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M2M/IoT gateway market to exceed $1B in revenues in 2021

Posted: 05 Nov 2015 ?? ?Print Version ?Bookmark and Share

Keywords:ABI Research? M2M? IoT? gateway? enterprise network?

ABI Research has predicted that the global annual shipments of M2M/IoT gateway devices for commercial and industrial applications will increase at about 20 per cent CAGR in the next six years, and exceed $1 billion revenues in 2021. The reason for this bullish forecast is the increasing adoption of industrial IoT solutions grows.

Gateways are a fundamental component in many commercial and industrial M2M/IoT applications where they are deployed to provide local connectivity to the end nodes and perform network and protocol translation for communication with an enterprise network or a cloud environment.

With hardware markets constantly battling pricing pressure and commoditisation, more and more value in the IoT market will to be linked to software and services. "A growing number of OEMs complement their hardware portfolio with software platforms and cloud-based services," said Eugenio Pasqua, research analyst at ABI Research. "These additions add value to their products while partnering with carriers, system integrators, application developers and service providers to offer their devices as part of an end-to-end solution rather than a stand-alone product. Market players like Cradlepoint, CalAmp, Sierra Wireless and Eurotech all provide their own software platforms to develop and deploy new applications and services on top of their gateways and facilitate and speed-up the creation of end-to-end solutions."

Along with the huge growth of data generated by M2M and IoT solutions comes stringent requirements for tight security and real-time communication in many commercial and industrial applications. This is pushing the industry to shift from the traditional, cloud-centric M2M approach to a more distributed approach that creates an additional intelligence layer at the edge of the network where cloud functions could be performed locally.

"Several major companies, such as Cisco, Intel and IBM, are already adopting architectures based on a certain level of edge intelligence. We are beginning to see the more intelligent gateways that, when provided with more powerful processing and memory capabilities, can deliver these capabilities," added Pasqua. "Intel, in particular, has quite a compelling proposition in its Gateway Solutions for the IoT, an open architecture that has been already used by many OEMs like Eurotech, NEXCOM, Advantech and Dell. It has made the headlines in the past year with the release of intelligent gateways powered by powerful Intel Atom or Quark processors."





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