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AT and T Inc.
Deutsche Telekom AG
Fibocom Wireless Inc.
Huawei Technologies Co. Ltd.
InnoComm Mobile Technology Corp
Novotech Technologies Inc.
Quectel Wireless Solutions Co. Ltd.
Sierra Wireless Inc.
Sunsea AIoT Technology Co. Ltd.
Telit
Thales Group
u blox AG
Verizon Communications Inc.
Vodafone Group Plc
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KSA
Cellular M2M Module Market 2024-2028
The cellular M2M module market is forecasted to grow by USD 3357.1 mn during 2023-2028, accelerating at a CAGR of 10.22% during the forecast period. The report on the cellular M2M module market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by use of M2M technology for remote patient monitoring, increasing demand for connected devices in retail sector, and advancements in cellular network technologies.
Market Scope
Base Year 2024
End Year 2028
Series Year 2024-2028
Growth Momentum Accelerate
YOY 2024 9.36%
CAGR 10.22%
Incremental Value $3357.1 mn
Technavio's cellular M2M module market is segmented as below:
By Application
Smart utilities
Home appliances and consumer electronics
Manufacturing
Others
By Technology
By Geographical Landscape
North America
Europe
APAC
South America
Middle East and Africa
This study identifies the growing number of smart cities as one of the prime reasons driving the cellular M2M module market growth during the next few years. Also, rise of 4G technology and growth of LTE-M in cellular M2M module will lead to sizable demand in the market.
The report on the cellular M2M module market covers the following areas:
Cellular M2M Module Market sizing
Cellular M2M Module Market forecast
Cellular M2M Module Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cellular M2M module market vendors that include Aeris Communications Inc., AT and T Inc., Deutsche Telekom AG, Fibocom Wireless Inc., Huawei Technologies Co. Ltd., Infineon Technologies AG, InnoComm Mobile Technology Corp, KORE Group Holdings Inc., Lagercrantz Group AB, Multi Tech Systems Inc., Novotech Technologies Inc., Orange SA, Quectel Wireless Solutions Co. Ltd., Sierra Wireless Inc., Sunsea AIoT Technology Co. Ltd., Telit, Thales Group, u blox AG, Verizon Communications Inc., and Vodafone Group PLC. Also, the cellular M2M module market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Market Segmentation by Technology
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Cellular M2M Module Market 2018 - 2022
Historic Market Size - Data Table on Global Cellular M2M Module Market 2018 - 2022 ($ million)
4.2 Application segment analysis 2018 - 2022
Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.3 Technology segment analysis 2018 - 2022
Historic Market Size - Technology Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
6.1 Market segments
Chart on Application - Market share 2023-2028 (%)
Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
6.3 Smart utilities - Market size and forecast 2023-2028
Chart on Smart utilities - Market size and forecast 2023-2028 ($ million)
Data Table on Smart utilities - Market size and forecast 2023-2028 ($ million)
Chart on Smart utilities - Year-over-year growth 2023-2028 (%)
Data Table on Smart utilities - Year-over-year growth 2023-2028 (%)
6.4 Home appliances and consumer electronics - Market size and forecast 2023-2028
Chart on Home appliances and consumer electronics - Market size and forecast 2023-2028 ($ million)
Data Table on Home appliances and consumer electronics - Market size and forecast 2023-2028 ($ million)
Chart on Home appliances and consumer electronics - Year-over-year growth 2023-2028 (%)
Data Table on Home appliances and consumer electronics - Year-over-year growth 2023-2028 (%)
6.5 Manufacturing - Market size and forecast 2023-2028
Chart on Manufacturing - Market size and forecast 2023-2028 ($ million)
Data Table on Manufacturing - Market size and forecast 2023-2028 ($ million)
Chart on Manufacturing - Year-over-year growth 2023-2028 (%)
Data Table on Manufacturing - Year-over-year growth 2023-2028 (%)
6.6 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ million)
Data Table on Others - Market size and forecast 2023-2028 ($ million)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
7 Market Segmentation by Technology
7.1 Market segments
Chart on Technology - Market share 2023-2028 (%)
Data Table on Technology - Market share 2023-2028 (%)
7.2 Comparison by Technology
Chart on Comparison by Technology
Data Table on Comparison by Technology
4G - Market size and forecast 2023-2028
Chart on 4G - Market size and forecast 2023-2028 ($ million)
Data Table on 4G - Market size and forecast 2023-2028 ($ million)
Chart on 4G - Year-over-year growth 2023-2028 (%)
Data Table on 4G - Year-over-year growth 2023-2028 (%)
3G - Market size and forecast 2023-2028
Chart on 3G - Market size and forecast 2023-2028 ($ million)
Data Table on 3G - Market size and forecast 2023-2028 ($ million)
