IoT Gateway Market Report: Trends, Forecast and Competitive Analysis

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.

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

0

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?