Market Overview:
The global machine-to-machine (M2M) connections market size reached US$ 19.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 25.5 Billion by 2027, exhibiting a growth rate (CAGR) of 5.3% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Machine-to-machine (M2M) connections enable networked devices to exchange information and perform actions without the manual assistance of humans. They use sensors, radio frequency identification (RFID), Wi-Fi, and cellular communications links to capture data that is fed through networks and provide critical input to various forms of machines. They can operate over data endpoint (DEP), communication networks, and data integration point (DIP), which helps in scheduling data transfers. They assist in reducing costs by minimizing equipment maintenance and downtime, boosting revenue by revealing new business opportunities for servicing products and enhancing customer service by proactively monitoring and servicing equipment before it fails or is required.
Machine-to-Machine (M2M) Connections Market Trends:
M2M connections are widely employed in medical devices to diagnose and treat chronic conditions. This, in confluence with the increasing prevalence of chronic diseases, escalating demand for remote patient monitoring, and significant improvements in the healthcare infrastructure, are major factors bolstering the market growth. In addition, the growing demand for automation and effective predictive maintenance systems across various industries for real-time collection of data and continuous analysis of equipment conditions. Besides this, the emerging trend of smart homes and devices on account of inflating income levels and rapid urbanization are driving the demand for M2M connections around the world. Furthermore, the growing investments in the development of smart cities have catalyzed the demand for smart grids, which is creating a favorable outlook for the market. Apart from this, the integration of artificial intelligence (AI), cloud-based security, and analytical solutions is offering lucrative growth opportunities to industry players.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global machine-to-machine (M2M) connections market report, along with forecasts for growth at the global and regional level from 2022-2027. Our report has categorized the market based on region, connection type, technology, and end use industry.
Breakup by Connection Type:
Wireless connections currently dominate the market.
Breakup by Technology:
- Serial Connection
- Power Line Connection
- Cellular
- Wi-Fi
- Bluetooth
- Others
Cellular technology accounts for the majority of the total market share due to higher efficiency and improving networking capabilities.
Breakup by End Use Industry:
- Automotive
- Healthcare
- Consumer Electronics
- Transportation
- Utilities
- Retail
- Others
M2M connections find extensive application in the automotive and transportation industries.
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
North America holds the majority of the global machine-to-machine (M2M) connections market share on account of continuous technological advancements in the region.
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AT&T Inc., Cisco Systems Inc., Deutsche Telekom AG, Huawei Technologies Co. Ltd., Intel Corporation, Murata Manufacturing Co. Ltd., NXP Semiconductors N.V., Telefonica S.A., Texas Instruments Incorporated, U-Blox Holding AG, Verizon Communication Inc. and Vodafone Group Plc.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Connection Type, Technology, End Use Industry, Region |
| Region Covered |
North America, Asia Pacific, Europe, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, China, Japan, India, South Korea, Australia, Indonesia, Germany, France, United Kingdom, Italy, Spain, Russia, Brazil, Mexico |
| Companies Covered |
AT&T Inc., Cisco Systems Inc., Deutsche Telekom AG, Huawei Technologies Co. Ltd., Intel Corporation, Murata Manufacturing Co. Ltd., NXP Semiconductors N.V., Telefonica S.A., Texas Instruments Incorporated, U-Blox Holding AG, Verizon Communication Inc. and Vodafone Group Plc |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global machine-to-machine (M2M) connections market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global machine-to-machine (M2M) connections market?
- What are the key regional markets?
- What is the breakup of the market based on the connection type?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global machine-to-machine (M2M) connections market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Machine-to-Machine (M2M) Connections Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Connection Type
6.1 Wired
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Wireless
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Technology
7.1 Serial Connection
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Power Line Connection
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Cellular
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Wi-Fi
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Bluetooth
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by End Use Industry
8.1 Automotive
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Healthcare
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Consumer Electronics
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Transportation
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Utilities
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Retail
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Others
8.7.1 Market Trends
8.7.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 AT&T Inc.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Cisco Systems Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Deutsche Telekom AG
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Huawei Technologies Co. Ltd.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 SWOT Analysis
14.3.5 Intel Corporation
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Murata Manufacturing Co. Ltd.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 NXP Semiconductors N.V.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Telefonica S.A.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Texas Instruments Incorporated
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 U-Blox Holding AG
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.11 Verizon Communication Inc.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Vodafone Group Plc
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
List of Figures
Figure 1: Global: Machine-to-Machine (M2M) Connections Market: Major Drivers and Challenges
Figure 2: Global: Machine-to-Machine (M2M) Connections Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Machine-to-Machine (M2M) Connections Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Machine-to-Machine (M2M) Connections Market: Breakup by Connection Type (in %), 2021
Figure 5: Global: Machine-to-Machine (M2M) Connections Market: Breakup by Technology (in %), 2021
Figure 6: Global: Machine-to-Machine (M2M) Connections Market: Breakup by End Use Industry (in %), 2021
Figure 7: Global: Machine-to-Machine (M2M) Connections Market: Breakup by Region (in %), 2021
