Categories: IT and Telecommunications
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The global cellular M2M market is predictable to grow at a CAGR of 20.1% during the estimated period. The market is anticipated to surpass USD 31.3 billion by 2031, from USD 9.2 billion in 2020.
The mobile network uses M2M wireless connectivity to cover a large area. Cell networks connect contact devices, and then communication begins. Communication gadgets These instruments are portable and are used to communicate their status on a regular basis. Consumers are becoming more interested in cellular networking, such as smartphones, all over the world. Cellular M2M connectivity is growing as a result of the global adoption of smartphones in a variety of vertical industries.
IMPACT OF COVID-19 ON THE GLOBAL CELLULAR M2M MARKET
The rapid spread of the coronavirus has resulted in a health crisis as well as a major global financial crisis. Organizational investment in developing cellular M2M technologies has been reduced as a result of massive economic losses in most industries. However, the market for mobile M2M applications in large vertical areas such as healthcare and services are expected to keep up with technological advances and digitization to reduce human interference in different countries. Organizations are increasingly combining smartphone, cloud, Big Data and Analytics technology to improve operational efficiency and productivity in cellular M2M solutions.
CELLULAR M2M MARKET INFOGRAPHICS
Source: ThinkWise Intelligence Analysis
CELLULAR M2M MARKET DYNAMICS
MARKET DRIVER: RISING ACCEPTANCE OF FAST INTERNET AND CONNECTIVITY TECHNOLOGIES, SUCH AS 4G AND 5G
The manner in which consumers, businesses, and communication networks interact with corporate systems has revolutionized internet and cellular technology. A significant increase in M2M connections has had a significant impact on how many companies in various sectors operate, resulting in improvements in operating performance, product and service quality, and decision making. Organizations have already developed connectivity technologies for the next decade, such as 4G and 5G, to enable creativity and competitive advantage by connecting billions of hyper-connected devices, equipment, and individuals. With increased data stability and performance, embedded telecommunications have paved the way for global business development. Furthermore, lower networking costs have enabled vendors to use wireless communications in a more inclusive manner. Because of the economic connectivity, M2M devices are commonly used across various verticals, particularly in the insurance and automotive industries. Even SMEs are implementing value-added M2M systems to ensure vehicle and driver safety.
MARKET RESTRAINT: GROWING WORRIES ABOUT DATA CONFIDENTIALITY AND SECURITY
The amount of M2M data obtained can create new threats to security and privacy. Cloud-based data sharing improves the locations where personal data is stored. Most cellular M2M app providers track, handle, and archive personal data, asset and vehicle data, and remote links to various IT networks, and are concerned with data leaks or exposure to third-party officials for marketing purposes.
MARKET OPPORTUNITY: INCREASING ADOPTION OF IOT
M2M is a critical component of the Internet of Things revolution. The Internet of Things includes M2M connections and data analytics, cloud computing, sensors and actuators that can power autonomous machines and smart systems. M2M advancements in wireless networking, sensing, and operation have given impetus to IoT. In addition, for several years the number of connected devices has increased exponentially. As a result, IoT supports a wide range of smart apps and programs that address many of the problems that people face on a daily basis.
MARKET THREAT: GROWING SECURITY THREATS DUE TO CLOUD AND MOBILE TECHNOLOGIES
The rise of disruptive technology such as the cloud and smartphones has benefited cellular M2M applications significantly. Nevertheless, the private and proprietary nature of the data provided by the M2M cellular application providers are the main issues, along with tracking sensitive data traffic, digital access rights to information and security of intellectual property. Data protection and security are a complicated but effective bottleneck. An appropriate access and control scheme must be developed to combat data theft.
KEY TRENDS IN THE GLOBAL CELLULAR M2M MARKET
GLOBAL CELLULAR M2M MARKET TRENDS, BY PRODUCT
"During the forecast period, the Cellular M2M market for Connectivity services segment is expected to dominate the global market."
As consumers deploy more complex applications, the demand for networking services grows. To provide long-distance coverage, services must maintain stable, efficient, and adaptable networks. As a result, it has been a critical feature in developing comprehensive IoT solutions that provide roaming networks and SIMs with global coverage.
