Market revenue in 2023 | USD 17,010.7 billion |
Market revenue in 2030 | USD 37,047.0 billion |
Growth rate | 11.8% (CAGR from 2023 to 2030) |
Largest segment | Wi-fi |
Fastest growing segment | Zigbee |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD billion |
Market segmentation | Zigbee, Wi-Fi, Bluetooth, Z-Wave |
Key market players worldwide | Cisco Systems Inc, Sierra Wireless, Intel Corp, International Business Machines Corp, Huawei Technologies, Dell Technologies Inc Ordinary Shares - Class C, Advantech, NXP Semiconductors NV, Eurotech Ltd, Bosch, STMicroelectronics NV, Texas Instruments Inc, Particle, Helium, Laird Connectivity |
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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 36.54% in 2023. Horizon Databook has segmented the France 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.
France accounted for the significant market share of 14% in 2022, owing to the innovations in the energy sector There is a growing trend toward using IoT devices for energy conservation and management in residential and commercial buildings. Smart grids, enabled by IoT node and gateway, are being deployed to optimize energy distribution and reduce wastage.
Furthermore, France is focusing on IoT applications in transportation and logistics, with an emphasis on real-time tracking and monitoring of goods in transit. This trend is leading to improved supply chain visibility and efficiency.
Additionally, France is actively embracing IoT technology in the agricultural sector, promoting precision agriculture techniques that enhance crop yield prediction and resource optimization, contributing to sustainable farming practices. This in turn, is expected to drive the market growth over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the France iot node and gateway market , including forecasts for subscribers. This country databook contains high-level insights into France iot node and gateway market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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