Global M2M (LPWA) and Cellular Wearable Market by Type (LPWA Module, Cellular M2M Module), By Application (Public Safety, Wireless Payment, Transportation, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global M2M (LPWA) and cellular wearable market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for connected devices and the growing trend of IoT. In addition, the increasing demand for wireless payment and transportation are also contributing to the growth of this market. The global M2M (LPWA) module market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to factors such as, rising demand for low-power wide area networks (LPWANs), increase in number of connected devices, and growing trend of IoT. In addition, advancements in technology are also contributing towards the growth of this market. On basis on type, LPWA modules accounted for majority share in 2017.



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Product Definition:

M2M (LPWA) and Cellular Wearables are devices that allow two-way communication between machines and humans. This technology is important because it allows for more efficient communication between machines and humans, which can lead to increased productivity in a number of industries.

LPWA Module:

The Low Power Wide Area (LPWA) module is a part of the M2M communication which helps in transferring data from one device to another over short distances. It also helps in tracking devices and monitoring activities across large geographical areas. LPWA modules are used for applications such as asset tracking, location-based services, remote patient monitoring and location-based advertising.

Cellular M2M Module:

The global cellular M2M module and it's usage in M2M (LPWA) and Cellular wearable market size was valued at USD 6,750.0 million in 2015. The increasing demand for low power consumption devices with longer battery life is expected to drive the growth over the forecast period.

Application Insights:

The public safety segment dominated the global LPWA and cellular wearable market in 2017. The segment is expected to witness significant growth over the forecast period owing to increasing demand for enhanced emergency response capabilities, including disaster management and rescue operations. Various governments are focusing on enhancing public safety services through M2M communication technology, which will further propel market growth over the coming years.

The wireless payment application is projected to register a notable CAGR of XX% from 2018 to 2030 owing to its wide-scale adoption in various industries such as retail, hospitality, transportation and banking & financial services among others. The growing need for secure transactions that avoid frauds caused by electronic theft or counterfeit has driven this segment significantly over recent years.

In developed regions like North America and Europe, most major banks have started adopting M2M technology with their wearables so that customers can pay via text message or voice command without having cash physically present at the transaction location (ATL).

Regional Analysis:

North America dominated the global market in 2017. The growth can be attributed to the presence of major service providers such as AT&T, Cellco Partnership (Verizon Wireless), T-Mobile US, Inc., and Sprint Corporation. These companies are investing huge amounts in deploying next-generation network infrastructure for enhancing their services and products. For instance, in September 2018, AT&T announced that it is working with Qualcomm Technologies Inc., to develop a new generation of low power wide area networks (LPWAN). Such initiatives are expected to fuel regional growth over the forecast period.

Asia Pacific region is anticipated to witness significant growth over the forecast period owing to increasing demand for M2M solutions from various sectors including transportation & logistics (for tracking vehicles), healthcare & medical sector (for monitoring patients’ health), and others.

Growth Factors:

Proliferation of low-cost LPWA and cellular wearable devices: The market for LPWA and cellular wearable devices is expected to grow at a high rate in the coming years due to the proliferation of low-cost devices. This will help more people adopt these technologies and increase their penetration into various industries.
Increased demand for connected health solutions: There is a growing demand for connected health solutions, which will drive the growth of the M2M (LPWA) and cellular wearable market. These solutions provide real-time monitoring of patients’ health conditions, which helps healthcare providers improve patient care.
Development of innovative applications: The development of innovative applications that use M2M (LPWA) and cellular wearable technology is helping to drive its growth in various industries such as retail, transportation, logistics, healthcare, etc. These applications are providing new opportunities for businesses to improve their operations using these technologies.


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Scope Of The Report
Report Attributes
Report Details
Report Title
M2M (LPWA) and Cellular Wearable Market Research Report
By Type
LPWA Module, Cellular M2M Module
By Application
Public Safety, Wireless Payment, Transportation, Others
By Companies
Alps-Alpine, Fibocom, Gemalto (Thales), Gosuncn Welink, Huawei, LG Innotek, Murata, Neoway, Quectel, Sierra Wireless, SunSea AIOT (SimCom/LongSung), Telit Wireless Solutions, u-blox, WNC
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
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.

Global M2M (LPWA) and Cellular Wearable Market Report Segments:
The global M2M (LPWA) and Cellular Wearable market is segmented on the basis of:
Types
LPWA Module, Cellular M2M Module
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
Public Safety, Wireless Payment, Transportation, 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:
Alps-Alpine
Fibocom
Gemalto (Thales)
Gosuncn Welink
Huawei
LG Innotek
Murata
Neoway
Quectel
Sierra Wireless
SunSea AIOT (SimCom/LongSung)
Telit Wireless Solutions
u-blox
WNC



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Highlights of The M2M (LPWA) and Cellular Wearable 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:
LPWA Module
Cellular M2M Module
By Application:
Public Safety
Wireless Payment
Transportation
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 (LPWA) and Cellular Wearable 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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