IoTノード&ゲートウェイ市場 : 2029年までの世界予測

IoT Node and Gateway Market - Global Forecast to 2029

IoTノード&ゲートウェイ市場 : ハードウェア (プロセッサ、接続 IC、センサー、メモリ、ロジックデバイス)、最終用途用途 (家電、ビルディング オートメーション、自動車&輸送、ウェアラブルデバイス、小売) &地域別 - 2029年までの世界予測
IoT Node and Gateway Market by Hardware (Processor, Connectivity IC, Sensor, Memory, Logic Devices), End-use Application (Consumer Electronics, Building Automation, Automotive & Transportation, Wearable Devices, Retail) and Region - Global Forecast to 2029
出版MarketsandMarkets
出版年月2024年5月
ページ数470
図表数518
価格タイプシングルユーザライセンス
価格USD 7,150
種別英文調査報告書

Report Overview

The IoT Node and Gateway market is projected to grow from USD 424.6 billion in 2024 and is projected to reach USD 604.7 billion by 2029; it is expected to grow at a CAGR of 7.3% from 2024 to 2029.

IoTノード&ゲートウェイ市場は、2024 年の 4,246 億米ドルから成長し、2029 年までに 6,047 億米ドルに達すると予測されています。 2024 年から 2029 年にかけて 7.3% の CAGR で成長すると予想されています。

Growing use of wireless smart sensors and networks, Increasing need for data centers, and Focus on industrial automation and Industry 4.0 to fuel the growth of IoT Node and Gateway market.

IoTノード&ゲートウェイ市場 : 2029年までの世界予測

“Market for Connectivity IC to hold the largest share during the forecast period.”
Wi-Fi, Bluetooth, Cellular Networks (4G LTE, 5G), Low-Power Wide Area Networks (LPWAN), and other wireless technologies play crucial roles in connecting devices and driving innovation in IoT hardware. Wi-Fi 6 and upcoming Wi-Fi 7 boast significant speed increases, greater capacity for handling numerous connected devices, and lower latency for real-time applications. Bluetooth 5.3 offers improved range and data transfer rates. Advancements in these technologies, such as higher data transfer rates, increased network capacity, improved security, extended range, and enhanced power efficiency, fuel the development of next-generation IoT hardware. These innovations enable real-time processing, broader connectivity, enhanced security, longer deployment times, and more efficient power usage, leading to impactful applications across industries like smart homes, industrial automation, healthcare, agriculture, and smart cities. As these technologies continue to advance, the future promises even more sophisticated IoT hardware, shaping a more connected and intelligent world.

IoTノード&ゲートウェイ市場 : 2029年までの世界予測 ecosystem

“Market for Consumer electronics segment is projected to hold for largest share during the forecast timeline.”
The consumer electronics segment accounts for major share in IoT Node and Gateway market. The consumer electronics application includes various devices such as smart TV, smart Light, s mart washing machine, smart refrigerator, smart oven, smart dishwasher, and other smart home appliances. Smart TVs connected to the Internet can perform various activities, such as provide overlay related information on the main viewing screen, collect data from the user’s viewing history, and making assumptions about the user’s future viewing. Smart TVs are connected with SmartThings, an open platform that allows users to connect, manage, and control smart devices and IoT services. In January 2024, Panasonic announced a collaboration with Amazon to integrate Fire TV into its new smart TVs, starting this year. These TVs will offer high-quality streaming experiences and full Alexa integration, allowing users to control their TVs and smart home devices with voice commands. This move reflects the rising demand for smart TVs with advanced features. As smart TVs become more prevalent, the need for IoT nodes and gateways increases to facilitate seamless communication between devices and the cloud.

“North America is expected to have the largest market share during the forecast period.”
With the growing popularity of smart home devices, IoT nodes and gateways are becoming essential components for seamless data collection, secure communication, and ultimately, a more convenient and automated smart home experience. Overall, 85% of Americans own two or more smart devices, and this number is expected to rise, with a shift towards standalone smart home devices alongside the ubiquitous presence of smartphones and smart speakers. This presents a significant opportunity for manufacturers to capitalize on the expanding market and contribute to the advancement of smart technology in North America.

IoTノード&ゲートウェイ市場 : 2029年までの世界予測 region
Extensive primary interviews were conducted with key industry experts in the IoT Node and Gateway market space to determine and verify the market size for various segments and subsegments gathered through secondary research. The break-up of primary participants for the report has been shown below:

The break-up of the profile of primary participants in the IoT Node and Gateway market:
• By Company Type: Tier 1 – 40%, Tier 2 – 35%, and Tier 3 – 25%
• By Designation: C Level – 45%, Director Level – 35%, Others-20%
• By Region: North America – 40%, Europe – 18%, Asia Pacific – 35%, ROW- 7%

Major vendors in the IoT Node and Gateway market include Intel Corporation (US), Qualcomm Technologies, Inc. (US), Texas Instruments Incorporated (US), STMicroelectronics (Switzerland), Microchip Technology Inc. (US), Huawei Technologies Co., Ltd. (China), NXP Semiconductors N.V. (Netherlands), Cisco Systems, Inc. (US), Hewlett Packard Enterprise Development LP (US), TE Connectivity Ltd (Switzerland), Advantech Co., Ltd. (Taiwan), Dell Technologies (US), among others.
Apart from this, Siemens (Germany), Helium Systems Inc. (US), Samsara Networks Inc. (US), Beep Inc. (US), Estimote Inc. (US), AAEON Technology Inc. (Taiwan), Nexcom International Co., Ltd. (Taiwan), Eurotech (Italy), ADLINK Technology Inc. (Taiwan), VOLANSYS (US), Embitel Technologies (India), Mitsubishi Electric Corporation (Japan), Lantronix, Inc. (US), Cradlepoint, Inc (US), are among a few emerging companies in the IoT Node and Gateway market.

Research Coverage: This research report categorizes the IoT Node and Gateway market based on Hardware, End-use Application and region. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the IoT Node and Gateway market and forecasts the same till 2029. Apart from these, the report also consists of leadership mapping and analysis of all the companies included in the IoT Node and Gateway ecosystem.
Key Benefits of Buying the Report The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall IoT Node and Gateway Market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:
• Analysis of key drivers (Emergence of 5G technology, Growing use of wireless smart sensors and networks, Provision of increased IP address space through IPv6, Increasing need for data centers, Growing market for connected devices, Focus on industrial automation and Industry 4.0) influencing the growth of the IoT Node and Gateway market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the IoT Node and Gateway market.
• Market Development: Comprehensive information about lucrative markets – the report analyzes the IoT Node and Gateway Market across varied regions
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the IoT Node and Gateway Market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Intel Corporation (US), Qualcomm Technologies, Inc. (US), Texas Instruments Incorporated (US), STMicroelectronics (Switzerland), Microchip Technology Inc. (US) among others in the IoT Node and Gateway Market.

Table of Contents

1            INTRODUCTION            56

1.1         STUDY OBJECTIVES      56

1.2         MARKET DEFINITION   56

1.2.1      INCLUSIONS AND EXCLUSIONS 57

1.3         STUDY SCOPE  57

1.3.1      MARKETS COVERED     57

FIGURE 1           IOT NODE AND GATEWAY MARKET SEGMENTATION   58

1.3.2      REGIONAL SCOPE         58

1.3.3      YEARS CONSIDERED     59

1.4         CURRENCY CONSIDERED          59

1.5         UNITS CONSIDERED     59

1.6         LIMITATIONS   59

1.7         STAKEHOLDERS            60

1.8         SUMMARY OF CHANGES            61

1.9         IMPACT OF RECESSION 62

FIGURE 2           GDP GROWTH PROJECTION DATA FOR MAJOR ECONOMIES, 2021–2023          62

1.10       GDP GROWTH PROJECTION FOR MAJOR ECONOMIES UNTIL 2024              63

2            RESEARCH METHODOLOGY     64

2.1         RESEARCH DATA           64

FIGURE 3           IOT NODE AND GATEWAY MARKET: RESEARCH DESIGN              64

2.1.1      SECONDARY DATA       65

2.1.1.1   Major secondary sources    66

2.1.1.2   Key data from secondary sources     66

2.1.2      PRIMARY DATA 67

2.1.2.1   Key participants in primary interviews           67

2.1.2.2   Key data from primary sources         67

2.1.2.3   Insights of industry experts 68

2.1.2.4   Breakdown of primaries     68

2.1.3      SECONDARY AND PRIMARY RESEARCH 69

2.2         MARKET SIZE ESTIMATION       70

FIGURE 4           MARKET SIZE ESTIMATION METHODOLOGY—APPROACH (DEMAND SIDE): BOTTOM-UP APPROACH TO ESTIMATE IOT NODE AND GATEWAY MARKET SIZE            70

2.2.1      BOTTOM-UP APPROACH           71

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH       71

2.2.1.1   Estimating market size using bottom-up approach (demand side)            71

2.2.2      TOP-DOWN APPROACH             72

FIGURE 6           MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH       72

2.2.2.1   Estimating market size using top-down approach (supply side)  72

2.3         DATA TRIANGULATION             73

FIGURE 7           DATA TRIANGULATION             73

2.4         RESEARCH ASSUMPTIONS         74

FIGURE 8           ASSUMPTIONS OF RESEARCH STUDY    74

2.5         RISK ASSESSMENT         75

TABLE 1             LIMITATIONS & ASSOCIATED RISKS      75

2.6         PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT ON MARKET            76

2.7         RESEARCH LIMITATIONS           76

3            EXECUTIVE SUMMARY 77

FIGURE 9           CONNECTIVITY ICS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD    78

FIGURE 10         CONSUMER SEGMENT TO DOMINATE IOT NODE AND GATEWAY MARKET FROM 2024 TO 2029              79

FIGURE 11         ASIA PACIFIC TO RECORD HIGHEST CAGR DURING FORECAST PERIOD              80

4            PREMIUM INSIGHTS      81

4.1         ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN IOT NODE AND GATEWAY MARKET           81

FIGURE 12         INCREASING USE OF 5G TO POWER IOT TECHNOLOGIES TO BOOST MARKET            81

4.2         IOT NODE AND GATEWAY MARKET, BY HARDWARE     81

FIGURE 13         LOGIC DEVICES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD     81

4.3         IOT NODE AND GATEWAY MARKET, BY END-USE APPLICATION              82

FIGURE 14         CONSUMER ELECTRONICS SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2023          82

4.4         IOT NODE AND GATEWAY MARKET, BY COUNTRY        82

FIGURE 15         IOT NODE AND GATEWAY MARKET IN CHINA TO RECORD HIGHEST CAGR FROM 2024 TO 2029       82

5            MARKET OVERVIEW     83

5.1         INTRODUCTION            83

5.2         MARKET DYNAMICS     84

FIGURE 16         IOT NODE AND GATEWAY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    84

5.2.1      DRIVERS            84

5.2.1.1   Emergence of 5G technology           84

FIGURE 17         GLOBAL INTERNET PENETRATION RATE          85

5.2.1.2   Growing use of wireless smart sensors and networks    86

5.2.1.3   Provision of increased IP address space through IPv6  86

FIGURE 18         CONNECTION OF NODES TO CLOUD VIA IPV6  87

5.2.1.4   Increasing need for data centers       88

5.2.1.5   Growing market for connected devices           88

5.2.1.6   Focus on industrial automation and Industry 4.0          89

FIGURE 19         IOT NODE AND GATEWAY MARKET: IMPACT OF DRIVERS              90

5.2.2      RESTRAINTS     91

5.2.2.1   Concerns regarding security and data privacy 91

5.2.2.2   High power consumption by wireless sensor terminals and connected devices              92

FIGURE 20         IOT NODE AND GATEWAY MARKET: IMPACT OF RESTRAINTS              93

5.2.3      OPPORTUNITIES           93

5.2.3.1   Cross-domain collaborations            93

FIGURE 21         CROSS-DOMAIN IOT COLLABORATIONS            93

5.2.3.2   Government support for research and development of IoT technologies  94

5.2.3.3   Accelerated IoT adoption in healthcare sector              95

FIGURE 22         HEALTHCARE APPLICATIONS OF IOT   95

FIGURE 23         IOT NODE AND GATEWAY MARKET: IMPACT OF OPPORTUNITIES           96

5.2.4      CHALLENGES   96

5.2.4.1   Lack of common protocols and communication standards          96

TABLE 2             KEY PLATFORMS SUPPORTING MULTIPLE COMMUNICATION STANDARDS     97

5.2.4.2   Requirement for wireless spectrum and licensed spectrum         98

TABLE 3             TYPES OF BANDS USED IN IOT MARKET             98

5.2.4.3   Project delays due to shortage of skilled personnel and connectivity issues              99

FIGURE 24         IOT NODE AND GATEWAY MARKET: IMPACT OF CHALLENGES              99

5.3         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       100

FIGURE 25         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS              100

