Cellular M2M Market Huge Demand, Growth Dynamics, Segments, Industry Size And Business Opportunities
The Cellular M2M Global Market Report 2020-30 by The Business Research Company describes and explains the global cellular M2M market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Cellular M2M Global Market Report 2021 covers cellular M2M market drivers, cellular M2M market trends, cellular M2M market segments, cellular M2M market growth rate, cellular M2M market major players, and cellular M2M market size.
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The cellular M2M market report provides an in-depth analysis of the impact of COVID-19 on the global cellular M2M industry, along with revised market numbers due to the effects of the coronavirus and the expected cellular M2M market growth numbers 2021-2030.
Cellular M2M Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global cellular M2M market is expected to grow from $7.19 billion in 2020 to $8.76 billion in 2021 at a compound annual growth rate (CAGR) of 21.77%. The growth is mainly due increasing adoption of wireless connectivity across industries to improve operational efficiency, quality of products and services, and technologies advancements in connectivity are also enhancing the market growth. The cellular M2M market is expected to reach $23.79 billion in 2025 at a CAGR of 28.37%.
The report covers the cellular M2M market segments-
1) By Services: Connectivity Services, Professional Services, Managed Services
2) By Organization Size: Large Enterprises, Small And Medium Enterprises (SMEs)
3) By Application: Asset Tracking And Monitoring, Predictive Maintenance, Telemedicine, Fleet Management, Warehouse Management, Industrial Automation, Smart Meter, Others
4) By End-User: Healthcare, Energy And Utilities, Transportation And Logistics, Manufacturing, Others
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