Market Forecast By Hardware (Processor, Sensor), By End Use (Industrial, Consumer) And Competitive Landscape
Product Code: ETC4464722 | Publication Date: Jul 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | US IoT Node and Gateway Market |
Forecast period | 2025-2031 |
CAGR | 22.4% |
Growing Sector | Industrial |
The US IoT Node and Gateway market report thoroughly covers the market by hardware, by end user and competitive Landscape. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Internet of Things (IoT) Node and Gateway market in the United States has experienced significant growth due to the rising demand for smart devices and automation in various sectors, including healthcare, automotive, and manufacturing. These nodes and gateways serve as critical communication points, facilitating the collection, exchange, and analysis of data, thereby enabling smarter decisions and operational efficiencies. This surge in IoT adoption is driven by advancements in technology, decreasing costs of IoT components, and an increasing emphasis on data-driven strategies in business and governance. Additionally, several key trends are shaping the future of the US IoT Node and Gateway market. First and foremost, the integration of Artificial Intelligence (AI) and Machine Learning (ML) capabilities within IoT nodes and gateways is enhancing the efficiency and intelligence of data processing, allowing for more sophisticated analytics and predictions. Secondly, the shift towards edge computing is reducing latency and improving the responsiveness of IoT systems by processing data closer to its source. Additionally, the adoption of 5G technology is set to significantly increase the speed and reliability of IoT connections, empowering a new wave of applications and services. Finally, there is an increasing focus on security within the IoT ecosystem, with developers and users alike prioritizing the safeguarding of data and networks against potential cyber threats.
According to 6Wresearch, US IoT Node and Gateway market size is projected to grow at a CAGR of 22.4% during 2025-2031. The growth of the IoT Node and Gateway market in the United States is propelled by several key drivers. Foremost among them is the expanding digital transformation across industries, pushing businesses to adopt smart, connected solutions for enhanced efficiency and data-driven decision-making. Additionally, governmental support for IoT initiatives, through funding and policy-making, plays a pivotal role in accelerating IoT adoption. The increasing consumer expectation for seamless, intelligent interactions in their everyday devices further fuels the demand for IoT integration. Furthermore, the continuous advancements in complementary technologies, such as battery life improvement and miniaturization of electronic components, enable more sophisticated and power-efficient IoT devices. Lastly, the growing concern for environmental sustainability encourages the development of IoT solutions aimed at monitoring and reducing energy usage and carbon footprints, contributing significantly to the market's expansion.
Governmental support plays a crucial role in the advancement and adoption of IoT technologies. In the United States, various federal, state, and local initiatives are designed to foster innovation, provide funding, and create a regulatory framework conducive to IoT growth. Notably, initiatives such as Smart Cities and Connected Communities programs aim to leverage IoT solutions for improving public services, infrastructure management, and overall quality of life. Additionally, the government's investment in R&D for cybersecurity measures ensures the secure deployment of IoT devices across critical sectors. Respectively, these efforts have enhanced the US IoT Node and Gateway Market Share. Further, these efforts underscore the commitment to harnessing the potential of IoT for national development, highlighting the symbiotic relationship between policy-making and technological progress in shaping the future of connected solutions.
Prominent players in the IoT market include international giants such as Amazon Web Services (AWS), Google, IBM, Microsoft, Cisco Systems, and Intel. These companies have been at the forefront of developing innovative IoT solutions, offering a wide range of products and services from cloud computing platforms, advanced analytics, and network infrastructure to security and edge computing capabilities. In addition, the corporations’ grasp massive US IoT Node and Gateway Market Revenues. Further, their continued investment in research and development propels the technological advancements that underpin the IoT ecosystem, empowering industries and consumers alike with smarter, more connected technologies.
