Global Cellular Routers and Gateways Market: Introduction
Cellular routers and gateways can be referred to as a technology which efficiently enables connectivity between isolated networks, giving greater flexibility to build secure applications. cellular routers and gateways enables organizational assets i.e. people, locations, and infrastructure securely to the enterprise network, and allows the individual to remotely configure, deploy, manage, and monitor these assets with cloud-based or on-premise management systems.
Some of the major applications of cellular routers and gateways are vehicle networking, enterprise networking, and industrial networking.
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Global Cellular Routers and Gateways Market – Dynamics
Rising Demand for Networked Devices Driving the Growth of the Cellular Routers and Gateways Market
Increasing number of IoT connected devices
The number of IoT connected devices across the globe has increased in the past 5-6 years, consequently increasing the need for strong networks. Globally, penetration of cellular devices and smartphones has also increased exponentially. Smartphones are growing at a double digit rate annually. Growth in IoT connected devices and smartphones, and increasing need for strong networked devices for better connectivity is driving the growth of the cellular routers and gateways market.
Rising Need to Monitor Organizational Assets
The major applicability of cellular routers and gateways is to monitor organizational assets. Need for asset management has increased greatly across the globe and in all types of organizations i.e. small and medium, as well as large. Cellular routers and gateways have enabled better monitoring and management of the assets within the organization through enterprise networking. Proper management of assets helps an organization to achieve economies of scale. Such positive outcomes through cellular routers and gateways are driving the growth of the cellular routers and gateways market.
Security and Network Transmission Issues
Cellular routers and gateways models rely heavily on cloud services and are susceptible to service impairment or control loss, data leakage, service loss including service interruption, or in worse cases monetary loss. User experience may also be affected by unstable network transmission at some places and this would limit the reach of cloud based services.
North America Expected to Dominate the Global Cellular Routers and Gateways Market
In terms of region, the global cellular routers and gateways market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is expected to dominate the global cellular routers and gateways market during the forecast period, as the adoption of smart devices and networked devices in North America is comparatively high compared to other regions.
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Global Cellular Routers and Gateways Market – Competitive Landscape
- In July 2018, AirLink LX40, one of the most compact cellular routers for IoT was launched by Sierra Wireless. It enables secure, managed connectivity out of the box for business-critical IoT and enterprise applications.
Advantech Co., Ltd.
Established in 1981, Advantech Co., Ltd. manufactures and sells embedded computing boards, industrial automation products, and applied computers. The company is highly focused on IoT intelligent systems and embedded platforms. In 2018, the company coverd nearly 34% of the worldwide market share in Industrial PC.
Incorporated in 1987, Moxa is a provider of industrial networking, computing, and automation solutions to enable Industrial Internet of Things. Moxa's industrial cellular solutions are designed for WWAN (Wireless Wide Area Network) communications with serial and Ethernet devices over cellular networks.
Global Cellular Routers and Gateways Market: Segmentation
The global cellular routers and gateways market can be segmented based on:
Global Cellular Routers and Gateways Market, by Component
Based on component, the global cellular routers and gateways market can be divided into:
Global Cellular Routers and Gateways Market, by Type
Based on type, the global cellular routers and gateways market can be segregated into:
Regional analysis of the global cellular routers and gateways market includes:
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.