Global IoT Gateway Hardware and Software Market Opportunities and Forecast 2023-2030
- DLR2883
- 05 March, 2022
- Service & Software
- Pages: 120
- Global
Global IoT Gateway Hardware and Software Market, By Enterprise Size (Small and Medium Enterprises (SMEs), Large Businesses), By Component (Hardware, Software, Services), By Deployment (On-Premise, Cloud, Hybrid), By Application (Smart Home Automation, Smart Factory Automation, Vehicle Automation, Remote Monitoring, Fleet Management), and opportunities and forecast 2023-2030
IoT Gateway Hardware and Software Market Overview
An IoT gateway serves as a communication bridge between IoT sensors and devices and a cloud server on the backend. A crucial function of an IoT gateway device is to promote compatibility across the IoT network. The IoT gateway also manages device configuration, handles device authentication for secure network access, and supports edge analytics, among other things. IoT gateways help companies bridge the gap between operations and IT infrastructure.
IoT gateways offer a variety of advantages to an IoT network, including high scalability, low hardware costs, quick production with a shorter time-to-market, lower telecommunications costs, risk mitigation, and increased security. Individual sensors are less burdened since gateways handle complicated processing, memory, and storage requirements. All these factors are majorly contributing towards the growth of the IoT Gateway Hardware and Software Market.
Enabling interoperability of end nodes while supporting numerous connectivity sensor protocols such as Z-Wave, ZigBee, BLE, and Wi-Fi is a challenge affecting the growth of the IoT gateway hardware and software market. Maintaining backend connectivity, executing data caching and queuing, power overloads or power outages, and acceptable serviceability choices are among the other restrictions
Covid-19 Impact on IoT Gateway Hardware and Software Market
Like many other industries, COVID-19 badly knocked the electronic and semiconductor industries. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the overall sector's growth. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.
IoT Gateway Hardware and Software Market Segment Overview
According to Application, Smart Factory Automation is one of the largest segments in the IoT Gateway Hardware and Software market. The Industrial Internet of Things (IIoT) promises smart industrial advancements, as well as a smart factory revolution. IoT solutions are required to build a smart factory. The transition from traditional automation to a more open, networked, and adaptable system is the basis of smart factory technology. In order to check the status, acquire data, analyse it, and use insights to enhance operations, connected IoT devices such as cameras for machine vision and sensors are required across a manufacturing facility. Software compiles IoT data and allows users to monitor and control all aspects of automated production in addition to data-collecting devices.
IoT Gateway Hardware and Software Market, By Enterprise Size
· Small and Medium Enterprises (SMEs)
· Large Businesses
IoT Gateway Hardware and Software Market, By Component
· Hardware
· Software
· Services
IoT Gateway Hardware and Software Market, By Deployment
· On-Premise
· Cloud
· Hybrid
IoT Gateway Hardware and Software Market, By Application
· Smart Home Automation
· Smart Factory Automation
· Vehicle Automation
· Remote Monitoring
· Fleet Management
IoT Gateway Hardware and Software Market Regional Overview
In terms of region, North America is anticipated to dominate the IoT gateway hardware and software market. This is mainly because of the upsurge in R&D activities in the field of IoT. For instance, in the United States, research is being performed to increase IoT applications in industries like consumer products, energy and power, manufacturing, automotive and transportation, and health care. Companies in the Asia Pacific are expected to increase their investment in IoT, which will boost the market in the region. The market in the Asia Pacific is expected to benefit from the integration of IoT technology in the health care industry.
IoT Gateway Hardware and Software Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
IoT Gateway Hardware and Software Market, Key Players
· AAEON Technology Inc.
· ADLINK Technology Inc.
· Advantech Co.
· Dell Inc.
· Hewlett Packard Enterprise
· Cisco Systems, Inc.
· Huawei Technologies Co., Ltd.
· Siemens Ltd.
· Eurotech Spa
· Lantronix Inc.
IoT Gateway Hardware and Software Market Overview
An IoT gateway serves as a communication bridge between IoT sensors and devices and a cloud server on the backend. A crucial function of an IoT gateway device is to promote compatibility across the IoT network. The IoT gateway also manages device configuration, handles device authentication for secure network access, and supports edge analytics, among other things. IoT gateways help companies bridge the gap between operations and IT infrastructure.
IoT gateways offer a variety of advantages to an IoT network, including high scalability, low hardware costs, quick production with a shorter time-to-market, lower telecommunications costs, risk mitigation, and increased security. Individual sensors are less burdened since gateways handle complicated processing, memory, and storage requirements. All these factors are majorly contributing towards the growth of the IoT Gateway Hardware and Software Market.
