Market Forecast by Countries (United States, Canada), By Software (CRM Software, Email Marketing Software, Social Media Advertising) And Competitive Landscape
Product Code: ETC4621163 | Publication Date: Jul 2023 | Updated Date: Mar 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | North America Digital Market |
Forecast period | 2025-2031 |
Market Size | USD 13.6 billion |
CAGR | 10.5% |
Growing Sector | Retail |
The North America Digital Market report thoroughly covers the market by Countries and Software. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
North America Digital Market was valued at USD 7.7 billion and is expected to reach USD 13.6 billion , growing at a CAGR of around 10.5% from 2025-2031. The North American digital market has experienced rapid growth in recent years and is expected to continue its expansion driven by several key factors. The adoption of advanced digital technologies such as cloud computing, the Internet of Things (IoT), artificial intelligence (AI), and automation is transforming businesses across industries. Companies in sectors like manufacturing, healthcare, retail, and financial services are increasingly investing in these technologies to improve operational efficiency, customer experience, and decision-making capabilities. As a result, industries are becoming more interconnected, data-driven, and automated. The U.S., in particular, is witnessing a significant rise in digital solutions, with cloud computing, IoT, and AI playing pivotal roles in reshaping business models.
In addition, government initiatives, such as those in the U.S. and Canada, are accelerating the digital transformation journey. The U.S. government’s ongoing investments in expanding high-speed internet and the Canadian government’s push to modernize IT infrastructure are supporting the shift toward digital solutions. These efforts are complemented by the growing focus on enhancing digital security and privacy measures to ensure the safe deployment of these technologies. As companies and governments alike continue to embrace digital transformation, North America is expected to remain a dominant player in the global digital market, with a significant market share and continuous growth in both public and private sector investments.
North America's digital market is projected to witness remarkable growth from 2025 to 2031, driven by the increasing use of the internet and smartphones, and advancements in technology like AI and IoT. The e-commerce industry has also played a significant role in driving growth, with consumers preferring online shopping over traditional methods. So, North America's digital market is expected to show continuous growth in the coming years.
According to 6Wresearch, the North America Digital Market size is expected to grow at a significant CAGR of 10.5% during 2025-2031. One of the major drivers of this growth is the increasing use of smartphones and other mobile devices. With more people accessing the internet through their phones, businesses have to adapt to meet consumer demands by providing mobile-friendly websites and apps. Additionally, there has been a surge in online shopping, leading to an increase in e-commerce platforms and services. This has provided consumers with more convenience and options. Moreover, companies such as Google, Amazon, and Apple have played a significant role in driving digital innovation and setting trends that have shaped the market.
However, along with these drivers come challenges that could potentially hinder further growth. One challenge is the issue of data privacy and security. With more personal information being shared online, there is a growing concern about protecting sensitive data from cyber threats. Another challenge is the increasing competition in the digital market. As more businesses enter the online space, there is a need for companies to constantly innovate and differentiate themselves to stay relevant and competitive.
North America is a highly competitive market for digital technology, with some of the world's largest players dominating the industry. Some of the leading companies in this market include Google, Amazon, Microsoft, and Facebook. These companies have a significant presence in the region and continue to innovate and expand their offerings to stay ahead in the rapidly evolving digital landscape. Other key players in the North American digital market include Apple, IBM, Intel, and Cisco Systems. These companies offer a wide range of products and services such as cloud computing, artificial intelligence, big data analytics, and social media platforms, catering to both consumer and business needs.
The North American digital industry is subject to various government initiatives aimed at promoting innovation, competitiveness, and growth. In the United States, the government has launched several programs such as the National Broadband Plan and Digital Economy Strategy with a focus on expanding internet access and increasing digital literacy. Canada also has similar initiatives in place, with the Canadian Digital Charter aiming to protect citizens' privacy and promote trust in the digital world. These government initiatives play a crucial role in shaping the industry by providing support for research and development, promoting education and skills training, and fostering a favourable environment for digital businesses to thrive.
The North American digital market is expected to continue its rapid growth in the coming years, driven by advancements in technology and increasing demand for digitalization across various industries. With the rise of IoT, cloud computing, and artificial intelligence, the market is estimated to reach new heights. The shift towards remote work has also accelerated the adoption of digital technologies, further boosting market growth. Additionally, emerging trends such as virtual and augmented reality are expected to shape the future of the digital industry in North America.
According to Ravi Bhandari, Research Head, 6Wresearch, the CRM (Customer Relationship Management) software is experiencing rapid growth in the market. This can be attributed to its ability to streamline customer interactions and improve sales and marketing processes.
The report provides a detailed analysis of the following market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Digital Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Digital Market Revenues & Volume, 2021 & 2031F |
3.3 North America Digital Market - Industry Life Cycle |
3.4 North America Digital Market - Porter's Five Forces |
3.5 North America Digital Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Digital Market Revenues & Volume Share, By Software , 2021 & 2031F |
4 North America Digital Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Digital Market Trends |
6 North America Digital Market, 2021 - 2031 |
6.1 North America Digital Market, Revenues & Volume, By Software , 2021 - 2031 |
7 United States Digital Market, 2021 - 2031 |
7.1 United States Digital Market, Revenues & Volume, By Software , 2021 - 2031 |
8 Canada Digital Market, 2021 - 2031 |
8.1 Canada Digital Market, Revenues & Volume, By Software , 2021 - 2031 |
9 North America Digital Market Key Performance Indicators |
10 North America Digital Market - Opportunity Assessment |
10.1 North America Digital Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America Digital Market Opportunity Assessment, By Software , 2021 & 2031F |
11 North America Digital Market - Competitive Landscape |
11.1 North America Digital Market Revenue Share, By Companies, 2024 |
11.2 North America Digital Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |