U.S. Iot Node And Gateway Market Size & Outlook, 2023-2030
U.S. iot node and gateway market, 2018-2030 (US$B)
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U.S. iot node and gateway market highlights
- The U.S. iot node and gateway market generated a revenue of USD 148,960.2 billion in 2023 and is expected to reach USD 281,192.3 billion by 2030.
- The U.S. market is expected to grow at a CAGR of 9.5% 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 148,960.2 billion |
| Market revenue in 2030 | USD 281,192.3 billion |
| Growth rate | 9.5% (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, U.S. accounted for 31.2% 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 North America, U.S. iot node and gateway market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 57,961.4 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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U.S. 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 36.44% in 2023. Horizon Databook has segmented the U.S. 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 U.S. recorded the highest market share of over 86% in 2022, driven by a dynamic technological landscape and a strong focus on innovation. The primary trends shaping the U.S. Internet of Things (IoT) node and gateway market are the proliferation of IoT devices in healthcare for remote patient monitoring and telehealth services.
The ongoing expansion of smart cities initiatives across the country is another major trend, with cities investing in IoT node and gateway to enhance urban infrastructure, improve traffic management, and increase energy efficiency.
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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 U.S. iot node and gateway market , including forecasts for subscribers. This country databook contains high-level insights into U.S. iot node and gateway market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. iot node and gateway market size, by connectivity, 2018-2030 (US$B)
U.S. IoT Node And Gateway Market Outlook Share, 2023 & 2030 (US$B)
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