About Mobile M2M Module
Machine-to-machine (M2M) communication is becoming a more essential element of mobile traffic, and as a result, it is a hot topic for mobile communication research and telecommunication standardisation organisations. M2M communication is one of the key enablers of the vision inspired by the Internet of Things, since it provides a variety of ubiquitous services (IoT). The vast range, coverage provisioning, high dependability, and lowering prices of future mobile networks have given rise to the concept of mobile M2M communication. Nonetheless, M2M communications pose substantial hurdles to mobile networks, such as the predicted huge number of devices with simultaneous access for transferring small-sized data and a wide range of applications.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Mobile M2M Module market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Gemalto NV (Netherlands), Huawei Technologies Co., Ltd. (China), Novatel Wireless, Inc. (United States), Option NV (Belgium), Quectel Wireless Solutions Co., Ltd. (China), Sierra Wireless, Inc. (Canada), Telit Communications PLC (United Kingdom), U-blox AG (Switzerland), ZTE Corporation (China) and Multi-Tech Systems, Inc (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Connected IO (United States), Digi International (United States), Nordic Semiconductor (Norway) and NimbeLink (United States).
Segmentation Overview
AMA Research has segmented the market of Global Mobile M2M Module market by and Region.
On the basis of geography, the market of Mobile M2M Module has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use, the sub-segment i.e. Fleet Management will boost the Mobile M2M Module market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Connection, the sub-segment i.e. Serial Connection will boost the Mobile M2M Module market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mobile IoT, the sub-segment i.e. LTE-M will boost the Mobile M2M Module market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emergence of Advance Sim Enabled Mobile M2M Modules
Market Growth Drivers:
Increasing IoT Applications Across Different Industry Verticals and High Investment in M2M Module R&D
Challenges:
Fierce Competitive Pressure
Restraints:
Lack of Expertise and Compatibility Concerns
Opportunities:
Increasing Smart Infrastructure Across New Regions
Market Leaders and their expansionary development strategies
In April, 2020, Infineon Technologies AG Acquired Cypress Semiconductor Corporation, The Acquisition of Cypress Adds to Infenion's Portfolio a Distinct Array of Microcontrollers, Networking Components, Software Ecosystems, And High-Performance Memory Serving a Wider Consumer Base.
In June, 2021 - T-Mobile Certified Chinese IoT Module Provider Quectel Wireless’ 5G NR Module. The RM502Q-AE 5G Module Is Designed for Embb and IoT. It Supports 5G NSA And SA Modes, As Well As LTE Cat 20 And Is Based on Qualcomm's SDX55 Commercial 5G Architecture.
Key Target Audience
Mobile M2M Module Manufactures, New Entrants and Investors, Mobile M2M Module Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.