The Controller Area Network (CAN) Bus Device Internet of Things (IoT) Gateways Market Is Projected to Reach $2.49 Billion by 2030 - Exclusive Analysis by The Business Research Company

The connectivity between vehicles and the internet is transforming the way data is managed and utilized in automotive and industrial sectors. One critical technology enabling this transformation is the controller area network (CAN) bus device internet of things (IoT) gateways. These devices play a pivotal role in connecting CAN protocol-based systems to broader IoT networks, allowing real-time data access and control. Let's explore the current market landscape, growth drivers, and regional highlights of this evolving market.

Market Size and Projected Growth of the CAN Bus Device IoT Gateways Market
The market for controller area network (CAN) bus device internet of things (IoT) gateways has experienced significant expansion in recent years. It is projected to increase from $1.67 billion in 2025 to $1.8 billion in 2026, achieving a compound annual growth rate (CAGR) of 8.2%. This growth during the historical period has been fueled by growing use of CAN-bus systems in automotive and industrial vehicles, rising industrial automation, the adoption of embedded gateway solutions, the need for real-time monitoring, and expanding manufacturing IoT initiatives.

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Looking ahead, the market is set for continued robust growth, expected to reach $2.49 billion by 2030 with a CAGR of 8.5%. This forecasted rise is driven by factors such as increasing deployment of cloud-based CAN-bus gateways, heightened demand for electric power communication networks, greater use in off-highway and commercial vehicles, the proliferation of hybrid and connected deployment models, and a growing emphasis on predictive maintenance and analytics. Key trends shaping the market include the adoption of dual and quad CAN-bus port gateways, increased cloud-based deployment solutions, deeper integration with industrial control systems, enhanced high-speed and large data communication capabilities, and a stronger focus on vehicle network diagnostics and testing.

Understanding the Role of CAN Bus Device IoT Gateways
Controller area network (CAN) bus device IoT gateways serve as hardware interfaces that link devices operating on the CAN protocol to IoT ecosystems. Essentially, they convert CAN-bus signals into IP-based communication, enabling data from vehicles, machinery, or industrial equipment to be monitored and managed remotely. These gateways support real-time data acquisition, control functions, and seamless integration with cloud platforms or analytics tools, making them essential for modern connected systems.

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Key Drivers Behind the Expansion of the CAN Bus Device IoT Gateways Market
One of the primary factors propelling the growth of the CAN bus device IoT gateways market is the rising adoption of connected vehicles. These vehicles are equipped with internet connectivity and wireless communication features that allow data exchange with external systems and other vehicles. The increasing consumer demand for enhanced safety functionalities is a major contributor to the popularity of connected vehicles. Modern drivers seek advanced driver assistance systems and access to real-time traffic updates to promote safer and more efficient driving.

CAN bus device IoT gateways facilitate the functionality of connected vehicles by bridging in-vehicle CAN data with cloud-based platforms. This connection enables real-time monitoring, predictive maintenance, remote diagnostics, and vehicle-to-everything (V2X) communication. These processes turn raw automotive data into actionable insights, improving safety, operational efficiency, and overall user experience. For instance, the 2024 Annual Report from the 5G Automotive Association (5GAA), a Germany-based cross-industry group, highlights that over 300 million vehicles worldwide now feature advanced connectivity. This surge in connected vehicles directly supports growth in the CAN bus device IoT gateways market.

Regional Market Leadership and Growth Prospects
In terms of regional dominance, North America was the largest market for controller area network (CAN) bus device IoT gateways in 2025. Meanwhile, Asia-Pacific is forecast to experience the fastest growth throughout the coming years. The market report covers a wide geographic scope, including Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, providing a comprehensive view of global market trends and opportunities.

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This release was published on openPR.