Cellular M2M Market was valued at USD 16.12 billion in 2023 and is expected to reach USD 90.10 billion by 2032, growing at a CAGR of 21.15% from 2024-2032. This report includes key insights on the adoption rate of Cellular M2M technologies, the influence of regulatory policies and standards, customer demographics, investment and funding trends, and security breach incidents. As industries start embracing advanced connectivity solutions, increasing automation and remote monitoring needs boost the market. Regulatory frameworks, funding support, and rising demand for secure communication networks also drive its course.
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Increased penetration of IoT devices across segments, including the automotive, health, and manufacturing industries, will enhance the increasing need for efficient, reliable, and scalable cellular M2M solutions. Thus, with these trends of increasing automation, remote monitoring, and real-time collection, the demands of advanced connectivity solutions for efficient and seamless M2M applications will be accelerating fast. The applications of cellular M2M networks are crucial for secure, high-speed, and continuous connectivity, which makes them indispensable in smart manufacturing, fleet management, and telemedicine. The large-scale adoption of IoT and the need for scalable solutions will create long-term demand for cellular M2M technologies, unlocking new opportunities across diverse sectors.
In regions with poor cellular network coverage or insufficient infrastructure, the installation of M2M solutions is severely challenged. Reliable and strong networks are a prerequisite for real-time data transmission, which is very crucial for fields such as logistics, autonomous vehicles, and healthcare. In regions lacking an underdeveloped cellular network infrastructure, the effectiveness of M2M systems is hampered, leading to communication delays, loss of data, and poor efficiency levels in the running systems. As M2M applications become more dependent on continuous connectivity, poor cellular coverage in some areas may hinder the mass adoption of these applications and the innovation that comes with them. This problem can be more significant in rural or remote areas, further slowing the growth of the market in such regions.
The global widespread deployment of 5G has been a transformational event that has brought revolution to the market of M2M, not only in speeding up the devices but also due to low latency and reliable connection. 5G enables these high-bandwidth applications such as autonomous vehicles and smart cities using industrial automation applications with up-to 20-Gigabits-per-second peak data rates along with 100+ Megabits-per-second average data rates. This technology leap facilitates real-time communication among devices and enhances the functionality of M2M solutions by allowing the continued exchange of data for fast decision-making and large-scale processing. Further deployment of 5G networks is going to provide new capabilities to industries that aim to implement smarter, more efficient systems. These will further push innovations in transportation, healthcare, and manufacturing areas. This transformative technology will dramatically speed up the spread of M2M solutions, changing global markets.
As M2M devices continue to process sensitive information, its safety is a significant concern. Increased cyberattacks and breaches call for a robust implementation of security systems that would secure data transmitted across the M2M devices in the market. Further complicating matters, a stringent data privacy regulation such as GDPR requires more work to meet these standards in data security. Failure to mitigate these security and privacy issues leads to heavy losses in terms of money, court cases, and loss of a company's goodwill. As the M2M applications grow within the healthcare, automotive, and manufacturing industries, the threat of cyberattacks will increase, which is why secure communication and encryption of data becomes a necessity for organizations.
By Application
The Asset Tracking and Monitoring segment dominated the Cellular M2M Market in 2023, with the highest revenue share of about 34%, due to the growing need for real-time tracking and management of assets in industries like logistics, manufacturing, and transportation. The Telemedicine segment is expected to grow at the fastest CAGR of about 25.71% from 2024-2032, driven by the increasing demand for remote patient monitoring, healthcare automation, and advancements in telecommunication technologies that enable seamless, real-time healthcare services.
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By Function
The Connectivity Services segment dominated the Cellular M2M Market in 2023, with the highest revenue share of about 61%, due to the critical need for reliable and scalable network connections to support a wide range of M2M applications across various industries. The Managed Services segment is expected to grow at the fastest CAGR of about 24.16% from 2024-2032, driven by the increasing demand for outsourced M2M system management, maintenance, and optimization to ensure operational efficiency and reduce costs.
