What is Industrial Iot Gateway Market?
Industrial IoT Gateway are small devices used to connect the existing infrastructure to the Internet, thus enabling the use of cloud services. These devices does not need be modify the existing systems and can be merely integrated in the system as an additional component. It ensures data generated by devices and systems can reach with security and safety from device to the cloud and return without replacement of existing infrastructure. The main feature of IoT Gateway to nullify the security glitch of cloud by some value by providing its own level of security.
Highlights from Industrial Iot Gateway Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Huawei Investment & Holding Co. Ltd. (China), Intel Corporation (United States), Advantech Co. Ltd. (Taiwan), ASUSTeK Computer Inc. (Taiwan), Cisco Systems Inc. (United States), Dell Technologies Inc. (United States), Hewlett Packard Enterprise Co.(United States), NXP Semiconductors NV (United States), Siemens AG (Germany), Super Micro Computer Inc. (United States) and Lantronix (United States) |
Huawei Investment & Holding Co. Ltd. (China), Intel Corporation (United States), Advantech Co. Ltd. (Taiwan), ASUSTeK Computer Inc. (Taiwan), Cisco Systems Inc. (United States), Dell Technologies Inc. (United States), Hewlett Packard Enterprise Co.(United States), NXP Semiconductors NV (United States), Siemens AG (Germany), Super Micro Computer Inc. (United States) and Lantronix (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are AAEON Technology Inc(Taiwan), Eurotech (Italy), ADLINK Technology Inc. (Taiwan), Phoenix Contact (United Kingdom) and CASCADEMIC Solutions Pvt. Ltd (India). Industrial Iot Gateway Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Remote Monitoring, Preventive Maintenance, Production Optimization and Other |
Type | Bus-based and Broker based |
Architectures Type | Bus-based (DDS, REST, XMPP),Broker based (AMPQ, CoAP, MQTT, JMI) |
Components | Processor,Sensor,Connectivity IC,Memory Device,Logic Device |
Industry Verticals | Manufacturing,Consumer Electronics,Building Automation,Automotive & Transportation,Others |
Connectivity | Wi-Fi,Bluetooth,Ethernet,Others |
On the basis of geography, the market of Industrial Iot Gateway has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Trend for Industrie 4.0 and Big Data Analytics
Market Growth Drivers:
Adoption Of Internet Connectivity In End User Industries, Growing Need For Security Solutions And Develop Individual Services and Growing Use Of Wireless Sensors And Networks
Challenges:
Complex Designing Of Industrial IoT Gateway
Restraints:
Security And Privacy Concerns
Opportunities:
Increasing Adoption Of Connected Devices Worldwide, Increased IP Address Space & Better Security Solutions Made Available Through IPv6 and Government Funding in IoT Research And Development
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Industrial IoT Gateway Manufacturer, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory, Research Organizations and End Use Industry
In October 2019, IOTech signed agreement with Dell Technologies to globally offer IOTech's Edge Xpert open IoT edge platform on Dell Edge Gateways for IoT. The combination of Dell hardware and IOTech's Edge Xpert will enable to have a flexible open edge solution of plug-and-play components.