Maximize Market Research's latest report, " Global IoT Gateway Market Global Demand Analysis and Opportunity Outlook 2027", offers a comprehensive analysis of the market. It provides market segments by type and shape, as well as end-user industries and regions.
Global IoT Gateway Market was valued at US$ 1.16 Bn. in 2020 and is expected to reach US$ 17.33 Bn. by 2027, at a CAGR of 13.6% during a forecast period.
Global IoT Gateway Market Overview
The Internet of Things (IoT) is rapidly gaining traction in a variety of industries throughout the world. IoT gateways are necessary component for connecting existing and next-generation devices to the Internet of Things. Protocol translation, data filtering, device connectivity, and security are just a few of the functions performed by IoT gateways. IoT gateways are hardware or software that connect sensors, controllers, and intelligent devices to the cloud. All data travelling from or to the cloud passes through an IoT gateway, which is made up of specialized hardware or software.
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The report has covered the market trends from 2016 to forecast the market through 2027. 2020 is considered a base year. Special attention is given to 2020 and effect of lockdown on the demand and supply, and also the impact of lockdown for next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.
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Global IoT Gateway Market Major Market Players
• Intel Corporation
• Mitsubishi Electric Co
• NXP Semiconductors N.V.
• Super Micro Computer
• ARM Holdings
• Huawei Investment
• Texas Instruments
• Cisco
• Hewlett Packard
• TE Connectivity Ltd.
• STMicroelectronics
• Advantech Co
• Dell Inc.
• Eurotech S.P.A
• AAEON Technology
• Adlink
• NEXCOM International Co
• Microchip Technology
• Notion
• Helium System
• Samsara Networks
• Estimote Inc
• Beep Inc.
The Market Impact of COVID-19
The COVID-19 epidemic has quickly spreaded since its inception in Wuhan (China), in December 2019.
All around the globe. As of March 2020, the US and China were the most affected. The COVID-19 crisis has had a significant impact on many countries, resulting in travel bans or lockdowns. Industries. This outbreak has severely affected the global food and beverage industries.
This includes office closures, cancellations of technology events, and supply chain disruptions. China is the world's largest manufacturing country and has the largest number of raw material suppliers. COVID-19 has an adverse effect on overall production because it closes factories and creates supply chain challenges. Market growth.
Segmentation of Global IoT Gateway Market by Types and Applications:
The report has covered the market size by country (regions) for the global IoT Gateway market. Segment by Application. The IoT Gateway Market is divided into the North America Europe, ASIA Pacific, Middle East & Africa. The report also includes market size estimates by region. 2019-2027 Forecasts and market size for each type and segment are included. Sales and revenue are included for the period 2019-2027.
Analysis of the IoT Gateway Market Share and Competitive Landscape:
This report provides a detailed analysis of the Global IoT Gateway Market for all stakeholders. . It also contains historical and forecasted market size information. Trends are also included in the report. The report is simple and simplifies complicated data using simple language. This report includes information on all aspects of the industry, as well as key players like market leaders, followers and new entrants. The report includes a PORTER, SVOR and a PESTEL analysis. The report also analyzes the potential market impact of microeconomic variables. This report examines both internal and external factors that can have a positive or negative effect on the business. This report will provide a clear view of the industry for decision-makers.
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