The North America Connected Enterprise Market is expected to witness market growth of 26.1% CAGR during the forecast period (2021-2027).
Connectivity has become one of the most crucial terms in providing collaboration opportunities in boosting enterprise flexibility. The future value of the organization depends on the value of customized experiences and oriented services, to develop delivery models and operating services. With the adoption of technologies like Augmented reality, Virtual reality, Industrial IoT, Drones, 5G, machine learning, Edge, and Fog Computing, companies can develop the connectivity issues for secured and better-personalized experiences.
It provides demanding opportunities for new functionalities, greater reliabilities, improved capabilities, and product utilization to enlarge the product boundaries. The rapid change in the services and solutions are modifying value chain activities to enable research in development to offer distinguished products. Companies are developing their models to enhance their operational access, smart manufacturing technologies, data exchange as digital solutions are interrupting the Industrial sector.
North America is known as the hub of technological upgradations. In 2019, Schneider Electric introduced a smart factory in the U.S to illustrate how its EcoStruxure architecture and its offering help to expand its operational efficiency and cost reduction for its consumers. The growing initiatives by the government and regulated authorities are encouraging various sectors to adopt the connected environment. In 2020, the US budget plan, Automation declared as a tool for agencies to explore and use to provide better services to the consumers.
The US market dominated the North America Connected Enterprise Market by Country in 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $330.5 billion by 2027. The Canada market is expected to witness a CAGR of 28.9% during (2021 - 2027). Additionally, The Mexico market is expected to experience a CAGR of 27.8% during (2021 - 2027).
Based on Component, the market is segmented into Solution and Services. Based on End User, the market is segmented into Manufacturing, BFSI, Healthcare, Retail & eCommerce, IT & Telecom, Energy & Utilities, and Others. Based on Type, the market is segmented into Manufacturing Execution System, Remote Monitoring System, Asset Performance Management, Customer Experience Management, Enterprise Infrastructure Management and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Rockwell Automation, Inc., Cisco Systems, Inc., Microsoft Corporation, IBM Corporation, Robert Bosch GmbH, Honeywell International, Inc., UiPath, Inc., Verizon Communications, Inc., General Electric (GE) Co., and Wipro Limited.
By Component
By End User
By Type
By Country: US, Canada, Mexico, and Rest of North America.
Connectivity has become one of the most crucial terms in providing collaboration opportunities in boosting enterprise flexibility. The future value of the organization depends on the value of customized experiences and oriented services, to develop delivery models and operating services. With the adoption of technologies like Augmented reality, Virtual reality, Industrial IoT, Drones, 5G, machine learning, Edge, and Fog Computing, companies can develop the connectivity issues for secured and better-personalized experiences.
It provides demanding opportunities for new functionalities, greater reliabilities, improved capabilities, and product utilization to enlarge the product boundaries. The rapid change in the services and solutions are modifying value chain activities to enable research in development to offer distinguished products. Companies are developing their models to enhance their operational access, smart manufacturing technologies, data exchange as digital solutions are interrupting the Industrial sector.
North America is known as the hub of technological upgradations. In 2019, Schneider Electric introduced a smart factory in the U.S to illustrate how its EcoStruxure architecture and its offering help to expand its operational efficiency and cost reduction for its consumers. The growing initiatives by the government and regulated authorities are encouraging various sectors to adopt the connected environment. In 2020, the US budget plan, Automation declared as a tool for agencies to explore and use to provide better services to the consumers.
The US market dominated the North America Connected Enterprise Market by Country in 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $330.5 billion by 2027. The Canada market is expected to witness a CAGR of 28.9% during (2021 - 2027). Additionally, The Mexico market is expected to experience a CAGR of 27.8% during (2021 - 2027).
Based on Component, the market is segmented into Solution and Services. Based on End User, the market is segmented into Manufacturing, BFSI, Healthcare, Retail & eCommerce, IT & Telecom, Energy & Utilities, and Others. Based on Type, the market is segmented into Manufacturing Execution System, Remote Monitoring System, Asset Performance Management, Customer Experience Management, Enterprise Infrastructure Management and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Rockwell Automation, Inc., Cisco Systems, Inc., Microsoft Corporation, IBM Corporation, Robert Bosch GmbH, Honeywell International, Inc., UiPath, Inc., Verizon Communications, Inc., General Electric (GE) Co., and Wipro Limited.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Solution and
- Services
By End User
- Manufacturing
- BFSI
- Healthcare
- Retail & eCommerce
- IT & Telecom
- Energy & Utilities, and
- Others
By Type
- Manufacturing Execution System
- Remote Monitoring System
- Asset Performance Management
- Customer Experience Management
- Enterprise Infrastructure Management and
- Others
By Country: US, Canada, Mexico, and Rest of North America.
Key Market Players
List of Companies Profiled in the Report:
- Rockwell Automation, Inc.
- Cisco Systems, Inc.
- Microsoft Corporation
- IBM Corporation
- Robert Bosch GmbH
- Honeywell International, Inc.
- UiPath, Inc.
- Verizon Communications, Inc.
- General Electric (GE) Co.
- Wipro Limited
Unique Offerings from the Publisher
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. North America Connected Enterprise Market by Component
Chapter 5. North America Connected Enterprise Market by End User
Chapter 6. North America Connected Enterprise Market by Type
Chapter 7. North America Connected Enterprise Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Rockwell Automation, Inc.
- Cisco Systems, Inc.
- Microsoft Corporation
- IBM Corporation
- Robert Bosch GmbH
- Honeywell International, Inc.
- UiPath, Inc.
- Verizon Communications, Inc.
- General Electric (GE) Co.
- Wipro Limited
Methodology
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