Machine-to-Machine (M2M) Connections Market Research and Forecast Report 2023-2028

1. Global Machine-to-Machine (M2M) Connections Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Machine-to-Machine (M2M) Connections Market Research Report: The latest report by IMARC, titled “Machine-to-Machine (M2M) Connections Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” the global machine-to-machine (M2M) connections market size reached US$ 20.3 Billion in 2022. Machine-to-machine (M2M) is a technology that allows a network of devices to share and exchange information and perform tasks without the manual assistance of humans. It employs sensors, radio frequency identification (RFID), Wi-Fi, and cellular communication links to capture data fed through networks and provide critical input to various machines. It operates over data endpoint (DEP), communication networks, and data integration point (DIP), which mainly schedules data transfers. M2M helps reduce costs by minimizing equipment maintenance and downtime, increases revenue by providing new business opportunities for servicing products, and improves customer service by monitoring and servicing equipment before it fails or needs maintenance. As a result, it is widely adopted across the healthcare, utilities, and banking, financial services, and insurance (BFSI) sectors. Request Free Sample Report: https://www.imarcgroup.com/machine-to-machine-connections- market/requestsample

4. Report Description and Highlights Report Description Global Machine-to-Machine (M2M) Connections Market Trends: The increasing proliferation of wireless devices, such as smartphones, tablets, laptops, and smart speakers, and the easy access to high-speed internet through cellular networks or short-range networks like Wi-Fi are primarily driving the global M2M connections market growth. Besides this, increasing automation across various industrial verticals and the escalating demand for effective predictive maintenance systems for real-time collection of data and continuous analysis of equipment conditions are presenting remunerative growth opportunities for the market. Moreover, the increasing demand for smart grids due to the rising development of smart cities, rapid urbanization, inflating disposable income of individuals, and surging demand for smart homes and connected devices, is creating a positive outlook for the market expansion. In addition to this, M2M connections are extensively used across the healthcare sector in various medical devices to diagnose and treat different health conditions, which is favoring the market growth. This is further influenced by the growing prevalence of numerous chronic diseases, significant improvements in the healthcare infrastructure, and rising demand for remote patient monitoring. Furthermore, the large-scale product adoption across the utility sector for harvesting energy (oil and gas), analyzing worksite conditions (like pressure, temperature, and equipment status), and automatically billing customers’ electricity or water usage is aiding in market expansion. Looking forward, the market value is projected to reach US$ 26.6 Billion by 2028, expanding at a CAGR of 5.1% during 2023-2028. Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

5. Report Description and Highlights Report Description Market Summary: Connection Type Insights: • Wired • Wireless Technology Insights: • Serial Connection • Power Line Connection • Cellular • Wi-Fi • Bluetooth • Others End Use Industry Insights: • Automotive • Healthcare • Consumer Electronics • Transportation • Utilities

6. Report Description and Highlights Report Description • Retail • Others Regional Insights: • North America • United States • Canada • Asia-Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others • Europe • Germany • France • United Kingdom • Italy

7. Report Description and Highlights Report Description • Spain • Russia • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa

8. Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • • AT&T Inc. Cisco Systems Inc. Deutsche Telekom AG Huawei Technologies Co. Ltd. Intel Corporation Murata Manufacturing Co. Ltd. NXP Semiconductors N.V. Telefonica S.A. Texas Instruments Incorporated U-Blox Holding AG Verizon Communication Inc. Vodafone Group Plc View Full Report with TOC & List of Figure: https://www.imarcgroup.com/machine-to-machine- connections-market

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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