IoT Gateway Market Size is projected to reach USD 4.2 Billion by 2030, growing at a CAGR of 13.7%: Straits Research

New York, United States, Sept. 18, 2023 (GLOBE NEWSWIRE) -- The IoT gateway combines networking protocols, data storage, and edge analytics and simplifies data flow between entry-point edge devices and the cloud. As intelligent gateways and management systems have evolved to connect older equipment and next-generation devices to the IoT, the growing demand for big data analytics has resulted in a greater need for IoT gateways. The expansion of application-specific MCUs, flexible SOC-type designs, and the burgeoning development of smart cities are essential drivers for the IoT gateway market. Building electronic circuits within a system-on-chip (SoC) has numerous advantages, including increased efficiency and compatibility while decreasing space requirements and development time.

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Growth of Application-Specific MCUs and Flexible SOC-Type Designs Spur the Market for IoT Gateway

Endpoint device interoperability is often achieved by gateways on Internet of Things (IoT) networks. However, gateways are primarily concerned with networking connectivity and lack data logic control skills. Microcontrollers with embedded intelligence are prepared to serve as intermediaries to facilitate endpoint device interconnectivity. A processor or microcontroller, protective circuitry, IoT sensors, connectivity modules such as ZigBee, and Bluetooth, compose IoT gateway hardware. Specific MCU needs for the end application and system requirements and the expansion of application-specific MCUs are positioned to drive their implementation in IoT gateways.

SoC (systems on chip) consume less power than socket PCs but have less computer power. Because SoC designs are tiny, they give substantial flexibility for industrial applications and IoT deployments requiring low-power processing performance. Texas Instruments, for example, uses the AM335x processors in an IoT gateway design that includes the programmable nature of the real-time unit subsystem and industrial communication subsystem (PRU-ICSS), as well as access to pins, events, and all SoC resources that provide flexibility in implementing real-time, fast responses, specialized data handling operations, and offloading tasks from the SoC's other processor cores.

Adoption of IoT in the Manufacturing Industry Creates Myriad Market Opportunities

The adoption of IoT in the manufacturing business is fast expanding as firms attempt to improve production efficiency, shorten lead times, and deliver customized products to their consumers. Manufacturers are also implementing IoT and other digital transformation technologies to remain competitive in the market. Furthermore, due to the exponential expansion of linked devices, companies are predicted to progressively adopt mobile IoT mobile devices, enabling the digitalization of diverse factory assets such as vehicles, processes, and equipment. IoT is also anticipated to allow industrial communication with third-party suppliers, building a connected ecosystem of smart manufacturing hubs worldwide.

Report Scope

Report Metric	Details
Market Size by 2030	USD 4.2 billion
Market Size in 2021	USD 1.3 billion
CAGR	13.7% (2022-2030)
Historical Data	2019-2020
Base Year	2021
Forecast Period	2022-2030
Forecast Units	Value (USD Billion)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	By Component, By Connectivity, By End-User
Geographies Covered	North America, Europe, Asia-Pacific, LAME and Rest of the World
Key Companies Profiled/Vendors	Cisco Systems Inc., Advantech Co. Ltd, Dell Inc., Microchip Technology Inc., Huawei Technologies Co. Ltd, Hewlett Packard Enterprise Development LP, Samsara Networks Inc., Eurotech Inc., ADLINK Technology Inc., and Kontron S&T AG.
Key Market Opportunities	Adoption of IoT in the Manufacturing Industry
Key Market Drivers	Rise of Application-Specific MCUs and Flexible SOC-Type Designs

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Regional Insights

Asia-Pacific holds the largest market share and is estimated to grow at a CAGR of 14.4% during the forecast period. Due to the increasing number of connected devices and IoT adoption across numerous industries, Asia-Pacific sees a surge in demand for IoT gateways. The increased number of linked devices would directly raise the need for IoT gateways in the region. It is leveraging market expansion with the rise of smart city projects in recent years. This suggests that India has a significant opportunity to enhance its investments in smart buildings over the foreseeable timeframe. This is expected to generate chances for IoT gateway expansion.

