Global industrial IoT gateway market is expected to reach around USD 2,100 million by 2025, at a CAGR of 12.5% between 2019 and 2025. The internet of objects (IoT) portal is a software or physical device that connects the cloud and devices, sensors, and smart devices.
Scope of the Report
An IoT Gateway connects IoT devices to cloud or data center-based IoT platforms or apps that consume data from IoT devices. Within an IoT solution, the IoT gateway performs key functions. It establishes a connection between IoT devices and the required data. It also provides processing capacity to allow the data gathered to be modified based on the input, bringing expert system intelligence closer to the sensors and devices.
The market study is segmented based on end-user verticals, and geography. The study also provides a brief understanding of major components involved in building an IoT Gateway and major protocols supported by these devices in the current market scenario.
Top Key Market Players
Major players operating in the IoT node and gateway market are Intel Corporation, Huawei Technologies Co., Ltd., NXP Semiconductor N.V., Texas Instruments Incorporated, Cisco Systems, Inc., Hewlett Packard Enterprise, TE Connectivity Ltd., Advantech Co. Ltd., Dell Technologies, Microchip Technology Inc., Notion, Helium System Inc., Samsara Networks Inc., Beep Inc., Estimote Inc., Aaeon Technology Inc., Nexcom International Co. Ltd., STMicroelectronics N.V., Eurotech S.P.A, Adlink Technology Inc., Volansys Technologies, Embitel Technologies, Mitsubishi Electric Corporation, Lantronix, Inc., and Cradlepoint, Inc.
The industrial IoT gateway market is segmented as below:
By End-user
- Process
- Discrete
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- MEA
One of the primary factors driving the industrial IoT gateway market growth over the next few years, according to this analysis, is the ease with which information and operation technologies may be combined.
The report on industrial IoT gateway market covers the following areas:
- Industrial IoT gateway market sizing
- Industrial IoT gateway market forecast
- Industrial IoT gateway market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.