Cellular M2M Modules Market

Cellular M2M Modules Market is predicted to grow at faster CAGR during the forecast period. M2M devices collect data and information in real-time, helping to make better decisions for organizations and businesses.

Introduction of the Cellular M2M Modules Market Report

Cellular modules are the devices providing Machine to Machine connectivity across different communication networks. All electronic devices, including cars, phones, eBook readers, and vending machines have an incorporated cellular modules in them which helps save money, time, and resources.

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Market Dynamic

Key Drivers and Emerging Trends

The factors driving the global Cellular M2M modules market are to help in better-informed decisions. M2M devices collect data and information in real-time, helping to make better decisions for organizations and businesses. M2M is also helpful in farming for making a decision based on real-time such as to decide what type of crops to plant, where to place crops, and many more-ultimately saving more and more money. Moreover, it allows employees to spend less time in devices, real-time analytics, increased business intelligence, better network performance, and flexible connectivity.

In addition, it also improves customer experience with automated production and services. Retailers can target a specific group of customers with advertisements for fast-selling goods by collecting customer data from the device, significantly increasing operation speed and efficiency.

Restraint in the Cellular M2M Modules Market

However, cellular M2M store various private data of individuals, vehicle information, and remote access to different IT systems. The concern regarding the disclosure of vital information, security and privacy threat can be the restricting factor for the cellular M2M modules market.

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Service – Segment Analysis

Based on the Service, the connectivity segment is expected to grow at the fastest rate in the global Cellular M2M Modules market during the forecast period due to it being secure, reliable, scalable, and offer coverage in remote areas by providing roaming services and SIM with global coverage. It will play an important role in creating end-to-end IoT solutions. For instance, Choice IoT offers IoT & M2M connectivity plans for complete control over IoT deployment. Its M2M plans offer unlimited data for devices to communicate.

Application – Segment Analysis

Based on the Application, asset tracking and monitoring is projected to capture the largest market share over the forecast period in the global Cellular M2M Modules market due to various factors such as theft and loss of valuable assets, insufficient processes, poor operational performance, and reduced labor work. It helps to improve employee safety, drive process automation, and optimize supply chain of a business. M2M enables enterprises to collect real-time data from wireless devices to analyze asset information. For instance, Thales Group provides asset tracking IoT solution for various applications such as cargo containers, cold-chain monitoring, smart city analytics, construction sites, and vehicle condition monitoring.

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Regional – Segment Analysis:

Based on the region, North America region is expected to capture a significant market share in the global Cellular M2M Modules market due to the rising adoption of latest technological advancement such as cloud connectivity, mobile technologies with cellular M2M solutions. The high penetration of 5G in the region which will help in fast and effective communication. According to GSMA, 5G penetration in North America in 2019 is 48% further driving the market for cellular M2M modules.

Top Market Players

Various notable players operating in the market include Choice IoT, Thales Group, AT&T, Orange SA, Ericsson, Kore Wireless, Safecube, Infineon Technologies, Cubic Telecom, Telenor Connexion, among others.

Key Developments:

• • In 2021, Safecube launched an asset tracking solution, LocaTrack. An IoT approach will track and monitor assets with real-time visibility on multimodal flows. The platform is secured with Microsoft’s cloud architecture, Microsoft Azure.
  • In 2020, Kore and Integron introduced a critical asset management solution based on the Sony platform. The solution helps maintain the real-time visibility of critical and exclusive goods across end-use industry verticals such as medical instrumentation, food and beverage, and pharmaceuticals.

Segments covered in the Report:

The global Cellular M2M Modules market has been segmented on the basis of Service, Application, End-User, Organization Size and regions. Based on Service, the market is segmented into Connectivity, Professional, Managed. Based on Application, the market is segmented into Asset Tracking and Monitoring, predictive Maintenance, Telemedicine, Fleet Management. Based on End-User, the market is segmented into Healthcare, Energy & Utilities, Transportation & Logistics, Manufacturing, Others. Based on Organization Size the market is segmented into Large Enterprises, Small and Medium Enterprises.

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Key questions answered in this research report:

• • At what pace is global Cellular M2M Modules market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Cellular M2M Modules market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Cellular M2M Modules market?
  • Which service generated maximum revenues in 2020 and identify the most promising service during the forecast period?
  • What is the various application area of global Cellular M2M Modules market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Cellular M2M Modules Market by Service

• • Connectivity
  • Professional
  • Managed

Global Cellular M2M Modules Market by Application

• • Asset Tracking and Monitoring
  • predictive Maintenance
  • Telemedicine
  • Fleet Management

Global Cellular M2M Modules Market by End-User

• • Healthcare
  • Energy & Utilities
  • Transportation & Logistics
  • Manufacturing
  • Others

Global Cellular M2M Modules Market by Organization Size

• • Large Enterprises
  • Small and Medium Enterprises

Global Cellular M2M Modules Market by Region

• • North America Cellular M2M Modules Market (Option 1: As a part of the free 25% customization)
    • North America Cellular M2M Modules Market by Service
    • North America Cellular M2M Modules Market by Application
    • North America Cellular M2M Modules Market by End-User
    • North America Cellular M2M Modules Market by Organization Size
    • US Cellular M2M Modules Market All-Up
    • Canada Cellular M2M Modules Market All-Up
  • Europe Cellular M2M Modules Market (Option 2: As a part of the free 25% customization)
    • Europe Cellular M2M Modules Market by Service
    • Europe Cellular M2M Modules Market by Application
    • Europe Cellular M2M Modules Market by End-User
    • Europe Cellular M2M Modules Market by Organization Size
    • UK Cellular M2M Modules Market All-Up
    • Germany Cellular M2M Modules Market All-Up
    • France Cellular M2M Modules Market All-Up
    • Spain Cellular M2M Modules Market All-Up
    • Rest of Europe Cellular M2M Modules Market All-Up
  • Asia-Pacific Cellular M2M Modules Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Cellular M2M Modules Market by Service
    • Asia-Pacific Cellular M2M Modules Market by Application
    • Asia-Pacific Cellular M2M Modules Market by End-User
    • Asia-Pacific Cellular M2M Modules Market by Organization Size
    • China Cellular M2M Modules Market All-Up
    • India Cellular M2M Modules Market All-Up
    • Japan Cellular M2M Modules Market All-Up
    • Rest of APAC Cellular M2M Modules Market All-Up
  • RoW Cellular M2M Modules Market (Option 4: As a part of the free 25% customization)
    • RoW Cellular M2M Modules Market by Service
    • RoW Cellular M2M Modules Market by Application
    • RoW Cellular M2M Modules Market by End-User
    • RoW Cellular M2M Modules Market by Organization Size
    • Brazil Cellular M2M Modules Market All-Up
    • South Africa Cellular M2M Modules Market All-Up
    • Saudi Arabia Cellular M2M Modules Market All-Up
    • UAE Cellular M2M Modules Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Cellular M2M Modules Market All-Up

Major Players Operating in the Cellular M2M Modules (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Choice IoT
  • Thales Group
  • AT&T
  • Orange SA
  • Ericsson
  • Kore Wireless
  • Safecube
  • Infineon Technologies
  • Cubic Telecom
  • Telenor Connexion