image

IoT Node and Gateway Market Size:

IoT Node and Gateway Market Revenue Analysis

Get more information on IoT Node and Gateway Market - Request Sample Report

The IoT Node and Gateway Market Size was valued at USD 478.12 billion in 2023 and is expected to reach USD 1459.33 billion by 2032 and grow at a CAGR of 13.2% over the forecast period 2024-2032.

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 devices & 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 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.

IoT Node and Gateway Market Segment Overview:

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.

IoT Node and Gateway Market Regional Analysis:

APAC is expected to record the highest growth in the IoT node and gateway market during the forecast period from 2023 to 2030. 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.

IoT-Node-and-Gateway-Market-Regional-Share

Need any customization research on IoT Node and Gateway Market - Enquiry Now

KEY PLAYERS:

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, Advantech & Other Players.

IoT Node and Gateway Market Report Scope:

Report Attributes Details
Market Size in 2023 USD 478.12 Billion
Market Size in 2032 USD 1459.33 Biilion
CAGR CAGR 13.2 % From 2024 to 2032
Base Year 2023
Forecast Period 2024-2032
Historical Data 2020-2022
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 (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, 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

Ans: The IoT Node and Gateway Market Size is expected to reach USD  1459.33  billion by 2032.

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.

Ans: The IoT Node and Gateway Market size is to grow at a CAGR of 13.2 % during the forecast period 2024-2032.

Table of Contents

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

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

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

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

BY HARDWARE

  • Sensor

  • Memory Device

  • Processor

  • Connectivity IC

  • Logic Device

BY END-USE APPLICATION

  • Consumer

  • Industrial

Request for Segment Customization as per your Business Requirement: Segment Customization Request

REGIONAL COVERAGE:

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of the Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

Request for Country Level Research Report: Country Level Customization Request

Available Customization

With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:

  • Product Analysis

  • Criss-Cross segment analysis (e.g. Product X Application)

  • Product Matrix which gives a detailed comparison of the product portfolio of each company

  • Geographic Analysis

  • Additional countries in any of the regions

  • Company Information

  • Detailed analysis and profiling of additional market players (Up to five)


  •            5000 (33% Discount)


  •            8950 (40% Discount)


  •            3050 (23% Discount)

Start a Conversation

Hi! Click one of our member below to chat on Phone