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IoT Node and Gateway Market to Reach 17.18 Billion Units by 2023 - Analysis by Hardware, End-Use & Geography - Research and MarketsResearch and Markets has announced the addition of the "IoT Node and Gateway Market - Global Forecast to 2023" report to their offering. According to the new market research report on IoT node and gateway market, this market is projected to reach 17.18 billion units by 2023, growing at a CAGR of 30.9% between 2017 and 2023. The growth of the IoT node and gateway market can be attributed to the improved internet connectivity and growth in use of wireless sensors and their networks, as well as growth in application specific microcontroller units (MCUs). However, the lack of common communication protocols and communication standards across platforms and high power consumption by connected devices are hindering the growth of the IoT node and gateway market. The IoT node and gateway market for logic device is expected to witness the highest CAGR from 2017 to 2023. The significant increase in the shipment oflogic devices is attributed to the growing adoption of wearable devices in developing economies such as China, India, and Brazil, as well as the increasing participation of domestic players in the wearable devices market. Companies Mentioned
Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 IoT Node and Gateway (News - Alert) Market, By Hardware 8 IoT Node and Gateway Market, By End-Use Application 9 Geographic Analysis 10 Competitive Landscape 11 Company Profiles For more information about this report visit https://www.researchandmarkets.com/research/2znlvf/iot_node_and View source version on businesswire.com: http://www.businesswire.com/news/home/20170622005441/en/ |
