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Global Cellular IoT Gateways Market
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Global Cellular IoT Gateways Market By Type (NB-IoT, NB-LTE-M, 4G, LTE, 3G, 2G, 4G, 5G, and LTE-M), By Application (Healthcare, Telecommunications, Military, Retail, and BFSI), By Region, and Key Companies – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022-2031
In 2021, the market for Cellular IoT Gateways worldwide was worth $4.2 billion US dollars. The market will reach US$ 19.3 billion by 2031, growing at a CAGR of 14.9 percent between 2022 and 2031. We are constantly tracking and evaluating the pandemic’s direct and indirect effects, taking into account the uncertainties of COVID-19. The report includes these insights as a significant market contributor.
| Attribute | Key Insights |
| Estimated Market Value (2021) | 4.2 USD Billion |
| Forecasted Market Value (2032) | 19.3 USD Billion |
| CAGR % 2023-2028 | 14.9%` |
| Leading Region | North America |
Industry Overview
The finished modems and routers that use a cellular radio for wireless WAN connectivity in a variety of IoT applications, use cases, and verticals make up the broad category of cellular IoT gateway devices. The segmentation data for other regions at the regional and county levels are also included in the report, which focuses on the global and United States Cellular IoT Gateways market.
The demand for IoT gateways has been significantly fueled by the increasing number of connected industrial devices. The demand for advanced security protocols and cyber protection has increased in recent years as the industrial sectors produce a large amount of data. The demand for IoT Gateways in the industrial sector has significantly increased as a result of these factors. Due to the fact that IoT Gateways can protect data from security breaches by providing multi-level authentication and end-to-end encryption.
In recent years, intelligent sensors have become increasingly important in all commercial and industrial sectors, including residential ones. Cloud-based IoT-enabled sensors are being used by even small and medium-sized businesses to manage essential operations. In developed nations, it is essential to be able to sense heat, humidity, refrigeration, air conditioning, and refrigeration in industrial, commercial, and residential settings. The IoT Gateways market is currently being significantly influenced by this factor.
Market opportunities
The industry’s ongoing development provides users with appealing features. In particular, the health care industry relies heavily on custom-designed IoT devices that can monitor air quality. The health of hospital patients has significantly improved as a result of the IoT-enabled air quality sensors. The Internet of Things (IoT) devices that can connect to tools for data visualization support inefficient management and offer insight into compliance.
In order to maintain their position in the market, vendors are intensifying their efforts to promote the features and continuously provide tools for support. Wifi, thread, and Zigbee are just a few of the wireless protocols that can be supported by modular IoT Gateways. The IoT Gateways market value in the airlines sector has also increased as a result of the widespread use of IoT devices in the airline industry for handling baggage cases and separating bags.
COVID Impact
The pandemic has accelerated industries’ digital transformation; As a means of interacting with their clients and customers, businesses are increasingly turning to digital technologies. Additionally, people are more reliant on digital resources. During this pandemic, the healthcare market is expanding rapidly. Healthcare’s cellular IoT (Internet of Things) presents numerous opportunities for patients and businesses alike. There has been an increase in demand for cellular Internet of Things (IoT) in healthcare because it makes it possible to combine consumer and clinical data and create smarter, more meaningful connected consumer and care solutions.
During the initial phase of the pandemic, the supply chain was negatively impacted by lockdowns and worker restrictions imposed by the government in numerous global regions. By assigning limited workers to different shifts, businesses are conforming their operations to government guidelines. Operations and supply chain breakdowns, labor shortages, and operational disruptions were affecting industries. Due to chip shortages and the disruption in the supply chain, the majority of cellular IoT providers have a large backlog of orders. However, the supply chain has improved as a result of the opening of the majority of facilities and the removal of travel restrictions. The businesses are making every effort to meet the growing demand.
Regional Trend
It is impossible to ignore the significant role that North America, particularly the United States, will continue to play. The trend for the development of cellular IoT gateways may be influenced by any American changes. During the forecast period, significant expansion is anticipated in the North American market. The market is likely to have a lot of growth opportunities because of the high rate of adoption of cutting-edge technology and the presence of major players in this region. Europe likewise assume significant parts in worldwide market, with a great development in CAGR During the Figure period 2022-2031.
Competitive Landscape
Key players operating in the Cellular IoT Gateways Market include ADTRAN, ATandT Mobility, Airspan Networks, Airvana, Alcatel-Lucent, Aptilo Networks, Arcadyan Technology, Argela, Aruba Networks, Aviat Networks, Marvell, China Mobile, Cisco, Comcast, Contela, Devicescape, Eircom, Ericsson, Huawei, Juniper Networks, KDDI, Kineto Wireless, Korea Telecom, Motorola Solutions, NEC and among others.
