U.S. markets closed
  • S&P 500

    4,228.48
    -55.26 (-1.29%)
     
  • Dow 30

    33,706.74
    -292.30 (-0.86%)
     
  • Nasdaq

    12,705.21
    -260.13 (-2.01%)
     
  • Russell 2000

    1,957.35
    -43.38 (-2.17%)
     
  • Crude Oil

    89.91
    -0.59 (-0.65%)
     
  • Gold

    1,760.30
    -10.90 (-0.62%)
     
  • Silver

    18.97
    -0.50 (-2.56%)
     
  • EUR/USD

    1.0039
    -0.0053 (-0.52%)
     
  • 10-Yr Bond

    2.9890
    +0.1090 (+3.78%)
     
  • GBP/USD

    1.1823
    -0.0109 (-0.92%)
     
  • USD/JPY

    136.9300
    +1.0680 (+0.79%)
     
  • BTC-USD

    21,189.43
    -1,614.93 (-7.08%)
     
  • CMC Crypto 200

    504.88
    -36.72 (-6.78%)
     
  • FTSE 100

    7,550.37
    +8.52 (+0.11%)
     
  • Nikkei 225

    28,930.33
    -11.81 (-0.04%)
     

Cellular M2M Global Market Report 2021: Market is Expected to Reach $23.79 Billion in 2025 at a CAGR of 28.37% - Long-term Forecast to 2030 - ResearchAndMarkets.com

·5 min read

DUBLIN, October 11, 2021--(BUSINESS WIRE)--The "Cellular M2M Global Market Report 2021: COVID-19 Growth and Change" report has been added to ResearchAndMarkets.com's offering.

The global cellular M2M market is expected to grow from $7.19 billion in 2020 to $8.76 billion in 2021 at a compound annual growth rate (CAGR) of 21.77%.

The growth is mainly due increasing adoption of wireless connectivity across industries to improve operational efficiency, quality of products and services, and technologies advancements in connectivity are also enhancing the market growth.

The market is expected to reach $23.79 billion in 2025 at a CAGR of 28.37%.

Major players in the cellular M2M market are 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 consists of sale of cellular machine to machine (M2M) and related services by entities (organizations, sole traders and partnerships) that provides cellular M2M products and solutions. Cellular M2M is the communication between any two devices from any location with enabled (subscriber identity module) SIM cards. The machines can be in communication through a wireless or wired connection. The cellular M2M is used for applications such as asset tracking and monitoring, predictive maintenance, telemedicine, fleet management, warehouse management, industrial automation, and smart meters.

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 cellular M2M services are offered to large enterprises and small and medium enterprises (SMEs) for various applications such as asset tracking and monitoring, predictive maintenance, telemedicine, fleet management, warehouse management, industrial automation, smart meter and others and are applied in various areas including healthcare, energy and utilities, transportation and logistics, manufacturing and other industries.

North America was the largest region in the cellular M2M market in 2020. Asia Pacific is expected to be the fastest growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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. M2M communications can be carried out over wide area networks (WANs), which are enabled by cellular networks. 5G speed and reliability is expected to have a massive impact on M2M. For instance the 5G services market is expected to increase from 69.39 million in 2020 to 177.87 million in 2025, thus supporting the growth of the market. Therefore, the adoption of high-speed internet and connectivity technologies, such as 4G and 5G is expected to drive the growth of the cellular M2M market.

The companies in the market are increasingly investing in integrating payment terminals to cater to the growing demand for mobile payments. The companies in the market are increasingly integrating flexible point of sale systems with fully integrated UX, to cater to the changing purchasing behavior.

Key Topics Covered:

1. Executive Summary

2. Cellular M2M Market Characteristics

3. Cellular M2M Market Trends and Strategies

4. Impact Of COVID-19 On Cellular M2M

5. Cellular M2M Market Size and Growth

5.1. Global Cellular M2M Historic Market, 2015-2020, Billion

5.1.1. Drivers Of The Market

5.1.2. Restraints On The Market

5.2. Global Cellular M2M Forecast Market, 2020-2025F, 2030F, Billion

5.2.1. Drivers Of The Market

5.2.2. Restraints On the Market

6. Cellular M2M Market Segmentation

6.1. Global Cellular M2M Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion

  • Connectivity Services

  • Professional Services

  • Managed Services

6.2. Global Cellular M2M Market, Segmentation By Organization Size, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion

  • Large Enterprises

  • Small and Medium Enterprises (SMEs)

6.3. Global Cellular M2M Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion

  • Asset Tracking and Monitoring

  • Predictive Maintenance

  • Telemedicine

  • Fleet Management

  • Warehouse Management

  • Industrial Automation

  • Smart Meter

  • Others

6.4. Global Cellular M2M Market, Segmentation By End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion

  • Healthcare

  • Energy and utilities

  • Transportation and logistics

  • Manufacturing

  • Others

7. Cellular M2M Market Regional and Country Analysis

7.1. Global Cellular M2M Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion

7.2. Global Cellular M2M Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion

Companies Mentioned

  • 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

  • Sierra Wireless

For more information about this report visit https://www.researchandmarkets.com/r/4tbo6e

View source version on businesswire.com: https://www.businesswire.com/news/home/20211011005278/en/

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900