IoT Gateways market at the territorial level, which has been additionally bifurcated at the country level to provide a nitty-gritty view to the organizations. An uncommon center has been given to the vital participants in the organization profile area. This part incorporates monetary incomes, geological presence, and business outline, items offered, and key techniques embraced by the players to remain ahead in the opposition. Essential exploration was led with industry specialists, including VPs, advisors, item supervisors, and store network chiefs.

The IoT gateways market is expected to witness market growth at a rate of 15.3% in the forecast period of 2021 to 2028. Data Bridge Market Research report on IoT gateways market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in number of connected devices worldwide is escalating the growth of IoT gateways market.

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IoT gateway refers to a physical device which enables software program serving as a connection point among controllers, sensors, clouds and intelligent devices. The IoT gateways structures are found in the shape of building blocks which assist in increasing the wireless sensing application in IoT module. The repository and network of edge flow among clouds and devices of the IoT gateways securely provide various functions including security, data filtering, device connectivity and protocol transaction. These gateways are configured with CSPs, NaaS providers and service providers across numerous regions.

The global IoT Gateways market is divided into a type that includes

By Component (MCU, FPGA, Sensor, Memory Others),

Node (Smart Watch, Camera, RADAR, Thermostat, Actuator, Smart TV, Others),

Connectivity Technology (Bluetooth, Wi-Fi, ZigBee, Ethernet, Z-Wave, Others),

Application (Wearable Devices, Healthcare, Automotive and Transportation, Building Automation, Industrial, Consumer Electronics),

IoT Gateways Market Country Level Analysis

The IoT gateways market is analyzed and market size, volume information is provided by country, component, node, connectivity technology and application as referenced above.     

The countries covered in the IoT gateways market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).  

North America dominates the IoT gateways market due to the numerous investments in renovation, capacity addition, automotive industries and upgrading in the oil and gas and power. Europe is expected to witness significant growth during the forecast period of 2021 to 2028 because of the increasing government investments in smart infrastructure projects, rapid development of smart infrastructure and presence of major automotive OEMs in the region.

Some of the distinguished players in the market include

Intel Corporation, Mitsubishi Electric Corporation, NXP Semiconductors, Arm Limited, Cisco, Hewlett Packard Enterprise Development LP, TE Connectivity, STMicroeletcronics, 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

IoT Gateways Market Scope and Market Size

The IoT gateways market is segmented on the basis of component, node, connectivity technology and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets. 

·        On the basis of component, the IoT gateways market is segmented into MCU, FPGA, sensor, memory and others.

·        On the basis of node, the IoT gateways market is segmented into smart watch, camera, radar, thermostat, actuator, smart TV and others.

·        On the basis of connectivity technology, the IoT gateways market is segmented into bluetooth, wi-fi, zigbee, ethernet, Z-wave and others.

·        On the basis of application, the IoT gateways market is segmented into wearable devices, healthcare, automotive and transportation, building automation, industrial and consumer electronics.

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Key Points of the Report

·        The analysis of growth trends of Global IoT Gateways market is based upon the CAGR calculated from 2022-2029.

·        To analyse the functioning of the market in each region, the market share and growth rate of each geographical region are evaluated.

·        It includes all of the necessary details on the market’s major producers, customers, and distributors.

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