The Internet of Things has led to the rise of a new era of computing where intelligent applications are continuously monitored. Also, connected devices need to be efficiently controlled, thereby continuously transforming information into knowledge. By intelligently gathering and analyzing huge amounts of data, smart systems can constantly optimize business flows and automate industrial control processes thereby improving productivity, decision making, and financial results. In the IoT life cycle, intelligent systems continue to convert raw data into meaningful and actionable information.
Intelligent gateways are essential for enabling high performance, speed, and resiliency. It plays an important role in the creation and deployment of a wide variety of new connected applications and services for diverse environments.
Using intelligent gateways, unified solutions processes and collects real time industrial control data. It executes the business logic at the network edge based on real time conditions for scalability and high performance.
A major driver of the intelligent gateways includes the exponential rise in the amount of data generated within enterprises. According to a Cisco Systems Inc.
Additionally, the amount of traffic from wireless and mobile devices will account for 7% of total IP traffic by 2022. Apart from this, various organizations undergoing digital transformation need to integrate cloud based storage with the legacy systems. Increasing need for data encryption to protect a company’s critical information, and demand for efficient disaster recovery and backup has also led to the growth of the intelligent gateways market globally.
Some of the major restraints affecting the growth of the intelligent gateways market include high implementation cost and challenges involved during the digital transformation process within enterprises.
Major players operating in the global intelligent gateways include Aricent Inc., Microchip Technology Inc., Intel Corporation, Advantech Co., Ltd., Hewlett Packard Enterprise (HPE), Maldivica Inc., Cisco Systems Inc, NXP Semiconductors, ADLINK Technology Inc., Huawei Technologies Co., Ltd. and many others. These vendors continue to invest considerably in research & development (R&D) in order to integrate advanced technologies into their solutions and introduce innovative products to increase market share. Also, these vendors continue to establish new partnerships with local players so as to expand their presence and increase market share in regional markets.
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