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Internet of Things (IoT) Node and Gateway Market Size Outlook: How Quickly Will Revenue Expand Through 2030?
The internet of things (iot) node and gateway market size has witnessed substantial expansion in recent years. Projections indicate this market will increase from $21.12 billion in 2025 to $27.71 billion in 2026, achieving a compound annual growth rate (CAGR) of 31.2%. Historically, this growth can be attributed to the proliferation of connected device ecosystems, the rising adoption of wireless sensor networks, the development of industrial automation systems, the surging demand for real-time data processing, and the accessibility of low-power connectivity modules.
The internet of things (iot) node and gateway market is anticipated to experience rapid expansion over the coming years. Projections indicate it will reach $80.87 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 30.7%. This projected growth is driven by factors such as the increasing embrace of edge computing architectures, a rising need for scalable iot deployments, a heightened emphasis on zero-trust security models, the broadening of smart infrastructure initiatives, and the increasing utilization of ai-enabled gateway analytics. Key trends anticipated during this period encompass the expanded deployment of edge-based iot gateways, a growing demand for secure protocol conversion solutions, greater integration of multi-connectivity iot nodes, the widening of industrial iot network frameworks, and a stronger emphasis on data security at the device level.
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Internet of Things (IoT) Node and Gateway Market Growth Factors Behind Sustained Expansion
The introduction of 5G technology is anticipated to drive the expansion of the IoT node and gateway market during the forecast period. This technology provides more stable, faster, and secure connectivity. 5G’s improved bandwidth facilitates the transfer of larger data volumes within a given timeframe, while its reduced latency ensures data reaches its destination more quickly. These networks also offer expanded coverage, supporting diverse network topologies, which enables effortless communication among IoT nodes and gateways. For example, in September 2024, IoT Analytics GmbH, a Germany-based NGO, reported that connected IoT devices had reached 16.6 billion by the end of 2023, signifying a 15% increase from the previous year. The organization further projects a 13% growth, bringing the total to 18.8 billion by the end of 2024. Additionally, the number of connected IoT devices is expected to surge to 40 billion by 2030, indicating a substantial rise since the last market update in 2023. Therefore, the advent of 5G technology is a key driver for the growth of the IoT node and gateway market.
Internet of Things (IoT) Node and Gateway Market Breakdown By Product Type And Application
The internet of things (iot) node and gateway market covered in this report is segmented –
1) By Component: Sensors, Processor, Connectivity IC, Logic Devices, Memory Devices
2) By Application: Healthcare, Automotive And Transportation, Consumer Electronics, Industrial, Oil And Gas, Other Applications
3) By End User: Industrial, Consumer
Subsegments:
1) By Sensors: Temperature Sensors, Pressure Sensors, Proximity Sensors, Motion Sensors, Environmental Sensors
2) By Processor: Microcontrollers (MCUs), Microprocessors, Application Processors
3) By Connectivity IC: Wi-Fi Modules, Bluetooth Modules, Zigbee Modules, Cellular Modules, LoRa Modules
4) By Logic Devices: FPGAs (Field-Programmable Gate Arrays), ASICs (Application-Specific Integrated Circuits)
5) By Memory Devices: RAM (Random Access Memory), Flash Memory, EEPROM (Electrically Erasable Programmable Read-Only Memory)
Internet of Things (IoT) Node and Gateway Market Industry Trends Fueling Future Revenue Growth
Leading companies in the Internet of Things (IoT) node and gateway market are introducing low-power modules to offer solutions for clients seeking low-power, long-range capabilities for extensive IoT applications. An Internet of Things (IoT) low-power module refers to a compact device with energy-efficient components that enable wireless communication and data processing for IoT nodes and gateways while consuming minimal power to extend battery life. For example, in May 2023, Laird Connectivity, a US-based accredited EMC Test Facility specializing in wireless product testing, launched its RM126x series of LoRaWAN modules, providing a low-power, long-range solution for various challenging RF applications. The RM126x LoRaWAN module series is a range of low-power, long-range wireless communication modules. These modules can operate in both hosted and hostless modes and are certified for use in different regions.
Internet of Things (IoT) Node and Gateway Market Company Landscape And Competitive Strategy
Major companies operating in the internet of things (iot) node and gateway market are Dell Inc.; Advantech Co. Ltd.; TE Connectivity Ltd.; Cisco Systems Inc.; Aaeon Technology Inc.; Microchip Technology Inc.; Nexcom International Co. Ltd.; Helium System Inc.; Samsara Networks Inc.; STMicroelectronics N. V.; Eurotech S. P. A; Adlink Technology Inc.; Mitsubishi Electric Corporation; Lantronix Inc.; NXP Semiconductors N. V; The Hewlett Packard Enterprise Company; Arm Holdings plc; Intel Corporation; Huawei Technologies Co. Ltd.; Texas Instruments Incorporated; Estimote Inc.; Kontron S&T AG; Moxa Inc.; MultiTech Systems Inc.; NimbeLink LLC; Particle Industries Inc.; Red Lion Controls Inc.; Rigado LLC; Sierra Wireless Inc.
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Internet of Things (IoT) Node and Gateway Market Global Footprint: Which Region Leads The Market?
North America was the largest region in the internet of things (IoT) node and gateway market in 2025. The regions covered in the internet of things (iot) node and gateway market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
