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Explosive Growth Ahead in Global IoT Node and Gateway Market: Anticipated CAGR of 28.6% by 2025, Fuelled by Rising IoT Applications and 5G Investment

01-16-2025 11:08 AM CET | IT, New Media & Software

Press release from: The Business research company

IoT Node and Gateway Market

IoT Node and Gateway Market

Will the IoT Node and Gateway Market Live up to its Explosive Growth Expectations?
• The IoT node and gateway market is projected to expand from $16.51 billion in 2024 to $21.23 billion in 2025 at a CAGR of 28.6%.
• Key growth drivers include proliferation of IoT applications across industries, advancements in sensor technology, growing connectivity, and network infrastructure improvements.
• The market is expected to continue its exponential growth, reaching a staggering $63.29 billion in 2029 at a CAGR of 31.4%.
• Key trends projected for the future include expansion of 5G networks for IoT connectivity, integration of edge computing in IoT architectures, growth in industrial IoT deployments, development of low-power wide-area networks (LPWAN), and rising demand for secure IoT connectivity solutions.

Why is the IoT Node and Gateway Market Growing At Such A Rapid Pace?
The primary accelerator behind the burgeoning IoT node and gateway market is the emergence, expansion, and adoption of 5G technology. This latest generation of mobile networks delivers superior stability, enhanced bandwidth, decreased latency, and crucially, it enables more IoT devices to connect and communicate. In 2024, IoT Analytics GmbH reported that connected IoT devices had already reached 16.6 billion, a 15% increase from the previous year. Predictions indicate an upward trend, with totals reaching 40 billion devices in 2030.

For More Detailed Insights: https://www.thebusinessresearchcompany.com/sample.aspx?id=7625&type=smp

Who are the Goliaths of the IoT Node and Gateway Market?
• 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.

What Are Some Major Trends in the IoT Node and Gateway Market?
• Adoption of edge intelligence and processing in IoT nodes.
• Rising use of artificial intelligence in IoT devices.
• Focus on energy-efficient IoT nodes and gateways.
• Convergence of IoT with blockchain technology.
• Implementation of standardized IoT protocols for interoperability.
How is the Global IoT Node and Gateway Market Segmented?
• By Component: Sensors, Processor, Connectivity IC, and Logic Devices, Memory Devices
• By Connectivity: Ethernet, Wi-Fi, Bluetooth, Zigbee, Z-Wave, and Other Connectivities
• By Application: Healthcare, Automotive And Transportation, Consumer Electronics, Industrial, BFSI, Oil And Gas, Aerospace And Defense, and Other Applications
• By End User: Industrial and Consumer

Which Region Dominates the IoT Node and Gateway Market?
In 2024, the largest region in the IoT node and gateway market was North America. Other regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.

Ensure Early Access to the Full Report: https://www.thebusinessresearchcompany.com/report/internet-advertising-global-market-report

Report Details:
- Analysis of market size by key regions, countries, product types, and applications.
- Identifying subsegments within the IoT Node and Gateway Market for effective categorization.
- Focusing on key players to define their market value, share, and competitive landscape.
- Examining individual growth trends and prospects in the market.
- Evaluating the contributions of different segments to the IoT Node and Gateway Market growth.
- Detailing key factors influencing market growth, including opportunities and drivers.
- Analyzing challenges and risks affecting the IoT Node and Gateway Market.
- Analyzing competitive developments, like expansions, agreements, and new product launches in the market.

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