By Industry
The Healthcare segment dominated the Cellular M2M Market in 2023, with the highest revenue share of about 30%, driven by the increasing adoption of remote patient monitoring, telemedicine, and healthcare automation. These applications benefit from reliable M2M connectivity for real-time health data transmission. The Transportation and Logistics segment is expected to grow at the fastest CAGR of about 23.33% from 2024-2032, fueled by the rising demand for fleet management, asset tracking, and real-time monitoring to enhance operational efficiency and reduce costs.
Regional Analysis
North America dominated the 5G Services Market in 2023, with a revenue share of approximately 39%. This is mainly due to the advanced telecommunication infrastructure in the region, early adoption of 5G, and significant investments in 5G networks by key industry players. With a lot of government support and the fast expansion of 5G networks in the automobile, healthcare, and manufacturing industries, North America has emerged as the key driver for 5G service adoption.
Asia Pacific is expected to grow at the fastest CAGR of about 23.15% from 2024-2032. The region's fast-paced digital transformation, rising urbanization, and government initiatives promoting 5G infrastructure are key drivers. Countries like China, India, and Japan are significantly accelerating their 5G deployments, creating vast opportunities in sectors such as smart cities, manufacturing, and entertainment, positioning Asia Pacific as a rapidly emerging leader in the 5G services market.
AT&T: (IoT Connectivity Solutions, Control Center Platform)
Verizon: (IoT Connectivity Services, ThingSpace Platform)
T-Mobile: (IoT Connectivity Plans, IoT Developer Kit)
Deutsche Telekom: (M2M SIM Cards, Cloud of Things Platform)
Orange S.A.: (IoT Connect, Live Objects Platform)
Telefónica: (Smart M2M Platform, Kite Platform)
Vodafone: (Global SIM, IoT Connectivity Platform)
Ericsson: (IoT Accelerator, Connected Vehicle Cloud)
Kore Wireless: (ConnectivityPro, Position Logic)
Aeris: (Aeris Fusion IoT Network, AerPort Connectivity Platform)
Arm Holdings: (Pelion Connectivity Management, Mbed OS)
China Mobile: (OneLink IoT Platform, M2M SIM Cards)
Infineon: (OPTIGA Trust, XMC Microcontrollers)
Thales Group: (Cinterion IoT Modules, Sentinel Licensing)
Orbcomm: (ST 6100 Satellite Terminal, IDP Series Modems)
Telit: (ME910G1-W1 Module, deviceWISE IoT Platform)
Cubic Telecom: (Global Connectivity Solution, PACE Platform)
KPN: (IoT Connect, LoRa Network)
A1 Digital: (SIMplify IoT Connectivity, IoT Platform)
SK Telecom: (ThingPlug IoT Platform, Smart Fleet)
Rogers Communications: (IoT Connectivity Management, Asset Monitoring Solutions)
Telenor Connexion: (Global Connectivity, Managed IoT Cloud)
Truphone: (IoT SIM Cards, Remote SIM Provisioning)
1oT: (1oT SIM Card, 1oT Terminal)
In 2024, Verizon launched LTE-M and Narrowband IoT solutions to provide low-power, cost-effective connectivity for a wide range of IoT applications, boosting M2M communication. These technologies support efficient and scalable IoT networks.
In 2024, Orange showcased open, secure, and software-centric connectivity solutions at the Mobile World Congress, focusing on the transformation of business networks and improving energy efficiency through advanced network design and management.
