Global M2M Communications Market Growth (Status and Outlook) 2024-2030

Publication ID:

LPI02240061

Publication Date:

February 28, 2024

Pages:

102

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

IT Services [2]

Software [3]

Computing & Electronics [4]

Description:

The global M2M Communications market size was valued at US$ million in 2023. With growing demand in downstream market, the M2M Communications is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period.
The research report highlights the growth potential of the global M2M Communications market. M2M Communications are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of M2M Communications. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the M2M Communications market.
The Machine to Machine (M2M) communication is a type of data communication technology that enables the devices such as sensors or meter to share information automatically with other devices and perform necessary action through a network which can be wired, wireless or hybrid without human intervention. M2M communication is often used for remote monitoring to capture an event and transfer data between mechanical or electronic devices.
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.
Key Features:
The report on M2M Communications market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the M2M Communications market. It may include historical data, market segmentation by Type (e.g., Automatic Identification System, Satellites Telemetry), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the M2M Communications market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the M2M Communications market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the M2M Communications industry. This include advancements in M2M Communications technology, M2M Communications new entrants, M2M Communications new investment, and other innovations that are shaping the future of M2M Communications.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the M2M Communications market. It includes factors influencing customer ' purchasing decisions, preferences for M2M Communications product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the M2M Communications market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting M2M Communications market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the M2M Communications market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the M2M Communications industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the M2M Communications market.
Market Segmentation:
M2M Communications market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Automatic Identification System
Satellites Telemetry
Others
Segmentation by application
Retail
Healthcare
Government and Public Sector
Agriculture
Automotive
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
KORE Wireless Group, Inc
Orange SA
Sierra Wireless,Inc
Ibexis Ltd.
ELSE SA
Orbcomm Inc.
Iridium Communications Inc.
Quake Global, Inc.
Stellar Satellite Communications Ltd.
Remote Intelligence Systems LLC.

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global M2M Communications Market Size 2019-2030
2.1.2 M2M Communications Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 M2M Communications Segment by Type
2.2.1 Automatic Identification System
2.2.2 Satellites Telemetry
2.2.3 Others
2.3 M2M Communications Market Size by Type
2.3.1 M2M Communications Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global M2M Communications Market Size Market Share by Type (2019-2024)
2.4 M2M Communications Segment by Application
2.4.1 Retail
2.4.2 Healthcare
2.4.3 Government and Public Sector
2.4.4 Agriculture
2.4.5 Automotive
2.4.6 Others
2.5 M2M Communications Market Size by Application
2.5.1 M2M Communications Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global M2M Communications Market Size Market Share by Application (2019-2024)
3 M2M Communications Market Size by Player
3.1 M2M Communications Market Size Market Share by Players
3.1.1 Global M2M Communications Revenue by Players (2019-2024)
3.1.2 Global M2M Communications Revenue Market Share by Players (2019-2024)
3.2 Global M2M Communications Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 M2M Communications by Regions
4.1 M2M Communications Market Size by Regions (2019-2024)
4.2 Americas M2M Communications Market Size Growth (2019-2024)
4.3 APAC M2M Communications Market Size Growth (2019-2024)
4.4 Europe M2M Communications Market Size Growth (2019-2024)
4.5 Middle East & Africa M2M Communications Market Size Growth (2019-2024)
5 Americas
5.1 Americas M2M Communications Market Size by Country (2019-2024)
5.2 Americas M2M Communications Market Size by Type (2019-2024)
5.3 Americas M2M Communications Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC M2M Communications Market Size by Region (2019-2024)
6.2 APAC M2M Communications Market Size by Type (2019-2024)
6.3 APAC M2M Communications Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe M2M Communications by Country (2019-2024)
7.2 Europe M2M Communications Market Size by Type (2019-2024)
7.3 Europe M2M Communications Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa M2M Communications by Region (2019-2024)
8.2 Middle East & Africa M2M Communications Market Size by Type (2019-2024)
8.3 Middle East & Africa M2M Communications Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global M2M Communications Market Forecast
10.1 Global M2M Communications Forecast by Regions (2025-2030)
10.1.1 Global M2M Communications Forecast by Regions (2025-2030)
10.1.2 Americas M2M Communications Forecast
10.1.3 APAC M2M Communications Forecast
10.1.4 Europe M2M Communications Forecast
10.1.5 Middle East & Africa M2M Communications Forecast
10.2 Americas M2M Communications Forecast by Country (2025-2030)
10.2.1 United States M2M Communications Market Forecast
10.2.2 Canada M2M Communications Market Forecast
10.2.3 Mexico M2M Communications Market Forecast
10.2.4 Brazil M2M Communications Market Forecast
10.3 APAC M2M Communications Forecast by Region (2025-2030)
10.3.1 China M2M Communications Market Forecast
10.3.2 Japan M2M Communications Market Forecast
10.3.3 Korea M2M Communications Market Forecast
10.3.4 Southeast Asia M2M Communications Market Forecast
10.3.5 India M2M Communications Market Forecast
10.3.6 Australia M2M Communications Market Forecast
10.4 Europe M2M Communications Forecast by Country (2025-2030)
10.4.1 Germany M2M Communications Market Forecast
10.4.2 France M2M Communications Market Forecast
10.4.3 UK M2M Communications Market Forecast
10.4.4 Italy M2M Communications Market Forecast
10.4.5 Russia M2M Communications Market Forecast
10.5 Middle East & Africa M2M Communications Forecast by Region (2025-2030)
10.5.1 Egypt M2M Communications Market Forecast
10.5.2 South Africa M2M Communications Market Forecast
10.5.3 Israel M2M Communications Market Forecast
10.5.4 Turkey M2M Communications Market Forecast
10.5.5 GCC Countries M2M Communications Market Forecast
10.6 Global M2M Communications Forecast by Type (2025-2030)
10.7 Global M2M Communications Forecast by Application (2025-2030)

