Amid the COVID-19 crisis, the global market for M2M Services estimated at US$13.4 Billion in the year 2020, is projected to reach a revised size of US$60.9 Billion by 2027, growing at a CAGR of 24.2% over the analysis period 2020-2027. Retail, one of the segments analyzed in the report, is projected to record a 30.6% CAGR and reach US$5.2 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 Manufacturing segment is readjusted to a revised 31.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $4 Billion, While China is Forecast to Grow at 23.7% CAGR
The M2M Services market in the U.S. is estimated at US$4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$10.6 Billion by the year 2027 trailing a CAGR of 23.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 21.5% and 20.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 17% CAGR.
Healthcare Segment to Record 22.1% CAGR
In the global Healthcare segment, USA, Canada, Japan, China and Europe will drive the 22.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1 Billion in the year 2020 will reach a projected size of US$4.1 Billion 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$7.2 Billion by the year 2027.We bring years of research experience to this 9th edition of our report. The 121-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
- Aeris Communications, Inc.
- AMDOCS Ltd.
- Applied Satellite Technology Systems Ltd.
- AT&T, Inc.
- China Mobile Ltd.
- Comarch SA
- Digi International, Inc.
- EE Limited
- Ericsson AB
- Gemalto NV
- Huawei Technologies Co., Ltd.
- KORE Wireless Group, Inc.
- Novatel Wireless, Inc.
- Nupoint Systems Inc.
- Oracle Corporation
- Orange Business Services
- PTC, Inc.
- Quake Global, Inc.
- Rogers Communications, Inc.
- Sierra Wireless, Inc.
- Sprint Corporation
- Tech Mahindra Ltd.
- Telefonica SA
- Telia Company AB
- Telit Communications PLC
- u-blox AG
- Verizon Wireless
- Wipro Ltd.
The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares
M2M Services Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: M2M Services Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: M2M Services Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
TABLE 3: Retail (End-Use) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027
TABLE 4: Retail (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2020 VS 2027
TABLE 5: Manufacturing (End-Use) Worldwide Sales in US$ Million by Region/Country: 2020-2027
TABLE 6: Manufacturing (End-Use) Market Share Shift across Key Geographies: 2020 VS 2027
TABLE 7: Healthcare (End-Use) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 8: Healthcare (End-Use) Market Share Breakdown by Region/Country: 2020 VS 2027
TABLE 9: Automotive (End-Use) Demand Potential Worldwide in US$ Million by Region/Country: 2020-2027
TABLE 10: Automotive (End-Use) Share Breakdown Review by Region/Country: 2020 VS 2027
TABLE 11: Consumer Electronics (End-Use) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 12: Consumer Electronics (End-Use) Distribution of Global Sales by Region/Country: 2020 VS 2027
TABLE 13: Energy and Mining (End-Use) Sales Estimates and Forecasts in US$ Million by Region/Country for the Years 2020 through 2027
TABLE 14: Energy and Mining (End-Use) Global Market Share Distribution by Region/Country for 2020 and 2027
TABLE 15: Transportation and Logistics (End-Use) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027
TABLE 16: Transportation and Logistics (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2020 VS 2027
TABLE 17: Oil and Gas (End-Use) Worldwide Sales in US$ Million by Region/Country: 2020-2027
TABLE 18: Oil and Gas (End-Use) Market Share Shift across Key Geographies: 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US M2M Services Market Share (in %) by Company: 2019 & 2025
Market Analytics
TABLE 19: United States M2M Services Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
TABLE 20: M2M Services Market Share Breakdown in the United States by End-Use: 2020 VS 2027
CANADA
TABLE 21: Canadian M2M Services Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
TABLE 22: Canadian M2M Services Market Share Analysis by End-Use: 2020 VS 2027
JAPAN
TABLE 23: Japanese Demand Estimates and Forecasts for M2M Services in US$ Million by End-Use: 2020 to 2027
TABLE 24: M2M Services Market Share Shift in Japan by End-Use: 2020 VS 2027
CHINA
TABLE 25: Chinese Demand for M2M Services in US$ Million by End-Use: 2020 to 2027
TABLE 26: Chinese M2M Services Market Share Breakdown by End-Use: 2020 VS 2027
EUROPE
Market Facts & Figures
European M2M Services Market: Competitor Market Share Scenario (in %) for 2019 & 2025
Market Analytics
TABLE 27: European M2M Services Market Demand Scenario in US$ Million by Region/Country: 2018-2025
TABLE 28: European M2M Services Market Share Shift by Region/Country: 2020 VS 2027
TABLE 29: European M2M Services Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
TABLE 30: European M2M Services Market Share Analysis by End-Use: 2020 VS 2027
FRANCE
TABLE 31: M2M Services Quantitative Demand Analysis in France in US$ Million by End-Use: 2020-2027
TABLE 32: French M2M Services Market Share Analysis: A 7-Year Perspective by End-Use for 2020 and 2027
GERMANY
TABLE 33: M2M Services Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
TABLE 34: M2M Services Market Share Distribution in Germany by End-Use: 2020 VS 2027
ITALY
TABLE 35: Italian Demand for M2M Services in US$ Million by End-Use: 2020 to 2027
TABLE 36: Italian M2M Services Market Share Breakdown by End-Use: 2020 VS 2027
UNITED KINGDOM
TABLE 37: United Kingdom Demand Estimates and Forecasts for M2M Services in US$ Million by End-Use: 2020 to 2027
TABLE 38: M2M Services Market Share Shift in the United Kingdom by End-Use: 2020 VS 2027
REST OF EUROPE
TABLE 39: Rest of Europe M2M Services Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
TABLE 40: Rest of Europe M2M Services Market Share Analysis by End-Use: 2020 VS 2027
ASIA-PACIFIC
TABLE 41: M2M Services Quantitative Demand Analysis in Asia-Pacific in US$ Million by End-Use: 2020-2027
TABLE 42: Asia-Pacific M2M Services Market Share Analysis: A 7-Year Perspective by End-Use for 2020 and 2027
REST OF WORLD
TABLE 43: Rest of World M2M Services Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
TABLE 44: Rest of World M2M Services Market Share Analysis by End-Use: 2020 VS 2027
IV. COMPETITION
Total Companies Profiled: 43
