
- Hybrid
By Deployment Type
- Geospatial Mapping
- Disaster Management
By Application
- Predictive Maintenance
- Asset Management
- Operational Efficiency
- Customer Experience
- Security & Monitoring
- Other Application
By Vertical
- Manufacturing
- Healthcare
- Transportation & Logistics
- Energy & Utilities
- Retail
- Other Vertical
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Embedded Analytics in IOT Devices Market, by Organization Size
- 1.4.2 North America Embedded Analytics in IOT Devices Market, by Component
- 1.4.3 North America Embedded Analytics in IOT Devices Market, by Deployment Type
- 1.4.4 North America Embedded Analytics in IOT Devices Market, by Application
- 1.4.5 North America Embedded Analytics in IOT Devices Market, by Vertical
- 1.4.6 North America Embedded Analytics in IOT Devices 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
- 3.1.1 Overview
- 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, May - 2024, Jul) Leading Players
- 4.5 Porter Five Forces Analysis
Chapter 5. North America Embedded Analytics in IOT Devices Market by Organization Size
- 5.1 North America Large Enterprises Market by Region
- 5.2 North America Small & Medium Enterprises (SMEs) Market by Region
Chapter 6. North America Embedded Analytics in IOT Devices Market by Component
- 6.1 North America Software Market by Country
- 6.2 North America Hardware Market by Country
- 6.3 North America Services Market by Country
Chapter 7. North America Embedded Analytics in IOT Devices Market by Deployment Type
- 7.1 North America Cloud Market by Country
- 7.2 North America On-Premises Market by Country
- 7.3 North America Hybrid Market by Country
Chapter 8. North America Embedded Analytics in IOT Devices Market by Application
- 8.1 North America Predictive Maintenance Market by Country
- 8.2 North America Asset Management Market by Country
- 8.3 North America Operational Efficiency Market by Country
- 8.4 North America Customer Experience Market by Country
- 8.5 North America Security & Monitoring Market by Country
- 8.6 North America Other Application Market by Country
Chapter 9. North America Embedded Analytics in IOT Devices Market by Vertical
- 9.1 North America Manufacturing Market by Country
- 9.2 North America Healthcare Market by Country
- 9.3 North America Transportation & Logistics Market by Country
- 9.4 North America Energy & Utilities Market by Country
- 9.5 North America Retail Market by Country
- 9.6 North America Other Vertical Market by Country
Chapter 10. North America Embedded Analytics in IOT Devices Market by Country
- 10.1 US Embedded Analytics in IOT Devices Market
- 10.1.1 US Embedded Analytics in IOT Devices Market by Organization Size
- 10.1.2 US Embedded Analytics in IOT Devices Market by Component
- 10.1.3 US Embedded Analytics in IOT Devices Market by Deployment Type
- 10.1.4 US Embedded Analytics in IOT Devices Market by Application
- 10.1.5 US Embedded Analytics in IOT Devices Market by Vertical
- 10.2 Canada Embedded Analytics in IOT Devices Market
- 10.2.1 Canada Embedded Analytics in IOT Devices Market by Organization Size
- 10.2.2 Canada Embedded Analytics in IOT Devices Market by Component
- 10.2.3 Canada Embedded Analytics in IOT Devices Market by Deployment Type
- 10.2.4 Canada Embedded Analytics in IOT Devices Market by Application
- 10.2.5 Canada Embedded Analytics in IOT Devices Market by Vertical
