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Cellular Machine-to-Machine (M2M) Modules - Global Market Trajectory & Analytics

  • ID: 2255368
  • Report
  • May 2021
  • Region: Global
  • 347 Pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Gemalto N.V.
  • Kyocera Corporation
  • Sierra Wireless, Inc.
  • Telit Communications PLC
  • u-blox
  • ZTE Corporation

Global Cellular Machine-to-Machine (M2M) Modules Market to Reach $4.9 Billion by 2027


Amid the COVID-19 crisis, the global market for Cellular Machine-to-Machine (M2M) Modules estimated at US$2.9 Billion in the year 2020, is projected to reach a revised size of US$4.9 Billion by 2027, growing at a CAGR of 8% over the analysis period 2020-2027. Fleet Management, one of the segments analyzed in the report, is projected to record a 8.3% CAGR and reach US$1.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Security segment is readjusted to a revised 7.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $672.5 Million, While China is Forecast to Grow at 10.4% CAGR


The Cellular Machine-to-Machine (M2M) Modules market in the U.S. is estimated at US$672.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$545.9 Million by the year 2027 trailing a CAGR of 10.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.4% and 7.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.4% CAGR.

Remote Monitoring & Control Segment to Record 7.9% CAGR


In the global Remote Monitoring & Control segment, USA, Canada, Japan, China and Europe will drive the 7.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$471.6 Million in the year 2020 will reach a projected size of US$789 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$715.4 Million by the year 2027, while Latin America will expand at a 8.5% CAGR through the analysis period.

