Global Cellular Machine-to-Machine (M2M) Modules Market Growth (Status and Outlook) 2023-2029

Global Cellular Machine-to-Machine (M2M) Modules Market Growth (Status and Outlook) 2023-2029

M2M refers to machine to machine communication between any devices, including wired as well as wireless. It can include industrial instrumentation with a sensor to communicate with the application software about the recorded data, viz temperature, inventory level, no. of units, etc.

LPI (LP Information)' newest research report, the “Cellular Machine-to-Machine (M2M) Modules Industry Forecast” looks at past sales and reviews total world Cellular Machine-to-Machine (M2M) Modules sales in 2022, providing a comprehensive analysis by region and market sector of projected Cellular Machine-to-Machine (M2M) Modules sales for 2023 through 2029. With Cellular Machine-to-Machine (M2M) Modules sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cellular Machine-to-Machine (M2M) Modules industry.

This Insight Report provides a comprehensive analysis of the global Cellular Machine-to-Machine (M2M) Modules landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cellular Machine-to-Machine (M2M) Modules portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cellular Machine-to-Machine (M2M) Modules market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cellular Machine-to-Machine (M2M) Modules and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cellular Machine-to-Machine (M2M) Modules.

The global Cellular Machine-to-Machine (M2M) Modules market size is projected to grow from US$ 3089.7 million in 2022 to US$ 5047 million in 2029; it is expected to grow at a CAGR of 7.3% from 2023 to 2029.

On the basis of geography, the global M2M cellular market is segmented into North America, Europe, Middle-east, Africa and Asia-Pacific. North America is forecasted to grow as a favorable market for M2M technology. Asia-Pacific and other regions are in emerging stages for this market. The emerging markets are forecasted to witness a greater scope for M2M cellular devices for the forecasted period. Moreover, a huge ROI is expected in cellular M2M value added services in the emerging markets owing to good chances of augmented performance in M2M value added services.

This report presents a comprehensive overview, market shares, and growth opportunities of Cellular Machine-to-Machine (M2M) Modules market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
WiMAX
LTE modules
2G, 3G

Segmentation by application
Healthcare
Energy & Utilities
Automotive
Security
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Huawei
Sierra Wireless
SIMcom Wireless Solutions
Novatel Wireless
Telit Communications
U-blox

Please note: The report will take approximately 2 business days to prepare and deliver.