The global Massive Machine Type Communication (mMTC) market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.
Massive Machine Type Communication (mMTC) Also Known As Massive Machine Communication MMC) or Massive Machine to Machine Communication is a Type of Communication Between Machines over Wired or Wireless Networks Where Data Generation, Information Exchange and Actuation Takes Place with Minimal or No Intervention from Humans. It is a Sub-classification of Machine Type Communication (MTC). mMTC Deals Particularly with Wireless Connectivity and Networking Amongst Massive Numbers (billions) of Machines and is Considered a Key Progression from the Internet of Things Iot to the Internet of Everything.
The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.
According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was 楼1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached 楼1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was 楼240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.
This report is a detailed and comprehensive analysis for global Massive Machine Type Communication (mMTC) market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Massive Machine Type Communication (mMTC) market size and forecasts, in consumption value ($ Million), 2020-2031
Global Massive Machine Type Communication (mMTC) market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Massive Machine Type Communication (mMTC) market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Massive Machine Type Communication (mMTC) market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Massive Machine Type Communication (mMTC)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Massive Machine Type Communication (mMTC) market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Huawei, Telefonaktiebolaget LM Ericsson, Nokia, Samsung, Panasonic, Intel, ZTE Corporation, NEC Corporation, Cisco Systems, Qualcomm Incorporated, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Massive Machine Type Communication (mMTC) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Wireless
Wired
Market segment by Application
Healthcare
Transportation
Industrial
Agriculture
Others
Market segment by players, this report covers
Huawei
Telefonaktiebolaget LM Ericsson
Nokia
Samsung
Panasonic
Intel
ZTE Corporation
NEC Corporation
Cisco Systems
Qualcomm Incorporated
Telecom Italia
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Massive Machine Type Communication (mMTC) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Massive Machine Type Communication (mMTC), with revenue, gross margin, and global market share of Massive Machine Type Communication (mMTC) from 2020 to 2025.
Chapter 3, the Massive Machine Type Communication (mMTC) competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Massive Machine Type Communication (mMTC) market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Massive Machine Type Communication (mMTC).
Chapter 13, to describe Massive Machine Type Communication (mMTC) research findings and conclusion.
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1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Massive Machine Type Communication (mMTC) by Type
1.3.1 Overview: Global Massive Machine Type Communication (mMTC) Market Size by Type: 2020 Versus 2024 Versus 2031
1.3.2 Global Massive Machine Type Communication (mMTC) Consumption Value Market Share by Type in 2024
1.3.3 Wireless
1.3.4 Wired
1.4 Global Massive Machine Type Communication (mMTC) Market by Application
1.4.1 Overview: Global Massive Machine Type Communication (mMTC) Market Size by Application: 2020 Versus 2024 Versus 2031
1.4.2 Healthcare
1.4.3 Transportation
1.4.4 Industrial
1.4.5 Agriculture
1.4.6 Others
1.5 Global Massive Machine Type Communication (mMTC) Market Size & Forecast
1.6 Global Massive Machine Type Communication (mMTC) Market Size and Forecast by Region
1.6.1 Global Massive Machine Type Communication (mMTC) Market Size by Region: 2020 VS 2024 VS 2031
1.6.2 Global Massive Machine Type Communication (mMTC) Market Size by Region, (2020-2031)
1.6.3 North America Massive Machine Type Communication (mMTC) Market Size and Prospect (2020-2031)
1.6.4 Europe Massive Machine Type Communication (mMTC) Market Size and Prospect (2020-2031)
1.6.5 Asia-Pacific Massive Machine Type Communication (mMTC) Market Size and Prospect (2020-2031)
1.6.6 South America Massive Machine Type Communication (mMTC) Market Size and Prospect (2020-2031)
1.6.7 Middle East & Africa Massive Machine Type Communication (mMTC) Market Size and Prospect (2020-2031)
2 Company Profiles
2.1 Huawei
2.1.1 Huawei Details
2.1.2 Huawei Major Business
