Machine to Machine (M2M) Services Market, Global Outlook and Forecast 2023-2032
The global Machine to Machine (M2M) Services 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)servicesarecommunicationbetweenmachinetomachineusingcommunicationnetworkswithoutanymanualinterference.Thiscommunicationisperformedoverbothwiredandwirelessnetwork.Mainfunctionofmachine-to-machine(M2M)istofetchsensorsdataandtransmitittonetworkwherenetworkdevicesinterpretdataefficientlywhichhelpsineffortlessdecisionmaking.
This report aims to provide a comprehensive presentation of the global market for Machine to Machine (M2M) Services, 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 Machine to Machine (M2M) Services. This report contains market size and forecasts of Machine to Machine (M2M) Services in global, including the following market information:
- Global Machine to Machine (M2M) Services Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global top five companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Wi-Fi Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Machine to Machine (M2M) Services include Cisco, IBM, Rogers Communications, Cstar Technologies, Alcatel-Lucent, Comarch, Huawei Technologies, Intel Corporation and Google, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Machine to Machine (M2M) Services 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 Machine to Machine (M2M) Services Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Machine to Machine (M2M) Services Market Segment Percentages, by Type, 2022 (%)
- Wi-Fi
- Ethernet
- Zigbee
- Satellite
- Power-Line
Global Machine to Machine (M2M) Services Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Machine to Machine (M2M) Services Market Segment Percentages, by Application, 2022 (%)
- IT & Telecom
- Healthcare
- Automotive
- Oil & Gas
- Agriculture
- Banking & Finance
- Utlities and Security & Surveillance
- Transport and Logistics
- Retail
- Other
Global Machine to Machine (M2M) Services Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Machine to Machine (M2M) Services Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Machine to Machine (M2M) Services revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Machine to Machine (M2M) Services revenues share in global market, 2022 (%)
key players include:
- Cisco
- IBM
- Rogers Communications
- Cstar Technologies
- Alcatel-Lucent
- Comarch
- Huawei Technologies
- Intel Corporation
- Google
- Gemalto N.V. ( Now Thales Group)
- Amdocs
- EE
- Verizon Communications
- Sierra Wireless
- Telit Wireless Solution
- SIMcom Wireless Solutions
- U-blox
- Vodafone
- Bharti Airtel
- Tata Teleservices
- Wipro
- Jasper Technologies
- Tech Mahindra
- Aeris Communication
- Infosys Technologies
- Aircel
- Nokia
Outline of Major Chapters:
Chapter 1: Introduces the definition of Machine to Machine (M2M) Services, market overview.
Chapter 2: Global Machine to Machine (M2M) Services market size in revenue.
Chapter 3: Detailed analysis of Machine to Machine (M2M) Services 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 Machine to Machine (M2M) Services 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.
