- IoT gateway refers to a physical device which enables software program serving as a connection point among controllers, sensors, clouds and intelligent devices. The IoT gateways structures are found in the shape of building blocks which assist in increasing the wireless sensing application in IoT module.
- The repository and network of edge flow among clouds and devices of the IoT gateways securely provide various functions including security, data filtering, device connectivity and protocol transaction. These gateways are configured with CSPs, NaaS providers and service providers across numerous regions.
- North America dominates the IoT gateways market due to the numerous investments in renovation, capacity addition, automotive industries and upgrading in the oil and gas and power.
- Europe is expected to witness significant growth during the forecast period of 2025 to 2032 because of the increasing government investments in smart infrastructure projects, rapid development of smart infrastructure and presence of major automotive OEMs in the region.
- MCU segment is expected to dominate the market with a market share of 53.34% due to its its cost-effectiveness, low power consumption, and widespread use in managing edge-level data in IoT devices. MCUs are ideal for smart home systems, industrial automation, and wearable tech, as they can efficiently process sensor data and enable real-time decision-making
