Global M2M Embedded Cellular Network Market Growth (Status and Outlook) 2024-2030

Global M2M Embedded Cellular Network Market Growth (Status and Outlook) 2024-2030

M2M is the one- or two-way exchange of information between devices, using either wired or wireless connectivity without the manual assistance from humans. This technology has been used for decades as the standard in telemetry.

The global M2M Embedded Cellular Network market size is projected to grow from US$ 25820 million in 2023 to US$ 37810 million in 2030; it is expected to grow at a CAGR of 5.6% from 2024 to 2030.

LPI (LP Information)' newest research report, the “M2M Embedded Cellular Network Industry Forecast” looks at past sales and reviews total world M2M Embedded Cellular Network sales in 2023, providing a comprehensive analysis by region and market sector of projected M2M Embedded Cellular Network sales for 2024 through 2030. With M2M Embedded Cellular Network sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world M2M Embedded Cellular Network industry.

This Insight Report provides a comprehensive analysis of the global M2M Embedded Cellular Network 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 M2M Embedded Cellular Network portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global M2M Embedded Cellular Network market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for M2M Embedded Cellular Network 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 M2M Embedded Cellular Network.

The global machine-to-machine (M2M) connectivity market is driven by several factors, including growing demand for connected devices, growing adoption of the Internet of Things (IoT), and the need for efficient communication between machines. Other key drivers include advancements in wireless technology, the rise of cloud computing and big data analytics, and the need for remote monitoring and control of machines. Furthermore, the increasing deployment of smart grids, smart cities, and intelligent transportation systems is expected to drive the demand for M2M connectivity. Finally, the growing trend of automation and digitization across industries is also driving the growth of the M2M connectivity market. The growing popularity of connected devices such as smartphones, tablets, and wearables is driving the growth of the M2M connectivity market. As more and more devices are connected to the Internet, the demand for M2M connectivity is expected to increase. Developments in wireless technologies such as 5G, NB-IoT, and LTE-M are enabling faster and more reliable M2M communications, thereby driving the growth of the market. The use of cloud computing and big data analytics to enable M2M devices to process and analyze data in real time is driving the growth of the market. The need for remote monitoring and control of machines in industries such as healthcare, manufacturing, and transportation is driving the growth of the M2M connectivity market.

This report presents a comprehensive overview, market shares, and growth opportunities of M2M Embedded Cellular Network market by product type, application, key players and key regions and countries.

Segmentation by type
Gateway
Connector
Router
Others

Segmentation by application
Logistics
Industrial
Smart Home
Transportation
Others

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.
ABB
Emerson
Honeywell International
Schneider Electric
Siemens
Yokogawa
Gemalto
HUAWEI
Sierra Wireless
Telit

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