In-Depth Exploration of the Machine-to-Machine (M2M) Connections Market: Enriching Industry Understanding, Envisioning Trends, Evaluating Growth Catalysts, and Forecasting Advancements from 2023 to 2030.
Report Ocean has recently released a comprehensive research report on the global Machine-to-Machine (M2M) Connections Market. The report offers a detailed analysis of various market characteristics, such as size, growth, segmentation, regional and country breakdowns, competitive environment, market shares, trends, and strategies. It also provides insights into the impact of the COVID-19 pandemic on the market.
Global Machine-to-Machine (M2M) Connections Market is valued approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2030.
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The Machine-to-Machine (M2M) Connections can be defined as a communication between devices through application of any means of communication including wired or wireless. M2M connections enable devices on a network to make autonomous decisions without application of any manual actions. M2M connections are widely used in manufacturing sector, it’s also used in other sectors which include healthcare, insurance, and the Internet of Things (IoT) among others. The growing penetration connected devices worldwide and rising automotive and transportation sector as well as recent acquisition activities from leading market players are factors that are accelerating the global market demand. For instance, according to Statista – in 2021, the installed base of Internet of Things (IoT) connected devices worldwide was estimated at 13.8 billion units, and the number is projected to grow to 30.9 billion units by 2025. Furthermore, leading market players are working towards new acquisitions to enhance their product portfolio and geographical footprints. For instance, in May 2022, Gurugram, India based Rosmerta Group acquired M2M Communication Brand Sensorise Digital Services. Sensorise Digital Services specialises in Internet of Things (IoT) and Machine to Machine (M2M) M2M communications. Moreover, in July 2022, UK based Wireless Logic acquired Mobius Networks based out in UK. Mobius Networks specialises in data connectivity services for Internet-of-Things (IoT) and Machine-to-Machine (M2M) applications. Also, growing emergence of 5G cellular technologies as well as rising inclination towards connected cars & smart home solutions are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a rising concern over cyber security impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Machine-to-Machine (M2M) Connections Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing investment towards 5G technologies and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the increasing penetration IoT and Non-IoT connected device in the region and growing manufacturing sector in the region, would create lucrative growth prospects for the global Machine-to-Machine (M2M) Connections Market across the Asia Pacific region.
Major market players included in this report are:
- Vodafone Group PLC (UK)
- AT&T Inc. (US)
- China Mobile Ltd. (China)
- Deutsche Telekom AG (Germany)
- Telefonica, S.A (Spain)
- Texas Instruments Incorporated (US)
- Intel Corporation (US)
- Gemalto N.V. (Netherlands)
- Cisco Systems Inc. (US)
- Huawei Technologies Co., Ltd. (China)
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Technology
Wired
Wireless
By End Use Industry
Healthcare
Utilities
Retail
Consumer Electronics
Automotive & Transportation
Security & Surveillance
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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This report covers several key questions related to the global Machine-to-Machine (M2M) Connections market, including:
- What can be expected for the Machine-to-Machine (M2M) Connections market in the next decade?
- What are the primary drivers of growth in the global Machine-to-Machine (M2M) Connections market?
- Which technologies are likely to experience the most rapid growth, both by market and region?
- How do opportunities within the Machine-to-Machine (M2M) Connections market vary based on the size of the end market?
- What is the breakdown of Machine-to-Machine (M2M) Connections by type and application?
- How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the Machine-to-Machine (M2M) Connections market?
The Key Points Covered in the Table of Contents:
Overview: This section provides a concise summary of the report, offering a high-level understanding of the global Machine-to-Machine (M2M) Connections Market. It serves as an introduction, providing insights into the nature and contents of the research study.
Market Analysis: The research study accurately and reliably forecasts the market share of key segments within the Machine-to-Machine (M2M) Connections Market. This analysis enables industry participants to make strategic investments in the significant growth areas of the Food Container Market.
Analysis of Leading Players’ Strategies: Market participants can utilize this report to gain a competitive advantage over their rivals in the Machine-to-Machine (M2M) Connections Market. It offers an in-depth analysis of the strategies employed by leading players, enabling others to develop effective strategies and stay ahead in the market.
Regional Growth Analysis: The report covers all major regions and countries relevant to the Machine-to-Machine (M2M) Connections Market. The regional analysis facilitates market players in identifying untapped regional markets, devising unique regional strategies, and comparing the growth patterns across different regions.
Market Forecasts: Purchasers of this report gain access to precise and validated estimations of the overall market size in terms of both value and volume. The study also includes comprehensive forecasts for consumption, production, sales, and other pertinent factors related to the Machine-to-Machine (M2M) Connections Market.
Our Machine-to-Machine (M2M) Connections Market Report is a comprehensive analysis of the market, providing valuable insights for businesses looking to invest in this industry.
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