IoT Gateway Market Scope
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.
According to AMA, the Global IoT Gateway market is expected to see growth rate of 14.84%
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 estimates that United States Players will contribute to the maximum growth of Global IoT Gateway market throughout the predicted period.
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 that are part of study coverage. 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 research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global IoT Gateway market by Type (Wired and Wireless), by Application (Wearable Devices, Healthcare, Automotive & Transportation, Building Automation, Industrial and Consumer Electronics) and Region with country level break-up.
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).
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.
- Need for Big Data Analytics in Various Industries
- Improving Internet Connectivity in Technologically Advanced Countries
- Increasing Number of Connected Devices Globally
- Advancement in Network Topologies
- Rising use of Wireless Sensor in Industrial and Commercial Applications
- Integration of IoT Gateways in Smart Building Construction
- Increasing Focus on Providing End-end IoT Services
- Next Generation IoT Gateway
- High Installation Cost Due to Involvement of Multiple Gateways
- Complexity Associated in Designing IoT Gateway
- Need for Skilled Professionals in IoT Gateway market
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