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Machine-to-Machine (M2M) Connections Market Share

Report ID: GMI8143
Published Date: Feb 2024
Report Format: PDF

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Machine-to-Machine Connections Market Share

Cisco Systems, Inc. holds a significant share in the Machine-to-Machine (M2M) connections market. Cisco Systems, Inc. offers networking infrastructure and solutions for M2M and IoT deployments, providing connectivity, security, and data management capabilities. Its offerings support seamless communication between devices, ensuring reliability and efficiency in various industries. Cisco's solutions encompass a wide range of technologies including networking hardware, software, and cloud-based services, facilitating scalable and secure M2M deployments.

Major players, such as AT&T Intellectual Property, Cisco Systems, Inc., Deutsche Telekom AG, and Huawei Technologies Co. Ltd, are constantly implementing strategic measures, such as geographical expansion, acquisitions, mergers, collaborations, partnerships, and product or service launches, to gain market shares.

Machine-to-Machine Connections Market Companies

Major players operating in the Machine-to-Machine (M2M) connections industry are:

AT&T Intellectual Property
Cisco Systems, Inc.
CommSolid GmbH
Deutsche Telekom AG
Huawei Technologies Co. Ltd
Intel Corporation
Murata Manufacturing Co. Ltd.
NXP Semiconductors
Sierra Wireless
Texas Instruments Incorporated
Thales Group
T-Mobile USAINC
U-Blox Holding AG
Virscient Limited
Vodafone Group

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

Machine-to-Machine (M2M) connections market was valued at over USD 20 billion in 2023 and is estimated to register over 7% CAGR between 2024 & 2032 owing to advancements in 5G and edge computing.

The power & utilities segment accounted for a market share of over 20% in 2023 and will grow significantly through 2032 as the sector embraces digital transformation and strives to improve operational efficiency, grid reliability, and customer service.

North America Machine-to-Machine (M2M) connections market held a significant revenue share of over 25% in 2023 and will significantly grow through 2032 attributed to the region's robust infrastructure, rapid technological advancements, and wide adoption of IoT solutions across various industries.

AT&T Intellectual Property, Cisco Systems, Inc., CommSolid GmbH, Deutsche Telekom AG, Huawei Technologies Co. Ltd., Intel Corporation, Murata Manufacturing Co. Ltd., NXP Semiconductors, Sierra Wireless, Texas Instruments Incorporated, Thales Group, T-Mobile USAINC, U-Blox Holding AG, Virscient Limited, and Vodafone Group.