Table of Content


"1    INTRODUCTION    51
1.1    STUDY OBJECTIVES    51
1.2    DEFINITION AND SCOPE    51
1.2.1    INCLUSIONS AND EXCLUSIONS    52
1.3    STUDY SCOPE    52
1.3.1    MARKETS COVERED    52
FIGURE 1    IOT NODE AND GATEWAY MARKET SEGMENTATION    52
1.3.2    GEOGRAPHIC SCOPE    53
1.3.3    YEARS CONSIDERED    53
1.4    CURRENCY    53
1.5    PACKAGE SIZE    54
1.6    MARKET STAKEHOLDERS    54
1.7    LIMITATIONS    54
1.8    SUMMARY OF CHANGES    55
2    RESEARCH METHODOLOGY    56
2.1    RESEARCH DATA    56
FIGURE 2    RESEARCH DESIGN    56
2.1.1    SECONDARY DATA    57
2.1.1.1    Secondary sources    58
2.1.1.2    List of key secondary sources    58
2.1.2    PRIMARY DATA    59
2.1.2.1    Key data from primary sources    59
2.1.2.2    Primary interviews with experts    60
2.1.2.3    Breakdown of primaries    60
2.1.3    SECONDARY AND PRIMARY RESEARCH    61
2.1.3.1    Key industry insights    61
2.2    MARKET SIZE ESTIMATION    62
FIGURE 3    MARKET SIZE ESTIMATION METHODOLOGY—APPROACH (DEMAND SIZE): BOTTOM-UP APPROACH FOR ESTIMATION OF SIZE OF IOT NODE AND GATEWAY MARKET    62
2.2.1    BOTTOM-UP APPROACH    62
FIGURE 4    MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH    62
2.2.1.1    Estimating market size using bottom-up analysis (demand side)    63
2.2.2    TOP-DOWN APPROACH    63
FIGURE 5    MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH    63
2.2.2.1    Estimating market size using top-down approach (supply side)    64
2.3    DATA TRIANGULATION    64
FIGURE 6    DATA TRIANGULATION    64
2.4    RESEARCH ASSUMPTIONS    65
FIGURE 7    ASSUMPTIONS OF RESEARCH STUDY    65
2.5    RISK ASSESSMENT    66
TABLE 1    LIMITATIONS & ASSOCIATED RISKS    66
3    EXECUTIVE SUMMARY    67
FIGURE 8    IOT NODE AND GATEWAY MARKET: OPTIMISTIC, REALISTIC,
AND PESSIMISTIC SCENARIO ANALYSIS, 2017–2027    68
3.1    IOT NODE AND GATEWAY MARKET: REALISTIC SCENARIO (POST-COVID-19)    68
3.2    IOT NODE AND GATEWAY MARKET: OPTIMISTIC SCENARIO (POST-COVID-19)    68
3.3    IOT NODE AND GATEWAY MARKET: PESSIMISTIC SCENARIO (POST-COVID-19)    69
FIGURE 9    CONNECTIVITY IC SEGMENT TO HOLD LARGEST SIZE OF IOT NODE AND GATEWAY MARKET DURING FORECAST PERIOD    69
FIGURE 10    CONSUMER SEGMENT TO HOLD LARGER SIZE OF IOT NODE AND
GATEWAY MARKET FROM 2021 TO 2027    70
FIGURE 11    NORTH AMERICA HELD LARGEST SHARE OF IOT NODE AND
GATEWAY MARKET IN 2020    71
4    PREMIUM INSIGHTS    72
4.1    KEY OPPORTUNITIES IN IOT NODE AND GATEWAY MARKET    72
FIGURE 12    IOT NODE AND GATEWAY MARKET IN APAC TO REGISTER HIGHEST CAGR FROM 2021 TO 2027    72
4.2    IOT NODE AND GATEWAY MARKET, BY END-USE APPLICATION    73
FIGURE 13    CONSUMER SEGMENT TO HOLD LARGER SHARE OF IOT NODE AND
GATEWAY MARKET DURING FORECAST PERIOD    73
4.3    IOT NODE AND GATEWAY MARKET IN NORTH AMERICA,
BY END-USE APPLICATION AND COUNTRY    73
FIGURE 14    BUILDING AUTOMATION END-USE APPLICATION HELD
LARGEST MARKET SHARE IN 2020    73
4.4    IOT NODE AND GATEWAY MARKET, BY HARDWARE    74
FIGURE 15    LOGIC DEVICE SEGMENT IS EXPECTED TO REGISTER HIGHEST CAGR
DURING FORECAST PERIOD    74
4.5    IOT NODE AND GATEWAY MARKET, BY GEOGRAPHY    74
FIGURE 16    IOT NODE AND GATEWAY MARKET IN CHINA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD    74
5    MARKET OVERVIEW    75
5.1    INTRODUCTION    75
5.2    MARKET DYNAMICS    75
FIGURE 17    IOT NODE AND GATEWAY MARKET: DRIVERS, RESTRAINTS,
OPPORTUNITIES, AND CHALLENGES    76
5.2.1    DRIVERS    77
FIGURE 18    IOT NODE AND GATEWAY MARKET DRIVERS AND THEIR IMPACT    77
5.2.1.1    Emergence of 5G technology    77
FIGURE 19    INTERNET USERS’ DISTRIBUTION TILL MARCH 31, 2021, BY REGION    78
FIGURE 20    INTERNET PENETRATION RATE TILL MARCH 31, 2021, BY REGION    78
5.2.1.2    Growing use of wireless smart sensors and networks    79
5.2.1.3    Increased IP address space and better security solutions made available through IPv6    79
FIGURE 21    CONNECTION OF DIFFERENT NODES TO CLOUD VIA IPV6    79
5.2.1.4    Increasing necessity of data centers due to rising adoption of
cloud platforms    80
5.2.1.5    Growing market for connected devices    80
5.2.2    RESTRAINTS    81
FIGURE 22    IOT NODE AND GATEWAY MARKET RESTRAINTS AND THEIR IMPACT    81
5.2.2.1    Unsettled concerns regarding security and privacy of user data    81
5.2.3    OPPORTUNITIES    82
FIGURE 23    IOT NODE AND GATEWAY MARKET RESTRAINTS AND THEIR IMPACTS    82
5.2.3.1    Cross-domain collaborations    82
FIGURE 24    CROSS-DOMAIN COLLABORATIONS BY USING IOT    82
5.2.3.2    Government support for research and development of
IoT technologies    83
5.2.3.3    Accelerated IoT adoption in healthcare sector post
COVID-19 outbreak    83
FIGURE 25    IMPORTANT SERVICES OFFERED BY IOT IN HEALTHCARE    83
5.2.4    CHALLENGES    84
FIGURE 26    IOT NODE AND GATEWAY MARKET’S CHALLENGES AND THEIR IMPACT    84
5.2.4.1    High market fragmentation due to lack of common protocols and communication standards    85
TABLE 2    KEY PLATFORMS SUPPORTING MULTIPLE COMMUNICATION STANDARDS    85
5.2.4.2    Requirement for wireless spectrum and licensed spectrum for IoT    85
TABLE 3    TYPES OF BANDS USED IN IOT MARKET    86
5.2.4.3    High power consumption by wireless sensor terminals/
connected devices    86
5.2.4.4    Delay in deployment of IoT projects due to lack of IoT-related skills and connectivity issues    86
5.3    VALUE CHAIN ANALYSIS    87
FIGURE 27    VALUE CHAIN: IOT NODE AND GATEWAY MARKET    87
5.4    REGULATORY LANDSCAPE    89
5.4.1    GENERAL DATA PROTECTION REGULATION    89
5.4.2    CALIFORNIA CONSUMER PRIVACY ACT    89
5.4.3    SERVICE ORGANIZATION CONTROL 2    89
5.4.4    HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT    90
5.4.5    COMMUNICATIONS DECENCY ACT    90
5.4.6    ANTI -CYBERSQUATTING CONSUMER PROTECTION ACT    90
5.4.7    CEN/ISO    90
5.4.8    ISO/IEC JTC 1    90
5.4.9    ISO/IEC JTC1/SC 31/SWG 5    90
5.4.10    ISO/IEC JTC1/SC 31    91
5.4.11    ISO/IEC JTC 1/SC 27    91
5.4.12    ISO/IEC JTC1/WG 7 SENSORS    91
5.4.13    EUROPEAN TECHNICAL STANDARDS INSTITUTE    91
5.4.14    5.11.10 IEEE    91
5.5    PORTER’S FIVE FORCES ANALYSIS    92
FIGURE 28    IOT NODE AND GATEWAY MARKET: PORTER’S FIVE FORCES ANALYSIS, 2020    92
TABLE 4    IOT NODE AND GATEWAY MARKET: PORTER’S FIVE FORCES ANALYSIS, 2020    92
5.5.1    INTENSITY OF COMPETITIVE RIVALRY    92
5.5.2    THREAT OF SUBSTITUTES    93
5.5.3    BARGAINING POWER OF BUYERS    93
5.5.4    BARGAINING POWER OF SUPPLIERS    93
5.5.5    THREAT OF NEW ENTRANTS    93
5.6    ECOSYSTEM ANALYSIS    94
FIGURE 29    KEY MARKETS RELATED TO IOT NODE AND GATEWAY ECOSYSTEM    95
5.7    TECHNOLOGY ANALYSIS    95
5.7.1    ARTIFICIAL INTELLIGENCE    95
5.7.2    MACHINE LEARNING    96
5.7.3    DIGITAL TWIN    96
5.7.4    EDGE COMPUTING    96
5.7.5    WI-FI    96
5.7.6    CLOUD COMPUTING    97
5.7.7    BIG DATA ANALYTICS    97
5.8    CASE STUDY ANALYSIS    98
5.8.1    FREEWIRE TECHNOLOGIES USES EUROTECH IOT GATEWAY AND EVERYWARE CLOUD PLATFORM FOR SMART ENERGY CHARGING SYSTEMS    98
5.8.2    CALDAS DA RAINHA: OLD CITY WITH MODERN IOT VISION    99
5.8.3    TOTTENHAM HOTSPUR BUILDS A NEW, WORLD-CLASS STADIUM    99
5.8.4    HUAWEI HELPS RUILI AIRLINES MAKE PASSENGER EXPERIENCE SOAR WITH PRIVATE CLOUD PLATFORM    100
5.9    TRENDS AND DISRUPTIONS IMPACTING BUSINESSES OF CUSTOMERS    101
5.10    PATENT ANALYSIS    101
TABLE 5    PATENTS IN IOT NODE AND GATEWAY MARKET    101
5.11    AVERAGE SELLING PRICE (ASP) TREND    104
FIGURE 30    AVERAGE SELLING PRICE OF IOT SENSORS, 2017–2019    104
5.12    TRADE ANALYSIS    104
5.12.1    TRADE ANALYSIS FOR HVAC    104
TABLE 6    WINDOW/WALL, SELF-CONTAINED, OR SPLIT-SYSTEM AIR-CONDITIONING MACHINE IMPORTS, BY COUNTRY, 2015–2019 (USD MILLION)    105
TABLE 7    WINDOW/WALL, SELF-CONTAINED, OR SPLIT-SYSTEM AIR-CONDITIONING MACHINE EXPORTS, BY COUNTRY, 2015–2019 (USD MILLION)    105
5.12.2    TRADE ANALYSIS FOR VIDEO SURVEILLANCE    106