North America is estimated to growing at a CAGR of 13.4%. Energy consumption reduction is one of the top priorities for commercial building owners and managers looking to save money. According to the US Energy Information Administration, business and residential buildings consume over 40% of the country's energy. In addition, the leading smart cities in the United States in 2019 have the highest index scores: Boston (7.07), Washington, DC (6.82), Los Angeles (6.81), and New York (6.81). (6.65). With the growing trend of smart building adoptions, IoT gateway specifies its use in various applications, catering to considerable market growth.

Europe is the third-largest region. Germany is a technologically advanced country rapidly adopting the Internet of Things as a way of life in various industries. The government is one of Europe's leaders in IoT adoption. Due to the reliance on gateways for establishing bidirectional communications between the device-to-gateway and gateway-to-cloud, the emergence of IoT has driven the researched market. Furthermore, with the widespread deployment of Industrial IoT across various industries, IoT gateways have grown in popularity in the country. Several significant firms have released gateway devices in response to the increased need for Industrial IoT Gateways. Industry-grade IoT edge gateways are projected to acquire substantial traction over the projection period.

Key Highlights

• The global IoT gateway market size is expected to reach USD 4.2 billion by 2030, growing at a CAGR of 13.7% during the forecast period (2022–2030).
• By component, the global IoT gateway market is segmented into Processors, Sensors, Memory & Storage Devices, and Others. The Processor segment dominates the market and is estimated to grow at a CAGR of 14.2% during the forecast period. 
• By connectivity, the global IoT gateway market is segmented into Bluetooth, Wi-Fi, Zigbee, Ethernet, Cellular, and Others. The Bluetooth segment dominates the market and is estimated to grow at a CAGR of 17.8% during the forecast period. 
• By end-user, the global IoT gateway market is segmented into Automotive & Transportation, Healthcare, Industrial, Consumer Electronics, BFSI, Oil & Gas, Retail, Aerospace & Defense, and Others. The Industrial segment dominates the market and is estimated to grow at a CAGR of 12.8% during the forecast period. 
• By region, the global IoT gateway market is segmented into North America, Europe, Asia Pacific, and LAMEA. Asia-Pacific commands the maximum market share.

Competitive Players

The key players in the global IoT gateway market are Cisco Systems Inc., Advantech Co. Ltd, Dell Inc., Microchip Technology Inc., Huawei Technologies Co. Ltd, Hewlett Packard Enterprise Development LP, Samsara Networks Inc., Eurotech Inc., ADLINK Technology Inc., and Kontron S&T AG.

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Global IoT Gateway Market: Segmentation

By Component

• Processor
• Sensor
• Memory & Storage Device
• Others

By Connectivity

• Bluetooth
• Wi-Fi
• ZigBee
• Ethernet
• Cellular
• Others

By End-User

• Automotive &Transportation
• Healthcare
• Industrial
• Consumer Electronics
• BFSI
• Oil & Gas
• Retail
• Aerospace & Defense
• Others

By Regions

• North America
• Europe
• Asia-Pacific
• LAMEA

TABLE OF CONTENT

1. EXECUTIVE SUMMARY
2. RESEARCH SCOPE & SEGMENTATION
   1. Research Objectives
   2. Market Definition
   3. Limitations & Assumptions
   4. Market Scope & Segmentation
   5. Currency & Pricing Considered
3. MARKET OPPORTUNITY ASSESSMENT

3. 1. Emerging Regions / Countries
   2. Emerging Companies
   3. Emerging Applications / End Use
   4. Investment Landscape
   5. New Business Models / Revenue Streams
   6. TAM

4. MARKET TRENDS

4. 1. Drivers
   2. Market Warning Factors
   3. Latest Macro Economic Indicators
   4. Geopolitical Impact
   5. Human Factors
   6. Technology Factors

