Cellular Iot Gateways Market Size & Analysis By 2022 -2029 -ADTRAN, AT&T Mobility, Airspan Networks, Airvana, Alcatel-Lucent, Aptilo Networks, Arcadyan Technology, Argela, Aruba Networks, Aviat Networks, Marvell, China Mobile, Cisco, Comcast, Contela, Dev

Mr Accuracy Reports announces the release of the report ' Cellular Iot Gateways Market Research Report by Category, form, Product, Type, End-User, Region - Global Forecast to 2027. The primary drivers of this growth are the increasing need for market information and sustainability of key trends.' The internet industry report further includes market shortcomings, stability, growth drivers, restraining factors, opportunities over the forecast period. Our market research report forecasts in depth comprehensive analysis of the global market, presenting you with the newest insights of our leading analysts.

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"The Global Cellular Iot Gateways Market size was estimated at a reasonable million USD in 2021 and expected to reach a healthy million USD in 2022, and is projected to grow at a steady CAGR to get a prominent million USD by 2027."

The market was studied across External Cellular Iot Gateways and Internal Cellular Iot Gateways based on Category. Report provides a basic overview of the industry including definitions, classifications, applications and Cellular Iot Gateways industry chain structure.
Top Companies in this report are: ADTRAN, AT&T Mobility, Airspan Networks, Airvana, Alcatel-Lucent, Aptilo Networks, Arcadyan Technology, Argela, Aruba Networks, Aviat Networks, Marvell, China Mobile, Cisco, Comcast, Contela, Devicescape, Eircom, Ericsson, Huawei, Juniper Networks, KDDI, Kineto Wireless, Korea Telecom, Motorola Solutions, NEC

Cellular IoT Gateways: Market Taxonomy
The global market for cellular IoT gateways has been segmented on the basis of type of cellular network, end-use of IoT gateways, and region. NB-IoT, NB-LTE-M, 4G, LTE, 3G, and 2G are the key cellular networks used in the working of IoT gateways. Healthcare, telecommunications, military, retail, and BFSI are the end-use industries in the global cellular IoT gateways market.

The regional analysis has been provided across key geographies such as Japan, Asia-Pacific excluding Japan (APEJ), North America, Middle East & Africa (MEA), Eastern Europe, Western Europe and Latin America. Additional information on cross-segment analysis and country-based market size forecast have been delivered in the report as well.

Segmentation

The report offers an in-depth assessment of the Cellular Iot Gateways market strategies, geographic and business segments of the key players in the market, also provides insights on current and future market trends, prominent regional market analysis and industry chain analysis of the global and regional Cellular Iot Gateways markets.

Cellular Iot Gateways Market Segmentation by Type:

NB-IoT, NB-LTE-M, 4G, LTE, 3G/2G/4G/5G/LTE-M.

Cellular Iot Gateways Market Segmentation by Application:

Healthcare, Telecommunications, Military, Retail, BFSI

The publisher defines cellular IoT gateways as standalone devices intended for connecting machines to a cellular network. These include primarily general-purpose cellular routers, gateways and modems that are enclosed in a chassis with external power supply, no display and at least one input/output port. Trackers, telematics devices and other specialised devices are excluded from this report.

The publisher has found that more than 3.7 million IoT gateways were sold globally during 2020 at a total market value of approximately US$ 1.01 billion, roughly flat from the previous year. The Americas is the largest geographical market, accounting for about US$ 546 million. The average selling price in the region is significantly higher compared to other markets, primarily due to a higher share of feature-rich, high-speed 4G LTE devices in the product mix.

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The market value of the European and Asia-Pacific regions accounted for US$ 254 million and US$ 184 million respectively. The publisher forecasts that shipments of cellular IoT gateways will grow at a CAGR of 14.4 percent in the next five years to reach 7.2 million units in 2025. The publisher ranks US-based Cradlepoint as the market leader with an estimated US$ 260 million in annual revenues from IoT gateway sales (adjusted for comparability due to the company's subscription model). Cisco is the second largest provider with an estimated US$_100 million in annual revenues.

Top players further include Sierra Wireless, Digi International and Teltonika Networks, which generated an estimated US$ 91 million, US$ 69 million and US$ 49 million respectively from the sales of cellular IoT gateways. The top five vendors held a combined market share of about 56 percent.

Other vendors with a significant presence in the cellular IoT gateway market are Robustel, InHand Networks, Peplink, HMS Networks and MultiTech. Close to all the top ten cellular IoT gateway vendors shipped more than 100,000 devices in the year. Notable vendors further include Systech, Casa Systems and Lantronix in North America, Hongdian, Four-Faith, Milesight IoT and Moxa in the Asia-Pacific region, and Advantech, Matrix Electronica, NetModule, Westermo, Eurotech, Thales and Option in Europe.

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Market drivers:



The rising number of connected devices throughout the industrial sectors has been the huge driving factor for the IoT gateways market demand. As the industrial sectors are generating a huge quantity of data, the demand for cyber protection and advanced security protocols have increased in recent years. These factors have significantly increased the IoT Gateways market demand in the industrial sectors. As the IoT Gateways are capable of providing multi-level authentication and end-to-end encryption to the data to protect the data from security breaches



In recent years, intelligent sensors are playing a vital role in every industrial and commercial sector, even in residential sectors. Even small and medium organizations are adopting IoT-enabled sensors with cloud technology to manage essential operations. Sensing heat, humidity, air conditioning, refrigeration in the industries, commercial shops, residential units are crucial in the developed countries. This factor is currently a major driver of the IoT Gateways market.