5.4         PRICING ANALYSIS        101

5.4.1      AVERAGE SELLING PRICE (ASP) TREND, BY HARDWARE             101

TABLE 4             AVERAGE SELLING PRICE (ASP) TREND, BY HARDWARE, 2020–2029 (USD)        101

FIGURE 26         AVERAGE SELLING PRICE (ASP) TREND, BY HARDWARE, 2020–2029 (USD)        102

5.4.2      AVERAGE SELLING PRICE (ASP) TREND OF KEY PLAYERS, BY HARDWARE      102

FIGURE 27         AVERAGE SELLING PRICE (ASP) TREND FOR HARDWARE OFFERED BY KEY PLAYERS (USD)          102

TABLE 5             AVERAGE SELLING PRICE (ASP) TREND FOR HARDWARE OFFERED BY KEY PLAYERS (USD)          103

5.4.3      AVERAGE SELLING PRICE (ASP) TREND, BY REGION      103

FIGURE 28         AVERAGE SELLING PRICE (ASP) TREND FOR CONNECTIVITY ICS, BY REGION, 2020–2029 (USD)           104

FIGURE 29         AVERAGE SELLING PRICE (ASP) TREND FOR PROCESSORS, BY REGION, 2020–2029 (USD)          104

5.5         VALUE CHAIN ANALYSIS            105

FIGURE 30         IOT NODE AND GATEWAY MARKET: VALUE CHAIN ANALYSIS              105

5.6         ECOSYSTEM ANALYSIS 107

FIGURE 31         IOT NODE AND GATEWAY ECOSYSTEM             107

TABLE 6             ROLES OF COMPANIES IN IOT NODE AND GATEWAY ECOSYSTEM     108

5.7         INVESTMENT AND FUNDING SCENARIO            109

FIGURE 32         INVESTMENT AND FUNDING SCENARIO FOR STARTUPS, 2020–2023 (USD MILLION)     109

5.8         TECHNOLOGY ANALYSIS           110

5.8.1      KEY TECHNOLOGIES    110

5.8.1.1   Edge computing   110

5.8.1.2   Wireless communication protocols   110

5.8.2      COMPLEMENTARY TECHNOLOGIES     111

5.8.2.1   Artificial intelligence          111

5.8.2.2   Machine learning 111

5.8.2.3   Digital twin          112

5.8.2.4   Big data analytics 112

5.8.3      ADJACENT TECHNOLOGIES      113

5.8.3.1   Cloud computing 113

5.9         PATENT ANALYSIS        114

TABLE 7             IOT NODE AND GATEWAY-RELATED PATENT REGISTRATIONS            114

FIGURE 33         NUMBER OF PATENTS GRANTED PER YEAR, 2014–2024 119

FIGURE 34         COMPANIES WITH MAXIMUM PATENT APPLICATIONS IN LAST 10 YEARS           119

TABLE 8             TOP 20 PATENT OWNERS IN LAST 10 YEARS      120

5.10       TRADE ANALYSIS          120

5.10.1    HVAC SYSTEMS 120

5.10.1.1 Import scenario (HS code 8415 and HS code 841510) 121

FIGURE 35         IMPORT DATA FOR AIR CONDITIONING MACHINES DESIGNED TO BE FIXED TO WINDOW, WALL, CEILING OR FLOOR, SELF-CONTAINED OR ‘SPLIT-SYSTEM’, BY COUNTRY, 2018–2022 (USD MILLION)              121

5.10.1.2 Export scenario (HS code 8415 and HS code 841510) 122

FIGURE 36         EXPORT DATA FOR AIR CONDITIONING MACHINES DESIGNED TO BE FIXED TO A WINDOW, WALL, CEILING OR FLOOR, SELF-CONTAINED OR ‘SPLIT-SYSTEM’, BY COUNTRY, 2018–2022 (USD MILLION)              122

5.10.2    VIDEO SURVEILLANCE SYSTEMS            122

5.10.2.1 Import scenario (HS code 8525 and HS code 852580) 123

FIGURE 37        IMPORT DATA FOR TELEVISION CAMERAS, DIGITAL CAMERAS, AND VIDEO CAMERA RECORDERS, BY COUNTRY, 2018–2022 (USD MILLION)              123

5.10.2.2 Export scenario (HS code 8525 and HS code 852580) 124

FIGURE 38        EXPORT DATA FOR TELEVISION CAMERAS, DIGITAL CAMERAS, AND VIDEO CAMERA RECORDERS, BY COUNTRY, 2018–2022 (USD MILLION)              124

5.10.3    FIRE PROTECTION SYSTEMS     124

5.10.3.1 Import scenario (HS code 8424 and HS code 842410) 125

FIGURE 39         IMPORT DATA FOR FIRE EXTINGUISHERS, WHETHER OR NOT CHARGED, BY COUNTRY, 2018–2022 (USD MILLION)      125

5.10.3.2 Export scenario (HS code 8424 and HS code 842410) 126

FIGURE 40         EXPORT DATA FOR FIRE EXTINGUISHERS, WHETHER OR NOT CHARGED, BY COUNTRY, 2018–2022 (USD MILLION)      126

5.11       KEY CONFERENCES AND EVENTS, 2024–2025     127

TABLE 9             IOT NODE AND GATEWAY MARKET: KEY CONFERENCES AND EVENTS, 2024–2025        127

5.12       CASE STUDY ANALYSIS 129

5.12.1    OPTIMIZING IOT GATEWAY DEPLOYMENT FOR SMART CAMPUSES              129

5.12.2    IMPROVING IOT GATEWAY PERFORMANCE FOR REMOTE MONITORING SYSTEMS             129

5.12.3    DEVELOPING IOT GATEWAY SOLUTION FOR SMART CITY INFRASTRUCTURE        130

5.12.4    IMPLEMENTING EDGE COMPUTING SOLUTIONS FOR INDUSTRIAL IOT       130

5.12.5    ENHANCING IOT GATEWAY PERFORMANCE FOR INDUSTRIAL APPLICATIONS 131

5.13       REGULATORY LANDSCAPE       131

5.13.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          131

TABLE 10           NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         131

TABLE 11           EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 132

TABLE 12           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         134

TABLE 13           ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          135

5.13.2    STANDARDS AND REGULATIONS RELATED TO IOT NODES AND GATEWAYS       136

TABLE 14           NORTH AMERICA: SAFETY STANDARDS FOR IOT NODES AND GATEWAYS       136

TABLE 15           EUROPE: SAFETY STANDARDS FOR IOT NODES AND GATEWAYS       137

TABLE 16           ASIA PACIFIC: SAFETY STANDARDS FOR IOT NODES AND GATEWAYS       137

TABLE 17           ROW: SAFETY STANDARDS FOR IOT NODES AND GATEWAYS              138

5.14       PORTER’S FIVE FORCES ANALYSIS         138

TABLE 18           IMPACT OF PORTER’S FIVE FORCES ON IOT NODE AND GATEWAY MARKET       138

FIGURE 41         IOT NODE AND GATEWAY MARKET: PORTER’S FIVE FORCES ANALYSIS          139

5.14.1    THREAT OF NEW ENTRANTS    139

5.14.2    THREAT OF SUBSTITUTES         139

5.14.3    BARGAINING POWER OF SUPPLIERS     140

5.14.4    BARGAINING POWER OF BUYERS           140

5.14.5    INTENSITY OF COMPETITIVE RIVALRY 140

5.15       KEY STAKEHOLDERS AND BUYING CRITERIA    141

5.15.1    KEY STAKEHOLDERS IN BUYING PROCESS         141

FIGURE 42         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USE APPLICATIONS   141

TABLE 19           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USE APPLICATIONS (%)          141

5.15.2    BUYING CRITERIA         142

FIGURE 43         KEY BUYING CRITERIA FOR TOP THREE END-USE APPLICATIONS 142

TABLE 20           KEY BUYING CRITERIA FOR TOP THREE END-USE APPLICATIONS 142

6            IOT NODE AND GATEWAY MARKET, BY HARDWARE     143

6.1         INTRODUCTION            144

FIGURE 44         IOT NODE AND GATEWAY MARKET, BY HARDWARE     144

TABLE 21           IOT NODE AND GATEWAY MARKET, BY HARDWARE, 2020–2023 (MILLION UNITS)          145

TABLE 22           IOT NODE AND GATEWAY MARKET, BY HARDWARE, 2024–2029 (MILLION UNITS)          145

FIGURE 45         CONNECTIVITY ICS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE FROM 2024 TO 2029      146

6.2         PROCESSORS    146

TABLE 23           IOT NODE AND GATEWAY MARKET FOR PROCESSORS, BY TYPE, 2020–2023 (MILLION UNITS)         147

TABLE 24           IOT NODE AND GATEWAY MARKET FOR PROCESSORS, BY TYPE, 2024–2029 (MILLION UNITS)         147

6.2.1      MICROCONTROLLER UNIT (MCU)         147

6.2.1.1   Rising integration of MCUs in wearable devices          147

6.2.2      MICROPROCESSOR UNIT (MPU)             148

6.2.2.1   Growing proliferation of MPUs in industrial automation           148

6.2.3      DIGITAL SIGNAL PROCESSOR (DSP)      149

6.2.3.1   Increasing demand for DSPs in aerospace & defense    149

6.2.4      APPLICATION PROCESSOR (AP)             149

6.2.4.1   Rising deployment of APs in wearable devices             149

TABLE 25           IOT NODE AND GATEWAY MARKET FOR PROCESSORS, BY END-USE APPLICATION, 2020–2023 (MILLION UNITS)    150

TABLE 26           IOT NODE AND GATEWAY MARKET FOR PROCESSORS, BY END-USE APPLICATION, 2024–2029 (MILLION UNITS)    150

TABLE 27           IOT NODE AND GATEWAY MARKET FOR PROCESSORS, BY INDUSTRIAL APPLICATION, 2020–2023 (MILLION UNITS)            150

TABLE 28           IOT NODE AND GATEWAY MARKET FOR PROCESSORS, BY INDUSTRIAL APPLICATION, 2024–2029 (MILLION UNITS)            151

TABLE 29           IOT NODE AND GATEWAY MARKET FOR PROCESSORS, BY CONSUMER APPLICATION, 2020–2023 (MILLION UNITS)             151

TABLE 30           IOT NODE AND GATEWAY MARKET FOR PROCESSORS, BY CONSUMER APPLICATION, 2024–2029 (MILLION UNITS)             151

6.3         SENSORS           152

6.3.1      USED TO MEASURE VARIOUS PARAMETERS IN IOT DEVICES     152

TABLE 31           IOT NODE AND GATEWAY MARKET FOR SENSORS, BY TYPE, 2020–2023 (MILLION UNITS)      153

TABLE 32           IOT NODE AND GATEWAY MARKET FOR SENSORS, BY TYPE, 2024–2029 (MILLION UNITS)      154

6.3.2      ACCELEROMETER         154

6.3.3      INERTIAL MEASUREMENT UNIT (IMU)  155

6.3.4      HEART RATE SENSOR   155

6.3.5      PRESSURE SENSOR        156

6.3.6      TEMPERATURE SENSOR             156

6.3.7      BLOOD GLUCOSE SENSOR        157

6.3.8      BLOOD OXYGEN SENSOR          158

6.3.9      ELECTROCARDIOGRAM (ECG) SENSOR 158

6.3.10    HUMIDITY SENSOR       158

6.3.11    IMAGE SENSOR 159

6.3.12    AMBIENT LIGHT SENSOR           160

6.3.13    FLOW SENSOR  160

6.3.14    LEVEL SENSOR 160

6.3.15    CHEMICAL SENSOR       161

6.3.16    CARBON MONOXIDE SENSOR   161

6.3.17    MOTION AND POSITION SENSOR          161

6.3.18    CAMERA MODULE        162

6.3.19    OTHER SENSORS           162

TABLE 33           IOT NODE AND GATEWAY MARKET FOR SENSORS, BY END-USE APPLICATION, 2020–2023 (MILLION UNITS)             163

TABLE 34           IOT NODE AND GATEWAY MARKET FOR SENSORS, BY END-USE APPLICATION, 2024–2029 (MILLION UNITS)             163

TABLE 35           IOT NODE AND GATEWAY MARKET FOR SENSORS, BY INDUSTRIAL APPLICATION, 2020–2023 (MILLION UNITS)            163

TABLE 36           IOT NODE AND GATEWAY MARKET FOR SENSORS, BY INDUSTRIAL APPLICATION, 2024–2029 (MILLION UNITS)            164

TABLE 37           IOT NODE AND GATEWAY MARKET FOR SENSORS, BY CONSUMER APPLICATION, 2020–2023 (MILLION UNITS)             164

TABLE 38           IOT NODE AND GATEWAY MARKET FOR SENSORS, BY CONSUMER APPLICATION, 2024–2029 (MILLION UNITS)             164

6.4         CONNECTIVITY INTEGRATED CIRCUITS (ICS)  165

6.4.1      CONNECTIVITY TECHNOLOGY 165

TABLE 39           IOT NODE AND GATEWAY MARKET FOR CONNECTIVITY INTEGRATED CIRCUITS, BY CONNECTIVITY TECHNOLOGY, 2020–2023 (MILLION UNITS)          165

TABLE 40           IOT NODE AND GATEWAY MARKET FOR CONNECTIVITY INTEGRATED CIRCUITS, BY CONNECTIVITY TECHNOLOGY, 2024–2029 (MILLION UNITS)          166

6.4.1.1   Wired    166

6.4.1.1.1 Ethernet/IP         166

6.4.1.1.1.1           Increasing demand for seamless connectivity in vehicles            166

6.4.1.1.2 Modbus 167

6.4.1.1.2.1           Growing applications across industries           167

6.4.1.1.3 Process Field Network (PROFINET)            167

6.4.1.1.3.1           Widespread adoption in various sectors          167

6.4.1.1.4 Foundation Fieldbus (FF)  168

6.4.1.1.4.1           Increasing use for process automation, monitoring, and control 168

TABLE 41           IOT NODE AND GATEWAY MARKET FOR CONNECTIVITY INTEGRATED CIRCUITS, BY WIRED CONNECTIVITY TECHNOLOGY, 2020–2023 (MILLION UNITS)          168

TABLE 42           IOT NODE AND GATEWAY MARKET FOR CONNECTIVITY INTEGRATED CIRCUITS, BY WIRED CONNECTIVITY TECHNOLOGY, 2024–2029 (MILLION UNITS)          169

6.4.1.2   Wireless 169

6.4.1.2.1 ANT+   169

6.4.1.2.1.1           Rising demand due to preference for battery-powered devices   169

6.4.1.2.2 Bluetooth            170

6.4.1.2.2.1           Wide adoption due to low power consumption and versatility    170

6.4.1.2.3 Bluetooth Smart/Bluetooth Low Energy (BLE)           170

6.4.1.2.3.1           Suited for smart devices like speakers, wearables, and wireless earbuds              170

6.4.1.2.4 ZigBee   171

6.4.1.2.4.1           Increasing applications across devices requiring short-range transmission        171

6.4.1.2.5 Wireless Fidelity (Wi-Fi)   171

6.4.1.2.5.1           Continued popularity due to elevated data transfer rates            171

FIGURE 46         KEY WI-FI ENABLED IOT DEVICES          172

6.4.1.2.6 Near-field Communication (NFC)   172

6.4.1.2.6.1           Enables two-way communication between devices       172

6.4.1.2.7 Cellular network  173

6.4.1.2.7.1           Ideal for IoT applications operating over long distances             173

6.4.1.2.8 WirelessHART    173

6.4.1.2.8.1           Used to collect data from sensors in different locations 173

6.4.1.2.9 Global Positioning System (GPS)/Global Navigation Satellite System (GNSS) module  174

6.4.1.2.9.1           Utilizes satellites to provide positioning information    174

6.4.1.2.10            ISA100  174

6.4.1.2.10.1         Allows swift creation and modification of wireless networks for critical applications         174

6.4.1.2.11            Bluetooth/WLAN 175

6.4.1.2.11.1         Facilitates real-time monitoring and data sharing in healthcare industry              175

TABLE 43           IOT NODE AND GATEWAY MARKET FOR CONNECTIVITY INTEGRATED CIRCUITS, BY WIRELESS CONNECTIVITY TECHNOLOGY, 2020–2023 (MILLION UNITS)  175

TABLE 44           IOT NODE AND GATEWAY MARKET FOR CONNECTIVITY INTEGRATED CIRCUITS, BY WIRELESS CONNECTIVITY TECHNOLOGY, 2024–2029 (MILLION UNITS)  176

TABLE 45           IOT NODE AND GATEWAY MARKET FOR CONNECTIVITY INTEGRATED CIRCUITS, BY END-USE APPLICATION, 2020–2023 (MILLION UNITS) 176

TABLE 46           IOT NODE AND GATEWAY MARKET FOR CONNECTIVITY INTEGRATED CIRCUITS, BY END-USE APPLICATION, 2024–2029 (MILLION UNITS) 176

TABLE 47           IOT NODE AND GATEWAY MARKET FOR CONNECTIVITY INTEGRATED CIRCUITS, BY INDUSTRIAL APPLICATION, 2020–2023 (MILLION UNITS) 177

TABLE 48           IOT NODE AND GATEWAY MARKET FOR CONNECTIVITY INTEGRATED CIRCUITS, BY INDUSTRIAL APPLICATION, 2024–2029 (MILLION UNITS) 177

TABLE 49           IOT NODE AND GATEWAY MARKET FOR CONNECTIVITY INTEGRATED CIRCUITS, BY CONSUMER APPLICATION, 2020–2023 (MILLION UNITS) 177

TABLE 50           IOT NODE AND GATEWAY MARKET FOR CONNECTIVITY INTEGRATED CIRCUITS, BY CONSUMER APPLICATION, 2024–2029 (MILLION UNITS) 178

6.5         MEMORY DEVICES        178

6.5.1      ON-CHIP MEMORY        178

6.5.1.1   Offers high-speed performance with reduced power consumption           178

TABLE 51           IOT NODE AND GATEWAY MARKET FOR MEMORY DEVICES, BY TYPE, 2020–2023 (MILLION UNITS)   179

TABLE 52           IOT NODE AND GATEWAY MARKET FOR MEMORY DEVICES, BY TYPE, 2024–2029 (MILLION UNITS)   179

6.5.2      OFF-CHIP MEMORY/EXTERNAL MEMORY          179

6.5.2.1   Provides significantly larger storage capacity 179

FIGURE 47         FLOW OF DATA FROM EDGE DEVICES/NODES TO STORAGE CENTERS VIA GATEWAYS          180

TABLE 53           IOT NODE AND GATEWAY MARKET FOR MEMORY DEVICES, BY END-USE APPLICATION, 2020–2023 (MILLION UNITS)            180

TABLE 54           IOT NODE AND GATEWAY MARKET FOR MEMORY DEVICES, BY END-USE APPLICATION, 2024–2029 (MILLION UNITS)            181

TABLE 55           IOT NODE AND GATEWAY MARKET FOR MEMORY DEVICES, BY INDUSTRIAL APPLICATION, 2020–2023 (MILLION UNITS)      181

TABLE 56           IOT NODE AND GATEWAY MARKET FOR MEMORY DEVICES, BY INDUSTRIAL APPLICATION, 2024–2029 (MILLION UNITS)      181

TABLE 57           IOT NODE AND GATEWAY MARKET FOR MEMORY DEVICES, BY CONSUMER APPLICATION, 2020–2023 (MILLION UNITS)        182

TABLE 58           IOT NODE AND GATEWAY MARKET FOR MEMORY DEVICES, BY CONSUMER APPLICATION, 2024–2029 (MILLION UNITS)        182

6.6         LOGIC DEVICES             182

6.6.1      FIELD-PROGRAMMABLE GATE ARRAY (FPGA)  183

6.6.1.1   Development of low-power FPGAs for energy-efficient operation           183

TABLE 59           IOT NODE AND GATEWAY MARKET FOR LOGIC DEVICES, 2020–2023 (MILLION UNITS)  183

TABLE 60           IOT NODE AND GATEWAY MARKET FOR LOGIC DEVICES, 2024–2029 (MILLION UNITS)  183

TABLE 61           IOT NODE AND GATEWAY MARKET FOR LOGIC DEVICES, BY END-USE APPLICATION, 2020–2023 (MILLION UNITS)    184

TABLE 62           IOT NODE AND GATEWAY MARKET FOR LOGIC DEVICES, BY END-USE APPLICATION, 2024–2029 (MILLION UNITS)    184

7            IOT NODE AND GATEWAY MARKET, BY END-USE APPLICATION              185

7.1         INTRODUCTION            186

FIGURE 48         IOT NODE AND GATEWAY MARKET, BY END-USE APPLICATION  186

TABLE 63           IOT NODE AND GATEWAY MARKET, BY END-USE APPLICATION, 2020–2023 (USD BILLION)            187

TABLE 64           IOT NODE AND GATEWAY MARKET, BY END-USE APPLICATION, 2024–2029 (USD BILLION)            187

TABLE 65           IOT NODE AND GATEWAY MARKET, BY END-USE APPLICATION, 2020–2023 (MILLION UNITS)       187

TABLE 66           IOT NODE AND GATEWAY MARKET, BY END-USE APPLICATION, 2024–2029 (MILLION UNITS)       188

FIGURE 49         CONSUMER SEGMENT TO LEAD IOT NODE AND GATEWAY MARKET FROM 2024 TO 2029     188

TABLE 67           IOT NODE AND GATEWAY MARKET, BY INDUSTRIAL AND CONSUMER END-USE APPLICATION, 2020–2023 (USD MILLION) 189

TABLE 68           IOT NODE AND GATEWAY MARKET, BY INDUSTRIAL AND CONSUMER END-USE APPLICATION, 2024–2029 (USD MILLION) 189

FIGURE 50         CONSUMER ELECTRONICS SEGMENT TO DOMINATE MARKET FROM 2024 TO 2029       190

TABLE 69           IOT NODE AND GATEWAY MARKET, BY INDUSTRIAL AND CONSUMER END-USE APPLICATION, 2020–2023 (MILLION UNITS)          190

TABLE 70           IOT NODE AND GATEWAY MARKET , BY INDUSTRIAL AND CONSUMER END-USE APPLICATION, 2024–2029 (MILLION UNITS)          191

TABLE 71           IOT NODE MARKET, BY INDUSTRIAL AND CONSUMER END-USE APPLICATION, 2020–2023 (USD MILLION)   192

TABLE 72           IOT NODE MARKET, BY INDUSTRIAL AND CONSUMER END-USE APPLICATION, 2024–2029 (USD MILLION)   192

TABLE 73           IOT NODE MARKET, BY INDUSTRIAL AND CONSUMER END-USE APPLICATION, 2020–2023 (MILLION UNITS)             193

TABLE 74           IOT NODE MARKET, BY INDUSTRIAL AND CONSUMER END-USE APPLICATION, 2024–2029 (MILLION UNITS)             193

TABLE 75           IOT GATEWAY MARKET, BY INDUSTRIAL AND CONSUMER END-USE APPLICATION, 2020–2023 (USD MILLION)       194

TABLE 76           IOT GATEWAY MARKET, BY INDUSTRIAL AND CONSUMER END-USE APPLICATION, 2024–2029 (USD MILLION)       194

TABLE 77           IOT GATEWAY MARKET, BY INDUSTRIAL AND CONSUMER END-USE APPLICATION, 2020–2023 (THOUSAND UNITS)             195

TABLE 78           IOT GATEWAY MARKET, BY INDUSTRIAL AND CONSUMER END-USE APPLICATION, 2024–2029 (MILLION UNITS)    195

7.2         INDUSTRIAL     196

7.2.1      HEALTHCARE  196

7.2.1.1   Increasing digitalization to boost demand      196

TABLE 79           IOT NODE AND GATEWAY MARKET FOR HEALTHCARE, BY DEVICE TYPE, 2020–2023 (USD MILLION)            197

TABLE 80           IOT NODE AND GATEWAY MARKET FOR HEALTHCARE, BY DEVICE TYPE, 2024–2029 (USD MILLION)            198

TABLE 81           IOT NODE MARKET FOR HEALTHCARE, BY DEVICE TYPE, 2020–2023 (THOUSAND UNITS)          199

TABLE 82           IOT NODE MARKET FOR HEALTHCARE, BY DEVICE TYPE, 2024–2029 (THOUSAND UNITS)          199

TABLE 83           IOT NODE AND GATEWAY MARKET FOR HEALTHCARE, BY TYPE, 2020–2023 (THOUSAND UNITS)    200

TABLE 84           IOT NODE AND GATEWAY MARKET FOR HEALTHCARE, BY TYPE, 2024–2029 (THOUSAND UNITS)    200

TABLE 85           IOT NODE AND GATEWAY MARKET FOR HEALTHCARE, BY HARDWARE, 2020–2023 (MILLION UNITS)           200

TABLE 86           IOT NODE AND GATEWAY MARKET FOR HEALTHCARE, BY HARDWARE, 2024–2029 (MILLION UNITS)           201

TABLE 87           IOT NODE AND GATEWAY MARKET FOR HEALTHCARE, BY PROCESSOR TYPE, 2020–2023 (MILLION UNITS) 201

TABLE 88           IOT NODE AND GATEWAY MARKET FOR HEALTHCARE, BY PROCESSOR TYPE, 2024–2029 (MILLION UNITS) 201

TABLE 89           IOT NODE AND GATEWAY MARKET FOR HEALTHCARE, BY REGION, 2020–2023 (USD MILLION)       202

TABLE 90           IOT NODE AND GATEWAY MARKET FOR HEALTHCARE, BY REGION, 2024–2029 (USD MILLION)       202

TABLE 91           IOT NODE AND GATEWAY MARKET FOR HEALTHCARE IN NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION)       202

TABLE 92           IOT NODE AND GATEWAY MARKET FOR HEALTHCARE IN NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION)       203

TABLE 93           IOT NODE AND GATEWAY MARKET FOR HEALTHCARE IN EUROPE, BY COUNTRY, 2020–2023 (USD MILLION)         203

TABLE 94           IOT NODE AND GATEWAY MARKET FOR HEALTHCARE IN EUROPE, BY COUNTRY, 2024–2029 (USD MILLION)         203

TABLE 95           IOT NODE AND GATEWAY MARKET FOR HEALTHCARE IN ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION)          204

TABLE 96           IOT NODE AND GATEWAY MARKET FOR HEALTHCARE IN ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION)          204

TABLE 97          IOT NODE AND GATEWAY MARKET FOR HEALTHCARE IN ROW, BY REGION, 2020–2023 (USD MILLION)  205

TABLE 98          IOT NODE AND GATEWAY MARKET FOR HEALTHCARE IN ROW, BY REGION, 2024–2029 (USD MILLION)  205

TABLE 99           IOT NODE AND GATEWAY MARKET FOR HEALTHCARE IN MIDDLE EAST, BY COUNTRY, 2020–2023 (USD MILLION)             205

TABLE 100         IOT NODE AND GATEWAY MARKET FOR HEALTHCARE IN MIDDLE EAST, BY COUNTRY, 2024–2029 (USD MILLION)             206

7.2.1.2   Device types        206

7.2.1.2.1 Fitness and heart rate monitors        206

7.2.1.2.2 Blood pressure monitors    206

7.2.1.2.3 Blood glucose meters         207

7.2.1.2.4 Continuous glucose monitors           207

7.2.1.2.5 Pulse oximeters   207

7.2.1.2.6 Automated external defibrillators     208

7.2.1.2.7 Programmable syringe pumps          208

7.2.1.2.8 Wearable injectors             209

7.2.1.2.9 Multiparameter monitors   209

7.2.1.2.10            Fall detectors       209

7.2.1.2.11            Smart pill dispensers          210

7.2.1.2.12            Gateways             210

7.2.2      AUTOMOTIVE & TRANSPORTATION     210

7.2.2.1   Autonomous cars and intelligent transportation trends to fuel market growth              210

TABLE 101         IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY DEVICE TYPE, 2020–2023 (USD MILLION)            211

TABLE 102         IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY DEVICE TYPE, 2024–2029 (USD MILLION)            211

TABLE 103         IOT NODE MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY DEVICE TYPE, 2020–2023 (MILLION UNITS)   212

TABLE 104         IOT NODE MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY DEVICE TYPE, 2024–2029 (MILLION UNITS)   212

TABLE 105         IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY TYPE, 2020–2023 (MILLION UNITS)         212

TABLE 106         IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY DEVICE TYPE, 2024–2029 (MILLION UNITS)        213

TABLE 107         IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY HARDWARE, 2020–2023 (MILLION UNITS)           213

TABLE 108         IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY HARDWARE, 2024–2029 (MILLION UNITS)           213

TABLE 109         IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY REGION, 2020–2023 (USD MILLION)       214

TABLE 110         IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY REGION, 2024–2029 (USD MILLION)       214

TABLE 111         IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION IN NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION)          214

TABLE 112         IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION IN NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION)          215

TABLE 113         IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION IN EUROPE, BY COUNTRY, 2020–2023 (USD MILLION)              215

TABLE 114         IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION IN EUROPE, BY COUNTRY, 2024–2029 (USD MILLION)              216

TABLE 115         IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION IN ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION)              216

TABLE 116         IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION IN ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION)              216

TABLE 117         IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION IN ROW, BY REGION, 2020–2023 (USD MILLION)       217

TABLE 118         IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION IN ROW, BY REGION, 2024–2029 (USD MILLION)       217

TABLE 119         IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION IN MIDDLE EAST, BY COUNTRY, 2020–2023 (USD MILLION)              217

TABLE 120         IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION IN MIDDLE EAST, BY COUNTRY, 2024–2029 (USD MILLION)              218

7.2.2.2   Device types        218

7.2.2.2.1 Connected cars    218

7.2.2.2.1.1           Level 1 – driver assistance  218

7.2.2.2.1.1.1        Adaptive cruise control (ACC)        218

7.2.2.2.1.1.2        Lane departure warning system (LDWS)       219

7.2.2.2.1.1.3        Parking assist (PA) system 219

7.2.2.2.1.2           Level 2 – partial automation            219

7.2.2.2.1.2.1        Lane keeps assist (LKA) and ACC (improved)            219

7.2.2.2.1.2.2        PA (improved)    219

7.2.2.2.1.3           Level 3 – conditional automation     219

7.2.2.2.1.3.1        Traffic jam chauffeur         220

7.2.2.2.1.3.2        Highway driving  220

7.2.2.2.1.4           Level 4 – high automation  220

7.2.2.2.1.4.1        Sensor fusion       220

7.2.2.2.1.4.2        Automatic pilot highway    220

7.2.2.2.2 Ultrasonic sensors              220

7.2.2.2.3 Cameras/image sensors     221

7.2.2.2.4 Radar     221

7.2.2.2.5 LiDAR   221

7.2.2.2.6 Infrared (IR) detectors       222

7.2.2.3   In-car infotainment            222

7.2.2.4   Traffic management systems            222

7.2.2.4.1 Vehicle detection sensor    222

7.2.2.4.2 Pedestrian presence sensor 223

7.2.2.4.3 Speed sensor        223

7.2.2.4.4 Thermal camera  223

7.2.2.4.5 Automated incident detection (AID) camera 224

7.2.2.5   Public transport/mass transit systems            224

7.2.2.6   E-tolls/E-highways            224

7.2.2.7   Gateways             224

7.2.3      BUILDING AUTOMATION          225

7.2.3.1   Need for energy efficiency and enhanced security to drive market            225

TABLE 121         IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION, BY DEVICE TYPE, 2020–2023 (USD MILLION)      226

TABLE 122         IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION, BY DEVICE TYPE, 2024–2029 (USD MILLION)      226

TABLE 123         IOT NODE MARKET FOR BUILDING AUTOMATION, BY DEVICE TYPE, 2020–2023 (MILLION UNITS)         227

TABLE 124         IOT NODE MARKET FOR BUILDING AUTOMATION, BY DEVICE TYPE, 2024–2029 (MILLION UNITS)         227

TABLE 125         IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION, BY TYPE, 2020–2023 (MILLION UNITS)   228

TABLE 126         IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION, BY TYPE, 2024–2029 (MILLION UNITS)   228

TABLE 127         IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION, BY HARDWARE, 2020–2023 (MILLION UNITS)      228

TABLE 128         IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION, BY HARDWARE, 2024–2029 (MILLION UNITS)      229

TABLE 129         IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION, BY PROCESSOR TYPE, 2020–2023 (MILLION UNITS)         229

TABLE 130         IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION, BY PROCESSOR TYPE, 2024–2029 (MILLION UNITS)         229

TABLE 131         IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION, BY REGION, 2020–2023 (USD MILLION)  230

TABLE 132         IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION, BY REGION, 2024–2029 (USD MILLION)  230

TABLE 133         IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION IN NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION)              230

TABLE 134         IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION IN NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION)              231

TABLE 135         IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION IN EUROPE, BY COUNTRY, 2020–2023 (USD MILLION)     231

TABLE 136         IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION IN EUROPE, BY COUNTRY, 2024–2029 (USD MILLION)     231

TABLE 137         IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION IN ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION)              232

TABLE 138         IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION IN ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION)              232

TABLE 139         IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION IN ROW, BY REGION, 2020–2023 (USD MILLION) 233

TABLE 140         IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION IN ROW, BY REGION, 2024–2029 (USD MILLION) 233

TABLE 141         IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION IN MIDDLE EAST, BY COUNTRY, 2020–2023 (USD MILLION)              233

TABLE 142         IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION IN MIDDLE EAST, BY COUNTRY, 2024–2029 (USD MILLION)              234

7.2.3.2   Device types        234

7.2.3.2.1 Occupancy sensors            234

7.2.3.2.2 Daylight sensors  234

7.2.3.2.3 Smart thermostats             235

7.2.3.2.4 IP cameras           235

7.2.3.2.5 Smart meters       235

7.2.3.2.6 Smart locks          236

7.2.3.2.7 Smoke detectors  236

7.2.3.2.8 Gateways             236

7.2.4      MANUFACTURING        237

7.2.4.1   Growing adoption of Industry 4.0 to drive demand      237

TABLE 143         IOT NODE AND GATEWAY MARKET FOR MANUFACTURING, BY DEVICE TYPE, 2020–2023 (USD MILLION)      238

TABLE 144         IOT NODE AND GATEWAY MARKET FOR MANUFACTURING, BY DEVICE TYPE, 2024–2029 (USD MILLION)      238

TABLE 145         IOT NODE MARKET FOR MANUFACTURING, BY DEVICE TYPE, 2020–2023 (MILLION UNITS)      239

TABLE 146         IOT NODE MARKET FOR MANUFACTURING, BY DEVICE TYPE, 2024–2029 (MILLION UNITS)      239

TABLE 147         IOT NODE AND GATEWAY MARKET FOR MANUFACTURING, BY TYPE, 2020–2023 (MILLION UNITS)   240

TABLE 148         IOT NODE AND GATEWAY MARKET FOR MANUFACTURING, BY TYPE, 2024–2029 (MILLION UNITS)   240

TABLE 149         IOT NODE AND GATEWAY MARKET FOR MANUFACTURING, BY HARDWARE, 2020–2023 (MILLION UNITS)      240

TABLE 150         IOT NODE AND GATEWAY MARKET FOR MANUFACTURING, BY HARDWARE, 2024–2029 (MILLION UNITS)      241

TABLE 151         IOT NODE AND GATEWAY MARKET FOR MANUFACTURING, BY CONNECTIVITY TECHNOLOGY, 2020–2023 (MILLION UNITS)             241

TABLE 152         IOT NODE AND GATEWAY MARKET FOR MANUFACTURING, BY CONNECTIVITY TECHNOLOGY, 2024–2029 (MILLION UNITS)             241

TABLE 153         IOT NODE AND GATEWAY MARKET FOR MANUFACTURING, BY WIRED CONNECTIVITY TECHNOLOGY, 2020–2023 (MILLION UNITS) 242

TABLE 154         IOT NODE AND GATEWAY MARKET FOR MANUFACTURING, BY WIRED CONNECTIVITY TECHNOLOGY, 2024–2029 (MILLION UNITS) 242

TABLE 155         IOT NODE AND GATEWAY MARKET FOR MANUFACTURING, BY WIRELESS CONNECTIVITY TECHNOLOGY, 2020–2023 (MILLION UNITS)              242

TABLE 156         IOT NODE AND GATEWAY MARKET FOR MANUFACTURING, BY WIRELESS CONNECTIVITY TECHNOLOGY, 2024–2029 (MILLION UNITS)              243

TABLE 157         IOT NODE AND GATEWAY MARKET FOR MANUFACTURING, BY REGION, 2020–2023 (USD MILLION)  243

TABLE 158         IOT NODE AND GATEWAY MARKET FOR MANUFACTURING, BY REGION, 2024–2029 (USD MILLION)  243

TABLE 159         IOT NODE AND GATEWAY MARKET FOR MANUFACTURING IN NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION)       244

TABLE 160         IOT NODE AND GATEWAY MARKET FOR MANUFACTURING IN NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION)       244

TABLE 161         IOT NODE AND GATEWAY MARKET FOR MANUFACTURING IN EUROPE, BY COUNTRY, 2020–2023 (USD MILLION)         244

TABLE 162         IOT NODE AND GATEWAY MARKET FOR MANUFACTURING IN EUROPE, BY COUNTRY, 2024–2029 (USD MILLION)         245

TABLE 163         IOT NODE AND GATEWAY MARKET FOR MANUFACTURING IN ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION) 245

TABLE 164         IOT NODE AND GATEWAY MARKET FOR MANUFACTURING IN ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION) 245

TABLE 165         IOT NODE AND GATEWAY MARKET FOR MANUFACTURING IN ROW, BY REGION, 2020–2023 (USD MILLION)     246

TABLE 166         IOT NODE AND GATEWAY MARKET FOR MANUFACTURING IN ROW, BY REGION, 2024–2029 (USD MILLION)     246

TABLE 167         IOT NODE AND GATEWAY MARKET FOR MANUFACTURING IN MIDDLE EAST, BY COUNTRY, 2020–2023 (USD MILLION)             246

TABLE 168         IOT NODE AND GATEWAY MARKET FOR MANUFACTURING IN MIDDLE EAST, BY COUNTRY, 2024–2029 (USD MILLION)             247

7.2.4.2   Device types        247

7.2.4.2.1 Temperature sensors         247

7.2.4.2.2 Pressure sensors  247

7.2.4.2.3 Level sensors       248

7.2.4.2.4 Flow sensors        248

7.2.4.2.5 Chemical sensors 248

7.2.4.2.6 Humidity sensors 248

7.2.4.2.7 Motion & position sensors  249

7.2.4.2.8 Image sensors      249

7.2.4.2.9 Gateways             249

7.2.5      RETAIL 250

7.2.5.1   Growing popularity of digital signage and intelligent vending machines to drive market   250

TABLE 169         IOT NODE AND GATEWAY MARKET FOR RETAIL, BY DEVICE TYPE, 2020–2023 (USD MILLION)             251

TABLE 170         IOT NODE AND GATEWAY MARKET FOR RETAIL, BY DEVICE TYPE, 2024–2029 (USD MILLION)             251

TABLE 171         IOT NODE MARKET FOR RETAIL, BY DEVICE TYPE, 2020–2023 (THOUSAND UNITS)     252

TABLE 172         IOT NODE MARKET FOR RETAIL, BY DEVICE TYPE, 2024–2029 (THOUSAND UNITS)     252

TABLE 173         IOT NODE AND GATEWAY MARKET FOR RETAIL, BY TYPE, 2020–2023 (MILLION UNITS)      253

TABLE 174         IO IOT NODE AND GATEWAY MARKET FOR RETAIL, BY TYPE, 2024–2029 (MILLION UNITS)      253

TABLE 175         IOT NODE AND GATEWAY MARKET FOR RETAIL, BY HARDWARE, 2020–2023 (MILLION UNITS)           253

TABLE 176         IOT NODE AND GATEWAY MARKET FOR RETAIL, BY HARDWARE, 2024–2029 (MILLION UNITS)           254

TABLE 177         IOT NODE AND GATEWAY MARKET FOR RETAIL, BY REGION, 2020–2023 (USD MILLION)          254

TABLE 178         IOT NODE AND GATEWAY MARKET FOR RETAIL, BY REGION, 2024–2029 (USD MILLION)          254

TABLE 179         IOT NODE AND GATEWAY MARKET FOR RETAIL IN NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION)       255

TABLE 180         IOT NODE AND GATEWAY MARKET FOR RETAIL IN NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION)       255

TABLE 181         IOT NODE AND GATEWAY MARKET FOR RETAIL IN EUROPE, BY COUNTRY, 2020–2023 (USD MILLION)            255

TABLE 182         IOT NODE AND GATEWAY MARKET FOR RETAIL IN EUROPE, BY COUNTRY, 2024–2029 (USD MILLION)            256

TABLE 183         IOT NODE AND GATEWAY MARKET FOR RETAIL IN ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION)          256

TABLE 184         IOT NODE AND GATEWAY MARKET FOR RETAIL IN ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION)          256

TABLE 185         IOT NODE AND GATEWAY MARKET FOR RETAIL IN ROW, BY REGION, 2020–2023 (USD MILLION)       257

TABLE 186         IOT NODE AND GATEWAY MARKET FOR RETAIL IN ROW, BY REGION, 2024–2029 (USD MILLION)       257

TABLE 187         IOT NODE AND GATEWAY MARKET FOR RETAIL IN MIDDLE EAST, BY COUNTRY, 2020–2023 (USD MILLION) 257

TABLE 188         IOT NODE AND GATEWAY MARKET FOR RETAIL IN MIDDLE EAST, BY COUNTRY, 2024–2029 (USD MILLION) 258

7.2.5.2   Device types        258

7.2.5.2.1 Intelligent vending machines           258

FIGURE 51         INTELLIGENT VENDING MACHINE USING IOT GATEWAY              259

7.2.5.2.2 Contactless checkout/Point of sale systems    259

7.2.5.2.3 Smart mirrors      259

7.2.5.2.4 Smart shopping carts         260

7.2.5.2.5 Digital signage     260

7.2.5.2.6 Smart tags            260

7.2.5.2.7 Wireless beacons 260

7.2.5.2.8 Gateways             261

7.2.6      BANKING, FINANCIAL SERVICES AND INSURANCE (BFSI)            261

7.2.6.1   Rising adoption of mPOS and smart kiosks to boost market       261

FIGURE 52         KEY APPLICATIONS OF IOT IN BFSI       262

TABLE 189        IOT NODE AND GATEWAY MARKET FOR BFSI, BY DEVICE TYPE, 2020–2023 (USD MILLION)          262

TABLE 190        IOT NODE AND GATEWAY MARKET FOR BFSI, BY DEVICE TYPE, 2024–2029 (USD MILLION)          263

TABLE 191         IOT NODE MARKET FOR BFSI, BY DEVICE TYPE, 2020–2023 (THOUSAND UNITS)     263

TABLE 192         IOT NODE MARKET FOR BFSI, BY DEVICE TYPE, 2024–2029 (THOUSAND UNITS)     263

TABLE 193         IOT NODE & GATEWAY MARKET FOR BFSI, BY TYPE, 2020–2023 (MILLION UNITS)          264

TABLE 194         IOT NODE AND GATEWAY MARKET FOR BFSI, BY TYPE, 2024–2029 (MILLION UNITS)  264

TABLE 195         IOT NODE AND GATEWAY MARKET FOR BFSI, BY HARDWARE, 2020–2023 (THOUSAND UNITS) 264

TABLE 196         IOT NODE AND GATEWAY MARKET FOR BFSI, BY HARDWARE, 2024–2029 (THOUSAND UNITS) 265

TABLE 197         IOT NODE AND GATEWAY MARKET FOR BFSI, BY REGION, 2020–2023 (USD MILLION)          265

TABLE 198         IOT NODE AND GATEWAY MARKET FOR BFSI, BY REGION, 2024–2029 (USD MILLION)          265

TABLE 199         IOT NODE AND GATEWAY MARKET FOR BFSI IN NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION)       266

TABLE 200         IOT NODE AND GATEWAY MARKET FOR BFSI IN NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION)       266

TABLE 201         IOT NODE AND GATEWAY MARKET FOR BFSI IN EUROPE, BY COUNTRY, 2020–2023 (USD MILLION)    266

TABLE 202         IOT NODE AND GATEWAY MARKET FOR BFSI IN EUROPE, BY COUNTRY, 2024–2029 (USD MILLION)    267

TABLE 203         IOT NODE AND GATEWAY MARKET FOR BFSI IN ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION)            267

TABLE 204         IOT NODE AND GATEWAY MARKET FOR BFSI IN ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION)            267

TABLE 205         IOT NODE AND GATEWAY MARKET FOR BFSI IN ROW, BY REGION, 2020–2023 (USD MILLION)       268

TABLE 206         IOT NODE AND GATEWAY MARKET FOR BFSI IN ROW, BY REGION, 2024–2029 (USD MILLION)       268

TABLE 207         IOT NODE AND GATEWAY MARKET FOR BFSI IN MIDDLE EAST, BY COUNTRY, 2020–2023 (USD MILLION)            268

TABLE 208         IOT NODE AND GATEWAY MARKET FOR BFSI IN MIDDLE EAST, BY COUNTRY, 2024–2029 (USD MILLION)            269

7.2.6.2   Device types        269

7.2.6.2.1 Mobile point of sale (mPOS) solutions          269

7.2.6.2.2 Smart/Interactive kiosks    269

7.2.6.2.3 Gateways             269

7.2.7      OIL & GAS          270

7.2.7.1   Need for remote monitoring of operations to propel market growth         270

TABLE 209         IOT NODE AND GATEWAY MARKET FOR OIL & GAS, BY SENSOR TYPE, 2020–2023 (USD THOUSAND)       271

TABLE 210         IOT NODE AND GATEWAY MARKET FOR OIL & GAS, BY SENSOR TYPE, 2024–2029 (USD THOUSAND)       271

TABLE 211         IOT NODE MARKET FOR OIL & GAS, BY SENSOR TYPE, 2020–2023 (MILLION UNITS)  272

TABLE 212         IOT NODE MARKET FOR OIL & GAS, BY SENSOR TYPE, 2024–2029 (MILLION UNITS)  272

TABLE 213         IOT NODE AND GATEWAY MARKET FOR OIL & GAS, BY TYPE, 2020–2023 (MILLION UNITS)      273

TABLE 214         IOT NODE AND GATEWAY MARKET FOR OIL & GAS, BY TYPE, 2024–2029 (MILLION UNITS)      273

TABLE 215         IOT NODE AND GATEWAY MARKET FOR OIL & GAS, BY HARDWARE, 2020–2023 (MILLION UNITS)           273

TABLE 216         IOT NODE AND GATEWAY MARKET FOR OIL & GAS, BY HARDWARE, 2024–2029 (MILLION UNITS)           274

TABLE 217         IOT NODE AND GATEWAY MARKET FOR OIL & GAS, BY CONNECTIVITY TECHNOLOGY, 2020–2023 (MILLION UNITS)     274

TABLE 218         IOT NODE AND GATEWAY MARKET FOR OIL & GAS, BY CONNECTIVITY TECHNOLOGY, 2024–2029 (MILLION UNITS)     274

TABLE 219         IOT NODE AND GATEWAY MARKET FOR OIL & GAS, BY WIRED CONNECTIVITY TECHNOLOGY, 2020–2023 (MILLION UNITS)     275

TABLE 220         IOT NODE AND GATEWAY MARKET FOR OIL & GAS, BY WIRED CONNECTIVITY TECHNOLOGY, 2024–2029 (MILLION UNITS)     275

TABLE 221         IOT NODE AND GATEWAY MARKET FOR OIL & GAS, BY WIRELESS CONNECTIVITY TECHNOLOGY, 2020–2023 (THOUSAND UNITS)              275

TABLE 222         IOT NODE AND GATEWAY MARKET FOR OIL & GAS, BY WIRELESS CONNECTIVITY TECHNOLOGY, 2024–2029 (THOUSAND UNITS)              276

TABLE 223         IOT NODE AND GATEWAY MARKET FOR OIL & GAS, BY REGION, 2020–2023 (USD MILLION)       276

TABLE 224         IOT NODE AND GATEWAY MARKET FOR OIL & GAS, BY REGION, 2024–2029 (USD MILLION)       276

TABLE 225         IOT NODE AND GATEWAY MARKET FOR OIL & GAS IN NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION)       277

TABLE 226         IOT NODE AND GATEWAY MARKET FOR OIL & GAS IN NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION)       277

TABLE 227         IOT NODE AND GATEWAY MARKET FOR OIL & GAS IN EUROPE, BY COUNTRY, 2020–2023 (USD MILLION)            277

TABLE 228         IOT NODE AND GATEWAY MARKET FOR OIL & GAS IN EUROPE, BY COUNTRY, 2024–2029 (USD MILLION)            278

TABLE 229         IOT NODE AND GATEWAY MARKET FOR OIL & GAS IN ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION)          278

TABLE 230         IOT NODE AND GATEWAY MARKET FOR OIL & GAS IN ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION)          278

TABLE 231         IOT NODE AND GATEWAY MARKET FOR OIL & GAS IN ROW, BY REGION, 2020–2023 (USD MILLION)       279

TABLE 232         IOT NODE AND GATEWAY MARKET FOR OIL & GAS IN ROW, BY REGION, 2024–2029 (USD MILLION)       279

TABLE 233         IOT NODE AND GATEWAY MARKET FOR OIL & GAS IN MIDDLE EAST, BY COUNTRY, 2020–2023 (USD MILLION) 279

TABLE 234         IOT NODE AND GATEWAY MARKET FOR OIL & GAS IN MIDDLE EAST, BY COUNTRY, 2024–2029 (USD MILLION) 280

7.2.7.2   Device types        280

7.2.7.2.1 Temperature sensors         280

7.2.7.2.2 Pressure sensors  280

7.2.7.2.3 Level sensors       281

7.2.7.2.4 Flow sensors        281

7.2.7.2.5 Image sensors      281

7.2.7.2.6 Other sensors      281

7.2.7.2.7 Gateways             281

7.2.8      AGRICULTURE 282

7.2.8.1   Increasing adoption of smart farming practices to drive market  282

FIGURE 53         KEY APPLICATIONS OF IOT IN AGRICULTURE  282

TABLE 235         IOT NODE AND GATEWAY MARKET FOR AGRICULTURE, BY SENSOR TYPE, 2020–2023 (USD MILLION)           283

TABLE 236         IOT NODE AND GATEWAY MARKET FOR AGRICULTURE, BY SENSOR TYPE, 2024–2029 (USD MILLION)           283

TABLE 237         IOT NODE MARKET FOR AGRICULTURE, BY SENSOR TYPE, 2020–2023 (THOUSAND UNITS) 283

TABLE 238         IOT NODE MARKET FOR AGRICULTURE, BY SENSOR TYPE, 2024–2029 (THOUSAND UNITS) 284

TABLE 239         IOT NODE & GATEWAY MARKET FOR AGRICULTURE, BY TYPE, 2020–2023 (THOUSAND UNITS) 284

TABLE 240         IOT NODE & GATEWAY MARKET FOR AGRICULTURE, BY TYPE, 2024–2029 (THOUSAND UNITS) 284

TABLE 241         IOT NODE AND GATEWAY MARKET FOR AGRICULTURE, BY HARDWARE, 2020–2023 (THOUSAND UNITS)      285

TABLE 242         IOT NODE AND GATEWAY MARKET FOR AGRICULTURE, BY HARDWARE, 2024–2029 (THOUSAND UNITS)      285

TABLE 243         IOT NODE AND GATEWAY MARKET FOR AGRICULTURE, BY REGION, 2020–2023 (USD THOUSAND)  285

TABLE 244         IOT NODE AND GATEWAY MARKET FOR AGRICULTURE, BY REGION, 2024–2029 (USD THOUSAND)  286

TABLE 245         IOT NODE AND GATEWAY MARKET FOR AGRICULTURE IN NORTH AMERICA, BY COUNTRY, 2020–2023 (USD THOUSAND) 286

TABLE 246         IOT NODE AND GATEWAY MARKET FOR AGRICULTURE IN NORTH AMERICA, BY COUNTRY, 2024–2029 (USD THOUSAND) 286

TABLE 247         IOT NODE AND GATEWAY MARKET FOR AGRICULTURE IN EUROPE, BY COUNTRY, 2020–2023 (USD THOUSAND)    287

TABLE 248         IOT NODE AND GATEWAY MARKET FOR AGRICULTURE IN EUROPE, BY COUNTRY, 2024–2029 (USD THOUSAND)    287

TABLE 249         IOT NODE AND GATEWAY MARKET FOR AGRICULTURE IN ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD THOUSAND)         287

TABLE 250         IOT NODE AND GATEWAY MARKET FOR AGRICULTURE IN ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD THOUSAND)         288

TABLE 251         IOT NODE AND GATEWAY MARKET FOR AGRICULTURE IN ROW, BY COUNTRY, 2020–2023 (USD THOUSAND)          288

TABLE 252         IOT NODE AND GATEWAY MARKET FOR AGRICULTURE IN ROW, BY COUNTRY, 2024–2029 (USD THOUSAND)          288

TABLE 253         IOT NODE AND GATEWAY MARKET FOR AGRICULTURE IN MIDDLE EAST, BY COUNTRY, 2020–2023 (USD THOUSAND)        289

TABLE 254         IOT NODE AND GATEWAY MARKET FOR AGRICULTURE IN MIDDLE EAST, BY COUNTRY, 2024–2029 (USD THOUSAND)        289

7.2.8.2   Device types        289

7.2.8.2.1 Climate sensors    289

7.2.8.2.2 Soil moisture sensors         289

7.2.8.2.3 Level sensors       290

7.2.8.2.4 Gateways             290

7.2.9      AEROSPACE & DEFENSE             290

7.2.9.1   Increasing demand for enhanced national security to boost market          290

TABLE 255         IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE, BY DEVICE TYPE, 2020–2023 (USD MILLION)  291

TABLE 256         IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE, BY DEVICE TYPE, 2024–2029 (USD MILLION)  291

TABLE 257         IOT NODE MARKET FOR AEROSPACE & DEFENSE, BY DEVICE TYPE, 2020–2023 (THOUSAND UNITS)    291

TABLE 258         IOT NODE MARKET FOR AEROSPACE & DEFENSE, BY DEVICE TYPE, 2024–2029 (THOUSAND UNITS)    292

TABLE 259         IOT NODE & GATEWAY MARKET FOR AEROSPACE & DEFENSE, BY TYPE, 2020–2023 (THOUSAND UNITS)            292

TABLE 260         IOT NODE & GATEWAY MARKET FOR AEROSPACE & DEFENSE, BY TYPE, 2024–2029 (THOUSAND UNITS)            292

TABLE 261         IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE, BY HARDWARE, 2020–2023 (THOUSAND UNITS)          293

TABLE 262         IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE, BY HARDWARE, 2024–2029 (THOUSAND UNITS)          293

TABLE 263         IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE, BY REGION, 2020–2023 (USD MILLION)           293

TABLE 264         IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE, BY REGION, 2024–2029 (USD MILLION)           294

TABLE 265         IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE IN NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION)              294

TABLE 266         IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE IN NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION)              294

TABLE 267         IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE IN EUROPE, BY COUNTRY, 2020–2023 (USD MILLION) 295

TABLE 268         IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE IN EUROPE, BY COUNTRY, 2024–2029 (USD MILLION) 295

TABLE 269         IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE IN ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION)      295

TABLE 270         IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE IN ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION)      296

TABLE 271         IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE IN ROW, BY REGION, 2020–2023 (USD MILLION)           296

TABLE 272         IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE IN ROW, BY REGION, 2024–2029 (USD MILLION)           296

TABLE 273         IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE IN MIDDLE EAST, BY COUNTRY, 2020–2023 (USD MILLION)     297

TABLE 274         IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE IN MIDDLE EAST, BY COUNTRY, 2024–2029 (USD MILLION)     297

7.2.9.2   Device types        297

7.2.9.2.1 Smart baggage tags            297

7.2.9.2.2 Smart beacons     297

7.2.9.2.3 Drones/Unmanned aerial vehicles (UAVs)    298

7.2.9.2.4 Gateways             299

7.3         CONSUMER       299

7.3.1      WEARABLE DEVICES     299

7.3.1.1   Growing adoption of smartwatches to support market growth    299

FIGURE 54         KEY APPLICATIONS OF IOT IN WEARABLE DEVICES      300

TABLE 275         IOT NODE MARKET FOR WEARABLE DEVICES, BY DEVICE TYPE, 2020–2023 (USD MILLION)             301

TABLE 276         IOT NODE MARKET FOR WEARABLE DEVICES, BY DEVICE TYPE, 2024–2029 (USD MILLION)             301

TABLE 277         IOT NODE MARKET FOR WEARABLE DEVICES, BY DEVICE TYPE, 2020–2023 (MILLION UNITS)         302

TABLE 278         IOT NODE MARKET FOR WEARABLE DEVICES, BY DEVICE TYPE, 2024–2029 (MILLION UNITS)         302

TABLE 279         IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES, BY HARDWARE, 2020–2023 (MILLION UNITS)      302

TABLE 280         IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES, BY HARDWARE, 2024–2029 (MILLION UNITS)      303

TABLE 281         IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES, BY REGION, 2020–2023 (USD MILLION)  303

TABLE 282         IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES, BY REGION, 2024–2029 (USD MILLION)  303

TABLE 283         IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES IN NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION)  304

TABLE 284         IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES IN NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION)  304

TABLE 285         IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES IN EUROPE, BY COUNTRY, 2020–2023 (USD MILLION)    304

TABLE 286         IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES IN EUROPE, BY COUNTRY, 2024–2029 (USD MILLION)    305

TABLE 287         IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES IN ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION)          305

TABLE 288         IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES IN ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION)          305

TABLE 289         IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES IN ROW, BY REGION, 2020–2023 (USD MILLION) 306

TABLE 290         IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES IN ROW, BY REGION, 2024–2029 (USD MILLION) 306

TABLE 291         IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES IN MIDDLE EAST, BY COUNTRY, 2020–2023 (USD MILLION)        306

TABLE 292         IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES IN MIDDLE EAST, BY COUNTRY, 2024–2029 (USD MILLION)        307

7.3.1.2   Device types        307

7.3.1.2.1 Activity monitors 307

7.3.1.2.2 Smartwatches      307

7.3.1.2.3 Smart glasses       308

7.3.1.2.4 Body-worn cameras           308

7.3.2      CONSUMER ELECTRONICS        308

7.3.2.1   Rising demand for smart appliances to drive market     308

TABLE 293         IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS, BY DEVICE TYPE, 2020–2023 (USD MILLION)       309

TABLE 294         IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS, BY DEVICE TYPE, 2024–2029 (USD MILLION)       310

TABLE 295         IOT NODE MARKET FOR CONSUMER ELECTRONICS, BY DEVICE TYPE, 2020–2023 (THOUSAND UNITS)   311

TABLE 296         IOT NODE MARKET FOR CONSUMER ELECTRONICS, BY DEVICE TYPE, 2024–2029 (THOUSAND UNITS)   312

TABLE 297         IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS, BY TYPE, 2020–2023 (THOUSAND UNITS)            312

TABLE 298         IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS, BY TYPE, 2024–2029 (THOUSAND UNITS)            313

TABLE 299         IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS, BY HARDWARE, 2020–2023 (MILLION UNITS)      313

TABLE 300         IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS, BY HARDWARE, 2024–2029 (MILLION UNITS)      313

TABLE 301         IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS, BY REGION, 2020–2023 (USD MILLION)  314

TABLE 302         IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS, BY REGION, 2024–2029 (USD MILLION)  314

TABLE 303         IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS IN NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION)              314

TABLE 304         IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS IN NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION)              315

TABLE 305         IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS IN EUROPE, BY COUNTRY, 2020–2023 (USD MILLION)     315

TABLE 306         IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS IN EUROPE, BY COUNTRY, 2024–2029 (USD MILLION)     315

TABLE 307         IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS IN ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION)              316

TABLE 308         IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS IN ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION)              316

TABLE 309         IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS IN ROW, BY REGION, 2020–2023 (USD MILLION) 316

TABLE 310         IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS IN ROW, BY REGION, 2024–2029 (USD MILLION) 317

TABLE 311         IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS IN MIDDLE EAST, BY COUNTRY, 2020–2023 (USD MILLION)              317

TABLE 312         IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS IN MIDDLE EAST, BY COUNTRY, 2024–2029 (USD MILLION)              317

7.3.2.2   Device types        318

7.3.2.2.1 Smart lighting      318

7.3.2.2.2 Smart TVs           318

7.3.2.2.3 Smart washing machines    318

7.3.2.2.4 Smart dryers        319

7.3.2.2.5 Smart refrigerators            319

7.3.2.2.6 Smart ovens         319

7.3.2.2.7 Smart cooktops    320

7.3.2.2.8 Smart cookers      320

7.3.2.2.9 Smart deep freezers           320

7.3.2.2.10            Smart dishwashers             320

7.3.2.2.11            Smart coffee makers          321

7.3.2.2.12            Smart kettles        321

7.3.2.2.13            Gateways             321

8            IOT NODE AND GATEWAY MARKET, BY REGION            322

8.1         INTRODUCTION            323

FIGURE 55         IOT NODE AND GATEWAY MARKET IN ASIA PACIFIC TO RECORD HIGHEST CAGR FROM 2024 TO 2029    323

TABLE 313         IOT NODE AND GATEWAY MARKET, BY REGION, 2020–2023 (USD BILLION) 323

TABLE 314         IOT NODE AND GATEWAY MARKET, BY REGION, 2024–2029 (USD BILLION) 324

TABLE 315         IOT NODE AND GATEWAY MARKET, BY REGION, 2020–2023 (MILLION UNITS)          324

TABLE 316         IOT NODE AND GATEWAY MARKET, BY REGION, 2024–2029 (MILLION UNITS)          325

8.2         NORTH AMERICA          325

8.2.1      NORTH AMERICA: RECESSION IMPACT 325

FIGURE 56         NORTH AMERICA: IOT NODE AND GATEWAY MARKET SNAPSHOT        326

FIGURE 57         MEXICO TO RECORD HIGHEST CAGR IN NORTH AMERICAN IOT NODE AND GATEWAY MARKET FROM 2024 TO 2029             327

TABLE 317         IOT NODE AND GATEWAY MARKET IN NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION)    327

TABLE 318         IOT NODE AND GATEWAY MARKET IN NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION)    327

TABLE 319         IOT NODE AND GATEWAY MARKET IN NORTH AMERICA, BY END-USE APPLICATION, 2020–2023 (USD MILLION)       328

TABLE 320         IOT NODE AND GATEWAY MARKET IN NORTH AMERICA, BY END-USE APPLICATION, 2024–2029 (USD MILLION)       328

TABLE 321         IOT NODE AND GATEWAY MARKET IN NORTH AMERICA, BY END-USE APPLICATION, 2020–2023 (MILLION UNITS)    328

TABLE 322         IOT NODE AND GATEWAY MARKET IN NORTH AMERICA, BY END-USE APPLICATION, 2024–2029 (MILLION UNITS)    328

TABLE 323         IOT NODE AND GATEWAY MARKET IN NORTH AMERICA, BY INDUSTRIAL APPLICATION, 2020–2023 (USD MILLION) 329

TABLE 324         IOT NODE AND GATEWAY MARKET IN NORTH AMERICA, BY INDUSTRIAL APPLICATION, 2024–2029 (USD MILLION) 329

TABLE 325         IOT NODE AND GATEWAY MARKET IN NORTH AMERICA, BY INDUSTRIAL APPLICATION, 2020–2023 (MILLION UNITS)            330

TABLE 326         IOT NODE AND GATEWAY MARKET IN NORTH AMERICA, BY INDUSTRIAL APPLICATION, 2024–2029 (MILLION UNITS)            330

TABLE 327         IOT NODE AND GATEWAY MARKET IN NORTH AMERICA, BY CONSUMER APPLICATION, 2020–2023 (USD MILLION)   330

TABLE 328         IOT NODE AND GATEWAY MARKET IN NORTH AMERICA, BY CONSUMER APPLICATION, 2024–2029 (USD MILLION)   331

TABLE 329         IOT NODE AND GATEWAY MARKET IN NORTH AMERICA, BY CONSUMER APPLICATION, 2020–2023 (MILLION UNITS)             331

TABLE 330         IOT NODE AND GATEWAY MARKET IN NORTH AMERICA, BY CONSUMER APPLICATION, 2024–2029 (MILLION UNITS)             331

8.2.2      US         331

8.2.2.1   Presence of leading IoT companies to drive market      331

8.2.3      CANADA            332

8.2.3.1   Increasing investment in IoT by enterprises to boost market      332

8.2.4      MEXICO             333

8.2.4.1   Growing penetration of IoT in telecommunications industry to propel market              333

8.3         EUROPE             334

8.3.1      EUROPE: RECESSION IMPACT   334

FIGURE 58         EUROPE: IOT NODE AND GATEWAY MARKET SNAPSHOT              335

FIGURE 59         GERMANY TO HOLD MAJOR SHARE OF EUROPEAN IOT NODE AND GATEWAY MARKET DURING FORECAST PERIOD  336

TABLE 331         IOT NODE AND GATEWAY MARKET IN EUROPE, BY COUNTRY, 2020–2023 (USD MILLION)          336

TABLE 332         IOT NODE AND GATEWAY MARKET IN EUROPE, BY COUNTRY, 2024–2029 (USD MILLION)          336

TABLE 333         IOT NODE AND GATEWAY MARKET IN EUROPE, BY END-USE APPLICATION, 2020–2023 (USD MILLION)           337

TABLE 334         IOT NODE AND GATEWAY MARKET IN EUROPE, BY END-USE APPLICATION, 2024–2029 (USD MILLION)           337

TABLE 335         IOT NODE AND GATEWAY MARKET IN EUROPE, BY END-USE APPLICATION, 2020–2023 (MILLION UNITS)       337

TABLE 336         IOT NODE AND GATEWAY MARKET IN EUROPE, BY END-USE APPLICATION, 2024–2029 (MILLION UNITS)       337

TABLE 337         IOT NODE AND GATEWAY MARKET IN EUROPE, BY INDUSTRIAL APPLICATION, 2020–2023 (USD MILLION) 338

TABLE 338         IOT NODE AND GATEWAY MARKET IN EUROPE, BY INDUSTRIAL APPLICATION, 2024–2029 (USD MILLION) 338

TABLE 339         IOT NODE AND GATEWAY MARKET IN EUROPE, BY INDUSTRIAL APPLICATION, 2020–2023 (MILLION UNITS)            339

TABLE 340         IOT NODE AND GATEWAY MARKET IN EUROPE, BY INDUSTRIAL APPLICATION, 2024–2029 (MILLION UNITS)            339

TABLE 341         IOT NODE AND GATEWAY MARKET IN EUROPE, BY CONSUMER APPLICATION, 2020–2023 (USD MILLION)   339

TABLE 342         IOT NODE AND GATEWAY MARKET IN EUROPE, BY CONSUMER APPLICATION, 2024–2029 (USD MILLION)   340

TABLE 343         IOT NODE AND GATEWAY MARKET IN EUROPE, BY CONSUMER APPLICATION, 2020–2023 (MILLION UNITS)             340

TABLE 344         IOT NODE AND GATEWAY MARKET IN EUROPE, BY CONSUMER APPLICATION, 2024–2029 (MILLION UNITS)             340

8.3.2      UK         340

8.3.2.1   Government initiatives to drive market          340

8.3.3      GERMANY         341

8.3.3.1   Adoption of Industry 4.0 to create market opportunities            341

8.3.4      FRANCE             342

8.3.4.1   Increased investment in industrial R&D to fuel demand             342

8.3.5      REST OF EUROPE           342

8.4         ASIA PACIFIC    343

8.4.1      ASIA PACIFIC: RECESSION IMPACT        343

FIGURE 60         ASIA PACIFIC: IOT NODE AND GATEWAY MARKET SNAPSHOT              344

FIGURE 61         IOT NODE AND GATEWAY MARKET IN CHINA TO RECORD HIGHEST CAGR FROM 2024 TO 2029       345

TABLE 345         IOT NODE AND GATEWAY MARKET IN ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION)    345

TABLE 346         IOT NODE AND GATEWAY MARKET IN ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION)    345

TABLE 347         IOT NODE AND GATEWAY MARKET IN ASIA PACIFIC, BY END-USE APPLICATION, 2020–2023 (USD MILLION)   346

TABLE 348         IOT NODE AND GATEWAY MARKET IN ASIA PACIFIC, BY END-USE APPLICATION, 2024–2029 (USD MILLION)   346

TABLE 349         IOT NODE AND GATEWAY MARKET IN ASIA PACIFIC, BY END-USE APPLICATION, 2020–2023 (MILLION UNITS)             346

TABLE 350         IOT NODE AND GATEWAY MARKET IN ASIA PACIFIC, BY END-USE APPLICATION, 2024–2029 (MILLION UNITS)             346

TABLE 351         IOT NODE AND GATEWAY MARKET IN ASIA PACIFIC, BY INDUSTRIAL APPLICATION, 2020–2023 (USD MILLION) 347

TABLE 352         IOT NODE AND GATEWAY MARKET IN ASIA PACIFIC, BY INDUSTRIAL APPLICATION, 2024–2029 (USD MILLION) 347

TABLE 353         IOT NODE AND GATEWAY MARKET IN ASIA PACIFIC, BY INDUSTRIAL APPLICATION, 2020–2023 (MILLION UNITS)            348

TABLE 354         IOT NODE AND GATEWAY MARKET IN ASIA PACIFIC, BY INDUSTRIAL APPLICATION, 2024–2029 (MILLION UNITS)            348

TABLE 355         IOT NODE AND GATEWAY MARKET IN ASIA PACIFIC, BY CONSUMER APPLICATION, 2020–2023 (USD MILLION)   348

TABLE 356         IOT NODE AND GATEWAY MARKET IN ASIA PACIFIC, BY CONSUMER APPLICATION, 2024–2029 (USD MILLION)   349

TABLE 357         IOT NODE AND GATEWAY MARKET IN ASIA PACIFIC, BY CONSUMER APPLICATION, 2020–2023 (MILLION UNITS)             349

TABLE 358         IOT NODE AND GATEWAY MARKET IN ASIA PACIFIC, BY CONSUMER APPLICATION, 2024–2029 (MILLION UNITS)             349

8.4.2      CHINA  349

8.4.2.1   Government support for IoT to accelerate market growth          349

8.4.3      JAPAN  350

8.4.3.1   Developments in telecom industry to drive market       350

8.4.4      SOUTH KOREA 351

8.4.4.1   Advancements in consumer electronics to fuel market 351

8.4.5      REST OF ASIA PACIFIC  351

8.5         REST OF THE WORLD (ROW)    352

8.5.1      ROW: RECESSION IMPACT         353

FIGURE 62         SROW: IOT NODE AND GATEWAY MARKET SNAPSHOT 353

FIGURE 63         IOT NODE AND GATEWAY MARKET IN SOUTH AMERICA TO RECORD HIGHEST CAGR FROM 2024 TO 2029    354

TABLE 359         IOT NODE AND GATEWAY MARKET IN ROW, BY REGION, 2020–2023 (USD MILLION)     354

TABLE 360         IOT NODE AND GATEWAY MARKET IN ROW, BY REGION, 2024–2029 (USD MILLION)     354

TABLE 361         IOT NODE AND GATEWAY MARKET IN ROW, BY END-USE APPLICATION, 2020–2023 (USD MILLION)           354

TABLE 362         IOT NODE AND GATEWAY MARKET IN ROW, BY END-USE APPLICATION, 2024–2029 (USD MILLION)           355

TABLE 363         IOT NODE AND GATEWAY MARKET IN ROW, BY END-USE APPLICATION, 2020–2023 (MILLION UNITS)       355

TABLE 364         IOT NODE AND GATEWAY MARKET IN ROW, BY END-USE APPLICATION, 2024–2029 (MILLION UNITS)       355

TABLE 365         IOT NODE AND GATEWAY MARKET IN ROW, BY INDUSTRIAL APPLICATION, 2020–2023 (USD MILLION)           356

TABLE 366         IOT NODE AND GATEWAY MARKET IN ROW, BY INDUSTRIAL APPLICATION, 2024–2029 (USD MILLION)           356

TABLE 367         IOT NODE AND GATEWAY MARKET IN ROW, BY INDUSTRIAL APPLICATION, 2020–2023 (MILLION UNITS)       357

TABLE 368         IOT NODE AND GATEWAY MARKET IN ROW, BY INDUSTRIAL APPLICATION, 2024–2029 (MILLION UNITS)       357

TABLE 369         IOT NODE AND GATEWAY MARKET IN ROW, BY CONSUMER APPLICATION, 2020–2023 (USD MILLION)           357

TABLE 370         IOT NODE AND GATEWAY MARKET IN ROW, BY CONSUMER APPLICATION, 2024–2029 (USD MILLION)           358

TABLE 371         IOT NODE AND GATEWAY MARKET IN ROW, BY CONSUMER APPLICATION, 2020–2023 (MILLION UNITS)       358

TABLE 372         IOT NODE AND GATEWAY MARKET IN ROW, BY CONSUMER APPLICATION, 2024–2029 (MILLION UNITS)       358

8.5.2      MIDDLE EAST  358

8.5.2.1   Rapid urbanization to boost IoT adoption      358

TABLE 373         IOT NODE AND GATEWAY MARKET IN MIDDLE EAST, BY REGION, 2020–2023 (USD MILLION)       359

TABLE 374         IOT NODE AND GATEWAY MARKET IN MIDDLE EAST, BY REGION, 2024–2029 (USD MILLION)       359

8.5.2.2   GCC countries     359

8.5.2.3   Rest of Middle East            360

8.5.3      AFRICA 360

8.5.3.1   Increasing mobile internet penetration to bolster market           360

8.5.4      SOUTH AMERICA           361

8.5.4.1   Focus on semiconductor industry to drive market        361

9            COMPETITIVE LANDSCAPE       362

9.1         OVERVIEW        362

9.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024     362

TABLE 375         IOT NODE AND GATEWAY MARKET: KEY STRATEGIES ADOPTED BY MAJOR PLAYERS, 2020–2024          362

9.3         REVENUE ANALYSIS, 2019–2023 364

FIGURE 64         REVENUE ANALYSIS OF TOP FIVE PLAYERS IN IOT NODE AND GATEWAY MARKET, 2019–2023  364

9.4         MARKET SHARE ANALYSIS, 2023             364

TABLE 376         IOT NODE HARDWARE MARKET: DEGREE OF COMPETITION              365

FIGURE 65         IOT NODE HARDWARE MARKET SHARE ANALYSIS, 2023 365

TABLE 377         IOT GATEWAY MARKET: RANKING ANALYSIS    366

9.5         COMPANY VALUATION AND FINANCIAL METRICS        368

FIGURE 66         IOT NODE AND GATEWAY MARKET: COMPANY VALUATION, 2024      368

FIGURE 67         IOT NODE AND GATEWAY MARKET: FINANCIAL METRICS (EV/EBITDA), 2024         369

9.6         BRAND/PRODUCT COMPARISON          370

FIGURE 68         IOT NODE AND GATEWAY MARKET: BRAND/PRODUCT COMPARISON   370

9.7         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   371

9.7.1      STARS  371

9.7.2      EMERGING LEADERS    371

9.7.3      PERVASIVE PLAYERS     371

9.7.4      PARTICIPANTS 371

FIGURE 69         IOT NODE AND GATEWAY MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023    372

9.7.5      COMPANY FOOTPRINT: KEY PLAYERS, 2023      373

9.7.5.1   Company footprint            373

FIGURE 70         IOT NODE AND GATEWAY MARKET: COMPANY FOOTPRINT              373

9.7.5.2   Hardware footprint            374

TABLE 378         IOT NODE AND GATEWAY MARKET: HARDWARE FOOTPRINT              374

9.7.5.3   End-use application footprint          375

TABLE 379         IOT NODE AND GATEWAY MARKET: END-USE APPLICATION FOOTPRINT      375

9.7.5.4   Region footprint  376

TABLE 380         IOT NODE AND GATEWAY MARKET: REGION FOOTPRINT              376

9.8         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          377

9.8.1      PROGRESSIVE COMPANIES       377

9.8.2      RESPONSIVE COMPANIES          377

9.8.3      DYNAMIC COMPANIES 377

9.8.4      STARTING BLOCKS       377

FIGURE 71         IOT NODE AND GATEWAY MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023           378

9.8.5      COMPETITIVE BENCHMARKING, STARTUPS/SMES, 2023             379

9.8.5.1   List of key start-ups/SMEs 379

TABLE 381         IOT NODE AND GATEWAY MARKET: LIST OF KEY STARTUPS/SMES           379

9.8.5.2   Competitive benchmarking of key startups/SMEs        380

TABLE 382         IOT NODE AND GATEWAY MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES        380

9.9         COMPETITIVE SCENARIO AND TRENDS             381

9.9.1      PRODUCT LAUNCHES & DEVELOPMENTS         381

TABLE 383         IOT NODE AND GATEWAY MARKET: PRODUCT LAUNCHES & DEVELOPMENTS, JUNE 2022–JANUARY 2024       381

9.9.2      DEALS  382

TABLE 384         IOT NODE AND GATEWAY MARKET: DEALS, JUNE 2021–DECEMBER 2023            382

10          COMPANY PROFILES    384

10.1       KEY PLAYERS   384

(Business Overview, Products/Services/Solutions Offered, Recent Developments, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats)*

10.1.1    INTEL CORPORATION  384

TABLE 385         INTEL CORPORATION: BUSINESS OVERVIEW    384

FIGURE 72         INTEL CORPORATION: COMPANY SNAPSHOT  385

TABLE 386         INTEL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          385

TABLE 387         INTEL CORPORATION: PRODUCT LAUNCHES & DEVELOPMENTS           387

TABLE 388         INTEL CORPORATION: DEALS  389

TABLE 389         INTEL CORPORATION: OTHERS             391

10.1.2    QUALCOMM TECHNOLOGIES, INC.       393

TABLE 390         QUALCOMM TECHNOLOGIES, INC.: BUSINESS OVERVIEW              393

FIGURE 73         QUALCOMM TECHNOLOGIES, INC.: COMPANY SNAPSHOT              394

TABLE 391         QUALCOMM TECHNOLOGIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   394

TABLE 392         QUALCOMM TECHNOLOGIES, INC.: PRODUCT LAUNCHES & DEVELOPMENTS           397

TABLE 393         QUALCOMM TECHNOLOGIES, INC.: DEALS       398

10.1.3    TEXAS INSTRUMENTS INCORPORATED 401

TABLE 394         TEXAS INSTRUMENTS INCORPORATED: BUSINESS OVERVIEW              401

FIGURE 74         TEXAS INSTRUMENTS INCORPORATED: COMPANY SNAPSHOT              402

TABLE 395         TEXAS INSTRUMENTS INCORPORATED: PRODUCTS/SOLUTIONS/SERVICES OFFERED   402

TABLE 396         TEXAS INSTRUMENTS INCORPORATED: PRODUCT LAUNCHES & DEVELOPMENTS        404

TABLE 397         TEXAS INSTRUMENTS INCORPORATED: DEALS 405

10.1.4    STMICROELECTRONICS             406

TABLE 398         STMICROELECTRONICS: BUSINESS OVERVIEW 406

FIGURE 75         STMICROELECTRONICS: COMPANY SNAPSHOT             407

TABLE 399         STMICROELECTRONICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED          407

TABLE 400         STMICROELECTRONICS: PRODUCT LAUNCHES & DEVELOPMENTS           409

TABLE 401         STMICROELECTRONICS: DEALS             411

10.1.5    MICROCHIP TECHNOLOGY INC.            413

TABLE 402         MICROCHIP TECHNOLOGY INC.: BUSINESS OVERVIEW 413

FIGURE 76         MICROCHIP TECHNOLOGY INC.: COMPANY SNAPSHOT              414

TABLE 403         MICROCHIP TECHNOLOGY INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   414

TABLE 404         MICROCHIP TECHNOLOGY INC.: PRODUCT LAUNCHES & DEVELOPMENTS           419

TABLE 405         MICROCHIP TECHNOLOGY INC.: DEALS            420

10.1.6    HUAWEI TECHNOLOGIES CO., LTD.      422

TABLE 406         HUAWEI TECHNOLOGIES CO., LTD.: BUSINESS OVERVIEW              422

FIGURE 77         HUAWEI TECHNOLOGIES CO., LTD.: COMPANY SNAPSHOT              423

TABLE 407         HUAWEI TECHNOLOGIES CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   423

TABLE 408         HUAWEI TECHNOLOGIES CO., LTD.: PRODUCT LAUNCHES & DEVELOPMENTS           425

TABLE 409         HUAWEI TECHNOLOGIES CO., LTD.: DEALS      427

10.1.7    NXP SEMICONDUCTORS N.V.    430

TABLE 410         NXP SEMICONDUCTORS N.V.: BUSINESS OVERVIEW      430

FIGURE 78         NXP SEMICONDUCTORS N.V.: COMPANY SNAPSHOT    431

TABLE 411         NXP SEMICONDUCTORS N.V.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   431

TABLE 412         NXP SEMICONDUCTORS N.V.: PRODUCT LAUNCHES & DEVELOPMENTS           433

TABLE 413         NXP SEMICONDUCTORS N.V.: DEALS    435

10.1.8    CISCO SYSTEMS, INC.    437

TABLE 414         CISCO SYSTEMS, INC.: BUSINESS OVERVIEW      437

FIGURE 79         CISCO SYSTEMS, INC.: COMPANY SNAPSHOT    438

TABLE 415         CISCO SYSTEMS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          438

TABLE 416         CISCO SYSTEMS, INC.: PRODUCT LAUNCHES & DEVELOPMENTS           440

TABLE 417         CISCO SYSTEMS, INC.: DEALS    441

10.1.9    HEWLETT PACKARD ENTERPRISE DEVELOPMENT LP   443

TABLE 418         HEWLETT PACKARD ENTERPRISE DEVELOPMENT LP: BUSINESS OVERVIEW    443

FIGURE 80         HEWLETT PACKARD ENTERPRISE DEVELOPMENT LP: COMPANY SNAPSHOT  444

TABLE 419         HEWLETT PACKARD ENTERPRISE DEVELOPMENT LP: PRODUCTS/SOLUTIONS/SERVICES OFFERED   444

TABLE 420         HEWLETT PACKARD ENTERPRISE DEVELOPMENT LP: PRODUCT LAUNCHES & DEVELOPMENTS         447

TABLE 421         HEWLETT PACKARD ENTERPRISE DEVELOPMENT LP: DEALS              447

10.1.10  TE CONNECTIVITY LTD.            449

TABLE 422         TE CONNECTIVITY LTD.: BUSINESS OVERVIEW 449

FIGURE 81         TE CONNECTIVITY LTD.: COMPANY SNAPSHOT            450

TABLE 423         TE CONNECTIVITY LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          450

TABLE 424         TE CONNECTIVITY LTD.: PRODUCT LAUNCHES & DEVELOPMENTS           453

TABLE 425         TE CONNECTIVITY LTD.: DEALS            454

TABLE 426         TE CONNECTIVITY LTD.: OTHERS         455

10.1.11  ADVANTECH CO., LTD. 456

TABLE 427         ADVANTECH CO., LTD.: BUSINESS OVERVIEW  456

FIGURE 82         ADVANTECH CO., LTD.: COMPANY SNAPSHOT 457

TABLE 428         ADVANTECH CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          457

TABLE 429         ADVANTECH CO., LTD.: PRODUCT LAUNCHES & DEVELOPMENTS           460

TABLE 430         ADVANTECH CO., LTD.: DEALS 462

TABLE 431         ADVANTECH CO., LTD.: OTHERS           463

10.1.12  DELL TECHNOLOGIES 464

TABLE 432         DELL TECHNOLOGIES: BUSINESS OVERVIEW    464

FIGURE 83         DELL TECHNOLOGIES: COMPANY SNAPSHOT  465

TABLE 433         DELL TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED          465

TABLE 434         DELL TECHNOLOGIES: PRODUCT LAUNCHES & DEVELOPMENTS           466

TABLE 435         DELL TECHNOLOGIES: DEALS  467

*Business Overview, Products/Services/Solutions Offered, Recent Developments, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats might not be captured in case of unlisted companies.

10.2       OTHER PLAYERS           468

10.2.1    SIEMENS            468

10.2.2    HELIUM SYSTEMS INC. 469

10.2.3    SAMSARA NETWORKS INC.        470

10.2.4    BEEP INC.          471

10.2.5    ESTIMOTE, INC.             471

10.2.6    AAEON TECHNOLOGY INC.       472

10.2.7    NEXCOM INTERNATIONAL CO., LTD.    473

10.2.8    EUROTECH       474

10.2.9    ADLINK TECHNOLOGY INC.      475

10.2.10  VOLANSYS        476

10.2.11  EMBITEL TECHNOLOGIES         477

10.2.12  MITSUBISHI ELECTRIC CORPORATION 478

10.2.13  LANTRONIX, INC.           479

10.2.14  CRADLEPOINT, INC.      480

11          APPENDIX         481

11.1       DISCUSSION GUIDE      481

11.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             484

11.3       CUSTOMIZATION OPTIONS      486

11.4       RELATED REPORTS       486

11.5       AUTHOR DETAILS         487