5. MARKET ASSESSMENT

5. 1. Porters Five Forces Analysis
   2. Value Chain Analysis
   3. Sales And Distribution Channel Analysis
   4. Case Study Analysis
   5. Patent Analysis
   6. M & A Agreements & Collabration Analysis

6. ESG TRENDS
7. GLOBAL IOT GATEWAY MARKET SIZE ANALYSIS

7. 1. Global IoT Gateway Market Introduction
   2. By Component

7. 2. 1. Introduction

1. 1. 1. 1. Component By Value

7. 2. 2. Processor

1. 1. 1. 1. By Value

7. 2. 3. Sensor

1. 1. 1. 1. By Value

7. 2. 4. Memory & Storage Device

1. 1. 1. 1. By Value

7. 2. 5. Others

1. 1. 1. 1. By Value

7. 3. By Connectivity

7. 3. 1. Introduction

1. 1. 1. 1. Connectivity By Value

7. 3. 2. Bluetooth

1. 1. 1. 1. By Value

7. 3. 3. WiFi

1. 1. 1. 1. By Value

7. 3. 4. ZigBee

1. 1. 1. 1. By Value

7. 3. 5. Ethernet

1. 1. 1. 1. By Value

7. 3. 6. Cellular

1. 1. 1. 1. By Value

7. 3. 7. Others

1. 1. 1. 1. By Value

7. 4. By End-User

7. 4. 1. Introduction

1. 1. 1. 1. End-User By Value

7. 4. 2. Automotive & Transportation

1. 1. 1. 1. By Value

7. 4. 3. Healthcare

1. 1. 1. 1. By Value

7. 4. 4. Industrial

1. 1. 1. 1. By Value

7. 4. 5. Consumer Electronics

1. 1. 1. 1. By Value

7. 4. 6. BFSI

1. 1. 1. 1. By Value

7. 4. 7. Oil & Gas

1. 1. 1. 1. By Value

7. 4. 8. Retail

1. 1. 1. 1. By Value

7. 4. 9. Aerospace & Defense

1. 1. 1. 1. By Value

7. 4. 10. Others

1. 1. 1. 1. By Value

8. NORTH AMERICA MARKET ANALYSIS

8. 1. Introduction
   2. By Component

8. 2. 1. Introduction

1. 1. 1. 1. Component By Value

8. 2. 2. Processor

1. 1. 1. 1. By Value

8. 2. 3. Sensor

1. 1. 1. 1. By Value

8. 2. 4. Memory & Storage Device

1. 1. 1. 1. By Value

8. 2. 5. Others

1. 1. 1. 1. By Value

8. 3. By Connectivity

8. 3. 1. Introduction

1. 1. 1. 1. Connectivity By Value

8. 3. 2. Bluetooth

1. 1. 1. 1. By Value

8. 3. 3. WiFi

1. 1. 1. 1. By Value

8. 3. 4. ZigBee

1. 1. 1. 1. By Value

8. 3. 5. Ethernet

1. 1. 1. 1. By Value

8. 3. 6. Cellular

1. 1. 1. 1. By Value

8. 3. 7. Others

1. 1. 1. 1. By Value

8. 4. By End-User
      1. Introduction

1. 1. 1. 1. End-User By Value

8. 4. 2. Automotive & Transportation

1. 1. 1. 1. By Value

8. 4. 3. Healthcare

1. 1. 1. 1. By Value

8. 4. 4. Industrial

1. 1. 1. 1. By Value

8. 4. 5. Consumer Electronics

1. 1. 1. 1. By Value

8. 4. 6. BFSI

1. 1. 1. 1. By Value

8. 4. 7. Oil & Gas

1. 1. 1. 1. By Value

8. 4. 8. Retail

1. 1. 1. 1. By Value

8. 4. 9. Aerospace & Defense

1. 1. 1. 1. By Value

8. 4. 10. Others

1. 1. 1. 1. By Value

8. 5. U.S.

