Industrial Multiprotocol Gateways Global Market to 2030: Growing IoT Adoption and Increasing Prominence of IoT Gateways Spurs Market Opportunities


Dublin, April 12, 2023 (GLOBE NEWSWIRE) -- The "Industrial Multiprotocol Gateways: Global Strategic Business Report" report has been added to's offering.

The global market for Industrial Multiprotocol Gateways estimated at US$306.3 Thousand in the year 2022, is projected to reach a revised size of US$570.5 Thousand by 2030, growing at a CAGR of 8.1% over the analysis period 2022-2030.

Remote Monitoring, one of the segments analyzed in the report, is projected to record 10.7% CAGR and reach US$297.4 Thousand by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Preventive Maintenance segment is readjusted to a revised 12.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $101.8 Thousand, While China is Forecast to Grow at 9.4% CAGR

The Industrial Multiprotocol Gateways market in the U.S. is estimated at US$101.8 Thousand in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$68.8 Thousand by the year 2030 trailing a CAGR of 9.4% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at -1.7% and -0.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately -1.2% CAGR.

Select Competitors (Total 74 Featured) -

  • ABB Group
  • Advantech Co., Ltd.
  • ASUSTeK Computer, Inc.
  • HMS Industrial Networks
  • Honeywell International, Inc.
  • Moxa, Inc.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages362
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$306.3 Thousand
Forecasted Market Value (USD) by 2030$570.5 Thousand
Compound Annual Growth Rate8.1%
Regions CoveredGlobal

Key Topics Covered:




  • Impact of COVID-19 Pandemic and Looming Global Recession
  • Living with COVID-19: The New Normal
  • Stagflation and Risk of Recession: New Challenges Emerge for the Global Market in 2022 & 2023
  • World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
  • Weak Economic Environment & Negative Tide in GDP Impacts Industrial Multiprotocol Gateways Market
  • Global PMI Index Points for the Years 2018, 2019 & 2020
  • An Introduction to Industrial Multiprotocol Gateways
  • Global Market Outlook
  • Process Industry Segment Continues to Drive Market Gains
  • Developed Regions Lead, Emerging Economies to Boost Long-term Growth
  • Competition
  • Industrial Multiprotocol Gateways - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Recent Market Activity
  • Select Innovations



  • Growing IoT Adoption and Increasing Prominence of IoT Gateways Spurs Market Opportunities
  • Global Number of IoT Connected Devices (In Billion) for the Years 2016, 2018, 2020, 2022 & 2025
  • Global Investments in Industrial IoT (IIoT) Platforms (In US$ Million) for the Years 2018, 2020, 2022 and 2025
  • Industrial IoT Gateways: High Significance in Edge Computing
  • Functions of Industrial IoT Gateways
  • IIoT Gateways: Bringing Together IT and OT
  • Advantages of Industrial IoT Gateways
  • Multi-Protocol IoT Gateways for Industrial Applications
  • Use Cases of Industrial IoT Gateways
  • Industrial IoT Gateways Enhance Efficiencies
  • Notable Trends to Propel Growth in IoT Gateways Market
  • Current Trends in Industrial Automation & Industry 4.0 Favor Uptake of Multiprotocol Gateways
  • Global Industrial Automation Market (in US$ Billion) for the Years 2019, 2022, 2024 and 2026 Year Market Size (US$ Billion)
  • Major Industry 4.0 Technologies: Global Market Size (US$ Billion) for Internet of Things (IoT), Big Data, Smart Factory, Advanced Analytics, Service Robotics, and Smart Machines for 2020
  • Development of SoC for Industrial Multiprotocol Communication Supports Market Growth
  • Multi-Protocol SoCs to Revolutionize IoT Designs
  • Increasing Role of Artificial Intelligence in Industrial Sector Drives Opportunities for the Market
  • Global Market for AI in Manufacturing (In US$ Million) for the Years 2018, 2022 and 2024
  • As Demand Rises for Augmented Workforce, Multiprotocol Gateways to Hold Prominence
  • Adoption of Preventive Maintenance Continues to Gain Importance in Industries, Fueling Market Gains
  • Data Communication Systems, the Backbone for Successful Predictive Maintenance
  • 5G to Turbocharge Predictive Maintenance Capabilities
  • Role of LoRaWAN Multiprotocol Gateway in Legacy Industrial Automation Facilities
  • Process Industries to Spearhead Future Growth in Industrial Multiprotocol Gateways Market
  • Digitization of Water Sector Presents Challenges, Multiprotocol Gateways Come to the Aid
  • Key Challenges Facing Industrial Multiprotocol Gateways




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Global Market for Industrial Multiprotocol Gateways

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