North America Military IoT Market Forecast (2018-2024)

Year UNITED STATES CANADA
2018 $ 2043.2 $ 944.3
2019 $ 2272.3 $ 1039.9
2020 $ 2526.9 $ 1144.9
2021 $ 2809.9 $ 1260.5
2022 $ 3124.3 $ 1387.6
2023 $ 3473.6 $ 1527.4
2024 $ 3861.8 $ 1681.2
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North America Military IoT Market Forecast (2018-2024)

Synopsis
The above chart is Global Military IoT market [2018-2024] by North America

Market Dynamics

United states accounted for the larger market share in 2018 in the north america military iot market, and is expected to reach usd 3861.80 million in 2024 from usd 2043.20 million in 2018.this market is projected to grow at a cagr of 11.19% during the forecast period from 2019 - 2024. hardware segment accounted for the largest market share in 2018, this market is expected to reach usd 2156.20 million in 2024 from usd 1255.30 million in 2018. this market is projected to grow at a cagr of 9.43% during the forecast period from 2019 - 2024. however, software segment is the fastest growing market, which is expected to grow at a cagr of 12.06% during the forecast period 2019 - 2024. real time fleet management segment accounted for the largest market share in 2018, this market is expected to reach usd 1211.10 million in 2024 from usd 695.80 million in 2018. this market is projected to grow at a cagr of 9.67% during the forecast period from 2019 - 2024. however, training and simulation segment is the fastest growing market, which is expected to grow at a cagr of 12.18% during the forecast period 2019 - 2024. wi fi segment accounted for the largest market share in 2018, this market is expected to reach usd 3048.70 million in 2024 from usd 1566.00 million in 2018. this market is projected to grow at a cagr of 11.74% during the forecast period from 2019 - 2024. however, wi fi segment is the fastest growing market, which is expected to grow at a cagr of 11.74% during the forecast period 2019 - 2024.

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