8. 5. 1. By Component

1. 1. 1. 1. Introduction
            1. Component By Value
         2. Processor
            1. By Value
         3. Sensor
            1. By Value
         4. Memory & Storage Device
            1. By Value
         5. Others
            1. By Value

8. 5. 2. By Connectivity

1. 1. 1. 1. Introduction
            1. Connectivity By Value
         2. Bluetooth
            1. By Value
         3. WiFi
            1. By Value
         4. ZigBee
            1. By Value
         5. Ethernet
            1. By Value
         6. Cellular
            1. By Value
         7. Others
            1. By Value

8. 5. 3. By End-User

1. 1. 1. 1. Introduction
            1. End-User By Value
         2. Automotive & Transportation
            1. By Value
         3. Healthcare
            1. By Value
         4. Industrial
            1. By Value
         5. Consumer Electronics
            1. By Value
         6. BFSI
            1. By Value
         7. Oil & Gas
            1. By Value
         8. Retail
            1. By Value
         9. Aerospace & Defense
            1. By Value
         10. Others
             1. By Value

8. 6. Canada

9. EUROPE MARKET ANALYSIS

9. 1. Introduction
   2. By Component

9. 2. 1. Introduction

1. 1. 1. 1. Component By Value

9. 2. 2. Processor

1. 1. 1. 1. By Value

9. 2. 3. Sensor

1. 1. 1. 1. By Value

9. 2. 4. Memory & Storage Device

1. 1. 1. 1. By Value

9. 2. 5. Others

1. 1. 1. 1. By Value

9. 3. By Connectivity

9. 3. 1. Introduction

1. 1. 1. 1. Connectivity By Value

9. 3. 2. Bluetooth

1. 1. 1. 1. By Value

9. 3. 3. WiFi

1. 1. 1. 1. By Value

9. 3. 4. ZigBee

1. 1. 1. 1. By Value

9. 3. 5. Ethernet

1. 1. 1. 1. By Value

9. 3. 6. Cellular

1. 1. 1. 1. By Value

9. 3. 7. Others

1. 1. 1. 1. By Value

9. 4. By End-User

9. 4. 1. Introduction

1. 1. 1. 1. End-User By Value

9. 4. 2. Automotive & Transportation

1. 1. 1. 1. By Value

9. 4. 3. Healthcare

1. 1. 1. 1. By Value

9. 4. 4. Industrial

1. 1. 1. 1. By Value

9. 4. 5. Consumer Electronics

1. 1. 1. 1. By Value

9. 4. 6. BFSI

1. 1. 1. 1. By Value

9. 4. 7. Oil & Gas

1. 1. 1. 1. By Value

9. 4. 8. Retail

1. 1. 1. 1. By Value

9. 4. 9. Aerospace & Defense

1. 1. 1. 1. By Value

9. 4. 10. Others

1. 1. 1. 1. By Value

9. 5. U.K.

9. 5. 1. By Component

1. 1. 1. 1. Introduction
            1. Component By Value
         2. Processor
            1. By Value
         3. Sensor
            1. By Value
         4. Memory & Storage Device
            1. By Value
         5. Others
            1. By Value

9. 5. 2. By Connectivity

1. 1. 1. 1. Introduction
            1. Connectivity By Value
         2. Bluetooth
            1. By Value
         3. WiFi
            1. By Value
         4. ZigBee
            1. By Value
         5. Ethernet
            1. By Value
         6. Cellular
            1. By Value
         7. Others
            1. By Value

9. 5. 3. By End-User

1. 1. 1. 1. Introduction
            1. End-User By Value
         2. Automotive & Transportation
            1. By Value
         3. Healthcare
            1. By Value
         4. Industrial
            1. By Value
         5. Consumer Electronics
            1. By Value
         6. BFSI
            1. By Value
         7. Oil & Gas
            1. By Value
         8. Retail
            1. By Value
         9. Aerospace & Defense
            1. By Value
         10. Others
             1. By Value

