The IoT node and gateway market
was valued at USD 387.1 billion in 2020 and is projected to reach USD 566.4
billion by 2027; it is expected to grow at a CAGR of 6.7% from 2021 to 2027.
The key factors driving the growth of the IoT node and gateway market include
emergence of 5G technology, growing use of wireless smart sensors and networks,
growing market for connected devices, increasing necessity of data centers due
to rising adoption of cloud platforms, and others.
Cross-domain
collaborations and government support for research and development of IoT
technologies are creating opportunities for the IoT node and gateway market.
Some of the key companies operating in the IoT node and gateway market are
Intel Corporation, Huawei Technologies Co., Ltd., NXP Semiconductor N.V., Texas
Instruments Incorporated, Cisco Systems, Inc., Hewlett Packard Enterprise, TE
Connectivity Ltd., Advantech Co. Ltd., Dell Technologies, Microchip Technology
Inc., Notion, Helium System Inc., Samsara Networks Inc., Beep Inc., Estimote
Inc., Aaeon Technology Inc., Nexcom International Co. Ltd., STMicroelectronics
N.V., Eurotech S.P.A, Adlink Technology Inc., Volansys Technologies, Embitel
Technologies, Mitsubishi Electric Corporation, Lantronix, Inc., and
Cradlepoint, Inc., and so on.
intel corporation
has 6 major operating segments—Client Computing Group (CCG), Data Center Group
(DCG), Internet of Things Group (IoTG), Non-Volatile Memory Solutions Group
(NSG), Mobileye, and Programmable Solutions Group (PSG). Intel offers a range
of solutions for various end-user industries. The company provides IoT products
and solutions through its IOTG business segment. The company designs and
manufactures advanced integrated digital technology platforms. It also develops
and sells software and services primarily focused on security and technology
integration. The security products offered by the company include data
protection and encryption, database security, endpoint protection, network
security, security management, server security, security information and event
management (SIEM), and web security. The company’s IoTG segment offers products
for retail, industrial, financial services and banking, education, government,
building automation, transportation, and healthcare. It spends about 20% of its
revenue on R&D every year. With such high investments in R&D, the
company has vast product offerings for the IoT market with the latest
technological advancements.
Huawei Technologies
Co., Ltd., has 4 main operating segments, namely, Consumer Business, Carrier
Business, Enterprise Business, and Others. The Enterprise segment offers a
digital infrastructure by using new ICT technologies such as artificial
intelligence, cloud, big data, Internet of Things, video, and data
communication to provide products and services that help customers from
government, public utilities, finance, energy, transport, motor vehicle, and
other fields in digitalization.
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NXP Semiconductors
N.V., its offerings can be used for a wide range of end-market applications,
including automotive, industrial, Internet of Things (IoT), mobile, and
communication infrastructure. It also produces secure connectivity solutions
for embedded applications. The company engages with leading global original
equipment manufacturers (OEM) and sell products in all major geographic
regions. The company has a widespread presence with operations in about 30
countries along with a comprehensive customer base. It serves about 25,000
customers through its direct sales channel as well as through its network of
distribution channel partners.
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