Global Cellular M2M Value-Added Services (VAS) Market 2023-2027
The cellular M2M value-added services (VAS) market is forecasted to grow by USD 50390.53 mn during 2022-2027, accelerating at a CAGR of 24.59% during the forecast period. The report on the cellular M2M value-added services (VAS) market 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 growing demand for enhanced M2M data communication, escalating demand for satcom connectivity, and an increasing number of mobile computing devices.
Technavio's cellular M2M value-added services (VAS) market is segmented as below:
By End-user
- Consumer electronics
- Automotive
- Healthcare
- Transportation and logistics
- Others
By Service
- Managed services
- Professional services
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the growth of the automotive industry by leveraging 5g technology as one of the prime reasons driving the cellular M2M value-added services (VAS) market growth during the next few years. Also, the rising use of M2M-based digital signage in the retail sector and the increased use of M2M technology for security and surveillance will lead to sizable demand in the market.
The report on the cellular M2M value-added services (VAS) market covers the following areas:
- Cellular M2M value-added services (VAS) market sizing
- Cellular M2M value-added services (VAS) market forecast
- Cellular M2M value-added services (VAS) market 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 value-added services (VAS) market vendors that include Aeris Communications Inc., Amdocs Ltd., AT and T Inc., China Mobile Ltd., Choice IoT Inc., Deutsche Telekom AG, Digi International Inc., eDevice S.A., KDDI Corp., Nippon Telegraph And Telephone Corp., Orange SA, Rogers Communications Inc., Semtech Corp., Telefonica SA, Telenor Group, Telit IoT Platforms LLC, Thales Group, United States Cellular, Verizon Communications Inc., and Vodafone Group Plc. Also, the cellular M2M value-added services (VAS) market 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.