TABLE 8    TELEVISION CAMERA, DIGITAL CAMERA, AND VIDEO CAMERA RECORDER EXPORTS, BY COUNTRY, 2015–2019 (USD MILLION)    106
TABLE 9    TELEVISION CAMERA, DIGITAL CAMERA, AND VIDEO CAMERA RECORDER IMPORTS, BY COUNTRY, 2015–2019 (USD MILLION)    107
5.12.3    TRADE ANALYSIS FOR FIRE PROTECTION SYSTEMS    107
TABLE 10    FIRE EXTINGUISHER EXPORTS, BY COUNTRY, 2015–2019 (USD MILLION)    108
TABLE 11    FIRE EXTINGUISHER IMPORTS, BY COUNTRY, 2015–2019 (USD MILLION)    108
6    IOT NODE AND GATEWAY MARKET, BY HARDWARE    110
6.1    INTRODUCTION    111
FIGURE 31    IOT NODE AND GATEWAY MARKET, BY HARDWARE    111
TABLE 12    IOT NODE AND GATEWAY MARKET, BY HARDWARE,
2017–2020 (MILLION UNITS)    111
TABLE 13    IOT NODE AND GATEWAY MARKET, BY HARDWARE,
2021–2027 (MILLION UNITS)    112
FIGURE 32    CONNECTIVITY IC SEGMENT TO HOLD LARGEST SIZE OF IOT NODE AND GATEWAY MARKET FROM 2021 TO 2027    112
6.2    PROCESSOR    113
6.2.1    PROCESSORS FACILITATE REAL-TIME DATA MONITORING AND
ANALYTICS IN IOT DEVICES    113
TABLE 14    IOT NODE AND GATEWAY MARKET FOR PROCESSORS, BY TYPE,
2017–2020 (MILLION UNITS)    113
TABLE 15    IOT NODE AND GATEWAY MARKET FOR PROCESSORS, BY TYPE,
2021–2027 (MILLION UNITS)    113
6.2.2    MICROCONTROLLER (MCU)    113
6.2.3    MICROPROCESSOR (MPU)    114
6.2.4    DIGITAL SIGNAL PROCESSOR (DSP)    114
6.2.5    APPLICATION PROCESSOR (AP)    114
TABLE 16    IOT NODE AND GATEWAY MARKET FOR PROCESSORS,
BY END-USE APPLICATION, 2017–2020 (MILLION UNITS)    114
TABLE 17    IOT NODE AND GATEWAY MARKET FOR PROCESSORS,
BY END-USE APPLICATION, 2021–2027 (MILLION UNITS)    115
TABLE 18    IOT NODE AND GATEWAY MARKET FOR PROCESSORS,
BY INDUSTRIAL APPLICATION, 2017–2020 (MILLION UNITS)    115
TABLE 19    IOT NODE AND GATEWAY MARKET FOR PROCESSORS,
BY INDUSTRIAL APPLICATION, 2021–2027 (MILLION UNITS)    116
TABLE 20    IOT NODE AND GATEWAY MARKET FOR PROCESSORS,
BY CONSUMER APPLICATION, 2017–2020 (MILLION UNITS)    116
TABLE 21    IOT NODE AND GATEWAY MARKET FOR PROCESSOR,
BY CONSUMER APPLICATION, 2021–2027 (MILLION UNITS)    116
6.3    SENSOR    117
6.3.1    SENSORS CAN MEASURE VARIOUS PARAMETERS IN IOT DEVICES    117
TABLE 22    IOT NODE AND GATEWAY MARKET FOR SENSORS, BY TYPE,
2017–2020 (MILLION UNITS)    117
TABLE 23    IOT NODE AND GATEWAY MARKET FOR SENSORS, BY TYPE,
2021–2027 (MILLION UNITS)    118
6.3.2    ACCELEROMETER    119
6.3.3    INERTIAL MEASUREMENT UNIT (IMU)    119
6.3.4    HEART RATE SENSOR    119
6.3.5    PRESSURE SENSOR    119
6.3.6    TEMPERATURE SENSOR    120
6.3.7    BLOOD GLUCOSE SENSOR    120
6.3.8    BLOOD OXYGEN SENSOR    120
6.3.9    ELECTROCARDIOGRAM (ECG) SENSOR    121
6.3.10    HUMIDITY SENSOR    121
6.3.11    IMAGE SENSOR    121
6.3.12    AMBIENT LIGHT SENSOR    121
6.3.13    FLOW SENSOR    122
6.3.14    LEVEL SENSOR    122
6.3.15    CHEMICAL SENSOR    122
6.3.16    CARBON MONOXIDE SENSOR    122
6.3.17    MOTION AND POSITION SENSOR    122
6.3.18    CAMERA MODULE    122
TABLE 24    IOT NODE AND GATEWAY MARKET FOR SENSORS, BY END-USE APPLICATION, 2017–2020 (MILLION UNITS)    123
TABLE 25    IOT NODE AND GATEWAY MARKET FOR SENSORS, BY END-USE APPLICATION, 2021–2027 (MILLION UNITS)    123
TABLE 26    IOT NODE AND GATEWAY MARKET FOR SENSORS,
BY INDUSTRIAL APPLICATION, 2017–2020 (MILLION UNITS)    123
TABLE 27    IOT NODE AND GATEWAY MARKET FOR SENSORS,
BY INDUSTRIAL APPLICATION, 2021–2027 (MILLION UNITS)    124
TABLE 28    IOT NODE AND GATEWAY MARKET FOR SENSORS,
BY CONSUMER APPLICATION, 2017–2020 (MILLION UNITS)    124
TABLE 29    IOT NODE AND GATEWAY MARKET FOR SENSORS,
BY CONSUMER APPLICATION, 2021–2027 (MILLION UNITS)    124
6.4    CONNECTIVITY IC    124
TABLE 30    IOT NODE AND GATEWAY MARKET FOR CONNECTIVITY INTEGRATED CIRCUITS, BY CONNECTIVITY TECHNOLOGY, 2017–2020 (MILLION UNITS)    125
TABLE 31    IOT NODE AND GATEWAY MARKET FOR CONNECTIVITY INTEGRATED CIRCUITS, BY CONNECTIVITY TECHNOLOGY, 2021–2027 (MILLION UNITS)    125
6.4.1    WIRED    125
6.4.1.1    Ethernet/IP wired connectivity technology is driving market    125
6.4.1.2    Ethernet/IP    125
6.4.1.3    Modbus    125
6.4.1.4    Process Field Net (PROFINET)    126
6.4.1.5    Foundation Fieldbus (FF)    126
TABLE 32    IOT NODE AND GATEWAY MARKET FOR CONNECTIVITY INTEGRATED CIRCUITS, BY WIRED CONNECTIVITY TECHNOLOGY, 2017–2020 (MILLION UNITS)    126
TABLE 33    IOT NODE AND GATEWAY MARKET FOR CONNECTIVITY INTEGRATED CIRCUITS, BY WIRED CONNECTIVITY TECHNOLOGY, 2021–2027 (MILLION UNITS)    126
6.4.2    WIRELESS    127
6.4.2.1    Wi-Fi and Bluetooth are prominent wireless connectivity technologies    127
6.4.2.2    ANT+    127
6.4.2.3    Bluetooth    127
6.4.2.4    Bluetooth smart/Bluetooth low energy (BLE)    127
6.4.2.5    ZigBee    127
6.4.2.6    Wireless fidelity (Wi-Fi)    128
FIGURE 33    SNAPSHOT OF KEY WI-FI-ENABLED IOT DEVICES    128
6.4.2.7    Near-field communication (NFC)    128
6.4.2.8    Cellular network    128
6.4.2.9    Wireless highway addressable remote transducer (WHART)    129
6.4.2.10    Global positioning system (GPS)/global navigation satellite system (GNSS) module    129
6.4.2.11    ISA100    129
6.4.2.12    Bluetooth/WLAN    129
TABLE 34    IOT NODE AND GATEWAY MARKET FOR CONNECTIVITY INTEGRATED CIRCUITS, BY WIRELESS CONNECTIVITY TECHNOLOGY, 2017–2020 (MILLION UNITS)    130
TABLE 35    IOT NODE AND GATEWAY MARKET FOR CONNECTIVITY INTEGRATED CIRCUITS, BY WIRELESS CONNECTIVITY TECHNOLOGY, 2021–2027 (MILLION UNITS)    130
TABLE 36    IOT NODE AND GATEWAY MARKET FOR CONNECTIVITY INTEGRATED CIRCUITS, BY END-USE APPLICATION, 2017–2020 (MILLION UNITS)    131
TABLE 37    IOT NODE AND GATEWAY MARKET FOR CONNECTIVITY INTEGRATED CIRCUITS, BY END-USE APPLICATION, 2021–2027 (MILLION UNITS)    131
TABLE 38    IOT NODE AND GATEWAY MARKET FOR CONNECTIVITY INTEGRATED CIRCUITS, BY INDUSTRIAL APPLICATION, 2017–2020 (MILLION UNITS)    131
TABLE 39    IOT NODE AND GATEWAY MARKET FOR CONNECTIVITY INTEGRATED CIRCUITS, BY INDUSTRIAL APPLICATION, 2021–2027 (MILLION UNITS)    132
TABLE 40    IOT NODE AND GATEWAY MARKET FOR CONNECTIVITY INTEGRATED CIRCUITS, BY CONSUMER APPLICATION, 2017–2020 (MILLION UNITS)    132
TABLE 41    IOT NODE AND GATEWAY MARKET FOR CONNECTIVITY INTEGRATED CIRCUITS, BY CONSUMER APPLICATION, 2021–2027 (MILLION UNITS)    132
6.5    MEMORY DEVICE    133
6.5.1    ON-CHIP MEMORY    133
6.5.1.1    On-chip memory offers high-speed performance with reduced
power consumption    133
TABLE 42    IOT NODE AND GATEWAY MARKET FOR MEMORY DEVICES, BY TYPE,
2017–2020 (MILLION UNITS)    133
TABLE 43    IOT NODE AND GATEWAY MARKET FOR MEMORY DEVICES, BY TYPE,
2021–2027 (MILLION UNITS)    133
6.5.2    OFF-CHIP MEMORY/EXTERNAL MEMORY    134
6.5.2.1    Off-chip memory devices are mostly used in servers, PCs,
and mobile devices    134
FIGURE 34    SNAPSHOT OF FLOW OF DATA FROM EDGE DEVICES/NODES TO STORAGE CENTERS VIA GATEWAYS    134
TABLE 44    IOT NODE AND GATEWAY MARKET FOR MEMORY DEVICES,
BY END-USE APPLICATION, 2017–2020 (MILLION UNITS)    134
TABLE 45    IOT NODE AND GATEWAY MARKET FOR MEMORY DEVICES,
BY END-USE APPLICATION, 2021–2027 (MILLION UNITS)    135
TABLE 46    IOT NODE AND GATEWAY MARKET FOR MEMORY DEVICES,
BY INDUSTRIAL APPLICATION, 2017–2020 (MILLION UNITS)    135
TABLE 47    IOT NODE AND GATEWAY MARKET FOR MEMORY DEVICES,
BY INDUSTRIAL APPLICATION, 2021–2027 (MILLION UNITS)    135
TABLE 48    IOT NODE AND GATEWAY MARKET FOR MEMORY DEVICES,
BY CONSUMER APPLICATION, 2017–2020 (MILLION UNITS)    136
TABLE 49    IOT NODE AND GATEWAY MARKET FOR MEMORY DEVICES,
BY CONSUMER APPLICATION, 2021–2027 (MILLION UNITS)    136
6.6    LOGIC DEVICE    136
6.6.1    LOGIC DEVICE OFFERS ADVANTAGES LIKE RAPID PROTOTYPING,
SHORTER TIME TO MARKET, AND LONG PRODUCT CYCLE    136
6.6.2    FIELD-PROGRAMMABLE GATE ARRAY (FPGA)    136
TABLE 50    IOT NODE AND GATEWAY MARKET FOR LOGIC DEVICES, BY TYPE,
2017–2020 (MILLION UNITS)    136
TABLE 51    IOT NODE AND GATEWAY MARKET FOR LOGIC DEVICES, BY TYPE,
2021–2027 (MILLION UNITS)    137
TABLE 52    IOT NODE AND GATEWAY MARKET FOR LOGIC DEVICES,
