The Cellular M2M Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The Cellular M2M market has seen notable expansion in recent years. It is projected to elevate from a market size of $17.51 billion in 2024 to $21.54 billion in 2025, demonstrating a Compound Annual Growth Rate (CAGR) of 23.0%.
The projected market size for the Cellular M2M Global Market Report 2025 in 2029 is $53.03 billion, with a compound annual growth rate (CAGR) of 25.3%.
Download Your Free Sample of the 2025 Cellular M2M Market Report and Uncover Key Trends Now!The key drivers in the cellular m2m market are:
• Increase in healthcare applications and infrastructure
• Surge in government investments towards research and development
• Rising necessity for smart agriculture techniques
• Enhanced adoption of 5G technology
The cellular m2m market covered in this report is segmented –
1) By Services: Connectivity Services, Professional Services, Managed Services
2) By Organization Size: Large Enterprises, Small And Medium Enterprises (SMEs)
3) By Application: Asset Tracking And Monitoring, Predictive Maintenance, Telemedicine, Fleet Management, Warehouse Management, Industrial Automation, Smart Meter, Other Applications
4) By End-User: Healthcare, Energy And Utilities, Transportation And Logistics, Manufacturing, Other End-Users
The key trends in the flavored yogurt market are:
• IoT expansion is an emerging trend in the cellular M2M market.
• There is an increasing focus on edge computing.
• Industrial automation is becoming a significant trend in the market.
• Strategic partnerships and innovative product launches are shaping the future of the market.
Major companies in the cellular m2m market are:
• Deutsche Telekom AG
• AT&T Inc.
• Verizon Communications Inc.
• China Mobile Limited
• Telefonica S.A.
• Aeris Communications India Pvt. Ltd.
• China Telecom Corporation Limited
• Arm Holdings plc
• Infineon Technologies AG
• Kore Wireless
• Orange S.A.
• SK Telecom Co. Ltd.
• Vodafone Group PLC
• Sierra Wireless
• Telit Communications
• Sigfox SA
• Qualcomm Inc.
• ORBCOMM Inc.
• Astrocast SA
• Nokia Corporation
• Huawei Technologies Co. Ltd.
• Cisco Systems Inc.
• Digi International Inc.
• Novatel Wireless Inc.
• Numerex Corp.
• Cubic Telecom
• Telenor Connexion AB
• Thales Group
North America was the largest region in the cellular M2M market in 2024