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The M2M Connections Market is Segmented by Technology (Cellular Connections, Low Power Wide Area, Short Range, MAN, Wide Area Fixed, Satellite), End-user (Retail Sector, Banking and Financial Institution, Telecom & IT Industry, Healthcare, Automotive), and Geography.
2018 - 2026
Fastest Growing Market:
The M2M Connections market was valued at USD 19.18 billion in 2020 and is expected to reach USD 26.52 billion by 2026, at a CAGR of 5.55% over the forecast period (2021 - 2026). M2M connections finds applications in a variety of ways and has advanced over the last few decades with the creation of global Internet and IP network systems, facilitating enhanced and efficient communications over long distances and between massive numbers of devices.
Machine to Machine communication is direct communication between devices using any means of communication such as wired or wireless. This report segments the market by Technology (Cellular Connections, Low Power Wide Area, Short Range, MAN, Wide Area Fixed, Satellite), End-user (Retail Sector, Banking and Financial Institution, Telecom & IT Industry, Healthcare, Automotive), and Geography.
|Low Power Wide Area (LPWA)|
|Wide Area Fixed|
|By End-user Industry|
|Banking and Financial Institution|
|Telecom & IT Industry|
|Oil & Gas|
|Other End-user Industry|
|Middle East and Africa|
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The competitive rivalry between the players in the M2M communications market is high owing to the presence of some major players such as Cisco, IBM, Huawei, Intel amongst others. Their ability to continually innovate their offerings has allowed the players to gain a competitive advantage over others. Through research and development, strategic partnerships, mergers & acquisitions these players have been able to attain a greater foot print.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Augmenting Applications Telematics
4.3.2 Adoption of High Speed Spectrum
4.3.3 Increasing Number of Mobile Connections
4.4 Market Restraints
4.4.1 Privacy and Security Issues
4.4.2 Lack of Standardization
4.5 Industry Attractiveness - Porter's Five Force Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Technology
5.1.1 Cellular Connections
5.1.2 Low Power Wide Area (LPWA)
5.1.3 Short Range
5.1.5 Wide Area Fixed
5.2 By End-user Industry
5.2.1 Retail Sector
5.2.2 Banking and Financial Institution
5.2.3 Telecom & IT Industry
5.2.6 Oil & Gas
5.2.8 Other End-user Industry
5.3.1 North America
5.3.4 Latin America
5.3.5 Middle East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Vodafone Group
6.1.2 Texas Instruments
6.1.3 AT&T Inc.
6.1.4 Duetsche Telecom AG
6.1.5 Siera Wireless
6.1.6 China Mobile Ltd.
6.1.7 Cisco System Inc.
6.1.8 Huawei Technologies Co. Ltd.
6.1.9 Intel Corporation
6.1.10 Sprint Corporation
6.1.11 Gemalto NV(Thales Group)
6.1.12 Telefonica SA
6.1.13 Telit Communications
6.1.14 Verizon Communications Inc.
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability