Press release
Machine to Machine (M2M) Cellular Modules Market to Witness Growth Acceleration by 2031
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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.
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 available @ https://www.omrglobal.com/industry-reports/machine-to-machine-m2m-cellular-modules-market
Machine to Machine (M2M) Cellular Modules Market Report Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
Company Profiles
• Gemalto N.V.
• Huawei Technologies Co., Ltd.
• Kyocera Corporation
• Neoway Technology Co. Ltd.
• Novatel Wireless, Inc.
• Sierra Wireless, Inc.
Reasons to Buying From us -
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2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
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Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
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