Press release
Why Invest in USD 83.23 Billion Cellular M2M Market Reach by 2030, Factors Behind Market's Growth
Robust applications of cellular M2M and intense focus on improving global cellular network connectivity are the major factors that drive the market growth. Rise in penetration of industrial Internet of Things and increased asset monitoring needs post COVID-19 pandemic are expected to create lucrative opportunities for the expansion of the market during the forecast period.
Request Sample Report (Get Full Insights in PDF - 320 Pages) at: https://www.alliedmarketresearch.com/request-sample/A13086
The global cellular M2M market size was valued at USD 10.62 billion in 2020, and is projected to reach USD 83.23 billion by 2030, registering a CAGR of 23.2 % from 2020 to 2030.
The cellular M2M market is segmented into service, application, end user, and region. Based on service, the market is categorized into connectivity, professional and managed services. The application covered in the study include asset tracking & monitoring, predictive maintenance, telemedicine, fleet management, warehouse management, industrial automation, smart meter, and others (connected cars, point of sale (POS), and digital signage). By end user, the market is fragmented into healthcare, energy & utilities, transportation & logistics, manufacturing, and others (automotive and retail). The market is primarily studied across regions such as North America, Europe, Asia-Pacific, and LAMEA.
Access the full summary at: https://www.alliedmarketresearch.com/cellular-m2m-market-A13086
Covid-19 Scenario:
● Social distancing norms and self-isolation policies were enforced in countries across the globe during the COVID-19 pandemic, forcing enterprises to limit their operations or shut them completely.
● The world embraced the remote working culture, boosting the penetration of cellular M2M communication solutions.
● During this pandemic, industries suffered from a shortage of on-site workers, which declined productivity and efficiency in many sectors.
If you have any questions, Please feel free to contact our analyst at: https://www.alliedmarketresearch.com/connect-to-analyst/A13086
Based on the services, the connectivity services segment contributed to the largest share in 2020, accounting for more than two-thirds of the global cellular M2M market. However, the managed services segment is expected to lead the market with the manifestation of the highest CAGR of 25.8% from 2021 to 2030.
Based on end-user, manufacturing accounted for the largest market share in 2020, contributing to nearly two-fifths of the total share, and is expected to maintain the lead throughout the forecast period. On the other hand, the transportation and logistics segment are estimated to witness the fastest CAGR of 27.4% from 2021 to 2030.
Inquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/A13086
Region wise, the Cellular M2M market trends were dominated by Asia-Pacific. However, LAMEA is expected to witness significant growth in the upcoming years. LAMEA is expected to witness significant growth, owing to an increase in awareness and adoption of massive data technology, Internet of Things (IoT), and e-commerce among diverse industry sectors.
Some of the key companies mentioned within the report are AT&T, Verizon Communications Inc., T-Mobile, Vodafone, Orange S.A., Telefónica, S.A. , Deutsche Telekom AG , Telefonaktiebolaget LM Ericsson , KORE Wireless Group, and Aeris Communications India Pvt. Ltd.
Buy Now & Get Exclusive Discount on this Report (320 Pages PDF with Insights, Charts, Tables, and Figures) at:
https://www.alliedmarketresearch.com/cellular-m2m-market/purchase-options
Thanks for reading this article you can also get individual chapter-wise sections or region-wise report versions like North America Europe or Asia.
If you have any special requirements, please let us know and we will offer you the report as per your requirements.
Lastly this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
Contact:
David Correa
5933 NE Win Sivers Drive
#205 Portland OR 97220
United States
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn and Twitter
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
AMR launched its user-based online library of reports and company profiles Avenue. An e-access library is accessible from any device anywhere and at any time for entrepreneur's stakeholder's researchers and students at universities. With reports on more than 60000 niche markets with data comprising of 600000 pages along with company profiles on more than 12000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.
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 Why Invest in USD 83.23 Billion Cellular M2M Market Reach by 2030, Factors Behind Market's Growth here
News-ID: 3507884 • Views: …
More Releases from Allied Market Research
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
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…
