North America Consumer Internet of Things (CIoT) Market 2022-2031 by Offering (Hardware, Solutions, Services), Connectivity (Wired, Wireless), Application (Home Automation, Consumer Wearables, Consumer Electronics, Healthcare, Automotive), and Country: Trend Forecast and Growth Opportunity
- Report ID: 43079
- Date: Aug, 2022
- Pages: 94
- Category: ICT & Media
North America consumer internet of things (CIoT) market is projected to grow by 15.7% annually in the forecast period and reach $111,114.2 million by 2031, driven by the increasing in efficiency of CIoT products and services, rising internet penetration, increasing disposable income, surging consumer preference for convenience and better lifestyle, increasing adoption of smart and multimedia devices, and the growing government regulations for the security of IoT devices.
Highlighted with 24 tables and 43 figures, this 94-page report “North America Consumer Internet of Things (CIoT) Market 2022-2031 by Offering (Hardware, Solutions, Services), Connectivity (Wired, Wireless), Application (Home Automation, Consumer Wearables, Consumer Electronics, Healthcare, Automotive), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America consumer internet of things (CIoT) market and all its sub-segments through extensively detailed classifications.
Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2022 and provides forecast from 2022 till 2031 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America consumer internet of things (CIoT) market in every aspect of the classification from perspectives of Offering, Connectivity, Application, and Country.
Based on Offering, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2031 included in each section.
• Hardware
o Network Infrastructure (Server, Storage, Gateway, Ethernet Switch and Routing)
o Node Components (Processors, Sensors, Connectivity IC, Memory Devices, Logic Devices)
• Solutions
o Software
o Platform
• Services
o Professional Services
o Managed Services
Based on Connectivity, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2031 included in each section.
• Wired CIoT
• Wireless CioT
By Application, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2031 included in each section.
• Home Automation
• Consumer Wearables
• Consumer Electronics
• Healthcare
• Automotive
Geographically, the following national/local markets are fully investigated:
• U.S.
• Canada
• Mexico
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2031. The breakdown of national markets by Offering, Connectivity and Application over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Amazon.com Inc.
Apple Inc.
Cisco Systems, Inc.
General Electric (GE) Co.
Google
Hewlett Packard Enterprise Development LP
Honeywell International Inc.
Intel Corporation
International Business Machines Corporation (IBM)
Microsoft Corporation
NXP Semiconductors N.V.
Qualcomm Technologies Inc.
STMicroelectronics
TE Connectivity Ltd.
Texas Instruments Incorporated
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 6
1.1 Industry Definition and Research Scope 6
1.1.1 Industry Definition 6
1.1.2 Research Scope 7
1.2 Research Methodology 10
1.2.1 Overview of Market Research Methodology 10
1.2.2 Market Assumption 11
1.2.3 Secondary Data 11
1.2.4 Primary Data 11
1.2.5 Data Filtration and Model Design 12
1.2.6 Market Size/Share Estimation 13
1.2.7 Research Limitations 14
1.3 Executive Summary 15
2 Market Overview and Dynamics 17
2.1 Market Size and Forecast 17
2.1.1 Impact of COVID-19 on World Economy 18
2.1.2 Impact of COVID-19 on the Market 20
2.2 Major Growth Drivers 22
2.3 Market Restraints and Challenges 29
2.4 Emerging Opportunities and Market Trends 32
2.5 Porter’s Fiver Forces Analysis 36
3 Segmentation of North America Market by Offering 40
3.1 Market Overview by Offering 40
3.2 Hardware 42
3.2.1 Network Infrastructure 43
3.2.2 Node Components 45
3.3 Solutions 47
3.3.1 Software 48
3.3.2 Platform 49
3.4 Services 50
3.4.1 Professional Services 51
3.4.2 Managed Services 52
4 Segmentation of North America Market by Connectivity 53
4.1 Market Overview by Connectivity 53
4.2 Wired CIoT 55
4.3 Wireless CIoT 56
5 Segmentation of North America Market by Application 57
5.1 Market Overview by Application 57
5.2 Home Automation 59
5.3 Consumer Wearables 60
5.4 Consumer Electronics 61
5.5 Healthcare 62
5.6 Automotive 63
6 North America Market 2021-2031 by Country 64
6.1 Overview of North America Market 64
6.2 U.S. 67
6.3 Canada 70
6.4 Mexico 72
7 Competitive Landscape 74
7.1 Overview of Key Vendors 74
7.2 New Product Launch, Partnership, Investment, and M&A 77
7.3 Company Profiles 78
Amazon.com Inc. 78
Apple Inc. 80
Cisco Systems, Inc. 81
General Electric (GE) Co. 82
Google 83
Hewlett Packard Enterprise Development LP 84
Honeywell International Inc. 85
Intel Corporation 86
International Business Machines Corporation (IBM) 87
Microsoft Corporation 88
NXP Semiconductors N.V. 89
Qualcomm Technologies Inc. 90
STMicroelectronics 91
TE Connectivity Ltd. 92
Texas Instruments Incorporated 93
RELATED REPORTS 94
List of Tables
Table 1. Snapshot of North America Consumer IoT Market in Balanced Perspective, 2021-2031 16
Table 2. World Economic Outlook, 2021-2031 19
Table 3. Main Product Trends and Market Opportunities in North America Consumer IoT Market 32
Table 4. North America Consumer IoT Market by Offering, 2021-2031, $ mn 40