Market opportunities:



Continuous development in the industry offers attractive functionalities to the end-users. Especially, the custom-designed IoT devices which can monitor the air quality are crucial in the health care industry. The air quality sensors operated with the IoT environment have significantly improved the health condition of the patients in hospitals. The IoT devices that can connect with data visualization tools help ineffective management and provide insight into compliance.



To retain the position in the market the vendors are increasingly working in promoting the features and continuously provide to support tools. Especially the advent of modular IoT Gateways is capable of supporting wireless protocols like Wifi, thread, and Zigbee. The extensive usage of IoT devices in the airlines' segment in segregating baggage and handling the missing baggage cases has also increased the IoT Gateways market value in the airlines' sector.



Market restraints:



The growing demand for extensive data protection protocols because of cyber-attacks and security breaches in various enterprises has been a huge restraining factor for the IoT Gateways Market growth.



The usage of wireless devices like laptops, smartphones, and tablets has led to the exposure of critical data. The cyber-attack concerns have reduced the demand for wireless IoT Gateways in industrial sectors.



Market challenges:



Currently, the standardization of communication protocols of the IoT technology is at the developing stage. However it's expected to be matured with growing researches in the industry, these factors impose a significant challenge for the growth of the IoT Gateways market. The industry lacks communication standards and protocols.



Higher power consumption and network latency are ever existing challenges, since the internet users lose interest in the network latency issues, the IoT Gateways market is experiencing a decline with these factors. The IoT Gateways that connect the sensors require higher network bandwidth and faces significant connectivity challenges.



Cumulative growth analysis:



Currently, the memory segment is expected to reach over 16% CAGR by 2027 as the industrial sectors are increasingly using semiconductor memory for IoT Gateway devices.

As poor connectivity is imposing issues in the IoT ecosystem, industrial sectors are intensively utilizing Semiconductor memory storage to prevent data losses. Additionally, the vendors are increasingly working in the market to bring in advanced memory components in the gateway devices. Combating the data retention the IoT Gateways market value is expected to grow in the forecast period.



The dropping production costs and energy efficiency features have attributed to the overall growth of the IoT Gateways market. The European Commission has recently stated about their increasing investment in building smart cities in the nation. The country is aiming to build over 300 smart cities shortly. Such increasing investments towards smart cities influence the IoT Gateways market growth.

Value chain analysis:

The IoT Gateways are capable of communicating with the external sensor networks; additionally, they are capable of performing the preprocessing, filtering data at the edge. The effective management of data has made the industries deploy IoT Gateways in their premises. Recently the advancements have made the IoT Gateways handle inbound and outbound traffic with the cloud. They act as routing devices and perform preprocessing at the edge before sending them to the cloud. This functionality significantly reduces transmission costs and response time.

Several sectors are deploying IoT Gateways as they are capable of performing operations at minimal power consumption and establishes effective communication with the cloud which is ineffective otherwise. The IoT Gateways perform effectively when integrated with edge computing, big data analysis. The increasing adaptation of IoT devices and edge computing is significantly influencing the IoT Gateways market share, globally. Since the digital twin project is currently maturing, the IoT Gateways market is expected to witness prominent growth in the forecast period.

Segment overview:

Based on type:

Lightly rugged
rugged
compact
ultra-compact
Based on the component:

field-programmable gate array (FPGA),
microcontroller units (MCU)
sensor
memory card
others
Based on connectivity:

Bluetooth
Wi-Fi
ZigBee
Ethernet
Cellular
others
Based on applications:

consumer electronics
building automation
automotive and transportation
wearable devices
Based on sectors:

healthcare
industrial
oil & gas
aerospace
defense
education
agriculture
BFSI
Government
Based on node:

Smartwatch
smart TV
actuator
camera
RADAR
thermostat
others
Regional analysis:

Among several other countries, North America is comprised of advanced IT companies hence the country is expected to reach a market value of over USD 5522.5 Million by the year 2025. Also, currently, the country is holding the highest market share. Other than North America, Asia-pacific, and Europe are experiencing higher opportunities for the IoT Gateways market growth. Several developing countries like India and Europe are highly focusing on smart cities and related technologies. These impart significant scope for the IoT Gateways market growth.

Competitive landscape:

Hewlett Packard Enterprise Company (U.S.),
Cisco Systems, Inc. (U.S.),
Huawei Technologies Co. Ltd. (China),
Advantech B+B Smartworx (U.S.),
Bitrective AS (Norway),
Advantech Corporation (Taiwan),
Eurotech (Italy),
Sierra Wireless (Canada),
Volansys Technologies Pvt. Ltd. (U.S.)
Recent developments:

As several big shots in industrial sectors generate a huge quantity of data, excessive data load has been a challenge for the growth of the IoT Gateways market. However, developments have been incorporated in recent times to combat the issue. Techniques like load balancing techniques, cluster managers are integrated with the infrastructure to mitigate the issue. A potential cluster manager defines a threshold for every gateway and transfers the excessive data to the nearby gateway when the data exceeds the threshold. This process reduces the processing time.

The integration of pumps, conveyors, and cyber-immune technology has made the gateway to protect the systems from cyber-attacks. The development of intelligent IoT Gateway protects the system from several security breaches and protects the data and system effectively.

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