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Global M2M Communications Market Research Report 2024
Synopsis
The Machine to Machine (M2M) communication is a type of data communication technology that enables the devices such as sensors or meter to share information automatically with other devices and perform necessary action through a network which can be wired, wireless or hybrid without human intervention. M2M communication is often used for remote monitoring to capture an event and transfer data between mechanical or electronic devices.
The global M2M Communications market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.
According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.
This report aims to provide a comprehensive presentation of the global market for M2M Communications, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding M2M Communications.
Report Scope
The M2M Communications market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global M2M Communications market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the M2M Communications companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
KORE Wireless Group, Inc
Orange SA
Sierra Wireless,Inc
Ibexis Ltd.
ELSE SA
Orbcomm Inc.
Iridium Communications Inc.
Quake Global, Inc.
Stellar Satellite Communications Ltd.
Remote Intelligence Systems LLC.
Segment by Type
Automatic Identification System
Satellites Telemetry
Others
Segment by Application
Retail
Healthcare
Government and Public Sector
Agriculture
Automotive
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of M2M Communications companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
The Machine to Machine (M2M) communication is a type of data communication technology that enables the devices such as sensors or meter to share information automatically with other devices and perform necessary action through a network which can be wired, wireless or hybrid without human intervention. M2M communication is often used for remote monitoring to capture an event and transfer data between mechanical or electronic devices.
The global M2M Communications market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.
According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.
This report aims to provide a comprehensive presentation of the global market for M2M Communications, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding M2M Communications.
Report Scope
The M2M Communications market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global M2M Communications market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the M2M Communications companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
KORE Wireless Group, Inc
Orange SA
Sierra Wireless,Inc
Ibexis Ltd.
ELSE SA
Orbcomm Inc.
Iridium Communications Inc.
Quake Global, Inc.
Stellar Satellite Communications Ltd.
Remote Intelligence Systems LLC.
Segment by Type
Automatic Identification System
Satellites Telemetry
Others
Segment by Application
Retail
Healthcare
Government and Public Sector
Agriculture
Automotive
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of M2M Communications companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global M2M Communications Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Automatic Identification System
1.2.3 Satellites Telemetry
1.2.4 Others
1.3 Market by Application
1.3.1 Global M2M Communications Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Retail
1.3.3 Healthcare
1.3.4 Government and Public Sector
1.3.5 Agriculture
1.3.6 Automotive
1.3.7 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global M2M Communications Market Perspective (2019-2030)
2.2 M2M Communications Growth Trends by Region
2.2.1 Global M2M Communications Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 M2M Communications Historic Market Size by Region (2019-2024)
2.2.3 M2M Communications Forecasted Market Size by Region (2025-2030)
2.3 M2M Communications Market Dynamics
2.3.1 M2M Communications Industry Trends
2.3.2 M2M Communications Market Drivers
2.3.3 M2M Communications Market Challenges
2.3.4 M2M Communications Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top M2M Communications Players by Revenue
3.1.1 Global Top M2M Communications Players by Revenue (2019-2024)
3.1.2 Global M2M Communications Revenue Market Share by Players (2019-2024)
3.2 Global M2M Communications Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by M2M Communications Revenue
3.4 Global M2M Communications Market Concentration Ratio
3.4.1 Global M2M Communications Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by M2M Communications Revenue in 2023
3.5 M2M Communications Key Players Head office and Area Served
3.6 Key Players M2M Communications Product Solution and Service
3.7 Date of Enter into M2M Communications Market
3.8 Mergers & Acquisitions, Expansion Plans