Select Competitors (Total 25 Featured) -

  • Gemalto N.V.
  • Huawei Technologies Co., Ltd.
  • Kyocera Corporation
  • Neoway Technology Co. Ltd.
  • Sierra Wireless, Inc.
  • SIMCom Wireless Solution Co. Ltd.
  • Telit Communications PLC
  • u-blox
  • ZTE Corporation
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Gemalto N.V.
  • Kyocera Corporation
  • Sierra Wireless, Inc.
  • Telit Communications PLC
  • u-blox
  • ZTE Corporation
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • An Introduction to Cellular Machine-To-Machine (M2M) Modules
  • Machine-to-Machine (M2M) Communication
  • Cellular Machine to Machine Module: A Brief Introduction
  • Brief Technology Overview
  • Primary Applications of Cellular M2M Technology
  • Fitting M2M in The Cellular Ecosystem
  • Cellular Machine-To-Machine (M2M) Modules: Current Market Scenario and Outlook
  • Recent Market Activity
  • Exhibit 1: World Cellular M2M Data Traffic: Annual Breakdown of Data Traffic (in Petabytes/Annum) for Years 2014, 2016, 2018, 2020, 2022 & 2024
  • Exhibit 2: Breakdown of Global Number of M2M Connections by Cellular Technology (in %) for the Years 2018, 2020, & 2022
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • Evolving Telecom Infrastructure: The Foundation for Cellular M2M Communications
  • Growing Investments in New Generation Wireless Communication Platforms to Strengthen the Cellular M2M Market
  • Exhibit 3: Worldwide Wireless Infrastructure Investments (in US$ Million) for the Years 2018 & 2022
  • Wired Vs Wireless Links & the Threat Posed by Public IP and Private IP Connectivity Alternatives
  • Northbound Trajectory in M2M Sector Creates Highly Conducive Environment for Cellular M2M Technologies
  • Exhibit 4: Number of M2M Connections Worldwide (in Billion) for the Years 2017 through 2023
  • Emergence of Connected Enterprises Fuels Growth Opportunity for M2M in the Industrial/Commercial Sector
  • Exhibit 5: Robust Opportunities in the Offing for Wireless M2M Connections & Modules in the Sprawling Connected Enterprise Market: Global Connected Enterprise Market (In US$ Billion) for the Years 2017, 2022 and 2024
  • Focus on Intelligent Asset Management: The Cornerstone for the Growth of Cellular M2M in the Enterprise Sector
  • Exhibit 6: Intelligent Asset Management Industry Offers a Fertile Playing Ground for M2M Communication Technology: Global Enterprise Asset Management Market (In US$ Billion) for the Years 2017 & 2022
  • Rapid Adoption Among SMEs Worldwide Bodes Well for the Growth of the Cellular M2M Market
  • Large Scale Telematics Programs Drive M2M Deployments & Demand for M2M Modules
  • The Rise of the Connected Car Drives Demand for Connected Car M2M Services
  • Robust Investments in ITS Fuels M2M Intelligent Transport Systems & Traffic Telematics
  • Mandatory Telematics Regulations Lends Traction to In-Vehicle M2M Telematics Services
  • Exhibit 7: Rapidly Growing Automotive Telematics Market Provides a Gold Mine of Opportunities for Cellular M2M Connections: Global Telematics Market (In US$ Billion) for the Years 2017, 2022 & 2024
  • Rise of On-Demand Transport Services & Emphasis On Productivity Enhancement Make Fleet Management the Largest Telematics Based Services Sector for M2M
  • Exhibit 8: The Growing Opportunity in Fleet Management Bodes Well for Cellular M2M Technology & Its Ecosystem: Global Installed Base of Fleet Management Systems (In 000 Units) for the Years 2017, 2020 & 2022
  • The Rise of Smart Homes Drives Interest in Ubiquitous Automation Via M2M
  • Exhibit 9: Smart Home Penetration Rate (%) by Region/Country: 2020
  • Exhibit 10: Expanding Digital Lifescape to Incentivize Growth of Smart Home M2M Solutions: Global Adoption Rates (In %) of Consumer Smart Home Systems for the Years 2017 & 2022
  • Government Policy Led Migration to Smart Cities Spurs the Growth Potential of M2M
  • Exhibit 11: Connected Things in Smart Cities: Installed Base (in Million) by Segment for 2015 and 2019
  • Growing Value of Connectivity in Utility Operations Expands Opportunities for Cellular M2M
  • Exhibit 12: Growing Investments in Smart Grid Networks for Automation & Digital Communications Spur Opportunities for Cellular M2M: Global Investments in Advanced Metering Infrastructure (AMI) & Smart Grid (In US$ Billion) for Years 2017 & 2020
  • Sizing Cellular M2M Opportunities in the Smart Healthcare Industry
  • Medical Equipment Manufacturers Venturing into M2M-Enabled Devices
  • Exhibit 13: The Growing Smart Healthcare Ecosystem Bodes Well for the Future Role of Cellular M2M in e-Healthcare: Global Smart Healthcare Market (In US$ Billion) for the Years 2017 & 2022
  • Investments in Industrial Automation Speeds Up Cellular M2M Deployments
  • Fast Evolving Role of Industry 4.0 to Benefit Market Expansion
  • Exhibit 14: Global Investments on Industry 4.0 Technologies (in US$ Billion) for the Years 2017, 2020, & 2023
  • M2M-enabled Devices Gain Acceptance for Electronic Payments
  • Electronic Security Applications to Boost Revenue for Cellular M2M Market
  • Government Intervention Bodes Well for the Market
  • Resolving Prevailing Issues & Challenges: Critical for Future Success of the Market
  • Security: The Most Important Issue Requiring Immediate Resolution
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

UNITED STATES
  • M2M Market to Experience Noticeable Gains
  • M2M Communication Seeks Role in the Thriving Fleet Telematics Domain
  • Budding Demand for Specialized Service Providers
CANADA

JAPAN

CHINA
  • China Leverages the Huge M2M and IoT Opportunity
  • Government Support Key for Chinese M2M Market Growth
  • Industry Participants Sweat it Out to Create a Robust M2M Market Space
  • Transport; The Key Sector
  • Fragmented M2M Ecosystem: A Key Challenge for the Chinese M2M Industry
  • Need for Standardization
  • Future Course of Action
EUROPE
  • The eCall Regulation Bodes Potential
  • Surge in Demand for Telematics Fitted Commercial Vehicles
  • M2M Regulatory Mandates in the EU
FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA
  • Cellular M2M Market Gets Major Boost from Smart City and Smart Grid Initiatives
  • M2M Finds Increasing Applications in End-Use Sectors
SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA
  • Market Overview
ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

AFRICA

IV. COMPETITION
  • Total Companies Profiled: 25
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Gemalto N.V.
  • Huawei Technologies Co., Ltd.
  • Kyocera Corporation
  • Neoway Technology Co. Ltd.
  • Sierra Wireless, Inc.
  • SIMCom Wireless Solution Co. Ltd.
  • Telit Communications PLC
  • u-blox
  • ZTE Corporation
Note: Product cover images may vary from those shown
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