Global Machine-to-Machine (M2M) Connections Market is expected to grow at a CAGR of +6.5% by 2027 | Analysis of Potential Growth Opportunities with key Players and Relevant Statistics

Machine-to-Machine (M2M) Connections

The standardization of Internet Protocol version 6 (IPv6) has created a surge in the demand of machine-to-machine (M2M) connections market. The machine-to-machine (M2M) connections market is expected to surpass US$29,118.4 million by 2027, growing at a CAGR of 6.5%. Industry leaders are largely investing owing to the tremendous number of opportunities being unveiled. The wide-range of M2M connection comprises various innovative applications from telematics to telemetric. Attributes including remote reading of electric meters and smart/intelligent remote control for machine parts are bringing operational efficiency and incremental revenues. The rollout of 3G and LTE/4G networks have bestowed devices with incessant connectivity and amplified bandwidth. This has worked in favor of M2M connection for applications namely multimedia content delivery, inventory tracker, remote video surveillance, remote information display, and health meters. Hefty investments are being made in the direction of mobile packet gateways (Packet Data Serving Node and Gateway GPRS Support Node), which is a mandatory support system for M2M communications. Additionally, organizations offering business support systems are actively seizing the opportunity related to M2M connection and its innovative applications.

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During the next six years, the demand for machine-to-machine connection will witness higher growth from developing markets with the rising development and deployment of 3G and LTE/4G networks. The Chinese Government’s decision to develop China as a nation of smart cities, has laid down the foundation for further expansion and accelerated development of machine-to-machine connection.

The detailed research study provides qualitative and quantitative analysis of the global machine-to-machine (M2M) connections market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further, across all the major countries. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East, Africa, and Latin America.

Global Machine-to-Machine (M2M) Connections Market Revenue (US$ Million), 2018         Machine-to-Machine (M2M) Connections

Some of the major players operating in the global machine-to-machine (M2M) connections market are AOTMP, Echelon, EMNIFY GMBH, Gemalto NV, LINK LABS, M2M Connectivity, NEC Technologies India Private Limited, Ochre Media Pvt Ltd., Rosenberger, SaskTel,, TATA Communications, Trinity Maxwell Limited, Verizon, Telia Company, Wireless Logic, WireSpring Technologies, Inc. amongst others.

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By Technology

  • Wired Technologies
    • Ethernet
    • Modbus
    • Profinet
    • Foundation Fieldbus
  • Wireless Technologies
    • Short Range
      • Wi-Fi
      • Zigbee
      • Bluetooth
      • Others
    • Cellular Network

By End-User Industry 

  • Healthcare
  • Utilities
  • Automotive & Transportation
  • Retail
  • Consumer Electronics
  • Security & Surveillance
  • Others (Agriculture, Etc.

By Geography

  • North America
    • U.S
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • New Zealand
    • Southeast Asia
    • Rest of Asia Pacific
  • Middle East and Africa
    • GCC Countries
    • Southern Africa
    • Rest of Middle East and Africa
  • Latin America
    • Brazil
    • Rest of Latin America