IoT Gateway Revenue to Near $48B Globally in 2026: ABI
Global revenue from IoT gateway devices is projected to approach $48 billion in 2026, reported ABI Research Thursday. Factors driving the growth of gateways over the next five years will include the transition to cellular from fixed line and replacement…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
of existing 2G/3G gateways, plus rapid growth in the industrial and infrastructure markets, it said. By 2023, 3G gateways will become a “minimal share” of the market, with the 3G gateway installed base replaced by Cat-1 gateways and 5G gateway shipments beginning to accelerate in 2026, said ABI. By 2026, cellular gateway shipments will top 127 million units, rising at a 23% compound annual growth rate between 2021 and 2026, it said. But gateway growth won't go “unimpeded,” said ABI. Gateways engineered for smart home tech will continue experiencing more competition, it said: “More voice control front-end devices and smart TVs are including gateway functionality to complement their core services.”