New York, According to a new market research report published by Global Insight Services “Cellular M2M Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Cellular M2M is a short-range wireless communications technology that enables two-way communication between devices. It is based on the same technology as mobile phones and other cellular devices, but is designed specifically for M2M applications.
Cellular M2M devices are typically small, rugged and battery-powered, making them well-suited for use in remote or difficult-to-reach locations. They typically have a long range up to 10 kilometers and can operate in both urban and rural areas.
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Key Trends
There are three key trends in Cellular M2M technology:
1. The rise of 4G LTE networks: 4G LTE networks are becoming increasingly widespread, and this is having a major impact on M2M applications. LTE offers higher speeds and greater capacity than previous generations of cellular networks, making it ideal for M2M applications that require high data rates. In addition, LTE networks are much more energy-efficient than older networks, which is important for battery-powered M2M devices.
2. The increasing adoption of M2M applications: The increasing adoption of M2M applications is another key trend. M2M applications are being used in a wide range of industries, from automotive and transportation to healthcare and manufacturing. This is being driven by the increasing availability of M2M-enabled devices and the falling cost of M2M connectivity.
3. The development of new M2M technologies: Finally, new M2M technologies are being developed that offer improved performance and capabilities. For example, NB-IoT is a new cellular technology that is specifically designed for M2M applications. It offers a number of advantages over traditional cellular technologies, including lower power consumption, higher data rates, and better coverage.
Key Drivers
The key drivers of the cellular M2M market are the increasing demand for connected devices, the need for higher data speeds, and the declining cost of cellular connectivity.
The cost of cellular connectivity is also declining. This decline is expected to continue, making cellular connectivity more affordable for M2M applications.
Market Segments
The cellular M2M market report is bifurcated on the basis of function, application, end user, and region. On the basis of function, it is segmented into connectivity services, professional services, and managed services. Based on application, it is analyzed across telemedicine, fleet management, smart meter, and others. By end user, it is categorized into healthcare, energy & utilities, manufacturing, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Key Player
The cellular M2M market report includes players such as AT&T, Verizon, T-Mobile, Vodafone, Telefonica, Ericsson, Arm Holdings, KPN, Orange S.A., and Deutsche Telekom AG.
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Reasons to buy Cellular M2M Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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