Market overview
The cellular M2M market size is projected to grow at a $5.5386 Billion with a Compound Annual Growth Rate (CAGR) of 6.12% by 2030
Key Players
The key players in the global cellular M2M market are identified based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. These include AT&T ( US ) , Verizon ( US ) , T-Mobile ( US ) , Deutsche Telekom ( Germany ) , Orange S.A. ( France ) , Telefonica ( Spain ) , Vodafone ( UK ) , Ericsson ( Sweden ) , Kore Wireless ( US ) , Aeris ( US ) , Arm holdings ( UK ) , China Mobile ( China ) , Infineon ( Germany ) , Thales Group ( France ) , Orbocomm ( US ) , Telit ( UK ) , Giesecke+Devrient ( Germany ) , Cubic Telecom ( Ireland ) , KPN ( Netherlands ) , A1 Digital ( Austria ) , SK Telecom ( South Korea ) , Rogers Communications ( Canada ) , Telenor Connexion ( Sweden ) , Truphone ( UK ) , and 1oT ( Estonia )
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Market Highlights
The global cellular M2M market has been segmented based on services , application , end user , organization size , and region.
Based on services , the cellular M2M market has been segmented into Connectivity services , Professional services, Managed services
Based on application , the cellular M2M market has been segmented into Asset tracking and monitoring, Predictive maintenance, Telemedicine, Fleet management , Warehouse management , Industrial automation , Smart meter , Others. Furthermore , the other segment is sub segmented into connected cars , point of sale ( POS ) , and digital signage
Based on end user , the cellular M2M market has been segmented into Healthcare, Energy and utilities, Transportation and logistics , Manufacturing , Others. Furthermore , the other segment is sub dived into Automotive and Retail
Based on Organization Size , the cellular M2M market has been segmented into Large Enterprises , Small and Medium Enterprises ( SMEs ))
Based on region , the cellular M2M market has been segmented into North America , Asia-Pacific , Europe , the Middle East & Africa , and South America
Regional Analysis:
The global Cellular M2M market is expected to expand at an 72.00% CAGR during the forecast period, to reach 16,092.5 million by 2026. The geographic analysis of the Cellular M2M market has been conducted in North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
North America is expected to be the dominating region due to the faster adoption of innovative technologies in developed countries such as the US and Canada. The US accounted for the largest market share, followed by Canada and Mexico. This growth can be attributed to increasing acceptance of the cellular M2M in the business operations across various industries. The main factor driving the Cellular M2M market in this region is the strong presence of key industry players offering Cellular M2M solutions.
The European market has been segmented into the UK, Germany, France, and the rest of Europe. In terms of market size, Europe is expected to be the second-largest regional market. The UK is projected to be the leading country-level market, while Germany is expected to register the highest growth over the review period. Growing need for data reliability and efficiency, embedded telecommunications in the region are boosting the market growth.
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The market in Asia-Pacific is projected to register the fastest growth rate over the forecast period, with the regional market being segmented into China, Japan, India, and the rest of Asia-Pacific. This share is attributable to increasing adoption of M2M value-added services to ensure vehicle safety and security of vehicles and drivers in small scale enterprises.
The Middle East & African and South American markets have started adopting these new connectivity technologies recently. The service providers and enterprises from manufacturing, government, and defense sectors in this region have started adopting this technology.
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Market HighlightsGlobal Cellular M2M Market has been segmented based on Services Application, End User, Organization Size, and Region.Based on services, the cellular M2M market has been segmented into Connectivity services, Professional services, and Managed servicesBased on application, the cellular M2M market has been segmented into Asset tracking and monitoring, Predictive maintenance, Telemedicine, Fleet management, Warehouse management, Industrial automation, Smart meter, others.
Furthermore, the other segment is sub segmented into connected cars, point of sale (POS), and digital signageBased on end user, the cellular M2M market has been segmented into Healthcare, Energy and utilities, Transportation and logistics, Manufacturing, Others.
Furthermore, the other segment is sub dived into Automotive and RetailBased on Organization Size, the cellular M2M market has been segmented into Large Enterprises, Small and Medium Enterprises (SMEs)Based on region, the cellular M2M market has been segmented into North America, Asia-Pacific, Europe, the Middle East & Africa, and South AmericaGet a Free Sample @ https://www.marketresearchfuture.com/sample_request/10450Key PlayersThe key players in the global cellular M2M market are identified based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise.
These include AT ( US ) , Verizon ( US ) , T-Mobile ( US ) , Deutsche Telekom ( Germany ) , Orange S.A. ( France ) , Telefonica ( Spain ) , Vodafone ( UK ) , Ericsson ( Sweden ) , Kore Wireless ( US ) , Aeris ( US ) , Arm holdings ( UK ) , China Mobile ( China ) , Infineon ( Germany ) , Thales Group ( France ) , Orbocomm ( US ) , Telit ( UK ) , Giesecke+Devrient ( Germany ) , Cubic Telecom ( Ireland ) , KPN ( Netherlands ) , A1 Digital ( Austria ) , SK Telecom ( South Korea ) , Rogers Communications ( Canada ) , Telenor Connexion ( Sweden ) , Truphone ( UK ) , and 1oT ( Estonia )Regional AnalysisGlobal Cellular M2M Market is expected to expand at an 72.00% CAGR during the forecast period, to reach 16,092.5 Million by 2026.
