Germany Iot Node And Gateway Market Size & Outlook
Germany iot node and gateway market, 2018-2030 (US$B)
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Germany iot node and gateway market highlights
- The Germany iot node and gateway market generated a revenue of USD 23,612.0 billion in 2023 and is expected to reach USD 50,473.4 billion by 2030.
- The Germany market is expected to grow at a CAGR of 11.5% from 2024 to 2030.
- In terms of segment, wi-fi was the largest revenue generating connectivity in 2023.
- Z-Wave is the most lucrative connectivity segment registering the fastest growth during the forecast period.
Iot node and gateway market data book summary
| Market revenue in 2023 | USD 23,612.0 billion |
| Market revenue in 2030 | USD 50,473.4 billion |
| Growth rate | 11.5% (CAGR from 2023 to 2030) |
| Largest segment | Wi-fi |
| Fastest growing segment | Z-Wave |
| 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 |
Other key industry trends
- In terms of revenue, Germany accounted for 4.9% of the global iot node and gateway market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany iot node and gateway market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 21,631.5 billion by 2030.
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IoT Node And Gateway Market Scope
IoT Node And Gateway Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 36.51% in 2023. Horizon Databook has segmented the Germany 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.
Germany recorded for the second highest market share of 18% in 2022, owing to the surge in applications related to industrial automation and Industry 4.0. With a strong manufacturing sector, German industries are rapidly adopting IoT technologies to improve operational efficiency and competitiveness.
Additionally, the key factors driving the market growth include the implementation of IoT node and gateway for predictive maintenance in manufacturing plants, which reduces downtime and lowers maintenance costs.
Moreover, in Germany is the integration of IoT solutions in the healthcare sector, particularly in remote patient monitoring and telemedicine is fueling the market demand. IoT devices are enabling healthcare professionals to monitor patients' health conditions remotely, providing timely interventions and improving the quality of healthcare services.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany iot node and gateway market , including forecasts for subscribers. This country databook contains high-level insights into Germany iot node and gateway market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany iot node and gateway market size, by connectivity, 2018-2030 (US$B)
Germany IoT Node And Gateway Market Outlook Share, 2023 & 2030 (US$B)
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