Europe IOT Node and Gateway Market to 2032
Overview
The Europe IOT Node and Gateway Market is expected to reach a 2,541.31 USD Million by 2032 and is projected to grow at a CAGR of 27.78% from 2025 to 2032.
Revenue, 2024 (USD Million)
720.72
Forecast, 2032 (USD Million)
2,541.31
CAGR, 2024 - 2032
27.78%
Report Coverage
Europe
Europe IOT Node and Gateway Market 2018-2032 USD Million
Europe IOT Node and Gateway Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 720.72 USD Million
- Projected Market Size (2032): 2,541.31 USD Million
- CAGR (2025-2032): 27.78%
Key Findings of Europe IOT Node and Gateway Market
- The Europe IOT Node and Gateway Market was valued at 720.72 USD Million in 2024.
- The Europe IOT Node and Gateway Market is likely to grow at a CAGR of 27.78% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Sensors in Component Segment accounted for the largest share of the market with a revenue of 286.09 USD Million
- The fastest growing segment Consumer Electronics in Application Segment grew Fastest with a CAGR of 30.69% during the forecast period from 2024 to 2032.
Europe IOT Node and Gateway Market Scope
Europe IOT Node and Gateway Market Segmentation & Scope
Component
- Logic Devices
- Memory Devices
- Connectivity IC
- Processors
- Sensors
Connectivity
- Others
- Z-Wave
- Zigbee
- Bluetooth
- Wi-Fi
- Ethernet
Application
- Others
- Agriculture
- Oil and Gas
- Banking ,Financial Services and Insurance(BFSI)
- Aerospace & Defense
- Retail
- Buildling Automation
- Industrial
- Automotive & Transportation
- Healthcare
- Consumer Electronics
- Wearable Devices
Europe IOT Node and Gateway Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 720.72 USD Million |
| Market Value in 2032 | 2,541.31 USD Million |
| CAGR (2025-2032) | 27.78% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Component,Connectivity,Application |
Regional Insights:
-
Leading Market (2024-2032): Europe, leading in terms of revenue 720.72 USD Million in 2024
- Key Country: U.K., leading in terms of revenue with value of 160.60 USD Million in 2024.
Segments and Scope
-
Europe IOT Node and Gateway Market to 2032, By Component
- Sensors is the largest segment in Europe IOT Node and Gateway Market to 2032 with a revenue of 286.09 USD Million in the year 2024.
- Sensors is the Fastest growing segment in Europe IOT Node and Gateway Market to 2032 with a Growth rate of 29.55 % in forecast period 2025-2032.
-
Europe IOT Node and Gateway Market to 2032, By Connectivity
- Ethernet is the largest segment in Europe IOT Node and Gateway Market to 2032 with a revenue of 227.95 USD Million in the year 2024.
- Ethernet is the Fastest growing segment in Europe IOT Node and Gateway Market to 2032 with a Growth rate of 28.91 % in forecast period 2025-2032.
-
Europe IOT Node and Gateway Market to 2032, By Application
- Wearable Devices is the largest segment in Europe IOT Node and Gateway Market to 2032 with a revenue of 201.95 USD Million in the year 2024.
- Consumer Electronics is the Fastest growing segment in Europe IOT Node and Gateway Market to 2032 with a Growth rate of 29.10 % in forecast period 2025-2032.
Europe IOT Node and Gateway Market Company Share Analysis
Europe IOT Node and Gateway Market Geographical Sales Distribution, 2018-2032 USD Million
Europe IOT Node and Gateway Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Europe IOT Node and Gateway Market is segmented based on Segmentation Component,Connectivity,Application.
Europe IOT Node and Gateway Market was valued at USD 720.72(Revenue in USD Million) in 2020.
Europe IOT Node and Gateway Market is projected to grow at a CAGR of 27.78% during the forecast period of 2024 to 2032.
The Sensors segment is expected to dominate the Europe IOT Node and Gateway Market, holding a largest market share of 286.09 USD Million in 2024
Europe IOT Node and Gateway Market Scope
Europe IOT Node and Gateway Market Segmentation & Scope
Component
- Logic Devices
- Memory Devices
- Connectivity IC
- Processors
- Sensors
Connectivity
- Others
- Z-Wave
- Zigbee
- Bluetooth
- Wi-Fi
- Ethernet
Application
- Others
- Agriculture
- Oil and Gas
- Banking ,Financial Services and Insurance(BFSI)
- Aerospace & Defense
- Retail
- Buildling Automation
- Industrial
- Automotive & Transportation
- Healthcare
- Consumer Electronics
- Wearable Devices
Frequently Asked Questions
The Europe IOT Node and Gateway Market is segmented based on Segmentation Component,Connectivity,Application.
Europe IOT Node and Gateway Market was valued at USD 720.72(Revenue in USD Million) in 2020.
Europe IOT Node and Gateway Market is projected to grow at a CAGR of 27.78% during the forecast period of 2024 to 2032.
The estimated market value of the Europe IOT Node and Gateway Market for final year is USD 2,541.31 (USD Million).
Europe IOT Node and Gateway Market Company Profiling
Frequently Asked Questions
The Europe IOT Node and Gateway Market is segmented based on Segmentation Component,Connectivity,Application.
Europe IOT Node and Gateway Market was valued at USD 720.72(Revenue in USD Million) in 2020.
Europe IOT Node and Gateway Market is projected to grow at a CAGR of 27.78% during the forecast period of 2024 to 2032.
The estimated market value of the Europe IOT Node and Gateway Market for final year is USD 2,541.31 (USD Million).
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