|11-09-2017 01:23 PM CET - Advertising, Media Consulting, Marketing Research||
Leading Players (Aaeon Technology Inc., Adlink Technology Inc., Advantech Co., Ltd., Beep Inc., Cisco Systems Inc.) in "Global IOT Node and Gateway Market" Worth USD 3.5 billion by 2024
Press release from: Data Bridge Market Research
Global IOT Node and Gateway Market with figures as recent as 2017 and forecasts up to 2024 provides an overview of the industry including its definition, size, share, growth, applications and manufacturing technology. Report also explores the major industry players in detail as well as company profile, product specifications, capacity and production value.
Global IOT Node and Gateway Market accounted to USD 3.5 billion in 2016 growing at a CAGR of 31.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global IOT Node and Gateway Market By Hardware (Processor, Sensors, Connectivity IC, Memory Devices, Logic Devices) By Application (Wearable Devices, Healthcare, Automotive & Transportation, Building Automation, Industrial, Consumer Electronics, Retail, Banking, Financial Services, and Insurance (BFSI, Oil & Gas, Agriculture, Aerospace and Defense, Others) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
Major Market Competitors:
Some of the major players operating in IOT node and gateway market are:
• Aaeon Technology Inc.,
• Adlink Technology Inc.,
• Advantech Co., Ltd.,
• Beep Inc.,
• Cisco Systems Inc.,
• Dell Inc.,
• Estimote Inc.,
• Eurotech S.P.A,
• Helium Systems Inc.,
• Hewlett Packard Enterprise Co.,
• Huawei Investment & Holding Co., Ltd.,
• Intel Corporation,
• Microchip Technology Inc.,
• NXP Semiconductors N.V.,
• Nexcom International Co., Ltd.,
• Notion, Samsara Networks Inc.,
• Stmicroelectronics N.V.,
• TE Connectivity Ltd.,
• Texas Instruments Incorporated
In 2017, NXP Semiconductor N.V., partners with Amazon Web service to successfully complete the integration of Amazon Greengrass on its Layerscape Intelligent Gateway platform.
IOT Node and Gateway Market are highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flow cytometry market for global, Europe, North America, Asia Pacific and South America.
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Major Market Drivers and Restraints:
• Availability of Internet Connectivity
• Growth in use of wireless sensors
• Increased IP address space and better security solution through IPV6
• Growing Market of Connected Devices
• Concerns regarding the security and privacy of the user data
On the basis of hardware:- IOT node and gateway market is segmented into Processor, Sensors, Connectivity IC, Memory Devices, and Logic Devices. The memory devices market is expected to grow in the forecasted period.
On the basis of application:- the IOT node and gateway market is segmented into Wearable Devices, Healthcare, Automotive & Transportation, Building Automation, Industrial, Consumer Electronics, Retail, Banking, Financial Services, and Insurance (BFSI, Oil & Gas, Agriculture, Aerospace and Defense, Others. The Oil & Gas market is expected to grow in the forecasted period.
On the basis of geography:- North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
In 2017, North America is expected to dominate the market.
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