[ad_1] Factors such as technological developments and the exponential growth of internet-connected and operated devices will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The internet of things market is fragmented, and the degree of fragmentation will
[ad_1] Drivers and Challenges Technavio has identified the major drivers and challenges that impact the industrial IoT gateway market. According to our research, leveraging manufacturing data for predictive maintenance is propelling market growth. However, factors such as high installation cost due to the need for multiple gateways may hamper the market during the forecast period.