
The global IoT node and gateway market is expected to witness a huge growth in the forecast period from 2017 to 2025 as there lies immense growth potential in its end-use applications such as defense, BFSI, retail, and aerospace. The growing IP address space, improved security offered by IPv6, and improvement in internet connectivity worldwide are some of the drivers of the growth of the global IoT node and gateway market. The growing initiatives by governments and improvement in the IT infrastructure, especially in emerging economies such as China, Brazil, and India are some of the other factors aiding the growth of this market. The increased use of wireless sensors, growth in application specific microcontroller units, and improved internet connectivity shall boost the growth of the global IoT node and gateway market in the years to come.