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Cellular M2M Market 2021 | Business Overview, CAGR Status, Growth Trends, And Forecast
Cellular M2M Market
The countries covered in the global cellular M2M market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global cellular M2M market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The cellular M2M market consists of sale of cellular machine to machine (M2M) and related services by entities (organizations, sole traders and partnerships) that provides cellular M2M products and solutions. Cellular M2M is the communication between any two devices from any location with enabled (subscriber identity module) SIM cards. The machines can be in communication through a wireless or wired connection. Cellular M2M is used for applications such as asset tracking and monitoring, predictive maintenance, telemedicine, fleet management, warehouse management, industrial automation, and smart meters.
The global cellular M2M market is expected to grow from $7.19 billion in 2020 to $8.76 billion in 2021 at a compound annual growth rate (CAGR) of 21.77%. The growth is mainly due increasing adoption of wireless connectivity across industries to improve operational efficiency, quality of products and services, and technological advancements in connectivity are also enhancing the market growth. The cellular M2M market is expected to reach $23.79 billion in 2025 at a CAGR of 28.37%.
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Global cellular M2M market segmentation in TBRC’s report is:
1) By Services: Connectivity Services, Professional Services, Managed Services
2) By Organization Size: Large Enterprises, Small And Medium Enterprises (SMEs)
3) By Application: Asset Tracking And Monitoring, Predictive Maintenance, Telemedicine, Fleet Management, Warehouse Management, Industrial Automation, Smart Meter, Others
4) By End-User: Healthcare, Energy And Utilities, Transportation And Logistics, Manufacturing, Others
Major players in the cellular M2M market are Deutsche Telekom AG, AT&T Inc., Verizon Communications Inc., China Mobile, Telefonica S.A., Aeris, China Telecom, 10T, Arm Holdings, Infineon, Kore Wireless, Orange S.A., SK Telecom, Vodafone Group PLC, and Sierra Wireless.
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The Table of Contents includes:
1. Executive Summary
2. Cellular M2M Market Characteristics
3. Cellular M2M Market Trends And Strategies
4. Impact Of COVID-19 On Cellular M2M
5. Cellular M2M Market Size And Growth
....
27. Cellular M2M Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cellular M2M Market
29. Cellular M2M Market Future Outlook and Potential Analysis
30. Appendix
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