South Africa Iot Node And Gateway Market Size & Outlook
South Africa iot node and gateway market, 2018-2030 (US$B)
Related Markets
South Africa iot node and gateway market highlights
- The South Africa iot node and gateway market generated a revenue of USD 5,724.6 billion in 2023 and is expected to reach USD 18,459.9 billion by 2030.
- The South Africa market is expected to grow at a CAGR of 18.2% 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 5,724.6 billion |
| Market revenue in 2030 | USD 18,459.9 billion |
| Growth rate | 18.2% (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, South Africa accounted for 1.2% 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 Middle East & Africa, South Africa iot node and gateway market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 18,459.9 billion by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
IoT Node And Gateway Market Scope
IoT Node And Gateway Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 36.56% in 2023. Horizon Databook has segmented the South Africa 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 country’s growth is attributed to the agricultural sector, which is a significant contributor to its economy, has increasingly embraced IoT technology for precision farming. IoT node and gateway are being used to monitor soil conditions, weather patterns, and crop health, enabling farmers to make data-driven decisions that improve yields and resource utilization.
Furthermore, the country’s focus on addressing urbanization challenges has led to the implementation of smart city initiatives in major urban centers like Johannesburg and Cape Town. These initiatives include IoT solutions for traffic management, waste collection, and public safety.
Additionally, the government has recognized the potential of IoT for economic growth and job creation, leading to various programs and incentives to support IoT innovation and adoption. These factors, along with South Africa's diverse economy and emerging tech startup ecosystem, have contributed to the significant adoption of IoT node and gateway in the country.
Reasons to subscribe to South Africa iot node and gateway market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Africa iot node and gateway market databook
-
Our clientele includes a mix of iot node and gateway market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa iot node and gateway market , including forecasts for subscribers. This country databook contains high-level insights into South Africa iot node and gateway market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa iot node and gateway market size, by connectivity, 2018-2030 (US$B)
South Africa IoT Node And Gateway Market Outlook Share, 2023 & 2030 (US$B)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
