openPR Logo
Press release

Revenue from M2M Communication Market by Industry, Size 2033

01-24-2023 04:30 AM CET | IT, New Media & Software

Press release from: Persistence Market Research

M2M Communication Market

M2M Communication Market

Machine-to-machine (M2M) communication uses both wired and wireless communication channels to enable direct communication between diverse devices. M2M communication is used in the workplace to efficiently automate industrial processes since it allows for the transmission of industrial data, such as inventory levels and temperature, to communication endpoints via sensors.

M2M communication is preferred by industries for business automation because it facilitates automated data transmission and measurement between mechanical or electrical equipment.

Machine Number Two IoT (Internet of Things) technology cannot exist without communication. As more and more physical objects employing M2M technology form a common communication network, the relevance of M2M communication in the global digitalization process is growing. The M2M communication technology is also being used by suppliers and customers since it offers them new business prospects.

Get Sample Copy of this Report @ https://www.persistencemarketresearch.com/samples/17965

M2M Communication Market: Drivers and Restraints

M2M communication helps the computers and electronic devices which are used for storing a large amount of information as it unable machines to have better connectivity and sharing capacity with all objects and physical devices connected to them. This application of M2M communication is the prime factor driving the global M2M communication market.

Also, the rising demand for establishing the automated communication between the mechanical, electrical, environmental as well as electronic properties is responsible for increasing the demand for the M2M communication globally.

Some of the application of the M2M communication such as establishing better connectivity as well as higher sharing capacity with objects and all physical devices is also responsible for the growth of the M2M communication demand. On the other hand, lack of technical skills, unavailability of quality services in the developing region is the major challenge for the growth of the M2M communication market.

Request for Table of Content @ https://www.persistencemarketresearch.com/toc/17965

Global M2M Communication Market: Market Segmentation

basis of industry - Energy, Agriculture, Healthcare, Retail, Transportation

basis of the application - Energy Monitoring, Asset management, Supply Chain, Automation, Diagnostic

basis of the region - North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan, Middle East and Africa

Key geographies evaluated in this report are:

North America - U.S, Canada
Europe - France, Germany, Italy, Spain, and the UK, Eastern Europe, CIS
APAC - China, India, Japan, Australia, Others
Latin America - Argentina, Brazil, Others

Global M2M Communication Competitive Landscape

The major vendors in the M2M Communication market solutions providers include Omoco, Aries, AT & T Inc., Cisco Systems, Inc., Intel Corporation, Vodafone Group and Singapore Telecommunications Limited. These are the global provider of the M2M communication solutions. These companies constantly focus on delivering advanced features for customers in their M2M communication.

Contact Us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com

Expert analysis, actionable insights, and strategic recommendations - the Electronics, Semiconductor, and ICT team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on electronics, semiconductors, and ICT, of which, 100+ reports are specific for ICT, the team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the electronics, semiconductor, and ICT industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Revenue from M2M Communication Market by Industry, Size 2033 here

News-ID: 2896501 • Views:

More Releases from Persistence Market Research

North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and
Global Forged Automotive Components Market Poised for Steady Growth, Projected to Reach US$ 70.7 Billion by 2032
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts. Forged automotive components are critical to
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ 2.14 Billion by 2032, Reports Persistence Market Research
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Driven by Urbanization and Demographic Trends
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring

All 5 Releases


More Releases for M2M

M2M Connected Services Market Set To Rising Industry Demand, Latest Advancements …
The Worldwide "M2M Connected Services Market" Report has continued to grow over the past few years and is projected to grow at a good pace during the forecast period of 2022-2028 . This research provides 360-degree views and insights and highlights key achievements in the M2M Connected Services industry. In particular, it sheds light on market fluctuations, price structure, uncertainties, potential risks and growth prospects to help players plan effective
M2M Mobile Services Market Booming Global Highest Growth and Innovative Technolo …
The Global "M2M Mobile Services Market" report focused on the comprehensive analysis of current and future prospects of the M2M Mobile Services industry. This report highlights primary and secondary research, which provides market size, company share, dynamics, forecast, macro, and micro environmental factors. An in-depth analysis of past trends, future trends, demographics, technological advancements, and regulatory requirements for the M2M Mobile Services market has been done in order to calculate
Agriculture Machine to Machine (M2M) Agriculture Machine to Machine (M2M)
Global Agriculture Machine to Machine (M2M) market study offers an all-inclusive analysis of the major strategies, corporate models, and market shares of the most noticeable players in this market. Significant market players of market their aggressive scene, improvement plans and arrangements are clarified in the research report. Further, the market status and SWOT analysis are conducted on a regional and country level to prepare development plans and analyse the market
Healthcare M2M Market | M2M Healthcare Solutions Gain Traction in Sports and Fit …
Some of the leading players operating in the healthcare M2M (machine-to-machine) market are Telefonica S.A., AT&T Inc., Vodafone Group plc, and GE Healthcare. Developing innovative healthcare data management methods and offering user-friendly IoT solutions are seminal factors governing the competitive dynamics in the market. Several players are keen on offering M2M solutions on cloud models to gain a competitive edge over others, finds Transparency Market Research (TMR). The leading players
Cellular M2M Markets
Consistent growth driven mainly by Automotive and Utilities This report analyses the overriding trends and changes taking place in the M2M market around the globe. It explores the driving forces behind the market’s growth and transformation, including an examination of major market trends, plus volume and value forecasts up to 2020 by region (4) and by country (25). It also presents the quantitative evolution of cellular modules, by application and by networking technology.
M2M Communication Market: Asia Pacific has high potential for growth of M2M appl …
The machine to machine technology, also known as M2M is a type of data communication between the systems or machines. The systems enabled with M2M applications do not need any human intervention for functioning and the machine communicates with each other. There is high scope for the Machine to Machine Communication Market owing to emerging platforms such as IoT for use of machine to machine technology during 2016-2021 Scope and Regional