Report Overview:
Industrial multiprotocol gateways are critical connectivity solutions that enable seamless communication between industrial devices using different protocols such as Modbus, PROFIBUS, Ethernet/IP, and others. These devices act as protocol translators, facilitating interoperability in industrial IoT (IIoT) environments across manufacturing plants, energy grids, and smart city infrastructure. The market segmentation includes 3G, 4G, and 5G industrial gateways, with applications spanning smart factories, energy systems, agriculture, and urban infrastructure.
Growth is driven by accelerating Industry 4.0 adoption and expanding IIoT deployments. However, cybersecurity concerns and interoperability challenges pose restraints. Recent technological advancements, including edge computing integration and 5G compatibility, are creating new opportunities. For instance, in Q1 2024, Siemens launched new industrial gateways with enhanced security features for critical infrastructure applications, reflecting the industry's focus on addressing evolving connectivity demands.
Market Value:
Global industrial multiprotocol gateways market was valued at USD 3,217 million in 2024 and is projected to reach USD 6,369 million by 2032, exhibiting a CAGR of 10.5% during the forecast period.
By Applications:
Smart Factory
Smart Energy
Smart City
Smart Agriculture
By Types:
• 3G Industrial Gateway
• 4G Industrial Gateway
• 5G Industrial Gateway
Key players include:
• Cisco Systems, Inc. (U.S.)
• Ruijie Networks Co., Ltd. (China)
• Advantech Co., Ltd. (Taiwan)
• Sierra Wireless, Inc. (Canada)
• Hirschmann Automation and Control GmbH (Germany)
• Digi International Inc. (U.S.)
• Shenzhen Hongdian Corporation (China)
• King Pigeon Hi-Tech Co., Ltd. (China)
