Market Overview:
The global M2M connections and services market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for M2M connectivity and services across various applications, such as transportation and telematics, financial services and retail, healthcare, utilities, industrial, security and safety, among others. Additionally, the growing adoption of IoT-enabled devices is also contributing to the growth of this market. On the basis of type, wired M2M connections are expected to account for a larger share than wireless M2M connections during the forecast period. This can be attributed to their higher reliability as compared to wireless connections and their ability to handle large amounts of data traffic.
Product Definition:
Machine-to-machine (M2M) connections and services are used to allow two or more machines to communicate with each other. M2M connections can be used for a variety of purposes, such as monitoring or controlling equipment, collecting data, and transferring files. M2M connections can also be used to provide remote access to devices or systems. The importance of M2M connections and services depends on the specific application. For example, in industrial applications, M2M communication can be used to improve efficiency and safety, while in healthcare applications it can be used for patient monitoring and care coordination.
Wired:
Wired is a technology that has been around for ages. However, the term “wired” usually refers to the LAN cables used in residential and commercial applications. Over the last few years, there has been an increasing demand for high-speed data transmission from consumer devices such as smartphones, tablets and laptops to their destination owing to growing internet usage.
Wireless:
The global wireless and it's usage in M2M connections and services market size was valued at USD 6,867.0 million in 2015. The increasing demand for mobility coupled with the growing adoption of wireless technology is expected to drive the industry growth over the forecast period.
Application Insights:
The global M2M connections and services market has been segmented into six major applications, namely transportation and telematics, financial services and retail, healthcare, utilities, industrial, security and safety. The transportation sector is expected to emerge as the largest application segment over the forecast period owing to increasing demand for tracking vehicles/goods in a supply chain environment.
The need for monitoring vehicle location information in case of emergencies or if there is a theft attempt has led to increased adoption of these solutions across various industries such as utilities (smart metering), industrial (logistics), healthcare (monitoring equipment performance) etc. Furthermore growth in connected cars would also boost industry growth over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to early adoption of M2M technology and presence of a large number of service providers. Europe accounted for more than 20% share in 2017 and is expected to grow at a significant rate over the forecast period due to increasing deployment of M2M solutions across various sectors including transportation, healthcare, utilities among others. Asia Pacific regional market captured more than 15% share in 2017 owing high growth potential across various application areas such as industrial automation & monitoring, security & safety surveillance systems among others.
Increasing demand for connected cars across major markets including China.
Growth Factors:
- Increasing demand for M2M services from various industry verticals
- Proliferation of low-cost, high-speed wireless networks and devices
- Growing demand for real-time data analytics and insights
- Emergence of new business models and revenue streams enabled by M2M technology
- Rapid advancements in M2M technologies and platforms
Scope Of The Report
Report Attributes
Report Details
Report Title
M2M Connections and Services Market Research Report
By Type
Wired, Wireless
By Application
Transportation And Telematics, Financial Services And Retail, Healthcare, Utilities, Industrial, Security And Safety, Others
By Companies
AT&T, Cisco Systems, Huawei Technologies, NXP Semiconductors, Texas Instruments, Intel, Gemalto, Vodafone, Murata Manufacturing, U-blox Holding
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global M2M Connections and Services Market Report Segments:
The global M2M Connections and Services market is segmented on the basis of:
Types
Wired, Wireless
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
Transportation And Telematics, Financial Services And Retail, Healthcare, Utilities, Industrial, Security And Safety, Others
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
- Cisco Systems
- Huawei Technologies
- NXP Semiconductors
- Texas Instruments
- Intel
- Gemalto
- Vodafone
- Murata Manufacturing
- U-blox Holding
Highlights of The M2M Connections and Services 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:
- Wired
- Wireless
- By Application:
- Transportation And Telematics
- Financial Services And Retail
- Healthcare
- Utilities
- Industrial
- Security And Safety
- Others
- 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 M2M Connections and Services 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
Frequently Asked Questions?