Enabling interoperability of end nodes while supporting numerous connectivity sensor protocols such as Z-Wave, ZigBee, BLE, and Wi-Fi is a challenge affecting the growth of the IoT gateway hardware and software market. Maintaining backend connectivity, executing data caching and queuing, power overloads or power outages, and acceptable serviceability choices are among the other restrictions
| Report Metric | Details |
| Market size available for years | 2019–2027 |
| Base year considered | 2019 |
| Forecast period | 2020–2027 |
| Forecast unit | Value (USD Million) |
| Segments covered | Enterprise Size, Component, Deployment, Application, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | AAEON Technology Inc., ADLINK Technology Inc., Advantech Co., Dell Inc., Hewlett Packard Enterprise, Cisco Systems, Inc., Huawei Technologies Co., Ltd., Siemens Ltd., Eurotech Spa, Lantronix Inc. |
Covid-19 Impact on IoT Gateway Hardware and Software Market
Like many other industries, COVID-19 badly knocked the electronic and semiconductor industries. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the overall sector's growth. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.
IoT Gateway Hardware and Software Market Segment Overview
According to Application, Smart Factory Automation is one of the largest segments in the IoT Gateway Hardware and Software market. The Industrial Internet of Things (IIoT) promises smart industrial advancements, as well as a smart factory revolution. IoT solutions are required to build a smart factory. The transition from traditional automation to a more open, networked, and adaptable system is the basis of smart factory technology. In order to check the status, acquire data, analyse it, and use insights to enhance operations, connected IoT devices such as cameras for machine vision and sensors are required across a manufacturing facility. Software compiles IoT data and allows users to monitor and control all aspects of automated production in addition to data-collecting devices.
IoT Gateway Hardware and Software Market, By Enterprise Size
· Small and Medium Enterprises (SMEs)
· Large Businesses
IoT Gateway Hardware and Software Market, By Component
· Hardware
· Software
· Services
IoT Gateway Hardware and Software Market, By Deployment
· On-Premise
· Cloud
· Hybrid
IoT Gateway Hardware and Software Market, By Application
· Smart Home Automation
· Smart Factory Automation
· Vehicle Automation
· Remote Monitoring
· Fleet Management
IoT Gateway Hardware and Software Market Regional Overview
In terms of region, North America is anticipated to dominate the IoT gateway hardware and software market. This is mainly because of the upsurge in R&D activities in the field of IoT. For instance, in the United States, research is being performed to increase IoT applications in industries like consumer products, energy and power, manufacturing, automotive and transportation, and health care. Companies in the Asia Pacific are expected to increase their investment in IoT, which will boost the market in the region. The market in the Asia Pacific is expected to benefit from the integration of IoT technology in the health care industry.
IoT Gateway Hardware and Software Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
IoT Gateway Hardware and Software Market, Key Players
· AAEON Technology Inc.
· ADLINK Technology Inc.
· Advantech Co.
· Dell Inc.
· Hewlett Packard Enterprise
· Cisco Systems, Inc.
· Huawei Technologies Co., Ltd.
· Siemens Ltd.
· Eurotech Spa
· Lantronix Inc.
Frequently Asked Questions (FAQ) :
Q1. Which are the parts of the Component segment in the IoT Gateway Hardware and Software market?
A. Hardware, Software, Services are parts of the Component segment in the IoT Gateway Hardware and Software market.
Q2. Which Segments are covered in the IoT Gateway Hardware and Software Market report?
A. Enterprise Size, Component, Deployment, Application, and Region. these segments are covered in the IoT Gateway Hardware and Software market report.
Q3. Which segment is projected to hold the largest share in the IoT Gateway Hardware and Software Market?
A. Smart Factory Automation segment is projected to hold the largest share in the IoT Gateway Hardware and Software Market
Q4. Which region holds the largest share in the IoT Gateway Hardware and Software market?
A. North America held the largest share in the global IoT Gateway Hardware and Software market
Q5. Which are the prominent players in the IoT Gateway Hardware and Software Market?
A. AAEON Technology Inc., ADLINK Technology Inc., Advantech Co., Dell Inc., Hewlett Packard Enterprise, Cisco Systems, Inc., Huawei Technologies Co., Ltd., Siemens Ltd., Eurotech Spa, Lantronix Inc. are some key players in the IoT Gateway Hardware and Software Market.
IoT Gateway Hardware and Software Market Study Global Market Analysis, Insights and Forecast, 2020-2027
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global IoT Gateway Hardware and Software Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Enterprise Size
- 5.2.1. Small and Medium Enterprises (SMEs)
- 5.2.2. Large Businesses
- 5.3. Market Analysis, Insights and Forecast – By Component
- 5.3.1. Hardware
- 5.3.2. Software
- 5.3.3. Services
- 5.4. Market Analysis, Insights and Forecast – By Deployment
- 5.4.1. On-Premise
- 5.4.2. Cloud
- 5.4.3. Hybrid
- 5.5. Market Analysis, Insights and Forecast – By Application
- 5.5.1. Smart Home Automation
- 5.5.2. Smart Factory Automation
- 5.5.3. Vehicle Automation
- 5.5.4. Remote Monitoring
- 5.5.5. Fleet Management
- 5.6. Market Analysis, Insights and Forecast – By Region
- 5.6.1. North America
- 5.6.2. Europe
- 5.6.3. Asia Pacific
- 5.6.4. Latin America, Middle East and Africa
6. North America IoT Gateway Hardware and Software Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Enterprise Size
- 6.2.1. Small and Medium Enterprises (SMEs)
- 6.2.2. Large Businesses
- 6.3. Market Analysis, Insights and Forecast – By Component
- 6.3.1. Hardware
- 6.3.2. Software
- 6.3.3. Services
- 6.4. Market Analysis, Insights and Forecast – By Deployment
- 6.4.1. On-Premise
- 6.4.2. Cloud
- 6.4.3. Hybrid
- 6.5. Market Analysis, Insights and Forecast – By Application
- 6.5.1. Smart Home Automation
- 6.5.2. Smart Factory Automation
- 6.5.3. Vehicle Automation
- 6.5.4. Remote Monitoring
- 6.5.5. Fleet Management
- 6.6. Market Analysis, Insights and Forecast – By Country
- 6.6.1. U.S.
- 6.6.2. Canada
7. Europe IoT Gateway Hardware and Software Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Enterprise Size
- 7.2.1. Small and Medium Enterprises (SMEs)
- 7.2.2. Large Businesses
- 7.3. Market Analysis, Insights and Forecast – By Component
- 7.3.1. Hardware
- 7.3.2. Software
- 7.3.3. Services
- 7.4. Market Analysis, Insights and Forecast – By Deployment
- 7.4.1. On-Premise
- 7.4.2. Cloud
- 7.4.3. Hybrid
- 7.5. Market Analysis, Insights and Forecast – By Application
- 7.5.1. Smart Home Automation
- 7.5.2. Smart Factory Automation
- 7.5.3. Vehicle Automation
- 7.5.4. Remote Monitoring
- 7.5.5. Fleet Management
- 7.6. Market Analysis, Insights and Forecast – By Country
- 7.6.1. UK
- 7.6.2. Germany
- 7.6.3. France
- 7.6.4. Italy
- 7.6.5. Spain
- 7.6.6. Russia
- 7.6.7. Rest of Europe
8. Asia Pacific IoT Gateway Hardware and Software Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Enterprise Size
- 8.2.1. Small and Medium Enterprises (SMEs)
- 8.2.2. Large Businesses
- 8.3. Market Analysis, Insights and Forecast – By Component
- 8.3.1. Hardware
- 8.3.2. Software
- 8.3.3. Services
- 8.4. Market Analysis, Insights and Forecast – By Deployment
- 8.4.1. On-Premise
- 8.4.2. Cloud
- 8.4.3. Hybrid
- 8.5. Market Analysis, Insights and Forecast – By Application
- 8.5.1. Smart Home Automation
- 8.5.2. Smart Factory Automation
- 8.5.3. Vehicle Automation
- 8.5.4. Remote Monitoring
- 8.5.5. Fleet Management
- 8.6. Market Analysis, Insights and Forecast – By Country
- 8.6.1. China
- 8.6.2. India
- 8.6.3. Japan
- 8.6.4. Australia
- 8.6.5. South East Asia
- 8.6.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa IoT Gateway Hardware and Software Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Enterprise Size
- 9.2.1. Small and Medium Enterprises (SMEs)
- 9.2.2. Large Businesses
- 9.3. Market Analysis, Insights and Forecast – By Component
- 9.3.1. Hardware
- 9.3.2. Software
- 9.3.3. Services
- 9.4. Market Analysis, Insights and Forecast – By Deployment
- 9.4.1. On-Premise
- 9.4.2. Cloud
- 9.4.3. Hybrid
- 9.5. Market Analysis, Insights and Forecast – By Application
- 9.5.1. Smart Home Automation
- 9.5.2. Smart Factory Automation
- 9.5.3. Vehicle Automation
- 9.5.4. Remote Monitoring
- 9.5.5. Fleet Management
- 9.6. Market Analysis, Insights and Forecast – By Country
- 9.6.1. Brazil
- 9.6.2. Saudi Arabia
- 9.6.3. UAE
- 9.6.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. AAEON Technology Inc.
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. ADLINK Technology Inc.
- 10.6. Advantech Co.
- 10.7. Ltd, Dell Inc.
- 10.8. Hewlett Packard Enterprise
- 10.9. Cisco Systems, Inc.
- 10.10. Huawei Technologies Co., Ltd.
- 10.11. Siemens Ltd.
- 10.12. Eurotech Spa
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