Machine-to-Machine (M2M) Connections Market 2021-2027

New Research Report "Machine-to-Machine (M2M) Connections Market, Global Industrial Analysis, Market Dynamics, Growth Analysis, Regional Analysis, Size, Share, and Forecast 2021- 2027".

Market Overview

The study of market analysis of the Machine-to-Machine (M2M) Connections Market focuses on the key elements and the market dynamics of a specific market within that industry. The Machine-to-Machine (M2M) Connections Market study is an essential part of the industry analysis that focuses on the aspects associated with the SWOT analysis. The survey report analyses the elements, such as the strengths, weaknesses, opportunities, and threats of every individual manufacturing company. 

With the help of the Machine-to-Machine (M2M) Connections Market report analysis, every new or established manufacturer can gain knowledge about the business strategies and planning by the significant key marketers who are having a strong base. The documentation is prepared by investigating the company’s activities related to their planning, decision making, purchase, capital investment, innovation, workforce, business expansion strategy, facility expansion, promotional activities, and many other aspects of a company.

The Machine-to-Machine connections industry worldwide is expected to demonstrate revenue growth at USD $ 30.05 Billion by the year 2023 while growing at 9.9 per cent CAGR between the years 2017 to 2025.

Machine-to-machine (M2M) communications pertains to the mode of communications between various interconnected devices. The lack of human intervention in the process can garner high interest among industry leaders looking towards automation as a solution to streamline processes and cut down costs. The global machine-to-machine communications market report by Market Research Future (MRFR) covers latest innovations in IoT and integration of machine learning across industries for the forecast period (2023-2027). The COVID-19 outbreak and its effects on the industry are explored in the complete report.

Market Scope

The global machine-to-machine (M2M) communications market is predicted to exhibit 9.9% CAGR over the forecast period. This is attributed to adoption of internet of things (IoT) across industries. Use of cellular and broadband internet to facilitate communication between machines is likely to bode well for the market. Advent of autonomous cars and rollout of 5G technology in certain countries can widen the prospects of the market. The manufacturing sector is likely to trigger the demand for M2M communications owing to accumulation of machine conditions and communication with each other for expediting efficiency and reliability. The ability of M2M to exchange data in real-time and monitoring of supply chains and warehouse operations can culminate in its heavy adoption. This is exemplified by its offerings by Siemens, Honeywell, ABB, and others.

The COVID-19 outbreak had significantly impacted the market demand with many industries facing shutdowns. But the relaxation of norms and resumption of international trade has led to higher adoption of M2M communications in IIoT systems. Shift towards new technologies can facilitate the market demand over the forecast period.

But the high capacity of batteries of wireless modems and routers in the IoT setup can pose a challenge to the market.

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Key Players

The report has profiled some of the Important players prevalent in the global like – Vodafone Group PLC (UK), Telit Communications (UK), Gemalto N.V. (Netherlands), Texas Instruments Incorporated (US), U-blox Holding AG (Switzerland), and Verizon Communications, Inc. (U.S) among others and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Machine-to-Machine (M2M) Connections.

Segmentation

On the basis of product, the market includes IoT and M2M modems, routers, wireless beacons, modules mobile point of sale, and others.

On the basis of end-users, the machine-to-machine communications market comprises consumer electronics, the automotive and transportation sector, government and defense, healthcare, security and surveillance, retail, utilities, and many other sectors. The automotive and transportation sector is expected to induce heavy demand from the market owing to setup of wireless wide area networks (WWAN). It can be used to provide security to autonomous cars, tracking the vehicle, and place electronic calls.

By technology, the market consists of Ethernet, short-range, cellular networks, industrial, wired technologies, and wireless technologies. The wireless technologies segment is estimated to garner huge revenues by the end of the forecast period owing to low power consumed by them and its ability to connect wide areas of people. Rapid deployment of these systems and dipping prices of modems can bode well for the segment. Rise of new communication networking technologies such as 5G can drive the M2M communications market growth.

Regional Analysis

Asia Pacific, North America, Europe, and Rest-of-the-World (RoW) are major regions analyzed with respect to the market.

North America is expected to lead the global market owing to mission-critical communications required by machines. Rise of industrial automation and evolution of communication networking technologies can drive the regional market demand significantly. High demand for low-latency communications and wireless mode of connectivity in the U.S. can favor the M2M communications market.

Europe follows North America in the global machine-to-machine communications market. It can be lucrative owing to swelling numbers of internet users and adoption of industrial manufacturing processes. Deployment of sensors and RFID tags to improve predictability in maintenance, reliability, and profitability can drive regional market growth.

Industry news

BeeIN, a Slovenian company, has purchased frequency in the 700 MHz frequency for providing coverage to critical communication networks in the country.

Key Stakeholders 
Machine-to-Machine (M2M) Connections Market Manufacturers 
Machine-to-Machine (M2M) Connections Market Distributors/Traders/Wholesalers 
Machine-to-Machine (M2M) Connections Market Subcomponent Manufacturers 
Industry Association 
Downstream Vendors

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Complete Report Details@  https://www.marketresearchfuture.com/reports/machine-2-machine-connections-market-3818

Important Key Points from Table of Content:

1  Executive Summary

2  Market Introduction

3  Research Methodology

4  Market Dynamics

5  Global Machine-to-Machine (M2M) Connections Market, By Component

6  Global Machine-to-Machine (M2M) Connections Market, by Technology

7  Global Machine-to-Machine (M2M) Connections Market, by Application

8  Global Machine-to-Machine (M2M) Connections Market, By Industry

9  Global Machine-to-Machine (M2M) Connections Market, By Region

10  Competitive Landscape

And more

Continued...

Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

About Us:

Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

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