9. 6. Germany
   7. France
   8. Spain
   9. Italy
   10. Russia
   11. Nordic
   12. Benelux
   13. Rest Of Europe

10. APAC MARKET ANALYSIS

10. 1. Introduction
    2. By Component

10. 2. 1. Introduction

1. 1. 1. 1. Component By Value

10. 2. 2. Processor

1. 1. 1. 1. By Value

10. 2. 3. Sensor

1. 1. 1. 1. By Value

10. 2. 4. Memory & Storage Device

1. 1. 1. 1. By Value

10. 2. 5. Others

1. 1. 1. 1. By Value

10. 3. By Connectivity

10. 3. 1. Introduction

1. 1. 1. 1. Connectivity By Value

10. 3. 2. Bluetooth

1. 1. 1. 1. By Value

10. 3. 3. WiFi

1. 1. 1. 1. By Value

10. 3. 4. ZigBee

1. 1. 1. 1. By Value

10. 3. 5. Ethernet

1. 1. 1. 1. By Value

10. 3. 6. Cellular

1. 1. 1. 1. By Value

10. 3. 7. Others

1. 1. 1. 1. By Value

10. 4. By End-User

10. 4. 1. Introduction

1. 1. 1. 1. End-User By Value

10. 4. 2. Automotive & Transportation

1. 1. 1. 1. By Value

10. 4. 3. Healthcare

1. 1. 1. 1. By Value

10. 4. 4. Industrial

1. 1. 1. 1. By Value

10. 4. 5. Consumer Electronics

1. 1. 1. 1. By Value

10. 4. 6. BFSI

1. 1. 1. 1. By Value

10. 4. 7. Oil & Gas

1. 1. 1. 1. By Value

10. 4. 8. Retail

1. 1. 1. 1. By Value

10. 4. 9. Aerospace & Defense

1. 1. 1. 1. By Value

10. 4. 10. Others

1. 1. 1. 1. By Value

10. 5. China

10. 5. 1. By Component

1. 1. 1. 1. Introduction
            1. Component By Value
         2. Processor
            1. By Value
         3. Sensor
            1. By Value
         4. Memory & Storage Device
            1. By Value
         5. Others
            1. By Value

10. 5. 2. By Connectivity

1. 1. 1. 1. Introduction
            1. Connectivity By Value
         2. Bluetooth
            1. By Value
         3. WiFi
            1. By Value
         4. ZigBee
            1. By Value
         5. Ethernet
            1. By Value
         6. Cellular
            1. By Value
         7. Others
            1. By Value

10. 5. 3. By End-User

1. 1. 1. 1. Introduction
            1. End-User By Value
         2. Automotive & Transportation
            1. By Value
         3. Healthcare
            1. By Value
         4. Industrial
            1. By Value
         5. Consumer Electronics
            1. By Value
         6. BFSI
            1. By Value
         7. Oil & Gas
            1. By Value
         8. Retail
            1. By Value
         9. Aerospace & Defense
            1. By Value
         10. Others
             1. By Value

10. 6. Korea
    7. Japan
    8. India
    9. Australia
    10. Taiwan
    11. South East Asia
    12. Rest Of Asia-Pacific

