Press release
Machine to Machine (M2M) Cellular Modules Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029
Multiple applications of M2M cellular modules, such as video surveillance, asset monitoring, fleet management, and point-of-sale systems (POS), are driving demand for these modules, boosting the M2M cellular modules market. End-user adoption of M2M devices is increasing due to their cost-effectiveness and connectivity. Furthermore, the growing use of M2M value-added services to ensure vehicle safety and security is driving the M2M cellular modules market growth.
The value-added service of M2M cellular modules is being incorporated into various companies to assure operational efficiency and prevent losses, resulting in rising demand for M2M cellular modules. The demand for data dependability and efficiency, as well as integrated telecommunications, is driving the M2M cellular modules market growth. Furthermore, as the cost of connectivity has decreased, vendors have been encouraged to use wireless communications, which has driven the growth of the M2M cellular modules market.
Because of the adoption of government rules that permit a larger deployment of cellular M2M in major industries such as utilities, smart cities, automotive, and healthcare, the cellular-based (M2M) market is anticipated to grow over the forecast period. According to Cisco, global mobile device sales will increase from 8.6 billion in 2017 to 12.3 billion in 2022. This massive expansion will have a positive impact on the M2M market.
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Market Coverage
The market number available for - 2020-2030
Base year- 2022
Forecast period- 2022-2030
Segment Covered-
By Type
By End-User
Competitive Landscape: Gemalto N.V., Huawei Technologies Co., Ltd., Kyocera Corporation, Neoway Technology Co. Ltd., Novatel Wireless, Inc., and Sierra Wireless, Inc. among others.
A full Report of Machine to Machine (M2M) Cellular Modules Market is Available at: https://www.omrglobal.com/industry-reports/machine-to-machine-m2m-cellular-modules-market
Machine to Machine (M2M) Cellular Modules Market Report
By Type
Managed Service
Professional Service
By End-User
Retail
Banking & Financial Institution
Telecom and IT Industry
Healthcare
Automotive
Oil and Gas
Transportation
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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