M2M Connections Market 2022 SWOT Analysis and Key Business Strategies by Leading Players – Vodafone Group,  Texas Instruments, AT&T Inc

Latest research on M2M Connections Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2022 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the M2M Connections market. This report included a special section on the Impact of COVID19. Also, M2M Connections Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment’s outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the M2M Connections industry.

The M2M Connections market was valued at USD 19.18 billion in 2020 and is expected to reach USD 26.52 billion by 2026, at a CAGR of 5.55% over the forecast period (2021 - 2026). 

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The M2M Connections market is highly competitive and consists of a number of major players. Top Companies like Vodafone Group,  Texas Instruments, AT&T Inc.,  Duetsche Telecom AG, Siera Wireless, China Mobile Ltd., Cisco System Inc., Huawei Technologies Co. Ltd., Intel Corporation, Sprint Corporation, Gemalto NV(Thales Group), Telefonica SA, Telit Communications, Verizon Communications Inc.

Industry News And Developments:

April 2018, Microsoft announced its plans to invest USD 5 billion in IoT over the next 4 years globally to support continued research and innovation in IoT. Such investments are ought to boost the adoption of the M2M connections over the forecast period.

Regional Analysis:

Furthermore, to broaden the understanding, researchers have studied the global M2M Connections market from a geographical point of view, considering the potential regions and countries. The regional analysis will assist the market players in making sound decisions regarding their future investments.

M2M Connections Market report includes the following geographic areas such as North America, Europe, China, Japan, Southeast Asia, India and ROW.

Scope of the Report

- The developing countries like India have identified the importance of M2M and are, therefore, focusing extensively on the increased penetration of M2M. The Government of India has recognized the importance of IT and initiated a campaign of Digital India and Make in India. The success of these campaigns will ride on proliferation of M2M in India. M2M connections in India are likely to reach 429 million by 2021 as per FICCI, this in itself is indicative of the fact that the market is expected to receive a positive boost over the forecast period.

- In February 2018, the department of telecommunications (DoT) announced to issue a policy document outlining guidelines to enable the introduction of machine-to-machine (M2M) communication services in India, which in turn will also facilitate the roll-out of the Internet of Things.

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Key Market Trends

Cellular Connections is Expected to Hold Significant Share

- 5G is expected to unleash a massive IoT ecosystem that would allow networks to serve for billions of connected devices. For Instance, according to Ericsson's Mobility Report of June 2019, More than 10 million 5G subscriptions are projected worldwide by the end of 2019. This is indicative of the fact that the market is poised to grow throughout the forecast period.

- Also according to the latest update of Cisco’s Mobile Visual Networking Index (VNI) Forecast (2017 � 2022), by 2022 mobile traffic will represent nearly 20% of global IP traffic and will reach 930 exabytes annually. This in itself is indicative of the fact that M2M connections are expected to have stronger growth throughout the forecast period.

North America is Expected to Hold Significant Share

- The region is home to some of the major players in the telecom industry such as the AT&T, Verizon, Cisco and many more which are continuously investing in the building up and advancing their infrastructure to keep pace with the technological advancements. This is expected to boost the adoption of M2M connections over the forecast period.

- The advent of 5G is expected to fuel the growth of M2M connections over the forecast period. This is evident from the Ericcson's Mobility Report of June 2019, that states that the region s expected to hold close to 270 million 5G subscriptions accounting for more than 60 percent of mobile subscriptions.

What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: M2M Connections Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

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