M2M Connection Market Report: Trends, Forecast and Competitive Analysis to 2030

M2M Connection Trends and Forecast

The future of the global M2M connection market looks promising with opportunities in the healthcare, utilities, automotive and transportation, and retail markets. The global M2M connection market is expected to reach an estimated $29.5 billion by 2030 with a CAGR of 5.0% from 2024 to 2030. The major drivers for this market are growing use of wearables, tablets, and smartphones among other connected gadgets, requirement for remote machine monitoring and control in sectors like manufacturing, transportation, and healthcare, as well as, expanding the use of smart transportation and smart city infrastructure.

A more than 150-page report is developed to help in your business decisions.

M2M Connection by Segment

The study includes a forecast for the global M2M connection by technology, end use industry, and region.

M2M Connection Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Wired
• Wireless

M2M Connection Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Healthcare
• Utilities
• Automotive and Transportation
• Retail
• Others

M2M Connection Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of M2M Connection Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies M2M connection companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the M2M connection companies profiled in this report include-

• NXP Semiconductors
• Texas Instruments
• Cisco
• AT&T Intellectual Property
• Intel Corporation
• Thales Group
• Vodafone Group
• Murata Manufacturing
• Virscient Limited
• Deutsche Telekom

M2M Connection Market Insights

Lucintel forecasts that wireless technologies is expected to witness the higher growth over the forecast period due to growing adoption of bluetooth, zigbee, and wi-fi short-range wireless connection technologies.

APAC is expected to witness highest growth over the forecast period due to growing demand for smart cities and smart transportation, the proliferation of manufacturing hubs, and the growing acceptance of industry 4.0 technology.

Features of the Global M2M Connection Market

Market Size Estimates: M2m connection market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: M2m connection market size by technology, end use industry, and region in terms of value ($B).

Regional Analysis: M2m connection market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different technology, end use industry, and regions for the M2M connection market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the M2M connection market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the M2M connection market size?

Answer: The global M2M connection market is expected to reach an estimated $29.5 billion by 2030.

Q2. What is the growth forecast for M2M connection market?

Answer: The global M2M connection market is expected to grow with a CAGR of 5.0% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the M2M connection market?

Answer: The major drivers for this market are growing use of wearables, tablets, and smartphones among other connected gadgets, requirement for remote machine monitoring and control in sectors like manufacturing, transportation, and healthcare, as well as, expanding the use of smart transportation and smart city infrastructure.

Q4. What are the major segments for M2M connection market?

Answer: The future of the global M2M connection market looks promising with opportunities in the healthcare, utilities, automotive and transportation, and retail markets.

Q5. Who are the key M2M connection market companies?

Answer: Some of the key M2M connection companies are as follows:

• NXP Semiconductors
• Texas Instruments
• Cisco
• AT&T Intellectual Property
• Intel Corporation
• Thales Group
• Vodafone Group
• Murata Manufacturing
• Virscient Limited
• Deutsche Telekom

Q6. Which M2M connection market segment will be the largest in future?

Answer: Lucintel forecasts that wireless technologies is expected to witness the higher growth over the forecast period due to growing adoption of bluetooth, zigbee, and wi-fi short-range wireless connection technologies.

Q7. In M2M connection market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to growing demand for smart cities and smart transportation, the proliferation of manufacturing hubs, and the growing acceptance of industry 4.0 technology.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the M2M connection market by technology (wired and wireless), end use industry (healthcare, utilities, automotive and transportation, retail, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?