Asia-Pacific Internet of Things (IoT) Node and Gateway Market – Industry Trends and Forecast to 2030

Asia-Pacific Internet of Things (IoT) Node and Gateway Market, ByComponent (Sensors, Processors, Connectivity IC, Memory Devices, and Logic Devices), Connectivity (Ethernet, Wi-Fi, Bluetooth, ZigBee, Z-Wave and Others), Application (Wearable Devices, Consumer Electronics, HealthcareAutomotive and Transportation, Industrial, Building Automation, Retail, Aerospace and Defense, Banking, Financial Services and Insurance (BFSI), Oil and Gas, Agriculture and Others) – Industry Trends and Forecast to 2030.

 Asia-Pacific Internet of Things (IoT) Node and Gateway Market Analysis and Size

Internet of things (IoT) node and gateway play a vital role in the Internet of things (IoT) network and work as a communication channel between data center and IoT sensor network. They provide security, smart device-to-cloud connection, and network device compatibility and configuration management of IoT devices. They offer an extra security layer between data center and physical devices. The IoT node and gateway are the essential elements in IoT system because they help bridge the communication gap between data transfer to the cloud and the different devices on the network.

Data Bridge Market Research analyses that the internet of things (IoT) node and gateway market was valued at USD 290.28 million in 2022 and is expected to reach the value of USD 1159.50 million by 2030, at a CAGR of 18.90% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Asia-Pacific Internet of Things (IoT) Node and Gateway Market Scope and Segmentation

Market Definition

An internet of things (IoT) node and gateway software and device performs essential tasks in protocol conversion, connecting devices, security and filtering of data and processing, and others. As many peripheral systems such as devices, controllers, cloud and sensors, it acts as junction for them. internet of things (IoT) node and gateway are used for facilitating communication with non-internet connected devices, buffering, data caching and streaming, data filtering, pre-processing, cleansing, and optimization, data visualization, and others.

Asia-Pacific Internet of Things (IoT) Node and Gateway Market Dynamics

Driver

• Increasing usage of Internet of things (IoT) node and gateway in wearable technologies

In wearable technologies, Internet of things (IoT) node and gateway devices provide an extensive range of functionality, ranging from monitoring heart rate and calories burnt to innovative smart features similar to smartphones. The best innovative wearable devices allow consumers to click pictures and view them, record videos, read text messages and e-mails, respond to voice commands and browse the web.

• Growing demand for Internet of things (IoT) node and gateway throughout the industrial sectors

Increasing usage of connected devices in the industrial sectors has been the major driving factor for the growth of the IoT gateways market. As the industrial sectors are creating a huge quantity of data due to which, the demand for advanced security protocols and cyber protection has increased in recent years. These factors have considerably augmented the demand for the Internet of things (IoT) node and gateway in the industrial sectors. As the internet of things (IoT) node and gateway are capable of providing end-to-end encryption and multi-level authentication to protect the data from security breaches

Opportunities

• Increasing emergence of 5G technology

The emergence of 5G technology is likely to create ample opportunities for the growth of the Internet of things (IoT) node and gateway market during the forecast period. 5G enables faster secure and more stable connectivity. 5G's increased bandwidth allows more information to be transferred in a given time, and its reduced latency lets data reach its destination faster. These networks offer augmented coverage, which aids several network topologies allowing internet of things (IoT) node and gateway to communicate efficiently. For instance, as per the report of Ericsson, the number of global 5G smartphone subscriptions increased to 600 million in 2021, up three times from the number in 2020, and 5G subscribers are expected to cross approx one billion by 2022. Thus, the emergence of 5G technology boosts the growth of the Internet of things (IoT) node and gateway market in this region.

Restraints

• Increasing concern regarding cyber-attacks and security breaches

The increasing demand for extensive data protection protocols due to security breaches and cyber-attacks in several enterprises has been a major restraining factor for the growth of the Internet of things (IoT) node and gateway market. Moreover, the increasing usage of wireless devices such as smartphones, laptops and tablets has exposed critical data. The cyber-attack concerns have decreased the demand for the wireless the Internet of things (IoT) node and gateway in industrial sectors.

 This internet of things (IoT) node and gateway market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Internet of things (IoT) node and gateway market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Internet of Things (IoT) Node and Gateway Market

An increase in the number of cases of COVID-19 is resulting in an economic slowdown across the globe. Developed countries are intensely affected by this pandemic. COVID-19 has negatively impacted the growth of the on the Internet of things (IoT) node and gateway market because companies are reducing their investment in new services and technologies to sustain themselves in the competitive market. The market is anticipated to grow in upcoming years because companies start growing revenues to revive from the economic downturn associated with COVID-19 pandemic.

 Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Asia-Pacific Internet of Things (IoT) Node and Gateway Market Scope

The internet of things (IoT) node and gateway market is segmented based on the component, connectivity and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Component

• Sensors
• Processors
• Connectivity IC
• Logic Devices
• Memory Devices

Connectivity

• Ethernet
• Wi-Fi
• Bluetooth
• Zigbee
• Z-Wave
• Others

Application

• Wearable Devices
• Consumer Electronics
• Healthcare
• Automotive and Transportation
• Industrial
• Building Automation
• Retail
• Aerospace and Defense
• Banking, Financial Services and Insurance (BFSI)
• Oil and Gas
• Agriculture
• Others

 Internet of Things (IoT) Node and Gateway Market Regional Analysis/Insights

The internet of things (IoT) node and gateway market is analyzed and market size insights and trends are provided by country type, component, connectivity and application as referenced above.

The countries covered in the Internet of things (IoT) node and gateway market report are report  China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC).

China dominates the Asia-Pacific internet of things (IoT) node and gateway market due to growing internet penetration and the increasing requirement for wireless connectivity solution. Moreover, many developing countries such as India and china are highly focusing on the smart cities and related technologies. These impart substantial scope for the Internet of things (IoT) node and gateway market growth.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Internet of Things (IoT) Node and Gateway Market Share Analysis

The internet of things (IoT) node and gateway market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Internet of things (IoT) node and gateway market.

Some of the major players operating in the Internet of things (IoT) node and gateway market are:

• Dell (U.S.)
• EUROTECH (India)
• NXP Semiconductors (Netherlands)
• Cisco (U.S.)
• Advantech Co., Ltd. (Taiwan)
• AAEON (Taiwan)
• ADLINK Technology Inc. (Taiwan)
• ARM LIMITED (U.K.)
• Cradlepoint, Inc (U.S.)
• Embitel (India)
• Helium Systems Inc. (U.S.)
• Hewlett Packard Enterprise Development LP (India)
• Huawei Technologies Co., Ltd (China)
• Intel Corporation (U.S.)
• Lantronix, Inc (U.S.)
• Microchip Technology Inc (U.S.)
• Mitsubishi Electric Corporation (Japan)
• NEXCOM International Co., Ltd (Taiwan)
• Samsara Inc. (U.S.)
• STMicroelectronics (Switzerland)
• Texas Instruments Incorporated (U.S.)
• TE Connectivity (Switzerland)
• VOLANSYS Technologies (India)

 Research Methodology: Asia-Pacific Internet of Things (IoT) Node and Gateway Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The stage includes the obtainment of market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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