IoT Node and Gateway Market
IoT Node and Gateway Market Size, Share & Trends Analysis Report, By Hardware (Processors, Sensors, Memory Devices, Connected Integrated Circuits, Others) By End-Use Industry (Industrial, Smart Cities & Infrastructure, Healthcare, Agriculture, Transportation & Logistics, Energy & Utilities, Retail, Consumer Electronics/Smart Homes, Others), Forecast Period (2026-2035)
Industry Overview
IoT node and gateway market was valued at $85 billion in 2025 and is projected to reach $183 billion by 2035, expanding at a CAGR of 8.0% during 2026–2035. The market growth is primarily driven by rapid digital transformation, increasing adoption of smart devices, and expansion of industrial IoT ecosystems across multiple sectors.
According to the International Telecommunication Union (ITU), global IoT-connected devices are expected to exceed 30 billion by 2030, highlighting the exponential demand for IoT nodes and gateways that enable seamless connectivity and data processing. Additionally, the International Energy Agency (IEA) reports that smart energy systems and connected infrastructure are key contributors to IoT deployment globally.
Key end-use industries such as industrial manufacturing, smart cities, healthcare, agriculture, and energy & utilities are increasingly deploying IoT nodes and gateways for real-time data monitoring, predictive maintenance, and automation. The growing integration of AI at the edge and 5G-enabled communication is further accelerating the adoption of advanced IoT gateway solutions.
Market Dynamics
Rapid Expansion of Connected Devices and Smart Infrastructure
The proliferation of connected devices and the development of smart infrastructure are major drivers of the IoT Node and Gateway Market. The International Telecommunication Union (ITU) estimates that global internet penetration has surpassed 67%, significantly boosting IoT adoption across both developed and emerging economies. Smart city initiatives, supported by governments globally, are creating strong demand for IoT gateways to manage data from sensors and connected devices.
The International Energy Agency (IEA) highlights that smart grids and digital energy systems are increasingly relying on IoT nodes for efficient energy distribution and monitoring. Additionally, industrial IoT (IIoT) adoption is accelerating, with manufacturers leveraging IoT gateways for predictive maintenance and operational efficiency.
In 2025–2026, companies are focusing on integrating AI-enabled processing units and edge computing capabilities into IoT gateways to reduce latency and enhance real-time decision-making. Strategic partnerships between semiconductor firms and telecom providers are also strengthening the IoT ecosystem.
Security Concerns and High Deployment Costs
Despite strong growth prospects, the IoT node and gateway market faces challenges related to cybersecurity risks and high deployment costs. IoT networks are highly vulnerable to cyberattacks due to the large number of connected endpoints. According to the OECD, cybersecurity threats have increased significantly with the expansion of connected devices, posing risks to critical infrastructure and industrial systems.
Additionally, the cost of deploying IoT infrastructure, including hardware components such as processors, sensors, and connectivity modules, remains high, especially for small and medium enterprises. Supply chain disruptions, particularly in semiconductor manufacturing, have also impacted the availability and pricing of IoT hardware components.
To address these challenges, companies are investing in secure communication protocols, encryption technologies, and AI-based threat detection systems. Furthermore, advancements in low-power wide-area networks (LPWAN) and cost-efficient chipsets are expected to reduce overall deployment costs over time.
Market Segmentation
- Based on the hardware, the market is segmented into processors, sensors, memory devices, connected integrated circuits, and others.
- Based on the end-use industry, the market is segmented into industrial, smart cities & infrastructure, healthcare, agriculture, transportation & logistics, energy & utilities, retail, consumer electronics/smart homes, and others.
Industrial Segment Leads the Market
The industrial segment dominates the IoT node and gateway market due to the widespread adoption of Industrial IoT (IIoT) solutions across manufacturing, oil & gas, and energy sectors. Industries are increasingly deploying IoT nodes and gateways to enable predictive maintenance, asset tracking, and real-time monitoring of production processes.
