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Global Industrial Iot Gateway Market 2017-2021 - Research and Markets

[April 13, 2017]

Global Industrial Iot Gateway Market 2017-2021 - Research and Markets

Research and Markets has announced the addition of the "Global Industrial Iot Gateway Market 2017-2021" report to their offering.

The global industrial IoT gateway market to grow at a CAGR of 14.71% during the period 2017-2021.

The report covers the present scenario and the growth prospects of the global industrial IoT gateway market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The report also includes a discussion of the key vendors operating in this market.

As the trend for IoT is growing with the rising in number of connected devices, the demand for IoT gateways is increasing as well. The need for IoT gateways was realized when the evolution of connected things took the momentum since the last few years. The report segments the market based on types of applications, end-users, and geographical regions and provides the market share carried by each segment.

One trend in market is increased demand for Big Data analytics. Big Data provides actionable insight by deriving meaningful information from a larger data set. Businesses have realized that they can use Big Data to achieve competitive advantages by optimizing cost structure and enhanced productivity. The power industry uses IoT for collecting data through advanced metering infrastructure and Supervisory control and data acquisition(SCADA) systems to achieve optimized operations.

Key vendors