M2M Connections and Services is a global trade show and conference that connects the worldu2019s leading companies in the mobile communications, M2M, IoT, big data and cloud services industries.
Some of the key players operating in the m2m connections and services market are AT&T, Cisco Systems, Huawei Technologies, NXP Semiconductors, Texas Instruments, Intel, Gemalto, Vodafone, Murata Manufacturing, U-blox Holding.
The m2m connections and services market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 M2M Connections and Services Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 M2M Connections and Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 M2M Connections and Services Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the M2M Connections and Services Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global M2M Connections and Services Market Size & Forecast, 2018-2028
4.5.1 M2M Connections and Services Market Size and Y-o-Y Growth
4.5.2 M2M Connections and Services Market Absolute $ Opportunity
Chapter 5 Global M2M Connections and Services Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 M2M Connections and Services Market Size Forecast by Type
5.2.1 Wired
5.2.2 Wireless
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global M2M Connections and Services Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 M2M Connections and Services Market Size Forecast by Applications
6.2.1 Transportation And Telematics
6.2.2 Financial Services And Retail
6.2.3 Healthcare
6.2.4 Utilities
6.2.5 Industrial
6.2.6 Security And Safety
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global M2M Connections and Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 M2M Connections and Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America M2M Connections and Services Analysis and Forecast
9.1 Introduction
9.2 North America M2M Connections and Services Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America M2M Connections and Services Market Size Forecast by Type
9.6.1 Wired
9.6.2 Wireless
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America M2M Connections and Services Market Size Forecast by Applications
9.10.1 Transportation And Telematics
9.10.2 Financial Services And Retail
9.10.3 Healthcare
9.10.4 Utilities
9.10.5 Industrial
9.10.6 Security And Safety
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe M2M Connections and Services Analysis and Forecast
10.1 Introduction
10.2 Europe M2M Connections and Services Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe M2M Connections and Services Market Size Forecast by Type
10.6.1 Wired
10.6.2 Wireless
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe M2M Connections and Services Market Size Forecast by Applications
10.10.1 Transportation And Telematics
10.10.2 Financial Services And Retail
10.10.3 Healthcare
10.10.4 Utilities
10.10.5 Industrial
10.10.6 Security And Safety
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific M2M Connections and Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific M2M Connections and Services Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific M2M Connections and Services Market Size Forecast by Type
11.6.1 Wired
11.6.2 Wireless
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific M2M Connections and Services Market Size Forecast by Applications
11.10.1 Transportation And Telematics
11.10.2 Financial Services And Retail
11.10.3 Healthcare
11.10.4 Utilities
11.10.5 Industrial
11.10.6 Security And Safety
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America M2M Connections and Services Analysis and Forecast
12.1 Introduction
12.2 Latin America M2M Connections and Services Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America M2M Connections and Services Market Size Forecast by Type
12.6.1 Wired
12.6.2 Wireless
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America M2M Connections and Services Market Size Forecast by Applications
12.10.1 Transportation And Telematics
12.10.2 Financial Services And Retail
12.10.3 Healthcare
12.10.4 Utilities
12.10.5 Industrial
12.10.6 Security And Safety
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) M2M Connections and Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) M2M Connections and Services Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) M2M Connections and Services Market Size Forecast by Type
13.6.1 Wired
13.6.2 Wireless
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) M2M Connections and Services Market Size Forecast by Applications
13.10.1 Transportation And Telematics
13.10.2 Financial Services And Retail
13.10.3 Healthcare
13.10.4 Utilities
13.10.5 Industrial
13.10.6 Security And Safety
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 M2M Connections and Services Market: Competitive Dashboard
14.2 Global M2M Connections and Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AT&T
14.3.2 Cisco Systems
14.3.3 Huawei Technologies
14.3.4 NXP Semiconductors
14.3.5 Texas Instruments
14.3.6 Intel
14.3.7 Gemalto
14.3.8 Vodafone
14.3.9 Murata Manufacturing
14.3.10 U-blox Holding
