Cellular Machineto-Machine Market
Cellular Machine-to-Machine Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
Request Sample Report
Cellular Machine-to-Machine Market Size and Growth
The Cellular Machine-to-Machine (M2M) market is rapidly expanding, driven by increasing demand for IoT applications across industries. In 2023, the market size is estimated at $25 billion, with a projected CAGR of 25% over the next five years, reflecting heightened adoption of connected devices and advanced communication technologies.
Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Cinterion
◍ Huawei
◍ iWOW Technology
◍ Novatel Wireless
◍ Sagemcom
◍ Sierra Wireless
◍ SIMcom Wireless Solutions
◍ Telit Communications
◍ u-blox
◍ AT&T
◍ Cisco Systems
◍ Gemalto
◍ Intel
◍ Texas Instruments
◍ China Mobile
◍ Deutsche Telekom
◍ Jasper Technologies
The Cellular Machine-to-Machine (M2M) market features key players like Sierra Wireless and Telit Communications, offering modules and platforms for connectivity. Companies like AT&T and Verizon enhance M2M services through robust networks. Revenue for select companies includes:
- Sierra Wireless: $400 million
- Telit: $360 million
- Cisco: $50 billion (overall, with significant M2M contributions).
◍ Sprint Corporation
Request Sample Report
Market Segmentation
By Application
Utilities
Automotive & Transportation
By Product
◍ Second-Generation (2G)
◍ Third-Generation (3G)
◍ Fourth-Generation (4G)/Long-Term Evolution (LTE) ◍ Healthcare
Retail
Consumer Electronic
Security & Surveillance
Market Growth
Request Sample Report
$ X Billion USD
