Middle East and Africa IoT Node and Gateway Market, By Component (Sensors, Processors, Connectivity IC, Memory Devices, Logic 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) - Industry Trends and Forecast to 2030.
Middle East and Africa IoT Node and Gateway Market Analysis and Size
The rising spending on IoT infrastructure and growing demand of smartphones has attributes the demand for the IoT gateway in the market. Furthermore, the rising internet user increasing the demand for the wireless technologies is one of the prominent factors for the market growth. The IoT infrastructure encompasses various connectivity solutions, including ethernet, Wi-Fi, bluetooth, zigBee, z-Wave and others.
Data Bridge Market Research analyses that the Middle East and Africa IoT node and gateway market which was USD 175.18 million in 2022, is expected to reach USD 558.66 million by 2030, and is expected to undergo a CAGR of 15.2% during the forecast period of 2023 to 2030. The Middle East and Africa region is experiencing a growing adoption of IoT solutions across various industries. IoT nodes and gateways serve as crucial components in building connected systems and enabling data collection, analysis, and communication between devices. The need for real-time monitoring, automation, and improved operational efficiency is driving the demand for IoT solutions, thus propelling the market for IoT nodes and gateways. 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.
Middle East and Africa IoT Node and Gateway Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Component (Sensors, Processors, Connectivity IC, Memory Devices, Logic 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, and Others)
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Countries Covered
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South Africa, U.A.E., Egypt, Saudi Arabia, Israel and Rest of Middle East and Africa
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Market Players Covered
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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), Texas Instruments Incorporated (U.S.), TE Connectivity (Switzerland), and VOLANSYS Technologies (India)
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Market Opportunities
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Market Definition
The Middle East and Africa IoT node and gateway market refers to hardware, software, and services related to IoT nodes and gateways that facilitate the seamless integration and communication between IoT devices, sensors, and networks. IoT nodes are devices that act as endpoints in an IoT network, typically equipped with sensors, processors, and connectivity capabilities to collect and transmit data. IoT gateways, on the other hand, serve as intermediaries between IoT devices and the cloud or centralized servers, aggregating and managing data from multiple devices. The Middle East and Africa IoT node and gateway market encompasses various verticals, including consumer electronics, automotive, healthcare, agriculture, energy, manufacturing, transportation, and smart cities. It involves the deployment of IoT nodes and gateways in applications such as asset tracking, remote monitoring, predictive maintenance, smart grid management, industrial automation, and connected devices.
Middle East and Africa IoT Node and Gateway Market Dynamics
Drivers
- Government Initiatives and Support
Governments in the Middle East and Africa are actively promoting digital transformation and technology adoption. They are launching initiatives, policies, and funding programs to encourage IoT implementation across various sectors, including healthcare, transportation, agriculture, and energy. These government-driven initiatives are creating a favourable environment for the adoption of IoT nodes and gateways, driving market growth.
- Growing Connectivity and Network Infrastructure
The expansion of telecommunications networks, including 4G and 5G, and the increasing availability of high-speed internet connectivity in the region are enabling the proliferation of IoT devices and applications. IoT nodes and gateways are essential for connecting and aggregating data from a wide range of IoT devices, enabling seamless communication and data transfer. The development of robust network infrastructure is driving the growth of the Middle East and Africa IoT node and gateway market.
- Industrial Automation and Smart Manufacturing
The region is witnessing a significant focus on industrial automation and smart manufacturing initiatives. IoT nodes and gateways play a vital role in connecting and integrating industrial devices, sensors, and systems, enabling data-driven decision-making, predictive maintenance, and process optimization. The push for digital transformation and Industry 4.0 concepts in the manufacturing sector is driving the demand for IoT nodes and gateways.
Opportunity
- Cloud Computing Platforms and Advanced Analytics Capabilities
There is a significant opportunity for the development of industry-specific IoT solutions tailored to the unique needs of sectors such as healthcare, agriculture, transportation, energy, and manufacturing. By designing and implementing IoT nodes and gateways that address specific industry challenges and requirements, companies can tap into niche markets and cater to specialized applications. The integration of IoT nodes and gateways with cloud computing platforms and advanced analytics capabilities opens up opportunities for data aggregation, storage, and analysis. Companies can develop innovative solutions that leverage cloud-based platforms for scalable data processing, predictive analytics, and actionable insights. This enables improved decision-making, operational efficiency, and the development of new value-added services.
Restraint/Challenge
- Inadequate Connectivity and Limited Internet Coverage
On the other hand, the region may have limitations in terms of network infrastructure, particularly in rural and remote areas. Inadequate connectivity and limited internet coverage can pose challenges to the widespread deployment and operation of IoT nodes and gateways. Addressing infrastructure gaps and expanding network coverage is crucial for the market's growth. Security and Privacy Concerns: IoT deployments involve the collection and transmission of sensitive data, which raises concerns about security and privacy. Protecting IoT devices, networks, and data from cyber threats and unauthorized access is a significant challenge. Ensuring robust security measures, implementing encryption protocols, and adhering to privacy regulations are essential for building trust in IoT solutions are projected to challenge the market in the forecast period of 2023-2030.
This Middle East and Africa 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 Middle East and Africa 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.
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.
Recent Developments
- In October 2017, Eurotech had expanded their product portfolio by introducing new IoT gateway named as ReliaGATE 10-1. This product has capability to handle more application cases. This product launch helps the company to strengthen their position in the application segment as well
- In February 2017, Dell Inc had launched the hyper- new Dell Edge Gateway 3000 Series portfolio. This solutions is specially designed for the customers those requires intelligence, connectivity and flexibility for small spaces and harsh environments. This product launches result in increasing customer base for dell edge gateway product line
Middle East and Africa IoT Node and Gateway Market Scope
The Middle East and Africa IoT node and gateway market is segmented on the basis of component, connectivity, and application. The growth amongst these segments will help you analyse 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
- Memory Devices
- Logic 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
Middle East and Africa IoT Node and Gateway Market Analysis/Insights
The Middle East and Africa IoT node and gateway market is analysed and market size insights and trends are provided by country, component, connectivity, and application as referenced above.
The countries covered in the Middle East and Africa IoT node and gateway market are South Africa, U.A.E., Egypt, Saudi Arabia, Israel and Rest of Middle East and Africa
U.A.E. dominates the Middle East and Africa IoT Node and Gateway Market because of its rapid development in various sectors, including technology and infrastructure.
Saudi Arabia is the fastest growing country due to a focus on smart city initiatives, advanced surveillance systems, and a growing consumer electronics market.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts 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 Middle East and Africa IoT Node and Gateway Market Analysis
The Middle East and Africa 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 company’s focus related to Middle East and Africa IoT node and gateway market
Some of the major players operating in the Middle East and Africa 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),
- Texas Instruments Incorporated (U.S.),
- TE Connectivity (Switzerland)
- VOLANSYS Technologies (India)
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