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.
Scope of the Report:This report studies the M2M Communications market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the M2M Communications market by product type and applications/end industries.
Machine to machine (M2M) satellite communication is a revolutionary technology that enables both wired and wireless systems to communicate with other similar devices. It is widely used for communication purposes to transfer and control data in locations with limited broadband networks. M2M-based satellite communication has encouraged organizations to expand their market reach globally, without facing any communication delays and problems. Machine to machine satellite communication providers have installing services in cloud, which has augmented the usage of M2M satellite communication. This technology is used in industries for monitoring and managing their assets remotely.
The global M2M Communications market is valued at xx million USD in 2020 and is expected to reach xx million USD by the end of 2026, growing at a CAGR of xx% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of M2M Communications.
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
Market Segment by Companies, this report covers KORE Wireless Group, Inc.
Orange SA
Numerex Corp.
Ibexis Ltd.
ELSE SA
Orbcomm Inc.
Iridium Communications Inc.
ORBCOMM
Quake Global, Inc.
Stellar Satellite Communications Ltd.
Remote Intelligence Systems LLC.
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Automatic Identification System
Satellites Telemetry
Others
Global M2M S
Market Segment by Applications, can be divided into Retail
Healthcare
Government and Public Sector
Agriculture
Automotive
Others
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
