Cellular Machine-to-Machine (M2M) Modules Market, Global Outlook and Forecast 2023-2029
M2M refers to machine to machine communication between any devices, including wired as well as wireless. It can include industrial instrumentation with a sensor to communicate with the application software about the recorded data, viz temperature, inventory level, no. of units, etc.
This report aims to provide a comprehensive presentation of the global market for Cellular Machine-to-Machine (M2M) Modules, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cellular Machine-to-Machine (M2M) Modules. This report contains market size and forecasts of Cellular Machine-to-Machine (M2M) Modules in global, including the following market information:
Global Cellular Machine-to-Machine (M2M) Modules Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Cellular Machine-to-Machine (M2M) Modules market was valued at US$ 3249.9 million in 2022 and is projected to reach US$ 5116.7 million by 2029, at a CAGR of 6.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
On the basis of geography, the global M2M cellular market is segmented into North America, Europe, Middle-east, Africa and Asia-Pacific. North America is forecasted to grow as a favorable market for M2M technology. Asia-Pacific and other regions are in emerging stages for this market. The emerging markets are forecasted to witness a greater scope for M2M cellular devices for the forecasted period. Moreover, a huge ROI is expected in cellular M2M value added services in the emerging markets owing to good chances of augmented performance in M2M value added services.
We surveyed the Cellular Machine-to-Machine (M2M) Modules companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cellular Machine-to-Machine (M2M) Modules Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Cellular Machine-to-Machine (M2M) Modules Market Segment Percentages, by Type, 2022 (%)
WiMAX
LTE modules
2G, 3G
Global Cellular Machine-to-Machine (M2M) Modules Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Cellular Machine-to-Machine (M2M) Modules Market Segment Percentages, by Application, 2022 (%)
Healthcare
Energy & Utilities
Automotive
Security
Other
Global Cellular Machine-to-Machine (M2M) Modules Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Cellular Machine-to-Machine (M2M) Modules Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cellular Machine-to-Machine (M2M) Modules revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Cellular Machine-to-Machine (M2M) Modules revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Huawei
Sierra Wireless
SIMcom Wireless Solutions
Novatel Wireless
Telit Communications
U-blox
Outline of Major Chapters:
Chapter 1: Introduces the definition of Cellular Machine-to-Machine (M2M) Modules, market overview.
Chapter 2: Global Cellular Machine-to-Machine (M2M) Modules market size in revenue.
Chapter 3: Detailed analysis of Cellular Machine-to-Machine (M2M) Modules company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Cellular Machine-to-Machine (M2M) Modules in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
Table of content
1 Introduction to Research & Analysis Reports
1.1 Cellular Machine-to-Machine (M2M) Modules Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Cellular Machine-to-Machine (M2M) Modules Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Cellular Machine-to-Machine (M2M) Modules Overall Market Size
2.1 Global Cellular Machine-to-Machine (M2M) Modules Market Size: 2022 VS 2029
2.2 Global Cellular Machine-to-Machine (M2M) Modules Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Cellular Machine-to-Machine (M2M) Modules Players in Global Market
3.2 Top Global Cellular Machine-to-Machine (M2M) Modules Companies Ranked by Revenue
3.3 Global Cellular Machine-to-Machine (M2M) Modules Revenue by Companies
3.4 Top 3 and Top 5 Cellular Machine-to-Machine (M2M) Modules Companies in Global Market, by Revenue in 2022
3.5 Global Companies Cellular Machine-to-Machine (M2M) Modules Product Type
3.6 Tier 1, Tier 2 and Tier 3 Cellular Machine-to-Machine (M2M) Modules Players in Global
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