IoT Node and Gateway Market Overview
An IoT node and gateway are used to communicate with networks of various IoT sensors. It makes use of sensor nodes that are equipped with Bluetooth, Zigbee, Zwave, LoRA, 6LoWPAN, and WiFi. Data encryption techniques and security certifications (SSL/TSL) are used by IoT nodes and gateways to assist protect IoT. For IoT gateway device hardware security, it uses the Trusted Platform Module (TPM) and Trusted Execution Environment (TEE). The global IoT Node and Gateway market is expected to grow at a significant rate in the years to come.
IoT node and gateway technology is implemented in wearable devices such as smart glasses, smartwatches, activity monitors, and body-worn cameras. In addition, IoT nodes and gateways assist the aerospace and military industries in providing end-user applications with extensive machine data and sensors. Sensors can be used on important machinery, vehicles, and equipment. Airlines can use the Internet of Things to provide equipment monitoring and better baggage handling. These crucial aspects are projected to boost the growth of the IoT Node and Gateway market.
IoT node and gateway are used in networking hardware. Increased use of wireless sensors, increase in application-specific microcontroller units, and improvement of internet technology are expected to boost the growth of the global IoT node and gateway market in the forthcoming years.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Hardware, End-use 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 | Intel Corporation, Cisco Systems, Inc., Huawei Technologies Co., Ltd., Texas Instruments Incorporated, NXP Semiconductors, TE Connectivity Ltd, Hewlett Packard Enterprise Co., Microchip Technology Inc., Dell Technologies, Aaeon Technology Inc., Nexcom International Co., Ltd., Helium Systems, Inc., STMicroelectronics N.V., Adlink Technology Inc., Eurotech S.P.A. |
Covid-19 Impact on IoT Node and Gateway 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 Node and Gateway Market Segment Overview
According to Hardware, the Connectivity Integrated Circuits (ICs) segment account for the largest share in IoT node and gateway market during the forecast period. The growing demand for better edge devices connectivity and substantial developments in low-power connectivity technologies, such as Wi-Fi, Bluetooth, and Bluetooth Low Energy (BLE), are the significant factors supporting the growth of the connectivity IC segment.
IoT Node and Gateway Market, By Hardware
· Processors
· Connectivity Integrated Circuits (ICs)
· Sensors
· Memory Devices
· Logic Devices
IoT Node and Gateway Market, By End-use Application
IoT Node and Gateway Market Regional Overview
In terms of region, North America dominated the global IoT node and gateway market and held a prominent share mainly due to the presence of developed economies, such as the U.S. and Canada. Additionally, North America is estimated to offer significant opportunities for players in the region due to growing awareness about the use of IoT node and gateway systems for security purposes. Similarly, the market in the Asia Pacific is projected to enlarge at a rapid pace in the forecast period. Asia Pacific companies are mostly focused on R&D in the field of IoT nodes and gateways. Developing countries are concentrating their efforts on the adoption of new technologies, with India, China, and Japan preparing to invest in IoT node and gateway solutions.
IoT Node and Gateway 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 Node and Gateway Market, Key Players
· Intel Corporation
· Cisco Systems, Inc.
· Huawei Technologies Co., Ltd.
· Texas Instruments Incorporated
· NXP Semiconductors
· TE Connectivity Ltd.
· Hewlett Packard Enterprise Co.
· Microchip Technology Inc.
· Dell Technologies
· Aaeon Technology Inc.
· Nexcom International Co., Ltd.
· Helium Systems, Inc.
· STMicroelectronics N.V.
· Adlink Technology Inc.
· Eurotech S.P.A.
Q1. What is the total CAGR expected to be recorded for the IoT Node and Gateway market during the forecast period?
The IoT Node and Gateway market is expected to record a CAGR of ~ 6 % during the forecast period.
Q2. Which Segments are covered in the IoT Node and Gateway market report?
Hardware, End-use Application, and Region, these segments are covered in the IoT Node and Gateway market report.
Q3. Which segment is projected to hold the largest share in the IoT Node and Gateway Market. ?
Connectivity Integrated Circuits (ICs) segment is projected to hold the largest share in the IoT Node and Gateway Market.
Q4. Which region holds the largest share in the IoT Node and Gateway market?
North America held the largest share in the global IoT Node and Gateway market.
Q5. Which are the prominent players in the IoT Node and Gateway Market?
Intel Corporation, Cisco Systems, Inc., Huawei Technologies Co., Ltd., Texas Instruments Incorporated, NXP Semiconductors, TE Connectivity Ltd, Hewlett Packard Enterprise Co., Microchip Technology Inc., Dell Technologies, Aaeon Technology Inc., Nexcom International Co., Ltd., Helium Systems, Inc., STMicroelectronics N.V., Adlink Technology Inc., Eurotech S.P.A. are some key players in the IoT Node and Gateway Market.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
