IoT Gateway Market Growth Trends With Detailed Forecast To 2023-2029


Posted September 26, 2023 by Karan-Maximize_123

The Internet of Things (IoT) is rapidly gaining traction in a variety of industries throughout the world. IoT gateways are necessary component for connecting existing and next-generation devices to the Internet of Things.
 
IoT Gateway Market was valued at US$ 1.49 Bn. in 2023 and is expected to reach US$ 3.65 Bn. by 2029, at a CAGR of 13.6% during a forecast period.

IoT Gateway Market Overview

The research released by Maximize Market Research assists clients in thoroughly comprehending the competitive environment, which serves as a roadmap for strategic planning. The overview of the IoT Gateway Market gives in-depth information on the industry's size, trade data, top players, and different Market indicators, including life cycle, trends, etc.



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IoT Gateway Market Report Scope and Research Methodology

The competitive environment for the IoT Gateway industry covers technological adoption, financial position, portfolio, merger and acquisition, joint ventures, and strategic alliances. The Market's drivers, restraints, opportunities, and challenges are all covered in-depth in the report. A bottom-up technique was adopted in the analysis to comprehend Market estimations and growth rates for IoT Gateway.

To comprehend the IoT Gateway Market penetration, pricing and demand analysis, and competitive landscape, geographical analysis of the IoT Gateway Market was undertaken at a local, regional, and worldwide level. In order to create Marketing strategies and make investments, the research gives fundamental data on the IoT Gateway Market, such as stakeholders, investors, and new entrants.

The IoT Gateway Market data was gathered using primary and secondary data methods. In addition to press headlines, annual reports and financial reports, white papers, etc., secondary data collection techniques include surveys, questionnaires, and telephone interviews with Market leaders and business owners. In the IoT Gateway Market, PORTER is used to assess the level of industry competition, while SWOT analysis is used to pinpoint the Market's risks and weaknesses.



IoT Gateway Market Regional Insights



North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa make up the majority of the regions in which the IoT Gateway Market is divided. The report's Regional Analysis aids in comprehending the IoT Gateway Markets in various nations. The research provides a thorough analysis of all the variables, including Market size, growth rate, and regional import and export.



IoT Gateway Market Dynamics:

The MMR report covers all the trends and technologies playing a major role in the growth of the IoT Gateway Market over the forecast period. It highlights the drivers, restraints, and opportunities expected to mpact the Market growth during 2023-2029.



IoT Gateway Market Segmentation:

1.Global IoT Gateway Market Analysis and Forecast, by Node

1. Introduction and Definition
2. Key Findings
3. Global IoT Gateway Market Value Share Analysis, by Node
4. Global IoT Gateway Market Size (US$ Bn) Forecast, by Node
5. Global IoT Gateway Market Analysis, by Node
6. Global IoT Gateway Market Attractiveness Analysis, by Node

2.Global IoT Gateway Market Analysis and Forecast, by Connectivity Technology

1. Introduction and Definition
2. Key Findings
3. Global IoT Gateway Market Value Share Analysis, by Connectivity Technology
4. Global IoT Gateway Market Size (US$ Bn) Forecast, by Connectivity Technology
5. Global IoT Gateway Market Analysis, by Connectivity Technology
6. Global IoT Gateway Market Attractiveness Analysis, by Connectivity Technology

The global IoT gateway market is further divided based on communication technology into Bluetooth, Wi-Fi, ZigBee, Ethernet, Z-Wave, and Others. Thanks to several high-end features like little battery usage, swift data transfer rates, and high-end encryption for device pairing, the Bluetooth segment accounted for 40.5% of revenue in 2022 and is predicted to rise at a CAGR of 18% throughout the projection period. The 2.402 GHz to 2.480 GHz frequency range, where Bluetooth-enabled IoT devices operate, is appropriate for short-range communications. Their high levels of data security and short-range connectivity will be advantageous to the building automation sector. In order to satisfy consumer demand, Bluetooth communication is anticipated to advance technologically with the introduction of improved capabilities and protocols.

3.Global IoT Gateway Market Analysis and Forecast, by Component

1. Introduction and Definition
2. Key Findings
3. Global IoT Gateway Market Value Share Analysis, by Component
4. Global IoT Gateway Market Size (US$ Bn) Forecast, by Component
5. Global IoT Gateway Market Analysis, by Component
6. Global IoT Gateway Market Attractiveness Analysis, by Component

The global IoT gateway market is divided into MCU, FPGA, Sensor, Memory, and Others on the basis of component. In 2023, the MCU section had the greatest share with 37.3%. because modular IoT gateway devices are increasingly using MCUs. Modular IoT gateway devices can connect to a number of platforms, such as Z-Wave, Wi-Fi, Ethernet, Bluetooth, and ZigBee, thanks to the MCU. It gives gateway devices the ability to support several protocols, enabling the simultaneous connection of different use cases. Market players are focusing on new product development to fulfill the industry's expanding demand.

4.Global IoT Gateway Market Analysis and Forecast, by Application

1. Introduction and Definition
2. Key Findings
3. Global IoT Gateway Market Value Share Analysis, by Application
4. Global IoT Gateway Market Size (US$ Bn) Forecast, by Application
5. Global IoT Gateway Market Analysis, by Application
6. Global IoT Gateway Market Attractiveness Analysis, by Application

The wearable devices, healthcare, automotive & transportation, building automation, industrial, consumer electronics, and others subsectors make up the worldwide IOT gateway market. The industrial segment of the IoT gateway devices market is predicted to represent 34% of revenue share by 2029 and is estimated to grow at a CAGR of 15% due to the increased utilization of IoT gateway devices across manufacturing and processing facilities. Throughout the predicted era. IoT gateway devices are used in manufacturing facilities to link various industrial sensors, HMIs, programmable controllers, and automation systems across a wireless network. By enhancing factory productivity and efficiency, these gateway devices raise the value of the industry.



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IoT Gateway Market Key Players

1.Intel Corporation
2.Mitsubishi Electric Co
3.NXP Semiconductors N.V.
4.Super Micro Computer
5.ARM Holdings
6.Huawei Investment
7.Texas Instruments
8.Cisco
9.Hewlett Packard
10.TE Connectivity Ltd.
11.STMicroelectronics
12.Advantech Co
13.Dell Inc.
14.Eurotech S.P.A
15.AAEON Technology
16.Adlink
17.NEXCOM International Co
18.Microchip Technology
19.Notion
20.Helium System
21.Samsara Networks
22.Estimote Inc
23.Beep Inc.





Key questions answered in the IoT Gateway Market are:

Which are the factors expected to drive the IoT Gateway Market growth?

What are the factors restraining the growth of the IoT Gateway Market?

What is the demand pattern of the IoT Gateway Market?

What major challenges could the IoT Gateway Market face in the future?



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Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)

Past Pricing and price curve by region (2018 to 2022)

Market Size, Share, Size & Forecast by different segment | 2023−2029

Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region

Market Segmentation – A detailed analysis by segment with their sub-segments and Region

Competitive Landscape – Profiles of selected key players by region from a strategic perspective

Competitive landscape – Market Leaders, Market Followers, Regional player

Competitive benchmarking of key players by region

PESTLE Analysis

PORTER’s analysis

Value chain and supply chain analysis

Legal Aspects of Business by Region

Lucrative business opportunities with SWOT analysis

Recommendations

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Issued By Karan
Country India
Categories Research , Technology
Tags iot gateway market , cloud billing market size
Last Updated September 26, 2023