By Type
- NB-IoT
- NB-LTE-M
- 4G
- LTE
- 3G
- 2G
- 4G
- 5G
- LTE-M
By Application
- Healthcare
- Telecommunications
- Military
- Retail
- BFSI
ToC
- Global Cellular IoT Gateways Market Introduction and Market Overview
- Objectives of the Study
- Global Cellular IoT Gateways Market Scope and Market Estimation
- Global Cellular IoT Gateways Overall Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2023 – 2032)
- Global Cellular IoT Gateways Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019 – 2032
- Market Segmentation
- Type of Global Cellular IoT Gateways Market
- Application of Global Cellular IoT Gateways Market
- Region of Global Cellular IoT Gateways Market
- Executive Summary
- Market Factor Analysis
- Global Cellular IoT Gateways Market Industry Trends under COVID-19 Outbreak
- Global COVID-19 Status Overview
- Influence of COVID-19 Outbreak on Global Cellular IoT Gateways Market Industry Development
- Market Dynamics, By Region
- Drivers
- Limitations
- Opportunities
- Impact Analysis of Drivers and Restraints
- Global Cellular IoT Gateways Market – Pricing Trends Analysis & Average Selling Prices (ASPs)
- End-User / Customer Preferences & Consumer Surveys
- Technology Roadmap & Key Innovations /Developments
- Key Mandates & Regulatory Scenario Analysis
- Patents Landscape
- Key Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- PEST Analysis
- Political Factors
- Economic Factors
- Social Factors
- Technological Factors
- SWOT Analysis
- ANSOFF Matrix
- Market Penetration Strategy
- Product Development Strategy
- Market Development Strategy
- Diversification Strategy
- Market Investment Feasibility Analysis
- Opportunity Map Analysis
- Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Regions
- Global Cellular IoT Gateways Market Industry Trends under COVID-19 Outbreak
- Global Cellular IoT Gateways Market Estimates & Historical Trend Analysis (2019 – 2022)
- Global Cellular IoT Gateways Market Estimates & Forecast Trend Analysis, by Type
- Global Cellular IoT Gateways Market Revenue (US$ Mn) Estimates and Forecasts, by Service Type, 2019 to 2032
- NB-IoT
- NB-LTE-M
- 4G
- LTE
- 3G
- 2G
- 4G
- 5G
- LTE-M
- Global Cellular IoT Gateways Market Estimates & Forecast Trend Analysis, by Application
- Global Cellular IoT Gateways Market Revenue (US$ Mn) Estimates and Forecasts, by Application, 2019 to 2032
- Healthcare
- Telecommunications
- Military
- Retail
- BFSI
- Global Cellular IoT Gateways Market Estimates & Forecast Trend Analysis, by Region
- Global Cellular IoT Gateways Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2019 to 2032
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
- Global Cellular IoT Gateways Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2019 to 2032
- North America Cellular IoT Gateways Market: Estimates & Forecast Trend Analysis
- North America Cellular IoT Gateways Market Assessments & Key Findings
- Cellular IoT Gateways Market Introduction
- Cellular IoT Gateways Market Size Estimates and Forecast (US$ Million) (2019 – 2031)
- By Type
- By Application
- By Country
- The U.S.
- Canada
- Mexico
- North America Cellular IoT Gateways Market Assessments & Key Findings
- Europe Cellular IoT Gateways Market: Estimates & Forecast Trend Analysis
- Europe Cellular IoT Gateways Market Assessments & Key Findings
- Cellular IoT Gateways Market Introduction
- Cellular IoT Gateways Market Size Estimates and Forecast (US$ Million) (2019 – 2031)
- By Type
- By Application
- By Country
- Germany
- K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Europe Cellular IoT Gateways Market Assessments & Key Findings
- Asia Pacific Cellular IoT Gateways Market: Estimates & Forecast Trend Analysis
- Asia Pacific Market Assessments & Key Findings
- Cellular IoT Gateways Market Introduction
- Cellular IoT Gateways Market Size Estimates and Forecast (US$ Million) (2019 – 2031)
- By Type
- By Application
- By Country
- China
- Japan
- India
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Asia Pacific Market Assessments & Key Findings
- Middle East & Africa Cellular IoT Gateways Market: Estimates & Forecast Trend Analysis
- Middle East & Africa Market Assessments & Key Findings
- Cellular IoT Gateways Market Introduction
- Cellular IoT Gateways Market Size Estimates and Forecast (US$ Million) (2019 – 2031)
- By Type
- By Application
- By Country
- A.E.
- Saudi Arabia
- Egypt
- South Africa
- Rest of Middle East & Africa
- Middle East & Africa Market Assessments & Key Findings
- South America Cellular IoT Gateways Market: Estimates & Forecast Trend Analysis
- South America Market Assessments & Key Findings
- Cellular IoT Gateways Market Introduction
- Cellular IoT Gateways Market Size Estimates and Forecast (US$ Million) (2019 – 2031)
- By Type
- By Application
- By Country
- Brazil
- Argentina
- Colombia
- Rest of South America
- South America Market Assessments & Key Findings
- Competition Landscape
- Cellular IoT Gateways Market Competition Index, By Leading Players
- Cellular IoT Gateways Market Competition White Space Analysis, By Application / End-user
- Cellular IoT Gateways Market Competition Heat Map Analysis, By Products / Services / Solutions
- Cellular IoT Gateways Market Competition Regional Intensity Map Analysis, By Geographies Served
- Cellular IoT Gateways Market Concentration & Company Market Shares (%) Analysis, 2022
- Cellular IoT Gateways Market Competition Quadrant Analysis, By Leading Players / Innovators / Emerging Players / New Entrants
- Company Profiles
- Hewlett Packard Enterprise Company
- Company Overview & Key Stats
- Financial Performance & KPIs
- Product / Service / Solutions Portfolio & Applications / End-uses
- Business Strategy & Recent Developments
- Hewlett Packard Enterprise Company
* Similar details would be provided for all the players mentioned below
- Cisco Systems Inc. (U.S.)
- Huawei Technologies Co. Ltd. (China)
- Advantech B+B Smartworx (U.S.)
- Bitrective AS (Norway)
- Advantech Corporation (Taiwan)
- Eurotech (Italy)
- Sierra Wireless (Canada)
- Volansys Technologies Pvt. Ltd. (U.S.)
- Others
- Research Methodology
- External Sources / Databases
- Internal Proprietary Database
- Primary Research
- Secondary Research
- Assumptions
- Limitations
- Report FAQs
- Research Findings & Conclusion
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