openPR Logo
Press release

Machine to Machine (M2M) Cellular Modules Market Will Generate Record Revenue by 2029

11-07-2023 07:33 AM CET | Media & Telecommunications

Press release from: Orion Market Research

Machine to Machine (M2M) Cellular Modules Market Will Generate

Machine to Machine (M2M) Cellular Modules Market is expected to grow at a significant CAGR during the forecast period. Machine-to-machine communication refers to direct communication between devices through any communication medium, including wired and wireless. This system connects machines to mobile devices, mobile devices to mobile devices, and mobile devices to machines. Manufacturing, logistics, transportation, and healthcare are a few of the industries that utilize it extensively.

Multiple applications of M2M cellular modules, such as video surveillance, asset monitoring, fleet management, and point-of-sale systems (POS), are driving demand for these modules, boosting the M2M cellular modules market. End-user adoption of M2M devices is increasing due to their cost-effectiveness and connectivity. Furthermore, the growing use of M2M value-added services to ensure vehicle safety and security is driving the M2M cellular modules market growth.

The value-added service of M2M cellular modules is being incorporated into various companies to assure operational efficiency and prevent losses, resulting in rising demand for M2M cellular modules. The demand for data dependability and efficiency, as well as integrated telecommunications, is driving the M2M cellular modules market growth. Furthermore, as the cost of connectivity has decreased, vendors have been encouraged to use wireless communications, which has driven the growth of the M2M cellular modules market.

Because of the adoption of government rules that permit a larger deployment of cellular M2M in major industries such as utilities, smart cities, automotive, and healthcare, the cellular-based (M2M) market is anticipated to grow over the forecast period. According to Cisco, global mobile device sales will increase from 8.6 billion in 2017 to 12.3 billion in 2022. This massive expansion will have a positive impact on the M2M market.

To Request a Sample of our Report on Machine to Machine (M2M) Cellular Modules Market: https://www.omrglobal.com/request-sample/machine-to-machine-m2m-cellular-modules-market

Market Coverage

The market number available for - 2020-2030
Base year- 2022
Forecast period- 2022-2030
Segment Covered-

By Type
By End-User
Competitive Landscape: Gemalto N.V., Huawei Technologies Co., Ltd., Kyocera Corporation, Neoway Technology Co. Ltd., Novatel Wireless, Inc., and Sierra Wireless, Inc. among others.


Machine to Machine (M2M) Cellular Modules Market Report

By Type

Managed Service
Professional Service
By End-User

Retail
Banking & Financial Institution
Telecom and IT Industry
Healthcare
Automotive
Oil and Gas
Transportation
A full Report of Machine to Machine (M2M) Cellular Modules Market is Available at: https://www.omrglobal.com/industry-reports/machine-to-machine-m2m-cellular-modules-market

Regional Analysis

North America

United States
Canada
Europe

UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific

India
China
Japan
South Korea
Rest of APAC
Rest of the World

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/machine-to-machine-m2m-cellular-modules-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Machine to Machine (M2M) Cellular Modules Market Will Generate Record Revenue by 2029 here

News-ID: 3278311 • Views:

