TMCnet News

Industrial IoT Gateway Market - 36% of Growth to Originate from APAC| Process Segment to be Significant for Revenue Generation|Technavio
[May 12, 2022]

Industrial IoT Gateway Market - 36% of Growth to Originate from APAC| Process Segment to be Significant for Revenue Generation|Technavio


NEW YORK , May 12, 2022 /PRNewswire/ -- The industrial IoT gateway market size is set to grow by USD 1.25 billion from 2020 to 2025 as per the latest market report by Technavio. The report projects the market to progress at a CAGR of 16.63%. 36% of the market's growth will originate from APAC during the forecast period. China is the key market for industrial IoT gateway in APAC. Market growth in this region will be faster than the growth of the market in other regions. With an increase in the need for automation, the entire manufacturing process in the automotive industry will have a rise in productivity, which will facilitate the industrial IoT gateway market growth in APAC over the forecast period.

 For more insights on the market share of various regions - Download a Sample Report

Industrial IoT Gateway Market: Segmentation Analysis

The market research report segments the industrial IoT gateway market by End-user (process and discrete) and Geography (North America, APAC, Europe, South America, and MEA).

The industrial IoT gateway market share growth by the process segment will be significant for revenue generation. The process segment holds a dominating share in the global industrial IoT gateway market owing to the high installed base of legacy automation systems and instruments. The need to reduce interoperability issues while integrating legacy automation systems with industry communication systems has been the key driving factor for the growth of the major process industries

To gain further insights into the market contribution of various segments -Download a sample report

Industrial IoT Gateway Market: Leveraging manufacturing data for predictive maintenance to drive growth

The leveraging of manufacturing data for predictive maintenance is notably driving the industrial IoT gateway market growth. The demand for IoT-enabled devices has increased, primarily due to the need for data collection and analysis to solve complex maintenance tasks. The IoT-enabled devices such as wireless acoustic transmitters and steam trap monitors are helping monitor the complete plant operations. With the available data regarding machines and systems, industrial operators can compare the efficiency and performance of the machines, thereby helping operators plan maintenance activities accordingly and reducing the overall downtime due to unplanned machine failure. Therefore, end-users have shifted their focus toward predictive maintenance as it helps in reducing the overall production downtime and increases operational efficiency.

Industrial IoT Gateway Market: Increased focus on edge computing is the key market trend

Increased focus on edge computing is the key market trend driving the industrial IoT gateway market growth. The increasing adoption of IoT-connected devices has increased the need for edge computing and industrial IoT gateways to improve real-time data analysis. This technology is confined not only to the IT industry but also to discrete industries such as medical device manufacturing, automotive, semiconductor, and electronics. The integration of IoT-integrated devices, edge computing, and big data analysis provides enterprises the ability to predict future risks and take necessary steps for risk mitigation. In a highly competitive global market, manufacturers must leverage their market presence by pairing their IoT devices and edge computing with the manufacturing processes and value chain to gain an advantage over their competitors.

To know about other drivers & trends along with challenges - Request a Sample Research Report

Don't wait, Make a strategic approach & boost your business goals with our Industrial IoT Gateway Market Forecast Report - Buy Now!

Related Reports:

  • The ultra-wideband market share is expected to increase by USD 846.15 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 11.45%. Download a sample now!
  • The satellite communication market share in the defense sector is expected to increase by USD 2.56 billion from 2021 to 2026 at a CAGR of 6.81%. Download a sample now!




Industrial IoT Gateway Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 16.63%

Market growth 2021-2025

USD 1.25 billion

Market structure

Fragmented

YoY growth (%)

16.41

Performing market contribution

APAC at 36%

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Advantech Co. Ltd., ASUSTeK Computer Inc., Cisco Systems Inc., Dell Technologies Inc., Hewlett Packard Enterprise Co., Huawei Investment and Holding Co. Ltd., Intel Corp., NXP Semiconductors NV, Siemens AG, and Super Micro Computer Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.


Table of Content

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
  • 2.2 Value chain analysis
    • Exhibit 02: Market characteristics
    • Exhibit 03: Value chain analysis: Communications Equipment

3 Market Sizing

  • 3.1 Market definition
  • 3.2 Market segment analysis
  • 3.3 Market size 2020
    • Exhibit 04: Offerings of vendors included in the market definition
    • Exhibit 05: Market segments
  • 3.4 Market outlook: Forecast for 2020 - 2025

4 Five Forces Analysis

  • 4.1 Five forces summary
  • 4.2 Bargaining power of buyers
  • 4.3 Bargaining power of suppliers
    • Exhibit 08: Five forces analysis 2020 & 2025
  • 4.4 Threat of new entrants
    • Exhibit 09: Bargaining power of buyers
  • 4.5 Threat of substitutes
    • Exhibit 10: Bargaining power of suppliers
  • 4.6 Threat of rivalry
    • Exhibit 11: Threat of new entrants
  • 4.7 Market condition
    • Exhibit 12: Threat of substitutes

5 Market Segmentation by End-user

  • 5.1 Market segments
  • 5.2 Comparison by End-user
  • 5.3 Process - Market size and forecast 2020-2025
    • Exhibit 15: End-user - Market share 2020-2025 (%)
    • Exhibit 16: Comparison by End-user
  • 5.4 Discrete - Market size and forecast 2020-2025
    • Exhibit 17: Process - Market size and forecast 2020-2025 ($ million)
    • Exhibit 18: Process - Year-over-year growth 2020-2025 (%)
    • Exhibit 19: Discrete - Market size and forecast 2020-2025 ($ million)
  • 5.5 Market opportunity by End-user
    • Exhibit 20: Discrete - Year-over-year growth 2020-2025 (%)