- 10.3 Mexico Embedded Analytics in IOT Devices Market
- 10.3.1 Mexico Embedded Analytics in IOT Devices Market by Organization Size
- 10.3.2 Mexico Embedded Analytics in IOT Devices Market by Component
- 10.3.3 Mexico Embedded Analytics in IOT Devices Market by Deployment Type
- 10.3.4 Mexico Embedded Analytics in IOT Devices Market by Application
- 10.3.5 Mexico Embedded Analytics in IOT Devices Market by Vertical
- 10.4 Rest of North America Embedded Analytics in IOT Devices Market
- 10.4.1 Rest of North America Embedded Analytics in IOT Devices Market by Organization Size
- 10.4.2 Rest of North America Embedded Analytics in IOT Devices Market by Component
- 10.4.3 Rest of North America Embedded Analytics in IOT Devices Market by Deployment Type
- 10.4.4 Rest of North America Embedded Analytics in IOT Devices Market by Application
- 10.4.5 Rest of North America Embedded Analytics in IOT Devices Market by Vertical
Chapter 11. Company Profiles
- 11.1 IBM Corporation
- 11.1.1 Company Overview
- 11.1.2 Financial Analysis
- 11.1.3 Regional & Segmental Analysis
- 11.1.4 Research & Development Expenses
- 11.1.5 Recent strategies and developments:
- 11.1.5.1 Partnerships, Collaborations, and Agreements:
- 11.1.5.2 Product Launches and Product Expansions:
- 11.1.6 SWOT Analysis
- 11.2 Microsoft Corporation
- 11.2.1 Company Overview
- 11.2.2 Financial Analysis
- 11.2.3 Segmental and Regional Analysis
- 11.2.4 Research & Development Expenses
- 11.2.5 Recent strategies and developments:
- 11.2.5.1 Partnerships, Collaborations, and Agreements:
- 11.2.5.2 Acquisition and Mergers:
- 11.2.6 SWOT Analysis
- 11.3 SAP SE
- 11.3.1 Company Overview
- 11.3.2 Financial Analysis
- 11.3.3 Regional Analysis
- 11.3.4 Research & Development Expense
- 11.3.5 Recent strategies and developments:
- 11.3.5.1 Partnerships, Collaborations, and Agreements:
- 11.3.5.2 Product Launches and Product Expansions:
- 11.3.6 SWOT Analysis
- 11.4 Oracle Corporation
- 11.4.1 Company Overview
- 11.4.2 Financial Analysis
- 11.4.3 Segmental and Regional Analysis
- 11.4.4 Research & Development Expense
- 11.4.5 Recent strategies and developments:
- 11.4.5.1 Product Launches and Product Expansions:
- 11.4.6 SWOT Analysis
- 11.5 Cisco Systems, Inc.
- 11.5.1 Company Overview
- 11.5.2 Financial Analysis
- 11.5.3 Regional Analysis
- 11.5.4 Research & Development Expense
- 11.5.5 Recent strategies and developments:
- 11.5.5.1 Partnerships, Collaborations, and Agreements:
- 11.5.6 SWOT Analysis
- 11.6 Amazon Web Services, Inc. (Amazon.com, Inc.)
- 11.6.1 Company Overview
- 11.6.2 Financial Analysis
- 11.6.3 Segmental Analysis
- 11.6.4 Recent strategies and developments:
- 11.6.4.1 Product Launches and Product Expansions:
- 11.6.5 SWOT Analysis
- 11.7 PTC, Inc.
- 11.7.1 Company Overview
- 11.7.2 Financial Analysis
- 11.7.3 Regional Analysis
- 11.7.4 Research & Development Expenses
- 11.7.5 Recent strategies and developments:
- 11.7.5.1 Partnerships, Collaborations, and Agreements:
- 11.7.5.2 Product Launches and Product Expansions:
- 11.7.6 SWOT Analysis
- 11.8 Siemens AG
- 11.8.1 Company Overview
- 11.8.2 Financial Analysis
- 11.8.3 Segmental and Regional Analysis
- 11.8.4 Research & Development Expense
- 11.8.5 Recent strategies and developments:
- 11.8.5.1 Acquisition and Mergers:
- 11.8.6 SWOT Analysis
- 11.9 Honeywell International, Inc.
