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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 due to the increasing prominence of Internet of Things (IoT) gateways in industrial automation. These gateways facilitate seamless communication between various industrial protocols and IoT platforms, enabling real-time data exchange and analysis. Another growth factor is the development of system-on-chip (SoC) solutions for multi-protocol communication, which reduces the complexity and cost of implementing multiple communication interfaces. However, the market faces challenges due to the barriers created by traditional mechanisms for communication and interoperability between different industrial protocols and systems. These challenges necessitate the need for standardization and interoperability solutions to ensure smooth data flow and integration in industrial automation systems.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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