Featuring market attractiveness scoring, total addressable market sizing, company benchmarking matrices, interactive Excel dashboards, deeper supply chain intelligence, emerging startup tracking, and granular product-level insights, The Business Research Company’s 2026 market reports are built to deliver research that is both more actionable and more strategically valuable.
#IoT Gateways Market Growth Potential: How Will Market Size Shift Through 2030?#_x000D_
The iot gateways market size has experienced considerable expansion in recent years. It is anticipated to grow from $2.32 billion in 2025 to $2.72 billion in 2026, reflecting a compound annual growth rate (CAGR) of 17.1%. The historic period’s growth can be attributed to the rise of smart home technologies, the growth of industrial automation, the adoption of cloud computing solutions, an increasing demand for real-time analytics, and the proliferation of connected devices._x000D_
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The iot gateways market size is projected to experience substantial expansion in the coming years. It is anticipated to reach a valuation of $4.66 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 14.4%. This projected expansion throughout the forecast period stems from factors such as the broadening of smart city initiatives, a surge in the adoption of 5G and sophisticated connectivity, the incorporation of AI and ML for IoT optimization, a heightened regulatory emphasis on data security, and the emergence of predictive maintenance solutions. Key developments anticipated during the forecast period encompass the integration of edge computing, improvements in device connectivity, secure data transmission methods, real-time data processing capabilities, and effective IoT network management._x000D_
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#IoT Gateways Market Expansion Drivers: What’s Shaping Future Growth?#_x000D_
Improved internet connectivity is projected to drive the expansion of the IoT gateways market in the future. This connectivity denotes devices’ capacity to link and interact via the Internet, allowing for information exchange and communication. The surge in internet access stems from economic drivers, policy efforts, a growing need for digital services, and evolving consumer habits. IoT gateways are vital for guaranteeing that IoT devices and systems establish secure and dependable internet connections, manage data effectively, and sustain critical communications, which is essential for realizing the complete potential of IoT solutions across diverse industries. For example, in June 2024, the National Telecommunications and Information Administration, a US advisory body on telecommunications and information policy, stated that in 2023, 72 percent of individuals resided in homes with both fixed and mobile Internet access. Consequently, enhanced internet connectivity is fueling the expansion of the IoT gateways market._x000D_
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#IoT Gateways Market Segment Breakdown: Which Categories Lead On Revenue?#_x000D_
The iot gateways market covered in this report is segmented – _x000D_
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1) By Component: Processor, Sensor, Memory And Storage Device, Other Components_x000D_
2) By Connectivity: Bluetooth, Wi-Fi, ZigBee, Ethernet, Cellular, Other Connectivities_x000D_
3) By End-User: Automotive and Transportation, Healthcare, Industrial, Consumer Electronics, Banking, Financial Services And Insurance (BFSI), Oil And Gas, Retail, Aerospace and Defense, Other End-Users_x000D_
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Subsegments:_x000D_
1) By Processor: Central Processing Unit (CPU), Microcontroller Unit (MCU), System On Chip (Soc)_x000D_
2) By Sensor: Temperature Sensor, Pressure Sensor, Humidity Sensor, Motion Sensor, Proximity Sensor_x000D_
3) By Memory And Storage Device: Random Access Memory (RAM), Flash Memory, Solid-State Drive (SSD), External Storage Devices_x000D_
4) By Other Components: Communication Modules, Power Management Ics, Voltage Regulators, Antennas, Connectors_x000D_
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#IoT Gateways Market Strategic Trends: What Defines The Next Growth Phase?#_x000D_
Leading companies within the IoT gateways market are developing sophisticated products, such as automotive-qualified Ethernet PHYs, to increase their revenue. The automotive-qualified Ethernet PHY (physical layer) serves as a vital component within IoT gateways, facilitating rapid communication and data transmission between IoT devices and cloud platforms. For instance, in July 2023, Microchip Technology, a US-based manufacturer specializing in semiconductor products, introduced its automotive-qualified Ethernet PHYs, specifically the LAN8670/1/2 10BASE-T1S devices. These devices incorporate advanced capabilities like enhanced EMC/EMI performance, sleep/wake functionality, and time-sensitive networking support for accurate time synchronization. Notably, they provide advanced PHY diagnostics and enable the use of multiple Ethernet PHYs on a shared bus line, effectively minimizing cabling and switch ports while ensuring readiness for functional safety in ISO 26262 applications._x000D_
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#IoT Gateways Market Leading Players And Competitive Positioning#_x000D_
Major companies operating in the iot gateways market are Dell Inc.; Huawei Technologies Co. Ltd.; Hewlett Packard Enterprise Co.; Cisco Systems Inc.; Texas Instruments Incorporated; STMicroelectronics N.V.; TE Connectivity Ltd.; Eurotech Inc.; NXP Semiconductors; Harman International Industries Inc.; Microchip Technology Inc.; Super Micro Computer Inc.; Advantech Co. Ltd.; Kontron S&T AG; Pepperl+Fuchs Inc.; Banner Engineering Corp.; Samsara Networks Inc.; ADLINK Technology Inc.; Aaeon Technology Inc.; Softing Industrial Automation GmbH; Multi-Tech Systems Inc.; Helium Systems Inc.; Winmate Inc.; Rigado LLC; ClearBlade Inc. _x000D_
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#IoT Gateways Market Largest Region: Which Geography Holds The Biggest Share?#_x000D_
North America was the largest region in the IOT gateways market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the iot gateways market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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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.
