M2M Connections Market Share

Market Share of M2M Connections Industry

The market for M2M connections is highly competitive and distinguished by the abundance of both large- and small-scale manufacturers. These businesses have been investing in R&D to increase their production capacity and satisfy the expanding market demand. In established markets like North America and Europe, competition is more intense. The degree of rivalry in this market will continue to increase over the coming years as a result of a variety of variables, including rising production and service extensions, an increase in acquisitions, and technical advancements.

• May 2022 - C-DOT and Vodafone Idea Limited have agreed to cooperate and work on a non-exclusive basis to evaluate apps and devices from different solution providers to meet oneM2M requirements and to give joint certifications to solve these difficulties in the implementation. The Department of Telecommunications (DOT) and the Center for Development of Telematics (C-DoT) signed a memorandum of understanding (MoU) to work together on machine-to-machine (M2M) and Internet of Things (IoT) solutions for India.
• February 2022 - T-Mobile and Deutsche Telekom AG will introduce T-IoT, a corporate solution for IoT connection, platform administration, and support. Businesses using T-IoT can handle all of their international connections because it will be accessible in 188 locations and on 383 networks globally. The firms use the solution because they know that IoT can change their industries and help them get ready for the 5G era.

Machine to Machine Connections Market Leaders

1. Cisco Systems, Inc.

2. Huawei Technologies Co., Ltd.

3. Intel Corporation

4. Vodafone Group

5. Texas Instruments Incorporated

*Disclaimer: Major Players sorted in no particular order