GLOBAL CELLULAR M2M MARKET TRENDS, BY INDUSTRY VERTICAL
"During the forecast period, the Cellular M2M market for Transportation and logistics is expected to dominate the global market."
With the global adoption of cellular M2M technologies and applications, the transition of the transportation and logistics sector is critical. As a result of rapid digitalization, many key players will share information via M2M technologies, increasing supply chain efficiency. Logistics and transportation processes are being innovated through the use of cellular M2M solutions, and businesses are utilizing custom solutions to efficiently operate supply chain and procurement networks.
GLOBAL CELLULAR M2M MARKET TRENDS, BY REGION
" North America holds the dominant share in the global market."
North America has become very open to the adoption of latest technological advances, such as cloud integration and mobile technology in M2M cellular solutions, in order to simplify business operations and optimize the use of business tools. The area primarily deploys mobile M2M cellular apps, which effectively ensure the digital transition and coordination between a wide range of employees or locations. Furthermore, North America is home to a number of scientific pioneers. The area is home to the majority of the major corporations, including AT&T, Verizon, and T-Mobile. They have a large client base and provide efficient M2M cellular solutions and facilities all over the world.
COMPETITIVE LANDSCAPE IN THE GLOBAL CELLULAR M2M MARKET
The global Cellular M2M market is highly diverse and competitive, with many international players and a small number of regional and local players. AT&T Inc., Aeris Communications, China Mobile Ltd, Deutsche Telekom AG, Verizon Communication, Vodafone Group PLC, Amdocs, are some of the market's major players.
