Machine to Machine Connections Market, By Technology (Wireless Technology and Wired Technology), By End-user Industry (Healthcare, Automotive and Transportation, Consumer Electronics, Utilities, Retail, Security and Surveillance, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Trends, Analysis, and Forecast 2030

Report Code: PMI97119 | Publish Date: May 2023 | No. of Pages: 167

Global Machine To Machine Connections Overview

Introduction:

Machine to machine refers to interaction of billions of devices and machines that are connected to the internet and to each other. It refers to automated applications which involves machine or devices communicating through internet without human intervention. In simple words, communication of one machine to another. Machine to machine connectivity integrate computing capabilities that enable them to capture data about the world around them and share with other connected devices, creating an intelligent network system. This technology allows communication between both the wired and wireless systems. Machine to machine is usually used in warehouse management, supply chain management, and remote monitoring. Telemetry is one of the most well-known types of machine-to-machine connections. The main components of M2M connections are sensors, RFID, Wi-Fi or cellular connections, software or programmes etc. help devices to interpret data and make decisions. The Machine to Machine Connections Market accounted for US$ 19.2 billion in 2020 and is estimated to be US$ 31.89 billion by 2030 and is anticipated to register a CAGR of 5.3%.

Global Machine To Machine Connections Dynamics

Rising network infrastructure

Increasing penetration of various 2G, 3G, and 4G cellular networks across the globe is major factor driving growth of the global machine to machine connections market. Developing network infrastructure and evolving connectivity technologies will significantly enhance the growth of global machine to machine connections market. Machine to machine connection service providers is collaborating with governments and other stake holders to launch sustainable health business models. Healthcare sector provides solutions such as medication reminders, remote diagnostic, remote patient monitoring, and telemedicine services which are propelling growth of the global market. Growing applications and need for faster services in different business verticals impelled the demand for machine-to-machine connectivity solutions.

However, high cost of installation of this technology and lack of standardization in connectivity protocols are factors hindering growth of the global machine to machine connections market.

Global Machine To Machine Connections Segmentation

 

Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.

The global machine to machine connections market is segmented based on technology, end-user industry and by region.

On the basis of technology, the global market is segmented into wireless technology and wired technology. On the basis of end-user industry, the global market is categorized into healthcare, automotive and transportation, consumer electronics, utilities, retail, security and surveillance, and others.

Regional Insights:

The global machine to machine connections market accounted for US$ 19.2 billion in 2020 and is estimated to be US$ 31.89 billion by 2030 and is anticipated to register a CAGR of 5.3%. On region the global machine to machine connections market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In North America, it has been estimates that 65% of machine-to-machine connections service revenue is accounted by the service wrap and 35% by the provision of connectivity. In Europe, the operators such as Vodafone and Deutsche Telekom are already seeing the intermediate success in the connected health market and are anticipated to be the leading region over the forecast period. Asian pacific region accounts the largest share for global machine to machine connections market. The growth is attributed to explosion of smart devices.

Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Billion & CAGR from 2020 – 2030

Market Segmentation

By Technology- Wireless Technology and Wired Technology

By End User Industry– Healthcare, Automotive and Transportation, Consumer Electronics, Utilities, Retail, Security & Surveillance, and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global machine to machine connections market report based on technology, end-user industry and by region.

Global Machine to Machine Connections Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Machine To Machine Connections Key Players

The key players operating in the global machine to machine connections market includes Texas Instruments Incorporated, Deutsche Telekom AG, AT&T Inc., Sierra Wireless Inc., Vodafone Group PLC, Sprint Corporation, Gemalto, Inc., Intel Corp., Telefonica S.A, and Telit Communications.

Texas Instruments Inc.:

Texas instruments integrated circuits and reference designs help you create an energy efficient and compact machine-to-machine device. The M2M device transmits process data from various industrial applications to the cloud via a wired or wireless communication channel.

Global Machine To Machine Connections Company Profile

  • Texas Instruments Incorporated
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Deutsche Telekom AG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • AT&T Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Sierra Wireless Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  •  Vodafone Group PLC
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Sprint Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Gemalto, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Intel Corp.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Telefonica S.A
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Telit Communications
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

Global Machine To Machine Connections Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
    • PORTER’s
    • Investment Outlook
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Machine to Machine Connections Strategies
      • Key Questions this Study will Answer
        • By Technology (Wireless Technology and Wired Technology),
        • By End-user Industry (Healthcare, Automotive and Transportation, Consumer Electronics, Utilities, Retail, Security and Surveillance, and Others),
        • By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Overview
    • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
    • Y-o-Y Growth Analysis (%), 2020 – 2030
    • Regional Trends
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Regional Analysis
    • Regional Revenue Analysis
    • Regional By segment Analysis
    • Reasons for regional growth
    • Key Player of particular region
    • Countries Include in the report:
      • North America (U.S., Canada)
      • Europe (UK, France, Germany, Russia, Italy, Rest of Europe)
      • Asia Pacific (India, Japan, South Korea, China, Rest of Asia Pacific)
      • Latin America (Brazil, Mexico, Rest of Latin America)
      • Middle East & Africa (GCC, Israel, South Africa, Rest of Middle East)
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
    • Competitive Overview
    • Competitive Benchmarking
    • Market Share Analysis
    • Key Developments In The Global Machine to Machine Connections Market
    • Key Developments: Mergers & Acquisitions
    • Key Developments: Collaboration
    • Key Developments: Contracts & Agreements
    • Key Developments: Expansion
    • Key Developments: Product Developments
  2. Company Profiles
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
  • SWOT Analysis
  • Texas Instruments Incorporated, Deutsche Telekom AG, AT&T Inc., Sierra Wireless Inc., Vodafone Group PLC, Sprint Corporation, Gemalto, Inc., Intel Corp., Telefonica S.A, and Telit Communications.

  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The Global Machine to Machine Connections Market report segments the market basis of technology, end-user industry, and region.

Increasing penetration of various 2G, 3G, and 4G cellular networks across the globe is major factor driving growth of the global machine to machine connections market.

Asian pacific region accounts the largest share for global machine to machine connections market in 2018. The growth is attributed to explosion of smart devices.

The leading players operating in the Global Machine to Machine Connections Market includes Texas Instruments Incorporated, Deutsche Telekom AG, AT&T Inc., Sierra Wireless Inc., Vodafone Group PLC, Sprint Corporation, Gemalto, Inc., Intel Corp., Telefonica S.A, and Telit Communications.