Machine-to-Machine (M2M) Connections Market Business Growth, Development Factors and Growth Analysis

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

According to the latest report by IMARC Group, titled “Machine-to-Machine (M2M) Connections Market : Global Industry Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global machine-to-machine (M2M) connections market 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.

Machine-to-machine (M2M) connections operate via communication networks, data endpoint (DEP), and data integration point (DIP). They help in automating the exchange of data between various technical devices with minimal manual intervention. They also assist organizations in saving costs, restoring functionality; addressing maintenance issues; and monitoring, controlling, and managing remote equipment or devices. As a result, they are combined with the Internet of Things (IoT) to serve different industry verticals.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Machine-to-Machine (M2M) Connections Market Trends:

Industrial automation, in confluence with advancements in the internet technology, are positively influencing the utilization of connected devices in several organizations. This represents one of the major factors stimulating the market growth. Moreover, M2M connections are extensively used in e-health solutions to enable remote patient monitoring, minimize healthcare costs, and improve the quality, efficiency, and flexibility of healthcare delivery. Apart from this, due to the rising traction of autonomous vehicles and smart homes, the demand for M2M connections is expected to increase.

Request Free Sample Report: https://www.imarcgroup.com/machine-to-machine-connections-market/requestsample

Global Machine-to-Machine (M2M) Connections Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

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.

The report has segmented the market on the basis of region, connection type, technology and end use industry.

Breakup by Connection Type:

Wired Wireless

Breakup by Technology:

Serial Connection Power Line Connection Cellular Wi-Fi Bluetooth Others

Breakup by End Use Industry:

Automotive Healthcare Consumer Electronics Transportation Utilities Retail Others

Breakup by Region:

North America: (United States,Canada) Asia Pacific: (China, South Korea, Australia, Others) Europe: (Germany, United Kingdom, Netherlands, Spain, Others) Latin America: (Brazil, Argentina, Others) Middle East and Africa: (South Africa, Israel)

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/machine-to-machine-connections-market

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:

Market Performance (2016-2021) Market Outlook (2022- 2027) Porter’s Five Forces Analysis Market Drivers and Success Factors SWOT Analysis Value Chain Comprehensive Mapping of the Competitive Landscape If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group

30 N Gould St Ste R

Sheridan, WY 82801 USA – Wyoming

Email: [e-mail]

Tel No:(D) [phone]

Americas:- [phone] | Africa and Europe :- [phone] | Asia: [phone], [phone]