11. MIDDLE EAST AND AFRICA MARKET ANALYSIS

11. 1. Introduction
    2. By Component

11. 2. 1. Introduction

1. 1. 1. 1. Component By Value

11. 2. 2. Processor

1. 1. 1. 1. By Value

11. 2. 3. Sensor

1. 1. 1. 1. By Value

11. 2. 4. Memory & Storage Device

1. 1. 1. 1. By Value

11. 2. 5. Others

1. 1. 1. 1. By Value

11. 3. By Connectivity

11. 3. 1. Introduction

1. 1. 1. 1. Connectivity By Value

11. 3. 2. Bluetooth

1. 1. 1. 1. By Value

11. 3. 3. WiFi

1. 1. 1. 1. By Value

11. 3. 4. ZigBee

1. 1. 1. 1. By Value

11. 3. 5. Ethernet

1. 1. 1. 1. By Value

11. 3. 6. Cellular

1. 1. 1. 1. By Value

11. 3. 7. Others

1. 1. 1. 1. By Value

11. 4. By End-User

11. 4. 1. Introduction

1. 1. 1. 1. End-User By Value

11. 4. 2. Automotive & Transportation

1. 1. 1. 1. By Value

11. 4. 3. Healthcare

1. 1. 1. 1. By Value

11. 4. 4. Industrial

1. 1. 1. 1. By Value

11. 4. 5. Consumer Electronics

1. 1. 1. 1. By Value

11. 4. 6. BFSI

1. 1. 1. 1. By Value

11. 4. 7. Oil & Gas

1. 1. 1. 1. By Value

11. 4. 8. Retail

1. 1. 1. 1. By Value

11. 4. 9. Aerospace & Defense

1. 1. 1. 1. By Value

11. 4. 10. Others

1. 1. 1. 1. By Value

11. 5. UAE

11. 5. 1. By Component

1. 1. 1. 1. Introduction
            1. Component By Value
         2. Processor
            1. By Value
         3. Sensor
            1. By Value
         4. Memory & Storage Device
            1. By Value
         5. Others
            1. By Value

11. 5. 2. By Connectivity

1. 1. 1. 1. Introduction
            1. Connectivity By Value
         2. Bluetooth
            1. By Value
         3. WiFi
            1. By Value
         4. ZigBee
            1. By Value
         5. Ethernet
            1. By Value
         6. Cellular
            1. By Value
         7. Others
            1. By Value

11. 5. 3. By End-User

1. 1. 1. 1. Introduction
            1. End-User By Value
         2. Automotive & Transportation
            1. By Value
         3. Healthcare
            1. By Value
         4. Industrial
            1. By Value
         5. Consumer Electronics
            1. By Value
         6. BFSI
            1. By Value
         7. Oil & Gas
            1. By Value
         8. Retail
            1. By Value
         9. Aerospace & Defense
            1. By Value
         10. Others
             1. By Value

11. 6. Turkey
    7. Saudi Arabia
    8. South Africa
    9. Egypt
    10. Nigeria
    11. Rest Of MEA

12. LATAM MARKET ANALYSIS

12. 1. Introduction
    2. By Component

12. 2. 1. Introduction

1. 1. 1. 1. Component By Value

12. 2. 2. Processor

1. 1. 1. 1. By Value

12. 2. 3. Sensor

1. 1. 1. 1. By Value

12. 2. 4. Memory & Storage Device

1. 1. 1. 1. By Value

12. 2. 5. Others

1. 1. 1. 1. By Value

12. 3. By Connectivity

12. 3. 1. Introduction

1. 1. 1. 1. Connectivity By Value

12. 3. 2. Bluetooth

1. 1. 1. 1. By Value

12. 3. 3. WiFi

1. 1. 1. 1. By Value

12. 3. 4. ZigBee

1. 1. 1. 1. By Value

12. 3. 5. Ethernet

1. 1. 1. 1. By Value

12. 3. 6. Cellular

1. 1. 1. 1. By Value

12. 3. 7. Others

1. 1. 1. 1. By Value

12. 4. By End-User

12. 4. 1. Introduction

1. 1. 1. 1. End-User By Value

12. 4. 2. Automotive & Transportation

1. 1. 1. 1. By Value

12. 4. 3. Healthcare

1. 1. 1. 1. By Value

12. 4. 4. Industrial

1. 1. 1. 1. By Value

12. 4. 5. Consumer Electronics

1. 1. 1. 1. By Value

12. 4. 6. BFSI

1. 1. 1. 1. By Value

12. 4. 7. Oil & Gas

1. 1. 1. 1. By Value

12. 4. 8. Retail

1. 1. 1. 1. By Value

12. 4. 9. Aerospace & Defense

1. 1. 1. 1. By Value

12. 4. 10. Others

1. 1. 1. 1. By Value

12. 5. Brazil

12. 5. 1. By Component

1. 1. 1. 1. Introduction
            1. Component By Value
         2. Processor
            1. By Value
         3. Sensor
            1. By Value
         4. Memory & Storage Device
            1. By Value
         5. Others
            1. By Value