In June 2024, SK Telecom, alongside Deutsche Telekom, e&, Singtel, and SoftBank, launched a joint venture to co-develop a multilingual Large Language Model (LLM) tailored for telecommunications, aiming to enhance AI capabilities for telecom services.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | USD 16.12 Billion |
| Market Size by 2032 | USD 90.10 Billion |
| CAGR | CAGR of 21.25% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Function (Connectivity Services, Professional Services, Managed Services) • By Application (Asset Tracking and Monitoring, Predictive Maintenance, Telemedicine, Fleet Management, Warehouse Management, Industrial Automation, Smart Meter) • By Industry (Healthcare, Energy and Utilities, Transportation and Logistics, Manufacturing, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | AT&T, Verizon, T-Mobile, Deutsche Telekom, Orange S.A., Telefónica, Vodafone, Ericsson, Kore Wireless, Aeris, Arm Holdings, China Mobile, Infineon, Thales Group, Orbcomm, Telit, Cubic Telecom, KPN, A1 Digital, SK Telecom, Rogers Communications, Telenor Connexion, Truphone, 1oT |
ANS: Cellular M2M Market was valued at USD 16.12 billion in 2023 and is expected to reach USD 90.10 billion by 2032, growing at a CAGR of 21.15% from 2024-2032
ANS: The Asset Tracking and Monitoring segment dominated with a 34% revenue share.
ANS: The Telemedicine segment is expected to grow at a CAGR of 25.71% from 2024-2032.
ANS: The Healthcare segment dominated with a 30% revenue share.
ANS: North America dominated with a 39% revenue share in 2023.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Adoption Rate of Cellular M2M Technologies
5.2 Impact of Regulatory Policies and Standards
5.3 Customer Demographics
5.4 Investment and Funding Trends
5.5 Security breaches Incidents
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Cellular M2M Market Segmentation, By Function
7.1 Chapter Overview
7.2 Connectivity Services
7.2.1 Connectivity Services Market Trends Analysis (2020-2032)
7.2.2 Connectivity Services Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Professional Services
7.3.1 Professional Services Market Trends Analysis (2020-2032)
7.3.2 Professional Services Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Managed Services
7.4.1 Managed Services Market Trends Analysis (2020-2032)
7.4.2 Managed Services Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Cellular M2M Market Segmentation, By Application
8.1 Chapter Overview
8.2 Asset tracking and monitoring
8.2.1 Asset tracking and monitoring Market Trends Analysis (2020-2032)
8.2.2 Asset tracking and monitoring Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Predictive Maintenance
8.3.1 Predictive Maintenance Market Trends Analysis (2020-2032)
8.3.2 Predictive Maintenance Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Telemedicine
8.4.1 Telemedicine Market Trends Analysis (2020-2032)
8.4.2 Telemedicine Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Fleet Management
8.5.1 Fleet Management Market Trends Analysis (2020-2032)
8.5.2 Fleet Management Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6 Warehouse Management
8.6.1 Warehouse Management Market Trends Analysis (2020-2032)
8.6.2 Warehouse Management Market Size Estimates and Forecasts to 2032 (USD Billion)
8.7 Industrial Automation
8.7.1 Industrial Automation Market Trends Analysis (2020-2032)
8.7.2 Industrial Automation Market Size Estimates and Forecasts to 2032 (USD Billion)
8.8 Smart meter
8.8.1 Smart meter Market Trends Analysis (2020-2032)
8.8.2 Smart meter Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Cellular M2M Market Segmentation, By Industry
9.1 Chapter Overview
9.2 Healthcare
9.2.1 Healthcare Market Trends Analysis (2020-2032)
9.2.2 Healthcare Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Energy and Utilities
9.3.1 Energy and Utilities Market Trends Analysis (2020-2032)
9.3.2 Energy and Utilities Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Transportation and Logistics
9.4.1 Transportation and Logistics Market Trends Analysis (2020-2032)
9.4.2 Transportation and Logistics Market Size Estimates and Forecasts to 2032 (USD Billion)
9.5 Manufacturing
9.5.1 Manufacturing Market Trends Analysis (2020-2032)
9.5.2 Manufacturing Market Size Estimates and Forecasts to 2032 (USD Billion)
9.6 Others
9.6.1 Others Market Trends Analysis (2020-2032)
9.6.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Cellular M2M Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.2.3 North America Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.2.4 North America Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.2.5 North America Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.2.6.2 USA Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.2.6.3 USA Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.2.7.2 Canada Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.2.7.3 Canada Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.2.8.2 Mexico Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.2.8.3 Mexico Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe Cellular M2M Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.3.1.6.2 Poland Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.1.6.3 Poland Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.3.1.7.2 Romania Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.1.7.3 Romania Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.3.1.8.2 Hungary Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.1.8.3 Hungary Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.1.9 Turkey
10.3.1.9.1 Turkey Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.3.1.9.2 Turkey Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.1.9.3 Turkey Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.3.1.10.2 Rest of Eastern Europe Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.1.10.3 Rest of Eastern Europe Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe Cellular M2M Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.3.2.4 Western Europe Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.5 Western Europe Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.3.2.6.2 Germany Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.6.3 Germany Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.3.2.7.2 France Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.7.3 France Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.2.8 UK