Between 2022 and 2026, industrial enterprises have significantly increased investments in automation and digital transformation. IoT gateways play a critical role in connecting legacy systems with modern cloud platforms, ensuring seamless data flow and analytics. Leading companies are focusing on developing rugged and high-performance gateways capable of operating in harsh industrial environments. The integration of AI and edge computing into industrial IoT solutions further enhances operational efficiency and reduces downtime.
Smart Cities & Infrastructure Segment to Record Strong Growth
The smart cities & infrastructure segment is expected to witness the fastest growth during the forecast period. Governments globally are investing heavily in smart city projects, including intelligent transportation systems, smart lighting, and connected public services.
Technological advancements such as 5G connectivity and edge computing are enabling real-time data processing and communication between IoT devices. According to the International Energy Agency (IEA), smart city investments are expected to grow significantly as countries aim to improve energy efficiency and urban sustainability. Additionally, increasing adoption of smart surveillance, waste management systems, and environmental monitoring solutions is driving demand for IoT nodes and gateways in urban infrastructure.
Regional Outlook
The global IoT node and gateway market is geographically segmented into North America (the US and Canada), Europe (the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, Australia and New Zealand, ASEAN Countries, and the Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa and Latin America).
United States Leads the Market
The United States dominates the IoT node and gateway market due to its advanced technological infrastructure and strong presence of leading semiconductor and IoT solution providers. According to the U.S. Energy Information Administration (EIA), the country is heavily investing in smart grid technologies, which rely extensively on IoT nodes and gateways.
Additionally, the OECD reports that the U.S. has one of the highest rates of digital adoption across industries, including manufacturing, healthcare, and transportation. Government initiatives supporting Industry 4.0 and smart city development further contribute to market growth. The increasing deployment of 5G networks and edge computing solutions is also accelerating IoT adoption across various sectors in the country.
China to Record Strong Growth
China is expected to witness the fastest growth in the IoT node and gateway market due to rapid industrialization and large-scale smart city projects. According to the International Telecommunication Union (ITU), China leads globally in IoT connections, driven by extensive deployment across manufacturing and urban infrastructure.
The country’s strong manufacturing base and government-backed initiatives such as “Made in China 2025” are promoting the adoption of advanced IoT technologies. Additionally, data from the UN Trade and Development (UNCTAD) indicates significant growth in exports of electronic components, including IoT hardware. Investments in 5G infrastructure and AI integration are further strengthening China’s position as a key growth market for IoT nodes and gateways.
Competitive Landscape
The IoT node and gateway market is highly competitive, characterized by rapid technological innovation and strong competition among global semiconductor and technology companies. Key players are focusing on developing advanced hardware solutions with integrated AI capabilities, enhanced connectivity, and improved energy efficiency.
Companies such as STMicroelectronics N.V., Samsung Electronics, Intel Corporation, Huawei Technologies Co., and Broadcom Inc. are actively investing in R&D to strengthen their product portfolios. Strategic collaborations, mergers, and partnerships are common strategies adopted to expand market presence and enhance technological capabilities. Additionally, companies are focusing on supply chain optimization and regional expansion to cater to the growing demand for IoT solutions across various industries.
Recent Developments
- In March 2026, Intel introduced its Core Series 2 processors with P-cores at Embedded World 2026, delivering an industrial-grade platform designed for mission-critical edge applications with enhanced real-time and deterministic performance. The launch addresses key industrial challenges by enabling simultaneous handling of safety-critical control and real-time data workloads with improved efficiency and lower latency.
- Huawei Technologies Co. has partnered with leading telecom providers to accelerate the deployment of 5G-enabled IoT gateways, aiming to strengthen next-generation connectivity infrastructure. This collaboration is expected to significantly enhance real-time data transmission and network efficiency across urban ecosystems. By leveraging advanced 5G capabilities, the initiative supports the rapid expansion of smart city solutions, including intelligent traffic management and public safety systems.
