In 2023, the IoT edge gateways market was valued at approximately USD 12.58 billion, poised to expand from USD 14.83 billion in 2024 to USD 55.5 billion by 2032, reflecting a projected compound annual growth rate (CAGR) of about 17.94% during the forecast period spanning from 2024 to 2032. https://www.openpr.com/news/3565827/iot-edge-gateways-market-projected-to-reach-usd-55-5-billion