Figure 8: Global: Machine-to-Machine (M2M) Connections (Wired) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Machine-to-Machine (M2M) Connections (Wired) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Machine-to-Machine (M2M) Connections (Wireless) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Machine-to-Machine (M2M) Connections (Wireless) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Machine-to-Machine (M2M) Connections (Serial Connection) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Machine-to-Machine (M2M) Connections (Serial Connection) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Machine-to-Machine (M2M) Connections (Power Line Connection) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Machine-to-Machine (M2M) Connections (Power Line Connection) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Machine-to-Machine (M2M) Connections (Cellular) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Machine-to-Machine (M2M) Connections (Cellular) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Machine-to-Machine (M2M) Connections (Wi-Fi) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Machine-to-Machine (M2M) Connections (Wi-Fi) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Machine-to-Machine (M2M) Connections (Bluetooth) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Machine-to-Machine (M2M) Connections (Bluetooth) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Machine-to-Machine (M2M) Connections (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Machine-to-Machine (M2M) Connections (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Machine-to-Machine (M2M) Connections (Automotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Machine-to-Machine (M2M) Connections (Automotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Machine-to-Machine (M2M) Connections (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Machine-to-Machine (M2M) Connections (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Machine-to-Machine (M2M) Connections (Consumer Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Machine-to-Machine (M2M) Connections (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Machine-to-Machine (M2M) Connections (Transportation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Machine-to-Machine (M2M) Connections (Transportation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Machine-to-Machine (M2M) Connections (Utilities) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Machine-to-Machine (M2M) Connections (Utilities) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Machine-to-Machine (M2M) Connections (Retail) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Machine-to-Machine (M2M) Connections (Retail) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Machine-to-Machine (M2M) Connections (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Machine-to-Machine (M2M) Connections (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: North America: Machine-to-Machine (M2M) Connections Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: North America: Machine-to-Machine (M2M) Connections Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: North America: Machine-to-Machine (M2M) Connections Market: Breakup by Country (in %), 2021
Figure 41: United States: Machine-to-Machine (M2M) Connections Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: United States: Machine-to-Machine (M2M) Connections Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Canada: Machine-to-Machine (M2M) Connections Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Canada: Machine-to-Machine (M2M) Connections Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Asia-Pacific: Machine-to-Machine (M2M) Connections Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Asia-Pacific: Machine-to-Machine (M2M) Connections Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Asia-Pacific: Machine-to-Machine (M2M) Connections Market: Breakup by Country (in %), 2021
Figure 48: China: Machine-to-Machine (M2M) Connections Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: China: Machine-to-Machine (M2M) Connections Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Japan: Machine-to-Machine (M2M) Connections Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Japan: Machine-to-Machine (M2M) Connections Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: India: Machine-to-Machine (M2M) Connections Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: India: Machine-to-Machine (M2M) Connections Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: South Korea: Machine-to-Machine (M2M) Connections Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: South Korea: Machine-to-Machine (M2M) Connections Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Australia: Machine-to-Machine (M2M) Connections Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Australia: Machine-to-Machine (M2M) Connections Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Indonesia: Machine-to-Machine (M2M) Connections Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Indonesia: Machine-to-Machine (M2M) Connections Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Others: Machine-to-Machine (M2M) Connections Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Others: Machine-to-Machine (M2M) Connections Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Europe: Machine-to-Machine (M2M) Connections Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Europe: Machine-to-Machine (M2M) Connections Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Europe: Machine-to-Machine (M2M) Connections Market: Breakup by Country (in %), 2021
Figure 65: Germany: Machine-to-Machine (M2M) Connections Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Germany: Machine-to-Machine (M2M) Connections Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: France: Machine-to-Machine (M2M) Connections Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: France: Machine-to-Machine (M2M) Connections Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: United Kingdom: Machine-to-Machine (M2M) Connections Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: United Kingdom: Machine-to-Machine (M2M) Connections Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Italy: Machine-to-Machine (M2M) Connections Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Italy: Machine-to-Machine (M2M) Connections Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Spain: Machine-to-Machine (M2M) Connections Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Spain: Machine-to-Machine (M2M) Connections Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Russia: Machine-to-Machine (M2M) Connections Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Russia: Machine-to-Machine (M2M) Connections Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Others: Machine-to-Machine (M2M) Connections Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Others: Machine-to-Machine (M2M) Connections Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Latin America: Machine-to-Machine (M2M) Connections Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Latin America: Machine-to-Machine (M2M) Connections Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Latin America: Machine-to-Machine (M2M) Connections Market: Breakup by Country (in %), 2021
Figure 82: Brazil: Machine-to-Machine (M2M) Connections Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Brazil: Machine-to-Machine (M2M) Connections Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Mexico: Machine-to-Machine (M2M) Connections Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Mexico: Machine-to-Machine (M2M) Connections Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Others: Machine-to-Machine (M2M) Connections Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Others: Machine-to-Machine (M2M) Connections Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Middle East and Africa: Machine-to-Machine (M2M) Connections Market: Sales Value (in Million US$), 2016 & 2021
Figure 89: Middle East and Africa: Machine-to-Machine (M2M) Connections Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 90: Middle East and Africa: Machine-to-Machine (M2M) Connections Market: Breakup by Country (in %), 2021
Figure 91: Global: Machine-to-Machine (M2M) Connections Industry: SWOT Analysis
Figure 92: Global: Machine-to-Machine (M2M) Connections Industry: Value Chain Analysis
Figure 93: Global: Machine-to-Machine (M2M) Connections Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Machine-to-Machine (M2M) Connections Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Machine-to-Machine (M2M) Connections Market Forecast: Breakup by Connection Type (in Million US$), 2022-2027
Table 3: Global: Machine-to-Machine (M2M) Connections Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 4: Global: Machine-to-Machine (M2M) Connections Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 5: Global: Machine-to-Machine (M2M) Connections Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Machine-to-Machine (M2M) Connections Market: Competitive Structure
Table 7: Global: Machine-to-Machine (M2M) Connections Market: Key Players