Looking forward, the landscape of the Internet of Things (IoT) is set to witness revolutionary changes with the advent of emerging technologies such as Artificial Intelligence (AI), machine learning, and 5G connectivity. These advancements are anticipated to enable more sophisticated, autonomous IoT systems capable of real-time data analysis, predictive maintenance, and enhanced decision-making processes. Specifically, AI and machine learning will offer unparalleled insights into data processing, transforming raw data into actionable intelligence with minimal human intervention. Meanwhile, the rollout of 5G networks promises to drastically improve the speed, capacity, and reliability of IoT communications, facilitating the proliferation of IoT devices in areas such as autonomous vehicles, smart cities, and IoT-driven healthcare solutions. As these technologies mature and intersect, the potential for innovative applications and efficiency improvements across all sectors is immense, signaling a dynamic era of growth and opportunity in the IoT domain.
According to Ravi Bhandari, Research Head, 6Wresearch, at the heart of IoT devices, the processor plays a pivotal role, acting as the brain that interprets data and executes commands. It determines the device's capability to handle complex tasks and affects its power consumption and speed. Alongside, sensors are the sensory organs of IoT systems, gathering data from the environment such as temperature, motion, or light. These components are critical for enabling devices to perceive and interact with their surroundings, making informed decisions based on real-time data. Together, processors and sensors are fundamental in driving the functionality and efficiency of IoT applications, from simple home automation devices to intricate industrial machinery.
The spectrum of end users for IoT systems is broad, encompassing both the industrial and consumer sectors. In the industrial realm, IoT technologies are leveraged to optimize manufacturing processes, enhance supply chain visibility, and implement predictive maintenance, thereby driving operational efficiencies and reducing costs. Key industries include manufacturing, agriculture, and healthcare, where IoT devices monitor and manage everything from production lines to patient health data in real-time. On the other hand, the consumer sector sees IoT applications predominantly in smart home devices, wearables, and personal health monitors. These technologies empower individuals with greater control over their environment and personal well-being, offering convenience, security, and enhanced lifestyle choices. Both sectors signify the diverse applicability and potential of IoT systems to transform day-to-day operations and improve quality of life.
The US IoT Node and Gateway market report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United States (US) IoT Node and Gateway Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) IoT Node and Gateway Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) IoT Node and Gateway Market - Industry Life Cycle |
3.4 United States (US) IoT Node and Gateway Market - Porter's Five Forces |
3.5 United States (US) IoT Node and Gateway Market Revenues & Volume Share, By Hardware, 2021 & 2031F |
3.6 United States (US) IoT Node and Gateway Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 United States (US) IoT Node and Gateway Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United States (US) IoT Node and Gateway Market Trends |
6 United States (US) IoT Node and Gateway Market, By Types |
6.1 United States (US) IoT Node and Gateway Market, By Hardware |
6.1.1 Overview and Analysis |
6.1.2 United States (US) IoT Node and Gateway Market Revenues & Volume, By Hardware, 2021 - 2031F |
6.1.3 United States (US) IoT Node and Gateway Market Revenues & Volume, By Processor, 2021 - 2031F |
6.1.4 United States (US) IoT Node and Gateway Market Revenues & Volume, By Sensor, 2021 - 2031F |
6.2 United States (US) IoT Node and Gateway Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 United States (US) IoT Node and Gateway Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.2.3 United States (US) IoT Node and Gateway Market Revenues & Volume, By Consumer, 2021 - 2031F |
7 United States (US) IoT Node and Gateway Market Import-Export Trade Statistics |
7.1 United States (US) IoT Node and Gateway Market Export to Major Countries |
7.2 United States (US) IoT Node and Gateway Market Imports from Major Countries |
8 United States (US) IoT Node and Gateway Market Key Performance Indicators |
9 United States (US) IoT Node and Gateway Market - Opportunity Assessment |
9.1 United States (US) IoT Node and Gateway Market Opportunity Assessment, By Hardware, 2021 & 2031F |
9.2 United States (US) IoT Node and Gateway Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 United States (US) IoT Node and Gateway Market - Competitive Landscape |
10.1 United States (US) IoT Node and Gateway Market Revenue Share, By Companies, 2024 |
10.2 United States (US) IoT Node and Gateway Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |