Cellular M2M Connections Market In US 2023-2027
The cellular M2M connections market in US is forecasted to grow by USD 5400.96 mn during 2022-2027, accelerating at a CAGR of 19.03% during the forecast period. The report on the cellular M2M connections market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for connected devices, advancements in wireless communication technology, and government initiatives and regulations.
Technavio's cellular M2M connections market in US is segmented as below:
By Service
- Connectivity services
- Professional services
- Managed services
By End-user
By Connectivity
This study identifies the increasing adoption of IoT devices as one of the prime reasons driving the cellular M2M connections market in US growth during the next few years. Also, growing number of connected devices and rise of industry-specific applications will lead to sizable demand in the market.
The report on the cellular M2M connections market in US covers the following areas:
- Cellular M2M connections market in US sizing
- Cellular M2M connections market in US forecast
- Cellular M2M connections market in US industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cellular M2M connections market in US vendors that include Aeris Communications Inc., Arm Ltd., AT and T Inc., Cisco Systems Inc., Cubic Telecom Ltd., Deutsche Telekom AG, Huawei Technologies Co. Ltd., Intel Corp., KORE Group Holdings Inc., Orange SA, ORBCOMM Inc., Semtech Corp., Telefonaktiebolaget LM Ericsson, Telefonica SA, Telit, Texas Instruments Inc., Thales Group, Verizon Communications Inc., Vodafone Group Plc, and UNICOM Global. Also, the cellular M2M connections market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.