BY END-USE APPLICATION, 2017–2020 (MILLION UNITS)    137
TABLE 53    IOT NODE AND GATEWAY MARKET FOR LOGIC DEVICES,
BY END-USE APPLICATION, 2021–2027 (MILLION UNITS)    137
7    IOT NODE AND GATEWAY MARKET, BY END-USE APPLICATION    138
7.1    INTRODUCTION    139
FIGURE 35    IOT NODE AND GATEWAY MARKET, BY END-USE APPLICATION    139
TABLE 54    IOT NODE AND GATEWAY MARKET, BY END-USE APPLICATION,
2017–2020 (USD MILLION)    139
TABLE 55    IOT NODE AND GATEWAY MARKET, BY END-USE APPLICATION,
2021–2027 (USD MILLION)    140
FIGURE 36    CONSUMER SEGMENT TO HOLD LARGER SIZE OF IOT NODE
AND GATEWAY MARKET FROM 2021 TO 2027    140
TABLE 56    IOT NODE AND GATEWAY MARKET FOR INDUSTRIAL AND CONSUMER,
BY SUB APPLICATION, 2017–2020 (USD MILLION)    141
TABLE 57    IOT NODE AND GATEWAY MARKET FOR INDUSTRIAL AND CONSUMER,
BY SUB APPLICATION, 2021–2027 (USD MILLION)    141
FIGURE 37    CONSUMER ELECTRONICS SEGMENT IS EXPECTED TO HOLD LARGEST SIZE OF IOT NODE AND GATEWAY MARKET FROM 2021 TO 2027    142
TABLE 58    IOT NODE AND GATEWAY MARKET FOR INDUSTRIAL AND CONSUMER,
BY SUB APPLICATION, 2017–2020 (MILLION UNITS)    142
TABLE 59    IOT NODE AND GATEWAY MARKET FOR INDUSTRIAL AND CONSUMER,
BY SUB APPLICATION, 2021–2027 (MILLION UNITS)    143
TABLE 60    IOT NODE AND GATEWAY MARKET, BY END-USE APPLICATION,
2017–2020 (THOUSAND UNITS)    144
TABLE 61    IOT NODE AND GATEWAY MARKET, BY END-USE APPLICATION,
2021–2027 (THOUSAND UNITS)    144
7.2    INDUSTRIAL    145
7.2.1    HEALTHCARE    145
7.2.1.1    Digitalization of healthcare industry is boosting adoption
of IoT technologies    145
TABLE 62    IOT NODE AND GATEWAY MARKET FOR HEALTHCARE, BY DEVICE TYPE,
2017–2020 (USD MILLION)    145
TABLE 63    IOT NODE AND GATEWAY MARKET FOR HEALTHCARE, BY DEVICE TYPE,
2021–2027 (USD MILLION)    146
TABLE 64    IOT NODE MARKET FOR HEALTHCARE, BY DEVICE TYPE,
2017–2020 (THOUSAND UNITS)    147
TABLE 65    IOT NODE AND GATEWAY MARKET FOR HEALTHCARE, BY DEVICE TYPE,
2017–2020 (THOUSAND UNITS)    147
TABLE 66    IOT NODE MARKET FOR HEALTHCARE, BY DEVICE TYPE,
2021–2027 (THOUSAND UNITS)    148
TABLE 67    IOT NODE AND GATEWAY MARKET FOR HEALTHCARE, BY DEVICE TYPE,
2021–2027 (THOUSAND UNITS)    148
TABLE 68    IOT NODE AND GATEWAY MARKET FOR HEALTHCARE, BY HARDWARE,
2017–2020 (MILLION UNITS)    149
TABLE 69    IOT NODE AND GATEWAY MARKET FOR HEALTHCARE, BY HARDWARE,
2021–2027 (MILLION UNITS)    149
TABLE 70    IOT NODE AND GATEWAY MARKET FOR HEALTHCARE, BY PROCESSOR TYPE, 2017–2020 (MILLION UNITS)    149
TABLE 71    IOT NODE AND GATEWAY MARKET FOR HEALTHCARE, BY PROCESSOR TYPE, 2021–2027 (MILLION UNITS)    150
TABLE 72    IOT NODE AND GATEWAY MARKET FOR HEALTHCARE IN NORTH AMERICA,
BY COUNTRY, 2017–2020 (USD MILLION)    150
TABLE 73    IOT NODE AND GATEWAY MARKET FOR HEALTHCARE IN NORTH AMERICA,
BY COUNTRY, 2021–2027 (USD MILLION)    150
TABLE 74    IOT NODE AND GATEWAY MARKET FOR HEALTHCARE IN LATIN AMERICA,
BY COUNTRY, 2017–2020 (USD MILLION)    151
TABLE 75    IOT NODE AND GATEWAY MARKET FOR HEALTHCARE IN LATIN AMERICA,
BY COUNTRY, 2021–2027 (USD MILLION)    151
TABLE 76    IOT NODE AND GATEWAY MARKET FOR HEALTHCARE IN EUROPE,
BY COUNTRY, 2017–2020 (USD MILLION)    151
TABLE 77    IOT NODE AND GATEWAY MARKET FOR HEALTHCARE IN EUROPE,
BY COUNTRY, 2021–2027 (USD MILLION)    152
TABLE 78    IOT NODE AND GATEWAY MARKET FOR HEALTHCARE IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)    152
TABLE 79    IOT NODE AND GATEWAY MARKET FOR HEALTHCARE IN APAC, BY COUNTRY, 2021–2027 (USD MILLION)    152
TABLE 80    IOT NODE AND GATEWAY MARKET FOR HEALTHCARE IN ROW, BY REGION, 2017–2020 (USD MILLION)    153
TABLE 81    IOT NODE AND GATEWAY MARKET FOR HEALTHCARE IN ROW, BY REGION, 2021–2027 (USD MILLION)    153
7.2.1.2    Healthcare application: Products covered    153
7.2.1.2.1    Fitness and heart rate monitors    153
7.2.1.2.2    Blood pressure monitors    153
7.2.1.2.3    Blood glucose meters    154
7.2.1.2.4    Continuous glucose monitors    154
7.2.1.2.5    Pulse oximeters    154
7.2.1.2.6    Automated external defibrillators    154
7.2.1.2.7    Programmable syringe pumps    155
7.2.1.2.8    Wearable injectors    155
7.2.1.2.9    Multiparameter monitors    155
7.2.1.2.10    Fall detectors    155
7.2.1.2.11    Smart pill dispensers    155
7.2.1.2.12    Gateways    156
7.2.2    AUTOMOTIVE & TRANSPORTATION    156
7.2.2.1    Autonomous cars and intelligent transportation trends are fueling growth of market    156
TABLE 82    IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION,
BY DEVICE TYPE, 2017–2020 (USD MILLION)    156
TABLE 83    IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION,
BY DEVICE TYPE, 2021–2027 (USD MILLION)    157
TABLE 84    IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION,
BY DEVICE TYPE, 2017–2020 (MILLION UNITS)    157
TABLE 85    IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION,
BY DEVICE TYPE, 2021–2027 (MILLION UNITS)    158
TABLE 86    IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION,
BY HARDWARE, 2017–2020 (MILLION UNITS)    158
TABLE 87    IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION,
BY HARDWARE, 2021–2027 (MILLION UNITS)    158
TABLE 88    IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)    159
TABLE 89    IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION IN NORTH AMERICA, BY COUNTRY, 2021–2027 (USD MILLION)    159
TABLE 90    IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION IN LATIN AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)    159
TABLE 91    IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION IN LATIN AMERICA, BY COUNTRY, 2021–2027 (USD MILLION)    160
TABLE 92    IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)    160
TABLE 93    IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION IN EUROPE, BY COUNTRY, 2021–2027 (USD MILLION)    160
TABLE 94    IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)    161
TABLE 95    IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION IN APAC, BY COUNTRY, 2021–2027 (USD MILLION)    161
TABLE 96    IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION IN ROW, BY REGION, 2017–2020 (USD MILLION)    161
TABLE 97    IOT NODE AND GATEWAY MARKET FOR AUTOMOTIVE & TRANSPORTATION IN ROW, BY REGION, 2021–2027 (USD MILLION)    162
7.2.2.2    Automotive & transportation application: Products covered    162
7.2.2.2.1    Connected cars    162
7.2.2.2.1.1    Level 1 – driver assistance    162
7.2.2.2.1.1.1    Adaptive cruise control (ACC)    162
7.2.2.2.1.1.2    Lane departure warning system (LDWS)    163
7.2.2.2.1.1.3    Parking assist (PA) system    163
7.2.2.2.1.2    Level 2 – partial automation    163
7.2.2.2.1.2.1    Lane keeps assist (LKA) and ACC (improved)    163
7.2.2.2.1.2.2    Parking assist (PA) (improved)    163
7.2.2.2.1.3    Level 3 – conditional automation    163
7.2.2.2.1.3.1    Traffic jam chauffeur    163
7.2.2.2.1.3.2    Highway driving    164
7.2.2.2.1.4    Level 4 – high automation    164
7.2.2.2.1.4.1    Sensor fusion    164
7.2.2.2.1.4.2    Automatic pilot highway    164
7.2.2.2.2    Ultrasonic sensors    164
7.2.2.2.3    Cameras/image sensors    164
7.2.2.2.4    Radar    164
7.2.2.2.5    Lidar    165
7.2.2.2.6    Infrared (IR) detector    165
7.2.2.3    In-car infotainment    165
7.2.2.4    Traffic management    165
7.2.2.4.1    Vehicle detection sensor    165
7.2.2.4.2    Pedestrian presence sensor    165
7.2.2.4.3    Speed sensor    165
7.2.2.4.4    Thermal camera    166
7.2.2.4.5    Automated incident detection (AID) camera    166
7.2.2.5    Public transport/mass transit    166
7.2.2.6    E-tolls/E-highways    166
7.2.2.7    Gateways    166
7.2.3    BUILDING AUTOMATION    166
7.2.3.1    Need for energy efficiency and enhanced security is boosting adoption of IoT in building automation    166
TABLE 98    IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION,
BY DEVICE TYPE, 2017–2020 (USD MILLION)    167
TABLE 99    IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION,
