Global Cellular M2M Market Report 2021: Market Expected to Reach $ 23.79 Billion in 2025 at a CAGR of 28.37% – Long Term Forecast to 2030 – ResearchAndMarkets.com


DUBLIN – (COMMERCIAL THREAD)–The “Global Cellular M2M Market Report 2021: Growth and Change Related to COVID-19” report was added to ResearchAndMarkets.com offer.

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 to the increasing adoption of wireless connectivity across all industries to improve operational efficiency, product and service quality, and technological advancements in connectivity are also improving the market growth.

The market is expected to reach $ 23.79 billion in 2025 at a CAGR of 28.37%.

The main players in the M2M cellular market are Deutsche Telekom AG, AT&T Inc., Verizon Communications Inc., China Mobile, Telefonica SA, Aeris, China Telecom, 10T, Arm Holdings, Infineon, Kore Wireless, Orange SA, SK Telecom, Vodafone Group PLC and Sierra Wireless.

The cellular M2M market consists of the sale of cellular machine to machine (M2M) and related services by entities (organizations, independent traders and partnerships) that provide cellular M2M products and solutions. Cellular M2M is communication between two devices from any location with activated SIM cards (subscriber identity module). The machines can be in communication via 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 metering.

The main types of cellular M2M services are connectivity services, professional services, and managed services. Professional cellular M2M services are available to assist customers in the development and deployment of custom M2M (machine-to-machine) applications and solutions. M2M cellular services are offered to large enterprises and small and medium enterprises (SMEs) for various applications such as asset tracking and monitoring, predictive maintenance, telemedicine, fleet management, warehouse management, l automation, smart meters and the like and are applied in various fields such as healthcare, energy and utilities, transportation and logistics, manufacturing and other industries.

North America was the largest region of the cellular M2M market in 2020. Asia-Pacific is expected to be the fastest growing region during the forecast period. The regions covered in this report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East & Africa.

The adoption of technologies with broadband internet and connectivity, such as 4G and 5G, is expected to fuel the growth of M2M cellular market during the forecast period. Wireless networks are increasingly common in all industries as they are used to communicate with consumers and make operations more flexible. M2M communications can be performed over wide area networks (WANs), which are enabled by cellular networks. The speed and reliability of 5G is expected to have a huge impact on M2M. For example, the 5G services market is expected to grow from 69.39 million in 2020 to 177.87 million in 2025, thereby supporting the growth of the market. Hence, the adoption of high-speed internet and connectivity technologies, such as 4G and 5G, is expected to drive the growth of the cellular M2M market.

Companies in the market are investing more and more in the integration of payment terminals to meet the growing demand for mobile payments. Companies in the marketplace are increasingly integrating flexible point of sale systems with fully integrated UX, to respond to changing buying behaviors.

Main topics covered:

1. Summary

2. Characteristics of the cellular M2M market

3. Cellular M2M Market Trends and Strategies

4. Impact of COVID-19 on cellular M2M

5. Size and growth of the cellular M2M market

5.1. Global historical cellular M2M market, 2015-2020, in billions

5.1.1. Market pilots

5.1.2. Market restrictions

5.2. Global Cellular M2M Forecast Market, 2020-2025F, 2030F, Billion

5.2.1. Market pilots

5.2.2. Market restrictions

6. Cellular M2M market segmentation

6.1. Global cellular M2M market, segmentation by services, history and forecast, 2015-2020, 2020-2025F, 2030F, billion

  • Connectivity services

  • Professional services

  • Managed Services

6.2. Global cellular M2M market, segmentation by organization size, history and forecast, 2015-2020, 2020-2025F, 2030F, billion

  • Large companies

  • Small and medium-sized enterprises (SMEs)

6.3. Global cellular M2M market, segmentation by application, history and forecast, 2015-2020, 2020-2025F, 2030F, billion

  • Asset tracking and monitoring

  • Predictive maintenance

  • Telemedecine

  • Fleet management

  • Warehouse management

  • Industrial automation

  • Smart meter

  • Others

6.4. Global cellular M2M market, segmentation by end user, history and forecast, 2015-2020, 2020-2025F, 2030F, billion

  • Health care

  • Energy and utilities

  • Transport and logistics

  • Manufacturing

  • Others

7. Regional and Country Analysis of Cellular M2M Market

7.1. Global cellular M2M market, divided by region, historical and forecast, 2015-2020, 2020-2025F, 2030F, billion

7.2. Global cellular M2M market, divided by country, historical and forecast, 2015-2020, 2020-2025F, 2030F, billion

Companies mentioned

  • Deutsche Telekom AG

  • AT&T Inc.

  • Verizon Communications Inc.

  • China mobile

  • Telefonica SA

  • Aeris

  • China Telecom

  • 10T

  • Own arms

  • Infineon

  • Wireless kore

  • Orange SA

  • Sk Telecom

  • Vodafone PLC Group

  • Sierra wireless

For more information on this report, visit https://www.researchandmarkets.com/r/4tbo6e


Source link

Previous There's phantom inflation happening all around us
Next Overview of the global carrier rocket market to 2030

No Comment

Leave a reply

Your email address will not be published. Required fields are marked *