North America Industrial Internet Of Things Market Size & Outlook
The industrial internet of things market in North America is expected to reach a projected revenue of US$ 151,313.1 million by 2033. A compound annual growth rate of 12% is expected of North America industrial internet of things market from 2026 to 2033.
Revenue, 2025 (US$M)
$62,069.3
Estimate, 2026 (US$M)
$68,305.2
Forecast, 2033 (US$M)
$151,313.1
CAGR, 2026 - 2033
12.0%
Global Market
Related Markets
North America industrial internet of things market highlights
- The North America industrial internet of things market generated a revenue of USD 62,069.3 million in 2025.
- The market is expected to grow at a CAGR of 12% from 2026 to 2033.
- In terms of segment, solution was the largest revenue generating component in 2025.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2026 to 2033.
North America data book summary
| Market revenue in 2025 | USD 62,069.3 million |
| Market revenue in 2033 | USD 151,313.1 million |
| Growth rate | 12% (CAGR from 2026 to 2033) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services, Platform |
| Key market players worldwide | ABB Ltd, ARM Holdings PLC ADR, Microchip Technology Inc, Cisco Systems Inc, GE Aerospace, Honeywell International Inc, Intel Corp, International Business Machines Corp, Microsoft Corp, Rockwell Automation Inc, Schneider Electric SE, Siemens AG |
Other key industry trends
- In terms of revenue, North America region accounted for 30.4% of the global industrial internet of things market in 2025.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 186,096.5 million by 2033.
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Publish Date: Jun 24, 2026
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Industrial Internet Of Things Market Scope
Industrial Internet Of Things Market segmentation & scope
Others
Industrial Internet Of Things Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Schneider Electric SE | View profile | 162,339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | www.se.com |
| Intel Corp | View profile | 124,800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | www.intel.com |
| International Business Machines Corp | View profile | 282,200 | One New Orchard Road, Armonk, NY, United States, 10504 | www.ibm.com |
| Microsoft Corp | View profile | 221,000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | www.microsoft.com |
| ABB Ltd | View profile | 108,700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | www.abb.com |
| Siemens AG | View profile | 321,000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | www.siemens.com |
| GE Aerospace | View profile | 125,000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | www.geaerospace.com |
| Rockwell Automation Inc | View profile | 29,000 | 1201 South Second Street, Milwaukee, WI, United States, 53204 | www.rockwellautomation.com |
| Honeywell International Inc | View profile | 95,000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | www.honeywell.com |
| ARM Holdings PLC ADR | View profile | 7,096 | 110 Fulbourn Road, Cambridge, United Kingdom, CB1 9NJ | www.arm.com |
North America Industrial Internet Of Things Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Industrial Internet Of Things Market Outlook will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 56.52% in 2025.
Horizon Databook has segmented the North America industrial internet of things market based on solution, services, platform covering the revenue growth of each sub-segment from 2021 to 2033.
- North America Industrial Internet Of Things Market Component Outlook (Revenue, USD Million , 2021-2033)
- Solution
- Services
- Platform
- North America Industrial Internet Of Things Market End Use Outlook (Revenue, USD Million , 2021-2033)
- Metal & Mining
- Chemical
- Manufacturing
- Energy & Power
- Oil & Gas
- Healthcare
- Logistics & Transport
- Agriculture
- Others
- North America Industrial Internet Of Things Market Deployment Outlook (Revenue, USD Million , 2021-2033)
- On-premise
- Cloud
- North America Industrial Internet Of Things Market Connectivity Outlook (Revenue, USD Million , 2021-2033)
- Wired
- Wireless
- North America Industrial Internet Of Things Market Application Outlook (Revenue, USD Million , 2021-2033)
- Predictive Maintenance
- Asset Tracking & Management
- Remote Monitoring
- Process Optimization
- Safety & Security
- Supply Chain Management
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America Industrial Internet Of Things Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Industrial Internet Of Things Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
North America Industrial Internet Of Things Market, 2021-2033 (US$M)
North America Component - Industrial Internet Of Things Market Statistics, 2025 - 2033 (US$M)
