Global Cellular M2M Market Key Drivers, Size, Share, Trends, Growth, Future Scope Analysis and Forecast To 2027
                     Global Cellular M2M Market Key Drivers, Size, Share, Trends, 
Growth, Future Scope Analysis and Forecast To 2027
Market Highlights
Global Cellular M2M Market has been segmented based on Services Application, End User, 
Organization Size, and Region.
Based on services, the cellular M2M market has been segmented into Connectivity services, 
Professional services, and Managed services
Based on application, the cellular M2M market has been segmented into Asset tracking and 
monitoring, Predictive maintenance, Telemedicine, Fleet management, Warehouse 
management, Industrial automation, Smart meter, others. Furthermore, the other segment is 
sub segmented into connected cars, point of sale (POS), and digital signage
Based on end user, the cellular M2M market has been segmented into Healthcare, Energy and 
utilities, Transportation and logistics, Manufacturing, Others. Furthermore, the other segment is 
sub dived into Automotive and Retail
Based on Organization Size, the cellular M2M market has been segmented into Large 
Enterprises, Small and Medium Enterprises (SMEs)
Based on region, the cellular M2M market has been segmented into North America, Asia-
Pacific, Europe, the Middle East & Africa, and South America
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Key Players
The key players in the global cellular M2M market are identified based on their country of 
origin, presence across different regions, recent key developments, product diversification, 
and industry expertise. These include AT&T ( US ) , Verizon ( US ) , T-Mobile  ( US ) , 
Deutsche Telekom ( Germany ) , Orange S.A. ( France ) , Telefonica ( Spain ) , Vodafone 
( UK ) , Ericsson ( Sweden ) , Kore Wireless ( US ) , Aeris ( US ) , Arm holdings ( UK ) , China 
Mobile ( China ) , Infineon ( Germany ) , Thales Group ( France ) , Orbocomm ( US ) , Telit 
( UK ) , Giesecke+Devrient ( Germany ) , Cubic Telecom ( Ireland ) , KPN ( Netherlands ) , A1 
Digital ( Austria ) , SK Telecom ( South Korea ) , Rogers Communications ( Canada ) , 
Telenor Connexion ( Sweden ) , Truphone ( UK ) , and 1oT ( Estonia )
Regional Analysis
Global Cellular M2M Market is expected to expand at an 72.00% CAGR during the forecast 
period, to reach 16,092.5 Million by 2026. The geographic analysis of the Cellular M2M 
market has been conducted in North America, Europe, Asia-Pacific, the Middle East & Africa, 
and South America.
North America is expected to be the dominating region due to the faster adoption of 
innovative technologies in developed countries such as the US and Canada. The US 
accounted for the largest market share, followed by Canada and Mexico. This growth can 
be attributed to increasing acceptance of the cellular M2M in the business operations 
across various industries. The main factor driving the Cellular M2M market in this region is 
the strong presence of key industry players offering Cellular M2M solutions.
The European market has been segmented into the UK, Germany, France, and the rest of 
Europe. In terms of market size, Europe is expected to be the second-largest regional 
market. The UK is projected to be the leading country-level market, while Germany is 
expected to register the highest growth over the review period. Growing need for data 
reliability and efficiency, embedded telecommunications in the region are boosting the 
market growth.
The market in Asia-Pacific is projected to register the fastest growth rate over the forecast 
period, with the regional market being segmented into China, Japan, India, and the rest of 
Asia-Pacific. This share is attributable to increasing adoption of M2M value-added services 
to ensure vehicle safety and security of vehicles and drivers in small scale enterprises.
The Middle East & African and South American markets have started adopting these 
new connectivity technologies recently. The service providers and enterprises from 
manufacturing, government, and defence sectors in this region have started adopting 
this technology.
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