The Report Covers
- Market value data analysis of 2025 and forecast to 2035.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global IoT node and gateway market. Based on the availability of data, information related to new products and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
- Report Summary
- Current Industry Analysis and Growth Potential Outlook
- Global IoT Node and Gateway Market Sales Analysis – Hardware | End-Use Industry ($ Million)
- IoT Node and Gateway Market Size, Market Sales Performance of Top Countries
1.1 Research Methodology
- Primary Research Approach
- Secondary Research Approach
1.2 Market Snapshot
- Market Overview and Insights
2.1 Scope of the Study
2.2 Analyst Insight & Current Market Trends
??2.2.1 Key IoT Node and Gateway Market Trends
??2.2.2 Market Recommendations
2.3 Porter's Five Forces Analysis for the IoT Node and Gateway Market
??2.3.1 Competitive Rivalry
??2.3.2 Threat of New Entrants
??2.3.3 Bargaining Power of Suppliers
??2.3.4 Bargaining Power of Buyers
??2.3.5 Threat of Substitutes
- Market Determinants
3.1 Market Drivers
??3.1.1 Drivers for the Global IoT Node and Gateway Market: Impact Analysis
3.2 Market Pain Points and Challenges
??3.2.1 Restraints for the Global IoT Node and Gateway Market: Impact Analysis
3.3 Market Opportunities
??3.3.1 Opportunities for the Global IoT Node and Gateway Market: Impact Analysis
- Competitive Landscape
4.1 Competitive Dashboard – IoT Node and Gateway Market Size, Market Revenue, and Share by Manufacturers
- IoT Node and Gateway Market Comparison Analysis
- Top Market Player Ranking Matrix
4.2 Key Company Analysis
??4.2.1 STMicroelectronics N.V.
????4.2.1.1 Overview
????4.2.1.2 Product Portfolio
????4.2.1.3 Financial Analysis
????4.2.1.4 SWOT Analysis
????4.2.1.5 Business Strategy
??4.2.2 Samsung Electronics
????4.2.2.1 Overview
????4.2.2.2 Product Portfolio
????4.2.2.3 Financial Analysis
????4.2.2.4 SWOT Analysis
????4.2.2.5 Business Strategy
??4.2.3 Intel Corporation
????4.2.3.1 Overview
????4.2.3.2 Product Portfolio
????4.2.3.3 Financial Analysis
????4.2.3.4 SWOT Analysis
????4.2.3.5 Business Strategy
??4.2.4 Huawei Technologies Co.
????4.2.4.1 Overview
????4.2.4.2 Product Portfolio
????4.2.4.3 Financial Analysis
????4.2.4.4 SWOT Analysis
????4.2.4.5 Business Strategy
??4.2.5 Broadcom Inc.
????4.2.5.1 Overview
????4.2.5.2 Product Portfolio
????4.2.5.3 Financial Analysis
????4.2.5.4 SWOT Analysis
????4.2.5.5 Business Strategy
4.3 Top Winning Strategies by Market Players
??4.3.1 Merger and Acquisition
??4.3.2 Product Launch
??4.3.3 Partnership And Collaboration
- Global IoT Node and Gateway Market Sales Analysis by Hardware ($ Million)
5.1 Processors
5.2 Sensors
5.3 Memory Devices
5.4 Connected Integrated Circuits
5.5 Others
- Global IoT Node and Gateway Market Sales Analysis by End-Use Industry ($ Million)
6.1 Industrial
6.2 Smart Cities & Infrastructure
6.3 Healthcare
6.4 Agriculture
6.5 Transportation & Logistics
6.6 Energy & Utilities
6.7 Retail
6.8 Consumer Electronics / Smart Homes
6.9 Others
- Regional Analysis
7.1 North American IoT Node and Gateway Market Sales Analysis – Hardware | End-Use Industry | Component | Country ($ Million)
??7.1.1 United States
??7.1.2 Canada
7.2 European IoT Node and Gateway Market Sales Analysis – Hardware | End-Use Industry | Component | Country ($ Million)
??7.2.1 UK
??7.2.2 Germany
??7.2.3 Italy
??7.2.4 Spain
??7.2.5 France
? 7.2.6 Russia
? 7.2.7 Rest of Europe
7.3 Asia-Pacific IoT Node and Gateway Market Sales Analysis – Hardware | End-Use Industry | Component | Country ($ Million)
??7.3.1 China
??7.3.2 Japan
? 7.3.3 South Korea
??7.3.4 India
??7.3.5 Australia & New Zealand
??7.3.6 ASEAN Countries
??7.3.7 Rest of Asia-Pacific
7.4 Rest of the World IoT Node and Gateway Market Sales Analysis – Hardware | End-Use Industry | Component | Country ($ Million)
??7.4.1 Latin America
??7.4.2 Middle East and Africa
- Company Profiles
8.1 ADLINK Technology Inc.
??8.1.1 Quick Facts
??8.1.2 Company Overview
??8.1.3 Product Portfolio
??8.1.4 Business Strategies
8.2 Advantech Co., Ltd.
??8.2.1 Quick Facts
??8.2.2 Company Overview
??8.2.3 Product Portfolio
??8.2.4 Business Strategies
8.3 Analog Devices, Inc.
??8.3.1 Quick Facts
??8.3.2 Company Overview
??8.3.3 Product Portfolio
??8.3.4 Business Strategies
8.4 Cisco Systems, Inc.
??8.4.1 Quick Facts
??8.4.2 Company Overview
??8.4.3 Product Portfolio
??8.4.4 Business Strategies
8.5 Dell Technologies Inc.
??8.5.1 Quick Facts
??8.5.2 Company Overview
??8.5.3 Product Portfolio
??8.5.4 Business Strategies
8.6 Digi International Inc.
??8.6.1 Quick Facts
??8.6.2 Company Overview
??8.6.3 Product Portfolio
??8.6.4 Business Strategies
8.7 Eurotech S.p.A.
??8.7.1 Quick Facts
??8.7.2 Company Overview
??8.7.3 Product Portfolio
??8.7.4 Business Strategies
8.8 HPE (Aruba Networks)
??8.8.1 Quick Facts
??8.8.2 Company Overview
??8.8.3 Product Portfolio
??8.8.4 Business Strategies
8.9 Kontron AG
??8.9.1 Quick Facts
??8.9.2 Company Overview
??8.9.3 Product Portfolio
? 8.9.4 Business Strategies
8.10 Lantronix, Inc.
??8.10.1 Quick Facts
??8.10.2 Company Overview
??8.10.3 Product Portfolio
??8.10.4 Business Strategies
8.11 Microchip Technology Inc.
??8.11.1 Quick Facts
??8.11.2 Company Overview
??8.11.3 Product Portfolio
??8.11.4 Business Strategies
8.12 Multi-Tech Systems, Inc.
??8.12.1 Quick Facts
??8.12.2 Company Overview
??8.12.3 Product Portfolio
??8.12.4 Business Strategies
8.13 Murata Manufacturing
??8.13.1 Quick Facts
??8.13.2 Company Overview
??8.13.3 Product Portfolio
??8.13.4 Business Strategies
8.14 NXP Semiconductors N.V.
??8.14.1 Quick Facts
??8.14.2 Company Overview
??8.14.3 Product Portfolio
??8.14.4 Business Strategies
8.15 Qualcomm (Dragonwing)
??8.15.1 Quick Facts
??8.15.2 Company Overview
??8.15.3 Product Portfolio
??8.15.4 Business Strategies
8.16 Renesas Electronics
??8.16.1 Quick Facts
??8.16.2 Company Overview
??8.16.3 Product Portfolio
??8.16.4 Business Strategies
8.17 Robert Bosch (Sensortec)
?? 8.17.1 Quick Facts
?? 8.17.2 Company Overview
?? 8.17.3 Product Portfolio
?? 8.17.4 Business Strategies
8.18 Semtech (Sierra Wireless)
?? 8.18.1 Quick Facts
?? 8.18.2 Company Overview
?? 8.18.3 Product Portfolio
?? 8.18.4 Business Strategies
8.18 TE Connectivity Ltd.
?? 8.18.1 Quick Facts
? 8.18.2 Company Overview
?? 8.18.3 Product Portfolio
?? 8.18.4 Business Strategies
8.20 Texas Instruments Inc.
?? 8.20.1 Quick Facts
?? 8.20.2 Company Overview
?? 8.20.3 Product Portfolio
?? 8.20.4 Business Strategies
1. Global IoT Node and Gateway Market Research and Analysis by Hardware, 2025–2035 ($ Million)
2. Global Processors IoT Node and Gateway Market Research and Analysis by Region, 2025–2035 ($ Million)
3. Global Sensors IoT Node and Gateway Market Research and Analysis by Region, 2025–2035 ($ Million)
4. Global Memory Devices IoT Node and Gateway Market Research and Analysis by Region, 2025–2035 ($ Million)
5. Global Connected Integrated Circuits IoT Node and Gateway Market Research and Analysis by Region, 2025–2035 ($ Million)
6. Global Others IoT Node and Gateway Market Research and Analysis by Region, 2025–2035 ($ Million)
7. Global IoT Node and Gateway Market Research and Analysis by End Use Industry, 2025–2035 ($ Million)
8. Global IoT Node and Gateway for Industrial (Manufacturing, Oil & Gas) Market Research and Analysis by Region, 2025–2035 ($ Million)
9. Global IoT Node and Gateway for Smart Cities & Infrastructure Market Research and Analysis by Region, 2025–2035 ($ Million)
10. Global IoT Node and Gateway for Healthcare Market Research and Analysis by Region, 2025–2035 ($ Million)
11. Global IoT Node and Gateway for Agriculture Market Research and Analysis by Region, 2025–2035 ($ Million)
12. Global IoT Node and Gateway for Transportation & Logistics Market Research and Analysis by Region, 2025–2035 ($ Million)
13. Global IoT Node and Gateway for Energy & Utilities Market Research and Analysis by Region, 2025–2035 ($ Million)
14. Global IoT Node and Gateway for Retail Market Research and Analysis by Region, 2025–2035 ($ Million)
15. Global IoT Node and Gateway for Consumer Electronics / Smart Homes Market Research and Analysis by Region, 2025–2035 ($ Million)
16. Global IoT Node and Gateway for Others Market Research and Analysis by Region, 2025–2035 ($ Million)
17. Global IoT Node and Gateway Market Size by Region, 2025–2035 ($ Million)
18. North America IoT Node and Gateway Market Research and Analysis by Country, 2025–2035 ($ Million)
19. North America IoT Node and Gateway Market Research and Analysis by Hardware, 2025–2035 ($ Million)
20. North America IoT Node and Gateway Market Research and Analysis by End-Use Industry, 2025–2035 ($ Million)
21. Europe IoT Node and Gateway Market Research and Analysis by Country, 2025–2035 ($ Million)
22. Europe IoT Node and Gateway Market Research and Analysis by Hardware, 2025–2035 ($ Million)
23. Europe IoT Node and Gateway Market Research and Analysis by End-Use Industry, 2025–2035 ($ Million)
24. Asia-Pacific IoT Node and Gateway Market Research and Analysis by Country, 2025–2035 ($ Million)
25. Asia-Pacific IoT Node and Gateway Market Research and Analysis by Hardware, 2025–2035 ($ Million)
26. Asia-Pacific IoT Node and Gateway Market Research and Analysis by End-Use Industry, 2025–2035 ($ Million)
27. Rest of the World IoT Node and Gateway Market Research and Analysis by Region, 2025–2035 ($ Million)
28. Rest of the World IoT Node and Gateway Market Research and Analysis by Hardware, 2025–2035 ($ Million)
29. Rest of the World IoT Node and Gateway Market Research and Analysis by End-Use Industry, 2025–2035 ($ Million)
1. Global IoT Node and Gateway Market Size by Hardware, 2025 Vs 2035 (%)