Table 5. North America Consumer IoT Market: Hardware by Type, 2021-2031, $ mn 42
Table 6. North America Consumer IoT Market: Network Infrastructure by Type, 2021-2031, $ mn 44
Table 7. North America Consumer IoT Market: Node Components by Type, 2021-2031, $ mn 46
Table 8. North America Consumer IoT Market: Solutions by Type, 2021-2031, $ mn 47
Table 9. North America Consumer IoT Market: Services by Type, 2021-2031, $ mn 50
Table 10. North America Consumer IoT Market by Connectivity, 2021-2031, $ mn 53
Table 11. North America Consumer IoT Market by Application, 2021-2031, $ mn 57
Table 12. North America Consumer IoT Market by Country, 2021-2031, $ mn 65
Table 13. U.S. Consumer IoT Market by Offering, 2021-2031, $ mn 69
Table 14. U.S. Consumer IoT Market by Connectivity, 2021-2031, $ mn 69
Table 15. U.S. Consumer IoT Market by Application, 2021-2031, $ mn 69
Table 16. Canada Consumer IoT Market by Offering, 2021-2031, $ mn 71
Table 17. Canada Consumer IoT Market by Connectivity, 2021-2031, $ mn 71
Table 18. Canada Consumer IoT Market by Application, 2021-2031, $ mn 71
Table 19. Mexico Consumer IoT Market by Offering, 2021-2031, $ mn 73
Table 20. Mexico Consumer IoT Market by Connectivity, 2021-2031, $ mn 73
Table 21. Mexico Consumer IoT Market by Application, 2021-2031, $ mn 73
Table 22. Amazon.com Inc.: Company Snapshot 78
Table 23. Amazon.com Inc.: Business Segmentation 79
Table 24. Amazon.com Inc.: Product Portfolio 79
List of Figures
Figure 1. A Scheme of Consumer IoT 6
Figure 2. Research Method Flow Chart 10
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 13
Figure 4. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031 15
Figure 5. North America Consumer IoT Market, 2021-2031, $ mn 17
Figure 6. Impact of COVID-19 on Business 20
Figure 7. Primary Drivers and Impact Factors of North America Consumer IoT Market 22
Figure 8. GDP per capita in the World, 1990-2020, $ thousand 25
Figure 9. Forecast of Middle-class Population by Region, 2015-2030, million 26
Figure 10. World Electrical & Electronics Industry, 2019-2030, $ trillion 27
Figure 11. World Smart Cities IoT Market, 2019-2030, $ mn 27
Figure 12. World Smart Wearable Devices Market, 2019-2030, $ mn 28
Figure 13. Primary Restraints and Impact Factors of North America Consumer IoT Market 29
Figure 14. Investment Opportunity Analysis 33
Figure 15. Porter’s Fiver Forces Analysis of North America Consumer IoT Market 36
Figure 16. Breakdown of North America Consumer IoT Market by Offering, 2021-2031, % of Revenue 41
Figure 17. North America Addressable Market Cap in 2022-2031 by Offering, Value ($ mn) and Share (%) 41
Figure 18. North America Consumer IoT Market by Offering: Hardware, 2021-2031, $ mn 42
Figure 19. North America Consumer IoT Market by Hardware: Network Infrastructure, 2021-2031, $ mn 43
Figure 20. North America Consumer IoT Market by Hardware: Node Components, 2021-2031, $ mn 45
Figure 21. North America Consumer IoT Market by Offering: Solutions, 2021-2031, $ mn 47
Figure 22. North America Consumer IoT Market by Solutions: Software, 2021-2031, $ mn 48
Figure 23. North America Consumer IoT Market by Solutions: Platform, 2021-2031, $ mn 49
Figure 24. North America Consumer IoT Market by Offering: Services, 2021-2031, $ mn 50
Figure 25. North America Consumer IoT Market by Services: Professional Services, 2021-2031, $ mn 51
Figure 26. North America Consumer IoT Market by Services: Managed Services, 2021-2031, $ mn 52
Figure 27. Breakdown of North America Consumer IoT Market by Connectivity, 2021-2031, % of Sales Revenue 54
Figure 28. North America Addressable Market Cap in 2022-2031 by Connectivity, Value ($ mn) and Share (%) 54
Figure 29. North America Consumer IoT Market by Connectivity: Wired CIoT, 2021-2031, $ mn 55
Figure 30. North America Consumer IoT Market by Connectivity: Wireless CIoT, 2021-2031, $ mn 56
Figure 31. Breakdown of North America Consumer IoT Market by Application, 2021-2031, % of Sales Revenue 58
Figure 32. North America Addressable Market Cap in 2022-2031 by Application, Value ($ mn) and Share (%) 58
Figure 33. North America Consumer IoT Market by Application: Home Automation, 2021-2031, $ mn 59
Figure 34. North America Consumer IoT Market by Application: Consumer Wearables, 2021-2031, $ mn 60
Figure 35. North America Consumer IoT Market by Application: Consumer Electronics, 2021-2031, $ mn 61
Figure 36. North America Consumer IoT Market by Application: Healthcare, 2021-2031, $ mn 62
Figure 37. North America Consumer IoT Market by Application: Automotive, 2021-2031, $ mn 63
Figure 38. Breakdown of North America Consumer IoT Market by Country, 2021 and 2031, % of Revenue 65
Figure 39. Contribution to North America 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 66
Figure 40. U.S. Consumer IoT Market, 2021-2031, $ mn 68
Figure 41. Canada Consumer IoT Market, 2021-2031, $ mn 70
Figure 42. Consumer IoT Market in Mexico, 2021-2031, $ mn 72
Figure 43. Growth Stage of North America Consumer IoT Industry over the Forecast Period 74
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
Primary Research:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
Secondary Research:
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
Qualitative Research:
It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
Quantitative Research:
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
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