Industrial Multiprotocol Gateways Market Size 2024-2028
The industrial multiprotocol gateways market size is forecast to increase by USD 230.5 million at a CAGR of 11.22% between 2023 and 2028.
- The market is witnessing significant growth, driven primarily by the increasing prominence of IoT gateways. These gateways facilitate seamless communication between various industrial protocols and enable interoperability between different systems. Another key driver is the development of system-on-chip solutions for multiprotocol communication, which reduces complexity and cost for manufacturers. However, the market also faces challenges, including barriers created by traditional mechanisms for communication and interoperability. These obstacles necessitate the adoption of more flexible and open standards to ensure compatibility and ease of integration.
- Companies seeking to capitalize on market opportunities should focus on developing innovative solutions that address these challenges and offer improved functionality, reliability, and security. By staying abreast of industry trends and addressing the specific needs of their customers, they can effectively navigate the competitive landscape and maintain a strong market position.
What will be the Size of the Industrial Multiprotocol Gateways Market during the forecast period?
- The market continues to evolve, driven by the increasing demand for seamless connectivity and data integration across diverse industrial automation systems. These gateways facilitate the communication between various industrial protocols, enabling data aggregation and conversion for real-time monitoring and analysis. Fault detection and data security are integral components of these solutions, ensuring operational efficiency and industrial security. System integration and edge computing optimize costs by enabling local processing and reducing the need for extensive data transfer. Predictive maintenance and building automation applications further enhance the value proposition of these gateways. Ethernet/IP, OPC UA, and other connectivity solutions play a crucial role in enabling smart factories and digital transformation by facilitating machine-to-machine communication and cloud connectivity.
- Data logging, process control, and energy management are among the numerous applications that benefit from these advanced technologies. Hardware platforms, CAN bus, serial communication, and industrial Ethernet are some of the technologies that support the development of these gateways. The ongoing digital transformation in industries is fueling the demand for advanced data analytics and device management capabilities, further expanding the market's potential.
How is this Industrial Multiprotocol Gateways Industry segmented?
The industrial multiprotocol gateways industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
- Application
- Remote monitoring
- Product optimization
- Preventive maintenance
- End-user
- Process industries
- Discrete industries
- Technology
- IoT Gateways
- System-on-Chip
- Cloud-Based
- Protocol
- PROFINET
- EtherCAT
- Modbus
- Geography
- North America
- US
- Canada
- Europe
- France
- Germany
- Italy
- UK
- Middle East and Africa
- Egypt
- KSA
- Oman
- UAE
- APAC
- China
- India
- Japan
- South America
- Argentina
- Brazil
- Rest of World (ROW)
- North America
By Application Insights
The remote monitoring segment is estimated to witness significant growth during the forecast period.
The market encompasses a range of technologies and applications that facilitate seamless communication and integration between various industrial systems. One significant segment of this market is remote monitoring, which involves the use of software applications to monitor and manage industrial processes from a distance. These applications enable real-time data collection and analysis from connected devices, such as sensors and machines, using technologies like cloud computing, the Internet of Things (IoT), and data analytics. By leveraging remote monitoring, businesses can optimize operational efficiency, improve industrial security, and enhance industrial automation. Industrial ethernet, Ethernet/IP, CAN bus, and serial communication are among the protocols used for connectivity solutions in this market.
OPC UA, protocol conversion, and data aggregation are essential components of these applications. Smart factories, building automation, energy management, and predictive maintenance are some of the key areas where remote monitoring is being adopted to drive cost optimization and improve performance. Edge Computing and machine-to-machine communication are also gaining traction in the market, enabling real-time data processing and analysis at the source. Overall, the remote monitoring segment is a crucial part of the industrial multiproprotocol gateways market, providing valuable insights and control for businesses in various industries.
The Remote monitoring segment was valued at USD 104.60 million in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
Europe is estimated to contribute 34% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
The market in North America is witnessing substantial growth, driven by the increasing adoption of smart manufacturing and industrial automation technologies. These gateways serve as a vital link between disparate industrial protocols, ensuring seamless communication and interoperability among various devices and systems. The demand for Industrial Internet of Things (IIoT) solutions is a primary growth factor in the market. IIoT enables real-time data monitoring and analysis, which is essential for industrial organizations to enhance operational efficiency and productivity. Multiprotocol gateways play a pivotal role in enabling connectivity and data exchange between diverse devices and sensors, thereby facilitating the implementation of IIoT solutions.
Industrial automation systems, SCADA, and process control applications rely on various communication protocols such as OPC UA, Ethernet/IP, CAN Bus, and Serial Communication. Multiprotocol gateways support these protocols, enabling system integration and data aggregation. Furthermore, edge computing, cloud connectivity, and machine-to-machine communication are transforming industrial environments, requiring multiprotocol gateways for protocol conversion and data security. Building automation, energy management, and device management systems also leverage multiprotocol gateways for data logging, fault detection, and predictive maintenance. Cost optimization and operational efficiency are critical factors for industrial organizations. Multiprotocol gateways help reduce hardware and integration costs by enabling the use of existing devices and systems while ensuring secure data exchange.
