Global Demand Drives IoT Node and Gateway Market to USD 995.25 Billion By 2032 at 9.1% CAGR

𝐈𝐨𝐓 𝐍𝐨𝐝𝐞 𝐚𝐧𝐝 𝐆𝐚𝐭𝐞𝐰𝐚𝐲 𝐌𝐚𝐫𝐤𝐞𝐭

𝐓𝐡𝐞 𝐈𝐨𝐓 𝐍𝐨𝐝𝐞 𝐚𝐧𝐝 𝐆𝐚𝐭𝐞𝐰𝐚𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 𝐔𝐒𝐃 𝟒𝟓𝟔.𝟑𝟔 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟑. 𝐈𝐭 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐠𝐫𝐨𝐰 𝐚𝐭 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟗.𝟏%, 𝐟𝐫𝐨𝐦 𝐚 𝐯𝐚𝐥𝐮𝐞 𝐨𝐟 𝐔𝐒𝐃 𝟒𝟗𝟔.𝟓𝟔 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟒 𝐭𝐨 𝐔𝐒𝐃 𝟗𝟗𝟓.𝟐𝟓 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟑𝟐.

𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐜𝐨𝐩𝐞

The report focuses on current innovations, market leaders, market share, revenue generated, and regional data in order to provide a comprehensive understanding of the IoT node and gateway market.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐰𝐢𝐭𝐡 𝐀𝐧 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐋𝐨𝐨𝐤 𝐚𝐭 𝐭𝐡𝐞 𝐋𝐚𝐭𝐞𝐬𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐔𝐩𝐜𝐨𝐦𝐢𝐧𝐠 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭𝐬:
https://www.polarismarketresearch.com/industry-analysis/iot-node-and-gateway-market/request-for-sample

𝐖𝐡𝐚𝐭 𝐀𝐫𝐞 𝐈𝐨𝐓 𝐍𝐨𝐝𝐞 𝐚𝐧𝐝 𝐆𝐚𝐭𝐞𝐰𝐚𝐲?

The hardware or software that links IoT devices to the cloud is called an IoT node or gateway. They are employed for data collection, processing, and cloud storage. Gateways can be used to create communication between devices or between devices and the cloud. Since IoT devices are energy-constrained and operate on low power consumption (battery power), it will not be efficient for them to communicate directly with the internet or cloud. A gateway may be a standard piece of hardware or software. It facilitates IoT connectivity and establishes a link between the sensor network and the Internet. Numerous industries, including consumer electronics, healthcare, automotive, and industrial, use IoT nodes and gateways.

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐧𝐭𝐬

The market is fragmented and expected to be competitive due to the presence of multiple players. Major market service providers are always improving their technologies to keep ahead of the competition while also ensuring efficiency, integrity, and safety.

• Advantech Co., Ltd.
• Cisco Systems, Inc.
• Dell Technologies Inc.
• Hewlett Packard Enterprise Development LP
• Huawei Technologies Co., Ltd.
• Intel Corporation
• Microchip Technology Inc.
• NXP Semiconductors N.V.
• Quectel Wireless Solutions Co., Ltd.
• Sierra Wireless, Inc.
• STMicroelectronics N.V.
• Telit Communications PLC
• Texas Instruments Incorporated
• Toshiba Corporation
• Ubiquiti Inc.

𝐍𝐞𝐞𝐝 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐦𝐨𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐛𝐞𝐟𝐨𝐫𝐞 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐞:
https://www.polarismarketresearch.com/industry-analysis/iot-node-and-gateway-market/inquire-before-buying

𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬

• The need for IoT nodes and gateways is being increased as industries are pushed to improve their capacity for remote monitoring and optimize resource allocation.
• IoT nodes and gateways have grown rapidly as a result of Industry 4.0, the incorporation of digital technology into manufacturing processes.
• The market has benefited from advancements in wireless communication technologies like 5G.
• The IoT node and gateway market has also increased as a result of the adoption of edge computing brought about by the need for real-time data processing and analysis.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

• North America dominated the global market and had the largest market revenue share in 2023. A mature industrial landscape, widespread adoption of advanced technology, and strong infrastructure are all major factors contributing to the market's growth.
• Asia Pacific is expected to grow at a significant CAGR over the forecast period. This growth is owed to the region's major players, who are propelling innovation and producing affordable IoT gateways, nodes, and devices, which is boosting market expansion.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/iot-node-and-gateway-market

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

Polaris Market Research has segmented the IoT node and gateway market report based on component, connectivity type, and end-user:

𝐈𝐨𝐓 𝐍𝐨𝐝𝐞 𝐚𝐧𝐝 𝐆𝐚𝐭𝐞𝐰𝐚𝐲, 𝐂𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 (𝐑𝐞𝐯𝐞𝐧𝐮𝐞 - 𝐔𝐒𝐃 𝐁𝐢𝐥𝐥𝐢𝐨𝐧, 𝟐𝟎𝟏𝟗 - 𝟐𝟎𝟑𝟐)
• Hardware
• Software
• Services

𝐈𝐨𝐓 𝐍𝐨𝐝𝐞 𝐚𝐧𝐝 𝐆𝐚𝐭𝐞𝐰𝐚𝐲, 𝐂𝐨𝐧𝐧𝐞𝐜𝐭𝐢𝐯𝐢𝐭𝐲 𝐓𝐲𝐩𝐞 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 (𝐑𝐞𝐯𝐞𝐧𝐮𝐞 - 𝐔𝐒𝐃 𝐁𝐢𝐥𝐥𝐢𝐨𝐧, 𝟐𝟎𝟏𝟗 - 𝟐𝟎𝟑𝟐)
• Bluetooth
• Wifi
• Zigbee
• Others

𝐈𝐨𝐓 𝐍𝐨𝐝𝐞 𝐚𝐧𝐝 𝐆𝐚𝐭𝐞𝐰𝐚𝐲, 𝐄𝐧𝐝-𝐔𝐬𝐞𝐫 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 (𝐑𝐞𝐯𝐞𝐧𝐮𝐞 - 𝐔𝐒𝐃 𝐁𝐢𝐥𝐥𝐢𝐨𝐧, 𝟐𝟎𝟏𝟗 - 𝟐𝟎𝟑𝟐)
• Consumer Electronics
• Oil & Gas
• Building Automation
• Automotive & Transportation
• BFSI
• Healthcare
• Retail & E-Commerce
• Others

𝐓𝐨𝐩 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐨𝐟 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

OTA Testing Market:
https://www.polarismarketresearch.com/industry-analysis/ota-testing-market

AI Robot Dog Market:
https://www.polarismarketresearch.com/industry-analysis/ai-robot-dog-market

Very Small Aperture Terminal (VSAT) Market:
https://www.polarismarketresearch.com/industry-analysis/very-small-aperture-terminal-market

Offsite Data Center Power Infrastructure Market:
https://www.polarismarketresearch.com/industry-analysis/offsite-data-center-power-infrastructure-market

Cloud FinOps Market:
https://www.polarismarketresearch.com/industry-analysis/cloud-finops-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter

𝐀𝐛𝐨𝐮𝐭 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 & 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐢𝐧𝐠, 𝐈𝐧𝐜:

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

This release was published on openPR.