The North America IoT Telecom Services Market would witness market growth of 30.3% CAGR during the forecast period (2022-2028).
The tendency of the telecom industry to integrate IoT enables the development of services with superior connectivity. In the telecom industry, IoT is revealing a variety of distinct and lucrative revenue-generation opportunities. Because of the emergence of IoT, telecommunications companies play a significant role in the rapidly growing market for smart homes and buildings.
Telecom companies can offer the bandwidth as well as network resources that connect security components (such as locks, cameras, alarms, and appliances), utilities (such as heating and cooling), and appliances in order to position themselves as third-party resellers of specialized consumer apps and services for this industry (like locks, cameras, and alarms).
Offering customized solutions becomes a way for CSPs to profit from the Internet of Things. These companies are capable of interconnecting every component of a complex manufacturing environment. This may include flow meters or temperature sensors, which offer greater production efficiency, complete supply chain visibility, as well as cost savings.
Technological advances in cameras, sensors, and robotics in the region have enabled improvements in security systems. Homes, businesses, and public spaces are now better protected as a result. Ultra-high resolution cameras with AI built-in are becoming more and more common on sensors. They no longer only respond to motion-based activities. These security systems can recognize people by their faces, whether they are inside a house or an office. If an image that was taken resembled a prospective intruder, the warning system might be activated (unfamiliar face). Additionally, the North American region is soon likely to have faster-than-average growth in the industry of investigation and security services.
The US market dominated the North America IoT Telecom Services Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $25,437.8 Million by 2028. The Canada market is poised to grow at a CAGR of 33.3% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 32.1% during (2022 - 2028).
Based on Network Management Solution, the market is segmented into Network Performance Monitoring & Optimization, Network Security Management, and Network Traffic Management. Based on Type, the market is segmented into Business Consulting Services, Installation & Integration Services, Devices & Application Management Solution, IoT billing & subscription management, and M2M Billing Management. Based on Connectivity, the market is segmented into Cellular Technology, RF-Based, NB-IoT, and LPWAN. Based on Application, the market is segmented into Smart Building & Home Automation, Vehicle Telematics, Smart Healthcare, Energy & Utilities, Industrial Manufacturing & Automation, and Capillary Network Management. 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 Orange S.A., Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), AT&T, Inc., Vodafone Group Plc, MediaTek, Inc., Sequans Communications S.A., China Mobile Limited, Telstra Corporation Limited, Sierra Wireless, Inc. (Semtech Corporation), and Ericsson AB.
The tendency of the telecom industry to integrate IoT enables the development of services with superior connectivity. In the telecom industry, IoT is revealing a variety of distinct and lucrative revenue-generation opportunities. Because of the emergence of IoT, telecommunications companies play a significant role in the rapidly growing market for smart homes and buildings.
Telecom companies can offer the bandwidth as well as network resources that connect security components (such as locks, cameras, alarms, and appliances), utilities (such as heating and cooling), and appliances in order to position themselves as third-party resellers of specialized consumer apps and services for this industry (like locks, cameras, and alarms).
Offering customized solutions becomes a way for CSPs to profit from the Internet of Things. These companies are capable of interconnecting every component of a complex manufacturing environment. This may include flow meters or temperature sensors, which offer greater production efficiency, complete supply chain visibility, as well as cost savings.
Technological advances in cameras, sensors, and robotics in the region have enabled improvements in security systems. Homes, businesses, and public spaces are now better protected as a result. Ultra-high resolution cameras with AI built-in are becoming more and more common on sensors. They no longer only respond to motion-based activities. These security systems can recognize people by their faces, whether they are inside a house or an office. If an image that was taken resembled a prospective intruder, the warning system might be activated (unfamiliar face). Additionally, the North American region is soon likely to have faster-than-average growth in the industry of investigation and security services.
The US market dominated the North America IoT Telecom Services Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $25,437.8 Million by 2028. The Canada market is poised to grow at a CAGR of 33.3% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 32.1% during (2022 - 2028).
Based on Network Management Solution, the market is segmented into Network Performance Monitoring & Optimization, Network Security Management, and Network Traffic Management. Based on Type, the market is segmented into Business Consulting Services, Installation & Integration Services, Devices & Application Management Solution, IoT billing & subscription management, and M2M Billing Management. Based on Connectivity, the market is segmented into Cellular Technology, RF-Based, NB-IoT, and LPWAN. Based on Application, the market is segmented into Smart Building & Home Automation, Vehicle Telematics, Smart Healthcare, Energy & Utilities, Industrial Manufacturing & Automation, and Capillary Network Management. 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 Orange S.A., Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), AT&T, Inc., Vodafone Group Plc, MediaTek, Inc., Sequans Communications S.A., China Mobile Limited, Telstra Corporation Limited, Sierra Wireless, Inc. (Semtech Corporation), and Ericsson AB.
Scope of the Study
Market Segments Covered in the Report:
By Network Management Solution
- Network Performance Monitoring & Optimization
- Network Security Management
- Network Traffic Management
By Type
- Business Consulting Servicesh
- Installation & Integration Services
- Devices & Application Management Solution
- IoT billing & subscription management
- M2M Billing Management
By Connectivity
- Cellular Technology
- RF-Based
- NB-IoT
- LPWAN
By Application
- Smart Building & Home Automation
- Vehicle Telematics
- Smart Healthcare
- Energy & Utilities
- Industrial Manufacturing & Automation
- Capillary Network Management
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Orange S.A
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- AT&T, Inc
- Vodafone Group Plc
- MediaTek, Inc
- Sequans Communications S.A
- China Mobile Limited
- Telstra Corporation Limited
- Sierra Wireless, Inc. (Semtech Corporation)
- Ericsson AB
Unique Offerings
- 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 & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America IoT Telecom Services Market, by Network Management Solution
1.4.2 North America IoT Telecom Services Market, by Type
1.4.3 North America IoT Telecom Services Market, by Connectivity
1.4.4 North America IoT Telecom Services Market, by Application
1.4.5 North America IoT Telecom Services Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & 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 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2018, Jan - 2022, Jun) Leading Players
Chapter 4. North America IoT Telecom Services Market by Network Management Solution
4.1 North America Network Performance Monitoring & Optimization Market by Country
4.2 North America Network Security Management Market by Country
4.3 North America Network Traffic Management Market by Country
Chapter 5. North America IoT Telecom Services Market by Type
5.1 North America Business Consulting Services Market by Country
5.2 North America Installation & Integration Services Market by Country
5.3 North America Devices & Application Management Solution Market by Country
5.4 North America IoT billing & subscription management Market by Country
5.5 North America M2M Billing Management Market by Country
Chapter 6. North America IoT Telecom Services Market by Connectivity
6.1 North America Cellular Technology Market by Country
6.2 North America RF-Based Market by Country
6.3 North America NB-IoT Market by Country
6.4 North America LPWAN Market by Country
Chapter 7. North America IoT Telecom Services Market by Application
7.1 North America Smart Building & Home Automation Market by Country
7.2 North America Vehicle Telematics Market by Country
7.3 North America Smart Healthcare Market by Country
7.4 North America Energy & Utilities Market by Country
7.5 North America Industrial Manufacturing & Automation Market by Country
7.6 North America Capillary Network Management Market by Country
Chapter 8. North America IoT Telecom Services Market by Country
8.1 US IoT Telecom Services Market
8.1.1 US IoT Telecom Services Market by Network Management Solution
8.1.2 US IoT Telecom Services Market by Type
8.1.3 US IoT Telecom Services Market by Connectivity
8.1.4 US IoT Telecom Services Market by Application
8.2 Canada IoT Telecom Services Market
8.2.1 Canada IoT Telecom Services Market by Network Management Solution
8.2.2 Canada IoT Telecom Services Market by Type
8.2.3 Canada IoT Telecom Services Market by Connectivity
8.2.4 Canada IoT Telecom Services Market by Application
8.3 Mexico IoT Telecom Services Market
8.3.1 Mexico IoT Telecom Services Market by Network Management Solution
8.3.2 Mexico IoT Telecom Services Market by Type
8.3.3 Mexico IoT Telecom Services Market by Connectivity
8.3.4 Mexico IoT Telecom Services Market by Application
8.4 Rest of North America IoT Telecom Services Market
8.4.1 Rest of North America IoT Telecom Services Market by Network Management Solution
8.4.2 Rest of North America IoT Telecom Services Market by Type
8.4.3 Rest of North America IoT Telecom Services Market by Connectivity
8.4.4 Rest of North America IoT Telecom Services Market by Application
Chapter 9. Company Profiles
9.1 Orange S.A.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental Analysis
9.1.4 Recent strategies and developments:
9.1.4.1 Acquisition and Mergers:
9.1.5 SWOT Analysis
9.2 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.3 AT&T, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.4 Vodafone Group Plc
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental Analysis
9.4.4 Recent strategies and developments:
9.4.4.1 Acquisition and Mergers:
9.5 MediaTek, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Product Launches and Product Expansions:
9.6 Sequans Communications S.A.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.7 China Mobile Limited
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Research & Development Expenses
9.7.4 Recent strategies and developments:
9.7.4.1 Partnerships, Collaborations, and Agreements:
9.8 Telstra Corporation Limited
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Recent strategies and developments:
9.8.4.1 Partnerships, Collaborations, and Agreements:
9.8.4.2 Acquisition and Mergers:
9.9 Sierra Wireless, Inc. (Semtech Corporation)
9.9.1 Company overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Recent strategies and developments:
9.9.4.1 Partnerships, Collaborations, and Agreements:
9.9.4.2 Product Launches and Product Expansions:
9.10. Ericsson AB
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
9.10.5 Recent strategies and developments:
9.10.5.1 Product Launches and Product Expansions:
9.10.5.2 Acquisition and Mergers:
Companies Mentioned
- Orange S.A.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- AT&T, Inc.
- Vodafone Group Plc
- MediaTek, Inc.
- Sequans Communications S.A.
- China Mobile Limited
- Telstra Corporation Limited
- Sierra Wireless, Inc. (Semtech Corporation)
- Ericsson AB
Methodology
LOADING...
