Cellular M2M Market Global Industry Analysis by Trends, Size, Share, Company Overview, Growth and Forecast by 2027.
SUMMERY:
Market Research Future published a research report on “Cellular M2M
Market Research Report- Global Forecast 2027” – Market Analysis, Scope, Stake,
Progress, Trends and Forecast to 2027.
Market
Highlights:
Based on services , the Cellular M2M market has been segmented into Connectivity services , Professional services, Managed services
Based on application , the cellular M2M market has been segmented
into Asset tracking and monitoring,
Predictive maintenance, Telemedicine, Fleet management , Warehouse management ,
Industrial automation , Smart meter , Others. Furthermore , the other segment
is sub segmented into connected cars ,
point of sale ( POS ) , and digital signage
Based on end user , the cellular M2M market has been segmented into Healthcare, Energy and utilities,
Transportation and logistics , Manufacturing , Others. Furthermore , the other
segment is sub dived into Automotive and
Retail
Based on Organization Size , the cellular M2M market has been segmented
into Large Enterprises , Small and
Medium Enterprises ( SMEs ))
Based on region , the cellular M2M market has been segmented into North
America , Asia-Pacific , Europe , the Middle East & Africa , and South
America
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Key Players
The key players in the global cellular M2M market are identified based on
their country of origin, presence across different regions, recent key
developments, product diversification, and industry expertise. These include
AT&T ( US ) , Verizon ( US ) , T-Mobile
( US ) , Deutsche Telekom ( Germany ) , Orange S.A. ( France ) ,
Telefonica ( Spain ) , Vodafone ( UK ) , Ericsson ( Sweden ) , Kore Wireless (
US) , Aeris ( US ) , Arm holdings ( UK ) , China Mobile ( China ) , Infineon (
Germany ) , Thales Group ( France ) , Orbocomm ( US ) , Telit ( UK ) ,
Giesecke+Devrient ( Germany ) , Cubic Telecom ( Ireland ) , KPN ( Netherlands )
, A1 Digital ( Austria ) , SK Telecom ( South Korea ) , Rogers Communications (
Canada ) , Telenor Connexion ( Sweden ) , Truphone ( UK ) , and 1oT ( Estonia )
Global Cellular M2M Market is expected to expand at an 72.00% CAGR during
the forecast period, to reach 16,092.5 Million by 2026. The geographic analysis
of the Cellular M2M market has been conducted in North America, Europe,
Asia-Pacific, the Middle East & Africa, and South America.
North America is expected to be the dominating region due to the faster
adoption of innovative technologies in developed countries such as the US and
Canada. The US accounted for the largest market share, followed by Canada and
Mexico. This growth can be attributed to increasing acceptance of the cellular
M2M in the business operations across various industries. The main factor
driving the Cellular M2M market in this region is the strong presence of key
industry players offering Cellular M2M solutions.
The European market has been segmented into the UK, Germany, France, and the
rest of Europe. In terms of market size, Europe is expected to be the
second-largest regional market. The UK is projected to be the leading
country-level market, while Germany is expected to register the highest growth
over the review period. Growing need for data reliability and efficiency,
embedded telecommunications in the region are boosting the market growth.
The market in Asia-Pacific is projected to register the fastest growth
rate over the forecast period, with the regional market being segmented into
China, Japan, India, and the rest of Asia-Pacific. This share is attributable
to increasing adoption of M2M value-added services to ensure vehicle safety and
security of vehicles and drivers in small
scale enterprises.
The Middle East & African and South American markets have started
adopting these new connectivity technologies recently. The service providers
and enterprises from manufacturing, government, and defence sectors in this
region have started adopting this technology.
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