Global Internet of Things (IoT) Node and Gateway Market Report 2022 – Market Forecast, Trends And Strategies

4 Feb, 2022

The global internet of things (IoT) node and gateway market is expected to grow from $7.54 billion in 2021 to $10.21 billion in 2022 at a compound annual growth rate (CAGR) of 35.4%. The growth in the internet of things node and gateway market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The IoT node and gateway market size is expected to reach $29.56 billion in 2026 at a CAGR of 30.4%.

What is the Global Internet of Things (IoT) Node and Gateway Market?

The internet of things (IoT) node and gateway market consist of sales of IoT node and gateway components by entities (organizations, proprietors, partnerships) that serve as the connection point between the sensors and intelligent devices, cloud and controllers, thus facilitating connections between different data sources and destinations. IoT node and gateway are used for facilitating communication with legacy or non-internet connected devices, data caching, buffering and streaming, data pre-processing, cleansing, filtering, and optimization, data visualization, and others.

Get a Sample of the global internet of things (IoT) node and gateway market report
https://www.thebusinessresearchcompany.com/sample.aspx?id=5557&&type=smp

What drives the Global Internet of Things (IoT) Node and Gateway Market?

The emergence of 5G technology is expected to propel the growth of the IoT node and gateway market in the forecast period. 5G enables more stable and faster secure connectivity. 5G's enhanced bandwidth enables more data to be transferred in a given amount of time, and its decreased latency lets data reach its destination faster. These networks provide increased coverage, which supports multiple network topologies allowing IoT nodes and gateways to communicate easily. For instance, according to a report by Ericsson, a Swedish telecoms corporation, the number of global 5G smartphone subscriptions climbed to 600 million in 2021, up three times from the number in 2020, and 5G subscribers are predicted to cross one billion by 2022. Therefore, the emergence of 5G technology propels the growth of the IoT node and gateway market.

Get the full global internet of things (IoT) node and gateway industry report here:

https://www.thebusinessresearchcompany.com/report/internet-of-things-iot-node-and-gateway-global-market-report

Global Internet of Things (IoT) Node and Gateway Market Segments
The global internet of things (IoT) node and gateway market is segmented:
By Component: Sensors, Processor, Connectivity IC, Logic Devices, Memory Devices
By Connectivity: Ethernet, Wi-Fi, Bluetooth, Zigbee, Z-wave, Others
By Application: Healthcare, Automotive and Transportation, Consumer Electronics, Industrial, BFSI, Oil and Gas, Aerospace and Defense, Others
By End User: Industrial, Consumer
By Geography: The regions covered in the internet of things (IoT) node and gateway market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global internet of things (IoT) node and gateway market.

Internet of Things (IoT) Node and Gateway Global Market Report 2022provides market size and growth forecasts for the global internet of things (IoT) node and gateway market, global internet of things (IoT) node and gateway market share, internet of things (IoT) node and gateway market segments and geographies, internet of things (IoT) node and gateway market competitive landscape including leading competitors’ revenues, profiles and market shares. The internet of things (IoT) node and gateway market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Internet of Things (IoT) Node and Gateway Industry Playersinclude Dell, Advantech Co. Ltd., TE Connectivity, Cisco Systems Inc., Aaeon Technology Inc., Microchip Technology Inc., Nexcom International Co. Ltd, Helium System Inc., Samsara Networks Inc., STMicroelectronics N.V., Eurotech S.P.A, Adlink Technology Inc., Mitsubishi Electric Corporation, Lantronix Inc, Nexcom International Co. Ltd, NXP Semiconductors N.V, Hewlett Packard Enterprise, and Arm Holdings. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.