The study reveals that is trending in North America region. The Global M2M connections has been dominated by two sectors consisting of consumer electronics including cameras, music players and TVs and intelligent buildings such as security and HVAC systems. The major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players.
The study indicates that the M2M module unit shipments are dominated by 4G today, but soon 5G will rule the revenue opportunity with the shift toward broadband technologies, and it will emerge as the fastest-growing technology segment in terms of percentage of units. The deployment of 4G LTE technologies in the automotive sector is among the major reasons for the increased adoption of M2M systems. While, the consumer electronics segment is the second largest and most important vertical sector, driven by connected car deployments.
The Machine-to-Machine (M2M) Connections Market is growing rapidly over 9.9 % of CAGR and is expected to reach at USD ~$27.05 Billion by the end of forecast period.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Machine-to-Machine (M2M) Connections Market Research Report -Forecast to 2023”.
The prominent players in the Machine-to-Machine (M2M) Connections Market are – AT&T Inc. (U.S), Deutsche Telekom A G (Germany), NTT Data (Japan), Telenor Group (Norway), Intel Corporation (US), Texas Instruments Incorporated (US), Gemalto N.V. (Netherlands), Vodafone Group PLC (UK), Telit Communications (UK), U-blox Holding AG (Switzerland), and Verizon Communications, Inc. (U.S) among others.
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Market Research Analysis:
On geographic basis, Machine-to-Machine (M2M) Connections market is studied in different regions as North America, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with the highest growth rate in the Machine-to-Machine (M2M) Connections market as the wide-scale adoption of M2M connectivity technologies in several industries such as manufacturing, BFSI and among others is the key factor supporting the growth of the M2M connections market in this region. The developing economies in Asia-pacific regions like China, Japan, India and others are propelled to good growth in the Machine-to-Machine (M2M) Connections market. Asia Pacific is growing most quickly, buoyed by the tremendous investments being made in China
The global Machine-to-Machine (M2M) Connections market has been segmented on the basis of technology, product, end users and region.
Machine-to-Machine (M2M) Connections Market by Technology:
- Wired Technologies
- Wireless Technologies
- Cellular Network
- Short Range
Machine-to-Machine (M2M) Connections Market by Product:
- IoT & M2M Modems
- Modules Mobile point of sale
- Wireless beacons
Machine-to-Machine (M2M) Connections Market by End-User:
- Government and defense
- Automotive & Transportation
- Consumer Electronics
- Security & Surveillance
Machine-to-Machine (M2M) Connections Market by Region:
- North America
- Asia Pacific (APAC)
- Rest of the World (ROW)
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- Machine-to-Machine (M2M) Connections device manufacturers
- Technology Providers of Machine-to-Machine Systems
- Technical Universities
- Research Institutes and Organizations
- Component Suppliers
- Machine-to-Machine Equipment Manufacturers
- Suppliers and Distributors of Machine-to-Machine (M2M) Connections
- Standardization and Testing Firms
- Raw material and manufacturing equipment suppliers
- Semiconductor wafer vendors
- Telecom operators
- Application providers
- Safety equipment manufacturers
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