M2M 접속 시장 예측(-2030년) : 제품, 유형, 최종 사용자 및 지역별 세계 분석

According to Stratistics MRC, the Global Machine-to-machine (M2M) Connections Market is accounted for $21.85 billion in 2023 and is expected to reach $34.18 billion by 2030 growing at a CAGR of 6.6% during the forecast period. Machine-to-machine (M2M) connections refer to direct communication between devices without human intervention, enabling data exchange and automation across various industries. These connections involve sensors, actuators, and other devices communicating with each other over wired or wireless networks, facilitating tasks like monitoring, control, and optimization. M2M technology enables efficient management of resources, enhances decision-making processes, and improves overall productivity.

According to Cisco Systems, by the end of 2023, there were approximately 14.7 billion M2M connections globally. The forecasted compound annual growth rate of connections from 2018 to 2023 is 19%. According to Speedtest, as of April 2023, Qatar had the fastest average mobile internet connections globally, nearly 190 Mbps.

Market Dynamics:

Driver:

Internet of things (IoT) adoption

The adoption of the Internet of Things (IoT) is largely propelled by the machine-to-machine (M2M) connection market due to increasing need for automation and efficiency across industries fuelling demand for M2M connections, enabling seamless communication between devices and systems. The proliferation of sensors and smart devices generates vast amounts of data, driving the need for M2M connections to enable data collection, analysis, and decision-making. Moreover, the ability of M2M connections to enhance operational visibility, streamline processes, and enable predictive maintenance fosters adoption across various sectors, such as manufacturing, healthcare, and transportation.

Restraint:

Complexity of deployment

The complexity of deployment restraint arises primarily due to the intricate network infrastructure requiring for seamless communication between devices. Implementing M2M connections involves integrating various hardware and software components across diverse environments, leading to interoperability challenges. Additionally, ensuring data security and privacy amidst a vast array of connected devices adds another layer of complexity. Regulatory compliance, fragmented standards, and the need for continuous monitoring further contribute to deployment challenges. Ultimately, navigating these complexities demands robust planning, expertise, and investment to realize the full potential of M2M technology.

Opportunity:

Smart cities

Smart cities present a significant opportunity for the machine-to-machine (M2M) connection market. M2M technology facilitates seamless communication between devices, enabling efficient data exchange and automation. In smart cities, this translates into enhanced urban infrastructure management, such as intelligent transportation systems, energy grids, and waste management. By connecting various sensors, meters, and devices, M2M enables real-time monitoring and optimization of resources, leading to cost savings, improved service delivery, and sustainability. Furthermore, M2M connections enable predictive maintenance, enhancing the overall resilience and reliability of urban systems.

Threat:

Security breaches

Security breaches pose a significant threat due to the interconnected nature of devices. M2M connections facilitate seamless communication between machines, but this also opens avenues for cyberattacks. Hackers can exploit vulnerabilities in the network to gain unauthorized access, manipulate data, or disrupt operations. With the proliferation of IoT devices, ensuring robust security measures becomes paramount to safeguarding sensitive information and maintaining system integrity. Failure to address these threats can lead to financial losses, reputational damage, and even compromised critical infrastructure.

Covid-19 Impact:

With disruptions in supply chains and an economic slowdown, the deployment of M2M devices faced delays. However, the increased need for remote monitoring and automation in various sectors, such as healthcare, manufacturing, and logistics, boosted the demand for M2M connections. This demand surge was particularly notable in industries striving for efficiency and safety amidst social distancing measures. Additionally, the pandemic accelerated digital transformation initiatives, driving the adoption of M2M technologies to enable remote operations and data-driven decision-making. While COVID-19 initially posed challenges, it ultimately fuelled growth in the M2M Connections market as businesses sought resilient and adaptive solutions.

The wireless beacons segment is expected to be the largest during the forecast period

The growth of wireless beacons in the machine-to-machine (M2M) connection market can be attributed to several factors. Wireless beacons offer a cost-effective and efficient solution for transmitting data between devices, making them ideal for various M2M applications such as asset tracking, industrial automation, and smart infrastructure. Advancements in beacon technology, such as increased battery life and enhanced communication range, have made them more reliable and versatile for M2M deployments. Additionally, the rising adoption of Internet of Things (IoT) devices across industries has fueled the demand for M2M connections, further driving the growth of wireless beacons.

The security & surveillance segment is expected to have the highest CAGR during the forecast period

The security and surveillance segment is experiencing robust growth due to rising concerns regarding security threats and the need for constant surveillance across various sectors, such as commercial, residential, and public spaces. Advancements in technology have led to the development of more sophisticated and efficient security and surveillance systems that rely heavily on M2M connections for real-time data monitoring and analysis. The integration of IoT devices and sensors into security infrastructure is further fueling the growth of this segment.

Region with largest share:

North America has experienced significant growth in the machine-to-machine (M2M) connection market due to several key factors. The region boasts advanced technological infrastructure and widespread adoption of IoT devices across various industries, driving the demand for M2M connections. The increasing emphasis on automation, efficiency, and data-driven decision-making has propelled the expansion of M2M networks in sectors such as manufacturing, healthcare, and transportation. Additionally, favorable government regulations and initiatives promoting smart city development and industrial automation have further accelerated market growth. The rise of 5G technology has facilitated faster and more reliable M2M communication, fostering the deployment of connected devices.

