Albany, NY -- (SBWIRE) -- 09/08/2017 -- An IoT gateway is a switching device used for aggregating, filtering, and processing sensor data by providing a highly-secured platform. IoT gateways are used in the industry for important applications such as device connectivity and protocol translation. As the trend for IoT is growing with the rising in number of connected devices, the demand for IoT gateways is increasing as well. The need for IoT gateways was realized when the evolution of connected things took the momentum since the last few years. The report segments the market based on types of applications, end-users, and geographical regions and provides the market share carried by each segment.
The global industrial IoT gateway market to grow at a CAGR of 14.71% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global industrial IoT gateway market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
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The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Technavio's report, Global Industrial IoT Gateway Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
- AAEON
- ADLINK
- Advantech
- Dell
- Hewlett Packard Enterprise
Other prominent vendors
- Cisco
- Huawei
- Siemens
- Eurotech
- Lantronix
Market driver
- Increased amount of data generation due to industrial IoT.
- For a full, detailed list, view our report
Market challenge
- Increased capital investment for industrial IoT.
- For a full, detailed list, view our report
Market trend
- Emergence of M2M communication systems.
- For a full, detailed list, view our report
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