The North American IoT middleware market is projected to witness considerable growth during the forecast period. The region has well-developed ICT infrastructure and has witnessed a huge adoption of many connected devices. Presence of major players in North America, such as IBM Corp., Cisco Systems Inc., Oracle Corp., and Microsoft Corp., further gives a boost to the growth of the market in the region. Moreover, the high internet penetration is one of the factors that is augmenting market growth in North America. According to the ITU database in 2018, around 69.6 individuals using the internet per 100 inhabitants in North America. It encourages the adoption of connected devices in the region, which in turn, spur the growth of the market.

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The IoT middleware market is classified on the basis of platform and vertical. Based on platform, the market is segmented into device management, application management, and connectivity management. Based on vertical, the market is segregated into energy & utilities, manufacturing, automotive, retail, healthcare, and others. Manufacturing sector is one of the major end-users of IoT middleware. The IoT middleware for manufacturing market is estimated to project a considerable CAGR during the forecast period. Major applications of IoT in manufacturing further include connected factory and inventory management, which are expected to offer growth opportunity to the IoT middleware market during the forecast period.

Geographically, the North American IoT middleware market is segmented into US and Canada. The US dominates the North American IoT middleware market in 2019 and will maintain its dominance during the forecast period. The presence of some of the key players, such as Microsoft Corp. and IBM Corp., are augmenting the sales for IoT devices in the US, which in turn, is driving the North American IoT middleware market. In addition, Canada is expected to project a considerable growth during the forecast period. This growth is backed by the rising urbanization and smart connected technologies in the country.

The North America IoT middleware market is influenced by product development and advancements conducted by the market players. Some of the key players of the IoT middleware market include Cisco Systems, Inc., Microsoft Corp., Oracle Corp., IBM Corp., SAP SE, Google LLC, Schneider Electric SE, Siemens AG, and Amazon Web Services, Inc. These players are playing a significant role in the growth of the IoT middleware market by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, technological development, and others.

Research Methodology

The market study of the North American IoT middleware market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary Sources Include:

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report is intended for IoT companies, software vendors, IT companies, industry associates & experts, system integrators, end-user industry, government organizations, regulatory bodies, industry associates & experts, and other market participants for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.

Market Segmentation:

1. North America IoT Middleware Market Research and Analysis by Platform
2. North America IoT Middleware Market Research and Analysis by Vertical

The Report covers:

• Comprehensive research methodology of the North American IoT middleware market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the North American IoT middleware market.
• Insights about market determinants which are stimulating the North American market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.