RECENT ADVANCES IN THE GLOBAL CELLULAR M2M MARKET
CHAPTER 1. INTRODUCTION
1.1. KEY OBJECTIVES OF THE STUDY
1.2. MARKET SCOPE & DEFINITION
1.2.1. MARKET SEGMENTATION
1.3. REPORT DESCRIPTION
1.4. LIMITATIONS
1.5. STAKEHOLDERS FOR PRIMARY INTERVIEWS
CHAPTER 2. RESEARCH METHODOLOGY
2.1. DATA EXPLORATION
2.1.1. PRIMARY DATA
2.1.1.1. DATA SOURCES
2.1.1.2. KEY DATA COLLECTED
2.1.2. SECONDARY DATA
2.1.2.1. DATA SOURCES
2.1.2.2. KEY DATA COLLECTED
2.2. MARKET SIZE ESTIMATION
2.2.1. TOP-DOWN APPROACH
2.2.2. BOTTOM-UP APPROACH
2.3. DATA BREAKDOWN & TRIANGULATION
2.4. ASSUMPTIONS & FORECAST PARAMETERS
CHAPTER 3. EXECUTIVE SUMMARY
CHAPTER 4. THINKWISE INTELLIGENCE EXCLUSIVE INSIGHTS
4.1. MARKET ATTRACTIVENESS, BY PRODUCT TYPE
4.2. MARKET ATTRACTIVENESS, BY INDUSTRY VERTICAL
4.3. MARKET ATTRACTIVENESS, BY REGION
CHAPTER 5. MARKET OVERVIEW
5.1. INTRODUCTION
5.2. GROWTH IMPACT FORCES
5.2.1. DRIVERS
5.2.2. RESTRAINTS
5.2.3. OPPORTUNITIES
5.2.4. THREATS
5.3. MARKET ECOSYSTEM & VALUE CHAIN
5.3.1. ECOSYSTEM ANALYSIS
5.3.1.1. IMPACT OF COVID-19 ON THE MARKET ECOSYSTEM
5.3.2. VALUE CHAIN ANALYSIS
5.3.2.1. IMPACT OF COVID-19 ON THE MARKET VALUE CHAIN
5.4. INNOVATION & SUSTAINABILITY MATRICES
5.4.1. PATENT MATRIX
5.4.2. REGULATORY MATRIX
5.5. PRICE MATRIX
5.5.1. IMPACT OF COVID-19 ON PRICING
5.5.2. PRICING ANALYSIS
5.5.2.1. BY FILM TYPE
5.5.2.2. BY END-USE INDUSTRY
5.5.2.3. BY REGION
5.6. PORTER’S FIVE FORCES ANALYSIS
5.6.1. BARGAINING POWER OF SUPPLIERS
5.6.2. BARGAINING POWER OF CONSUMERS
5.6.3. THREAT OF SUBSTITUTES
5.6.4. THREAT OF NEW-ENTRANTS
5.6.5. COMPETITIVE RIVALRY INTENSITY
5.7. PESTLE ANALYSIS
5.7.1. POLITICAL
5.7.2. ECONOMICAL
5.7.3. SOCIAL
5.7.4. TECHNOLOGICAL
5.7.5. ENVIRONMENTAL
5.8. IMPACT OF COVID-19 ON GLOBAL CELLULAR M2M MARKET
5.8.1. PRE-COVID MARKET SCENARIO
5.8.2. POST-COVID MARKET SCENARIO
CHAPTER 6. GLOBAL CELLULAR M2M MARKET ANALYSIS, BY PRODUCT TYPE
6.1. INTRODUCTION
6.1.1. PROFESSIONAL SERVICES
6.1.2. CONNECTIVITY
6.1.3. MANAGED SERVICES
CHAPTER 7. GLOBAL CELLULAR M2M MARKET ANALYSIS, BY INDUSTRY VERTICAL
7.1. INTRODUCTION
7.1.1. RETAIL
7.1.2. TRANSPORTATION AND LOGISTICS
7.1.3. SECURITY AND PUBLIC SAFETY
7.1.4. CONSUMER ELECTRONICS
7.1.5. HEALTHCARE
7.1.6. OTHERS
CHAPTER 8. GLOBAL CELLULAR M2M MARKET ANALYSIS, BY REGION
8.1. INTRODUCTION
8.1.1. NORTH AMERICA
8.1.1.1. UNITED STATES (U.S.)
8.1.1.2. CANADA
8.1.1.3. MEXICO
8.1.2. SOUTH AMERICA
8.1.2.1. ARGENTINA
8.1.2.2. BRAZIL
8.1.2.3. COLOMBIA
8.1.2.4. REST OF SOUTH AMERICA
8.1.3. EUROPE
8.1.3.1. GERMANY
8.1.3.2. FRANCE
8.1.3.3. UNITED KINGDOM (UK)
8.1.3.4. RUSSIA
8.1.3.5. SPAIN
8.1.3.6. ITALY
8.1.3.7. SWITZERLAND
8.1.3.8. REST OF EUROPE
8.1.4. ASIA-PACIFIC
8.1.4.1. CHINA
8.1.4.2. JAPAN
8.1.4.3. INDIA
8.1.4.4. SOUTH KOREA
8.1.4.5. AUSTRALIA
8.1.4.6. INDONESIA
8.1.4.7. SINGAPORE
8.1.4.8. MALAYSIA
8.1.4.9. REST OF ASIA-PACIFIC
8.1.5. MIDDLE EAST
8.1.5.1. EGYPT
8.1.5.2. KUWAIT
8.1.5.3. SAUDI ARABIA
8.1.5.4. UNITED ARAB EMIRATES (UAE)