More Releases from Orion Market Research

Transportation and Fleet Management Solutions Market to Witness Growth Acceleration by 2031
Transportation and Fleet Management Solutions Market to Witness Growth Accelerat …
The global transportation and fleet management solutions market is anticipated to grow at a significant CAGR of 16.3% during the forecast period. The push towards EVs as a sustainable transportation solution led to the integration of EVs into fleet operations. Fleet management solutions are being adapted to support the unique needs of EVs, including charging infrastructure management. Additionally, policymakers are launching zero-emission vehicle programs and setting emissions reduction targets that
Supply Chain Logistics Management Software Market to Witness Growth Acceleration by 2031
Supply Chain Logistics Management Software Market to Witness Growth Acceleration …
The global supply chain logistics management software market is anticipated to grow at a considerable CAGR of 9.8% during the forecast period. The major factors driving the market includes the rising demand for visibility and transparency of supply chain data and processes, technological advancements in the supply chain industry, and rising integration of AI with supply chain logistics management software that creates a lucrative opportunities in the market. For instance,
Security Automation Market Size Report Predicts Healthy Growth with Demand & Forecasts by 2024-2031
Security Automation Market Size Report Predicts Healthy Growth with Demand & For …
Global security automation market is anticipated to grow at a CAGR of 12.8% during the forecast period. The increasing cases of cyber-attacks and data breaches globally are boosting the market. Cyber-attacks are increasing and more frequent across almost every industry, making it difficult for security teams to keep up manually. Hence, security automation can help industries to automate repetitive tasks and free up security teams to focus on more strategic
Remote Workforce Management Software Market to Witness Growth Acceleration by 2031
Remote Workforce Management Software Market to Witness Growth Acceleration by 20 …
The global remote workforce management software market is anticipated to grow at a considerable CAGR of 11.4% during the forecast period. The increasing adoption of remote workforce management software in various industries drives remote workforce management software. The construction industry often experiences fluctuations in demand due to market conditions, seasonality, and new product launches. Remote workforce management software allowed automotive companies to scale their workforce based on demand and effectively

All 5 Releases


More Releases for M2M

M2M Connected Services Market Set To Rising Industry Demand, Latest Advancements …
The Worldwide "M2M Connected Services Market" Report has continued to grow over the past few years and is projected to grow at a good pace during the forecast period of 2022-2028 . This research provides 360-degree views and insights and highlights key achievements in the M2M Connected Services industry. In particular, it sheds light on market fluctuations, price structure, uncertainties, potential risks and growth prospects to help players plan effective
M2M Mobile Services Market Booming Global Highest Growth and Innovative Technolo …
The Global "M2M Mobile Services Market" report focused on the comprehensive analysis of current and future prospects of the M2M Mobile Services industry. This report highlights primary and secondary research, which provides market size, company share, dynamics, forecast, macro, and micro environmental factors. An in-depth analysis of past trends, future trends, demographics, technological advancements, and regulatory requirements for the M2M Mobile Services market has been done in order to calculate
Agriculture Machine to Machine (M2M) Agriculture Machine to Machine (M2M)
Global Agriculture Machine to Machine (M2M) market study offers an all-inclusive analysis of the major strategies, corporate models, and market shares of the most noticeable players in this market. Significant market players of market their aggressive scene, improvement plans and arrangements are clarified in the research report. Further, the market status and SWOT analysis are conducted on a regional and country level to prepare development plans and analyse the market
M2M Services Market - Improved Internet Connectivity Ramps M2M Services Demand
The global M2M services market is featured by the dominance of some of the large telecom companies that have global presence, says a recent market publication by Transparency Market Research (TMR). Some of the prominent names in the global M2M services market are AT&T, Deutsche Telekom AG, Gemalto NV, PTC, Ericsson AB, EE Limited, Sprint.com, Aeris Communications Inc., PTC, Verizon Wireless, and Oracle. Keen players in the market are investing heavily
M2M Services Market: Improved Internet Connectivity Ramps M2M Services Demand
The global M2M Services Market is featured by the dominance of some of the large telecom companies that have global presence, says a recent market publication by Transparency Market Research (TMR). Some of the prominent names in the global M2M services market are AT&T, Deutsche Telekom AG, Gemalto NV, PTC, Ericsson AB, EE Limited, Sprint.com, Aeris Communications Inc., PTC, Verizon Wireless, and Oracle. Keen players in the market are investing heavily
Cellular M2M Markets
Consistent growth driven mainly by Automotive and Utilities This report analyses the overriding trends and changes taking place in the M2M market around the globe. It explores the driving forces behind the market’s growth and transformation, including an examination of major market trends, plus volume and value forecasts up to 2020 by region (4) and by country (25). It also presents the quantitative evolution of cellular modules, by application and by networking technology.