Machine to Machine (M2M) Services Market Analysis - APAC, North America, Europe, South America, Middle East and Africa - US, China, Japan, India, UK - Size and Forecast 2023-2027

Published: Oct 2023 Pages: 176 SKU: IRTNTR45477

Machine To Machine Services Market Forecast 2023-2027

The Machine to Machine (M2M) Services Market size is forecast to increase by USD 59.17 billion between 2022 and 2027, accelerating at a CAGR of 28.33%. In 2017, the US held the largest market share, projecting an annual revenue of USD 2.09 billion. The market shows growth due to increased connectivity demand drives market growth, pressuring operators to enhance cellular and satellite networks. SatCom connectivity is crucial for aviation, supporting automated flight operations and in-flight Wi-Fi or mobile services. The rise of 5G networks promises advancements in automotive, telecommunications, and IoT sectors, fostering developments in autonomous vehicles, machine-to-machine, and machine-to-infrastructure services.

What will be the Size of the Machine To Machine (M2M) Services Market During the Forecast Period?

To learn more about this report, Download Report Sample

Machine-type communication (MTC) and the proliferation of connected cars, leading to a paradigm shift in various sectors, such as energy consumption optimization and smart management of public buildings. Wired systems are being replaced by more efficient wireless technologies like NB-IoT and LTE-M, enabling seamless M2M communications and facilitating the development of innovative solutions for Industry 4.0. These advancements are bolstered by the integration of analytics, artificial intelligence (AI), and the Internet of Things (IoT), empowering decision-making processes and driving progress across diverse domains, including healthcare equipment, waste management, and water management. As technology continues to evolve, the up-gradation of technologies like 2G and 3G further propels the expansion of the M2M services market, opening doors to a future of interconnected systems and enhanced efficiency.

Market Dynamics

The advancements in connectivity technologies and the adoption of various technologies across industries. These services facilitate seamless communication and data exchange between devices, enabling efficient manufacturing processes IndustryInternetand adherence to safety regulations. Telematics service providers (TSPs) and resellers play a crucial role in delivering M2M communication solutions, leveraging their financial and technological strength to expand into new markets. However, challenges such as the high cost of installation and operational breaches persist, necessitating compliance with government policies and the signing of Memorandum of Understanding (MoU) agreements in telecom-related fields. Despite obstacles, the market is propelled by innovations in wireless technologies like NB-IoT and LTE-M, paving the way for enhanced IoT infrastructure and applications in various sectors, including distribution automation, medical devices, and public safety systems.

Key Market Driver 

The growing demand for connectivity is a key factor boosting the market growth. The surging demand for connectivity is putting pressure on operators to establish robust cellular and satellite networks. The aviation industry relies heavily on SatCom connectivity for automated flight operations and in-flight Wi-Fi or mobile services to meet customer demands. SatCom offers reliable on-the-move communications, providing access to various applications and services efficiently. Furthermore, the increased deployment of satellite terminals like IP Voyager on moving vehicles with tracking antennas contributes to the robust growth of the market. These terminals operate effectively in challenging environments, delivering versatile and dependable performance and driving the services market growth in the forecast period.

Significant Market Trends

The emergence of 5G networks is poised to revolutionize various sectors, including automotive, telecommunications, and IoT. This advancement is expected to bolster developments like autonomous vehicles, machine-to-machine, and machine-to-infrastructure services. Automotive manufacturers and telecom providers have been actively collaborating to develop IoT connectivity platforms, facilitating seamless communication between vehicles. Autonomous vehicles, a significant innovation in the automotive industry, promise numerous social, economic, and mobility benefits. While prototypes exist, efforts are underway to commercialize these technologies.

Safety features in autonomous cars ensure intervention when necessary, particularly in hazardous environments. Vehicle-to-X (V2X) technology enables communication between vehicles and various entities on the road, enhancing driving efficiency and safety. Moreover, IoT plays a pivotal role in fleet and public transport management, supported by solutions provided by companies like Cisco. Additionally, 5G technology facilitates Over-The-Air (OTA) updates, crucial for real-time data processing in automated systems, offering significant benefits in terms of cost and time savings. Companies like Tesla, BlackBerry, and Ford are already leveraging OTA updates to enhance their offerings, driving the growth of the global machine-to-machine services market.

