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IoT Node And Gateway Market

IoT Node And Gateway Market Size, Share & Segment By Hardware (Sensor, Memory Device, Processor, Connectivity IC, Logic Device) By End Use Application (Consumer, Industrial), By Regions And Global Forecast 2022-2028

Report Id: SNS/SEMI/2098 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

The IoT Node and Gateway Market Size was valued at USD 7.61 billion in 2021, and is expected to reach USD 12.87 billion by 2028, and grow at a CAGR of 7.8% over the forecast period 2022-2028.

The global IoT node and gateway market size is growing exponentially, and is expected to grow significantly in the next few years. IoT node and gateway device & software perform important functions in areas such as data security and filtering, protocol conversion, device connectivity, and more. Since most third-party systems include devices, controls, sensors and clouds, it acts as their integration. Therefore, additional security, storage, and processing services in storage facilities are provided at a more efficient and less expensive level with the use of IoT node and gateway. In addition, various communication technologies are used to facilitate nodes to communicate to each other within the network.

IoT Node and Gateway Market Revenue Graph

MARKET DYNAMICS:

KEY DRIVERS:

  • Increasing market for connected devices.

  • Data centers are becoming more and more essential as cloud computing platforms gain popularity.

  • Rise of 5G technology.

RESTRAINTS:

  • Unresolved issues with user data security and privacy.

  • High market fragmentation as a result of divergent communication standards and protocols.

OPPORTUNITIES:

  • Government funding for IoT technology research and development.

  • Cross-domain collaborations.

CHALLENGES: 

  • IoT project implementation is delayed as a result of connection problems and a lack of IoT-related expertise.

  • IoT requires licensed spectrum for wireless devices.

IMPACT OF COVID-19: 

The IoT node and gateway market have had a significant impact due to the outbreak of COVID-19. Global factories have struggled to create and integrate a new IoT node and gateway as workers are sitting in their houses and even equipment already available in various warehouses cannot be moved due to current laws and regulations that have disrupted the global supply chain. Due to the outbreak of COVID-19, technology will be one of the priorities for people, so the need for IoT node and gateway to various applications such as health care, safety, wearable and more will grow significantly. The impact of COVID-19 on the IoT node and gateway market is temporary as long as the production and acquisition of goods has stopped. Once the situation improves, the production, supply chain and demand for these batteries will gradually increase. This is expected to provide opportunities for companies to think about ways to increase productivity, research on technologies, and develop current products.

Based on Hardware, the IoT Node and Gateway Market is segmented into Sensor, Memory Device, Processor, Connectivity IC and Logic Device. The connectivity IC component holds the largest share of the IoT node and gateway market, depending on the volume. The growing demand for connectivity for better edge devices connectivity and significant developments in low-power connectivity technologies, such as Wi-Fi, Bluetooth, and Bluetooth Low Energy (BLE), are key factors that support the growth of the connectivity IC component.

Based on End Use Application, the IoT Node and Gateway Market is segmented into consumer and industrial. Consumer segment holds the largest share of the entire IoT node and gateway market during forecasting. With the advent of more consumer-oriented consumer electronics and smartphones, the growth of IoT technology in the consumer electronics segment is expected to improve.

COMPETITIVE LANDSCAPE:

The key players in the IoT Node and Gateway market are Huawei Technologies, Texas Instruments Incorporated, Hewlett Packard Enterprise, Aaeon Components, Dell Technologies, Intel Corporation, NXP Semiconductor, Cisco Systems, TE Connectivity and Advantech.

MARKET SEGMENTS:

BY HARDWARE

  • Sensor

  • Memory Device

  • Processor

  • Connectivity IC

  • Logic Device

BY END-USE APPLICATION

  • Consumer

  • Industrial

IoT Node and Gateway Market Segment Pie Chart

REGIONAL ANALYSIS:

APAC is expected to record the highest growth in the IoT node and gateway market during the forecast period from 2022 to 2028. Growing Internet penetration in all commercial and residential areas, a comprehensive customer base, increasing revenue, and improving IT infrastructure. are some of the key decisions that add to the growth of the IoT node and gateway market in the APAC. In addition, the adoption of cloud-based services and the growing automation of industry automation are the mainstays of IoT node and gateway market growth for commercial applications in countries such as China, South Korea, and Japan.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

IoT Node and Gateway Market Report Scope
Report Attributes Details
Market Size in 2021 US$ 7.61 Billion
Market Size by 2028 US$ 12.87 Billion
CAGR CAGR 7.8% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Hardware (Sensor, Memory Device, Processor, Connectivity IC, Logic Device)
• By End Use Application (Consumer, Industrial)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, +D11UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles IoT Node and Gateway market are Huawei Technologies, Texas Instruments Incorporated, Hewlett Packard Enterprise, Aaeon Components, Dell Technologies, Intel Corporation, NXP Semiconductor, Cisco Systems, TE Connectivity and Advantech.
Key Drivers •Increasing market for connected devices.
•Data centers are becoming more and more essential as cloud computing platforms gain popularity.
Market Restraints •Unresolved issues with user data security and privacy.
•High market fragmentation as a result of divergent communication standards and protocols.


Frequently Asked Questions (FAQ) :

The market value will be expected to reach USD 12.87 billion by 2028.

Unresolved issues with user data security and privacy, and High market fragmentation as a result of divergent communication standards and protocols.

The IoT node and gateway market have had a significant impact due to the outbreak of COVID-19. Global factories have struggled to create and integrate a new IoT node and gateway as workers are sitting in their houses and even equipment already available in various warehouses cannot be moved due to current laws and regulations that have disrupted the global supply chain.

Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.

Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.


Table of Content

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

  

8. IoT Node and Gateway Market Segmentation, by hardware

8.1Introduction

8.2 Sensor

8.3 Memory Device

8.4 Processor

8.5 Connectivity IC

8.6 Logic Device

 

9. IoT Node and Gateway Market Segmentation, by end use application

9.1Introduction

9.2 Consumer

9.3 Industrial

 

10. Regional Analysis

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 France

10.3.4 Italy

10.3.5 Spain

10.3.6 The Netherlands

10.3.7 Rest of Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 South Korea

10.4.3 China

10.4.4 India

10.4.5 Australia

10.4.6 Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1 Israel

10.5.2 UAE

10.5.3 South Africa

10.5.4 Rest

10.6 Latin America

10.6.1 Brazil

10.6.2 Argentina

10.6.3 Rest of Latin America

 

11.Company Profiles

11.1 NXP Semiconductor

11.1.1 Financial

11.1.2 Products/ Services Offered

11.1.3 SWOT Analysis

11.1.4 The SNS view

11.2 Huawei Technologies

11.3 Texas Instruments Incorporated

11.4 Hewlett Packard Enterprise

11.5 Aaeon Components

11.6 Dell Technologies

11.7 Intel Corporation

11.8 Cisco Systems

11.9 TE Connectivity

11.10 Advantech

11.11 Other

 

12.Competitive Landscape

12.1 Competitive Benchmark

12.2 Market Share analysis

12.3 Recent Developments

 

13.Conclusion

 

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Secondary Research

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