Real-time data analytics and data analytics platforms rely on multiprotocol gateways for data acquisition and conversion, enhancing the value of industrial data. In conclusion, the market in North America is witnessing significant growth due to the increasing adoption of smart factories, digital transformation, and IIoT solutions. Multiprotocol gateways play a crucial role in enabling seamless communication and interoperability among various industrial systems and devices, ensuring operational efficiency and cost optimization.
Market Dynamics
The Industrial Multiprotocol Gateways Market is expanding with industrial multiprotocol gateways, IoT gateways, and protocol converters enabling seamless connectivity. Edge gateways and secure industrial gateways ensure robust data transfer, while AI-powered multiprotocol gateways and 5G-enabled gateways drive innovation. Cybersecurity-enhanced gateways protect sensitive systems, particularly in healthcare. IoT gateways for dental clinics, secure hospital equipment networking, diagnostic imaging system gateways, and orthodontic device connectivity solutions address niche needs. Multiprotocol gateways for medical IoT and edge computing gateways for hospitals enhance interoperability. Industrial multiprotocol gateways market trends highlight sustainable industrial gateway solutions and cloud-connected industrial gateways. The industrial multiprotocol gateways forecast underscores modular gateways for healthcare systems and industrial IoT gateways Europe, shaping future automation.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
What are the key market drivers leading to the rise in the adoption of Industrial Multiprotocol Gateways Industry?
- The increasing importance of IoT gateways serves as the primary catalyst for market growth.
- In the realm of Industrial Internet of Things (IoT), Multiprotocol Gateways play a pivotal role in ensuring seamless communication between various devices and networks. These gateways bridge the gap between operational technology (OT) and information technology (IT), enabling data transfer from sensors and devices to the analysis layer for valuable insights. The Industrial IoT ecosystem comprises several layers, including the measurement component layer, collection and distribution layer, and analysis layer. Sensors and devices form the foundation, responsible for measuring changes in industrial processes. Multiprotocol Gateways, as intermediaries, facilitate data collection and transfer to the upper layers for further processing.
- IoT technology's widespread adoption in industries is fueled by the availability of various gateway protocols, such as CAN Bus, Serial Communication, Industrial Ethernet, and Data Analytics. These protocols enable smooth communication between different networks, ensuring operational efficiency. Moreover, hardware platforms and energy management systems can be integrated with gateways to optimize resource utilization and device management. In conclusion, Multiprotocol Gateways are essential components of the Industrial IoT ecosystem, enabling seamless data transfer between devices and networks. The adoption of these gateways is on the rise due to the increasing demand for real-time data analytics and device management in various industries.
- IoT technology's potential to enhance operational efficiency, reduce downtime, and improve overall productivity makes it an attractive investment for businesses.
What are the market trends shaping the Industrial Multiprotocol Gateways Industry?
- The development of system-on-chips (SoCs) specialized in multiprotocol communication is currently a significant market trend. This technological advancement enables devices to support multiple communication protocols, enhancing interoperability and versatility in various industries.
- Industrial Multiprotocol Gateways have gained significant attention in the realm of industrial automation due to their ability to support multiple communication protocols. Providers of chips and modules are responding to this demand by offering System-On-Chip solutions that can support various wireless standards, including sub-gigahertz proprietary frequencies and standards-based protocols in the 2.4-GHz band. This flexibility is particularly beneficial for Internet of Things (IoT) developers and manufacturers, enabling them to create devices suitable for diverse applications. Texas Instruments' Sitara AMIC110 is a notable example of a multiprotocol industrial communication processor. It simplifies industrial ethernet communication and offers design versatility by supporting over ten industrial Ethernet and Fieldbus communication standards.
- This ready-to-use solution streamlines the integration of SCADA systems, data logging, digital transformation, industrial security, remote monitoring, and OPC UA applications. As connectivity solutions continue to evolve, the demand for multiprotocol gateways is expected to grow, providing opportunities for manufacturers and developers in the industrial automation sector.
What challenges does the Industrial Multiprotocol Gateways Industry face during its growth?
- Traditional mechanisms have created significant barriers that hinder industry growth, making it essential for organizations to adapt and innovate in order to overcome these challenges and drive progress.
- The industrial sector's growing energy demands, driven by economic growth, necessitate the adoption of energy management solutions. These solutions include Supervisory Control and Data Acquisition (SCADA) and Data Center Infrastructure Management (DCIM) software. For power monitoring applications, converting Modbus TCP to Modbus RTU/ASCII protocols is essential. In large-scale power monitoring devices, Modbus gateways facilitate this conversion. These gateways employ transparent mode communications, typically using the round-robin polling mechanism. Moreover, the integration of edge computing and building automation systems necessitates system integration capabilities in Modbus gateways. Fault detection and data security are crucial aspects of these systems. Cost optimization is another essential factor, making it necessary for Modbus gateways to offer efficient and cost-effective solutions.
