Global Iot Node And Gateway Market Size & Outlook

The iot node and gateway industry worldwide is expected to reach a projected revenue of US$ 1,128,631.0 billion by 2030. A compound annual growth rate of 13.1% is expected of the worldwide iot node and gateway industry from 2024 to 2030.
Revenue, 2023 (US$B)
$478,112.2
Forecast, 2030 (US$B)
$1,128,631.0
CAGR, 2024 - 2030
13.1%
Report Coverage
Worldwide

Global iot node and gateway market highlights

  • The global iot node and gateway market generated a revenue of USD 478,112.2 billion in 2023 and is expected to reach USD 1,128,631.0 billion by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 13.1% by 2030.
  • In terms of segment, wi-fi accounted for a revenue of USD 174,420.7 billion in 2023.
  • Z-Wave is the most lucrative connectivity segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 478,112.2 billion
Market revenue in 2030USD 1,128,631.0 billion
Growth rate13.1% (CAGR from 2023 to 2030)
Largest segmentWi-fi
Fastest growing segmentZ-Wave
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD billion
Market segmentationZigbee, Wi-Fi, Bluetooth, Z-Wave

Other key industry trends

  • In terms of revenue, the North America accounted for 36.1% of the global iot node and gateway market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 281,192.3 billion by 2030.

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IoT Node And Gateway Market Companies

Name Profile # Employees HQ Website

Global iot node and gateway market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to iot node and gateway market will help companies and investors design strategic landscapes.


Wi-fi was the largest segment with a revenue share of 36.48% in 2023. Horizon Databook has segmented the Global iot node and gateway market based on zigbee, wi-fi, bluetooth, z-wave covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global IoT Node And Gateway Connectivity Outlook (Revenue, USD Billion, 2018-2030)
    • Zigbee
    • Wi-Fi
    • Bluetooth
    • Z-Wave
    • Others
  • Global IoT Node And Gateway End Use Outlook (Revenue, USD Billion, 2018-2030)
    • Consumer Electronics
    • Wearable Devices
    • Automotive & Transportation
    • BFSI
    • Healthcare
    • Retail
    • Building Automation
    • Oil & Gas
    • Agriculture
    • Aerospace & Defense
    • Others
  • Global IoT Node And Gateway Component Outlook (Revenue, USD Billion, 2018-2030)
    • Hardware
      • Connectivity Integrated Circuits (ICs)
      • Logic Devices
      • Memory Devices
      • Processors
      • Sensors
        • Temperature Sensors
        • Motion Sensors
        • Light Sensors
        • Others
    • Software
    • Services

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Horizon Databook provides a detailed overview of global-level data and insights on the Global iot node and gateway market , including forecasts for subscribers. This global databook contains high-level insights into Global iot node and gateway market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global iot node and gateway market size, by regions, 2018-2030 (US$B)

Top 10 countries: Iot node and gateway market size, 2023 (US$B)

Global iot node and gateway market share, by connectivity, 2023 & 2030 (%, US$B)

Iot node and gateway market: Opportunity assessment by country

Global iot node and gateway market, by region, 2023 (US$B)

Global iot node and gateway market size, by regions, 2018-2030 (US$B)

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