Cellular IoT Gateways Market to see Rapid Growth by 2029

Cellular IoT gateways market is estimated to grow at a CAGR during the forecast period. A cellular IoT gateway router is a smart Internet gateway that allows IoT devices and sensors to connect to the Internet using the gateway router's cellular WAN connections. This enables the IoT system to function without the need for a hard-wired internet connection, such as Ethernet, fibre, cable, or DSLR.

Many mission-critical functions can be fulfilled by a cellular IoT gateway router, including If the wired connection breaks, providing fail-over redundancy for mission-critical applications. IoT gateway routers provide an internet connection to remote locales where wired internet is unreliable or unavailable, such as farming communities in extremely rural areas, mining sites, and developing countries.

The anticipated deployment of 5G, or fifth-generation cellular mobile communications, is expected to boost the IoT sector. This is since 5G networks will improve the performance and reliability of these linked devices significantly. 5G will solve the need for a faster, higher-capacity network that can meet connection requirements. The increased bandwidth of cellular networks is enabled by the broader spectrum available for use, allowing more devices to connect. For Instance, In April 2021, New Intel Xeon Scalable CPUs, along with Intel's portfolio of Intel Optane announced persistent memory and storage, Ethernet adapters, FPGAs, and optimised software solutions.

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Market Coverage

· The market number available for - 2021-2029

· Base year- 2021

· Forecast period- 2023-2029

Segment Covered-

· By Component

· By Connectivity

· By Application

Competitive Landscape: Intel Corporation, Huawei Technologies Co., Ltd., NXP Semiconductor N.V., Texas Instruments Incorporated, Cisco Systems, Inc. among others.

Cellular IoT Gateways Market by Segments,

By Component

• MCU

• FPGA

• Sensor

• Memory Card

• Others

By Connectivity

• Bluetooth

• Wi-Fi

• ZigBee

• Ethernet

• Cellular

• Others

By Application

• Wearable Devices

• Healthcare

• Automotive And Transportation

• Building Automation

• Industrial

• Consumer Electronics

• Others

A full Report of Global Cellular IoT Gateways Market is Available at: https://www.omrglobal.com/industry-reports/cellular-iot-gateways-market

Cellular IoT Gateways Market By region,

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

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