- 11.9.1 Company Overview
- 11.9.2 Financial Analysis
- 11.9.3 Segmental and Regional Analysis
- 11.9.4 Research & Development Expenses
- 11.9.5 Recent strategies and developments:
- 11.9.5.1 Partnerships, Collaborations, and Agreements:
- 11.9.6 SWOT Analysis
- 11.10. Fujitsu Limited
- 11.10.1 Company Overview
- 11.10.2 Financial Analysis
- 11.10.3 Segmental and Regional Analysis
- 11.10.4 Research & Development Expenses
- 11.10.5 Recent strategies and developments:
- 11.10.5.1 Partnerships, Collaborations, and Agreements:
- 11.10.6 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Embedded Analytics in IOT Devices Market, 2020 - 2023, USD Million
- TABLE 2 North America Embedded Analytics in IOT Devices Market, 2024 - 2031, USD Million
- TABLE 3 Partnerships, Collaborations and Agreements- Embedded Analytics in IOT Devices Market
- TABLE 4 Product Launches And Product Expansions- Embedded Analytics in IOT Devices Market
- TABLE 5 Acquisition and Mergers- Embedded Analytics in IOT Devices Market
- TABLE 6 North America Embedded Analytics in IOT Devices Market by Organization Size, 2020 - 2023, USD Million
- TABLE 7 North America Embedded Analytics in IOT Devices Market by Organization Size, 2024 - 2031, USD Million
- TABLE 8 North America Large Enterprises Market by Region, 2020 - 2023, USD Million
- TABLE 9 North America Large Enterprises Market by Region, 2024 - 2031, USD Million
- TABLE 10 North America Small & Medium Enterprises (SMEs) Market by Region, 2020 - 2023, USD Million
- TABLE 11 North America Small & Medium Enterprises (SMEs) Market by Region, 2024 - 2031, USD Million
- TABLE 12 North America Embedded Analytics in IOT Devices Market by Component, 2020 - 2023, USD Million
- TABLE 13 North America Embedded Analytics in IOT Devices Market by Component, 2024 - 2031, USD Million
- TABLE 14 North America Software Market by Country, 2020 - 2023, USD Million
- TABLE 15 North America Software Market by Country, 2024 - 2031, USD Million
- TABLE 16 North America Hardware Market by Country, 2020 - 2023, USD Million
- TABLE 17 North America Hardware Market by Country, 2024 - 2031, USD Million
- TABLE 18 North America Services Market by Country, 2020 - 2023, USD Million
- TABLE 19 North America Services Market by Country, 2024 - 2031, USD Million
- TABLE 20 North America Embedded Analytics in IOT Devices Market by Deployment Type, 2020 - 2023, USD Million
- TABLE 21 North America Embedded Analytics in IOT Devices Market by Deployment Type, 2024 - 2031, USD Million
- TABLE 22 North America Cloud Market by Country, 2020 - 2023, USD Million
- TABLE 23 North America Cloud Market by Country, 2024 - 2031, USD Million
- TABLE 24 North America On-Premises Market by Country, 2020 - 2023, USD Million
- TABLE 25 North America On-Premises Market by Country, 2024 - 2031, USD Million
- TABLE 26 North America Hybrid Market by Country, 2020 - 2023, USD Million
- TABLE 27 North America Hybrid Market by Country, 2024 - 2031, USD Million
- TABLE 28 North America Embedded Analytics in IOT Devices Market by Application, 2020 - 2023, USD Million
- TABLE 29 North America Embedded Analytics in IOT Devices Market by Application, 2024 - 2031, USD Million
- TABLE 30 North America Predictive Maintenance Market by Country, 2020 - 2023, USD Million
- TABLE 31 North America Predictive Maintenance Market by Country, 2024 - 2031, USD Million
- TABLE 32 North America Asset Management Market by Country, 2020 - 2023, USD Million
- TABLE 33 North America Asset Management Market by Country, 2024 - 2031, USD Million
- TABLE 34 North America Operational Efficiency Market by Country, 2020 - 2023, USD Million
- TABLE 35 North America Operational Efficiency Market by Country, 2024 - 2031, USD Million