10.3.2.8.1 UK Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.3.2.8.2 UK Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.8.3 UK Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.3.2.9.2 Italy Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.9.3 Italy Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.3.2.10.2 Spain Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.10.3 Spain Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.3.2.13.2 Austria Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.13.3 Austria Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.3.2.14.2 Rest of Western Europe Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.14.3 Rest of Western Europe Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific Cellular M2M Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.4.3 Asia Pacific Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.4.4 Asia Pacific Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.5 Asia Pacific Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.4.6.2 China Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.6.3 China Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.4.7.2 India Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.7.3 India Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.4.8.2 Japan Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.8.3 Japan Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.4.9.2 South Korea Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.9.3 South Korea Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.4.10.2 Vietnam Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.10.3 Vietnam Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.4.11.2 Singapore Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.11.3 Singapore Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.4.12.2 Australia Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.12.3 Australia Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.4.13 Rest of Asia Pacific
10.4.13.1 Rest of Asia Pacific Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.4.13.2 Rest of Asia Pacific Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.13.3 Rest of Asia Pacific Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East Cellular M2M Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.1.3 Middle East Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.5.1.4 Middle East Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.1.5 Middle East Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.5.1.6 UAE
10.5.1.6.1 UAE Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.5.1.6.2 UAE Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.1.6.3 UAE Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.5.1.7.2 Egypt Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.1.7.3 Egypt Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.5.1.9.2 Qatar Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.1.9.3 Qatar Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.5.1.10.2 Rest of Middle East Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.1.10.3 Rest of Middle East Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa Cellular M2M Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.2.3 Africa Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.5.2.4 Africa Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.2.5 Africa Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.5.2.6.2 South Africa Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.2.6.3 South Africa Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.5.2.8.2 Rest of Africa Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.2.8.3 Rest of Africa Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Cellular M2M Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.6.3 Latin America Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.6.4 Latin America Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.6.5 Latin America Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.6.6.2 Brazil Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.6.6.3 Brazil Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.6.7.2 Argentina Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.6.7.3 Argentina Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.6.8.2 Colombia Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.6.8.3 Colombia Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America Cellular M2M Market Estimates and Forecasts, By Function (2020-2032) (USD Billion)
10.6.9.2 Rest of Latin America Cellular M2M Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.6.9.3 Rest of Latin America Cellular M2M Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
11. Company Profiles
11.1 AT&T
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
11.1.4 SWOT Analysis
11.2 Verizon
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Services Offered
11.2.4 SWOT Analysis
11.3 T-Mobile
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Services Offered
11.3.4 SWOT Analysis
11.4 Deutsche Telekom
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Services Offered
11.4.4 SWOT Analysis
11.5 Orange S.A.
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Services Offered
11.5.4 SWOT Analysis
11.6 Telefónica
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Services Offered
11.6.4 SWOT Analysis
11.7 Vodafone
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Services Offered
11.7.4 SWOT Analysis
11.8 Ericsson
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Services Offered
11.8.4 SWOT Analysis
11.9 Kore Wireless
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 SWOT Analysis
11.10 Aeris
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Function
Connectivity Services
Professional Services
Managed Services
By Application
Asset tracking and monitoring
Predictive Maintenance
Telemedicine
Fleet Management
Warehouse Management
Industrial Automation
Smart meter
By Industry
Healthcare
Energy and Utilities
Transportation and Logistics
Manufacturing
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
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Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of the product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
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The green ICT market is growing as businesses and governments strive to cut carbon footprints and enhance energy efficiency in IT operations.
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The Public Cloud Market size was USD 607.55 Billion in 2023 and is expected to Reach USD 1800 Billion by 2032 and grow at a CAGR of 12.83% by 2032.
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