IOT Gateways Market Future Analysis Report | Top Competitors Intel Corporation, Mitsubishi Electric Corporation, NXP Semiconductors, Arm Limited, Cisco, Hewlett Packard Enterprise Development LP, TE Connectivity

The global IoT gateways market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of IoT gateways market for global, Europe, North America, Asia Pacific and South America

Global IoT Gateways Market is expected to reach USD 21.5 billion by 2026 from USD 7.3 billion in 2018 and is projected to grow at a CAGR of 14.4% in the forecast period of 2019 to 2026. The upcoming market report contains data for historic years 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

IoT gateways can be essential in making this connection possible because gateways act as bridges between sensors/devices and the cloud. Many sensors/devices will “talk” to a gateway and the gateway will then take all that information and “talk” to the cloud.

At a high level, this is actually the way that cellular technology works too. Your phone doesn’t communicate directly with other phones, but instead communicates with the nearby cellular tower which in turn communicates with the cellular provider’s (e.g. AT&T’s) servers. Information then flows the opposite way, from the cellular provider’s servers, to towers, to someone else’s phone. For IoT applications, the underlying concept is the exact same, just switch out gateway for cellular tower and the cloud for the cellular provider’s servers.

Crucial Developments in the Market:
• In 2018, Bosch launched an IoT data management service, which enabled in providing service that receives every data and store it initially in a raw format with FTP and HTTP interface. It also analyzes the data with the help of MongoDB and NoSQL that visualizes the user-defined dashboards.
• In 2018, Etisalat Digital launched an IoT (Internet of Things) gateway solution that used in beneficial for vending machines, payment kiosks, traffic lights, radars, digital signage and smart metering.

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Major Market Competitors IOT Gateway Market:
• Intel Corporation
• Mitsubishi Electric Corporation
• NXP Semiconductors
• Arm Limited
• Cisco
• Hewlett Packard Enterprise Development LP
• TE Connectivity
• STMicroeletcronics
• Advantech Co
• Dell
• EUROTECH
• AAEON
• ADLINK Technology Inc.
• NEXCOM International Co
• Microchip Technology Inc.
• Notion Labs, Inc.
• Samsara and Estimote

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Market Drivers:
• Increasing demand in providing security in IPv6.
• Growing demand in building automation system.
• Research and development took place to improve the local area networks (LANs) and wide area networks (WANs).
• Rising demand in manufacturing miniaturization processors.

Market Restraints:
• Distortion due to complex network architecture.
• Lack of security and privacy of user data.

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Market Segmentation:
• By Node,
o Smart Watch
o Camera
o RADAR
o Thermostat
o Actuator
o Smart TV
o Others
• By Connectivity Technology,
o Bluetooth
o Wi-Fi
o ZigBee
o Ethernet,
o Z-Wave
o Others
• By Component,
o MCU
o FPGA
o Sensor
o Memory
o Others
• By Application,
o Wearable Devices,
o Healthcare,
o Automotive & Transportation,
o Building Automation,
o Industrial,
o Consumer Electronics.
• By Geography
o North America
 US
 Canada
 Mexico
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