Cellular M2M Connections and Services Market Booming will reach at $122.23 billion by 2032- Worldwide With Leading Key Players -Amdocs, Digi International, Ericsson, Kore Wireless Group, PTC, Silver Spring Networks, Aeris Communications, Comarch, Huawei,

The global cellular M2M market size was valued at $32.62 billion in 2021, and is projected to reach $122.23 billion by 2032, registering a CAGR of 32.2 % from 2021 to 2032.

Cellular M2M professional services arm can address the technology skill requirement of any organization that intends to develop new M2M applications. It is consequently focused on the execution of superior M2M programs, which meet the needs of clients, and is administered by IT vendors by using a perfect mixture of people, process, and data technologies.
Moreover, cellular M2M networks are evolving to become compatible enough to be deployed within fully autonomous networks such as wireless sensor node systems, which is expected to offer promising growth opportunities for the cellular M2M market opportunity in the coming future.

In 2020, the global cellular M2M market share was dominated by the connectivity services, and is expected to maintain its dominance in the upcoming years. This is attributed to the introduction of state policies, which enable a wider deployment of cellular M2M in key sectors such as utilities, smart cities, automotive, and healthcare. Furthermore, Cisco predicted that by 2022, global mobile devices will grow from 8.6 billion units in 2017 to 12.3 billion units by 2022. Such huge growth is expected to reciprocally have a positive impact on the cellular M2M market.

The demand for connectivity services is increasing with increase in complicated applications being deployed by customers. Services must ensure that networks are secure, reliable, scalable, and offer coverage in remote areas. Hence, providing roaming services and SIMs with global coverage has become a pivotal function in creating end-to-end IoT solutions.

Key Players Profiled In the Report Includes

The major players covered in the Cellular M2M Connections and Services report are Amdocs, Digi International, Ericsson, Kore Wireless Group, PTC, Silver Spring Networks, Aeris Communications, Comarch, Huawei, Jasper Technologies, M2M Data, Multi-Tech Systems, Novatel Wireless,

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Impact of COVID-19 on Cellular M2M Market
Post COVID-19, the size of the global cellular M2M market is estimated to be $12,771 million in 2021, and is projected to reach $83,233 million by 2030. The global COVID pandemic outbreak has had an overall positive impact on the global cellular M2M market, which is projected to increase following the COVID-19 pandemic. This is attributed to the fact that many businesses were forced to transition to remote working and made it difficult for workers to be available on the field, due to rapid spread of coronavirus around the world. Cellular M2M systems have helped many businesses and manufacturing plants to monitor, record, operate, and diagnose many of their tools without actually having to send an employee on the field to do so.

Thus, the COVID-19 pandemic has had an overall favorable influence on the cellular M2M industry, owing to a sudden need for the use of remote monitoring and operating tools, resulting in creating higher demands for cellular M2M technology and tools. For instance, the IoT solutions provider, Aeris encouraged its remote patient health solution that monitors patient location, movement patterns, and patient vitals such as heart rate, glucose levels, and blood pressure. Such solutions helped healthcare professionals to monitor patients in isolation during the COVID pandemic.

Cellular M2M Connections and Services Market

2G, 3G, 4G.

Application as below

Electronics, Automotive, Healthcare, Others

Robust applications of cellular M2M
Cellular machine to machine communication offers limitless applications in the modern Cellular machine-to-machine communication offers limitless applications in the modern world, including automated meter reading (AMR), vending machinery, distribution point (POS), transportation, and logistics (fleet management).

For instance, asset monitoring capabilities for remote operation and maintenance of industrial machinery with the help of cellular M2M communication platforms played a crucial part during the period of the pandemic. Asset monitoring solutions from key cellular M2M solutions provider, such as AT&T, are helping many businesses to efficiently track their supplies and products to accurately plan their operations accordingly in a period of major disruptions.

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The Cellular M2M Connections and Services Report Supports the Facts Below:

Industry Historical Demand Trends and Future Development Study - Cellular M2M Connections and Services Market Investors will make their business decisions based on historical and projected performance of the market Cellular M2M Connections and Services in terms of growth trends, revenue contribution, and Cellular M2M Connections and Services market growth rate. The report offers Cellular M2M Connections and Services industry analysis from 2016 to 2019, according to categories such as product type, applications/end-users and regions.

Market Drivers, Limits and Opportunities - The market is deeply evaluated by a current market situation such as market growth factors and constraints. In addition, here we can discuss the latest industry news and its impact on the Cellular M2M Connections and Services business.

Industry Chain Analysis - The study of industry chain structure incorporates details related to supplier's and buyer's information. Furthermore, the report classifies the top manufacturers of Cellular M2M Connections and Services business based on their production base, cost structure, Cellular M2M Connections and Services production process, spending on raw materials and labor outlay.

Future Project Expediency - The Cellular M2M Connections and Services market report includes a detailed explanation about the past and present trends of the market has been following along with its future analysis that may concern with the Cellular M2M Connections and Services market growth.

Note - To provide a more accurate market forecast, all our reports will be updated prior to delivery considering the impact of COVID-19.

Challenge: Increasing security threats due to cloud and mobile technologies
Cellular M2M applications have been greatly benefitted due to the rise in disruptive technologies, such as cloud and mobile. However, owing to the sensitivity and security associated with insurance data, controlling the flow of sensitive data and digital access rights of digital assets as well as intellectual property protection are the major concerns of cellular M2M application providers. Data privacy and security is a cumbersome bottleneck that needs to be addressed effectively. Setting up proper access and control mechanism is a must to address the issues of data theft.

Connectivity services segment to lead the cellular M2M market in 2020
The demand for connectivity services is increasing with the rise in complicated applications being deployed by customers. Services must ensure networks are secure, reliable, scalable, and offer coverage in remote areas. Hence, providing roaming services and SIMs with global coverage has become a pivotal function in creating end-to-end IoT solutions.

Recent Developments
In October 2020, Verizon extended the provision of its 5G network services at the innovation hub located at the University of Illinois Research Park. The provision of 5G network will enable innovators, such as students, startups, and large corporations, to be able to create modern applications in all industries that leverage advanced technologies, such as robotics, analytics, ML, and IoT devices.
In October 2020, T-Mobile, US became the first wireless provider in North America to successfully finish NB-IoT field tests on the live commercial network. Narrowband IoT or NB-IoT is an evolution of LTE technology built on industry standards that uses very small amounts of dedicated spectrum to carry data with incredible efficiency and performance.
In September 2020, Orange partnered with Ericsson to launch the 5G network in Spain. The partnership will lead Ericsson's 5G Radio Access Network (RAN) and its range of core products and solutions to power Orange Spain's 5G services in two cities: Madrid and Barcelona.

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