Region with highest CAGR:

The Asia-Pacific region has witnessed robust growth in the machine-to-machine (M2M) connection market due to rapid urbanization, increasing adoption of IoT devices across various industries like manufacturing, healthcare, and transportation, and supportive government initiatives promoting smart city projects. Moreover, the region's burgeoning population and rising disposable incomes have accelerated the deployment of connected devices, creating fertile ground for M2M technology. Additionally, advancements in telecommunications infrastructure and the proliferation of 5G networks have further propelled the expansion of M2M connections, enabling faster and more reliable data transmission.

Key players in the market

Some of the key players in Machine-to-machine (M2M) Connections market include AT&T Intellectual Property, China Mobile Communications Corporation, Cisco Systems, Inc., CommSolid GmbH, Deutsche Telekom AG, Gemalto N.V, Huawei Technologies Co. Ltd, Intel Corporation, Murata Manufacturing Co. Ltd., NTT Data, NXP Semiconductors, Sierra Wireless, Telefonica S.A., Telenor Group, Telit Communications, Texas Instruments Incorporated, Thales Group, T-Mobile USAINC, U-Blox Holding AG and Vodafone Group.

Key Developments:

In May 2024, HCL Technologies Ltd. and Cisco Systems Inc. have launched Pervasive Wireless Mobility as-a-Service, which aims at providing secure and seamless enterprise-wide connectivity. The service combines HCLTech's managed network services expertise with Cisco's Ultra-Reliable Wireless Backhaul technology to create a network infrastructure for improved connectivity.

In February 2024, Telenor announced that it is collaborating with NVIDIA to bring AI across the Nordic region, transform internal operational efficiencies and the communications network, and create new AI opportunities and partnerships with startups, enterprises, and government entities. With this collaboration, Telenor plans to become a sovereign AI cloud partner of NVIDIA, enabling generative AI across Nordic markets at the national level.

Products Covered:

• Routers
• Wireless Beacons
• Mobile Point of Sale Devices
• Lot & M2M Modems

Types Covered:

• Wireless Connection
• Wired Connection

End Users Covered:

• Manufacturing
• Power & Utilities
• Consumer Electronics
• Automotive & Transportation
• Retail
• Healthcare
• Security & Surveillance
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Machine-to-machine (M2M) Connections Market, By Product

• 5.1 Introduction
• 5.2 Routers
• 5.3 Wireless beacons
• 5.4 Mobile point of sale devices
• 5.5 loT & M2M Modems

6 Global Machine-to-machine (M2M) Connections Market, By Type

• 6.1 Introduction
• 6.2 Wireless connection
  • 6.2.1 Wi-Fi
  • 6.2.2 Near field communication (NFC)
  • 6.2.3 Bluetooth & zigbee
  • 6.2.4 Long-range wireless connection
    • 6.2.4.1 Cellular network
    • 6.2.4.2 Non-cellular network
    • 6.2.4.2.1 LoRa
    • 6.2.4.2.2 Sigfox
• 6.3 Wired connection
  • 6.3.1 Modbus
  • 6.3.2 Foundation fieldbus
  • 6.3.3 Profinet
  • 6.3.4 Ethernet

7 Global Machine-to-machine (M2M) Connections Market, By End User

• 7.1 Introduction
• 7.2 Manufacturing
• 7.3 Power & utilities
  • 7.3.1 Smart Meters
  • 7.3.2 Smart Grids
• 7.4 Consumer electronics
  • 7.4.1 Smart Appliances
  • 7.4.2 Smart TV
• 7.5 Automotive & transportation
  • 7.5.1 Fleet Tracking/Monitoring
  • 7.5.2 Telematics
• 7.6 Retail
  • 7.6.1 Contactless Checkout/Pos
  • 7.6.2 Digital Signage
  • 7.6.3 Intelligent Vending Machines
• 7.7 Healthcare
  • 7.7.1 Fall Detector
  • 7.7.2 Telemedicine
  • 7.7.3 Smart Pill Dispenser
  • 7.7.4 Patient Monitoring Systems
• 7.8 Security & Surveillance
  • 7.8.1 Remote Surveillance
  • 7.8.2 Commercial & Residential Security
• 7.9 Other End Users

8 Global Machine-to-machine (M2M) Connections Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 AT&T Intellectual Property
• 10.2 China Mobile Communications Corporation
• 10.3 Cisco Systems, Inc.
• 10.4 CommSolid GmbH
• 10.5 Deutsche Telekom AG
• 10.6 Gemalto N.V
• 10.7 Huawei Technologies Co. Ltd
• 10.8 Intel Corporation
• 10.9 Murata Manufacturing Co. Ltd.
• 10.10 NTT Data
• 10.11 NXP Semiconductors
• 10.12 Sierra Wireless
• 10.13 Telefonica S.A.
• 10.14 Telenor Group
• 10.15 Telit Communications
• 10.16 Texas Instruments Incorporated
• 10.17 Thales Group
• 10.18 T-Mobile USAINC
• 10.19 U-Blox Holding AG
• 10.20 Vodafone Group