Massive Machine Type Communication (mMTC) Market, Global Outlook and Forecast 2023-2030
Massive Machine Type Communication (mMTC) Also Known As Massive Machine Communication MMC) or Massive Machine to Machine Communication is a Type of Communication Between Machines over Wired or Wireless Networks Where Data Generation, Information Exchange and Actuation Takes Place with Minimal or No Intervention from Humans. It is a Sub-classification of Machine Type Communication (MTC). mMTC Deals Particularly with Wireless Connectivity and Networking Amongst Massive Numbers (billions) of Machines and is Considered a Key Progression from the Internet of Things Iot to the Internet of Everything.
This report aims to provide a comprehensive presentation of the global market for Massive Machine Type Communication (mMTC), 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 Massive Machine Type Communication (mMTC). This report contains market size and forecasts of Massive Machine Type Communication (mMTC) in global, including the following market information:
Global Massive Machine Type Communication (mMTC) Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Massive Machine Type Communication (mMTC) 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.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Wireless Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Massive Machine Type Communication (mMTC) include Huawei, Telefonaktiebolaget LM Ericsson, Nokia, Samsung, Panasonic, Intel, ZTE Corporation, NEC Corporation and Cisco Systems, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Massive Machine Type Communication (mMTC) 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 Massive Machine Type Communication (mMTC) Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Massive Machine Type Communication (mMTC) Market Segment Percentages, by Type, 2022 (%)
Wireless
Wired
Global Massive Machine Type Communication (mMTC) Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Massive Machine Type Communication (mMTC) Market Segment Percentages, by Application, 2022 (%)
Healthcare
Transportation
Industrial
Agriculture
Others
Global Massive Machine Type Communication (mMTC) Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Massive Machine Type Communication (mMTC) 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 Massive Machine Type Communication (mMTC) revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Massive Machine Type Communication (mMTC) revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Huawei
Telefonaktiebolaget LM Ericsson
Nokia
Samsung
Panasonic
Intel
ZTE Corporation
NEC Corporation
Cisco Systems
Qualcomm Incorporated
Telecom Italia
Outline of Major Chapters:
Chapter 1: Introduces the definition of Massive Machine Type Communication (mMTC), market overview.
Chapter 2: Global Massive Machine Type Communication (mMTC) market size in revenue.
Chapter 3: Detailed analysis of Massive Machine Type Communication (mMTC) 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 Massive Machine Type Communication (mMTC) 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.