12. 5. 2. By Connectivity

1. 1. 1. 1. Introduction
            1. Connectivity By Value
         2. Bluetooth
            1. By Value
         3. WiFi
            1. By Value
         4. ZigBee
            1. By Value
         5. Ethernet
            1. By Value
         6. Cellular
            1. By Value
         7. Others
            1. By Value

12. 5. 3. By End-User

1. 1. 1. 1. Introduction
            1. End-User By Value
         2. Automotive & Transportation
            1. By Value
         3. Healthcare
            1. By Value
         4. Industrial
            1. By Value
         5. Consumer Electronics
            1. By Value
         6. BFSI
            1. By Value
         7. Oil & Gas
            1. By Value
         8. Retail
            1. By Value
         9. Aerospace & Defense
            1. By Value
         10. Others
             1. By Value

12. 6. Mexico
    7. Argentina
    8. Chile
    9. Colombia
    10. Rest Of LATAM

13. COMPETITIVE ASSESSMENT

13. 1. Adoption Matrix
    2. IoT Gateway Market Share By Manufacturers
    3. IoT Gateway Market Ranking By Revenue For Manufacturers
    4. Average Price By Manufacturers
    5. Vendor Footprint Analysis

14. MARKET PLAYERS ASSESSMENT

14. 1. Microchip Technology Inc.

14. 1. 1. Overview
       2. Business Information
       3. Revenue
       4. ASP
       5. Gross Margin
       6. Swot Analysis
       7. Recent Developmments

14. 2. Cisco Systems Inc
    3. Advantech Co. Ltd
    4. Dell Inc
    5. Hewlett Packard Enterprise Development LP
    6. Huawei Technologies Co. Ltd
    7. Samsara Networks Inc.
    8. And ADLINK Technology Inc.
    9. Eurotech Inc
    10. And Kontron S&T AG.

15. RESEARCH METHODOLOGY

15. 1. Research Data

15. 1. 1. Secondary Data

1. 1. 1. 1. Major Secondary Sources
         2. Key Data From Secondary Sources

15. 1. 2. Primary Data

1. 1. 1. 1. Key Data From Primary Sources
         2. Breakdown Of Primaries

15. 1. 3. Secondary And Primary Research

1. 1. 1. 1. Key Industry Insights

15. 2. Market Size Estimation

15. 2. 1. Bottom-Up Approach
       2. Top-Down Approach
       3. Market Projection

15. 3. Research Assumptions

15. 3. 1. Assumptions

15. 4. Limitations
    5. Risk Assessment

16. APPENDIX

16. 1. Discussion Guide
    2. Customization Options
    3. Related Reports

17. DISCLAIMER

Table of Content and Figure @ https://straitsresearch.com/report/iot-gateway-market/toc

Market News

• In April 2022, Advantech (TWSE: 2395), a global leader in Industrial IoT, signed a letter of intent (LOI) with Tsai Ying Clean Energy Co., Ltd. (TYCE) for collaboration in developing the first "Made-in-Taiwan" hydrogen fuel cell electric bus (FCEB) management system, as well as jointly exploring domestic and international markets for it, in response to the goal of bringing global carbon dioxide emissions to be net zero by 2050.
• In February 2022, Advantech (TWSE: 2395), a global pioneer in Industrial IoT, hosted an online investor conference. Advantech's 2021 operating revenues and profits set new records, increasing by 15% and 14% yearly, respectively. Due to component shortages and rising costs, the yearly operational gross margin was 37.8 percent, the consolidated net income after tax was NT$8.25 billion, and the annual EPS was NT$10.67.

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