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Global Cellular M2M Market Report 2023: Industry Analysis, Size, Share, Key Trends, Emerging Demand, Growth, Opportunities and Forecast To 2032 | Top Players Are Deutsche Telekom AG, AT&T Inc., Verizon Communications Inc., China Mobile, Telefonica S.A
Cellular M2M Market
As per the Cellular M2M Market report by The Business Research Company, the adoption of technologies with high-speed internet and connectivity, such as 4G and 5G, is expected to fuel the growth of the cellular M2M market in the forecast period. Wireless networking is becoming more common across industries as it is used to communicate with consumers and make operations more flexible.
The global cellular M2M market size grew from $11.79 billion in 2022 to $15.29 billion in 2023 at a compound annual growth rate (CAGR) of 29.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The cellular M2M market size is expected to grow to $36.47 billion in 2027 at a CAGR of 24.3%.
Read More On The Cellular M2M Market Report Here:
https://www.thebusinessresearchcompany.com/report/cellular-m2m-global-market-report
Major 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, Kore Wireless, Orange S.A., SK Telecom, Vodafone Group PLC, and Sierra Wireless.
The Cellular M2M Market is segmented -
By Services: Connectivity Services, Professional Services, Managed Services
By Organization Size: Large Enterprises, Small And Medium Enterprises (SMEs)
By Application: Asset Tracking And Monitoring, Predictive Maintenance, Telemedicine, Fleet Management, Warehouse Management, Industrial Automation, Smart Meter, Other Applications
By End-User: Healthcare, Energy And Utilities, Transportation And Logistics, Manufacturing, Other End-Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Cellular M2M Market .
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Cellular M2M is the communication between any two devices from any location with enabled (subscriber identity module) SIM cards. The main types of cellular M2M services are connectivity services, professional services and managed services. Cellular M2M professional services are available to assist customers in the development and deployment of custom M2M (machine-to-machine) applications and solutions.
The Table Of Content For The Cellular M2M Market Include:
1. Executive Summary
2. Cellular M2M Market Characteristics
3. Cellular M2M Market Trends And Strategies
4. Cellular M2M Market - Macro Economic Scenario
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
The "Global Cellular M2M Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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