An IoT node and gateway device and software performs vital tasks in areas such as security and filtering of data and processing, connecting devices, protocol conversion, and others. As various peripheral systems include controllers, devices, sensors and cloud, it acts as intersection for them. Therefore, extra security, storage and processing services to the end nodes is offering at power efficient and cost-effective level by the usage of IoT node and gateway. Furthermore, various communication technologies are used to allow nodes to talk to each other within the network. The global IoT node and gateway market is projected to witness a significant growth in the forecast period from as there lies enormous growth potential in its end-use applications such as BFSI, defense, retail, and aerospace. The rising IP address space, enhanced security provided by IPv6 and improvements in internet connectivity worldwide are some of the propellers of the growth of the global IoT node and gateway market. The increasing initiatives by governments and development in the IT infrastructure, particularly in developing economies such as Brazil, China and India is also one of the key factors favoring the growth of this market. The increased usage of wireless sensors, rise in application specific microcontroller units and better internet connectivity shall fuel the growth of the global IoT node and gateway market in the years to come. Furthermore, the rising shipment of logics devices on account of the increasing adoption of wearable devices by the tech savvy consumers of today has fueled the growth of this market. Wearable technology has obtained significant traction in the recent times in countries such as China, Brazil and India and is boosting the growth prospects of the overall IoT node and gateway market. In addition to this, the internet penetration along with the increasing use of smartphones and tablets enables online payments and this factor will help to propel the IoT node and gateway market over the forecast period. Moreover, the healthcare and building automation also commands substantial market share in the IoT node and gateway market. However, the concerns about the security and privacy of user data will restrain the market growth.

Furthermore, the governments around the world are supporting and investing research and development of IoT to fuel their productivity. Governments of various countries are seeking for enhancements and innovation in key areas such as energy conservation through smart meters, smart traffic management systems, and security system improvements through smart cameras, thus creating opportunities for the market.

The global IoT Node and Gateway Market is segregated on the basis of component as Industrial Sensors, Industrial Robots, Industrial 3D Printers and Machine Vision Systems. Based on Solution the global IoT Node and Gateway Market is segmented in Manufacturing Execution System (MES), Plant Asset Management (PAM), SCADA, Industrial Safety and Others. Based on Industry Vertical the global IoT Node and Gateway Market is segmented in Automotive, Semiconductor & Electronics, Chemicals & Pharmaceuticals, Food & Beverages, Oil & Gas, Aerospace & Defense, Medical Devices and Others.

The global IoT Node and Gateway Market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The IoT Node and Gateway Market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Analysis

Aaeon Technology Inc., Adlink Technology Inc., Advantech Co. Ltd., Beep Inc., Cisco Systems Inc. and others are among the major players in the global IoT Node and Gateway Market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

• In April 2021, Intel Corporation introduced new 3rd Generation Intel Xeon Scalable processors — integrated with Intel’s portfolio of Intel Optane persistent memory and storage, Ethernet adapters, FPGAs and enhanced software solutions.
• In February 2021, Huawei Technologies and China Mobile adopted the world's first 4.9 GHz commercial LampSite network in Shanghai, China. This was the first time that an aggregate bandwidth of 200 MHz on the 2.6 and 4.9 GHz bands and allocated Massive MIMO were concurrently applied in digital indoor networks.
• In October 2020, NXP Semiconductors N.V. entered into a partnership with Au-Zone Technologies (Canada) for extending NXP’s eIQ Machine Learning (ML) software development environment with easy-to-use ML tools coupled with the extension of its offering of silicon-optimized inference engines for Edge ML.

The global IoT Node and Gateway Market has been segmented as below:

IoT Node and Gateway Market, By Connectivity

• Industrial Sensors
• Industrial Robots
• Industrial 3D Printers
• Machine Vision Systems

IoT Node and Gateway Market, By Hardware

• Connectivity IC
• Processors
• Sensors
• Logic Devices
• Memory Devices

IoT Node and Gateway Market, By End users

• Consumer Electronics
• Oil & Gas
• Agriculture
• Automotive
• BFSI
• Transportation
• Healthcare
• Aerospace & Defense
• Retail
• Others

IoT Node and Gateway Market, By Region

• Europe
• North America
• Asia Pacific
• Rest of The World

IoT Node and Gateway Market, By Company

• Aaeon Technology Inc.
• Adlink Technology Inc.
• Advantech Co. Ltd.
• Beep Inc.
• Cisco Systems Inc.
• Dell Technologies
• Estimote Inc.
• Eutotech S.p.A.
• Helium Systems Inc.
• Hewlett Packard Enterprise Co.
• Huawei Technologies Co. Ltd.
• Intel Corporation
• Microchip Technology Inc.
• Nexcom International Co. Ltd
• Notion
• NXP Semiconductors N.V.

The report covers the below scope:

• Global IoT Node and Gateway Market sizes from 2020 to 2026, along with CAGR for 2020-2026
• Market size comparison for 2019 vs 2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to 2026
• Global IoT Node and Gateway Market trends, covering comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global IoT Node and Gateway Market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management

Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

• Base year - 2019
• Estimated year - 2019
• Projected year - 2020
• Forecast period - 2021 to 2026

Report Scope:

The global IoT Node and Gateway Market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global IoT Node and Gateway Market share. Major industry players with significant revenue share include Aaeon Technology Inc., Adlink Technology Inc., Advantech Co. Ltd., Beep Inc., Cisco Systems Inc. and others.

Why to Buy this Report:

• Gain detailed insights on the IoT Node and Gateway industry trends
• Find complete analysis on the market status
• Identify the IoT Node and Gateway Market opportunities and growth segments
• Analyse competitive dynamics by evaluating business segments & product portfolios
• Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

• The report targeted towards the existing players in the industry is as follows:
• Market Manufacturers/Service Providers
• Market Wholesale/Traders
• Investment and Financial Institutions

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