Internet of Things (IoT) Node and Gateway Global Market Report 2024 - By Size, Share, Growth, Trends, Forecast To 2033

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Internet of Things (IoT) Node and Gateway Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $47.88 billion In 2028 At A CAGR Of 29.9% :
The internet of things (iot) node and gateway market size has grown exponentially in recent years. It will grow from $12.97 billion in 2023 to $16.83 billion in 2024 at a compound annual growth rate (CAGR) of 29.7%. The growth in the historic period can be attributed to proliferation of iot applications across industries, advancements in sensor technologies, growing connectivity and network infrastructure, increasing adoption of smart devices, rise in data analytics and cloud computing.

The internet of things (iot) node and gateway market size is expected to see exponential growth in the next few years. It will grow to $47.88 billion in 2028 at a compound annual growth rate (CAGR) of 29.9%. The growth in the forecast period can be attributed to expansion of 5g networks for iot connectivity, integration of edge computing in iot architectures, growth in industrial iot (iiot) deployments, development of low-power wide-area networks (lpwan), rising demand for secure iot connectivity solutions. Major trends in the forecast period include edge intelligence and processing in iot nodes, adoption of artificial intelligence (ai) in iot devices, focus on energy-efficient iot nodes and gateways, convergence of iot with blockchain technology, implementation of standardized iot protocols for interoperability.

Request A Sample Of This Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=5557&type=smp

Internet of Things (IoT) Node and Gateway Market Major Segments
The internet of things (iot) node and gateway market covered in this report is segmented -
1) By Component: Sensors, Processor, Connectivity IC, Logic Devices, Memory Devices
2) By Connectivity: Ethernet, Wi-fi, Bluetooth, Zigbee, Z-wave, Other Connectivities
3) By Application: Healthcare, Automotive And Transportation, Consumer Electronics, Industrial, BFSI, Oil And Gas, Aerospace And Defense, Other Applications
4) By End User: Industrial, Consumer

Key Driver - 5G Technology Driving Growth In The Internet Of Things (IOT) Node And Gateway Market
The emergence of 5G technology is expected to propel the growth of the IoT node and gateway market in the forecast period. 5G enables more stable and faster secure connectivity. 5G's enhanced bandwidth enables more data to be transferred in a given amount of time, and its decreased latency lets data reach its destination faster. These networks provide increased coverage, which supports multiple network topologies, allowing IoT nodes and gateways to communicate easily. For instance, according to a report by Ericsson, a Swedish telecoms corporation, the number of global 5G smartphone subscriptions climbed to 600 million in 2021, up three times from the number in 2020, and 5G subscribers are predicted to cross one billion by 2022. Therefore, the emergence of 5G technology propels the IoT node and gateway market growth.

Customise This Report As Per Your Requirements -
https://www.thebusinessresearchcompany.com/Customise?id=5557&type=smp

Prominent Trend - Technological Advancements In The IOT Node And Gateway Market
Technological advancement is a key trend gaining popularity in the IoT node and gateway market. Major companies operating in the IoT node and gateway sector are focused on developing a new technological solution for IoT nodes and gateway to meet consumer demand and strengthen their position. For instance, in March 2022, ADB SAFEGATE, a US-based provides integrated solutions, launched LINC Node, a Gateway for Airfield Ground Lighting Infrastructure to the Internet of Things. LINC Node offers a cloud solution that allows airfield ground information sharing and improves the potential to analyze the airport infrastructure, data, and alarm system which enhances the maintenance cycle.

Internet of Things (IoT) Node and Gateway Market Players
Major companies operating in the internet of things (iot) node and gateway market report are Dell Inc., Advantech Co. Ltd., TE Connectivity Ltd., Cisco Systems Inc., Aaeon Technology Inc., Microchip Technology Inc., Nexcom International Co. Ltd., Helium System Inc., Samsara Networks Inc., STMicroelectronics N. V., Eurotech S. P. A, Adlink Technology Inc., Mitsubishi Electric Corporation, Lantronix Inc., NXP Semiconductors N. V, The Hewlett Packard Enterprise Company, Arm Holdings plc, Intel Corporation, Huawei Technologies Co. Ltd., Texas Instruments Incorporated, Notion Labs Inc., Beep Inc., Estimote Inc., Kontron S&T AG, Moxa Inc., MultiTech Systems Inc., NimbeLink LLC, Particle Industries Inc., Red Lion Controls Inc., Rigado LLC, Sierra Wireless Inc.

View The Full Report Here -
https://www.thebusinessresearchcompany.com/report/internet-of-things-iot-node-and-gateway-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the internet of things (IoT) node and gateway market in 2023. The regions covered in the internet of things (iot) node and gateway market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Internet of Things (IoT) Node and Gateway Market Report Structure
3. Internet of Things (IoT) Node and Gateway Market Trends And Strategies
4. Internet of Things (IoT) Node and Gateway Market - Macro Economic Scenario
5. Internet of Things (IoT) Node and Gateway Market Size And Growth
…..
27. Internet of Things (IoT) Node and Gateway Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ"

Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.