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Cellular M2M Market Is Predicted To Experience A Steady Growth | Deutsche Telekom AG, AT&T Inc., Verizon Communications Inc
Cellular M2M Market
The regions covered in the cellular M2M market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Among these regions, North America accounts for the largest cellular M2M market share.
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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. The cellular M2M is used for applications such as asset tracking and monitoring, predictive maintenance, telemedicine, fleet management, warehouse management, industrial automation and smart meters.
Key competitors in the cellular M2M market include Deutsche Telekom AG, AT&T Inc., Verizon Communications Inc., China Mobile, Telefonica S.A., Aeris, China Telecom, 10T, Arm Holdings, Infineon, and Kore Wireless.
The global cellular M2M market size is expected to grow from $8.76 billion in 2021 to $11.75 billion in 2022 at a compound annual growth rate (CAGR) of 34.2%. The change in the cellular M2M market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The market is expected to reach $29.09 billion in 2026 at a CAGR of 25.4%.
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TBRC's report segments the global cellular M2M market:
1) By Service: 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
Read Further On The Cellular M2M Market Here:
https://www.thebusinessresearchcompany.com/report/cellular-m2m-global-market-report
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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