Global IoT Gateway Devices Market Overview, Growth Challenges Survey & Forecast to 2026

The IoT gateway devices market is projected to observe significant growth over the coming years due to the increasing trend of integrating IoT technologies into building management systems. Building managers can easily get access to real-time data pertaining to HVAC/R (heating, ventilation, air conditioning, and refrigeration) using cloud technology and IoT enabled sensors in facility management. This technology can effectively be used across a variety of structures including industrial, residential, and commercial buildings. Overall, through the rising connected building trend, the demand for IoT gateway devices is likely to go up tremendously.    

In addition, growing investments in the IoT sector by various global technology giants spread should also outline the overall market growth outlook. Citing an instance, in 2018, Microsoft Corporation announced its plan to invest more than $5 billion in the field of IoT over the course of the four years. Likewise, in 2019, IBM, another renowned tech giant reportedly announced its plan to invest over $25 million towards technology solutions that integrate cloud, blockchain, AI, and IoT to save lives and expedite recovery in the wake of natural disasters.

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IoT Gateway Devices Market on the basis of application, the market is mainly bifurcated into healthcare, wearable device, building automation, automotive & transportation, consumer electronics and industrial production. Among these, the healthcare application segment recorded a market share of more than 15% in 2019, and is estimated to register a CAGR of 17% within the predicted timeframe. Surging deployment of IoT devices and solutions in healthcare facilities and hospitals could play a crucial role in accelerating industry growth.

IoT devices help in improving the operating efficiency of healthcare professionals and doctors by enabling them to instantly access patient records using smart sensors, connected patient monitoring solutions and medical wearable devices. Technologies such as these has also paved the way for remote monitoring and treatment of patients. Citing an instance, earlier in February 2019, VivaLNK released an IoT-built medical wearable sensor solution for constant patient-monitoring applications.

On the regional landscape, Europe is considered to be a lucrative market for IoT gateway devices market manufacturers. Reports suggest that the market could account for almost 15% CAGR by the end of 2026. Supportive federal initiatives backed by government investments aimed at driving smart infrastructure activities could stir significant growth opportunities for IoT gateway hardware manufacturers. As per the European Commission (EC), the government intends to build over 300 smart cities by 2020.

Additionally, presence of large-scale automotive OEMs like Audi AG, Daimler, and Volkswagen in Europe could broaden the industry landscape for IoT companies. Automakers are focusing on incorporating IoT systems like advanced sensors and ADAS solutions to enhance vehicle safety and performance.   

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Table Of Content:

Chapter 5      IoT Gateway Devices Market, By Connectivity Technology

5.1      Key trends, by connectivity technology

5.2      Bluetooth

5.2.1    Market estimates and forecast, 2016-2026

5.3      Wi-Fi

5.3.1    Market estimates and forecast, 2016-2026

5.4      Zigbee

5.4.1    Market estimates and forecast, 2016-2026

5.5      Ethernet

5.5.1    Market estimates and forecast, 2016-2026

5.6      Z-Wave

5.6.1    Market estimates and forecast, 2016-2026

5.7      Others

5.7.1    Market estimates and forecast, 2016-2026

Chapter 6      IoT Gateway Devices Market, By Component

6.1      Key trends, by component

6.2      MCU

6.2.1    Market estimates and forecast, 2016-2026

6.3      FPGA

6.3.1.1    Market estimates and forecast, 2016-2026

6.4      Sensors

6.4.1    Market estimates and forecast, 2016-2026

6.5      Memory

6.5.1.1    Market estimates and forecast, 2016-2026

6.6      Others

6.6.1.1    Market estimates and forecast, 2016-2026

Chapter 7      IoT Gateway Device Market, By Application

7.1      Key trends by application

7.2      Wearable devices

7.2.1    Market estimates and forecast, 2016-2026

7.3      Healthcare

7.3.1    Market estimates and forecast, 2016-2026

7.4      Automotive and transportation

7.4.1    Market estimates and forecast, 2016-2026

7.5      Building automation

7.5.1    Market estimates and forecast, 2016-2026

7.6      Industrial

7.6.1    Market estimates and forecast, 2016-2026

7.7      Consumer electronics

7.7.1    Market estimates and forecast, 2016-2026

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