- TABLE 36 North America Customer Experience Market by Country, 2020 - 2023, USD Million
- TABLE 37 North America Customer Experience Market by Country, 2024 - 2031, USD Million
- TABLE 38 North America Security & Monitoring Market by Country, 2020 - 2023, USD Million
- TABLE 39 North America Security & Monitoring Market by Country, 2024 - 2031, USD Million
- TABLE 40 North America Other Application Market by Country, 2020 - 2023, USD Million
- TABLE 41 North America Other Application Market by Country, 2024 - 2031, USD Million
- TABLE 42 North America Embedded Analytics in IOT Devices Market by Vertical, 2020 - 2023, USD Million
- TABLE 43 North America Embedded Analytics in IOT Devices Market by Vertical, 2024 - 2031, USD Million
- TABLE 44 North America Manufacturing Market by Country, 2020 - 2023, USD Million
- TABLE 45 North America Manufacturing Market by Country, 2024 - 2031, USD Million
- TABLE 46 North America Healthcare Market by Country, 2020 - 2023, USD Million
- TABLE 47 North America Healthcare Market by Country, 2024 - 2031, USD Million
- TABLE 48 North America Transportation & Logistics Market by Country, 2020 - 2023, USD Million
- TABLE 49 North America Transportation & Logistics Market by Country, 2024 - 2031, USD Million
- TABLE 50 North America Energy & Utilities Market by Country, 2020 - 2023, USD Million
- TABLE 51 North America Energy & Utilities Market by Country, 2024 - 2031, USD Million
- TABLE 52 North America Retail Market by Country, 2020 - 2023, USD Million
- TABLE 53 North America Retail Market by Country, 2024 - 2031, USD Million
- TABLE 54 North America Other Vertical Market by Country, 2020 - 2023, USD Million
- TABLE 55 North America Other Vertical Market by Country, 2024 - 2031, USD Million
- TABLE 56 North America Embedded Analytics in IOT Devices Market by Country, 2020 - 2023, USD Million
- TABLE 57 North America Embedded Analytics in IOT Devices Market by Country, 2024 - 2031, USD Million
- TABLE 58 US Embedded Analytics in IOT Devices Market, 2020 - 2023, USD Million
- TABLE 59 US Embedded Analytics in IOT Devices Market, 2024 - 2031, USD Million
- TABLE 60 US Embedded Analytics in IOT Devices Market by Organization Size, 2020 - 2023, USD Million
- TABLE 61 US Embedded Analytics in IOT Devices Market by Organization Size, 2024 - 2031, USD Million
- TABLE 62 US Embedded Analytics in IOT Devices Market by Component, 2020 - 2023, USD Million
- TABLE 63 US Embedded Analytics in IOT Devices Market by Component, 2024 - 2031, USD Million
- TABLE 64 US Embedded Analytics in IOT Devices Market by Deployment Type, 2020 - 2023, USD Million
- TABLE 65 US Embedded Analytics in IOT Devices Market by Deployment Type, 2024 - 2031, USD Million
- TABLE 66 US Embedded Analytics in IOT Devices Market by Application, 2020 - 2023, USD Million
- TABLE 67 US Embedded Analytics in IOT Devices Market by Application, 2024 - 2031, USD Million
- TABLE 68 US Embedded Analytics in IOT Devices Market by Vertical, 2020 - 2023, USD Million
- TABLE 69 US Embedded Analytics in IOT Devices Market by Vertical, 2024 - 2031, USD Million
- TABLE 70 Canada Embedded Analytics in IOT Devices Market, 2020 - 2023, USD Million
- TABLE 71 Canada Embedded Analytics in IOT Devices Market, 2024 - 2031, USD Million
- TABLE 72 Canada Embedded Analytics in IOT Devices Market by Organization Size, 2020 - 2023, USD Million
- TABLE 73 Canada Embedded Analytics in IOT Devices Market by Organization Size, 2024 - 2031, USD Million
- TABLE 74 Canada Embedded Analytics in IOT Devices Market by Component, 2020 - 2023, USD Million
- TABLE 75 Canada Embedded Analytics in IOT Devices Market by Component, 2024 - 2031, USD Million
