M2M/IoT Communications Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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M2M/IoT Communications Market: By Component (Wi-Fi, Sensors, RFID, Computer Software, Others) Technology (Wired, Wireless) Application (Wearable Devices, Healthcare, Automotive and Transportation, Building Automation, Industrial, Consumer Electronics, Precision Farming) and Geography

 

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Report

Description

M2M/IoT Communications Market Size is expected to be valued at USD 22.1 billion in 2022 and grow at a CAGR of 4.9% over the forecast period by 2028. There are few drivers which include, it enables communication of smart devices without any human intervention, large protection, data collection and data processing is possible. There are few restrain which hamper the growth such as lack of awareness, use of cloud computing in M2M means dependence on others which could limit flexibility and innovation, security and ownership of data is a big concern, interoperability between cloud/M2M IoT devices is a big concern in such networks. Various government policies and initiative by government such as ‘Digital India’ provide multiple opportunity towards the global M2M/IoT communication market. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global M2M/IoT communication market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global M2M/IoT communication market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global M2M/IoT communication market

M2M/IoT Communications Market

MARKET SUMMARY
-
4.9%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 4.9%
  • Largest Market– North America
  • Fastest Growing Market– Europe

M2M/IoT Communications Market

  • Global M2M/IoT communication market report gives comprehensive outlook on M2M/IoT communication market across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report on global M2M/IoT communication market gives historical, current, and future market sizes on the basis of components, technology, application and region.
Company Profiles
  • Softbank
  • NTT Docomo
  • KDDI
  • SK Telecom
  • T-Mobile Netherlands
  • Telstra
M2M/IoT Communications Market Drivers

It is noticed that the global M2M/IoT communication market has a significant market growth rate on perspective of 5G Networking. 5G is the fifth generation of cellular networks, bringing new capabilities that will create opportunities for people, businesses and society. 5G will do much more than significantly improve your network connection. Smarter electricity grids for greatly reduced carbon emissions, more connected vehicles sharing data to prevent road collisions, faster deployment of emergency services to accidents. Transforming industries: Production lines autonomously reacting to supply and demand, digital replicas that can warn about real machinery faults ahead of time. Logistic networks autonomously routing goods based on real-world conditions which boost the global market.


North America Got Significant Share

M2M/IoT Communications Market

North America contributed major revenue followed by Europe and Asia Pacific. In 2021, North America region accounted huge growth rate and is anticipated to grow with a forecast year. On the perspective of high-speed networks that allow quick access, review and exploitation of stored data transactions to help consumers enhance their business activities. Europe hold the second largest with the help of economic production as well as infrastructural growth. Asia Pacific dominate with increased use of smartphones and automated technologies such in China and India helping in the development of global M2M/IoT communication market

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
M2M/IoT Communications Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The M2M/IoT communication market is projected to expand at a 4.9% CAGR during the forecast period

Softbank, NTT Docomo, KDDI, SK Telecom, T-Mobile Netherlands, Telstra, Singtel, Vodafone, Plintron, Deutsche Telekom (DT), Tata Communications, Unlimit, China Mobile International, China Unicom (Hong Kong) Limited, China Telecom, A1 Telekom Austria, Aeris

