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IoT Gateways Market - Expected to Reach USD 12.64 Billion by 2022 - Research and MarketsResearch and Markets has announced the addition of the "IoT Gateway Market by Nodes, by Connectivity Technology, by Component, by End-Use and Geography - Global Forecast to 2022" report to their offering. The IoT gateways market is expected to reach USD 12.64 billion by 2022, at a CAGR of 14.2% between 2016 and 2022. The major driving factors for the IoT gateways market are expanded Internet connectivity, continuous growth in the demand for smartphones & other connecting devices, increasing use of wireless sensors and networks, and cloud computing becoming mainstream. The market for wearable devices is expected to lead during the forecast period as there are well known brands especially in smart watches developed by Apple Inc. (U.S.) Samsung (News - Alert) (South Korea). Moreover smart watches have functionalities such as communication, and planning activities, connecting with other smart devices. The growing awareness toward energy conservation, stringent legislations and building directives, promotionof numerous smart grid technologies, and the availability of a number of open protocols are driving the growth of the building automation market. The Internet of Things emphasizes the development of an integrated building automation system. This would allow for optimal utilization of the data gathered by the components of a building automation system. Factors such as continuous growth in the urban population in many countries, and government incentives in countries such as China, Singapore, and Japan are driving the IoT gateways market in the APAC region. Japan is a highly developed economy with one of the fastest-growing telecom industries. Japan is known for its continual R&D in technologies; therefore, it is expected that some of the game-changing devices or technologies would emerge from the Japanese market. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 IoT Gateway (News - Alert) Market, By End Use 8 Geographic Analysis 9 Competitive Landscape 10 Company Profiles Companies Mentioned:
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