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IoT Gateway Market to Grow Nearly $48 Billion in Annual Revenue by 2026
ABI Research predicts that the IoT gateway market will grow to nearly $48 billion in annual revenue by 2026.
Gateway devices are used in almost all IoT markets. Factors driving gateway growth over the next five years include the transition from fixed to cellular networks, the replacement of 2G/3G gateways, and rapid growth in the industrial and infrastructure markets.
ABI Research predicts that the IoT gateway market will grow to nearly $48 billion in annual revenue by 2026.
Gateway shipments continue to evolve through communication technologies. As such, the latest forecast from ABI Research reflects the network sunset and gateway replacement due to 5G gateway growth.
“By 2023, as the installed base of 3G gateways is replaced by Cat-1 gateways, 3G gateways will be the smallest share of the market. 5G gateway shipments will be in Accelerates in 2026. “Global cellular gateway shipments will exceed 127 million units by 2026, growing at a CAGR of over 23% from 2021 to 2026. "
Time:2024-11-16
Time:2024-11-16
Time:2024-11-16
Time:2024-11-16
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