Published on: May 2022
No need to look any further - A compilation of stats that will blow your mind away
From 2021 to 2025, the industrial IoT gateway market is estimated to increase by USD 1.25 billion, with a CAGR of 16.63 percent. This Industry Data Analytics research report includes a study of the best-performing regions and industry segments, as well as essential insights into the challenges, newest drivers, and trends.
Challenges and Drivers in the market of Industrial Iot Gateway
The primary drivers and obstacles affecting the industrial IoT gateway market have been identified by Technavio. Our research shows that using industrial data for predictive maintenance is driving market growth. However, the market may be hampered throughout the projected period by factors such as high installation costs due to the necessity for several gateways.
Segmentation of the Market of Industrial Iot Gateway
Geographically, the industrial IoT gateway market is divided into North America, APAC, Europe, South America, and MEA. APAC will account for 36 percent of market growth throughout the projection period, with China being the most important country. The industrial IoT gateway market has been divided into process and discrete segments based on end-user. During the projected period, the process sector will see significant market share growth.
Key Vendors and Products:
Technavio has identified the market's most important vendors. Dell Technologies Inc., NXP Semiconductors NV, Advantech Co. Ltd., Siemens AG, Cisco Systems Inc., Hewlett Packard Enterprise Co., ASUSTeK Computer Inc., Huawei Investment and Holding Co. Ltd., Intel Corp., and Super Micro Computer Inc. are some of the companies involved.
The following are some of these vendors' primary offerings:
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