2. Global Processors IoT Node and Gateway Market Research and Analysis by Region, 2025 vs 2035 (%)
3. Global Sensors IoT Node and Gateway Market Research and Analysis by Region, 2025 vs 2035 (%)
4. Global Memory Devices IoT Node and Gateway Market Research and Analysis by Region, 2025 Vs 2035 (%)
5. Global Connected Integrated Circuits IoT Node and Gateway Market Research and Analysis by Region, 2025 Vs 2035 (%)
6. Global Others (Logic Devices) IoT Node and Gateway Market Research and Analysis by Region, 2025 Vs 2035 (%)
7. Global IoT Node and Gateway Market Size by End Use Industry, 2025 Vs 2035 (%)
8. Global IoT Node and Gateway for Industrial (Manufacturing, Oil & Gas) Market Research and Analysis by Region, 2025 vs 2035 (%)
9. Global IoT Node and Gateway for Smart Cities & Infrastructure Market Research and Analysis by Region, 2025 Vs 2035 (%)
10. Global IoT Node and Gateway for Healthcare Market Research and Analysis by Region, 2025 vs 2035 (%)
11. Global IoT Node and Gateway for Agriculture Market Research and Analysis by Region, 2025 vs 2035 (%)
12. Global IoT Node and Gateway for Transportation & Logistics Market Research and Analysis by Region, 2025 Vs 2035 (%)
13. Global IoT Node and Gateway for Energy & Utilities Market Research and Analysis by Region, 2025 vs 2035 (%)
14. Global IoT Node and Gateway for Retail Market Research and Analysis by Region, 2025 vs 2035 (%)
15. Global IoT Node and Gateway for Consumer Electronics / Smart Homes Market Research and Analysis by Region, 2025 vs 2035 (%)
16. Global IoT Node and Gateway for Others Market Research and Analysis by Region, 2025 Vs 2035 (%)
17. Global IoT Node and Gateway Market Size by Region, 2025 vs 2035 (%)
18. US IoT Node and Gateway Market Size, 2025-2035 ($ Million)
19. Canada IoT Node and Gateway Market Size, 2025-2035 ($ Million)
20. UK IoT Node and Gateway Market Size, 2025-2035 ($ Million)
21. France IoT Node and Gateway Market Size, 2025-2035 ($ Million)
22. Germany IoT Node and Gateway Market Size, 2025-2035 ($ Million)
23. Italy IoT Node and Gateway Market Size, 2025-2035 ($ Million)
24. Spain IoT Node and Gateway Market Size, 2025-2035 ($ Million)
25. Russia IoT Node and Gateway Market Size, 2025-2035 ($ Million)
26. India IoT Node and Gateway Market Size, 2025-2035 ($ Million)
27. China IoT Node and Gateway Market Size, 2025-2035 ($ Million)
28. Japan IoT Node and Gateway Market Size, 2025-2035 ($ Million)
29. South Korea IoT Node and Gateway Market Size, 2025-2035 ($ Million)
30. Australia & New Zealand IoT Node and Gateway Market Size, 2025-2035 ($ Million)
31. ASEAN IoT Node and Gateway Market Size, 2025-2035 ($ Million)
32. Rest of Asia-Pacific IoT Node and Gateway Market Size, 2025-2035 ($ Million)
33. Latin America IoT Node and Gateway Market Size, 2025-2035 ($ Million)
34. Middle East & Africa IoT Node and Gateway Market Size, 2025-2035 ($ Million)
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