Global IOT Node and Gateway Market to 2032

Overview

The Global IOT Node and Gateway Market is expected to reach a 8.15 USD Billion by 2032 and is projected to grow at a CAGR of 14.81% from 2025 to 2032.

Revenue, 2024 (USD Billion)
2.48
Forecast, 2032 (USD Billion)
8.15
CAGR, 2024 - 2032
14.81%
Report Coverage
Global

Global IOT Node and Gateway Market 2018-2032 USD Billion

Global IOT Node and Gateway Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 2.48 USD Billion
  • Projected Market Size (2032): 8.15 USD Billion
  • CAGR (2025-2032): 14.81%

Key Findings of Global IOT Node and Gateway Market

  • The Global IOT Node and Gateway Market was valued at 8.15 USD Billion in 2024.
  • The Global IOT Node and Gateway Market is likely to grow at a CAGR of 14.81% 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 0.99 USD Billion
  • The fastest growing segment Consumer Electronics in Application Segment grew Fastest with a CAGR of 16.23% during the forecast period from 2024 to 2032.

Global IOT Node and Gateway Market Scope

Global IOT Node and Gateway Market Segmentation & Scope
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
Component
  • Logic Devices
  • Memory Devices
  • Connectivity IC
  • Processors
  • Sensors
Connectivity
  • Others
  • Z-Wave
  • Zigbee
  • Bluetooth
  • Wi-Fi
  • Ethernet

Global IOT Node and Gateway Market Data Coverage Insights

Study Period 2024-2032
Base Year 2020
Unit Revenue in USD Billion
Market Value in 2024 2.48 USD Billion
Market Value in 2032 8.15 USD Billion
CAGR (2025-2032) 14.81%
Historic Data 2016-2023
Market Segments Covered Application,Component,Connectivity

Regional Insights:

  • Leading Market (2024-2032): Global, leading in terms of revenue 2.48 USD Billion in 2024
    • Key Country: U.S., leading in terms of revenue with value of 724.46 USD Million in 2024.

Segments and Scope

  • Global IOT Node and Gateway Market to 2032, By Application
    • Wearable Devices is the largest segment in Global IOT Node and Gateway Market to 2032 with a revenue of 584.98 USD Billion in the year 2024.
    • Consumer Electronics is the Fastest growing segment in Global IOT Node and Gateway Market to 2032 with a Growth rate of 15.71 % in forecast period 2025-2032.
  • Global IOT Node and Gateway Market to 2032, By Component
    • Sensors is the largest segment in Global IOT Node and Gateway Market to 2032 with a revenue of 993.77 USD Billion in the year 2024.
    • Sensors is the Fastest growing segment in Global IOT Node and Gateway Market to 2032 with a Growth rate of 15.51 % in forecast period 2025-2032.
  • Global IOT Node and Gateway Market to 2032, By Connectivity
    • Ethernet is the largest segment in Global IOT Node and Gateway Market to 2032 with a revenue of 798.93 USD Billion in the year 2024.
    • Wi-Fi is the Fastest growing segment in Global IOT Node and Gateway Market to 2032 with a Growth rate of 15.24 % in forecast period 2025-2032.

Global IOT Node and Gateway Market Company Share Analysis

 
Global IOT Node and Gateway Market Company Share Analysis
Global IOT Node and Gateway Market Company Share Analysis

Global IOT Node and Gateway Market Geographical Sales Distribution, 2018-2032 USD Billion

Global IOT Node and Gateway Market Geographical Sales Distribution, 2018-2032 USD Billion

Global IOT Node and Gateway Market Company Profiling

Global IOT Node and Gateway Market Company Profiling
Frequently Asked Questions
The Global IOT Node and Gateway Market is segmented based on Segmentation Application,Component,Connectivity.
Global IOT Node and Gateway Market was valued at USD 2.48(Revenue in USD Billion) in 2020.
Global IOT Node and Gateway Market is projected to grow at a CAGR of 14.81% during the forecast period of 2024 to 2032.
The Sensors segment is expected to dominate the Global IOT Node and Gateway Market, holding a largest market share of 0.99 USD Billion in 2024

Coming Soon....

Global IOT Node and Gateway Market Scope

Global IOT Node and Gateway Market Segmentation & Scope
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
Component
  • Logic Devices
  • Memory Devices
  • Connectivity IC
  • Processors
  • Sensors
Connectivity
  • Others
  • Z-Wave
  • Zigbee
  • Bluetooth
  • Wi-Fi
  • Ethernet
Frequently Asked Questions
The Global IOT Node and Gateway Market is segmented based on Segmentation Application,Component,Connectivity.
Global IOT Node and Gateway Market was valued at USD 2.48(Revenue in USD Billion) in 2020.
Global IOT Node and Gateway Market is projected to grow at a CAGR of 14.81% during the forecast period of 2024 to 2032.
The estimated market value of the Global IOT Node and Gateway Market for final year is USD 8.15 (USD Billion).

Global IOT Node and Gateway Market Company Profiling

Global IOT Node and Gateway Market Company Profiling
Frequently Asked Questions
The Global IOT Node and Gateway Market is segmented based on Segmentation Application,Component,Connectivity.
Global IOT Node and Gateway Market was valued at USD 2.48(Revenue in USD Billion) in 2020.
Global IOT Node and Gateway Market is projected to grow at a CAGR of 14.81% during the forecast period of 2024 to 2032.
The estimated market value of the Global IOT Node and Gateway Market for final year is USD 8.15 (USD Billion).

Related Markets

HAVE A QUESTION?

Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.