The North America IoT in industrial automation market is projected to grow from USD 15.4 billion in 2023 to USD 30.8 billion by 2028, at a CAGR of 12.1% during the forecast period.
The U.S. dominated the North America industrial automation market in 2023, accounting for over 70% of the regional revenue, owing to the presence of a large number of manufacturing facilities and the increasing adoption of IoT technologies.
This study examines the current state of IoT adoption in industrial automation across North America, highlighting trends, challenges, and opportunities for growth, with a focus on the U.S., Canada, and Mexico.
The North America industrial automation market size is expected to reach USD 53.9 billion by 2025, growing at a CAGR of 8.5% during the forecast period, driven by the increasing demand for industrial automation solutions in the U.S., Canada, and Mexico.
In 2023, the U.S. industrial automation market was valued at approximately USD 24.6 billion, followed by Canada with a market size of around USD 4.3 billion, and Mexico with a market size of around USD 2.5 billion.
The North America IoT in industrial automation market is anticipated to witness significant growth during the forecast period, driven by the increasing adoption of IoT technologies, such as predictive maintenance, quality control, and supply chain management.
This guide provides an overview of industrial automation and IoT technologies, including their applications, benefits, and challenges, with a focus on the U.S. manufacturing sector, highlighting the importance of cybersecurity and standards.
This analysis provides a comprehensive overview of the North America industrial automation and IoT market, including market size, growth trends, and competitive landscape, with a focus on the role of emerging technologies, such as AI, robotics, and edge computing.