The global machine to machine (M2M) services market is expected to grow from USD 3.5 billion in 2016 to USD 8.6 billion by 2030, at a CAGR of 12.8% during the forecast period. The major factors driving the growth of this market are increasing demand for M2M services in various industries such as IT & telecom, healthcare, automotive, oil & gas, agriculture banking & finance and utilities and security & surveillance among others; growing need for remote monitoring and control of assets; and rising demand for M2M service providers with low-cost solutions.
The global machine to machine (M2M) services market is segmented on the basis of type into WFi, Ethernet Zigbee Satellite PoweLine Machine to Machine (M2M) Service; on the basis of application into IT & telecom Healthcare Automotive Oil & Gas Agriculture Banking & Finance Utilities and Security Surveillance Transport Logistics Retail; on the basis of region into North America Latin America Europe Asia Pacific Middle East Africa.
Some Of The Growth Factors Of This Market:
- The M2M market is expected to be worth $5 billion by 2020, with the number of connected devices reaching 1 billion by 2020.
- The M2M market is driven by the need for remote monitoring and control of assets in industries such as oil and gas, utilities, transportation, manufacturing and healthcare.
- There are many opportunities for growth in the M2M market due to its ability to provide real-time data on assets that can be used for predictive maintenance.
- There are also opportunities for growth in the M2M market due to its ability to provide real-time data on assets that can be used for predictive maintenance.
Industry Growth Insights published a new data on “Machine to Machine (M2M) Services Market”. The research report is titled “Machine to Machine (M2M) Services Market research by Types (Wi-Fi, Ethernet, Zigbee, Satellite, Power-Line, Machine to Machine (M2M) Service), By Applications (IT & Telecom, Healthcare, Automotive, Oil & Gas, Agriculture, Banking & Finance, Utlities and Security & Surveillance, Transport and Logistics, Retail, Other), By Players/Companies Cisco, IBM, Rogers Communications, Cstar Technologies, Alcatel-Lucent, Comarch, Huawei Technologies, Intel Corporation, Google, Gemalto N.V. (Now Thales Group), Amdocs, EE, Verizon Communications, Sierra Wireless, Telit Wireless Solution, SIMcom Wireless Solutions, U-blox, Vodafone, Bharti Airtel, Tata Teleservices, Wipro, Jasper Technologies, Tech Mahindra, Aeris Communication, Infosys Technologies, Aircel, Nokia, Machine to Machine (M2M) Service”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Machine to Machine (M2M) Services Market Research Report
By Type
Wi-Fi, Ethernet, Zigbee, Satellite, Power-Line, Machine to Machine (M2M) Service
By Application
IT & Telecom, Healthcare, Automotive, Oil & Gas, Agriculture, Banking & Finance, Utlities and Security & Surveillance, Transport and Logistics, Retail, Other
By Companies
Cisco, IBM, Rogers Communications, Cstar Technologies, Alcatel-Lucent, Comarch, Huawei Technologies, Intel Corporation, Google, Gemalto N.V. (Now Thales Group), Amdocs, EE, Verizon Communications, Sierra Wireless, Telit Wireless Solution, SIMcom Wireless Solutions, U-blox, Vodafone, Bharti Airtel, Tata Teleservices, Wipro, Jasper Technologies, Tech Mahindra, Aeris Communication, Infosys Technologies, Aircel, Nokia, Machine to Machine (M2M) Service
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
 Services Industry Outlook.svg)
Global Machine to Machine (M2M) Services Market Report Segments:
The global Machine to Machine (M2M) Services market is segmented on the basis of:
Types
Wi-Fi, Ethernet, Zigbee, Satellite, Power-Line, Machine to Machine (M2M) Service
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
IT & Telecom, Healthcare, Automotive, Oil & Gas, Agriculture, Banking & Finance, Utlities and Security & Surveillance, Transport and Logistics, Retail, Other
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:
- Cisco
- IBM
- Rogers Communications
- Cstar Technologies
- Alcatel-Lucent
- Comarch
- Huawei Technologies
- Intel Corporation
- Google
- Gemalto N.V. (Now Thales Group)
- Amdocs
- EE
- Verizon Communications
- Sierra Wireless
- Telit Wireless Solution
- SIMcom Wireless Solutions
- U-blox
- Vodafone
- Bharti Airtel
- Tata Teleservices
- Wipro
- Jasper Technologies
- Tech Mahindra
- Aeris Communication
- Infosys Technologies
- Aircel
- Nokia
- Machine to Machine (M2M) Service
 Services Market Overview.svg)
Highlights of The Machine to Machine (M2M) 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:
- Wi-Fi
- Ethernet
- Zigbee
- Satellite
- Power-Line
- Machine to Machine (M2M) Service
- By Application:
- IT & Telecom
- Healthcare
- Automotive
- Oil & Gas
- Agriculture
- Banking & Finance
- Utlities and Security & Surveillance
- Transport and Logistics
- Retail
- Other
- 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 Machine to Machine (M2M) 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.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
- Channel & Customer Management
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 Services Market Statistics.svg)
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?
