The IoT Nodes and Gateways market is expected to gain market growth in the forecast period from January 2020 to 2027. Data Bridge market research predicts that the market will grow and reach 17% CAGR over the forecast period from 2021 to 2027. $4,084.06 million by 2027. The growing use of connected devices and wireless networking technologies in the end-use industry is accelerating the market growth. Government emerging initiatives to promote IoT platforms and devices; Increasing smart city construction is a factor attribute driving the demand for IoT node gateways in the future.
A full report of IoT Node and Gateway Market available at https://www.orionmarketreports.com/iot-node-and-gateway-market-share-market/45424/
Key players operating in the global IoT Node and Gateway industry include NXP Semiconductors N.V., TE Connectivity, Dell Technologies, Intel Corporation, Cisco Systems, Huawei technologies Co., Ltd., Microchip Technologies Inc., Nexcom International, Helium Systems Inc., StMicroelectronics N.V., Estimote Inc., and Others.
IoT Node and Gateway Market: Segmentation
By Hardware
• Processor
• Connectivity IC
• Sensor
• Memory Device
• Logic Device
By End User Application
• Healthcare
• Wearable devices
• Building automation
• Consumer electronics
• Retail
• Banking, financial service & insurance (BFSI)
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)