11 Key Players Analysis
11.1 KORE Wireless Group, Inc
11.1.1 KORE Wireless Group, Inc Company Information
11.1.2 KORE Wireless Group, Inc M2M Communications Product Offered
11.1.3 KORE Wireless Group, Inc M2M Communications Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 KORE Wireless Group, Inc Main Business Overview
11.1.5 KORE Wireless Group, Inc Latest Developments
11.2 Orange SA
11.2.1 Orange SA Company Information
11.2.2 Orange SA M2M Communications Product Offered
11.2.3 Orange SA M2M Communications Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Orange SA Main Business Overview
11.2.5 Orange SA Latest Developments
11.3 Sierra Wireless,Inc
11.3.1 Sierra Wireless,Inc Company Information
11.3.2 Sierra Wireless,Inc M2M Communications Product Offered
11.3.3 Sierra Wireless,Inc M2M Communications Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Sierra Wireless,Inc Main Business Overview
11.3.5 Sierra Wireless,Inc Latest Developments
11.4 Ibexis Ltd.
11.4.1 Ibexis Ltd. Company Information
11.4.2 Ibexis Ltd. M2M Communications Product Offered
11.4.3 Ibexis Ltd. M2M Communications Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Ibexis Ltd. Main Business Overview
11.4.5 Ibexis Ltd. Latest Developments
11.5 ELSE SA
11.5.1 ELSE SA Company Information
11.5.2 ELSE SA M2M Communications Product Offered
11.5.3 ELSE SA M2M Communications Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 ELSE SA Main Business Overview
11.5.5 ELSE SA Latest Developments
11.6 Orbcomm Inc.
11.6.1 Orbcomm Inc. Company Information
11.6.2 Orbcomm Inc. M2M Communications Product Offered
11.6.3 Orbcomm Inc. M2M Communications Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Orbcomm Inc. Main Business Overview
11.6.5 Orbcomm Inc. Latest Developments
11.7 Iridium Communications Inc.
11.7.1 Iridium Communications Inc. Company Information
11.7.2 Iridium Communications Inc. M2M Communications Product Offered
11.7.3 Iridium Communications Inc. M2M Communications Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Iridium Communications Inc. Main Business Overview
11.7.5 Iridium Communications Inc. Latest Developments
11.8 Quake Global, Inc.
11.8.1 Quake Global, Inc. Company Information
11.8.2 Quake Global, Inc. M2M Communications Product Offered
11.8.3 Quake Global, Inc. M2M Communications Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Quake Global, Inc. Main Business Overview
11.8.5 Quake Global, Inc. Latest Developments
11.9 Stellar Satellite Communications Ltd.
11.9.1 Stellar Satellite Communications Ltd. Company Information
11.9.2 Stellar Satellite Communications Ltd. M2M Communications Product Offered
11.9.3 Stellar Satellite Communications Ltd. M2M Communications Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Stellar Satellite Communications Ltd. Main Business Overview
11.9.5 Stellar Satellite Communications Ltd. Latest Developments
11.10 Remote Intelligence Systems LLC.
11.10.1 Remote Intelligence Systems LLC. Company Information
11.10.2 Remote Intelligence Systems LLC. M2M Communications Product Offered
11.10.3 Remote Intelligence Systems LLC. M2M Communications Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Remote Intelligence Systems LLC. Main Business Overview
11.10.5 Remote Intelligence Systems LLC. Latest Developments
12 Research Findings and Conclusion

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