Maximize Market Research's latest report, " Global M2M Communication Market Global Demand Analysis and Opportunity Outlook 2027", offers a comprehensive analysis of the market. It provides market segments by type and shape, as well as end-user industries and regions.
Global M2M Communication Market was valued at USD xx Mn in 2019 and is expected to reach at USD xx Mn in 2027 at a CAGR of xx% over forecast period 2020-2027.
Global M2M Communication Market Overview
Machine-to-Machine (M2M) communication is a form of data communication that involves one or more entities that do not necessarily require human interaction or intervention in the process of communication. M2M communication operate over mobile networks such as GSM-GPRS, CDMA EVDO networks. In the M2M communication, the role of mobile network is largely confined to serve as a transport network. With a potential market of probably 50 million connected devices, M2M offers tremendous opportunities as well as unique challenges. Various applications such as M2M communication reduces the cost and management in unidentified areas to increase productivity are mainly driving the global M2M communication market over forecast period. However, the high initial investment associated with deployment of M2M communication, lack of technology awareness and cyber security concerns are mainly restraining the market growth over forecast period.
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Global M2M Communication Market Major Market Players
• AT & T Inc.
• Cisco Systems, Inc
• Intel Corporation
• Vodafone Group
• Singapore Telecommunications Limited
• ORE Wireless Group, Inc
• Orange SA
• Numerex Corp.
• Ibexis Ltd.
• ELSE SA
• Orbcomm Inc.
• Iridium Communications Inc.
• Quake Global, Inc.
• Stellar Satellite Communications Ltd
• Remote Intelligence Systems LLC.
• Deutsche Telekom AG
• Telenor Group
• Rogers Communications Canada, Inc.
• Singtel Group
• Texas Instruments
• Verizon Communications, Inc.
The Market Impact of COVID-19
The COVID-19 epidemic has quickly spreaded since its inception in Wuhan (China), in December 2019.
All around the globe. As of March 2020, the US and China were the most affected. The COVID-19 crisis has had a significant impact on many countries, resulting in travel bans or lockdowns. Industries. This outbreak has severely affected the global food and beverage industries.
This includes office closures, cancellations of technology events, and supply chain disruptions. China is the world's largest manufacturing country and has the largest number of raw material suppliers. COVID-19 has an adverse effect on overall production because it closes factories and creates supply chain challenges. Market growth.
Segmentation of Global M2M Communication Market by Types and Applications:
Global M2M Communication Market by Technology
Global M2M Communication Market by Component
• Computer Software
Global M2M Communication Market by Application
• Consumer electronics
• Home Automation
The report has covered the market size by country (regions) for the global M2M Communication market. Segment by Application. The M2M Communication Market is divided into the North America Europe, ASIA Pacific, Middle East & Africa. The report also includes market size estimates by region. 2019-2027 Forecasts and market size for each type and segment are included. Sales and revenue are included for the period 2019-2027.
Analysis of the M2M Communication Market Share and Competitive Landscape:
This report provides a detailed analysis of the Global M2M Communication Market for all stakeholders. . It also contains historical and forecasted market size information. Trends are also included in the report. The report is simple and simplifies complicated data using simple language. This report includes information on all aspects of the industry, as well as key players like market leaders, followers and new entrants. The report includes a PORTER, SVOR and a PESTEL analysis. The report also analyzes the potential market impact of microeconomic variables. This report examines both internal and external factors that can have a positive or negative effect on the business. This report will provide a clear view of the industry for decision-makers.
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