IoT Gateway Market Trends and Forecast to 2029 – Industry Analysis by Geographical Regions, Type and Application

This market report provides an exemplary window on the industry explaining the market definition, classifications, applications, commitments, and market trends. The report also recognizes and analyzes emerging trends along with key market drivers, challenges, and opportunities. The report highlights the fluctuations in the value of the compound annual growth rate during the forecast period 2022-2029 for the market. The base year for the calculation in the report is taken as 2019 while the historical year is 2018 which will show how the market will behave in the forecast years by providing information about different market insights.

Regional IoT Gateway Market, which has also been segmented on a country level to give a detailed view of the organizations. An unusual position is assigned to the primary participants in the organization’s profile area. This part includes cash income, geological presence, business scheme, items on display, and key techniques that players adopt to stay ahead of the opponent. The primary exploration was conducted with industry professionals, including VPs, consultants, item supervisors, and heads of store networks.

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The IoT Gateway Market is expected to witness a market growth of 15.3% during the forecast period from 2021 to 2028. The Data Bridge market research report on the IoT Gateway Market provides analysis and insights on the various factors that are expected to prevail during the forecast period. While bringing its effects on market growth. The growing number of connected devices globally is accelerating the growth of the IoT gateway market.

IoT Gateway refers to a physical device that enables software to act as a connection point between controllers, sensors, the cloud, and smart devices. IoT gateway architectures come in the form of building blocks that help increase the application of wireless sensing in the IoT module. The repository and edge flow network between the cloud and IoT gateway devices securely provide various functions including security, data filtering, device connectivity, and protocol transactions. These portals are configured with CSPs, NaaS vendors, and service providers in many regions.

The report also focuses on market difficulties, restraints, development factors, developments, openings, industry store network, etc. It also provides data regarding the attractive quality, development rate and market size of each segment, which helps in understanding which segment to invest money in or expand its business. Optional mining is based on open data sets, as well as paid ones, such as public filings, annual reports, SEC filings, environmental surveys, D&B Hoovers, and Factiva.

The global Internet of Things Gateways market is segmented into type that includes

by component (MCU, FPGA, sensor, other memory),

node (smart watch, camera, RADAR, thermostat, player, smart TV, other),

Connectivity technology (Bluetooth, Wi-Fi, ZigBee, Ethernet, Z-Wave, etc.),

Application (wearables, healthcare, automotive and transportation, building automation, industrial, and consumer electronics),

Some of the outstanding players in the market are

Intel Corporation, Mitsubishi Electric Corporation, NXP Semiconductors, Arm Limited, Cisco, Hewlett Packard Enterprise Development LP, TE Connectivity, STMicroelectronics, Advantech Co., Ltd. , Dell, EUROTECH, AAEON, ADLINK Technology Inc. , NEXCOM International Co., Ltd… ., Microchip Technology Inc., Notion Labs, Inc., Samsara and Estimote, Inc. Among other local and global players.

Geographically, the market has been segmented into

  • North America (United States, Canada, and Mexico)
  • Europe (Germany, France, UK, Russia, Italy and rest of Europe)
  • Asia Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
  • South America (Brazil, Argentina, Colombia and rest of South America)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of Middle East and Africa)

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Highlights Report

  • The analysis of global IoT Gateway market growth trends is based on the computed compound annual growth rate (CAGR) from 2022 to 2029.
  • To analyze the market performance in each region, the market share and growth rate for each geographical region are evaluated.
  • It includes all the necessary details about the main producers, customers and distributors in the market.

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