Industrial IoT Gateway Market to Grow at CAGR of 13.64% to 2023 – Analysis of Advantech, ASUSTeK Computer (AAEON Technologies), Cisco Systems, Dell Technologies, and Hewlett Packard Enterprise Development

MarketResearchNest.com adds “Global Industrial IoT Gateway Market 2019-2023” new reports to its research database. The report spread across 109 pages with tables and figures in it.

Research analysts forecast the Global Industrial IoT Gateway Market to grow at a CAGR of 13.64% during the period 2019-2023.

An industrial IoT gateway is a switching device used for aggregating, filtering, and processing sensor data by providing a highly-secured platform. The report covers the present scenario and the growth prospects of the industrial IoT gateway market. To calculate the market size, the report considers the revenue generated from the retail sales of industrial IoT gateway solutions across the globe.

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Researcher recognizes the following companies as the key players in the global industrial IoT gateway market: Advantech, ASUSTeK Computer (AAEON Technologies), Cisco Systems, Dell Technologies, and Hewlett Packard Enterprise Development.

One trend affecting this market is the increasing focus on providing end-to-end services. The rising need for IoT gateway architecture to enhance the effective interaction between machines with increased data sets is expected to augment the growth of the global industrial IoT gateway market over the next few years.

Key questions answered in this report
* What will the market size be in 2023 and what will the growth rate be?
* What are the key market trends?
* What is driving this market?
* What are the challenges to market growth?
* Who are the key vendors in this market space?
* What are the market opportunities and threats faced by the key vendors?
* What are the strengths and weaknesses of the key vendors?

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According to the report, one driver influencing this market is the rise in demand for IoT gateway devices. Most of the end-users are shifting their focus towards predictive maintenance as it helps in reducing production downtime and increases operational efficiency which is going favor the growth of the global industrial IoT gateway market.

Further, the report states that one challenge affecting this market is the high installation cost due to the need for multiple gateways. Multiple gateways for a single network increase the overall cost for the end-users which is expected to hinder the growth of the market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Get more details about report at https://www.marketresearchnest.com/Global-Industrial-IoT-Gateway-Market-2019-2023-.html .

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