Major Market Challenges

Increasing adoption of hybrid networks such as VSAT is one of the major challenges for machine to machine satellite connections and services. VSAT technology has the capability to provide satellite telecommunication services such as VoIP and satellite broadband Internet access. These services can be accessed through high-frequency bands such as the Ku band. VSAT offers satellite applications or services for low cost when compared with mobile satellite systems. Also, the design complexity issues are very few in VSAT, with customer-friendly and innovative communication solutions due to its smaller antenna size. Hence, VSAT customers are growing rapidly and posing a threat to the machine to machine satellite connections and services market. Therefore, machine to machine service operators are forced to develop advanced technologies to meet growing competition.

Market Segmentation

The market research and growth report extensively covers market segmentation by Component (Software and Service), Deployment (On-Premises and Cloud) and Geography (North America, Europe, Asia, and Rest of World (ROW)).  Furthermore, the market growth analysis report includes historic market data from 2017 to 2021.  The M2M services market is experiencing rapid growth, driven by advancements in analytics and M2M communications technologies. These innovations enable seamless communication between collaborating machines, reducing the need for human involvement and enhancing operational efficiency across various industries. With wired or wireless connectivity options like 4G/LTE and emerging 5G and beyond technologies, M2M services facilitate high-speed internet connectivity and connectivity process optimization. Moreover, the integration of cloud platforms and analytics capabilities further enhances product enhancements and cost-effectiveness. Strategic developments such as partnerships, acquisitions, and software application integration are driving market expansion, particularly in sectors like healthcare equipment, waste management, water management, transportation, and telehealth/telemedicine. As technology giants invest in specialized solutions like autonomous driving and driver assistance systems, the M2M services market is poised for significant growth, catering to the evolving needs of enterprises and smart cities alike.

By Application Analysis

Automotive Segment Dominates the Market

The automotive segment showed a gradual increase in the market share of USD 2.93 billion in 2017 and continued to grow by 2021The technology enables remote diagnostics, which can alert drivers and solution centres to problems and possible solutions. The solutions enable advanced navigation capabilities that provide real-time dynamic traffic information useful for route optimization and schedule delivery. Hence, the growing demand in the automotive segment will drive the market growth and trends.

Market  - Revenue Share by Automotive Segment, 2017-2027   

For more details on other segments, Download Sample Report 

APAC Holds a Prominent Position in the Market.

APAC is estimated to contribute 31% to the growth of the global market during the forecast period. The growing urban population, coupled with increasing disposable income, has raised the demand for passenger and commercial vehicles with integrated advanced technologies to improve fleet management and enhance safety. whole. These factors are driving the growth services market in the region. In addition, demand for car-sharing services has increased across the APAC region. Popular car or taxi service providers prefer to use machine-to-machine mobility solutions and services to improve their performance and improve communication requests efficiently, which will accelerate the growth of the M2M services market in the region.

Moreover, the prevalence of chronic diseases, such as heart disease, cancer, and diabetes, is increasing in the APAC region. Such a raised prevalence of chronic diseases increases the need for long-term consultations in-home care facilities without the need for medical facilities. This is increasing the demand for connected devices that provide effective consulting by observing and analyzing data, which is driving demand. Therefore, the growing demand for effective and timely chronic disease management in the APAC region is driving the growth of the M2M services market during the forecast period.

Market Size, By Region, Global, 2017-2027

To understand geographic trends Download Report Sample

Market Companies Overview

The market is fragmented in nature. Some significant players include Alphabet Inc., Amdocs Ltd., AT and T Inc., BT Group Plc, Cisco Systems Inc.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

Comarch SA, Cstar Technologies Inc., Deutsche Telekom AG, Huawei Technologies Co. Ltd., Intel Corp., Telefonaktiebolaget LM Ericsson, Orange SA, Rogers Communications Inc., Semtech Corp., Telefonica SA, Telit IoT Platforms LLC, Thales Group, Verizon Communications Inc., Vodafone Group Plc, and Aeris Communications Inc.

Market Analyst Overview

The dynamic market growth analysis is propelled by the integration of artificial intelligence (AI) and the Internet of Things (IoT), enhancing intelligence, decision-making, and overall productivity. With rapid development in M2M technology and the advent of fifth-generation (5G) networks providing high-speed connectivity, the market has experienced significant growth. Despite challenges like high installation and maintenance costs, services see widespread deployment in the telecom industry across various end-user verticals, showcasing trends in point-to-point communications, hardware, sensors, and machines integrated into wireless or wired networks. Collaborations between The Indian Institute of Technology Delhi (IITD) and the Centre for Development of Telematics (C-DOT) drive advanced R&D projects in IoT/M2M, AI/ML, cyber security, and 5G technologies. The Asia-Pacific region leads in digital technologies' highest growth rate, with government initiatives and policies fostering machine-to-machine service providers' growth despite security concerns in the communication sector. Innovations continue to shape the future of the connected ecosystem, driving the market toward unprecedented growth.

The technology giants are driving innovation in various sectors, including transportation, telehealth/telemedicine, and smart homes solutions. Their focus on specialized solutions such as self-driving cars and wearable devices revolutionizes industries by integrating vital sign monitoring, sleep pattern tracking, and physical activity analysis. This transformation relies on advanced M2M applications facilitated by wired and wireless systems like Ethernet, Zigbee, and Power-Line. Moreover, the incorporation of hydraulic water pressure sensors, gas detectors, and smoke detectors ensures safety and efficiency. Despite challenges like power consumption and network resilience, ongoing technological advancements and up-gradation of technologies promise scalability and ease of commissioning. Through value chain analysis and optimization of operational activities, the market thrives despite limiting factors, maintaining effectiveness and quality in the current business scenario.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 - 2027.

  • Application  Outlook
    • Automotive
    • Healthcare
    • Utilities
    • Retail
    • Others
  • Technology Outlook
    • Wireless
    • Wired
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile 
      • Brazil 
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

 

 Market Scope

Report Coverage

Details

Page number

176

Base year

2022

Historic period

2017 - 2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 28.33%

Market growth 2023-2027

USD 59.17 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

27.31

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 31%

Key countries

US, China, Japan, India, and UK

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Alphabet Inc., Amdocs Ltd., AT and T Inc., BT Group Plc, Cisco Systems Inc., Comarch SA, Cstar Technologies Inc., Deutsche Telekom AG, Huawei Technologies Co. Ltd., Intel Corp., Telefonaktiebolaget LM Ericsson, Orange SA, Rogers Communications Inc., Semtech Corp., Telefonica SA, Telit IoT Platforms LLC, Thales Group, Verizon Communications Inc., Vodafone Group Plc, and Aeris Communications Inc.

Market dynamics

Parent market analysis,Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

View PDF Sample

What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting between 2023 and 2027
  • Precise estimation of the size of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across APAC, North America, Europe, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global machine to machine services market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global machine to machine services market 2017 - 2021 ($ billion)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ billion)
    • 4.3 Technology Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Technology Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Automotive - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Automotive - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on Automotive - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on Automotive - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
    • 6.4 Healthcare - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Healthcare - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Healthcare - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Healthcare - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Healthcare - Year-over-year growth 2022-2027 (%)
    • 6.5 Utilities - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Utilities - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 43: Data Table on Utilities - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 44: Chart on Utilities - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Utilities - Year-over-year growth 2022-2027 (%)
    • 6.6 Retail - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Retail - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 47: Data Table on Retail - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 48: Chart on Retail - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Retail - Year-over-year growth 2022-2027 (%)
    • 6.7 Others - Market size and forecast 2022-2027
      • Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.8 Market opportunity by Application
      • Exhibit 54: Market opportunity by Application ($ billion)
      • Exhibit 55: Data Table on Market opportunity by Application ($ billion)

    7 Market Segmentation by Technology

    • 7.1 Market segments
      • Exhibit 56: Chart on Technology - Market share 2022-2027 (%)
      • Exhibit 57: Data Table on Technology - Market share 2022-2027 (%)
    • 7.2 Comparison by Technology
      • Exhibit 58: Chart on Comparison by Technology
      • Exhibit 59: Data Table on Comparison by Technology
    • 7.3 Wireless - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Wireless - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 61: Data Table on Wireless - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 62: Chart on Wireless - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Wireless - Year-over-year growth 2022-2027 (%)
    • 7.4 Wired - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Wired - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 65: Data Table on Wired - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 66: Chart on Wired - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Wired - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Technology
      • Exhibit 68: Market opportunity by Technology ($ billion)
      • Exhibit 69: Data Table on Market opportunity by Technology ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 72: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Japan - Market size and forecast 2022-2027
      • Exhibit 103: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 104: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 105: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.11 India - Market size and forecast 2022-2027
      • Exhibit 107: Chart on India - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 108: Data Table on India - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 109: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.12 UK - Market size and forecast 2022-2027
      • Exhibit 111: Chart on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 112: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 113: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ billion)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 AT and T Inc.
              • Exhibit 123: AT and T Inc. - Overview
              • Exhibit 124: AT and T Inc. - Business segments
              • Exhibit 125: AT and T Inc. - Key news
              • Exhibit 126: AT and T Inc. - Key offerings
              • Exhibit 127: AT and T Inc. - Segment focus
            • 12.4 Cisco Systems Inc.
              • Exhibit 128: Cisco Systems Inc. - Overview
              • Exhibit 129: Cisco Systems Inc. - Business segments
              • Exhibit 130: Cisco Systems Inc. - Key news
              • Exhibit 131: Cisco Systems Inc. - Key offerings
              • Exhibit 132: Cisco Systems Inc. - Segment focus
            • 12.5 Comarch SA
              • Exhibit 133: Comarch SA - Overview
              • Exhibit 134: Comarch SA - Product / Service
              • Exhibit 135: Comarch SA - Key offerings
            • 12.6 Cstar Technologies Inc.
              • Exhibit 136: Cstar Technologies Inc. - Overview
              • Exhibit 137: Cstar Technologies Inc. - Product / Service
              • Exhibit 138: Cstar Technologies Inc. - Key offerings
            • 12.7 Deutsche Telekom AG
              • Exhibit 139: Deutsche Telekom AG - Overview
              • Exhibit 140: Deutsche Telekom AG - Business segments
              • Exhibit 141: Deutsche Telekom AG - Key offerings
              • Exhibit 142: Deutsche Telekom AG - Segment focus
            • 12.8 Huawei Technologies Co. Ltd.
              • Exhibit 143: Huawei Technologies Co. Ltd. - Overview
              • Exhibit 144: Huawei Technologies Co. Ltd. - Business segments
              • Exhibit 145: Huawei Technologies Co. Ltd. - Key news
              • Exhibit 146: Huawei Technologies Co. Ltd. - Key offerings
              • Exhibit 147: Huawei Technologies Co. Ltd. - Segment focus
            • 12.9 Intel Corp.
              • Exhibit 148: Intel Corp. - Overview
              • Exhibit 149: Intel Corp. - Business segments
              • Exhibit 150: Intel Corp. - Key news
              • Exhibit 151: Intel Corp. - Key offerings
              • Exhibit 152: Intel Corp. - Segment focus
            • 12.10 Orange SA
              • Exhibit 153: Orange SA - Overview
              • Exhibit 154: Orange SA - Product / Service
              • Exhibit 155: Orange SA - Key offerings
            • 12.11 Rogers Communications Inc.
              • Exhibit 156: Rogers Communications Inc. - Overview
              • Exhibit 157: Rogers Communications Inc. - Business segments
              • Exhibit 158: Rogers Communications Inc. - Key offerings
              • Exhibit 159: Rogers Communications Inc. - Segment focus
            • 12.12 Semtech Corp.
              • Exhibit 160: Semtech Corp. - Overview
              • Exhibit 161: Semtech Corp. - Business segments
              • Exhibit 162: Semtech Corp. - Key news
              • Exhibit 163: Semtech Corp. - Key offerings
              • Exhibit 164: Semtech Corp. - Segment focus
            • 12.13 Telefonica SA
              • Exhibit 165: Telefonica SA - Overview
              • Exhibit 166: Telefonica SA - Business segments
              • Exhibit 167: Telefonica SA - Key offerings
              • Exhibit 168: Telefonica SA - Segment focus
            • 12.14 Telit IoT Platforms LLC
              • Exhibit 169: Telit IoT Platforms LLC - Overview
              • Exhibit 170: Telit IoT Platforms LLC - Business segments
              • Exhibit 171: Telit IoT Platforms LLC - Key offerings
              • Exhibit 172: Telit IoT Platforms LLC - Segment focus
            • 12.15 Thales Group
              • Exhibit 173: Thales Group - Overview
              • Exhibit 174: Thales Group - Business segments
              • Exhibit 175: Thales Group - Key news
              • Exhibit 176: Thales Group - Key offerings
              • Exhibit 177: Thales Group - Segment focus
            • 12.16 Verizon Communications Inc.
              • Exhibit 178: Verizon Communications Inc. - Overview
              • Exhibit 179: Verizon Communications Inc. - Business segments
              • Exhibit 180: Verizon Communications Inc. - Key offerings
              • Exhibit 181: Verizon Communications Inc. - Segment focus
            • 12.17 Vodafone Group Plc
              • Exhibit 182: Vodafone Group Plc - Overview
              • Exhibit 183: Vodafone Group Plc - Business segments
              • Exhibit 184: Vodafone Group Plc - Key offerings
              • Exhibit 185: Vodafone Group Plc - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 186: Inclusions checklist
                • Exhibit 187: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 188: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 189: Research methodology
                • Exhibit 190: Validation techniques employed for market sizing
                • Exhibit 191: Information sources
              • 13.5 List of abbreviations
                • Exhibit 192: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              machine to machine (m2m) services market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis