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


North America IoT in Aerospace Defence Market Insights

  • According to Reed Intelligence analysis, the North America IoT in Aerospace Defence Market size stood at USD 4186.59 Million in 2024 and is forecasted to reach USD 11468.36 Million by 2033.
  • The market is projected to grow at a CAGR of 11.72% between 2025 and 2033.
  • By segment, Fleet Management was the leading Application in terms of market size in 2024.
  • Fleet Management is expected to be the most lucrative Application segment, exhibiting the fastest growth throughout the forecast period.

Other Key Findings


  • North America held 30.47% share of the global IoT in Aerospace Defence Market size in 2024.
  • United States is expected to remain the largest contributor to the global market size by 2033.
  • By 2033, United States is anticipated to record the highest growth in North America, with the market size expected to reach USD 8268.51 Million.

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 4186.59 Million
Market Size In 2033 USD 11468.36 Million
Largest segment Fleet Management
Units Revenue in USD Million
CAGR 11.72% (2025-2033)
Segmnetation Covered
North America
  1. United States
  2. Canada
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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