Scope of the Study
An IoT gateway or intelligent gateway or a control tier is defined as a physical device or software that serves as a gateway to connect the ‘things’ to the cloud. The gateway involves a connection point between cloud and controllers, sensors, and intelligent devices. The data retrieved is transferred to the cloud or vice versa and further it is navigated to the gateway, which can be either a dedicated hardware appliance or software program. Further, with rapid advancement in technology which is nullifying the security glitch of cloud by some value by providing its own level of security is driving the Global IoT gateway market.
The market study is being classified by Type (Wired and Wireless), by Application (Wearable Devices, Healthcare, Automotive & Transportation, Building Automation, Industrial and Consumer Electronics) and major geographies with country level break-up. According to AMA, the Global IoT Gateway market is expected to see growth rate of 14.84%
Siemens AG (Germany), Huawei Technologies Co. Ltd. (China), Fujitsu Ltd. (Japan), Toshiba Corporation (Japan), Dell Technologies (United States), Cisco Systems, Inc., (United States), Hewlett Packard Enterprises Company (United States), NEC Corporation (Japan), Mitsubishi Electric Corporation (Japan) and Intel Corporation (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Lantronix Inc. (United States), Robert Bosch GmbH (Germany), Sierra Wireless, Inc. (Canada), Eurotech SPA (Italy) and NXP Semiconductors (Netherlands).
The Global IoT Gateway market is fragmented with several national and international market players who are involved in strategic collaborations, product launch, and acquisitions. these tactics have kept players engaged. Hewlett Packard Enterprises Company’s collaboration, Bosch Rexroth, a subsidiary of Robert Bosch acquired Hytec Holdings (Pty.) Ltd, to extend its business to Africa. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global IoT Gateway market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global IoT Gateway market by Type, Application and Region.
On the basis of geography, the market of IoT Gateway has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End users, the sub-segment i.e. Process Industry will boost the IoT Gateway market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. MCU [Microcontrollers] will boost the IoT Gateway market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Nodes, the sub-segment i.e. Smartwatch will boost the IoT Gateway market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Number of Connected Devices Globally
- Advancement in Network Topologies
- Rising use of Wireless Sensor in Industrial and Commercial Applications
- Need for Big Data Analytics in Various Industries
- Improving Internet Connectivity in Technologically Advanced Countries
- High Installation Cost Due to Involvement of Multiple Gateways
- Integration of IoT Gateways in Smart Building Construction
- Increasing Focus on Providing End-end IoT Services
- Next Generation IoT Gateway
- Complexity Associated in Designing IoT Gateway
- Need for Skilled Professionals in IoT Gateway market
Market Leaders and their expansionary development strategies
In February 2017, Tata Communications is partnering with Hewlett Packard Enterprise (HPE) to support the roll-out of the former's Internet of Things platform, the LoRa network. The company will also work with HPE to provide a range of domestic and cross-border IoT connectivity and management services, particularly for applications requiring elements of mobility, such as connected cars, fleet management, and transportation services. and LoRa is essentially a wireless communication technology dedicated to the Internet of Things (IoT) / Machine to Machine (M2M) communications network.
Key Target AudienceIoT Gateway Service Providers, Raw Material and Manufacturing Equipment Suppliers, Electronic Design Automation (EDA) and Intellectual Property (IP) Core Vendors, Original Equipment Manufacturers (OEMs), Original Design Manufacturers (ODMs) and OEM Technology Solution Providers, Distributors and Retailers, Research Organizations, Technology Standard Organizations, Forums, Alliances, and Associations, Technology Investors, Operating System (OS) Vendors and Content Providers
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