UAE Iot Node And Gateway Market Size & Outlook, 2023-2030
UAE iot node and gateway market, 2018-2030 (US$B)
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UAE iot node and gateway market highlights
- The UAE iot node and gateway market generated a revenue of USD 4,222.0 billion in 2023 and is expected to reach USD 12,651.4 billion by 2030.
- The UAE market is expected to grow at a CAGR of 17% 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 4,222.0 billion |
| Market revenue in 2030 | USD 12,651.4 billion |
| Growth rate | 17% (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, UAE accounted for 0.9% 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 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.
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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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UAE 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 UAE 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 UAE region is expected to grow at a CAGR of over 17% over the forecast period. the UAE's ambitious vision for becoming a smart nation and the development of smart cities like Dubai and Abu Dhabi have propelled the widespread deployment of IoT technology.
Government-led initiatives have driven IoT adoption in various sectors, including transportation, healthcare, energy, and public services, enhancing overall efficiency. Additionally, the UAE's strategic geographical location as a global business hub has attracted significant investments and partnerships in IoT technology.
The country's strong commitment to innovation and fostering a conducive business environment has led to collaborations between local and international IoT companies, further fueling the adoption of IoT node and gateway.
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Our clientele includes a mix of iot node and gateway market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the UAE iot node and gateway market , including forecasts for subscribers. This country databook contains high-level insights into UAE iot node and gateway market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE iot node and gateway market size, by connectivity, 2018-2030 (US$B)
UAE IoT Node And Gateway Market Outlook Share, 2023 & 2030 (US$B)
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