Machine to machine (M2M) services are a type of technology that allow machines to communicate with each other. This can be used for a variety of purposes, such as automating processes or sending data. M2M services can be used in a number of different industries, including manufacturing, transportation, and healthcare.
Some of the major companies in the machine to machine (m2m) services market are Cisco, IBM, Rogers Communications, Cstar Technologies, Alcatel-Lucent, Comarch, Huawei Technologies, Intel Corporation, Google, Gemalto N.V. (Now Thales Group), Amdocs, EE, Verizon Communications, Sierra Wireless, Telit Wireless Solution, SIMcom Wireless Solutions, U-blox, Vodafone, Bharti Airtel, Tata Teleservices, Wipro, Jasper Technologies, Tech Mahindra, Aeris Communication, Infosys Technologies, Aircel, Nokia, Machine to Machine (M2M) Service.
The machine to machine (m2m) services market is expected to grow at a compound annual growth rate of 12.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Machine to Machine (M2M) Services Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Machine to Machine (M2M) Services Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Machine to Machine (M2M) Services Market - Supply Chain
4.5. Global Machine to Machine (M2M) Services Market Forecast
4.5.1. Machine to Machine (M2M) Services Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Machine to Machine (M2M) Services Market Size (000 Units) and Y-o-Y Growth
4.5.3. Machine to Machine (M2M) Services Market Absolute $ Opportunity
5. Global Machine to Machine (M2M) Services Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Machine to Machine (M2M) Services Market Size and Volume Forecast by Type
5.3.1. Wi-Fi
5.3.2. Ethernet
5.3.3. Zigbee
5.3.4. Satellite
5.3.5. Power-Line
5.3.6. Machine to Machine (M2M) Service
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Machine to Machine (M2M) Services Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Machine to Machine (M2M) Services Market Size and Volume Forecast by Application
6.3.1. IT & Telecom
6.3.2. Healthcare
6.3.3. Automotive
6.3.4. Oil & Gas
6.3.5. Agriculture
6.3.6. Banking & Finance
6.3.7. Utlities and Security & Surveillance
6.3.8. Transport and Logistics
6.3.9. Retail
6.3.10. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Machine to Machine (M2M) Services Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Machine to Machine (M2M) Services Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Machine to Machine (M2M) Services Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Machine to Machine (M2M) Services Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Machine to Machine (M2M) Services Demand Share Forecast, 2019-2026
9. North America Machine to Machine (M2M) Services Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Machine to Machine (M2M) Services Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Machine to Machine (M2M) Services Market Size and Volume Forecast by Application
9.4.1. IT & Telecom
9.4.2. Healthcare
9.4.3. Automotive
9.4.4. Oil & Gas
9.4.5. Agriculture
9.4.6. Banking & Finance
9.4.7. Utlities and Security & Surveillance
9.4.8. Transport and Logistics
9.4.9. Retail
9.4.10. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Machine to Machine (M2M) Services Market Size and Volume Forecast by Type
9.7.1. Wi-Fi
9.7.2. Ethernet
9.7.3. Zigbee
9.7.4. Satellite
9.7.5. Power-Line
9.7.6. Machine to Machine (M2M) Service
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Machine to Machine (M2M) Services Demand Share Forecast, 2019-2026
10. Latin America Machine to Machine (M2M) Services Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Machine to Machine (M2M) Services Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Machine to Machine (M2M) Services Market Size and Volume Forecast by Application
10.4.1. IT & Telecom
10.4.2. Healthcare
10.4.3. Automotive
10.4.4. Oil & Gas
10.4.5. Agriculture
10.4.6. Banking & Finance
10.4.7. Utlities and Security & Surveillance
10.4.8. Transport and Logistics
10.4.9. Retail
10.4.10. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Machine to Machine (M2M) Services Market Size and Volume Forecast by Type