The geographic analysis of the Cellular M2M market has been conducted in North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.North America is expected to be the dominating region due to the faster adoption of innovative technologies in developed countries such as the US and Canada.
This growth can be attributed to increasing acceptance of the cellular M2M in the business operations across various industries.
According to research report "Cellular M2M Market by Service (Connectivity, Professional, and Managed), Application (Asset Tracking and Monitoring, Predictive Maintenance, Telemedicine, and Fleet Management), End User, Organization Size, and Region - Global Forecast to 2025", size is projected to grow from USD 8.3 billion in 2020 to USD 21.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 20.4% during the forecast period.
The major factors driving the growth of the cellular M2M market include growing adoption of high-speed internet and connectivity technologies, such as 4G and 5G; significant cost reduction of connectivity applications enabling an increase in the adoption of connected devices and services; increasing software application integration in devices for improving performance; increasing demand for remote monitoring of the devices for cost-effectiveness; and high growth of government regulations in telecom and communications sector.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=228633446Browse 276 market data Tables and 36 Figures spread through 236 Pages and in-depth TOC on "Cellular M2M Market by Service (Connectivity, Professional, and Managed), Application (Asset Tracking and Monitoring, Predictive Maintenance, Telemedicine, and Fleet Management), End User, Organization Size, and Region - Global Forecast to 2025"By services, the connectivity services segment to lead the market during the forecast periodThe demand for connectivity services is increasing with the rise in complicated applications being deployed by customers.
The M2M asset tracking application helps businesses efficiently track their assets to improve employee safety, drive process automation, and optimize their supply chain.
With the help of cellular M2M solutions, the logistic and transportation processes are being innovated, and companies are implementing customizable solutions for the efficient functioning of the supply chain and delivery systems.APAC to grow at a higher CAGR during the forecast periodAPAC is driven by the growing acceptance of cloud-based solutions, emerging technologies such as the IoT, and big data analytics and mobility.
Various business enterprises located in the region are partnering with fellow mobile network operators and communication service providers to enhance and provide tailor-made offerings to cater to the local enterprise firms.Speak to Our Expert Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=228633446Key players operating in the cellular M2M market include AT (US), Verizon (US), T-Mobile (US), Deutsche Telekom (Germany), Orange S.A. (France), Telefonica (Spain), Vodafone (UK), Ericsson (Sweden), Kore Wireless (US), Aeris (US), Arm holdings (UK), China Mobile (China), Infineon (Germany), Thales Group (France), Orbocomm (US), Telit (UK), Giesecke+Devrient (Germany), Cubic Telecom (Ireland), KPN (Netherlands), A1 Digital (Austria), SK Telecom (South Korea), Rogers Communications (Canada), Telenor Connexion (Sweden), Truphone (UK), and 1oT (Estonia).
These players have adopted various organic and inorganic strategies to grow in the global cellular M2M market.About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
The Global M2M Cellular Modules Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on modules types and verticals.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global M2M Cellular Modules Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/8786-m2m-cellular-modules-market-reportThe report also covers the complete competitive landscape of the global M2M Cellular Modules market with company profiles of key players such as:Cinterion Wireless ModulesEnfora Inc.EricssonGemaltoKyocera CorporationMotorola IncNeowayNovatel WirelessSierra WirelessSIMCOM Wireless SolutionsSony CorporationSony EricssonZTE CorporationA detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Modules Type:GPRSEDGECDMA2000UMTS/HSPAWiMAXLTEBy Verticals:UtilitiesSecurityAutomotiveTransport & LogisticsNetworking,HealthcareBanking & Financial ServicesBy Geography:North AmericaEuropeAsia PacificRest of the WorldDownload Free Sample Report of Global M2M Cellular Modules Market @ https://www.decisiondatabases.com/contact/download-sample-8786The Global M2M Cellular Modules Market has been exhibited in detail in the following chapters –Chapter 1 M2M Cellular Modules Market PrefaceChapter 2 Executive SummaryChapter 3 M2M Cellular Modules Industry AnalysisChapter 4 M2M Cellular Modules Market Value Chain AnalysisChapter 5 M2M Cellular Modules Market Analysis By Modules TypeChapter 6 M2M Cellular Modules Market Analysis By VerticalsChapter 7 M2M Cellular Modules Market Analysis By GeographyChapter 8 Competitive Landscape Of M2M Cellular Modules CompaniesChapter 9 Company Profiles Of M2M Cellular Modules IndustryPurchase the complete Global M2M Cellular Modules Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-8786Other Reports by DecisionDatabases.com:Global Computer On Module (COM) Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Camera Module Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Powertrain Control Module Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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