Chart on 3G - Year-over-year growth 2023-2028 (%)
Data Table on 3G - Year-over-year growth 2023-2028 (%)
2G - Market size and forecast 2023-2028
Chart on 2G - Market size and forecast 2023-2028 ($ million)
Data Table on 2G - Market size and forecast 2023-2028 ($ million)
Chart on 2G - Year-over-year growth 2023-2028 (%)
Data Table on 2G - Year-over-year growth 2023-2028 (%)
7.6 CDMA - Market size and forecast 2023-2028
Chart on CDMA - Market size and forecast 2023-2028 ($ million)
Data Table on CDMA - Market size and forecast 2023-2028 ($ million)
Chart on CDMA - Year-over-year growth 2023-2028 (%)
Data Table on CDMA - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Technology
Market opportunity by Technology ($ million)
Data Table on Market opportunity by Technology ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ million)
Data Table on South America - Market size and forecast 2023-2028 ($ million)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ million)
Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.10 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
9.11 Japan - Market size and forecast 2023-2028
Chart on Japan - Market size and forecast 2023-2028 ($ million)
Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Chart on Japan - Year-over-year growth 2023-2028 (%)
Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.12 France - Market size and forecast 2023-2028
Chart on France - Market size and forecast 2023-2028 ($ million)
Data Table on France - Market size and forecast 2023-2028 ($ million)
Chart on France - Year-over-year growth 2023-2028 (%)
Data Table on France - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Opportunity/Restraints
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints
11 Competitive Landscape
11.1 Overview
11.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
Overview on factors of disruption
11.4 Industry risks
Impact of key risks on business
12 Competitive Analysis
12.1 Companies profiled
12.2 Market positioning of companies
Matrix on companies position and classification
12.3 Aeris Communications Inc.
Aeris Communications Inc. - Overview
Aeris Communications Inc. - Product / Service
Aeris Communications Inc. - Key offerings
12.4 AT and T Inc.
AT and T Inc. - Overview
AT and T Inc. - Business segments
AT and T Inc. - Key news
AT and T Inc. - Key offerings
AT and T Inc. - Segment focus
12.5 Deutsche Telekom AG
Deutsche Telekom AG - Overview
Deutsche Telekom AG - Business segments
Deutsche Telekom AG - Key offerings
Deutsche Telekom AG - Segment focus
12.6 Fibocom Wireless Inc.
Fibocom Wireless Inc. - Overview
Fibocom Wireless Inc. - Product / Service
Fibocom Wireless Inc. - Key offerings
12.7 Huawei Technologies Co. Ltd.
Huawei Technologies Co. Ltd. - Overview
Huawei Technologies Co. Ltd. - Product / Service
Huawei Technologies Co. Ltd. - Key news
Huawei Technologies Co. Ltd. - Key offerings
12.8 InnoComm Mobile Technology Corp
InnoComm Mobile Technology Corp - Overview
InnoComm Mobile Technology Corp - Product / Service
InnoComm Mobile Technology Corp - Key offerings
12.9 Novotech Technologies Inc.
Novotech Technologies Inc. - Overview
Novotech Technologies Inc. - Product / Service
Novotech Technologies Inc. - Key offerings
12.10 Quectel Wireless Solutions Co. Ltd.
Quectel Wireless Solutions Co. Ltd. - Overview
Quectel Wireless Solutions Co. Ltd. - Product / Service
Quectel Wireless Solutions Co. Ltd. - Key offerings
12.11 Sierra Wireless Inc.
Sierra Wireless Inc. - Overview
Sierra Wireless Inc. - Business segments
Sierra Wireless Inc. - Key offerings
Sierra Wireless Inc. - Segment focus
12.12 Sunsea AIoT Technology Co. Ltd.
Sunsea AIoT Technology Co. Ltd. - Overview
Sunsea AIoT Technology Co. Ltd. - Product / Service
Sunsea AIoT Technology Co. Ltd. - Key offerings
12.13 Telit
Telit - Overview
Telit - Product / Service
Telit - Key offerings
12.14 Thales Group
Thales Group - Overview
Thales Group - Business segments
Thales Group - Key news
Thales Group - Key offerings
Thales Group - Segment focus
12.15 u blox AG
u blox AG - Overview
u blox AG - Business segments
u blox AG - Key offerings
u blox AG - Segment focus
12.16 Verizon Communications Inc.
Verizon Communications Inc. - Overview
Verizon Communications Inc. - Business segments
Verizon Communications Inc. - Key news
Verizon Communications Inc. - Key offerings
Verizon Communications Inc. - Segment focus
12.17 Vodafone Group Plc
Vodafone Group Plc - Overview
Vodafone Group Plc - Business segments
Vodafone Group Plc - Key news
Vodafone Group Plc - Key offerings
Vodafone Group Plc - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
13.3 Currency conversion rates for US$
Currency conversion rates for US$
13.4 Research methodology
13.5 Data procurement
13.6 Data validation
13.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
13.8 Data synthesis
13.9 360 degree market analysis
360 degree market analysis
13.10 List of abbreviations