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The Australia IoT gateway market size is projected to grow at a CAGR of 7.80% between 2024 and 2032.
The increasing adoption of advanced technologies like artificial intelligence, cloud computing, big data, and the internet of things is a significant driver propelling Australia IoT gateway market growth. This adoption is further fueled by the surge in data analytics, AI, automation, and big data usage across healthcare, transportation, and consumer electronics industries.
Additionally, the Australian government's emphasis on digital transformation in both private and public sector services is a crucial driver, leading to high adoption rates of mobility, cloud computing, data analytics, and digital storage, creating economic growth and supporting market expansion. Moreover, the rise in the total number of internet users in Australia, reaching 91% of the population in 2022, indicates a potential for further growth in the IoT gateway sector.
Bluetooth connectivity dominates the Australia IoT gateway market share, driven by its low power consumption and suitability for mobile applications. Ethernet connectivity plays a crucial role in ensuring reliable and high-speed data transmission, particularly in industrial applications. Cellular connectivity, such as 5G-enabled IoT provides wide coverage and reliable communication, essential for remote applications. For instance, 70 million new 5G subscriptions were added globally during the second quarter of 2022, which reflects the growing demand for IoT solutions. Meanwhile, Wi-Fi connectivity, vital for in-building and campus environments, offers broad coverage and stable connections, driving growth in various IoT applications within the Australian market.
In the component segment analysis, sensors play a critical role in data collection and environmental monitoring, with integrated MEMS sensors contributing to power efficiency and extended device life. Memory and storage devices are essential for data processing and storage, enhancing gateway performance. Microcontrollers (MCUs) and Field-Programmable Gate Arrays (FPGAs) are crucial for embedded systems and customisation, aiding in efficient data processing and connectivity.
Australia IoT Gateway Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Component
Market Breakup by Connectivity Type
Market Breakup by End Use
Market Breakup by Region
Market players are focusing on expanding their product portfolios, enhancing user experience, and investing in strategic partnerships to capitalise on the growing IoT market in Australia.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Component |
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| Breakup by Connectivity Type |
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| Breakup by End Use |
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| Breakup by Region |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The Australia IoT gateway market is expected to grow at a CAGR of 7.80% between 2024 and 2032.
Enhanced internet connectivity in technologically advancing countries and the security benefits provided by IoT gateways are key factors driving market growth.
Key trends aiding the market expansion include growing demand for smart home technology, advancements in technology, like AI and IoT functionalities, and rising demand for IoT-enabled devices in healthcare industries.
Regions considered in the market are New South Wales, Victoria, Queensland, Western Australia, and Australian Capital Territory, among others.
Different components in the market are sensor, memory and storage device, processor, MCU, and FPGA, among others.
Based on end use, the market segmentations include healthcare, oil and gas, automotive and transportation, consumer electronics, aerospace and defence, and BFSI, among others.
Bluetooth, ethernet, ZigBee, cellular, and Wi-Fi connectivity are considered in the report.
Key players in the market are Bestech Australia Pty Ltd, Cisco Systems Inc., Advantech Co. Ltd., Dell Technologies Inc., and Fujitsu Australia Limited, among others.
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Australia
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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