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Machine to machine (commonly abbreviated as M2M) refers to direct communication between devices using any communications channel, including wired and wireless.
According to our (Global Info Research) latest study, the global M2M Services market size was valued at USD 17500 million in 2022 and is forecast to a readjusted size of USD 63710 million by 2029 with a CAGR of 20.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
During 2017, the cellular segment accounted for the major shares and dominated the machine to machine services market. The easy availability of high-speed broadband services and the increased awareness of M2M services among the consumers in the developed countries will be major factors aiding the growth of this market segment in the coming years. This in turn, will have a positive impact on the M2M services market size & share.
This report is a detailed and comprehensive analysis for global M2M Services market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global M2M Services market size and forecasts, in consumption value ($ Million), 2018-2029
Global M2M Services market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global M2M Services market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
Global M2M Services market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for M2M Services
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global M2M Services market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include AT&T, EE, Sprint, Verizon and Aeris Communications, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segmentation
M2M Services market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Cellular
- Satellite
Market segment by Application
- Consumer Electronics
- Automotive
- Healthcare
- Energy and Utilities
- Transportation and Logistics
- Manufacturing
- Other
Market segment by players, this report covers
- AT&T
- EE
- Sprint
- Verizon
- Aeris Communications
- Amdocs
- Applied Satellite Technology
- China Mobile
- Comarch
- Digi International
- Ericsson
- Gemalto
- Huawei
- Hughes Network System (EchoStar)
- Jasper Technologies
- KORE Wireless Group
- Novatel Wireless
- Nupoint Systems
Market segment by regions, regional analysis covers
- North America (United States, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
- South America (Brazil, Argentina and Rest of South America)
- Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe M2M Services product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of M2M Services, with revenue, gross margin and global market share of M2M Services from 2018 to 2023.
Chapter 3, the M2M Services competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and M2M Services market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of M2M Services.
Chapter 13, to describe M2M Services research findings and conclusion.