Press release
IoT Gateway Market Include Key Players- NXP Semiconductors N.V., Intel Corporation, Mitsubishi Electric Corporation, ARM Holdings, Plc, Super Micro Computer
IoT Gateway Market: Introduction
Increased demand for Big Data analytics is changing the IoT gateway market to an extent in recent days. The demand of analytics boost the demand for IoT gateway in the market, as Big Data helps analyzing sensor data and starts data collection for many of the industrial machines, such as oil refineries, turbines and others. Moreover, it help organizations in optimizing their business decisions and innovating new business models, products, and service offerings.
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An IoT gateway is a physical device or software program that serves as the connection point between cloud and controllers, sensors, and intelligent devices. All data moving to the cloud or vice versa, goes through the gateway, which can be either a dedicated hardware appliance or software program. An IoT gateway may also be referred to as an intelligent gateway or a control tier.
IoT Gateway Market: Drivers and Challenges
Some of the drivers for the IoT Gateway Market are improved internet connectivity in technologically advancing countries, and increased IP address space and security solutions provided in IPv6. The main feature cum driver for the IoT Gateway market is that it nullifies the security glitch of cloud by some value by providing its own level of security.
One of the restraint for IoT Gateway Market is that the designing of this IoT gateway is complex and need skilled professionals for designing, which is not the case always.
IoT Gateway Market: Segmentation
The IoT Gateway Market can be segmented on the basis of end user, application, and region.
On the basis of end user the IoT Gateway Market can be divided into;
Process Industry
Discrete Industry
This segment showcase industries in which the network traffic analyzers are going to be used or by whom these network traffic analyzers are going to be used.
On the basis of application the IoT Gateway Market can be segmented into;
Remote monitoring
Preventive maintenance
Production optimization
This segment reflects, that in which particular applications IoT gateway can be used and the network traffic analyzer is available in the market.
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IoT Gateway Market: Key Players
Some of the key players of IoT Gateway Market are: NXP Semiconductors N.V., Intel Corporation, Mitsubishi Electric Corporation, ARM Holdings, Plc, Super Micro Computer, Inc. and others.
IoT Gateway Market: Regional Overview
On the basis of geography, IoT Gateway Market can be segmented across North America, Latin America, Europe, Asia Pacific Excluding Japan, Japan, and Middle East & Africa. Among various regions, the IoT Gateway Market in North America is expected to dominate during the forecast period, owing to many companies present in the region for IoT gateways. North America region is expected to be followed by Asia Pacific, and Europe.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies
The main aim of the report is to:
Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution
MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.
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