Global Cellular M2M Value-Added Services (VAS) Market by Type (2G, 3G, 4G, Others), By Application (Automotive, Transportation and Logistics, Healthcare, Energy and Utilities, Retail, Consumer Electronics) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global cellular M2M value-added services (VAS) market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for M2M applications across different industries and regions. The automotive, transportation and logistics, healthcare, energy and utilities, retail, and consumer electronics are some of the major application segments of the global cellular M2M VAS market. North America is expected to hold the largest share of this market in 2018 while Asia Pacific is projected to grow at the highest CAGR during the forecast period.



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Product Definition:

Cellular M2M Value-Added Services (VAS) are services that allow machines to communicate with other machines or devices wirelessly. These services can be used for a variety of purposes, including tracking and monitoring objects, controlling devices remotely, and collecting data. Cellular M2M Value-Added Services (VAS) are important because they allow businesses and organizations to use wireless communication to improve their operations.

2G:

2G is a second-generation mobile cellular network technology. It is a standardized, non-proprietary name given to digital cellular standards developed for GSM and CDMA2000 families of technologies. 2G networks were primarily designed for voice services; they are inefficient for data transmission owing to low data rates and lack of 3GPP universal profile support. However, some countries still use 2G networks in areas with poor coverage or where prices are lower than that offered by 3G providers.

3G:

3G is a third generation of mobile telephony. It is also known as fourth generation when compared to 2G and 1G technology. 3G technology provides services such as internet access, video calling, video streaming and location tracking through mobile devices.

Application Insights:

The global cellular M2M value-added services market has been segmented into automotive, transportation and logistics, healthcare, energy and utilities, retail consumer electronics and other sectors. The automotive sector accounted for the largest revenue share in 2016 owing to the increasing need for tracking vehicles across a range of applications such as fleet management, asset tracking & monitoring etc. Furthermore growth in connected cars is expected to increase over the forecast period thereby driving demand over the next seven years.

The healthcare segment is anticipated to witness significant growth over the forecast period due to an increase in demand from medical application developers who are increasingly deploying cellular modems on their hospital networks. These devices allow patients¢â‚¬â„¢ data to be transmitted directly from their computers or mobile devices via Wi-Fi hot spots without requiring a physical cable connection between them which helps improve network efficiency enabling enhanced performance of wireless health technologies such as telehealth systems that use radio waves for transmission purposes among others.

Regional Analysis:

Asia Pacific regional market accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing exponential growth in industrial automation, which has triggered the demand for M2M VAS solutions. Countries such as China and Japan are among the top 10 countries having highest internet penetration rates globally. These factors have led telecom service providers to deploy 4G/LTE networks across this region, thereby driving regional market growth.

North America is projected to be one of the fastest-growing regions during same years owing to increasing adoption of connected cars and smart transportation systems across U.S.

Growth Factors:

Proliferation of connected devices and sensors: The number of connected devices is expected to grow from around 18 billion in 2015 to over 50 billion by 2020. This will create a large demand for cellular M2M VAS that can help manage and process the data generated by these devices.
Increased focus on IoT applications: Cellular M2M VAS providers are focusing on developing innovative IoT applications that can provide real-time insights and improve operational efficiency. These applications are helping businesses reduce costs, increase productivity, and improve customer engagement.
Growing demand for big data analytics: Businesses are increasingly looking to harness the power of big data analytics to gain a competitive edge. Cellular M2M VAS providers offer solutions that can help businesses efficiently process and analyze large amounts of data collected from connected devices/sensors in real time. This helps them make better decisions quickly based on accurate information.


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Scope Of The Report
Report Attributes
Report Details
Report Title
Cellular M2M Value-Added Services (VAS) Market Research Report
By Type
2G, 3G, 4G, Others
By Application
Automotive, Transportation and Logistics, Healthcare, Energy and Utilities, Retail, Consumer Electronics
By Companies
AT&T, Sprint, Verizon, Vodafone, Amdocs, China Mobile, China Telecom, Digi International, Gemalto, KDDI, Sierra Wireless, Orange Business Services, Sierra Wireless, Rogers Communications, Tech Mahindra, Telefónica, Telenor, Telit, T-MOBILE USA
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.

Global Cellular M2M Value-Added Services (VAS) Market Report Segments:
The global Cellular M2M Value-Added Services (VAS) market is segmented on the basis of:
Types
2G, 3G, 4G, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Transportation and Logistics, Healthcare, Energy and Utilities, Retail, Consumer Electronics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
AT&T
Sprint
Verizon
Vodafone
Amdocs
China Mobile
China Telecom
Digi International
Gemalto
KDDI
Sierra Wireless
Orange Business Services
Sierra Wireless
Rogers Communications
Tech Mahindra
Telefónica
Telenor
Telit
T-MOBILE USA



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Highlights of The Cellular M2M Value-Added Services (VAS) Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
2G
3G
4G
Others
By Application:
Automotive
Transportation and Logistics
Healthcare
Energy and Utilities
Retail
Consumer Electronics
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Cellular M2M Value-Added Services (VAS) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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