10.7.1. Wi-Fi
10.7.2. Ethernet
10.7.3. Zigbee
10.7.4. Satellite
10.7.5. Power-Line
10.7.6. Machine to Machine (M2M) Service
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Machine to Machine (M2M) Services Demand Share Forecast, 2019-2026
11. Europe Machine to Machine (M2M) Services Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Machine to Machine (M2M) Services Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Machine to Machine (M2M) Services Market Size and Volume Forecast by Application
11.4.1. IT & Telecom
11.4.2. Healthcare
11.4.3. Automotive
11.4.4. Oil & Gas
11.4.5. Agriculture
11.4.6. Banking & Finance
11.4.7. Utlities and Security & Surveillance
11.4.8. Transport and Logistics
11.4.9. Retail
11.4.10. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Machine to Machine (M2M) Services Market Size and Volume Forecast by Type
11.7.1. Wi-Fi
11.7.2. Ethernet
11.7.3. Zigbee
11.7.4. Satellite
11.7.5. Power-Line
11.7.6. Machine to Machine (M2M) Service
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Machine to Machine (M2M) Services Demand Share, 2019-2026
12. Asia Pacific Machine to Machine (M2M) Services Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Machine to Machine (M2M) Services Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Machine to Machine (M2M) Services Market Size and Volume Forecast by Application
12.4.1. IT & Telecom
12.4.2. Healthcare
12.4.3. Automotive
12.4.4. Oil & Gas
12.4.5. Agriculture
12.4.6. Banking & Finance
12.4.7. Utlities and Security & Surveillance
12.4.8. Transport and Logistics
12.4.9. Retail
12.4.10. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Machine to Machine (M2M) Services Market Size and Volume Forecast by Type
12.7.1. Wi-Fi
12.7.2. Ethernet
12.7.3. Zigbee
12.7.4. Satellite
12.7.5. Power-Line
12.7.6. Machine to Machine (M2M) Service
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Machine to Machine (M2M) Services Demand Share, 2019-2026
13. Middle East & Africa Machine to Machine (M2M) Services Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Machine to Machine (M2M) Services Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Machine to Machine (M2M) Services Market Size and Volume Forecast by Application
13.4.1. IT & Telecom
13.4.2. Healthcare
13.4.3. Automotive
13.4.4. Oil & Gas
13.4.5. Agriculture
13.4.6. Banking & Finance
13.4.7. Utlities and Security & Surveillance
13.4.8. Transport and Logistics
13.4.9. Retail
13.4.10. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Machine to Machine (M2M) Services Market Size and Volume Forecast by Type
13.7.1. Wi-Fi
13.7.2. Ethernet
13.7.3. Zigbee
13.7.4. Satellite
13.7.5. Power-Line
13.7.6. Machine to Machine (M2M) Service
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Machine to Machine (M2M) Services Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Machine to Machine (M2M) Services Market: Market Share Analysis
14.2. Machine to Machine (M2M) Services Distributors and Customers
14.3. Machine to Machine (M2M) Services Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cisco
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. IBM
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Rogers Communications
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Cstar Technologies
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Alcatel-Lucent
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Comarch
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Huawei Technologies
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Intel Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Google
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Gemalto N.V. (Now Thales Group)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Amdocs
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. EE
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Verizon Communications
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Sierra Wireless
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Telit Wireless Solution
14.4.15.1. Overview
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