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IoT Gateway Market Trends and Forecast
The future of the global IoT gateway market looks promising with opportunities in the automotive and transportation, healthcare, industrial, consumer electronics, BFSI, oil and gas, retail, and aerospace and defense market. The global IoT gateway market is expected to reach an estimated $4.0 billion by 2030 with a CAGR of 12.7% from 2024 to 2030. The major drivers for this market are expansion of SOC-type architectures, application-specific MCUs, and the burgeoning development of smart cities and growing interest in big data analytics, such as big data that facilitates sensor data analysis and initiates data collection.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
IoT Gateway Market by Segment
The study includes a forecast for the global IoT gateway market by component, end use industry, and region
IoT Gateway Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• Processor
• Sensor
• Memory and Storage Device
• Others
IoT Gateway Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Automotive and Transportation
• Healthcare
• Industrial
• Consumer Electronics
• BFSI
• Oil and Gas
• Retail
• Aerospace and Defense
• Other End Use Industries
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IoT Gateway Market by Region [Shipment Analysis by Value from 2017 to 2028]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of IoT Gateway Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies IoT gateway companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the IoT gateway companies profiled in this report include-
• Cisco Systems
• Advantech
• Dell
• Microchip Technology
• Huawei Technologies
• Hewlett Packard Enterprise Development LP
• Samsara Networks
• Eurotech
• ADLINK Technology
• Kontron S&T AG
IoT Gateway Market Insights
Lucintel forecast that processor is expected to witness highest growth over the forecast period.
Within this market, industrial will remain the largest segment.
APAC is expected to witness highest growth over the forecast period.
Features of the Global IoT Gateway Market
Market Size Estimates: IoT gateway market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: IoT gateway market size by component, end use industry, and region in terms of value ($B).
Regional Analysis: IoT Gateway Market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different component,end use industry product, component and end use industry IoT gateway market..
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the IoT gateway market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the IoT gateway market. size?
Answer: The global IoT gateway market is expected to reach an estimated $4.0 billion by 2030.
Q.2 What is the growth forecast for IoT gateway market.?
Answer: The global IoT gateway market is expected to grow with a cagr of 12.7% from 2024 to 2030
Q.3 What are the major drivers influencing the growth of the IoT gateway market.?
Answer: The major drivers for this market are expansion of SOC-type architectures, application-specific MCUs, and the burgeoning development of smart cities and growing interest in big data analytics, such as big data that facilitates sensor data analysis and initiates data collection.
Q4. What are the major segments for IoT gateway market.?
Answer: The future of the IoT gateway market looks promising with opportunities in the automotive and transportation, healthcare, industrial, consumer electronics, BFSI, oil and gas, retail, aerospace and defense markets.
Q5. Who are the key IoT gateway market companies?
Answer: Some of the key IoT gateway companies are as follows:
• Cisco Systems
• Advantech
• Dell
• Microchip Technology
• Huawei Technologies
• Hewlett Packard Enterprise Development LP
• Samsara Networks
• Eurotech
• ADLINK Technology
• Kontron S&T AG
Q6. Which IoT gateway market segment will be the largest in future?
Answer: Lucintel forecast that processor is expected to witness highest growth over the forecast period.
Q7. In IoT gateway market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the IoT gateway market by component (processor, sensor, memory device and storage, and others ), end use industry (automotive and transportation, healthcare, industrial, consumer electronics, BFSI, oil and gas, retail, aerospace and defense, other end use ), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to IoT gateway market or related to IoT gateway companies, IoT gateway market size, IoT gateway market share, IoT gateway market growth, IoT gateway market research, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global IoT Gateway Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global IoT Gateway Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global IoT Gateway Market by Component
3.3.1: Processor
3.3.2: Sensor
3.3.3: Memory Device and Storage
3.3.4: Others
3.4: Global IoT Gateway Market by End Use Industry
3.4.1: Automotive and Transportation
3.4.2: Healthcare
3.4.3: Industrial
3.4.4: Consumer Electronics
3.4.5: BFSI
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global IoT Gateway Market by Region
4.2: North American IoT Gateway Market
4.2.1: North American IoT Gateway Market by Component : Processor, Sensor, Memory Device and Storage and Others
4.2.2: North American IoT Gateway Market by End Use Industry: Automotive and Transportation, Healthcare, Industrial, Consumer Electronics, BFSI, Oil and Gas Retail, Aerospace and Defense, Other End Use Industries
4.3: European IoT Gateway Market
4.3.1: European IoT Gateway Market by Component: Processor, Sensor, Memory Device and Storage and Others
4.3.2: European IoT Gateway Market by End Use Industry: Automotive and Transportation, Healthcare, Industrial, Consumer Electronics, BFSI, Oil and Gas Retail, Aerospace and Defense, Other End Use Industries
4.4: APAC IoT Gateway Market
4.4.1: APAC IoT Gateway Market by Component : Processor, Sensor, Memory Device and Storage and Others
4.4.2: APAC IoT Gateway Market by End Use Industry: Automotive and Transportation, Healthcare, Industrial, Consumer Electronics, BFSI, Oil and Gas Retail, Aerospace and Defense, Other End Use Industries
4.5: ROW IoT Gateway Market
4.5.1: ROW IoT Gateway Market by Component :Processor, Sensor, Memory Device and Storage and Others
4.5.2: ROW IoT Gateway Market by End Use Industry: AAutomotive and Transportation, Healthcare, Industrial, Consumer Electronics, BFSI, Oil and Gas Retail, Aerospace and Defense, Other End Use Industries
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global IoT Gateway Market by Component
6.1.2: Growth Opportunities for the Global IoT Gateway Market by End Use Industry
6.1.3: Growth Opportunities for the Global IoT Gateway Market by Region
6.2: Emerging Trends in the Global IoT Gateway Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global IoT Gateway Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global IoT Gateway Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Cisco Systems
7.2: Advantech
7.3: Dell
7.4: Microchip Technology
7.5: Huawei Technologies
7.6: Hewlett Packard Enterprise Development LP
7.7: Samsara Networks
7.8: Eurotech
7.9: ADLINK Technology
7.10: Kontron S&T AG
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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