IoT Gateway Market Transformative Trends: Industry Outlook, Size, And Growth Forecast 2024-2030

Published: 2024-08-19
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Author: shwetammr
Published in: Networking

IoT Gateway Market Transformative Trends: Industry Outlook, Size, And Growth Forecast 2024-2030

IoT Gateway Market Overview:

Maximize Market Research, a IoT Gateway business research firm has published a report on the “IoT Gateway Market”. Which provides Industry Analysis (Market Performance, Segments, Price Analysis, and Outlook).

Estimated Growth Rate for IoT Gateway Market:

IoT Gateway Market was valued at US$ 1.69 Bn. in 2023 and is expected to reach US$ 4.14 Bn. by 2030, at a CAGR of 13.6% during a forecast period.

Get your sample copy of this report now: https://www.maximizemarketresearch.com/request-sample/25540/

IoT Gateway Market Report Scope and Research Methodology:

The scope of the IoT Gateway market analysis encompasses diverse factors, including geographical regions, industry segments, traveller types, and travel service offerings. Research methodologies integrate primary and secondary data collection, employing surveys, interviews, and analysis of industry reports and databases. Assessing the IoT Gateway market scope involves examining the volume and value of business travel transactions, covering expenditures on transportation, accommodation, dining, and ancillary services. Methodologies aim to identify key trends, challenges, and opportunities influencing the market landscape. This comprehensive approach provides valuable insights for strategic decision-making, aiding businesses in navigating the complexities of the IoT Gateway sector and capitalizing on growth prospects.

IoT Gateway Market Regional Insights:

Improved dependability and increasing demand drive growth in the IoT Gateway Market, particularly in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Geographical observations help investors identify opportunities, with regional evaluations highlighting crucial strategies like mergers and acquisitions. Understanding regional dynamics enables stakeholders to tailor their approaches, leveraging growth prospects and addressing specific IoT Gateway market needs. This insight is vital for informed decision-making and strategic planning across diverse geographic landscapes.

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IoT Gateway Market Segmentation:

by Node

Smart Watch
Camera
RADAR
Thermostat
Actuator
Smart TV
Others

by Connectivity Technology

Bluetooth
Wi-Fi
ZigBee
Ethernet
Z-Wave
Others

The global IoT gateway market is split by communication technology, including Bluetooth, Wi-Fi, ZigBee, Ethernet, Z-Wave, and Others. The Bluetooth segment accounted for 40.5% of revenue in 2023 and is predicted to expand at an 18% CAGR over the forecast period, owing to several high-end features such as reduced battery consumption, faster data transfer rates, and high-end encryption for device pairing. Bluetooth-enabled IoT devices work in the 2.402 GHz to 2.480 GHz frequency range, which is appropriate for short-range communication. The building automation industry will profit from their short-range connectivity and superior data security. Bluetooth communication is predicted to advance technologically, with the development of new capabilities and protocols to fulfill market demands.

by Component

MCU
FPGA
Sensor
Memory
Others

The global IoT gateway market is split by component, including MCU, FPGA, Sensor, Memory, and Others. In 2023, the MCU section retained the greatest share, accounting for 37.3%. Because of the increasing use of MCUs in modular IoT gateways. The MCU allows modular IoT gateway devices to connect to a wide range of platforms, including Z-Wave, Wi-Fi, Ethernet, Bluetooth, and ZigBee. It supports multi-protocol connectivity in gateway devices, allowing multiple use cases to be linked at the same time. To address the industry's increasing demand, market participants are focusing on new product development.

by Application

Wearable Devices
Healthcare
Automotive & Transportation
Building Automation
Industrial
Consumer Electronics

The global IOT gateway market is split by application, including Wearable Devices, Healthcare, Automotive & Transportation, Building Automation, Industrial, Consumer Electronics, and Others. Due to the increasing use of IoT gateway devices in manufacturing and processing facilities, the industrial segment of the IoT gateway devices market is predicted to account for 34% of revenue by 2030 and grow at a 15% CAGR. During the forecasting period. In manufacturing facilities, IoT gateway devices are used to wirelessly connect a large number of industrial sensors, human-machine interfaces, programmable controllers, and automation systems. These gateway devices boost plant efficiency and manufacturing capacity, hence enhancing industry value.

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Table of Content: IoT Gateway Market

Part 01: Executive Summary

Part 02: Scope of the IoT Gateway Market Report

Part 03: Global IoT Gateway Market Landscape

Part 04: Global IoT Gateway Market Sizing

Part 05: Global IoT Gateway Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Want a comprehensive market analysis? Check out the summary of the research report: @https://www.maximizemarketresearch.com/market-report/global-iot-gateway-market/25540/

IoT Gateway Market Key Players:

1.Intel Corporation
2.Mitsubishi Electric Co
3.NXP Semiconductors N.V.
4.Super Micro Computer
5.ARM Holdings
6.Huawei Investment
7.Texas Instruments
8.Cisco
9.Hewlett Packard
10.TE Connectivity Ltd.

Key questions answered in the IoT Gateway Market are:

Who are the leading companies and what are their portfolios in IoT Gateway Market?
What segments are covered in the IoT Gateway Market?
Who are the key players in the IoT Gateway market?
What is IoT Gateway?
What was the IoT Gateway market size in 2023?
What is the growth rate of the IoT Gateway Market?
Which are the factors expected to drive the IoT Gateway market growth?
What are the different segments of the IoT Gateway Market?
What growth strategies are the players considering to increase their presence in IoT Gateway?
What are the upcoming industry applications and trends for the IoT Gateway Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the IoT Gateway Market?
What segments are covered in the IoT Gateway Market?

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Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by different segment | 2024−2030
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
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