BY DEVICE TYPE, 2021–2027 (USD MILLION)    167
TABLE 100    IOT NODE MARKET FOR BUILDING AUTOMATION, BY DEVICE TYPE,
2017–2020 (MILLION UNITS)    168
TABLE 101    IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION,
BY DEVICE TYPE, 2017–2020 (MILLION UNITS)    168
TABLE 102    IOT NODE MARKET FOR BUILDING AUTOMATION, BY DEVICE TYPE,
2021–2027 (MILLION UNITS)    169
TABLE 103    IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION,
BY DEVICE TYPE, 2021–2027 (MILLION UNITS)    169
TABLE 104    IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION,
BY HARDWARE, 2017–2020 (MILLION UNITS)    169
TABLE 105    IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION,
BY HARDWARE, 2021–2027 (MILLION UNITS)    170
TABLE 106    IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION,
BY PROCESSOR TYPE, 2017–2020 (MILLION UNITS)    170
TABLE 107    IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION,
BY PROCESSOR TYPE, 2021–2027 (MILLION UNITS)    170
TABLE 108    IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION IN
NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)    171
TABLE 109    IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION IN
NORTH AMERICA, BY COUNTRY, 2021–2027 (USD MILLION)    171
TABLE 110    IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION IN
LATIN AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)    171
TABLE 111    IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION IN
LATIN AMERICA, BY COUNTRY, 2021–2027 (USD MILLION)    172
TABLE 112    IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)    172
TABLE 113    IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION IN EUROPE, BY COUNTRY, 2021–2027 (USD MILLION)    172
TABLE 114    IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION IN APAC,
BY COUNTRY, 2017–2020 (USD MILLION)    173
TABLE 115    IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION IN APAC,
BY COUNTRY, 2021–2027 (USD MILLION)    173
TABLE 116    IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION IN ROW,
BY REGION, 2017–2020 (USD MILLION)    173
TABLE 117    IOT NODE AND GATEWAY MARKET FOR BUILDING AUTOMATION IN ROW,
BY REGION, 2021–2027 (USD MILLION)    174
7.2.3.2    Building automation application: Products covered    174
7.2.3.2.1    Occupancy sensors    174
7.2.3.2.2    Daylight sensors    174
7.2.3.2.3    Smart thermostats    175
7.2.3.2.4    IP cameras    175
7.2.3.2.5    Smart meters    175
7.2.3.2.6    Smart locks    175
7.2.3.2.7    Smoke detectors    175
7.2.3.2.8    Gateways    175
7.2.4    MANUFACTURING    176
7.2.4.1    Adoption of industry 4.0 principles has fueled IoT
adoption in manufacturing    176
TABLE 118    IOT NODE AND GATEWAY MARKET FOR MANUFACTURING, BY DEVICE TYPE, 2017–2020 (USD MILLION)    177
TABLE 119    IOT NODE AND GATEWAY MARKET FOR MANUFACTURING, BY DEVICE TYPE, 2021–2027 (USD MILLION)    177
TABLE 120    IOT NODE MARKET FOR MANUFACTURING, BY DEVICE TYPE,
2017–2020 (MILLION UNITS)    178
TABLE 121    IOT NODE AND GATEWAY MARKET FOR MANUFACTURING, BY DEVICE TYPE, 2017–2020 (MILLION UNITS)    178
TABLE 122    IOT NODE MARKET FOR MANUFACTURING, BY DEVICE TYPE,
2021–2027 (MILLION UNITS)    179
TABLE 123    IOT NODE AND GATEWAY MARKET FOR MANUFACTURING, BY DEVICE TYPE, 2021–2027 (MILLION UNITS)    179
TABLE 124    IOT NODE AND GATEWAY MARKET FOR MANUFACTURING, BY HARDWARE, 2017–2020 (MILLION UNITS)    180
TABLE 125    IOT NODE AND GATEWAY MARKET FOR MANUFACTURING, BY HARDWARE, 2021–2027 (MILLION UNITS)    180
TABLE 126    IOT NODE AND GATEWAY MARKET FOR MANUFACTURING,
BY CONNECTIVITY TECHNOLOGY, 2017–2020 (MILLION UNITS)    180
TABLE 127    IOT NODE AND GATEWAY MARKET FOR MANUFACTURING,
BY CONNECTIVITY TECHNOLOGY, 2021–2027 (MILLION UNITS)    181
TABLE 128    IOT NODE AND GATEWAY MARKET FOR MANUFACTURING,
BY WIRED CONNECTIVITY TECHNOLOGY, 2017–2020 (MILLION UNITS)    181
TABLE 129    IOT NODE AND GATEWAY MARKET FOR MANUFACTURING,
BY WIRED CONNECTIVITY TECHNOLOGY, 2021–2027 (MILLION UNITS)    181
TABLE 130    IOT NODE AND GATEWAY MARKET FOR MANUFACTURING,
BY WIRELESS CONNECTIVITY TECHNOLOGY, 2017–2020 (MILLION UNITS)    182
TABLE 131    IOT NODE AND GATEWAY MARKET FOR MANUFACTURING,
BY WIRELESS CONNECTIVITY TECHNOLOGY, 2021–2027 (MILLION UNITS)    182
TABLE 132    IOT NODE AND GATEWAY MARKET FOR MANUFACTURING, BY DEVICE TYPE, 2017–2020 (THOUSAND UNITS)    183
TABLE 133    IOT NODE AND GATEWAY MARKET FOR MANUFACTURING, BY DEVICE TYPE, 2021–2027 (THOUSAND UNITS)    183
TABLE 134    IOT NODE AND GATEWAY MARKET FOR MANUFACTURING IN
NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)    184
TABLE 135    IOT NODE AND GATEWAY MARKET FOR MANUFACTURING IN
NORTH AMERICA, BY COUNTRY, 2021–2027 (USD MILLION)    184
TABLE 136    IOT NODE AND GATEWAY MARKET FOR MANUFACTURING IN LATIN AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)    184
TABLE 137    IOT NODE AND GATEWAY MARKET FOR MANUFACTURING IN LATIN AMERICA, BY COUNTRY, 2021–2027 (USD MILLION)    185
TABLE 138    IOT NODE AND GATEWAY MARKET FOR MANUFACTURING IN EUROPE,
BY COUNTRY, 2017–2020 (USD MILLION)    185
TABLE 139    IOT NODE AND GATEWAY MARKET FOR MANUFACTURING IN EUROPE,
BY COUNTRY, 2021–2027 (USD MILLION)    185
TABLE 140    IOT NODE AND GATEWAY MARKET FOR MANUFACTURING IN APAC,
BY COUNTRY, 2017–2020 (USD MILLION)    186
TABLE 141    IOT NODE AND GATEWAY MARKET FOR MANUFACTURING IN APAC,
BY COUNTRY, 2021–2027 (USD MILLION)    186
TABLE 142    IOT NODE AND GATEWAY MARKET FOR MANUFACTURING IN ROW,
BY REGION, 2017–2020 (USD MILLION)    186
TABLE 143    IOT NODE AND GATEWAY MARKET FOR MANUFACTURING IN ROW,
BY REGION, 2021–2027 (USD MILLION)    187
7.2.4.2    Manufacturing application: Products covered    187
7.2.4.2.1    Temperature sensors    187
7.2.4.2.2    Pressure sensors    187
7.2.4.2.3    Level sensors    187
7.2.4.2.4    Flow sensors    187
7.2.4.2.5    Chemical sensors    188
7.2.4.2.6    Humidity sensors    188
7.2.4.2.7    Motion and position sensors    188
7.2.4.2.8    Image sensors    188
7.2.4.2.9    Gateways    188
7.2.5    RETAIL    189
7.2.5.1    Growing popularity of digital signage and intelligent vending machines in retail is driving market growth    189
7.2.5.2    Retail application: Products covered    189
7.2.5.2.1    Intelligent vending machines    189
FIGURE 38    INTELLIGENT VENDING USING IOT GATEWAY    190
7.2.5.2.2    Contactless checkout/Point of Sale    190
7.2.5.2.3    Smart mirror    190
7.2.5.2.4    Smart shopping cart    190
7.2.5.2.5    Digital signage    190
7.2.5.2.6    Smart tags    191
7.2.5.2.7    Wireless beacon    191
7.2.5.2.8    Gateways    191
TABLE 144    IOT NODE AND GATEWAY MARKET FOR RETAIL, BY DEVICE TYPE,
2017–2020 (USD THOUSAND)    191
TABLE 145    IOT NODE AND GATEWAY MARKET FOR RETAIL, BY DEVICE TYPE,
2021–2027 (USD THOUSAND)    192
TABLE 146    IOT NODE MARKET FOR RETAIL, BY DEVICE TYPE,
2017–2020 (THOUSAND UNITS)    192
TABLE 147    IOT NODE AND GATEWAY MARKET FOR RETAIL, BY DEVICE TYPE,
2017–2020 (THOUSAND UNITS)    193
TABLE 148    IOT NODE MARKET FOR RETAIL, BY DEVICE TYPE,
2021–2027 (THOUSAND UNITS)    193
TABLE 149    IOT NODE AND GATEWAY MARKET FOR RETAIL, BY DEVICE TYPE,
2021–2027 (THOUSAND UNITS)    194
TABLE 150    IOT NODE AND GATEWAY MARKET FOR RETAIL, BY HARDWARE,
2017–2020 (MILLION UNITS)    194
TABLE 151    IOT NODE AND GATEWAY MARKET FOR RETAIL, BY HARDWARE,
2021–2027 (MILLION UNITS)    194
TABLE 152    IOT NODE AND GATEWAY MARKET FOR RETAIL IN NORTH AMERICA,
BY COUNTRY, 2017–2020 (USD MILLION)    195
TABLE 153    IOT NODE AND GATEWAY MARKET FOR RETAIL IN NORTH AMERICA,
BY COUNTRY, 2021–2027 (USD MILLION)    195
TABLE 154    IOT NODE AND GATEWAY MARKET FOR RETAIL IN LATIN AMERICA,
BY COUNTRY, 2017–2020 (USD MILLION)    195
TABLE 155    IOT NODE AND GATEWAY MARKET FOR RETAIL IN LATIN AMERICA,
BY COUNTRY, 2021–2027 (USD MILLION)    196
TABLE 156    IOT NODE AND GATEWAY MARKET FOR RETAIL IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)    196
