M2M Communications Market, Global Outlook and Forecast 2023-2030
The Machine to Machine (M2M) communication is a type of data communication technology that enables the devices such as sensors or meter to share information automatically with other devices and perform necessary action through a network which can be wired, wireless or hybrid without human intervention. M2M communication is often used for remote monitoring to capture an event and transfer data between mechanical or electronic devices.
This report aims to provide a comprehensive presentation of the global market for M2M Communications, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding M2M Communications. This report contains market size and forecasts of M2M Communications in global, including the following market information:
Global M2M Communications Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global M2M Communications market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Machine to machine (M2M) satellite communication is a revolutionary technology that enables both wired and wireless systems to communicate with other similar devices. It is widely used for communication purposes to transfer and control data in locations with limited broadband networks. M2M-based satellite communication has encouraged organizations to expand their market reach globally, without facing any communication delays and problems. Machine to machine satellite communication providers have installing services in cloud, which has augmented the usage of M2M satellite communication. This technology is used in industries for monitoring and managing their assets remotely.
We surveyed the M2M Communications companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global M2M Communications Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global M2M Communications Market Segment Percentages, by Type, 2022 (%)
Automatic Identification System
Satellites Telemetry
Others
Global M2M Communications Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global M2M Communications Market Segment Percentages, by Application, 2022 (%)
Retail
Healthcare
Government and Public Sector
Agriculture
Automotive
Others
Global M2M Communications Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global M2M Communications Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies M2M Communications revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies M2M Communications revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
KORE Wireless Group, Inc
Orange SA
Sierra Wireless,Inc
Ibexis Ltd.
ELSE SA
Orbcomm Inc.
Iridium Communications Inc.
Quake Global, Inc.
Stellar Satellite Communications Ltd.
Remote Intelligence Systems LLC.
Outline of Major Chapters:
Chapter 1: Introduces the definition of M2M Communications, market overview.
Chapter 2: Global M2M Communications market size in revenue.
Chapter 3: Detailed analysis of M2M Communications company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of M2M Communications in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
