Industrial IoT Gateway Market is set to grow by USD 2,288.46 million from 2022 to 2027|ADLINK Technology Inc., Advantech Co. Ltd., Alten SA, and more to emerge as key players -Technavio

NEW YORK, July 17, 2023 /PRNewswire/ -- The industrial IoT gateway market size is estimated to grow by USD 2,288.46 million from 2022 to 2027 at a CAGR of 19.8% according to Technavio. The growing competition in the market is compelling vendors to adopt various growth strategies, such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors, including ADLINK Technology Inc., Advantech Co. Ltd., Alten SA, ASUSTeK Computer Inc., Cisco Systems Inc., Dell Technologies Inc., EUROTECH Spa, Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., Intel Corp., Intuz Inc., iWave Systems Technologies Pvt. Ltd., NEXCOM International Co. Ltd., NXP Semiconductors NV, PHYTEC Messtechnik GmbH, Semtech Corp., Siemens AG, Super Micro Computer Inc., TE Connectivity Ltd., and Texas Instruments Inc.

Industrial IoT Gateway Insights - 

• Vendors: 15+, Including ADLINK Technology Inc., Advantech Co. Ltd., Alten SA, ASUSTeK Computer Inc., Cisco Systems Inc., Dell Technologies Inc., EUROTECH Spa, Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., Intel Corp., Intuz Inc., iWave Systems Technologies Pvt. Ltd., NEXCOM International Co. Ltd., NXP Semiconductors NV, PHYTEC Messtechnik GmbH, Semtech Corp., Siemens AG, Super Micro Computer Inc., TE Connectivity Ltd., and Texas Instruments Inc., among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: Connectivity (Bluetooth, wifi, ZigBee, and other), End-user(Process Industries and Discrete industries) and Geography (North America, APAC, Europe, South America, and Middle East and Africa)

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Industrial IoT gateway market - Customer Landscape
To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity
• For highlights on customer landscape analysis, download a sample!

Key Industrial IoT Gateway Market Driver- Leveraging manufacturing data for predictive maintenance is the major factor driving market growth. Wireless acoustic transmitters and steam trap monitors, which are IoT-enabled devices, play a crucial role in monitoring plant operations. By providing access to machine and system data, these devices enable industrial operators to compare machine efficiency and performance. This comparison helps operators plan maintenance activities effectively, reducing unplanned machine failure and minimizing downtime. Industries that heavily rely on automation control solutions and instruments find IoT-enabled devices particularly valuable in monitoring their systems. To facilitate data transmission and analysis, industrial IoT gateways are positioned between IoT-connected devices and physical or cloud servers. The high-speed data aggregation and routing capabilities of these gateways are essential for implementing predictive maintenance strategies. The requirement for gateways is highly essential to improve the effective interaction between machines with increased data sets. This, in turn, will boost the industrial IoT gateway market growth during the forecast period.

Key Industrial IoT Gateway Market Trend- The increasing focus on delivering end-to-end services is an emerging factor shaping market growth. This market encompasses hardware, software, and IoT platform providers. While the IoT market is fragmented, vendors are seeking to expand their product offerings through acquisitions and vertical integration to enhance their product development processes. Industrial operators, facing challenges in developing IoT projects within existing legacy systems, rely on vendors that can offer comprehensive services. To address these complexities, industrial IoT gateway vendors are offering complete packages that include gateways, software, edge computing, and cloud computing services. Leading vendors like Advantech, HPE, and Moxa provide integrated hardware and software solutions. As competition among vendors intensifies and IoT adoption continues to grow in industrial settings, vendors are shifting towards providing end-to-end services rather than just hardware or IoT platforms. This strategic shift by vendors is expected to drive the growth of the industrial IoT gateway market during the forecast period.

Key Industrial IoT Gateway Market Challenge- The growth of the industrial Internet of Things (IoT) gateway market is hindered by the high installation cost associated with the need for multiple gateways. The integration of information technology and operation technology using edge computing and industrial IoT gateways faces challenges in ensuring secure and seamless data integration, particularly in process and discrete industries. While IoT integration in small-scale industries is relatively straightforward, it becomes complex in large industrial premises with multiple divisions, as multiple gateways are required to establish a mesh network and minimize data loss. Connectivity issues with IoT devices and faults in IoT gateways can contribute to data loss. The use of multiple gateways in a single network increases costs for end-users, leading them to prefer wired gateways that offer high speed and low data loss. These factors may impede the growth of the industrial IoT gateway market during the forecast period. The industrial IoT gateway market analysis report also provides insights into upcoming trends and challenges that will significantly impact market growth. Therefore such factors are expected to hinder the market growth during the market growth.

Drivers, & Challenges have an impact on market dynamics and can impact businesses. Find some insights from a sample report!