TABLE 157    IOT NODE AND GATEWAY MARKET FOR RETAIL IN EUROPE, BY COUNTRY, 2021–2027 (USD MILLION)    196
TABLE 158    IOT NODE AND GATEWAY MARKET FOR RETAIL IN APAC, BY COUNTRY,
2017–2020 (USD MILLION)    197
TABLE 159    IOT NODE AND GATEWAY MARKET FOR RETAIL IN APAC, BY COUNTRY,
2021–2027 (USD MILLION)    197
TABLE 160    IOT NODE AND GATEWAY MARKET FOR RETAIL IN ROW, BY REGION,
2017–2020 (USD MILLION)    197
TABLE 161    IOT NODE AND GATEWAY MARKET FOR RETAIL IN ROW, BY REGION,
2021–2027 (USD MILLION)    198

7.2.6    BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI)    198
7.2.6.1    Adoption of mPOS and kiosks is driving growth of market    198
FIGURE 39    KEY APPLICATION AREAS OF IOT IN BFSI END-USE APPLICATION    198
7.2.6.2    BFSI application: Products covered    199
7.2.6.2.1    Mobile point of sale (mPOS)    199
7.2.6.2.2    Smart kiosk/Interactive kiosk    199
7.2.6.2.3    Gateways    199
TABLE 162    IOT NODE AND GATEWAY MARKET FOR BFSI, BY TYPE,
2017–2020 (USD MILLION)    199
TABLE 163    IOT NODE AND GATEWAY MARKET FOR BFSI, BY TYPE,
2021–2027 (USD MILLION)    199
TABLE 164    IOT NODE MARKET FOR BFSI, BY TYPE, 2017–2020 (MILLION UNITS)    200
TABLE 165    IOT NODE AND GATEWAY MARKET FOR BFSI, BY TYPE,
2017–2020 (MILLION UNITS)    200
TABLE 166    IOT NODE MARKET FOR BFSI, BY TYPE, 2021–2027 (MILLION UNITS)    200
TABLE 167    IOT NODE AND GATEWAY MARKET FOR BFSI, BY TYPE,
2021–2027 (MILLION UNITS)    201
TABLE 168    IOT NODE AND GATEWAY MARKET FOR BFSI, BY HARDWARE,
2017–2020 (THOUSAND UNITS)    201
TABLE 169    IOT NODE AND GATEWAY MARKET FOR BFSI, BY HARDWARE,
2021–2027 (THOUSAND UNITS)    201
TABLE 170    IOT NODE AND GATEWAY MARKET FOR BFSI IN NORTH AMERICA,
BY COUNTRY, 2017–2020 (USD MILLION)    202
TABLE 171    IOT NODE AND GATEWAY MARKET FOR BFSI IN NORTH AMERICA,
BY COUNTRY, 2021–2027 (USD MILLION)    202
TABLE 172    IOT NODE AND GATEWAY MARKET FOR BFSI IN LATIN AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)    202
TABLE 173    IOT NODE AND GATEWAY MARKET FOR BFSI IN LATIN AMERICA, BY COUNTRY, 2021–2027 (USD MILLION)    203
TABLE 174    IOT NODE AND GATEWAY MARKET FOR BFSI IN EUROPE, BY COUNTRY,
2017–2020 (USD MILLION)    203
TABLE 175    IOT NODE AND GATEWAY MARKET FOR BFSI IN EUROPE, BY COUNTRY,
2021–2027 (USD MILLION)    203
TABLE 176    IOT NODE AND GATEWAY MARKET FOR BFSI IN APAC, BY COUNTRY,
2017–2020 (USD MILLION)    204
TABLE 177    IOT NODE AND GATEWAY MARKET FOR BFSI IN APAC, BY COUNTRY,
2021–2027 (USD MILLION)    204
TABLE 178    IOT NODE AND GATEWAY MARKET FOR BFSI IN ROW, BY REGION,
2017–2020 (USD MILLION)    204
TABLE 179    IOT NODE AND GATEWAY MARKET FOR BFSI IN ROW, BY REGION,
2021–2027 (USD MILLION)    205"
"7.2.7    OIL & GAS    205
7.2.7.1    Need for remote monitoring in operations of oil & gas industry is propelling market growth    205
7.2.7.2    Oil & gas application: products covered    205
7.2.7.2.1    Temperature sensors    205
7.2.7.2.2    Pressure sensors    205
7.2.7.2.3    Level sensors    206
7.2.7.2.4    Flow sensors    206
7.2.7.2.5    Image sensors    206
7.2.7.2.6    Other sensors (humidity sensors, motion & position sensors, and chemical & gas sensors)    206
7.2.7.2.7    Gateways    206
TABLE 180    IOT NODE AND GATEWAY MARKET FOR OIL & GAS, BY SENSOR TYPE,
2017–2020 (USD THOUSAND)    207
TABLE 181    IOT NODE AND GATEWAY MARKET FOR OIL & GAS, BY SENSOR TYPE,
2021–2027 (USD THOUSAND)    207
TABLE 182    IOT NODE MARKET FOR OIL & GAS, BY SENSOR TYPE,
2017–2020 (THOUSAND UNITS)    208
TABLE 183    IOT NODE AND GATEWAY MARKET FOR OIL & GAS, BY SENSOR TYPE,
2017–2020 (THOUSAND UNITS)    208
TABLE 184    IOT NODE MARKET FOR OIL & GAS, BY SENSOR TYPE,
2021–2027 (THOUSAND UNITS)    209
TABLE 185    IOT NODE AND GATEWAY MARKET FOR OIL & GAS, BY SENSOR TYPE,
2021–2027 (THOUSAND UNITS)    209
TABLE 186    IOT NODE AND GATEWAY MARKET FOR OIL & GAS, BY HARDWARE,
2017–2020 (MILLION UNITS)    210
TABLE 187    IOT NODE AND GATEWAY MARKET FOR OIL & GAS, BY HARDWARE,
2021–2027 (MILLION UNITS)    210
TABLE 188    IOT NODE AND GATEWAY MARKET FOR OIL & GAS,
BY CONNECTIVITY TECHNOLOGY, 2017–2020 (MILLION UNITS)    210
TABLE 189    IOT NODE AND GATEWAY MARKET FOR OIL & GAS,
BY CONNECTIVITY TECHNOLOGY, 2021–2027 (MILLION UNITS)    211
TABLE 190    IOT NODE AND GATEWAY MARKET FOR OIL & GAS, BY WIRED CONNECTIVITY, 2017–2020 (THOUSAND UNITS)    211
TABLE 191    IOT NODE AND GATEWAY MARKET FOR OIL & GAS, BY WIRED CONNECTIVITY, 2021–2027 (THOUSAND UNITS)    211
TABLE 192    IOT NODE AND GATEWAY MARKET FOR OIL & GAS,
BY WIRELESS CONNECTIVITY, 2017–2020 (THOUSAND UNITS)    212
TABLE 193    IOT NODE AND GATEWAY MARKET FOR OIL & GAS,
BY WIRELESS CONNECTIVITY, 2021–2027 (THOUSAND UNITS)    212
TABLE 194    IOT NODE AND GATEWAY MARKET FOR OIL & GAS IN NORTH AMERICA,
BY COUNTRY, 2017–2020 (USD MILLION)    212
TABLE 195    IOT NODE AND GATEWAY MARKET FOR OIL & GAS IN NORTH AMERICA,
BY COUNTRY, 2021–2027 (USD MILLION)    213
TABLE 196    IOT NODE AND GATEWAY MARKET FOR OIL & GAS IN LATIN AMERICA,
BY COUNTRY, 2017–2020 (USD MILLION)    213
TABLE 197    IOT NODE AND GATEWAY MARKET FOR OIL & GAS IN LATIN AMERICA,
BY COUNTRY, 2021–2027 (USD MILLION)    213
TABLE 198    IOT NODE AND GATEWAY MARKET FOR OIL & GAS IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)    214
TABLE 199    IOT NODE AND GATEWAY MARKET FOR OIL & GAS IN EUROPE, BY COUNTRY, 2021–2027 (USD MILLION)    214
TABLE 200    IOT NODE AND GATEWAY MARKET FOR OIL & GAS IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)    214
TABLE 201    IOT NODE AND GATEWAY MARKET FOR OIL & GAS IN APAC, BY COUNTRY, 2021–2027 (USD MILLION)    215
TABLE 202    IOT NODE AND GATEWAY MARKET FOR OIL & GAS IN ROW, BY REGION, 2017–2020 (USD MILLION)    215
TABLE 203    IOT NODE AND GATEWAY MARKET FOR OIL & GAS IN ROW, BY REGION, 2021–2027 (USD MILLION)    215
7.2.8    AGRICULTURE    216
7.2.8.1    Increasing global demand for food and adoption of smart farming practices is driving market growth    216
FIGURE 40    IOT IN AGRICULTURE    216
7.2.8.2    Agriculture application: Products covered    216
7.2.8.2.1    Climate sensors    216
7.2.8.2.2    Soil moisture sensors    216
7.2.8.2.3    Level sensors    216
7.2.8.2.4    Gateways    217
TABLE 204    IOT NODE AND GATEWAY MARKET FOR AGRICULTURE, BY SENSOR TYPE, 2017–2020 (USD MILLION)    217
TABLE 205    IOT NODE AND GATEWAY MARKET FOR AGRICULTURE, BY SENSOR TYPE, 2021–2027 (USD MILLION)    217
TABLE 206    IOT NODE MARKET FOR AGRICULTURE, BY SENSOR TYPE,
2017–2020 (THOUSAND UNITS)    218
TABLE 207    IOT NODE AND GATEWAY MARKET FOR AGRICULTURE, BY SENSOR TYPE, 2017–2020 (THOUSAND UNITS)    218
TABLE 208    IOT NODE MARKET FOR AGRICULTURE, BY SENSOR TYPE,
2021–2027 (THOUSAND UNITS)    218
TABLE 209    IOT NODE AND GATEWAY MARKET FOR AGRICULTURE, BY SENSOR TYPE, 2021–2027 (THOUSAND UNITS)    219
TABLE 210    IOT NODE AND GATEWAY MARKET FOR AGRICULTURE, BY HARDWARE,
2017–2020 (THOUSAND UNITS)    219
TABLE 211    IOT NODE AND GATEWAY MARKET FOR AGRICULTURE, BY HARDWARE,
2021–2027 (THOUSAND UNITS)    219
TABLE 212    IOT NODE AND GATEWAY MARKET FOR AGRICULTURE IN NORTH AMERICA,
BY COUNTRY, 2017–2020 (USD THOUSAND)    220
TABLE 213    IOT NODE AND GATEWAY MARKET FOR AGRICULTURE IN NORTH AMERICA,
BY COUNTRY, 2021–2027 (USD THOUSAND)    220
TABLE 214    IOT NODE AND GATEWAY MARKET FOR AGRICULTURE IN LATIN AMERICA,
BY COUNTRY, 2017–2020 (USD THOUSAND)    220
TABLE 215    IOT NODE AND GATEWAY MARKET FOR AGRICULTURE IN LATIN AMERICA,
BY COUNTRY, 2021–2027 (USD THOUSAND)    221
TABLE 216    IOT NODE AND GATEWAY MARKET FOR AGRICULTURE IN EUROPE,
BY COUNTRY, 2017–2020 (USD THOUSAND)    221
TABLE 217    IOT NODE AND GATEWAY MARKET FOR AGRICULTURE IN EUROPE,
BY COUNTRY, 2021–2027 (USD THOUSAND)    221
TABLE 218    IOT NODE AND GATEWAY MARKET FOR AGRICULTURE IN APAC, BY COUNTRY, 2017–2020 (USD THOUSAND)    222
TABLE 219    IOT NODE AND GATEWAY MARKET FOR AGRICULTURE IN APAC, BY COUNTRY, 2021–2027 (USD THOUSAND)    222
