Press release
Global IOT Gateway Market Valued $21.5 Bn by 2026 | Intel Corporation, Mitsubishi Electric Corporation, NXP Semiconductors, Cisco, Hewlett Packard Enterprise Development LP, TE Connectivity, STMicroeletcronics, Advantech Co.Ltd., Dell and others
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Market Analysis:-
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.
Most important Developments in 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.
Major Companies Operating in IOT Gateway Market:
•Intel Corporation
•Mitsubishi Electric Corporation
•NXP Semiconductors
•Arm Limited
•Cisco
•Hewlett Packard Enterprise Development LP
•TE Connectivity
•STMicroeletcronics
•Advantech
•Dell
•EUROTECH
•AAEON
•ADLINK Technology
•NEXCOM International
•Microchip Technology
•Notion Labs
•Samsara and Estimote
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Market Drivers & Restraints:
•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.
•Distortion due to complex network architecture.
•Lack of security and privacy of user data.
Segmentation: Global IoT Gateways Market
By Node
•Smart Watch
•Camera
•RADAR
•Thermostat
•Actuator
•Smart TV
Connectivity Technology
•Bluetooth
•Wi-Fi
•ZigBee
•Ethernet,
•Z-Wave
Component
•MCU
•FPGA
•Sensor
•Memory
Application
•Wearable Devices,
•Healthcare,
•Automotive & Transportation,
•Building Automation,
•Industrial
•Consumer Electronics
Geography
•North America
•South America
•Rest of South America
•Europe
•United Kingdom
•Asia-Pacific
•Middle East and Africa
•South Africa
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