- TABLE 76 Canada Embedded Analytics in IOT Devices Market by Deployment Type, 2020 - 2023, USD Million
- TABLE 77 Canada Embedded Analytics in IOT Devices Market by Deployment Type, 2024 - 2031, USD Million
- TABLE 78 Canada Embedded Analytics in IOT Devices Market by Application, 2020 - 2023, USD Million
- TABLE 79 Canada Embedded Analytics in IOT Devices Market by Application, 2024 - 2031, USD Million
- TABLE 80 Canada Embedded Analytics in IOT Devices Market by Vertical, 2020 - 2023, USD Million
- TABLE 81 Canada Embedded Analytics in IOT Devices Market by Vertical, 2024 - 2031, USD Million
- TABLE 82 Mexico Embedded Analytics in IOT Devices Market, 2020 - 2023, USD Million
- TABLE 83 Mexico Embedded Analytics in IOT Devices Market, 2024 - 2031, USD Million
- TABLE 84 Mexico Embedded Analytics in IOT Devices Market by Organization Size, 2020 - 2023, USD Million
- TABLE 85 Mexico Embedded Analytics in IOT Devices Market by Organization Size, 2024 - 2031, USD Million
- TABLE 86 Mexico Embedded Analytics in IOT Devices Market by Component, 2020 - 2023, USD Million
- TABLE 87 Mexico Embedded Analytics in IOT Devices Market by Component, 2024 - 2031, USD Million
- TABLE 88 Mexico Embedded Analytics in IOT Devices Market by Deployment Type, 2020 - 2023, USD Million
- TABLE 89 Mexico Embedded Analytics in IOT Devices Market by Deployment Type, 2024 - 2031, USD Million
- TABLE 90 Mexico Embedded Analytics in IOT Devices Market by Application, 2020 - 2023, USD Million
- TABLE 91 Mexico Embedded Analytics in IOT Devices Market by Application, 2024 - 2031, USD Million
- TABLE 92 Mexico Embedded Analytics in IOT Devices Market by Vertical, 2020 - 2023, USD Million
- TABLE 93 Mexico Embedded Analytics in IOT Devices Market by Vertical, 2024 - 2031, USD Million
- TABLE 94 Rest of North America Embedded Analytics in IOT Devices Market, 2020 - 2023, USD Million
- TABLE 95 Rest of North America Embedded Analytics in IOT Devices Market, 2024 - 2031, USD Million
- TABLE 96 Rest of North America Embedded Analytics in IOT Devices Market by Organization Size, 2020 - 2023, USD Million
- TABLE 97 Rest of North America Embedded Analytics in IOT Devices Market by Organization Size, 2024 - 2031, USD Million
- TABLE 98 Rest of North America Embedded Analytics in IOT Devices Market by Component, 2020 - 2023, USD Million
- TABLE 99 Rest of North America Embedded Analytics in IOT Devices Market by Component, 2024 - 2031, USD Million
- TABLE 100 Rest of North America Embedded Analytics in IOT Devices Market by Deployment Type, 2020 - 2023, USD Million
- TABLE 101 Rest of North America Embedded Analytics in IOT Devices Market by Deployment Type, 2024 - 2031, USD Million
- TABLE 102 Rest of North America Embedded Analytics in IOT Devices Market by Application, 2020 - 2023, USD Million
- TABLE 103 Rest of North America Embedded Analytics in IOT Devices Market by Application, 2024 - 2031, USD Million
- TABLE 104 Rest of North America Embedded Analytics in IOT Devices Market by Vertical, 2020 - 2023, USD Million
- TABLE 105 Rest of North America Embedded Analytics in IOT Devices Market by Vertical, 2024 - 2031, USD Million
- TABLE 106 Key Information - IBM Corporation
- TABLE 107 Key Information - Microsoft Corporation
- TABLE 108 Key Information - SAP SE
- TABLE 109 Key Information - Oracle Corporation
- TABLE 110 Key Information - Cisco Systems, Inc.
- TABLE 111 Key Information - Amazon Web Services, Inc.
- TABLE 112 key Information - PTC, Inc.
- TABLE 113 Key Information - Siemens AG
- TABLE 114 Key Information - Honeywell International, Inc.
- TABLE 115 Key Information - Fujitsu Limited
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