TABLE 220    IOT NODE AND GATEWAY MARKET FOR AGRICULTURE IN ROW, BY REGION, 2017–2020 (USD THOUSAND)    222
TABLE 221    IOT NODE AND GATEWAY MARKET FOR AGRICULTURE IN ROW, BY REGION, 2021–2027 (USD THOUSAND)    223
7.2.9    AEROSPACE & DEFENSE    223
7.2.9.1    Aerospace and defense application: Products covered    223
7.2.9.1.1    Smart baggage tags    223
7.2.9.1.2    Smart beacons    223
7.2.9.1.3    ePassport gates    223
7.2.9.1.4    Drones/unmanned aerial vehicle (UAV)    224
7.2.9.1.5    Gateways    224
TABLE 222    IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE, BY TYPE, 2017–2020 (USD MILLION)    224
TABLE 223    IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE, BY TYPE, 2021–2027 (USD MILLION)    225
TABLE 224    IOT NODE MARKET FOR AEROSPACE & DEFENSE, BY TYPE,
2017–2020 (THOUSAND UNITS)    225
TABLE 225    IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE, BY TYPE, 2017–2020 (THOUSAND UNITS)    225
TABLE 226    IOT NODE MARKET FOR AEROSPACE & DEFENSE, BY TYPE,
2021–2027 (THOUSAND UNITS)    226
TABLE 227    IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE, BY TYPE, 2021–2027 (THOUSAND UNITS)    226
TABLE 228    IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE,
BY HARDWARE, 2017–2020 (THOUSAND UNITS)    226
TABLE 229    IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE,
BY HARDWARE, 2021–2027 (THOUSAND UNITS)    227
TABLE 230    IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE IN
NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)    227
TABLE 231    IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE IN
NORTH AMERICA, BY COUNTRY, 2021–2027 (USD MILLION)    227
TABLE 232    IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE IN
LATIN AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)    228
TABLE 233    IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE IN
LATIN AMERICA, BY COUNTRY, 2021–2027 (USD MILLION)    228
TABLE 234    IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE, BY EUROPE, 2017–2020 (USD MILLION)    228
TABLE 235    IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE IN EUROPE, BY COUNTRY, 2021–2027 (USD MILLION)    229
TABLE 236    IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE IN APAC,
BY COUNTRY, 2017–2020 (USD MILLION)    229
TABLE 237    IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE IN APAC,
BY COUNTRY, 2021–2027 (USD MILLION)    229
TABLE 238    IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE IN ROW,
BY REGION, 2017–2020 (USD MILLION)    230
TABLE 239    IOT NODE AND GATEWAY MARKET FOR AEROSPACE & DEFENSE IN ROW,
BY REGION, 2021–2027 (USD MILLION)    230

7.3    CONSUMER    230
7.3.1    WEARABLE DEVICES    230
7.3.1.1    Growing adoption of smart watches to support market growth    230
FIGURE 41    WEARABLE TECHNOLOGY: KEY APPLICATIONS    231
7.3.1.2    Wearable devices applications: Products covered    231
7.3.1.2.1    Activity monitors    231
7.3.1.2.2    Smart watches    231
7.3.1.2.3    Smart glasses    232
7.3.1.2.4    Body-worn cameras    232
TABLE 240    IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES, BY TYPE,
2017–2020 (USD MILLION)    232
TABLE 241    IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES, BY TYPE,
2021–2027 (USD MILLION)    232
TABLE 242    IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES, BY TYPE,
2017–2020 (MILLION UNITS)    233
TABLE 243    IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES, BY TYPE,
2021–2027 (MILLION UNITS)    233
TABLE 244    IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES, BY HARDWARE, 2017–2020 (MILLION UNITS)    234
TABLE 245    IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES, BY HARDWARE, 2021–2027 (MILLION UNITS)    234
TABLE 246    IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES IN
NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)    234
TABLE 247    IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES IN
NORTH AMERICA, BY COUNTRY, 2021–2027 (USD MILLION)    235
TABLE 248    IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES IN
LATIN AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)    235
TABLE 249    IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES IN
LATIN AMERICA, BY COUNTRY, 2021–2027 (USD MILLION)    235
TABLE 250    IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES IN EUROPE,
BY COUNTRY, 2017–2020 (USD MILLION)    236
TABLE 251    IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES IN EUROPE,
BY COUNTRY, 2021–2027 (USD MILLION)    236
TABLE 252    IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES IN APAC,
BY COUNTRY, 2017–2020 (USD MILLION)    236
TABLE 253    IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES IN APAC,
BY COUNTRY, 2021–2027 (USD MILLION)    237
TABLE 254    IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES IN ROW,
BY REGION, 2017–2020 (USD MILLION)    237
TABLE 255    IOT NODE AND GATEWAY MARKET FOR WEARABLE DEVICES IN ROW,
BY REGION, 2021–2027 (USD MILLION)    237
7.3.2    CONSUMER ELECTRONICS    238
7.3.2.1    Demand for smart televisions and smart washing machines is
driving market growth    238
7.3.2.2    Consumer electronics application: Products covered    238
7.3.2.2.1    Smart lighting    238
7.3.2.2.2    Smart TV    238
7.3.2.2.3    Smart washing machine    238
7.3.2.2.4    Smart dryer    239
7.3.2.2.5    Smart refrigerator    239
7.3.2.2.6    Smart oven    239
7.3.2.2.7    Smart cooktop    239
7.3.2.2.8    Smart cooker    239
7.3.2.2.9    Smart deep freezer    240
7.3.2.2.10    Smart dishwasher    240
7.3.2.2.11    Smart coffee maker    240
7.3.2.2.12    Smart Kettle    240
7.3.2.2.13    Gateways    240
TABLE 256    IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS, BY TYPE, 2017–2020 (USD MILLION)    241
TABLE 257    IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS, BY TYPE, 2021–2027 (USD MILLION)    242
TABLE 258    IOT NODE MARKET FOR CONSUMER ELECTRONICS, BY TYPE,
2017–2020 (THOUSAND UNITS)    243
TABLE 259    IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS, BY TYPE, 2017–2020 (THOUSAND UNITS)    243
TABLE 260    IOT NODE MARKET FOR CONSUMER ELECTRONICS, BY TYPE,
2021–2027 (THOUSAND UNITS)    244
TABLE 261    IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS, BY TYPE, 2021–2027 (THOUSAND UNITS)    244
TABLE 262    IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS,
BY HARDWARE, 2017–2020 (MILLION UNITS)    245
TABLE 263    IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS,
BY HARDWARE, 2021–2027 (MILLION UNITS)    245
TABLE 264    IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS IN
NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)    245
TABLE 265    IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS IN
NORTH AMERICA, BY COUNTRY, 2021–2027 (USD MILLION)    246
TABLE 266    IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS IN
LATIN AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)    246
TABLE 267    IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS IN
LATIN AMERICA, BY COUNTRY, 2021–2027 (USD MILLION)    246
TABLE 268    IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)    247
TABLE 269    IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS IN EUROPE, BY COUNTRY, 2021–2027 (USD MILLION)    247
TABLE 270    IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)    247
TABLE 271    IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS IN APAC, BY COUNTRY, 2021–2027 (USD MILLION)    248
TABLE 272    IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS IN ROW, BY REGION, 2017–2020 (USD MILLION)    248
TABLE 273    IOT NODE AND GATEWAY MARKET FOR CONSUMER ELECTRONICS IN ROW, BY REGION, 2021–2027 (USD MILLION)    248
8    GEOGRAPHIC ANALYSIS    249
8.1    INTRODUCTION    250
TABLE 274    IOT NODE AND GATEWAY MARKET, BY GEOGRAPHY,
2017–2020 (USD BILLION)    250
TABLE 275    IOT NODE AND GATEWAY MARKET, BY GEOGRAPHY,
2021–2027 (USD BILLION)    250
TABLE 276    IOT NODE AND GATEWAY MARKET, BY GEOGRAPHY,
2017–2020 (MILLION UNITS)    251
TABLE 277    IOT NODE AND GATEWAY MARKET, BY GEOGRAPHY,
2021–2027 (MILLION UNITS)    251
8.2    NORTH AMERICA    251
FIGURE 42    SNAPSHOT: IOT NODE AND GATEWAY MARKET IN NORTH AMERICA    252
TABLE 278    IOT NODE AND GATEWAY MARKET IN NORTH AMERICA, BY COUNTRY,
2017–2020 (USD MILLION)    252
TABLE 279    IOT NODE AND GATEWAY MARKET IN NORTH AMERICA, BY COUNTRY,
2021–2027 (USD MILLION)    253
TABLE 280    IOT NODE AND GATEWAY MARKET IN NORTH AMERICA,
BY END-USE APPLICATION, 2017–2020 (USD MILLION)    253
TABLE 281    IOT NODE AND GATEWAY MARKET IN NORTH AMERICA,
BY END-USE APPLICATION, 2021–2027 (USD MILLION)    253
TABLE 282    IOT NODE AND GATEWAY MARKET IN NORTH AMERICA,
BY END-USE APPLICATION, 2017–2020 (MILLION UNITS)    253
TABLE 283    IOT NODE AND GATEWAY MARKET IN NORTH AMERICA,
BY END-USE APPLICATION, 2021–2027 (MILLION UNITS)    254
TABLE 284    IOT NODE AND GATEWAY MARKET IN NORTH AMERICA,
BY INDUSTRIAL APPLICATION, 2017–2020 (USD MILLION)    254
TABLE 285    IOT NODE AND GATEWAY MARKET IN NORTH AMERICA,
BY INDUSTRIAL APPLICATION, 2021–2027 (USD MILLION)    254
TABLE 286    IOT NODE AND GATEWAY MARKET IN NORTH AMERICA,
BY INDUSTRIAL APPLICATION, 2017–2020 (MILLION UNITS)    255
TABLE 287    IOT NODE AND GATEWAY MARKET IN NORTH AMERICA,
BY INDUSTRIAL APPLICATION, 2021–2027 (MILLION UNITS)    255
TABLE 288    IOT NODE AND GATEWAY MARKET IN NORTH AMERICA,
BY CONSUMER APPLICATION, 2017–2020 (USD MILLION)    256
TABLE 289    IOT NODE AND GATEWAY MARKET IN NORTH AMERICA,
BY CONSUMER APPLICATION, 2021–2027 (USD MILLION)    256
TABLE 290    IOT NODE AND GATEWAY MARKET IN NORTH AMERICA,
BY CONSUMER APPLICATION, 2017–2020 (MILLION UNITS)    256
TABLE 291    IOT NODE AND GATEWAY MARKET IN NORTH AMERICA,
BY CONSUMER APPLICATION, 2021–2027 (MILLION UNITS)    256
8.2.1    IMPACT OF COVID-19 ON IOT NODE AND GATEWAY MARKET IN
NORTH AMERICA    257
FIGURE 43    IOT NODE AND GATEWAY MARKET IN AMERICA: ANALYSIS OF
PRE- AND POST-COVID-19 SCENARIOS    257
8.2.2    US    258
8.2.2.1    Presence of leading IoT companies in US to continue to drive growth of IoT node and gateway market    258

8.2.3    CANADA    258
8.2.3.1    IoT adoption by small and medium enterprises to favor market
growth in Canada    258
8.3    LATIN AMERICA    259
FIGURE 44    SNAPSHOT: IOT NODE AND GATEWAY MARKET IN LATIN AMERICA    259
TABLE 292    IOT NODE AND GATEWAY MARKET IN LATIN AMERICA, BY COUNTRY,
2017–2020 (USD MILLION)    259
TABLE 293    IOT NODE AND GATEWAY MARKET IN LATIN AMERICA, BY COUNTRY,
2021–2027 (USD MILLION)    260
TABLE 294    IOT NODE AND GATEWAY MARKET IN LATIN AMERICA,
BY END-USE APPLICATION, 2017–2020 (USD MILLION)    260
TABLE 295    IOT NODE AND GATEWAY MARKET IN LATIN AMERICA,
BY END-USE APPLICATION, 2021–2027 (USD MILLION)    260
TABLE 296    IOT NODE AND GATEWAY MARKET IN LATIN AMERICA,
BY END-USE APPLICATION, 2017–2020 (MILLION UNITS)    261
TABLE 297    IOT NODE AND GATEWAY MARKET IN LATIN AMERICA,
BY END-USE APPLICATION, 2021–2027 (MILLION UNITS)    261
TABLE 298    IOT NODE AND GATEWAY MARKET IN LATIN AMERICA,
BY INDUSTRIAL APPLICATION, 2017–2020 (USD MILLION)    261
TABLE 299    IOT NODE AND GATEWAY MARKET IN LATIN AMERICA,
BY INDUSTRIAL APPLICATION, 2021–2027 (USD MILLION)    262
TABLE 300    IOT NODE AND GATEWAY MARKET IN LATIN AMERICA,
BY INDUSTRIAL APPLICATION, 2017–2020 (MILLION UNITS)    262
TABLE 301    IOT NODE AND GATEWAY MARKET IN LATIN AMERICA,
BY INDUSTRIAL APPLICATION, 2021–2027 (MILLION UNITS)    263
TABLE 302    IOT NODE AND GATEWAY MARKET IN LATIN AMERICA,
BY CONSUMER APPLICATION, 2017–2020 (USD MILLION)    263
TABLE 303    IOT NODE AND GATEWAY MARKET IN LATIN AMERICA,
BY CONSUMER APPLICATION, 2021–2027 (USD MILLION)    263
TABLE 304    IOT NODE AND GATEWAY MARKET IN LATIN AMERICA,
BY CONSUMER APPLICATION, 2017–2020 (MILLION UNITS)    264
TABLE 305    IOT NODE AND GATEWAY MARKET IN LATIN AMERICA,
BY CONSUMER APPLICATION, 2021–2027 (MILLION UNITS)    264
8.3.1    IMPACT OF COVID-19 ON IOT NODE AND GATEWAY MARKET IN
LATIN AMERICA    264
FIGURE 45    IOT NODE AND GATEWAY MARKET IN LATIN AMERICA: ANALYSIS OF
PRE- AND POST-COVID-19 SCENARIOS    265
8.3.2    MEXICO    265
8.3.2.1    Growing penetration of IoT in telecommunications industry to
propel market growth in Mexico    265
8.3.3    BRAZIL    266
8.3.3.1    Government funding for IoT implementation is driving
market growth in Brazil    266
8.3.4    COLOMBIA    266
8.3.4.1    Reforms in manufacturing, construction, agriculture, and banking industries drives growth market in Colombia    266
8.3.5    REST OF LATIN AMERICA    266

8.4    EUROPE    267
FIGURE 46    SNAPSHOT: IOT NODE AND GATEWAY MARKET IN EUROPE    267
TABLE 306    IOT NODE AND GATEWAY MARKET IN EUROPE, BY COUNTRY,
2017–2020 (USD MILLION)    267
TABLE 307    IOT NODE AND GATEWAY MARKET IN EUROPE, BY COUNTRY,
2021–2027 (USD MILLION)    268
TABLE 308    IOT NODE AND GATEWAY MARKET IN EUROPE, BY END-USE APPLICATION, 2017–2020 (USD MILLION)    268
TABLE 309    IOT NODE AND GATEWAY MARKET IN EUROPE, BY END-USE APPLICATION, 2021–2027 (USD MILLION)    268
TABLE 310    IOT NODE AND GATEWAY MARKET IN EUROPE, BY END-USE APPLICATION, 2017–2020 (MILLION UNITS)    268
TABLE 311    IOT NODE AND GATEWAY MARKET IN EUROPE, BY END-USE APPLICATION, 2021–2027 (MILLION UNITS)    269
TABLE 312    IOT NODE AND GATEWAY MARKET IN EUROPE, BY INDUSTRIAL APPLICATION, 2017–2020 (USD MILLION)    269
TABLE 313    IOT NODE AND GATEWAY MARKET IN EUROPE, BY INDUSTRIAL APPLICATION, 2021–2027 (USD MILLION)    269
TABLE 314    IOT NODE AND GATEWAY MARKET IN EUROPE, BY INDUSTRIAL APPLICATION, 2017–2020 (MILLION UNITS)    270
TABLE 315    IOT NODE AND GATEWAY MARKET IN EUROPE, BY INDUSTRIAL APPLICATION, 2021–2027 (MILLION UNITS)    270
TABLE 316    IOT NODE AND GATEWAY MARKET IN EUROPE, BY CONSUMER APPLICATION, 2017–2020 (USD MILLION)    270
TABLE 317    IOT NODE AND GATEWAY MARKET IN EUROPE, BY CONSUMER APPLICATION, 2021–2027 (USD MILLION)    271
TABLE 318    IOT NODE AND GATEWAY MARKET IN EUROPE, BY CONSUMER APPLICATION, 2017–2020 (MILLION UNITS)    271
TABLE 319    IOT NODE AND GATEWAY MARKET IN EUROPE, BY CONSUMER APPLICATION, 2021–2027 (MILLION UNITS)    271
8.4.1    IMPACT OF COVID-19 ON IOT NODE AND GATEWAY MARKET IN EUROPE    271
FIGURE 47    IOT NODE AND GATEWAY MARKET IN EUROPE: ANALYSIS OF PRE- AND
POST-COVID-19 SCENARIOS    272
8.4.2    UK    272
8.4.2.1    Industrial revolution in UK is driving market growth    272
8.4.3    GERMANY    273
8.4.3.1    Adoption of Industry 4.0 principles has created opportunity for market growth    273
8.4.4    FRANCE    273
8.4.4.1    Increased investment in R&D to modernize industrial sector is
fueling market growth    273
8.4.5    REST OF EUROPE    273
8.5    APAC    274
FIGURE 48    SNAPSHOT: IOT NODE AND GATEWAY MARKET IN APAC    274
TABLE 320    IOT NODE AND GATEWAY MARKET IN APAC, BY COUNTRY,
2017–2020 (USD MILLION)    275
TABLE 321    IOT NODE AND GATEWAY MARKET IN APAC, BY COUNTRY,
2021–2027 (USD MILLION)    275
TABLE 322    IOT NODE AND GATEWAY MARKET IN APAC, BY END-USE APPLICATION, 2017–2020 (USD MILLION)    275
TABLE 323    IOT NODE AND GATEWAY MARKET IN APAC, BY END-USE APPLICATION, 2021–2027 (USD MILLION)    275
TABLE 324    IOT NODE AND GATEWAY MARKET IN APAC, BY END-USE APPLICATION, 2017–2020 (MILLION UNITS)    276
TABLE 325    IOT NODE AND GATEWAY MARKET IN APAC, BY END-USE APPLICATION, 2021–2027 (MILLION UNITS)    276
TABLE 326    IOT NODE AND GATEWAY MARKET IN APAC, BY INDUSTRIAL APPLICATION, 2017–2020 (USD MILLION)    276
TABLE 327    IOT NODE AND GATEWAY MARKET IN APAC, BY INDUSTRIAL APPLICATION, 2021–2027 (USD MILLION)    277
TABLE 328    IOT NODE AND GATEWAY MARKET IN APAC, BY INDUSTRIAL APPLICATION, 2017–2020 (MILLION UNITS)    277
TABLE 329    IOT NODE AND GATEWAY MARKET IN APAC, BY INDUSTRIAL APPLICATION, 2021–2027 (MILLION UNITS)    278
TABLE 330    IOT NODE AND GATEWAY MARKET IN APAC, BY CONSUMER APPLICATION, 2017–2020 (USD MILLION)    278
TABLE 331    IOT NODE AND GATEWAY MARKET IN APAC, BY CONSUMER APPLICATION, 2021–2027 (USD MILLION)    278
TABLE 332    IOT NODE AND GATEWAY MARKET IN APAC, BY CONSUMER APPLICATION, 2017–2020 (MILLION UNITS)    279
TABLE 333    IOT NODE AND GATEWAY MARKET IN APAC, BY CONSUMER APPLICATION, 2021–2027 (MILLION UNITS)    279
8.5.1    IMPACT OF COVID-19 ON IOT NODE AND GATEWAY MARKET IN APAC    279
FIGURE 49    IOT NODE AND GATEWAY MARKET IN APAC: ANALYSIS OF PRE- AND
POST-COVID-19 SCENARIOS    279
8.5.2    CHINA    280
8.5.2.1    Adoption of IoT technology by enterprises in China is accelerating market growth    280
8.5.3    JAPAN    280
8.5.3.1    Telecom industry to underpin market growth in Japan    280
8.5.4    SOUTH KOREA    281
8.5.4.1    Advancement in cellular technologies is fueling market growth    281
8.5.5    REST OF APAC    281
8.6    ROW    282
FIGURE 50    ROW MARKET SNAPSHOT    282
TABLE 334    IOT NODE AND GATEWAY MARKET IN ROW, BY REGION,
2017–2020 (USD MILLION)    282
TABLE 335    IOT NODE AND GATEWAY MARKET IN ROW, BY REGION,
2021–2027 (USD MILLION)    283
TABLE 336    IOT NODE AND GATEWAY MARKET IN ROW, BY END-USE APPLICATION,
2017–2020 (USD MILLION)    283
TABLE 337    IOT NODE AND GATEWAY MARKET IN ROW, BY END-USE APPLICATION,
2021–2027 (USD MILLION)    283
TABLE 338    IOT NODE AND GATEWAY MARKET IN ROW, BY END-USE APPLICATION,
2017–2020 (MILLION UNITS)    283
TABLE 339    IOT NODE AND GATEWAY MARKET IN ROW, BY END-USE APPLICATION,
2021–2027 (MILLION UNITS)    284
TABLE 340    IOT NODE AND GATEWAY MARKET IN ROW, BY INDUSTRIAL APPLICATION, 2017–2020 (USD MILLION)    284
TABLE 341    IOT NODE AND GATEWAY MARKET IN ROW, BY INDUSTRIAL APPLICATION, 2021–2027 (USD MILLION)    284
TABLE 342    IOT NODE AND GATEWAY MARKET IN ROW, BY INDUSTRIAL APPLICATION, 2017–2020 (MILLION UNITS)    285
TABLE 343    IOT NODE AND GATEWAY MARKET IN ROW, BY INDUSTRIAL APPLICATION, 2021–2027 (MILLION UNITS)    285
TABLE 344    IOT NODE AND GATEWAY MARKET IN ROW, BY CONSUMER APPLICATION, 2017–2020 (USD MILLION)    285
TABLE 345    IOT NODE AND GATEWAY MARKET IN ROW, BY CONSUMER APPLICATION, 2021–2027 (USD MILLION)    286
TABLE 346    IOT NODE AND GATEWAY MARKET IN ROW, BY CONSUMER APPLICATION, 2017–2020 (MILLION UNITS)    286
TABLE 347    IOT NODE AND GATEWAY MARKET IN ROW, BY CONSUMER APPLICATION, 2021–2027 (MILLION UNITS)    286
8.6.1    IMPACT OF COVID-19 ON IOT NODE AND GATEWAY MARKET IN ROW    286
FIGURE 51    IOT NODE AND GATEWAY MARKET IN ROW: ANALYSIS OF PRE- AND
POST-COVID-19 SCENARIOS    287
8.6.2    MIDDLE EAST    287
8.6.2.1    Rapid urbanization in Middle East catalyzing IoT adoption    287
8.6.3    AFRICA    288
8.6.3.1    Fast-track development of cellular technology is increasing demand for IoT technology    288
9    COMPETITIVE LANDSCAPE    289
9.1    INTRODUCTION    289
9.2    KEY PLAYER STRATEGIES/RIGHT TO WIN    289
9.2.1    OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN
IOT NODE AND GATEWAY MARKET    289
9.3    REVENUE ANALYSIS OF TOP PLAYERS    293
FIGURE 52    5-YEAR REVENUE ANALYSIS OF TOP PLAYERS IN IOT NODE AND
GATEWAY MARKET, 2016–2020    293
9.4    MARKET SHARE ANALYSIS OF KEY PLAYERS IN 2020    294
FIGURE 53    MARKET SHARE ANALYSIS OF KEY PLAYERS IN IOT NODE MARKET IN 2020    294
TABLE 348    IOT NODE MARKET: DEGREE OF COMPETITION    294
TABLE 349    IOT NODE MARKET: RANKING ANALYSIS    295
TABLE 350    IOT GATEWAY MARKET: RANKING ANSALYSIS    295
9.5    COMPANY EVALUATION QUADRANT, 2020    296
9.5.1    STAR    296
9.5.2    EMERGING LEADER    296
9.5.3    PERVASIVE    296
9.5.4    PARTICIPANT    296
FIGURE 54    IOT NODE AND GATEWAY MARKET (GLOBAL) COMPANY
EVALUATION QUADRANT, 2020    297
9.6    COMPETITIVE BENCHMARKING    298
9.6.1    COMPANY FOOTPRINT, BY END-USE APPLICATION    298
9.6.2    COMPANY FOOTPRINT, BY REGION    299
9.6.3    TOTAL SCORE    300
9.7    STARTUP/SME EVALUATION QUADRANT, 2020    301
9.7.1    PROGRESSIVE COMPANY    301
9.7.2    RESPONSIVE COMPANY    301
9.7.3    DYNAMIC COMPANY    301
9.7.4    STARTING BLOCK    301
FIGURE 55    IOT NODE AND GATEWAY MARKET (GLOBAL) STARTUP/SME EVALUATION QUADRANT, 2020    302
9.8    COMPETITIVE SITUATIONS AND TRENDS    303
9.8.1    PRODUCT LAUNCHES/DEVELOPMENTS    303
TABLE 351    PRODUCT LAUNCHES/DEVELOPMENTS, 2019–2021    303
9.8.2    DEALS    304
TABLE 352    DEALS, 2019–2021    304
10    COMPANY PROFILES    306
10.1    INTRODUCTION    306
10.2    KEY PLAYERS    306
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View)*
10.2.1    INTEL CORPORATION    306
TABLE 353    INTEL CORPORATION: BUSINESS OVERVIEW    307
FIGURE 56    INTEL CORPORATION: COMPANY SNAPSHOT    307
TABLE 354    INTEL CORPORATION: PRODUCT LAUNCHES    309
TABLE 355    INTEL CORPORATION: DEALS    310
10.2.2    HUAWEI TECHNOLOGIES CO., LTD.    313
TABLE 356    HUAWEI TECHNOLOGIES CO., LTD.: BUSINESS OVERVIEW    313
FIGURE 57    HUAWEI TECHNOLOGIES CO., LTD.: COMPANY SNAPSHOT    314
TABLE 357    HUAWEI TECHNOLOGIES CO., LTD.: PRODUCT LAUNCHES    316
TABLE 358    HUAWEI TECHNOLOGIES CO., LTD.: DEALS    317
10.2.3    NXP SEMICONDUCTORS N.V.    320
TABLE 359    NXP SEMICONDUCTORS N.V.: BUSINESS OVERVIEW    320
FIGURE 58    NXP SEMICONDUCTORS N.V.: COMPANY SNAPSHOT    320
TABLE 360    NXP SEMICONDUCTORS N.V.: PRODUCT LAUNCHES    322
TABLE 361    NXP SEMICONDUCTORS N.V.: DEALS    322
10.2.4    TEXAS INSTRUMENTS INCORPORATED    325
TABLE 362    TEXAS INSTRUMENTS INCORPORATED: BUSINESS OVERVIEW    325
FIGURE 59    TEXAS INTRUMENTS INCORPORATED: COMPANY SNAPSHOT    326
TABLE 363    TEXAS INSTRUMENTS INCORPORATED: PRODUCT LAUNCHES    328
10.2.5    CISCO SYSTEMS, INC.    330
TABLE 364    CISCO SYSTEMS, INC.: BUSINESS OVERVIEW    330
FIGURE 60    CISCO SYSTEMS, INC: COMPANY SNAPSHOT    331
TABLE 365    CISCO SYSTEMS, INC.: PRODUCT LAUNCHES    332
TABLE 366    CISCO SYSTEMS: DEALS    333
10.2.6    HEWLETT PACKARD ENETERPRISE (HPE)    336
TABLE 367    HEWLETT PACKARD ENTERPRISE: BUSINESS OVERVIEW    336
FIGURE 61    HEWLETT PACKARD ENTERPRISE: COMPANY SNAPSHOT    337
TABLE 368    HEWLETT PACKARD ENTERPRISE: DEALS    339
10.2.7    MICROCHIP TECHNOLOGY INC.    341
TABLE 369    MICROCHIP TECHNOLOGY INC.: BUSINESS OVERVIEW    341
FIGURE 62    MICROCHIP TECHNOLOGY INC.: COMPANY SNAPSHOT    342
TABLE 370    MICROCHIP TECHNOLOGY INC.: PRODUCT LAUNCHES    346
TABLE 371    MICROCHIP TECHNOLOGY INC.: DEALS    347
10.2.8    TE CONNECTIVITY LTD.    349
TABLE 372    TE CONNECTIVITY LTD.: BUSINESS OVERVIEW    349
FIGURE 63    TE CONNECTIVITY LTD.: COMPANY SNAPSHOT    350
TABLE 373    TE CONNECTIVITY LTD.: DEALS    352
10.2.9    ADVANTECH CO. LTD.    354
TABLE 374    ADVANTECH CO. LTD.: BUSINESS OVERVIEW    354
FIGURE 64    ADVANTECH CO. LTD.: COMPANY SNAPSHOT    355
TABLE 375    ADVANTECH CO. LTD.: PRODUCT LAUNCHES    358
TABLE 376    ADVANTECH CO. LTD.: DEALS    359
10.2.10    DELL TECHNOLOGIES    361
TABLE 377    DELL TECHNOLOGIES: BUSINESS OVERVIEW    361
FIGURE 65    DELL TECHNOLOGIES: COMPANY SNAPSHOT    362
TABLE 378    DELL TECHNOLOGIES: PRODUCT LAUNCHES    363
TABLE 379    DELL TECHNOLOGIES: DEALS    364
* Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View might not be captured in case of unlisted companies.
10.3    OTHER PLAYERS    366
10.3.1    NOTION    366
10.3.2    HELIUM SYSTEMS INC.    366
10.3.3    SAMSARA NETWORKS INC.    367
10.3.4    BEEP INC.    367
10.3.5    ESTIMOTE, INC.    368
10.3.6    AAEON TECHNOLOGY INC.    368
10.3.7    NEXCOM INTERNATIONAL CO., LTD.    369
10.3.8    STMICROELECTRONICS N.V.    370
10.3.9    EUROTECH    370
10.3.10    ADLINK TECHNOLOGY INC.    371
10.3.11    VOLANSYS TECHNOLOGIES    371
10.3.12    EMBITEL TECHNOLOGIES    372
10.3.13    MITSUBISHI ELECTRIC CORPORATION    373
10.3.14    LANTRONIX, INC.    374
10.3.15    CRADLEPOINT, INC.    374
11    APPENDIX    375
11.1    DISCUSSION GUIDE    375
11.2    KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL    378
11.3    AVAILABLE CUSTOMIZATIONS    380
11.4    RELATED REPORTS    380
11.5    AUTHOR DETAILS    381"