- Predictive maintenance is also a desirable feature, enabling preventive measures and minimizing downtime. Ethernet/IP integration is increasingly becoming a requirement for seamless communication between devices and systems. In conclusion, the demand for energy management solutions, coupled with the need for system integration, fault detection, data security, cost optimization, predictive maintenance, and Ethernet/IP integration, is driving the growth of the market. Modbus gateways, with their ability to facilitate protocol conversions and offer advanced features, play a significant role in addressing these requirements.
Exclusive Customer Landscape
The industrial multiprotocol gateways market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the industrial multiprotocol gateways market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Key Companies & Market Insights
Companies are implementing various strategies, such as strategic alliances, industrial multiprotocol gateways market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
ABB Ltd. - The company specializes in the development and distribution of innovative sports products, leveraging cutting-edge research and technology to enhance athlete performance and overall fitness experiences.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
- ABB Ltd.
- Advantech Co. Ltd.
- Artila Electronics Co. Ltd.
- Atop Technologies
- Cisco Systems Inc.
- Digi International Inc.
- HMS Networks AB
- Honeywell International Inc.
- Intel Corp.
- International Business Machines Corp.
- Kessler Ellis Products
- Larsen and Toubro Ltd.
- Moxa Inc.
- MSA Safety Inc.
- Multi Tech Systems Inc.
- Novus International Inc.
- Pepperl and Fuchs SE
- Samsara Inc.
- Softing AG
- Texas Instruments Inc.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Recent Development and News in Industrial Multiprotocol Gateways Market
- In February 2023, Schneider Electric, a leading energy management and automation company, announced the launch of its new EcoStruxure⢠ICS Multiprotocol Gateway, expanding its IoT-enabled, open, and interoperable solutions portfolio (Schneider Electric Press Release, 2023). This gateway supports over 150 industrial communication protocols, enabling seamless integration of diverse industrial devices and systems.
- In May 2024, Honeywell and Siemens announced a strategic partnership to develop and market a new line of multiprotocol gateways, combining Honeywell's expertise in industrial automation and Siemens' strength in communication technologies (Honeywell-Siemens Partnership Press Release, 2024). The collaboration aims to address the growing demand for interoperability and connectivity in industrial automation systems.
- In October 2024, PTC, a technology company specializing in Industrial IoT and AR solutions, raised USD150 million in a funding round, boosting its efforts to expand its Kepware product line, which includes multiprotocol gateways (PTC Funding Round Announcement, 2024). This investment will support the development of advanced gateway technologies and the expansion of its global market presence.
- In January 2025, the European Union's Industrial Internet Platform (EU-IoT) launched a new initiative to standardize industrial communication protocols, promoting the adoption of multiprotocol gateways in European industries (EU-IoT Initiative Press Release, 2025). This initiative aims to enhance interoperability and reduce complexity in industrial automation systems, enabling a more connected and efficient European manufacturing sector.
Research Analyst Overview
The market is experiencing significant growth, driven by the increasing demand for data analysis tools in industrial settings. These gateways enable seamless communication between devices using different proprietary protocols, facilitating actuator control, remote access, and maintenance contracts. Data visualization and firmware updates are essential features for optimizing industrial processes and improving system configuration. Wireless communication and cellular connectivity are key trends in the market, enabling remote diagnostics and alarm management. Secure communication protocols and intrusion detection are crucial for ensuring data integrity in industrial networks. Sensor integration and deployment services are also important considerations for businesses seeking to leverage open source solutions and technical support.
Multi-protocol support and cloud platform integration are critical features for businesses looking to streamline their operations. Gateway hardware and training and documentation are also essential components of the market, ensuring efficient and effective implementation and management of these technologies. Data synchronization and technical support are vital for maintaining the reliability and performance of industrial multiprotocol gateways.
Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Industrial Multiprotocol Gateways Market insights. See full methodology.
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Market Scope |
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Report Coverage |
Details |
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Page number |
179 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 11.22% |
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Market growth 2024-2028 |
USD 230.5 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
9.8 |
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Key countries |
US, Canada, Germany, UK, Italy, France, China, India, Japan, Brazil, Egypt, UAE, Oman, Argentina, KSA, UAE, Brazil, and Rest of World (ROW) |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
What are the Key Data Covered in this Industrial Multiprotocol Gateways Market Research and Growth Report?
- CAGR of the Industrial Multiprotocol Gateways industry during the forecast period
- Detailed information on factors that will drive the growth and forecasting between 2024 and 2028
- Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
- Accurate predictions about upcoming growth and trends and changes in consumer behaviour
- Growth of the market across North America, Europe, APAC, South America, and Middle East and Africa
- Thorough analysis of the market's competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the industrial multiprotocol gateways market growth of industry companies
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