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Market Prospects: M2M Connections Market Growth (Forecast 2018-2023) with | Leading Manufacturers, Product types, Application, Market Sentiment, Focused Regions

  • Tanika Alvarez
    Tanika Alvarez
  • April 8, 2019 1:51 AM IST
  • Comments Off on Market Prospects: M2M Connections Market Growth (Forecast 2018-2023) with | Leading Manufacturers, Product types, Application, Market Sentiment, Focused Regions

M2M Connections

Global M2M Connections Market Report 2018 provides actionable intelligence on factors that have been driving demand; key trends that are impacting the M2M Connections market; challenges that affect the market dynamics along with the market size,SWOT analysis of the key vendors, and various segments.

Competitor Analysis: by product types, market share, applications, sales, and revenue.

  • Vodafone Group
  • Texas Instruments
  • AT&T Inc.
  • Duetsche Telecom AG
  • Siera Wireless
  • China Mobile Ltd.
  • Cisco System Inc.
  • Huawei Technologies Co. Ltd.
  • Intel Corporation
  • Sprint Corporation
  • Gemalto NV
  • Telefonica
  • Telit Communications
  • Verizon Communications Inc.
  • Jasper Technologies

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Description of M2M Connections Market: The M2M Connections Market expected to register a CAGR of 4.37% during the forecast period (2018 – 2023), to reach USD 26.91 billion by 2023. The scope of the report includes different types of M2M connections, such as Cellular Connections, Low Power Wide Area, Short Range, MAN, Wide Area Fixed, and Satellite. The scope is also segmented by end-user and region.

Increasing Number of Mobile Connections is the Major Driver for the Market

There are over 7.5 billion worldwide mobile connections today, a number slightly higher than the estimated global population. Mobile connections far outnumber individual subscribers, as many people have more than one SIM card, perhaps indicating multiple phones for their personal lives or two phones to cover work and social life. This is the major driver for the market. With IoT and Industry 4.0 being adopted by many companies to automate their process and reduce lead times, the market is expected to boom in the forecast period.

Automotive End-User Segment is expected to hold Significant Market Share

The increase in the demand for embedded telematics in cars and Wi-Fi-based GPS trackers for remote fleet monitoring, coupled with Bluetooth in-car connectivity for vehicle infotainment, is expected to drive the growth of the wireless M2M connections market for the automotive end-user industry. The M2M technology using wireless communication allows vehicles to interact with each other, as well as with the infrastructure around them and alert drivers in the loop about road conditions. Drivers can be notified of possible collisions, dangerous road conditions and hazardous curves using an array of automated systems. Connected cars are rapidly advancing towards comprehensive security with the launch of M2M technology. Nevertheless, leakage of personal information is one of the major points of concern for potential buyers of these connected cars. Thus, the networks connected to the car need to be protected and secured to avoid any internal or external attacks on the sensitive communication systems. Safety must be given the top priority.

North America is expected to lead the Market for M2M connections

North America is one of the largest markets for technology-based solutions. North America is a strong player is development and implementation of new technologies. North America is also the largest and one of the fastest growing market driverless cars, further pushing the use of number of M2M connections in the region. United States is the major shareholder in the North America region. The industrial sector is also on a steady growth, further pushing the market.

M2M Connections Market report passes on a fundamental overview of the Market including its definition, applications, and advancement. Furthermore, the Industry report investigates the ecumenical Major M2M Connections Market players in detail. M2M Connections Market report gives key bits of Cautiousness and subsisting status of the Players and is a basic Source obviously and heading for Companies and people energized by the Industry.

Reasons to Purchase This Report

  • Current and future M2M Connections Market outlook in the developed and emerging markets
  • Analysing various perspectives of the market with the help of Porter’s five forces analysis
  • The segment that is expected to dominate the market
  • Regions that are expected to witness fastest growth during the forecast period
  • Identifying the latest developments, market shares, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet (in Excel)

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    The Global demand for M2M Connections Market is forecast to report strong development driven by consumption in major evolving markets. More growth opportunities to come up between 2018 and 2025 compared to a few years ago, signifying the rapid pace of change.

    M2M Connections Market Historic Data (2012-2018):

    • Industry Trends: Status and Outlook.
    • Competitive Landscape: By Manufacturers, Development Trends.
    • Product Revenue for Top Players: Market Share, Growth Rate, Current Market Situation Analysis.
    • Market Segment: By Types, By Applications, By Regions/ Geography.
    • Sales Revenue: Market Share, Growth Rate, Current Market Analysis.

    M2M Connections Market Forecast (2018-2023):

    • Market Size Forecast: Overall Size, By Type/Product Category, By Applications/End Users, By Regions/Geography.
    • Key Data (Revenue): Market Size, Market Share, Growth Rate, Growth, Product Sales Price.

    M2M Connections Market Influencing Factors:

    • Market Environment: Government Policies, Technological Changes, Market Risks.
    • Market Drivers: Growing Demand, Reduction in Cost, Market Opportunities and Challenges.

    Request for Customization of the M2M Connections Market Report

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    The M2M Connections Market report can be customized to meet the desired requirements. Please connect with our analyst, who will ensure that you get a report that suits your needs.

  • Tanika Alvarez