2.1.3 Huawei Massive Machine Type Communication (mMTC) Product and Solutions
2.1.4 Huawei Massive Machine Type Communication (mMTC) Revenue, Gross Margin and Market Share (2020-2025)
2.1.5 Huawei Recent Developments and Future Plans
2.2 Telefonaktiebolaget LM Ericsson
2.2.1 Telefonaktiebolaget LM Ericsson Details
2.2.2 Telefonaktiebolaget LM Ericsson Major Business
2.2.3 Telefonaktiebolaget LM Ericsson Massive Machine Type Communication (mMTC) Product and Solutions
2.2.4 Telefonaktiebolaget LM Ericsson Massive Machine Type Communication (mMTC) Revenue, Gross Margin and Market Share (2020-2025)
2.2.5 Telefonaktiebolaget LM Ericsson Recent Developments and Future Plans
2.3 Nokia
2.3.1 Nokia Details
2.3.2 Nokia Major Business
2.3.3 Nokia Massive Machine Type Communication (mMTC) Product and Solutions
2.3.4 Nokia Massive Machine Type Communication (mMTC) Revenue, Gross Margin and Market Share (2020-2025)
2.3.5 Nokia Recent Developments and Future Plans
2.4 Samsung
2.4.1 Samsung Details
2.4.2 Samsung Major Business
2.4.3 Samsung Massive Machine Type Communication (mMTC) Product and Solutions
2.4.4 Samsung Massive Machine Type Communication (mMTC) Revenue, Gross Margin and Market Share (2020-2025)
2.4.5 Samsung Recent Developments and Future Plans
2.5 Panasonic
2.5.1 Panasonic Details
2.5.2 Panasonic Major Business
2.5.3 Panasonic Massive Machine Type Communication (mMTC) Product and Solutions
2.5.4 Panasonic Massive Machine Type Communication (mMTC) Revenue, Gross Margin and Market Share (2020-2025)
2.5.5 Panasonic Recent Developments and Future Plans
2.6 Intel
2.6.1 Intel Details
2.6.2 Intel Major Business
2.6.3 Intel Massive Machine Type Communication (mMTC) Product and Solutions
2.6.4 Intel Massive Machine Type Communication (mMTC) Revenue, Gross Margin and Market Share (2020-2025)
2.6.5 Intel Recent Developments and Future Plans
2.7 ZTE Corporation
2.7.1 ZTE Corporation Details
2.7.2 ZTE Corporation Major Business
2.7.3 ZTE Corporation Massive Machine Type Communication (mMTC) Product and Solutions
2.7.4 ZTE Corporation Massive Machine Type Communication (mMTC) Revenue, Gross Margin and Market Share (2020-2025)
2.7.5 ZTE Corporation Recent Developments and Future Plans
2.8 NEC Corporation
2.8.1 NEC Corporation Details
2.8.2 NEC Corporation Major Business
2.8.3 NEC Corporation Massive Machine Type Communication (mMTC) Product and Solutions
2.8.4 NEC Corporation Massive Machine Type Communication (mMTC) Revenue, Gross Margin and Market Share (2020-2025)
2.8.5 NEC Corporation Recent Developments and Future Plans
2.9 Cisco Systems
2.9.1 Cisco Systems Details
2.9.2 Cisco Systems Major Business
2.9.3 Cisco Systems Massive Machine Type Communication (mMTC) Product and Solutions
2.9.4 Cisco Systems Massive Machine Type Communication (mMTC) Revenue, Gross Margin and Market Share (2020-2025)
2.9.5 Cisco Systems Recent Developments and Future Plans
2.10 Qualcomm Incorporated
2.10.1 Qualcomm Incorporated Details
2.10.2 Qualcomm Incorporated Major Business
2.10.3 Qualcomm Incorporated Massive Machine Type Communication (mMTC) Product and Solutions
2.10.4 Qualcomm Incorporated Massive Machine Type Communication (mMTC) Revenue, Gross Margin and Market Share (2020-2025)
2.10.5 Qualcomm Incorporated Recent Developments and Future Plans
2.11 Telecom Italia
2.11.1 Telecom Italia Details
2.11.2 Telecom Italia Major Business
2.11.3 Telecom Italia Massive Machine Type Communication (mMTC) Product and Solutions
2.11.4 Telecom Italia Massive Machine Type Communication (mMTC) Revenue, Gross Margin and Market Share (2020-2025)
2.11.5 Telecom Italia Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Massive Machine Type Communication (mMTC) Revenue and Share by Players (2020-2025)
3.2 Market Share Analysis (2024)
3.2.1 Market Share of Massive Machine Type Communication (mMTC) by Company Revenue
3.2.2 Top 3 Massive Machine Type Communication (mMTC) Players Market Share in 2024
3.2.3 Top 6 Massive Machine Type Communication (mMTC) Players Market Share in 2024
3.3 Massive Machine Type Communication (mMTC) Market: Overall Company Footprint Analysis
3.3.1 Massive Machine Type Communication (mMTC) Market: Region Footprint
3.3.2 Massive Machine Type Communication (mMTC) Market: Company Product Type Footprint
3.3.3 Massive Machine Type Communication (mMTC) Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Massive Machine Type Communication (mMTC) Consumption Value and Market Share by Type (2020-2025)
4.2 Global Massive Machine Type Communication (mMTC) Market Forecast by Type (2026-2031)
5 Market Size Segment by Application
5.1 Global Massive Machine Type Communication (mMTC) Consumption Value Market Share by Application (2020-2025)
