Cellular M2M Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, Forecast to 2027

The global cellular M2M market is projected to grow from USD 7.19 billion in 2020 to USD 8.86 billion in 2021 at a compound annual growth rate (CAGR) of 21%. Growth is driven primarily by increasing adoption of wireless connectivity across industries to improve operational efficiencies, quality of products and services, and advances in connectivity technologies are also driving market growth. The cellular M2M market is expected to reach USD 237.9 billion in 2025, at a CAGR of 28.37%. The adoption of high-speed internet and connectivity technologies such as 4G and 5G is expected to propel the growth of the cellular M2M market during the forecast period.

Some of the important players in cellular M2M market are AT&T, Verizon Communications, Vodafone Group PLC, Sprint Corporation, Amdocs Inc., China Mobile Limited, Deutsche Telecom AG, Telefonica SA, Aeris Communications and Sierra Wireless.

Cellular M2M Market: Segmentation

By Component:

• Hardware
• Software
• Services

By End-Use:

• Banking, Financial Services and Insurance (Bfsi)
• Media & Communication Services
• Manufacturing and Automotive
• Government and Utilities
• Information Technology and Telecommunication Services
• Security and Surveillance
• Aerospace and Defence

By Technology:

• Cloud Computing
• Artificial Intelligence (Ai)
• Machine Learning

Key Questions Answered by Cellular M2M Market Report

• What was the Cellular M2M Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Cellular M2M Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Cellular M2M Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume