Cellular M2M Market Key Players Analysis, Size, Growth, Trends and Forecast up to 2026

Cellular machine-to-machine (M2M) value-added services are defined as the cellular value-added process between different SIM-enabled machines to provide connectivity across multiple wireless networks, such as CDMA, GSM, GPRS, 3G, LTE or Wi-Fi and WiMAX. The cellular machine-to machine modules include custom applications such as video surveillance, remote vehicle diagnosis, fleet management, asset tracking, flight recovery and sales systems (POS) to provide commercial efficiency to multiple companies. M2M value-added cellular services are integrated into many companies to ensure operational efficiency and minimize losses associated with operational gaps.
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The major factors that drives the growth of global cellular M2M market includes growing adoption of smartphones, increasing consumers focus in wireless connectivity due to low cost of connectivity applications and growing compliances of regulatory. In addition, increasing focus on risk assessment and management in order to improve machine to machine communication and their adoption in small and medium-sized enterprises is another key factor propelling the growth of global cellular M2M market during the forecast period. Moreover, increasing penetration of cellular based M2M VAS applications in various industries, such as automotive, energy & utilities, and retail led to the growth of global cellular M2M market. Additionally, increasing penetration of internet of things (IoT) and rising adoption of unified M2M platform are some other factors that are anticipated to drive the growth of global cellular M2M market in upcoming years. On the other hand, lack of consistent system and privacy of individuals data are some factors hindering the growth of cellular M2M market.
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Based on region, Asia-Pacific is expected to grow at higher CAGR during forecast period due to increasing penetration of bring your own devices (BYOD) among small and medium-sized enterprises to improve risk management.
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Global Cellular M2M market has been segmented on the basis of application, service, user type and vertical. Based on application, the market is segmented into video surveillance, fleet management, asset tracking, theft recovery and point-of-sales (PoS). Based on service, the market is segmented into professional services and managed services. Based on user type, the market is segmented into small medium & enterprises (SME) and large enterprise. Based on vertical, the market is segmented into automotive & transportation, consumer electronics, energy & utilities, healthcare, retail, security & public safety and others.
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Some of the major players of global Cellular M2M market are AT&T Intellectual Property, Verizon, China Mobile Limited, Vodafone Group plc, Amdocs, Aeris Communications, Deutsche Telekom AG, Sprint Corporation, Sierra Wireless and Telefonica S.A. among others.
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