The industrial multiprotocol gateways market is forecasted to grow by USD 230.5 mn during 2023-2028, accelerating at a CAGR of 11.22% during the forecast period. The report on the industrial multiprotocol gateways market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing prominence of iot gateways, growing need to handle multiple communication devices, and increasing demand for remote monitoring and preventive maintenance.
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
9.8%
CAGR
11.22%
Incremental Value
$230.5mn
Technavio's industrial multiprotocol gateways market is segmented as below:
By Application
Remote monitoring
Product optimization
Preventive maintenance
By End-user
Process industries
Discrete industries
By Geography
North America
Europe
APAC
South America
Middle East and Africa
This study identifies the development of system-on-chip for multiprotocol communication as one of the prime reasons driving the industrial multiprotocol gateways market growth during the next few years. Also, growing use of gateways in smart grids and growing popularity of wireless sensor networks will lead to sizable demand in the market.
The report on the industrial multiprotocol gateways market covers the following areas:
Industrial multiprotocol gateways market sizing
Industrial multiprotocol gateways market forecast
Industrial multiprotocol gateways market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial multiprotocol gateways market vendors that include ABB Ltd., Advantech Co. Ltd., Artila Electronics Co. Ltd, Atop Technologies, Cisco Systems Inc., HMS Networks AB, Honeywell International Inc., Intel Corp., International Business Machines Corp., Kessler Ellis Products, Larsen and Toubro Ltd., Moxa Inc., MSA Safety Inc., Multi Tech Systems Inc., Novus International Inc., Pepperl and Fuchs SE, Samsara Inc., San Telequip Pvt. Ltd., Softing AG, and SWYCS. Also, the industrial multiprotocol gateways market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market by Geography
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Industrial Multiprotocol Gateways Market 2018 - 2022
Historic Market Size - Data Table on Global Industrial Multiprotocol Gateways Market 2018 - 2022 ($ million)