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Canada IoT in Aerospace Defence Market Size & Outlook, 2025-2033


Canada IoT in Aerospace Defence Market Insights

  • Reed Intelligence analysis indicates that the Canada IoT in Aerospace Defence Market size, valued at USD 1195.27 Million in 2024, is expected to expand to USD 3219.57 Million by 2033.
  • The Canada market is forecasted to expand at a CAGR of 11.48% spanning 2025–2033.
  • Fleet Management held the leading position among Application segments in 2024, based on market size.
  • Fleet Management is projected to post the fastest growth rate, sustaining its position as the most attractive Application segment during the forecast horizon.

Other Key Findings


  • In 2024, Canada represented 8.7% of the overall global IoT in Aerospace Defence Market size.
  • United States is projected to lead the global IoT in Aerospace Defence Market size by 2033.
  • Across North America, United States is anticipated to hold the dominant position in market size by 2033.
  • United States is forecasted to expand at the fastest pace in North America, attaining USD 8268.51 Million by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 1195.27 Million
Market Size In 2033 USD 3219.57 Million
Largest segment Fleet Management
Units Revenue in USD Million
CAGR 11.48% (2025-2033)
Segmnetation Covered
Application
  1. Fleet Management
  2. Aircraft Maintenance
  3. Surveillance and Security
  4. Cargo Tracking
  5. Predictive Maintenance
Component
  1. Hardware
  2. Software
  3. Services
  4. Connectivity
Deployment Type
  1. On-Premises
  2. Cloud
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

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