Press release
M2M Connections Market 2022 Industry Status and Global Outlook till 2027
New York, March 22nd 2022, Market Insights Reports has released its latest market research report on the M2M Connections Market.The M2M Connections Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the M2M Connections market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the M2M Connections market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the M2M Connections market.
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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Top Leading Companies of M2M Connections Market are - 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. and others.
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.
Investigator Observers Strong Growth in Specific Regions:
- Europe Market (Germany, UK, France, Russia, Italy)
- Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
- South America Market (Brazil, Argentina, Colombia)
- North America Market (United States, Canada, Mexico)
- Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- M2M Connections Market Size & Analysis (2016 - 2026)
- Market Share Analysis of M2M Connections Market (%),2016 - 2026
- M2M Connections Market Share, By Brand
- M2M Connections Market Share, By Company
- M2M Connections Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies M2M Connections Market Value Analysis & Forecast
- Promising M2M Connections Development by Major Companies
- Detailed M2M Connections Portfolio of the Major Companies
- Major Deals in the M2M Connections Market
- Major Companies Analysis
Browse Full Report at:
https://www.marketinsightsreports.com/reports/02082591757/m2m-connections-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita
We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
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Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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