Cellular M2M Connectivity Services Market

Cellular based Machine to Machine (M2M) Value Added Services (VAS) is defined as the cellular value added connectivity process among distinct sim-enabled machines, to provide connectivity over multiple wireless networks, such as GSM, GPRS, CDMA, 3G, LTE, or WiFi and WiMAX. The cellular M2M market includes tailor-made applications such as video surveillance, remote diagnostics of vehicles, fleet management, asset tracking, theft recovery, and point-of-sale systems (POS) to provide business efficiency to different enterprises. Cellular M2M Value Added Services is being incorporated in many enterprises to ensure operational efficiency and to minimize losses associated with operational breaches.
Cellular M2M Connectivity Services Market contains market size and forecasts of Cellular M2M Connectivity Services in Global, including the following market information:
Global Cellular M2M Connectivity Services Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Cellular M2M Connectivity Services market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Communication and Associated Services Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Cellular M2M Connectivity Services include AT&T Inc., Verizon Communication, China Mobile Ltd, Vodafone Group PLC, Amdocs, Aeris Communications, Deutsche Telekom AG, Sprint Corporation and Sierra Wireless and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Cellular M2M Connectivity Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cellular M2M Connectivity Services Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Cellular M2M Connectivity Services Market Segment Percentages, by Type, 2021 (%)
Communication and Associated Services
Hardware and Associated Services
Software and IT Services
Global Cellular M2M Connectivity Services Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Cellular M2M Connectivity Services Market Segment Percentages, by Application, 2021 (%)
Automotive and Transportation
Consumer Electronics
Energy and Utilities
Healthcare
Retail
Security and Public safety
Others
Global Cellular M2M Connectivity Services Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Cellular M2M Connectivity Services Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cellular M2M Connectivity Services revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Cellular M2M Connectivity Services revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
AT&T Inc.
Verizon Communication
China Mobile Ltd
Vodafone Group PLC
Amdocs
Aeris Communications
Deutsche Telekom AG
Sprint Corporation
Sierra Wireless
Telefonica