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What are the key data covered in this Industrial IoT Gateway Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the industrial IoT gateway market between 2023 and 2027
• Precise estimation of the size of the industrial IoT gateway market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the industrial IoT gateway market across North America, APAC, Europe, South America, and the Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of industrial IoT gateway market vendors

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Table of contents

1 Executive Summary

• 1.1 Market Overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021 

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

• 5.1 Market segments 
• Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
• Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)

• 5.2 Comparison by End-user 
• Exhibit 26: Chart on Comparison by End-user
• Exhibit 27: Data Table on Comparison by End-user

• 5.3 Process industries - Market size and forecast 2021-2026 
• Exhibit 28: Chart on Process industries - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Process industries - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Process industries - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Process industries - Year-over-year growth 2021-2026 (%)

• 5.4 Discrete industries - Market size and forecast 2021-2026 
• Exhibit 32: Chart on Discrete industries - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Discrete industries - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Discrete industries - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Discrete industries - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by End-user 
• Exhibit 36: Market opportunity by End-user ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 APAC - Market size and forecast 2021-2026
• Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.5 Europe - Market size and forecast 2021-2026
• Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Germany - Market size and forecast 2021-2026
• Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.11 Canada - Market size and forecast 2021-2026
• Exhibit 74: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.12 UK - Market size and forecast 2021-2026
• Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers 

• 8.2 Market challenges 

• 8.3 Impact of drivers and challenges 
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends 

9 Vendor Landscape

• 9.1 Overview 

• 9.2 Vendor landscape 
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 88: Matrix on vendor position and classification

• 10.3 Advantech Co. Ltd. 
• Exhibit 89: Advantech Co. Ltd. - Overview
• Exhibit 90: Advantech Co. Ltd. - Business segments
• Exhibit 91: Advantech Co. Ltd. - Key offerings
• Exhibit 92: Advantech Co. Ltd. - Segment focus

• 10.4 ASUSTeK Computer Inc. 
• Exhibit 93: ASUSTeK Computer Inc. - Overview
• Exhibit 94: ASUSTeK Computer Inc. - Product / Service
• Exhibit 95: ASUSTeK Computer Inc. - Key offerings

• 10.5 Cisco Systems Inc. 
• Exhibit 96: Cisco Systems Inc. - Overview
• Exhibit 97: Cisco Systems Inc. - Business segments
• Exhibit 98: Cisco Systems Inc. - Key news
• Exhibit 99: Cisco Systems Inc. - Key offerings
• Exhibit 100: Cisco Systems Inc. - Segment focus

• 10.6 Dell Technologies Inc. 
• Exhibit 101: Dell Technologies Inc. - Overview
• Exhibit 102: Dell Technologies Inc. - Business segments
• Exhibit 103: Dell Technologies Inc. - Key news
• Exhibit 104: Dell Technologies Inc. - Key offerings
• Exhibit 105: Dell Technologies Inc. - Segment focus

• 10.7 Hewlett Packard Enterprise Co. 
• Exhibit 106: Hewlett Packard Enterprise Co. - Overview
• Exhibit 107: Hewlett Packard Enterprise Co. - Business segments
• Exhibit 108: Hewlett Packard Enterprise Co. - Key news
• Exhibit 109: Hewlett Packard Enterprise Co. - Key offerings
• Exhibit 110: Hewlett Packard Enterprise Co. - Segment focus

• 10.8 Huawei Technologies Co. Ltd. 
• Exhibit 111: Huawei Technologies Co. Ltd. - Overview
• Exhibit 112: Huawei Technologies Co. Ltd. - Business segments
• Exhibit 113: Huawei Technologies Co. Ltd. - Key offerings
• Exhibit 114: Huawei Technologies Co. Ltd. - Segment focus

• 10.9 Intel Corp. 
• Exhibit 115: Intel Corp. - Overview
• Exhibit 116: Intel Corp. - Business segments
• Exhibit 117: Intel Corp. - Key news
• Exhibit 118: Intel Corp. - Key offerings
• Exhibit 119: Intel Corp. - Segment focus

• 10.10 NXP Semiconductors NV 
• Exhibit 120: NXP Semiconductors NV - Overview
• Exhibit 121: NXP Semiconductors NV - Product / Service
• Exhibit 122: NXP Semiconductors NV - Key news
• Exhibit 123: NXP Semiconductors NV - Key offerings

• 10.11 Siemens AG 
• Exhibit 124: Siemens AG - Overview
• Exhibit 125: Siemens AG - Business segments
• Exhibit 126: Siemens AG - Key news
• Exhibit 127: Siemens AG - Key offerings
• Exhibit 128: Siemens AG - Segment focus

• 10.12 Super Micro Computer Inc. 
• Exhibit 129: Super Micro Computer Inc. - Overview
• Exhibit 130: Super Micro Computer Inc. - Business segments
• Exhibit 131: Super Micro Computer Inc. - Key offerings
• Exhibit 132: Super Micro Computer Inc. - Segment focus

11 Appendix

• 11.1 Scope of the report 

• 11.2 Inclusions and exclusions checklist
• Exhibit 133: Inclusions checklist
• Exhibit 134: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 135: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 136: Research methodology
• Exhibit 137: Validation techniques employed for market sizing
• Exhibit 138: Information sources

• 11.5 List of abbreviations 
• Exhibit 139: List of abbreviations

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