North America is the fastest-growing region for M2M/IoT communication market


Report

Table Of Content

1. Executive Summary
2. Global M2M/IoT Communications Market Introduction
2.1. Global M2M/IoT Communications Market – Taxonomy
2.2. Global M2M/IoT Communications Market –Definitions
2.2.1. Component
2.2.2. Technology
2.2.3. Application
3. Global M2M/IoT Communications Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global M2M/IoT Communications Market Dynamic Factors – Impact Analysis
3.6. Global M2M/IoT Communications Market – Competition Landscape
4. Global M2M/IoT Communications Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global M2M/IoT Communications Market, By Component, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1. Wi-Fi
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Sensors
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. RFID
5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Computer
5.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Software
5.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
5.6. Others
5.6.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.6.3. Market Opportunity Analysis
6. Global M2M/IoT Communications Market Forecast, By Technology, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1. Wired
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Wireless
6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
7. Global M2M/IoT Communications Market Forecast, By Application, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1. Wearable Devices
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Healthcare
7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Automotive and Transportation
7.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Building Automation
7.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Industrial
7.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Consumer Electronics
7.6.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.6.3. Market Opportunity Analysis
7.7. Precision Farming
7.7.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.7.3. Market Opportunity Analysis
8. Global M2M/IoT Communications Market Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1. North America
8.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global M2M/IoT Communications Market – Opportunity Analysis Index, By Component, Technology, Application, End User and Region, 2022 – 2028
9. North America M2M/IoT Communications Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.1. Component Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Wi-Fi
9.1.2. Sensors
9.1.3. RFID
9.1.4. Computer Software
9.1.5. Others
9.2. Technology Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Wired
9.2.2. Wireless
9.3. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.3.1. Wearable Devices
9.3.2. Healthcare
9.3.3. Automotive and Transportation
9.3.4. Building Automation
9.3.5. Industrial
9.3.6. Consumer Electronics
9.3.7. Precision Farming
9.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. USA
9.4.2. Canada
9.5. North America M2M/IoT Communications Market – Opportunity Analysis Index, By Component, Technology, Application, End User and Country, 2022 – 2028
9.6. North America M2M/IoT Communications Market Dynamics – Trends
10. Europe M2M/IoT Communications Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.1. Component Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Wi-Fi
10.1.2. Sensors
10.1.3. RFID
10.1.4. Computer Software
10.1.5. Others
10.2. Technology Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Wired
10.2.2. Wireless
10.3. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Wearable Devices
10.3.2. Healthcare
10.3.3. Automotive and Transportation
10.3.4. Building Automation
10.3.5. Industrial
10.3.6. Consumer Electronics
10.3.7. Precision Farming
10.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Poland
10.4.8. Rest of Europe
10.5. Europe M2M/IoT Communications Market – Opportunity Analysis Index, By Component, Technology, Application, End User and Country, 2022 – 2028
10.6. Europe M2M/IoT Communications Market Dynamics – Trends
11. Asia-Pacific M2M/IoT Communications Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
11.1. Component Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Wi-Fi
11.1.2. Sensors
11.1.3. RFID
11.1.4. Computer Software
11.1.5. Others
11.2. Technology Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Wired
11.2.2. Wireless
11.3. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Wearable Devices
11.3.2. Healthcare
11.3.3. Automotive and Transportation
11.3.4. Building Automation
11.3.5. Industrial
11.3.6. Consumer Electronics
11.3.7. Precision Farming
11.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. Japan
11.4.2. China
11.4.3. India
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific M2M/IoT Communications Market – Opportunity Analysis Index, By Component, Technology, Application, End User and Country, 2022 – 2028
11.6. Asia-Pacific M2M/IoT Communications Market Dynamics – Trends
12. Latin America M2M/IoT Communications Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
12.1. Component Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Wi-Fi
12.1.2. Sensors
12.1.3. RFID
12.1.4. Computer Software
12.1.5. Others
12.2. Technology Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Wired
12.2.2. Wireless
12.3. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Wearable Devices
12.3.2. Healthcare
12.3.3. Automotive and Transportation
12.3.4. Building Automation
12.3.5. Industrial
12.3.6. Consumer Electronics
12.3.7. Precision Farming
12.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Argentina
12.4.4. Rest of Latin America
12.5. Latin America M2M/IoT Communications Market – Opportunity Analysis Index, By Component, Technology, Application, End User and Country, 2022 – 2028
12.6. Latin America M2M/IoT Communications Market Dynamics – Trends
13. Middle East and Africa M2M/IoT Communications Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
13.1. Component Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Wi-Fi
13.1.2. Sensors
13.1.3. RFID
13.1.4. Computer Software
13.1.5. Others
13.2. Technology Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Wired
13.2.2. Wireless
13.3. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Wearable Devices
13.3.2. Healthcare
13.3.3. Automotive and Transportation
13.3.4. Building Automation
13.3.5. Industrial
13.3.6. Consumer Electronics
13.3.7. Precision Farming
13.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. Israel
13.4.3. South Africa
13.4.4. Rest of MEA
13.5. MEA M2M/IoT Communications Market – Opportunity Analysis Index, By Component, Technology, Application, End User and Country, 2022 – 2028
13.6. MEA M2M/IoT Communications Market Dynamics – Trends
14. Competition Landscape 
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Component & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. Softbank
14.2.2. NTT Docomo
14.2.3. KDDI
14.2.4. SK Telecom
14.2.5. T-Mobile Netherlands
14.2.6. Telstra
14.2.7. Singtel
14.2.8. Vodafone
14.2.9. Plintron
14.2.10. Deutsche Telekom (DT)
14.2.11. Tata Communications
14.2.12. Unlimit
14.2.13. China Mobile International
14.2.14. China Unicom (Hong Kong) Limited
14.2.15. China Telecom
14.2.16. A1 Telekom Austria
14.2.17. Aeris
15. Research Methodology
 16. Key Assumptions and Acronyms

Report

Company Profile

  • Softbank
  • NTT Docomo
  • KDDI
  • SK Telecom
  • T-Mobile Netherlands
  • Telstra
  • Singtel
  • Vodafone
  • Plintron
  • Deutsche Telekom (DT)
  • Tata Communications
  • Unlimit
  • China Mobile International
  • China Unicom (Hong Kong) Limited
  • China Telecom
  • A1 Telekom Austria
  • Aeris

Description

M2M/IoT Communications Market Size is expected to be valued at USD 22.1 billion in 2022 and grow at a CAGR of 4.9% over the forecast period by 2028. There are few drivers which include, it enables communication of smart devices without any human intervention, large protection, data collection and data processing is possible. There are few restrain which hamper the growth such as lack of awareness, use of cloud computing in M2M means dependence on others which could limit flexibility and innovation, security and ownership of data is a big concern, interoperability between cloud/M2M IoT devices is a big concern in such networks. Various government policies and initiative by government such as ‘Digital India’ provide multiple opportunity towards the global M2M/IoT communication market. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global M2M/IoT communication market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global M2M/IoT communication market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global M2M/IoT communication market

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