Machine-to-Machine (M2M) Connections Market (By Technology –Wired, Wireless. By Industry- Healthcare, Consumer Electronics, Utilities, Automotive & Transport. By Product Type- Smart Parking Meters, ATMs, POS Terminal, Fare Ticketing Devices) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2021-2031

The ‘Global Machine-to-Machine (M2M) Connections Market’ was valued at $19.2 Billion in 2020 and is expected to reach $34.5 Billion 2031 at the CAGR of 5.1% between 2021 and 2031.

Machine-to-Machine (M2M) Connections Market has the potential to revolutionize the communication industry by 2031. Greater usage of smart phone like devices, high broadband usage, and increasing mobility applications is enhancing the market growth of M2M technology. The machine to machine is a kind of technology that connects people, smart devices and systems in new and modifying ways. Additionally, machine to machine connection application is based on wired and wireless technologies, WSN (Wireless Sensor Networking) technologies and RFID (Radio Frequency Identification). Moreover, the emergence of optical fiber or FTTx offers improved broadband in the form of M2M services. Currently, the high rise in adoption of cellular technology has made machine to machine wireless technology reachable all around the world. Moreover, degradation in prices of M2M connections are encouraging vendors and retailers to implement security cameras for surveillance purposes in restaurants, supermarkets, hotels and many other outlets. These wide varieties of uses of machine to machine connections are augmenting the market growth during the forecast period of 2021-2031.

Machine-to-Machine (M2M) Connections Market offer wide range of benefits in the communication sector. These benefits may include monitoring, remote administration, notification functions and others. Further down, M2M connections market is gaining traction due to rising demand of smart devices. It also provides better service quality and greater security which results in fewer risks. In recent years, the arrival of internet of things (IoT) is boosting the demand and market growth for machine to machine connections over the projection period.

The machine to machine connections market in report is segmented by technology which includes wired technology and wireless technology. Wired technology is further segmented as Ethernet and industrial. Wireless technology is segmented as Wi-Fi, Bluetooth, zigbee. The report is further segmented by industry which includes healthcare, consumer electronics, utilities, automotive and transportation. Healthcare is segmented as telemedicine, fall detector, patient monitoring system. Consumer electronics segment is sub segmented as smart appliances and smart TV. Utilities are further segmented as smart meters and smart grids. Automotive and transportation segment is sub segmented as telematics and fleet monitoring. Moreover, on the basis of product type the M2M connections market is segmented as smart parking meters, ATMs, POS terminal, and fare ticketing devices. The global machine to machine connections market has been moreover segmented geographically into North America, Europe, Asia-Pacific, Middle East and Africa and Latin America.

Download Free PDF Sample Request

 M2M is a new kind of technology and is expected to grow at a high rate with the increase in communication sector across the globe. It will be one of the major trends to gain traction in the smart devices market in the upcoming years. The continuous improvement in technological part electronic data is boosting their extent of application thereby augmenting the growth of the market. Further down in recent days rising number of telecom service provider, telecom equipment provider will fuel the market growth of machine to machine connections.

Some of the major players in the Machine-to-Machine (M2M) Connections market are Afero, Inc. (US), AT&T Inc. (US), Commsolid GmbH (A Goodix Company) (Germany), China Mobile Ltd. (China), Meshify, Inc. (US), Cisco Systems Inc. (US), Deutsche Telekom AG (Germany), Fanstel Corporation (US), ElefonaKTiebolaget Lm Ericsson (Sweden), Gemalto N.V. (Netherlands), Idefigo Group Limited (New Zealand), Intel Corporation (US), Kore Wireless Group (US), Huawei Technologies Co., Ltd., Murata Manufacturing Co., Ltd. (Japan), NXP Semiconductors N.V. (Netherlands), Orange S.A. (France), Sprint Corporation (US), Sierra Wireless Inc. (Canada), Telefonica, S.A (Spain),Telit Communications (UK), Texas Instruments Incorporated (US), U-Blox Holding AG (Switzerland), Verizon Communication Inc. (US), Vodafone Group PLC (UK), and Others.

Scope of the Report:

The Global Machine-to-Machine (M2M) Connections Market has been segmented into:

Global Machine-to-Machine (M2M) Connections Market: By Technology

• Wired
• Ethernet
• Industrial
• Wireless
• Wi-Fi
• Bluetooth
• Zigbee

Global Machine-to-Machine (M2M) Connections Market: By Industry

• Healthcare
• Telemedicine
• Fall Detector
• Patient Monitoring System
• Consumer Electronics
• Smart Appliances
• Smart TV
• Utilities
• Smart Grids
• Smart Meters
• Automotive & Transport
• Telematics
• Fleet Monitoring

Global Machine-to-Machine (M2M) Connections Market: By Product Type

• Smart Parking Meters
• ATMs
• POS Terminal
• Fare Ticketing Devices

Global Machine-to-Machine (M2M) Connections Market: By Geography

• North America
• U.S.
• Canada
• Mexico
• Europe
• U.K.
• France
• Germany
• Rest of Europe
• Asia Pacific
• India
• China
• Japan
• Rest of Asia Pacific
• Middle East and Africa
• South Africa
• Rest of Middle East and Africa
• Latin America
• Brazil
• Rest of Latin America