Press release
Cellular M2M Connectivity Services Market To Reach 257 Billion US In 2025, Need For Data Reliability And Efficiency, Embedded Telecommunications Have Paved A Way For Growth
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2013 to 2018.
Cellular based Machine to Machine (M2M) Value Added Services (VAS) is defined as the cellular value added connectivity process among distinct sim-enabled machines, to provide connectivity over multiple wireless networks, such as GSM, GPRS, CDMA, 3G, LTE, or WiFi and WiMAX. The cellular M2M market includes tailor-made applications such as video surveillance, remote diagnostics of vehicles, fleet management, asset tracking, theft recovery, and point-of-sale systems (POS) to provide business efficiency to different enterprises. Cellular M2M Value Added Services is being incorporated in many enterprises to ensure operational efficiency and to minimize losses associated with operational breaches.
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.
Therefore, the recent M2M communication has turned into a system of networks that transmits data into personal appliances. Proliferation of IP networks around the globe has enhanced M2M communications.
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The global scenario for M2M communications is widening in emerging countries. Growing need for data reliability and efficiency, embedded telecommunications have paved a way for growth in the global market. Moreover, the decreasing cost of connectivity has also enabled the vendors to adopt an inclined approach towards wireless communications for its benefits. With cost-effective connectivity, the M2M devices are utilized widely across various verticals especially in insurance and automotive sectors. Even small scale enterprises are now adopting M2M value added services to ensure vehicle safety and security of vehicles and drivers.
In 2018, the market size of Cellular M2M Connectivity Services is 43700 million US$ and it will reach 257000 million US in 2025, growing at a CAGR of 24.8% from 2018; while in China, the market size is valued at xx million US$ and will increase to xx million US in 2025, with a CAGR of xx% during forecast period.
In this report, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Cellular M2M Connectivity Services.
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In United States, European Union and China market, the following companies are covered:
AT&T Inc.
Verizon Communication
China Mobile Ltd
Vodafone Group PLC
Amdocs
Aeris Communications
Deutsche Telekom AG
Sprint Corporation
Sierra Wireless
Telefonica
Market Segment by Product Type
Communication and Associated Services
Hardware and Associated Services
Software and IT Services
Market Segment by Application
Automotive and Transportation
Consumer Electronics
Energy and Utilities
Healthcare
Retail
Security and Public safety
Others
Key Regions split in this report:
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
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The study objectives are:
To analyze and research the Cellular M2M Connectivity Services status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Cellular M2M Connectivity Services manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Cellular M2M Connectivity Services are as follows:
History Year: 2013-2018
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
QYResearch, established in 2007, focuses on custom research, management consulting, IPO consulting, industry chain research, and data base &seminar services. The company owns large basic databases (such as National Bureau of Statistics Database, Customs Import and Export Database, Industry Association Database, etc.), expert resources (including industry experts who own more than 10 years experiences on marketing or R&D in industries of energy, automotive, chemicals, medical ICT consumer goods, etc.), professional survey team (the team members obtained more than 3 years market survey experience and more than 2 years deep expert interview experience), and excellent data analysis team (SPSS statistics and PPT graphics process team).
QYResearch has more than 4000 global well-known customers, covering more than 30 industries including energy, automobiles, pharmaceuticals, chemicals, agriculture, etc. Company services cover one-stop solution as Data-Analysis-Suggestion-Consulting Implementation. Research regions cover China, US, EU, Asia, Middle East and Africa, South America, Australia, and other regions in the world. QYResearch built research or marketing centers in China (Beijing, Shanghai, Guangzhou, and Hong Kong), USA, Canada, Germany, UK, France, etc. Currently, QYResearch has become the first choice, worthy and trusted consulting brand in Global and Chinabusiness consulting services
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