Machine-to-Machine (M2M) Connections: Global Strategic Business Report

Global Machine-to-Machine (M2M) Connections Market to Reach $33.1 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Machine-to-Machine (M2M) Connections estimated at US$24.8 Billion in the year 2020, is projected to reach a revised size of US$33.1 Billion by 2027, growing at a CAGR of 4.2% over the analysis period 2020-2027. Wireless, one of the segments analyzed in the report, is projected to record 4.5% CAGR and reach US$21 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Wired segment is readjusted to a revised 3.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $6.8 Billion, While China is Forecast to Grow at 7.4% CAGR

The Machine-to-Machine (M2M) Connections market in the U.S. is estimated at US$6.8 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$6.9 Billion by the year 2027 trailing a CAGR of 7.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 3.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.

Select Competitors (Total 36 Featured) -

• AT&T Inc.
• China Mobile Ltd
• Cisco System Inc.
• Duetsche Telecom AG
• Gemalto NV
• Huawei Technologies Co. Ltd
• Intel Corporation
• Jasper Technologies
• Siera Wireless
• Sprint Corporation
• Telefonic
• Telit Communications
• Texas Instruments
• Verizon Communications Inc
• Vodafone Group

What's New for 2022?

• Global competitiveness and key competitor percentage market shares
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• Complimentary updates for one year