6 Customer landscape

  • 6.1 Customer landscape

7 Geographic Landscape

  • 7.1 Geographic segmentation
  • 7.2 Geographic comparison
    • Exhibit 23: Market share by geography 2020-2025 (%)
  • 7.3 North America - Market size and forecast 2020-2025
    • Exhibit 24: Geographic comparison
    • Exhibit 25: North America - Market size and forecast 2020-2025 ($ million)
  • 7.4 APAC - Market size and forecast 2020-2025
    • Exhibit 26: North America - Year-over-year growth 2020-2025 (%)
    • Exhibit 27: APAC - Market size and forecast 2020-2025 ($ million)
  • 7.5 Europe - Market size and forecast 2020-2025
    • Exhibit 28: APAC - Year-over-year growth 2020-2025 (%)
    • Exhibit 29: Europe - Market size and forecast 2020-2025 ($ million)
  • 7.6 South America - Market size and forecast 2020-2025
    • Exhibit 30: Europe - Year-over-year growth 2020-2025 (%)
    • Exhibit 31: South America - Market size and forecast 2020-2025 ($ million)
  • 7.7 MEA - Market size and forecast 2020-2025
    • Exhibit 32: South America - Year-over-year growth 2020-2025 (%)
    • Exhibit 33: MEA - Market size and forecast 2020-2025 ($ million)
  • 7.8 Key leading countries
    • Exhibit 34: MEA - Year-over-year growth 2020-2025 (%)
  • 7.9 Market opportunity by geography
    • Exhibit 35: Key leading countries

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Market trends
    • Exhibit 37: Impact of drivers and challenges

9 Vendor Landscape

  • 9.1 Vendor landscape
  • 9.2 Landscape disruption
    • Exhibit 38: Vendor landscape
  • 9.3 Competitive Landscape
    • Exhibit 39: Landscape disruption

10 Vendor Analysis

  • 10.1 Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 41: Vendors covered
  • 10.3 Advantech Co. Ltd.
    • Exhibit 42: Market positioning of vendors
  • 10.4 ASUSTeK Computer Inc.
    • Exhibit 43: Advantech Co. Ltd. - Overview
    • Exhibit 44: Advantech Co. Ltd. - Business segments
    • Exhibit 45: Advantech Co. Ltd. - Key offerings
    • Exhibit 46: Advantech Co. Ltd. - Segment focus
  • 10.5 Cisco Systems Inc.
    • Exhibit 47: ASUSTeK Computer Inc. - Overview
    • Exhibit 48: ASUSTeK Computer Inc. - Product and service
    • Exhibit 49: ASUSTek Computer Inc. – Key news
    • Exhibit 50: ASUSTeK Computer Inc. - Key offerings
  • 10.6 Dell Technologies Inc.
  • 10.7 Hewlett Packard Enterprise Co.
    • Exhibit 56: Dell Technologies Inc. - Overview
    • Exhibit 57: Dell Technologies Inc. - Business segments
    • Exhibit 58: Dell Technologies Inc. - Key news
    • Exhibit 59: Dell Technologies Inc. - Key offerings
    • Exhibit 60: Dell Technologies Inc. - Segment focus
    • Exhibit 61: Hewlett Packard Enterprise Co. - Overview
    • Exhibit 62: Hewlett Packard Enterprise Co. - Business segments
  • 10.8 Huawei Investment and Holding Co. Ltd.
    • Exhibit 63: Hewlett Packard Enterprise Co. – Key news
    • Exhibit 64: Hewlett Packard Enterprise Co. - Key offerings
    • Exhibit 65: Hewlett Packard Enterprise Co. - Segment focus
  • 10.9 Intel Corp.
    • Exhibit 66: Huawei Investment and Holding Co. Ltd. - Overview
    • Exhibit 67: Huawei Investment and Holding Co. Ltd. - Business segments
    • Exhibit 68: Huawei Investment and Holdings Co. Ltd. – Key news
    • Exhibit 69: Huawei Investment and Holding Co. Ltd. - Key offerings
    • Exhibit 70: Huawei Investment and Holding Co. Ltd. - Segment focus
    • Exhibit 71: Intel Corp. - Overview
    • Exhibit 72: Intel Corp. - Business segments
  • 10.10 NXP Semiconductors NV
    • Exhibit 73: Intel Corp. – Key news
    • Exhibit 74: Intel Corp. - Key offerings
    • Exhibit 75: Intel Corp. - Segment focus
  • 10.11 Siemens AG
    • Exhibit 76: NXP Semiconductors NV - Overview
    • Exhibit 77: NXP Semiconductors NV - Business segments
    • Exhibit 78: NXP Semiconductor NV – Key news
    • Exhibit 79: NXP Semiconductors NV - Key offerings
    • Exhibit 80: NXP Semiconductors NV - Segment focus
    • Exhibit 81: Siemens AG - Overview
    • Exhibit 82: Siemens AG - Business segments
  • 10.12 Super Micro Computer Inc.
    • Exhibit 83: Siemens AG – Key news
    • Exhibit 84: Siemens AG - Key offerings
    • Exhibit 85: Siemens AG - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Currency conversion rates for US$
  • 11.3 Research methodology
    • Exhibit 91: Currency conversion rates for US$
    • Exhibit 92: Research Methodology
  • 11.4 List of abbreviations
    • Exhibit 93: Validation techniques employed for market sizing
    • Exhibit 94: Information sources
    • Exhibit 95: List of abbreviations

About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/industrial-iot-gateway-market---36-of-growth-to-originate-from-apac-process-segment-to-be-significant-for-revenue-generationtechnavio-301545066.html

SOURCE Technavio


[ Back To TMCnet.com's Homepage ]