Market Highlights

The study reveals that is trending in North America region. The Global M2M connections has been dominated by two sectors consisting of consumer electronics including cameras, music players and TVs and intelligent buildings such as security and HVAC systems. The major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players.

The study indicates that the M2M module unit shipments are dominated by 4G today, but soon 5G will rule the revenue opportunity with the shift toward broadband technologies, and it will emerge as the fastest-growing technology segment in terms of percentage of units. The deployment of 4G LTE technologies in the automotive sector is among the major reasons for the increased adoption of M2M systems. While, the consumer electronics segment is the second largest and most important vertical sector, driven by connected car deployments.

The Machine-to-Machine (M2M) Connections Market USD $ 27.05 Billion by the year 2023 while growing at 9.9 per cent CAGR between the years 2017 to 2023.

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Key Players

The prominent players in the Machine-to-Machine (M2M) Connections Market are – AT&T Inc. (U.S), Deutsche Telekom A G (Germany), NTT Data (Japan), Telenor Group (Norway), Intel Corporation (US), Texas Instruments Incorporated (US), Gemalto N.V. (Netherlands), Vodafone Group PLC (UK), Telit Communications (UK), U-blox Holding AG (Switzerland), and Verizon Communications, Inc. (U.S) among others.

Machine-to-Machine (M2M) Connections Market Segmentation

The Machine-to-Machine (M2M) Connections Market has been segmented on the basis technology, product, end users and region. Looking through the end-user segment, the healthcare providers and other participants in this market are making significant investments in M2M solutions. While, the M2M services are mainly used for the remote monitoring of cars and theft recovery in the automotive industry. The areas that are driving this growth will be the automotive industry, with new smart cars, utility companies with transportation, healthcare and security. The growth-driving vertical markets such as intelligent buildings, consumer electronics, automotive and healthcare, utilities. All the components are made in order to have a long life and our experiences are so good that it has given us the necessary confidence to offer the best guarantee on the market.

Regional Analysis:

The regional analysis of Machine-to-Machine connections market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. In North America, it has been estimates that 65% of M2M service revenue is accounted for by the service wrap and 35% by the provision of connectivity. While, the majority of the revenue comes from service enablement with the remainder coming from the provision of basic short range connectivity. While in Europe, the operators such as Vodafone and Deutsche Telekom are already seeing modest success in the connected health market, is anticipated to be the leading region.

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