Global IoT Node and Gateway Market Opportunities and Forecast 2020-2027

Global IoT Node and Gateway Market, By Hardware (Processors, Connectivity Integrated Circuits (ICs), Sensors, Memory Devices, Logic Devices) By End-use Application (Industrial [Healthcare, Automotive & Transportation, Building Automation, Retail, BFSI, Oil & Gas, Aerospace & Defense, Agriculture, Others], Consumer [Wearable Devices, Consumer Electronics]), and opportunities and forecast 2020-2027

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	2019–2027
Base year considered	2019
Forecast period	2020–2027
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

• Industrial
  • Healthcare
  • Automotive & Transportation
  • Building Automation
  • Retail
  • BFSI
  • Oil & Gas
  • Aerospace & Defense
  • Agriculture
  • Others
• Consumer
  • Wearable Devices
  • Consumer Electronics

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.

Frequently Asked Questions (FAQ) :

Q1. What is the total CAGR expected to be recorded for the IoT Node and Gateway market during the forecast period?

Q2. Which 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. ?

Q4. Which region holds the largest share in the IoT Node and Gateway market?

Q5. Which are the prominent players in the IoT Node and Gateway Market?