Pune, India -- (SBWire) -- 02/27/2019 --Internet Of Thing IOT Node and Gateway Market accounted to USD 3.5 billion in 2016 growing at a CAGR of 31.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

This report studies the global market size of IOT Node and Gateway in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption in these regions.
This research report categorizes the Global IOT Node and Gateway market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.

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Some of the major players operating in IOT node and gateway market are:

Aaeon Technology Inc., Adlink Technology Inc., Advantech Co., Ltd., Beep Inc., Cisco Systems Inc., Dell Inc., Estimote Inc., Eurotech S.P.A, Helium Systems Inc., Hewlett Packard Enterprise Co., Huawei Investment & Holding Co., Ltd., Intel Corporation, Microchip Technology Inc., NXP Semiconductors N.V., Nexcom International Co., Ltd., Notion, Samsara Networks Inc., Stmicroelectronics N.V., TE Connectivity Ltd., Texas Instruments Incorporated among others. In 2017, NXP Semiconductor N.V., partners with Amazon Web service to successfully complete the integration of Amazon Greengrass on its Layerscape Intelligent Gateway platform.

Competitive Analysis:

IOT Node and Gateway Market are highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flow cytometry market for global, Europe, North America, Asia Pacific and South America.

Global Demand for IoT Node and Gateway is forecast to report strong growth driven by consumption in major emerging markets. More growth opportunities to turn up between 2018 and 2025 compared to a few years ago, suggesting the rapid pace of change. Companies quickly adapting to this changing landscape are emerging as top performers and earning attractive revenues through a sustainable transition, innovation, efficient pricing and sales execution strategies.

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The report also explores how IoT Node and Gateway manufacturers are adapting to the changing market conditions through key industry strategies. The existing companies in IoT Node and Gateway market are identified and ranked according to their market shares. In addition, company to company comparison (Company benchmarking) and product-to-product comparison (Product benchmarking) are included in the research work. It presents key competitive factors that are vital for companies to excel in challenging market conditions. To provide insights into the operating companies, business profiles of leading IoT Node and Gateway manufacturers are included in the report.

The report describes the IoT node and gateway market and the related developments in this market in terms of hardware and end-use applications across different regions. This report aims at estimating the market size and future growth potential of this market across different segments such as hardware, end-use application, and geography. Moreover, the report includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.

Major Market Drivers and Restraints:

- Availability of Internet Connectivity
- Growth in use of wireless sensors
- Increased IP address space and better security solution through IPV6
- Growing Market of Connected Devices
- Concerns regarding the security and privacy of the user data

Scope Of Report:-

On the basis of hardware the IOT node and gateway market is segmented into Processor, Sensors, Connectivity IC, Memory Devices, and Logic Devices. The memory devices market is expected to grow in the forecasted period.

On the basis of application the IOT node and gateway market is segmented into Wearable Devices, Healthcare, Automotive & Transportation, Building Automation, Industrial, Consumer Electronics, Retail, Banking, Financial Services, and Insurance (BFSI, Oil & Gas, Agriculture, Aerospace and Defense, Others. The Oil & Gas market is expected to grow in the forecasted period.

On the basis of geography, IOT node and gateway market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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