Cellular M2M Market 2021 Analysis May Set New Growth Story, Forecast to 2027

 The global cellular M2M market is projected to grow from USD 7.19 billion in 2020 to USD 8.86 billion in 2021 at a compound annual growth rate (CAGR) of 21%. Growth is driven primarily by increasing adoption of wireless connectivity across industries to improve operational efficiencies, quality of products and services, and advances in connectivity technologies are also driving market growth. The cellular M2M market is expected to reach USD 237.9 billion in 2025, at a CAGR of 28.37%. The adoption of high-speed internet and connectivity technologies such as 4G and 5G is expected to propel the growth of the cellular M2M market during the forecast period.

A full report of Cellular M2M Market available at https://www.orionmarketreports.com/cellular-m2m-market/31025/

Some of the important players in cellular M2M market are AT&T, Verizon Communications, Vodafone Group PLC, Sprint Corporation, Amdocs Inc., China Mobile Limited, Deutsche Telecom AG, Telefonica SA, Aeris Communications and Sierra Wireless.

Cellular M2M Market: Segmentation

By Component:

  • Hardware
  • Software
  • Services

By End-Use:

  • Banking, Financial Services and Insurance (Bfsi)
  • Media & Communication Services
  • Manufacturing and Automotive
  • Government and Utilities
  • Information Technology and Telecommunication Services
  • Security and Surveillance
  • Aerospace and Defence

By Technology:

  • Cloud Computing
  • Artificial Intelligence (Ai)
  • Machine Learning

The report covers the following objectives:

  • Proliferation and maturation of trade in the Cellular M2M Market.
  • The market share of the Cellular M2M Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
  • Current and future market trends that are influencing the growth opportunities and growth rate of the Cellular M2M Market.
  • Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Cellular M2M Market.

Key Questions Answered by Cellular M2M Market Report

  • What was the Cellular M2M Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
  • What will be the CAGR of Cellular M2M Market during the forecast period (2021-2027)?
  • Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
  • Which manufacturer/vendor/players in the Cellular M2M Market was the market leader in 2020?
  • Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

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