The global IoT gateway market is anticipated to grow at a significant CAGR of 17.33% during the forecast period (2021-2028). The advantages provided by IoT in different goods and service sectors show a significant growth of the global IoT gateway market in the coming year.
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Manufacturing – IoT gateway provides various opportunities for manufacturing companies. IoT gateway enhances the products to self-process, store data, communicate and interact within the industrial ecosystem. The IoT sensors help in generating data which helps in maintenance and reduce downtime. Moreover, machine learning strengthens productivity and Provides additive manufacturing for spare parts to reduce inventory costs. Hence, the broad application of IoT in manufacturing units, bost the growth of the market.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global IoT Gateway Market– Segmentation
by Component
- Processor
- Sensor
- Memory and Storage Device
by Connectivity
- Bluetooth
- Wi-Fi
- ZigBee
- Ethernet
- Cellular
by End User
- Automotive and Transportation
- Healthcare
- Industrial
- Consumer Electronics
- BFSI
- Oil and Gas
- Retail
- Aerospace and Defense
Global IoT Gateway Market by Region
North America
- US
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global IoT gateway market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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