Italy Iot Node And Gateway Market Size & Outlook
Italy iot node and gateway market, 2018-2030 (US$B)
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Italy iot node and gateway market highlights
- The Italy iot node and gateway market generated a revenue of USD 10,747.7 billion in 2023 and is expected to reach USD 23,620.6 billion by 2030.
- The Italy market is expected to grow at a CAGR of 11.9% 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 10,747.7 billion |
| Market revenue in 2030 | USD 23,620.6 billion |
| Growth rate | 11.9% (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, Italy accounted for 2.2% 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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Italy 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 36.42% in 2023. Horizon Databook has segmented the Italy 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.
The Internet of Things (IoT) node and gateway market in Italy is expected to grow at a significant CAGR of 11.9% over the forecast period. The market growth in the region is attributed to the developments in the tourism industry.
Another significant trend in Italy is the integration of IoT in healthcare, with IoT node and gateway facilitating remote patient monitoring and improving healthcare access, especially in remote areas.
Additionally, Italy is making strides in the renewable energy sector, utilizing IoT technology to optimize the operation of solar and wind farms. IoT-enabled monitoring and control systems are improving energy efficiency and contributing to the country's transition to sustainable energy sources.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy iot node and gateway market , including forecasts for subscribers. This country databook contains high-level insights into Italy iot node and gateway market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy iot node and gateway market size, by connectivity, 2018-2030 (US$B)
Italy IoT Node And Gateway Market Outlook Share, 2023 & 2030 (US$B)
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