5.2 Global Massive Machine Type Communication (mMTC) Market Forecast by Application (2026-2031)
6 North America
6.1 North America Massive Machine Type Communication (mMTC) Consumption Value by Type (2020-2031)
6.2 North America Massive Machine Type Communication (mMTC) Market Size by Application (2020-2031)
6.3 North America Massive Machine Type Communication (mMTC) Market Size by Country
6.3.1 North America Massive Machine Type Communication (mMTC) Consumption Value by Country (2020-2031)
6.3.2 United States Massive Machine Type Communication (mMTC) Market Size and Forecast (2020-2031)
6.3.3 Canada Massive Machine Type Communication (mMTC) Market Size and Forecast (2020-2031)
6.3.4 Mexico Massive Machine Type Communication (mMTC) Market Size and Forecast (2020-2031)
7 Europe
7.1 Europe Massive Machine Type Communication (mMTC) Consumption Value by Type (2020-2031)
7.2 Europe Massive Machine Type Communication (mMTC) Consumption Value by Application (2020-2031)
7.3 Europe Massive Machine Type Communication (mMTC) Market Size by Country
7.3.1 Europe Massive Machine Type Communication (mMTC) Consumption Value by Country (2020-2031)
7.3.2 Germany Massive Machine Type Communication (mMTC) Market Size and Forecast (2020-2031)
7.3.3 France Massive Machine Type Communication (mMTC) Market Size and Forecast (2020-2031)
7.3.4 United Kingdom Massive Machine Type Communication (mMTC) Market Size and Forecast (2020-2031)
7.3.5 Russia Massive Machine Type Communication (mMTC) Market Size and Forecast (2020-2031)
7.3.6 Italy Massive Machine Type Communication (mMTC) Market Size and Forecast (2020-2031)
8 Asia-Pacific
8.1 Asia-Pacific Massive Machine Type Communication (mMTC) Consumption Value by Type (2020-2031)
8.2 Asia-Pacific Massive Machine Type Communication (mMTC) Consumption Value by Application (2020-2031)
8.3 Asia-Pacific Massive Machine Type Communication (mMTC) Market Size by Region
8.3.1 Asia-Pacific Massive Machine Type Communication (mMTC) Consumption Value by Region (2020-2031)
8.3.2 China Massive Machine Type Communication (mMTC) Market Size and Forecast (2020-2031)
8.3.3 Japan Massive Machine Type Communication (mMTC) Market Size and Forecast (2020-2031)
8.3.4 South Korea Massive Machine Type Communication (mMTC) Market Size and Forecast (2020-2031)
8.3.5 India Massive Machine Type Communication (mMTC) Market Size and Forecast (2020-2031)
8.3.6 Southeast Asia Massive Machine Type Communication (mMTC) Market Size and Forecast (2020-2031)
8.3.7 Australia Massive Machine Type Communication (mMTC) Market Size and Forecast (2020-2031)
9 South America
9.1 South America Massive Machine Type Communication (mMTC) Consumption Value by Type (2020-2031)
9.2 South America Massive Machine Type Communication (mMTC) Consumption Value by Application (2020-2031)
9.3 South America Massive Machine Type Communication (mMTC) Market Size by Country
9.3.1 South America Massive Machine Type Communication (mMTC) Consumption Value by Country (2020-2031)
9.3.2 Brazil Massive Machine Type Communication (mMTC) Market Size and Forecast (2020-2031)
9.3.3 Argentina Massive Machine Type Communication (mMTC) Market Size and Forecast (2020-2031)
10 Middle East & Africa
10.1 Middle East & Africa Massive Machine Type Communication (mMTC) Consumption Value by Type (2020-2031)
10.2 Middle East & Africa Massive Machine Type Communication (mMTC) Consumption Value by Application (2020-2031)
10.3 Middle East & Africa Massive Machine Type Communication (mMTC) Market Size by Country
10.3.1 Middle East & Africa Massive Machine Type Communication (mMTC) Consumption Value by Country (2020-2031)
10.3.2 Turkey Massive Machine Type Communication (mMTC) Market Size and Forecast (2020-2031)
10.3.3 Saudi Arabia Massive Machine Type Communication (mMTC) Market Size and Forecast (2020-2031)
10.3.4 UAE Massive Machine Type Communication (mMTC) Market Size and Forecast (2020-2031)
11 Market Dynamics
11.1 Massive Machine Type Communication (mMTC) Market Drivers
11.2 Massive Machine Type Communication (mMTC) Market Restraints
11.3 Massive Machine Type Communication (mMTC) Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 Massive Machine Type Communication (mMTC) Industry Chain
12.2 Massive Machine Type Communication (mMTC) Upstream Analysis
12.3 Massive Machine Type Communication (mMTC) Midstream Analysis
12.4 Massive Machine Type Communication (mMTC) Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
Huawei
Telefonaktiebolaget LM Ericsson
Nokia
Samsung
Panasonic
Intel
ZTE Corporation
NEC Corporation
Cisco Systems
Qualcomm Incorporated
Telecom Italia
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*If Applicable.