Market Insights:
Machine-to-Machine (M2M) Apps Market size was valued at USD 24.18 Billion in 2021, registering a CAGR of 4.6% during the forecast period (2022-2030), and the market is projected to be worth USD 36.24 Billion by 2030.
Machine-to-machine communication, or M2M, is exactly what it sounds like: two machines “communicating,” or exchanging data, without human intervention. In the industrial Internet of Things, this comprises serial connections, powerline connections (PLCs), and wireless communications (IoT).
Machine-to-Machine (M2M) Apps Market Research Report” was just released by Market Research Community. It is divided into several categories, including By End User (Healthcare, Utilities, Automotive and Transportation, Retail, Consumer Electronics, Security & Surveillance), By Technology (Wired Technologies, Wireless Technologies, Cellular Network), and companies (Sierra Wireless Inc, ElefonaKTiebolaget Lm Ericsson, Murata Manufacturing Co., Ltd., U-Blox Holding AG, Telit Communications, Kore Wireless Group, Fanstel Corporation, Commsolid GmbH (A Goodix Company), Afero, Inc., Meshify, Inc, Idefigo Group Limited, Vodafone Group PLC, AT&T Inc., China Mobile Ltd., Deutsche Telekom AG, Telefonica, S.A, Texas Instruments Incorporated, Intel Corporation, Gemalto N.V., Cisco Systems Inc., Huawei Technologies Co., Ltd., Sprint Corporation, Verizon Communication Inc., Orange S.A., NXP Semiconductors N.V.), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 4.6%, over the forecast period of 2022–2030.
Driver:
The increased adoption of Machine-to-Machine (M2M) Apps in the Digital Media industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Machine-to-Machine (M2M) Apps also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Machine-to-Machine (M2M) Apps in many sectors also boosts the market growth during the forecast period.
Report Coverage:
| Report Attributes | Report Details |
| Study Timeline | 2018-2030 |
| Market Size in 2030 (USD Billion) | 36.24 Billion |
| CAGR (2022-2030) | 4.6% |
| By End Use | Healthcare, Utilities, Automotive and Transportation, Retail, Consumer Electronics, Security & Surveillance |
| By Application | Wired Technologies, Wireless Technologies, Cellular Network. |
| By Geography | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Key Players | Sierra Wireless Inc, ElefonaKTiebolaget Lm Ericsson, Murata Manufacturing Co., Ltd., U-Blox Holding AG, Telit Communications, Kore Wireless Group, Fanstel Corporation, Commsolid GmbH (A Goodix Company), Afero, Inc., Meshify, Inc, Idefigo Group Limited, Vodafone Group PLC, AT&T Inc., China Mobile Ltd., Deutsche Telekom AG, Telefonica, S.A, Texas Instruments Incorporated, Intel Corporation, Gemalto N.V., Cisco Systems Inc., Huawei Technologies Co., Ltd., Sprint Corporation, Verizon Communication Inc., Orange S.A., NXP Semiconductors N.V. |
Covid-19 Impact:
The COVID-19 pandemic has had a substantial negative influence on the Machine-to-Machine (M2M) Apps market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
Sierra Wireless Inc, ElefonaKTiebolaget Lm Ericsson, Murata Manufacturing Co., Ltd., U-Blox Holding AG, Telit Communications, Kore Wireless Group, Fanstel Corporation, Commsolid GmbH (A Goodix Company), Afero, Inc., Meshify, Inc, Idefigo Group Limited, Vodafone Group PLC, AT&T Inc., China Mobile Ltd., Deutsche Telekom AG, Telefonica, S.A, Texas Instruments Incorporated, Intel Corporation, Gemalto N.V., Cisco Systems Inc., Huawei Technologies Co., Ltd., Sprint Corporation, Verizon Communication Inc., Orange S.A., NXP Semiconductors N.V.
Market Segment Analysis:
By End User
- Healthcare
- Patient Monitoring Systems
- Blood Pressure Monitor
- Blood Glucose Meter
- Multi-Parameter Monitor
- Fall Detector
- Smart Pill Dispenser
- Telemedicine
- Utilities
- Smart Grids
- Smart Meters
- Automotive and Transportation
- Telematics
- Fleet Tracking/Monitoring
- Retail
- Intelligent Vending Machines
- Contactless Checkout/Pos
- Digital Signage
- Consumer Electronics
- Smart TV
- Smart Appliances
- Smart Refrigerator
- Smart Washing Machine
- Others
- Security & Surveillance
- Commercial & Residential Security
- Remote Surveillance
- Others
- Oil & Gas
- Agriculture
By Technology
- Wired Technologies
- Ethernet
- Industrial
- Industrial Ethernet
- Modbus
- Profinet
- Foundation Fieldbus
- Wireless Technologies
- Short Range
- Wi-Fi
- Zigbee
- Bluetooth
- Cellular Network
- Second Generation (2G)
- Third Generation (3G)
- Fourth Generation (4G)/Long-Term Evolution (LTE)
Region
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2021, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Machine-to-Machine (M2M) Apps industries in the region.
Key Machine-to-Machine (M2M) Apps Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Machine-to-Machine (M2M) Apps Market segments.
– Largest Market Share Held by Industry to Industry for Machine-to-Machine (M2M) Apps
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Machine-to-Machine (M2M) Apps Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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