8.1.5.5. REST OF MIDDLE EAST
8.1.6. AFRICA
8.1.6.1. EGYPT
8.1.6.2. NIGERIA
8.1.6.3. SOUTH AFRICA
8.1.6.4. REST OF AFRICA
CHAPTER 9. COMPETITIVE LANDSCAPE
9.1. TOP WINNING STRATEGIES
9.1.1. BY STRATEGY
9.1.2. BY REGION
9.1.3. BY YEAR
9.2. COMPETITIVE HEATMAP
9.3. PRODUCT BENCHMARKING
9.4. STRATEGIC BENCHMARKING
9.4.1. MERGERS & ACQUISITIONS
9.4.2. STRATEGIC PARTNERSHIPS & COLLABORATIONS
CHAPTER 10. PLAYER BENCHMARKING
10.1. AMDOCS INC.
10.1.1. BUSINESS OVERVIEW
10.1.2. PRODUCT OFFERINGS
10.1.3. FINANCIAL OVERVIEW
10.1.4. STRATEGIC BENCHMARKING
10.1.5. SWOT ANALYSIS
10.2. DEUTSCHE TELEKOM AG
10.2.1. BUSINESS OVERVIEW
10.2.2. PRODUCT OFFERINGS
10.2.3. FINANCIAL OVERVIEW
10.2.4. STRATEGIC BENCHMARKING
10.2.5. SWOT ANALYSIS
10.3. AERIS COMMUNICATIONS
10.3.1. BUSINESS OVERVIEW
10.3.2. PRODUCT OFFERINGS
10.3.3. FINANCIAL OVERVIEW
10.3.4. STRATEGIC BENCHMARKING
10.3.5. SWOT ANALYSIS
10.4. SEIRRA WIRELESS
10.4.1. BUSINESS OVERVIEW
10.4.2. PRODUCT OFFERINGS
10.4.3. FINANCIAL OVERVIEW
10.4.4. STRATEGIC BENCHMARKING
10.4.5. SWOT ANALYSIS
10.5. ERICSSON
10.5.1. BUSINESS OVERVIEW
10.5.2. PRODUCT OFFERINGS
10.5.3. FINANCIAL OVERVIEW
10.5.4. STRATEGIC BENCHMARKING
10.5.5. SWOT ANALYSIS
10.6. TELEFONICA S.A.
10.6.1. BUSINESS OVERVIEW
10.6.2. PRODUCT OFFERINGS
10.6.3. FINANCIAL OVERVIEW
10.6.4. STRATEGIC BENCHMARKING
10.6.5. SWOT ANALYSIS
10.7. VERIZON COMMUNICATIONS INC
10.7.1. BUSINESS OVERVIEW
10.7.2. PRODUCT OFFERINGS
10.7.3. FINANCIAL OVERVIEW
10.7.4. STRATEGIC BENCHMARKING
10.7.5. SWOT ANALYSIS
10.8. ORBOCOMM
10.8.1. BUSINESS OVERVIEW
10.8.2. PRODUCT OFFERINGS
10.8.3. FINANCIAL OVERVIEW
10.8.4. STRATEGIC BENCHMARKING
10.8.5. SWOT ANALYSIS
10.9. AT&T
10.9.1. BUSINESS OVERVIEW
10.9.2. PRODUCT OFFERINGS
10.9.3. FINANCIAL OVERVIEW
10.9.4. STRATEGIC BENCHMARKING
10.9.5. SWOT ANALYSIS
10.10. SPRINT CORPORATION
10.10.1. BUSINESS OVERVIEW
10.10.2. PRODUCT OFFERINGS
10.10.3. FINANCIAL OVERVIEW
10.10.4. STRATEGIC BENCHMARKING
10.10.5. SWOT ANALYSIS
10.11. CHINA MOBILE LIMITED
10.11.1. BUSINESS OVERVIEW
10.11.2. PRODUCT OFFERINGS
10.11.3. FINANCIAL OVERVIEW
10.11.4. STRATEGIC BENCHMARKING
10.11.5. SWOT ANALYSIS
10.12. TELEFONICA SA
10.12.1. BUSINESS OVERVIEW
10.12.2. PRODUCT OFFERINGS
10.12.3. FINANCIAL OVERVIEW
10.12.4. STRATEGIC BENCHMARKING
10.12.5. SWOT ANALYSIS
10.13. KORE WIRELESS
10.13.1. BUSINESS OVERVIEW
10.13.2. PRODUCT OFFERINGS
10.13.3. FINANCIAL OVERVIEW
10.13.4. STRATEGIC BENCHMARKING
10.13.5. SWOT ANALYSIS
10.14. CUBIC TELECOM
10.14.1. BUSINESS OVERVIEW
10.14.2. PRODUCT OFFERINGS
10.14.3. FINANCIAL OVERVIEW
10.14.4. STRATEGIC BENCHMARKING
10.14.5. SWOT ANALYSIS
10.15. THALES GROUP
10.15.1. BUSINESS OVERVIEW
10.15.2. PRODUCT OFFERINGS
10.15.3. FINANCIAL OVERVIEW
10.15.4. STRATEGIC BENCHMARKING
10.15.5. SWOT ANALYSIS
CHAPTER 11. APPENDIX
11.1. PREMIUM INSIGHTS FROM INDUSTRY EXPERTS
11.2. RELATED REPORTS
Published On:10-02-2022
Base Year:2021
Historical Data:2018-2020
No of Pages:210