4 M2M Communications Breakdown Data by Type
4.1 Global M2M Communications Historic Market Size by Type (2019-2024)
4.2 Global M2M Communications Forecasted Market Size by Type (2025-2030)
5 M2M Communications Breakdown Data by Application
5.1 Global M2M Communications Historic Market Size by Application (2019-2024)
5.2 Global M2M Communications Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America M2M Communications Market Size (2019-2030)
6.2 North America M2M Communications Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America M2M Communications Market Size by Country (2019-2024)
6.4 North America M2M Communications Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe M2M Communications Market Size (2019-2030)
7.2 Europe M2M Communications Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe M2M Communications Market Size by Country (2019-2024)
7.4 Europe M2M Communications Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific M2M Communications Market Size (2019-2030)
8.2 Asia-Pacific M2M Communications Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific M2M Communications Market Size by Region (2019-2024)
8.4 Asia-Pacific M2M Communications Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America M2M Communications Market Size (2019-2030)
9.2 Latin America M2M Communications Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America M2M Communications Market Size by Country (2019-2024)
9.4 Latin America M2M Communications Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa M2M Communications Market Size (2019-2030)
10.2 Middle East & Africa M2M Communications Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa M2M Communications Market Size by Country (2019-2024)
10.4 Middle East & Africa M2M Communications Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 KORE Wireless Group, Inc
11.1.1 KORE Wireless Group, Inc Company Detail
11.1.2 KORE Wireless Group, Inc Business Overview
11.1.3 KORE Wireless Group, Inc M2M Communications Introduction
11.1.4 KORE Wireless Group, Inc Revenue in M2M Communications Business (2019-2024)
11.1.5 KORE Wireless Group, Inc Recent Development
11.2 Orange SA
11.2.1 Orange SA Company Detail
11.2.2 Orange SA Business Overview
11.2.3 Orange SA M2M Communications Introduction
11.2.4 Orange SA Revenue in M2M Communications Business (2019-2024)
11.2.5 Orange SA Recent Development
11.3 Sierra Wireless,Inc
11.3.1 Sierra Wireless,Inc Company Detail
11.3.2 Sierra Wireless,Inc Business Overview
11.3.3 Sierra Wireless,Inc M2M Communications Introduction
11.3.4 Sierra Wireless,Inc Revenue in M2M Communications Business (2019-2024)
11.3.5 Sierra Wireless,Inc Recent Development
11.4 Ibexis Ltd.
11.4.1 Ibexis Ltd. Company Detail
11.4.2 Ibexis Ltd. Business Overview
11.4.3 Ibexis Ltd. M2M Communications Introduction
11.4.4 Ibexis Ltd. Revenue in M2M Communications Business (2019-2024)
11.4.5 Ibexis Ltd. Recent Development
11.5 ELSE SA
11.5.1 ELSE SA Company Detail
11.5.2 ELSE SA Business Overview
11.5.3 ELSE SA M2M Communications Introduction
11.5.4 ELSE SA Revenue in M2M Communications Business (2019-2024)
11.5.5 ELSE SA Recent Development
11.6 Orbcomm Inc.
11.6.1 Orbcomm Inc. Company Detail
11.6.2 Orbcomm Inc. Business Overview
11.6.3 Orbcomm Inc. M2M Communications Introduction
11.6.4 Orbcomm Inc. Revenue in M2M Communications Business (2019-2024)
11.6.5 Orbcomm Inc. Recent Development
11.7 Iridium Communications Inc.
11.7.1 Iridium Communications Inc. Company Detail
11.7.2 Iridium Communications Inc. Business Overview
11.7.3 Iridium Communications Inc. M2M Communications Introduction
11.7.4 Iridium Communications Inc. Revenue in M2M Communications Business (2019-2024)
11.7.5 Iridium Communications Inc. Recent Development
11.8 Quake Global, Inc.
11.8.1 Quake Global, Inc. Company Detail
11.8.2 Quake Global, Inc. Business Overview
11.8.3 Quake Global, Inc. M2M Communications Introduction
11.8.4 Quake Global, Inc. Revenue in M2M Communications Business (2019-2024)
11.8.5 Quake Global, Inc. Recent Development
11.9 Stellar Satellite Communications Ltd.
11.9.1 Stellar Satellite Communications Ltd. Company Detail
11.9.2 Stellar Satellite Communications Ltd. Business Overview
11.9.3 Stellar Satellite Communications Ltd. M2M Communications Introduction
11.9.4 Stellar Satellite Communications Ltd. Revenue in M2M Communications Business (2019-2024)
11.9.5 Stellar Satellite Communications Ltd. Recent Development
11.10 Remote Intelligence Systems LLC.
11.10.1 Remote Intelligence Systems LLC. Company Detail
11.10.2 Remote Intelligence Systems LLC. Business Overview
11.10.3 Remote Intelligence Systems LLC. M2M Communications Introduction
11.10.4 Remote Intelligence Systems LLC. Revenue in M2M Communications Business (2019-2024)
11.10.5 Remote Intelligence Systems LLC. Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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