Press Releases

The global IoT node and gateway market is anticipated to grow at a 7.2% CAGR during the forecast period. IoT nodes and gateways are pivotal components of the IoT network, serving as a communication link between the IoT sensor network and the data centre. They provide security, network device compatibility, smart device-to-cloud connectivity, and IoT device configuration management. Networking hardware uses IoT nodes and gateways. In the coming years, there will be growth in the global IoT node and gateway market due to the increased usage of wireless sensors, the development of application-specific microcontroller units, the emergence of 5G technology, growing use of biometric systems in various components such as smartphones, and advancements in internet technology. The increased adoption of internet services and rising demand for connected devices will further accelerate market development. The IoT gateway includes inbuilt intelligence that evaluates and decides which data should be cached and which should be transferred over the network for processing in order to reduce data transfer costs and application processing power. Also, IoT nodes and gateways add an extra layer of security between physical devices and the data centre. The IoT node and gateway are major elements of an IoT system and architecture because they help bridge the communication gap between network devices and data transfer to the cloud. Thus, IoT node and gateway technology is feasible and cost-effective, as well as simple to deploy and configure Also, it supports ramp-IP/ramp-down of IoT sensor networks.

In June 2022, Microsoft and STMicroelectronics are collaborating to develop a comprehensive MCU security platform.

Bowse 43 market data Tables and 30 Figures spread through 200 Pages and in-depth TOC on "IoT Node and Gateway Market by Component (Hardware, Processors, Connectivity Integrated Circuits (ICs), Sensors, Memory Devices, and Logic Devices), by End-Use Application (Industrial and Consumer), and Region - Global Forecast to 2030

By component, the connectivity IC is anticipated to have the largest market share during the forecast period.

Based on Component, the Global IoT Node and Gateway Market are segmented into Hardware, Processors, Connectivity Integrated Circuits (ICs), Sensors, Memory Devices, and Logic Devices. Connectivity IC is expected to hold the largest share in the market owing to rising market demand for better edge devices connection and increased development in low-power connectivity technologies like BLE, Bluetooth, and Wi-Fi.

Global IoT Node and Gateway Market Segmentation and Key Players

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“North America dominates the market in IoT Node and Gateway Industry.”

North America contributes the largest share in the IoT node and gateway market owing to the rising prominence of the internet in residential and commercial areas, surging consumer base, rising disposable income, and enhanced IT infrastructure.

Some of the major players in the global IoT Node and Gateway industry include Dell Inc., Eurotech S.p.A., NXP Semiconductors, Cisco Systems, Inc., Advantech Co., Ltd., Hewlett Packard Enterprise Development LP, Huawei Technologies Co., Ltd., Intel Corporation, STMicroelectronics, and Microchip Technology Inc.

Global IoT Node and Gateway Market Coverage

Component Insight and Forecast 2025-2030

• Hardware
  • Microcontroller
  • Application Processor
  • Microprocessor
  • Digital Signal Processor
• Processors
• Connectivity Integrated Circuits (ICs)
• Sensors
• Memory Devices
• Logic Devices

End-Use Application Insight and Forecast 2025-2030

• Industrial
  • Healthcare
  • Automotive & Transportation
  • Building Automation
  • Retail
  • BFSI
  • Oil & Gas
  • Aerospace & Defense
  • Agriculture
  • Others
• Consumer
  • Wearable Devices
  • Consumer Electronics

Geographical Segmentation

IoT Node and Gateway Market by Region

North America

• By Component
• By End-Use Application
• By Country – U.S., Canada, and Mexico

Europe

• By Component
• By End-Use Application
• By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

• By Component
• By End-Use Application
• By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

• By Component
• By End-Use Application
• By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries