The cellular m2m market size has grown exponentially in recent years. It will grow from $21.46 billion in 2025 to $26.9 billion in 2026 at a compound annual growth rate (CAGR) of 25.3%. The growth in the historic period can be attributed to rise in adoption of m2m connectivity in industrial applications, increasing deployment in transportation and logistics, use in smart meters and energy utilities, expansion in healthcare monitoring solutions, deployment in fleet management and warehouse management.
The cellular m2m market size is expected to see exponential growth in the next few years. It will grow to $65.07 billion in 2030 at a compound annual growth rate (CAGR) of 24.7%. The growth in the forecast period can be attributed to increase in IoT-enabled m2m services, rising demand for managed and professional connectivity solutions, growth in predictive maintenance and telemedicine applications, expansion in large enterprise adoption, increase in cellular network optimization and data plan management. Major trends in the forecast period include deployment of cellular m2m networks, integration with iot platforms, expansion of asset tracking solutions, adoption of remote monitoring services, implementation of data analytics for predictive maintenance.
The rapid growth of the Internet of Things (IoT) is set to be a key driver for the cellular M2M market in the foreseeable future. IoT, characterized by the interconnection of physical objects, devices, and processes through the exchange of data over the internet or other communication networks, acts as a crucial catalyst for cellular M2M. The integration of applications, sensors, and other technologies within IoT enhances the scope and utility of cellular M2M across diverse sectors. Real-time data provided by IoT facilitates improved decision-making processes, automation, and efficiency. According to IoT Analytics GmbH, the global number of connected IoT devices is expected to rise by 16% to 16.7 billion in 2023. This exponential growth in the Internet of Things is a significant driver for the cellular M2M market.
Major companies in the cellular M2M market are prioritizing the development of innovative products such as Wi-Fi and antenna systems to strengthen wireless connectivity, accelerate data transmission, and enhance network reliability for IoT devices and applications. Wi-Fi and antenna systems are technologies that facilitate wireless communication and signal transmission between connected devices, ensuring efficient and stable data exchange within M2M and IoT networks. For instance, in October 2024, Quectel Wireless Solutions, a China-based IoT solutions provider, launched its GNSS All-in-One Base Station, designed to provide high-precision positioning and dependable connectivity for smart city, transportation, and industrial applications. The solution supports scalable IoT infrastructure by delivering improved location accuracy, easier installation, and seamless data synchronization across connected devices.
In February 2024, OptConnect, a U.S.-based company specializing in wireless data connectivity solutions, acquired M2M DataGlobal for an undisclosed amount. This acquisition is intended to enhance OptConnect's capabilities in machine-to-machine (M2M) communication. By integrating M2M DataGlobal's technology, OptConnect aims to expand its offerings, providing more robust and scalable solutions for remote monitoring and Internet of Things (IoT) applications. M2M DataGlobal is a telecommunications service provider based in Chile.
Major companies operating in the cellular m2m market are Deutsche Telekom AG, AT&T Inc., Verizon Communications Inc., China Mobile Limited, Telefonica S.A., Aeris Communications India Pvt. Ltd., China Telecom Corporation Limited, Kore Wireless, Orange S.A., SK Telecom Co. Ltd., Vodafone Group PLC, Sierra Wireless, Telit Communications, ORBCOMM Inc., Nokia Corporation, Huawei Technologies Co. Ltd., Cisco Systems Inc., Digi International Inc., Novatel Wireless Inc., Telenor Connexion AB.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are influencing the cellular M2M market by raising costs for imported SIM modules, network equipment, and data management devices. Key regions affected include North America, Europe, and Asia-Pacific due to dependency on global supply chains. Positive effects include boosting local network infrastructure investment, promoting regional data management services, and accelerating the adoption of smart and connected industrial solutions.
The cellular M2M market research report is one of a series of new reports that provides cellular M2M market statistics, including cellular M2M industry global market size, regional shares, competitors with a cellular M2M market share, detailed cellular M2M market segments, market trends and opportunities, and any further data you may need to thrive in the cellular M2M industry. This cellular M2M market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Cellular M2M (Machine-to-Machine) refers to communication between any two devices facilitated by SIM (Subscriber Identity Module) cards from any location.
The primary types of cellular M2M services include connectivity services, professional services, and managed services. Cellular M2M professional services are designed to assist customers in the development and deployment of customized machine-to-machine applications and solutions. These services cater to both large enterprises and small and medium enterprises (SMEs) and find applications in various fields such as asset tracking and monitoring, predictive maintenance, telemedicine, fleet management, warehouse management, industrial automation, smart meters, and others. Cellular M2M services are applied across different industries, including healthcare, energy and utilities, transportation and logistics, manufacturing, and more.North America was the largest region in the cellular M2M market in 2025. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the cellular m2m market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the cellular m2m market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The cellular M2M market includes revenues earned by entities by providing cellular M2M services. The machines can be in communication through a wireless or wired connection. The cellular M2M is used for applications such as asset tracking and monitoring, predictive maintenance, telemedicine, fleet management, warehouse management, industrial automation and smart meters. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
The cellular m2m market size is expected to see exponential growth in the next few years. It will grow to $65.07 billion in 2030 at a compound annual growth rate (CAGR) of 24.7%. The growth in the forecast period can be attributed to increase in IoT-enabled m2m services, rising demand for managed and professional connectivity solutions, growth in predictive maintenance and telemedicine applications, expansion in large enterprise adoption, increase in cellular network optimization and data plan management. Major trends in the forecast period include deployment of cellular m2m networks, integration with iot platforms, expansion of asset tracking solutions, adoption of remote monitoring services, implementation of data analytics for predictive maintenance.
The rapid growth of the Internet of Things (IoT) is set to be a key driver for the cellular M2M market in the foreseeable future. IoT, characterized by the interconnection of physical objects, devices, and processes through the exchange of data over the internet or other communication networks, acts as a crucial catalyst for cellular M2M. The integration of applications, sensors, and other technologies within IoT enhances the scope and utility of cellular M2M across diverse sectors. Real-time data provided by IoT facilitates improved decision-making processes, automation, and efficiency. According to IoT Analytics GmbH, the global number of connected IoT devices is expected to rise by 16% to 16.7 billion in 2023. This exponential growth in the Internet of Things is a significant driver for the cellular M2M market.
Major companies in the cellular M2M market are prioritizing the development of innovative products such as Wi-Fi and antenna systems to strengthen wireless connectivity, accelerate data transmission, and enhance network reliability for IoT devices and applications. Wi-Fi and antenna systems are technologies that facilitate wireless communication and signal transmission between connected devices, ensuring efficient and stable data exchange within M2M and IoT networks. For instance, in October 2024, Quectel Wireless Solutions, a China-based IoT solutions provider, launched its GNSS All-in-One Base Station, designed to provide high-precision positioning and dependable connectivity for smart city, transportation, and industrial applications. The solution supports scalable IoT infrastructure by delivering improved location accuracy, easier installation, and seamless data synchronization across connected devices.
In February 2024, OptConnect, a U.S.-based company specializing in wireless data connectivity solutions, acquired M2M DataGlobal for an undisclosed amount. This acquisition is intended to enhance OptConnect's capabilities in machine-to-machine (M2M) communication. By integrating M2M DataGlobal's technology, OptConnect aims to expand its offerings, providing more robust and scalable solutions for remote monitoring and Internet of Things (IoT) applications. M2M DataGlobal is a telecommunications service provider based in Chile.
Major companies operating in the cellular m2m market are Deutsche Telekom AG, AT&T Inc., Verizon Communications Inc., China Mobile Limited, Telefonica S.A., Aeris Communications India Pvt. Ltd., China Telecom Corporation Limited, Kore Wireless, Orange S.A., SK Telecom Co. Ltd., Vodafone Group PLC, Sierra Wireless, Telit Communications, ORBCOMM Inc., Nokia Corporation, Huawei Technologies Co. Ltd., Cisco Systems Inc., Digi International Inc., Novatel Wireless Inc., Telenor Connexion AB.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are influencing the cellular M2M market by raising costs for imported SIM modules, network equipment, and data management devices. Key regions affected include North America, Europe, and Asia-Pacific due to dependency on global supply chains. Positive effects include boosting local network infrastructure investment, promoting regional data management services, and accelerating the adoption of smart and connected industrial solutions.
The cellular M2M market research report is one of a series of new reports that provides cellular M2M market statistics, including cellular M2M industry global market size, regional shares, competitors with a cellular M2M market share, detailed cellular M2M market segments, market trends and opportunities, and any further data you may need to thrive in the cellular M2M industry. This cellular M2M market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Cellular M2M (Machine-to-Machine) refers to communication between any two devices facilitated by SIM (Subscriber Identity Module) cards from any location.
The primary types of cellular M2M services include connectivity services, professional services, and managed services. Cellular M2M professional services are designed to assist customers in the development and deployment of customized machine-to-machine applications and solutions. These services cater to both large enterprises and small and medium enterprises (SMEs) and find applications in various fields such as asset tracking and monitoring, predictive maintenance, telemedicine, fleet management, warehouse management, industrial automation, smart meters, and others. Cellular M2M services are applied across different industries, including healthcare, energy and utilities, transportation and logistics, manufacturing, and more.North America was the largest region in the cellular M2M market in 2025. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the cellular m2m market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the cellular m2m market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The cellular M2M market includes revenues earned by entities by providing cellular M2M services. The machines can be in communication through a wireless or wired connection. The cellular M2M is used for applications such as asset tracking and monitoring, predictive maintenance, telemedicine, fleet management, warehouse management, industrial automation and smart meters. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Cellular M2M Market Characteristics
3. Cellular M2M Market Supply Chain Analysis
4. Global Cellular M2M Market Trends and Strategies
5. Cellular M2M Market Analysis of End Use Industries
7. Global Cellular M2M Strategic Analysis Framework, Current Market Size, Market Comparisons and Growth Rate Analysis
8. Global Cellular M2M Total Addressable Market (TAM) Analysis for the Market
9. Cellular M2M Market Segmentation
10. Cellular M2M Market Regional and Country Analysis
11. Asia-Pacific Cellular M2M Market
12. China Cellular M2M Market
13. India Cellular M2M Market
14. Japan Cellular M2M Market
15. Australia Cellular M2M Market
16. Indonesia Cellular M2M Market
17. South Korea Cellular M2M Market
18. Taiwan Cellular M2M Market
19. South East Asia Cellular M2M Market
20. Western Europe Cellular M2M Market
21. UK Cellular M2M Market
22. Germany Cellular M2M Market
23. France Cellular M2M Market
24. Italy Cellular M2M Market
25. Spain Cellular M2M Market
26. Eastern Europe Cellular M2M Market
27. Russia Cellular M2M Market
28. North America Cellular M2M Market
29. USA Cellular M2M Market
30. Canada Cellular M2M Market
31. South America Cellular M2M Market
32. Brazil Cellular M2M Market
33. Middle East Cellular M2M Market
34. Africa Cellular M2M Market
36. Cellular M2M Market Competitive Landscape and Company Profiles
37. Cellular M2M Market Other Major and Innovative Companies
40. Cellular M2M Market High Potential Countries, Segments and Strategies
41. Appendix
Executive Summary
Cellular M2M Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses cellular m2m market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for cellular m2m? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The cellular m2m market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Scope
Markets Covered:
1) By Services: Connectivity Services; Professional Services; Managed Services2) By Organization Size: Large Enterprises; Small And Medium Enterprises (SMEs)
3) By Application: Asset Tracking And Monitoring; Predictive Maintenance; Telemedicine; Fleet Management; Warehouse Management; Industrial Automation; Smart Meter; Other Applications
4) By End-User: Healthcare; Energy And Utilities; Transportation And Logistics; Manufacturing; Other End-Users
Subsegments:
1) By Connectivity Services: Cellular Network Connectivity; SIM Card Management Services; Data Plans and Billing Services2) By Professional Services: Consulting Services; Integration Services; Training and Support Services
3) By Managed Services: Device Management Services; Application Management Services; Network Management Services
Companies Mentioned: Deutsche Telekom AG; AT&T Inc.; Verizon Communications Inc.; China Mobile Limited; Telefonica S.A.; Aeris Communications India Pvt. Ltd.; China Telecom Corporation Limited; Kore Wireless; Orange S.A.; SK Telecom Co. Ltd.; Vodafone Group PLC; Sierra Wireless; Telit Communications; ORBCOMM Inc.; Nokia Corporation; Huawei Technologies Co. Ltd.; Cisco Systems Inc.; Digi International Inc.; Novatel Wireless Inc.; Telenor Connexion AB
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Cellular M2M market report include:- Deutsche Telekom AG
- AT&T Inc.
- Verizon Communications Inc.
- China Mobile Limited
- Telefonica S.A.
- Aeris Communications India Pvt. Ltd.
- China Telecom Corporation Limited
- Kore Wireless
- Orange S.A.
- SK Telecom Co. Ltd.
- Vodafone Group PLC
- Sierra Wireless
- Telit Communications
- ORBCOMM Inc.
- Nokia Corporation
- Huawei Technologies Co. Ltd.
- Cisco Systems Inc.
- Digi International Inc.
- Novatel Wireless Inc.
- Telenor Connexion AB
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | January 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 26.9 Billion |
| Forecasted Market Value ( USD | $ 65.07 Billion |
| Compound Annual Growth Rate | 24.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 21 |
