Electrical And Electronics Manufacturing

Global Cellular M2M Market Size, Forecasts, And Opportunities

November 19, 2021 by The Business Research Company

Learn about the global cellular M2M market through The Business Research Company, which provides information on cellular M2M market size, cellular M2M market drivers and restraints, cellular M2M market players, the COVID-19 impact on the cellular M2M market, and more.

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The global cellular M2M market is expected to grow from $7.19 billion in 2020 to $8.76 billion in 2021 at a compound annual growth rate (CAGR) of 21.77%. The growth is mainly due increasing adoption of wireless connectivity across industries to improve operational efficiency, quality of products and services, and technologies advancements in connectivity are also enhancing the market growth. The cellular M2M market is expected to reach $23.79 billion in 2025 at a CAGR of 28.37%.

The adoption of technologies with high-speed internet and connectivity, such as 4G and 5G is expected to drive innovation in cellular M2M manufacturing, thus driving the market during the forecast period.

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The cellular M2M market consists of sale of cellular machine to machine (M2M) and related services by entities (organizations, sole traders and partnerships) that provides cellular M2M products and solutions. Cellular M2M is the communication between any two devices from any location with enabled (subscriber identity module) SIM cards. The machines can be in communication through a wireless or wired connection. Cellular M2M is used for applications such as asset tracking and monitoring, predictive maintenance, telemedicine, fleet management, warehouse management, industrial automation, and smart meters.

Global cellular M2M market segments include:

By Services: Connectivity Services, Professional Services, Managed Services

By Organization Size: Large Enterprises, Small And Medium Enterprises (SMEs)

By Application: Asset Tracking And Monitoring, Predictive Maintenance, Telemedicine, Fleet Management, Warehouse Management, Industrial Automation, Smart Meter, Others

By End-User: Healthcare, Energy And Utilities, Transportation And Logistics, Manufacturing, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the cellular M2M market in 2020.

The companies in the cellular M2M market are increasingly investing in integrating payment terminals to cater to the growing demand for mobile payments. The companies in the market are increasingly integrating flexible point of sale systems with fully integrated UX, to cater to the changing purchasing behavior.

TBRC’s cellular M2M market report covers:

Major Market Players: Deutsche Telekom AG, AT&T Inc., Verizon Communications Inc., China Mobile, Telefonica S.A., Aeris, China Telecom, 10T, Arm Holdings, Infineon, Kore Wireless, Orange S.A., SK Telecom, Vodafone Group PLC, and Sierra Wireless.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Cellular M2M Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides cellular M2M market overviews, analyzes and forecasts market size, share, cellular M2M market players, cellular M2M market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s cellular M2M market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here is a list of similar reports from The Business Research Company:

Cellular Telephones Global Market Report 2020

Cellular Or Mobile Telephone Services Global Market Report 2021

Broadcast Communications Equipment Global Market Report 2021

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