The North America Cellular M2M Market would witness market growth of 20.1% CAGR during the forecast period (2022-2028).
Technological advancements along with digitalization in many countries are estimated to increase the demand for cellular M2M solutions in key verticals such as healthcare and utilities in order to eliminate human interaction. The rapidly rising adoption of various cutting-edge technologies all over the world is a major reason that would propel the adoption of M2M solutions. Businesses can leverage these solutions in order to reduce the requirement of labor. On the other hand, the utilization of M2M approach can also significantly lower the risk of human errors in various operations across numerous industries. Therefore, with the increasing adoption of modern technologies all over the world, the demand for M2M solutions is constantly increasing in various major verticals.
Additionally, cellular M2M networks are developing to become compatible enough to be implemented within fully autonomous networks like wireless sensor node systems, which is projected to provide several growth prospects for the cellular M2M market in the future. In maintaining M2M device connections, connectivity is one of the most crucial aspects. Wireless communication is becoming more broadly utilized in a wide variety of businesses. M2M has unlocked a broad range of connectivity alternatives for enterprises with devices spread across several sites.
The increasing growth of the transportation and logistics industry across the region is one of the major factors that is propelling the growth of the cellular M2M market in North America. In the United States, the transportation and logistics industry is fiercely competitive. Multinational corporations can better facilitate the transportation of goods all over the largest consumer market of the world by investing in this industry. This industry benefits from a highly skilled workforce and low expenses for both international and domestic enterprises. According to the SelectUSA, in 2018, business logistics costs in the United States exceeded $1.6 trillion, which is 8% of GDP overall GDP of the nation. In addition, in 2018, the industry received $1.5 billion in foreign direct investment. Due to this factor, the cellular M2M market players would witness significant growth prospects in the transportation and logistics industry.
The US market dominated the North America Cellular M2M Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $10,504.2 million by 2028. The Canada market is poised to grow at a CAGR of 22.8% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 21.7% during (2022 - 2028).
Based on Organization Size, the market is segmented Large Enterprises and Small & Medium Enterprises (SMEs). Based on Services Type, the market is segmented into Connectivity Services, Professional Services, and Managed Services. Based on Application, the market is segmented into Asset Tracking & Monitoring, Predictive Maintenance, Telemedicine, Warehouse Management, Industrial Automation, Fleet Management, Smart Meter, and Others. Based on End User, the market is segmented into Manufacturing, Healthcare, Energy & Utilities, Transportation & Logistics, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Cellular M2M Market is Estimated to reach $38 Billion by 2028, at a CAGR of 6.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AT&T, Inc., Verizon Communications, Inc., Vodafone Group Plc, Orange S.A., Telefonica S.A., Deutsche Telekom AG, Ericsson AB, Giesecke & Devrient GmbH, Thales Group S.A., and Infineon Technologies AG.
Scope of the Study
Market Segments Covered in the Report:
By Organization Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
By Services Type
- Connectivity Services
- Professional Services
- Managed Services
By Application
- Asset Tracking & Monitoring
- Predictive Maintenance
- Telemedicine
- Warehouse Management
- Industrial Automation
- Fleet Management
- Smart Meter
- Others
By End User
- Manufacturing
- Healthcare
- Energy & Utilities
- Transportation & Logistics
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- AT&T, Inc.
- Verizon Communications, Inc.
- Vodafone Group Plc
- Orange S.A.
- Telefonica S.A.
- Deutsche Telekom AG
- Ericsson AB
- Giesecke & Devrient GmbH
- Thales Group S.A.
- Infineon Technologies AG
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Cellular M2M Market, by Organization Size
1.4.2 North America Cellular M2M Market, by Services Type
1.4.3 North America Cellular M2M Market, by Application
1.4.4 North America Cellular M2M Market, by End User
1.4.5 North America Cellular M2M Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.1 Market Share Analysis, 2020
3.2 Top Winning Strategies
3.2.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.2.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2017, Jun – 2022, Mar) Leading Players
Chapter 4. North America Cellular M2M Market by Organization Size
4.1 North America Large Enterprises Market by Country
4.2 North America Small & Medium Enterprises (SMEs) Market by Country
Chapter 5. North America Cellular M2M Market by Services Type
5.1 North America Connectivity Services Market by Country
5.2 North America Professional Services Market by Country
5.3 North America Managed Services Market by Country
Chapter 6. North America Cellular M2M Market by Application
6.1 North America Asset Tracking & Monitoring Market by Country
6.2 North America Predictive Maintenance Market by Country
6.3 North America Telemedicine Market by Country
6.4 North America Warehouse Management Market by Country
6.5 North America Industrial Automation Market by Country
6.6 North America Fleet Management Market by Country
6.7 North America Smart Meter Market by Country
6.8 North America Others Market by Country
Chapter 7. North America Cellular M2M Market by End User
7.1 North America Manufacturing Market by Country
7.2 North America Healthcare Market by Country
7.3 North America Energy & Utilities Market by Country
7.4 North America Transportation & Logistics Market by Country
7.5 North America Others Market by Country
Chapter 8. North America Cellular M2M Market by Country
8.1 US Cellular M2M Market
8.1.1 US Cellular M2M Market by Organization Size
8.1.2 US Cellular M2M Market by Services Type
8.1.3 US Cellular M2M Market by Application
8.1.4 US Cellular M2M Market by End User
8.2 Canada Cellular M2M Market
8.2.1 Canada Cellular M2M Market by Organization Size
8.2.2 Canada Cellular M2M Market by Services Type
8.2.3 Canada Cellular M2M Market by Application
8.2.4 Canada Cellular M2M Market by End User
8.3 Mexico Cellular M2M Market
8.3.1 Mexico Cellular M2M Market by Organization Size
8.3.2 Mexico Cellular M2M Market by Services Type
8.3.3 Mexico Cellular M2M Market by Application
8.3.4 Mexico Cellular M2M Market by End User
8.4 Rest of North America Cellular M2M Market
8.4.1 Rest of North America Cellular M2M Market by Organization Size
8.4.2 Rest of North America Cellular M2M Market by Services Type
8.4.3 Rest of North America Cellular M2M Market by Application
8.4.4 Rest of North America Cellular M2M Market by End User
Chapter 9. Company Profiles
9.1 AT&T, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.2 Verizon Communications, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental Analysis
9.2.4 Recent strategies and developments:
9.2.4.1 Partnerships, Collaborations, and Agreements:
9.2.4.2 Product Launches and Product Expansions:
9.3 Orange S.A. (Orange Business Services)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental Analysis
9.3.4 Recent strategies and developments:
9.3.4.1 Partnerships, Collaborations, and Agreements:
9.3.5 SWOT Analysis
9.4 Telefonica S.A.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.5 Vodafone Group Plc
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional & Segmental Analysis
9.5.4 Recent strategies and developments:
9.5.4.1 Partnerships, Collaborations, and Agreements:
9.6 Deutsche Telekom AG
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.7 Giesecke & Devrient GmbH
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Acquisition and Mergers:
9.8 Ericsson AB
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.5.2 Product Launches and Product Expansions:
9.9 Infineon Technologies AG
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.6 SWOT Analysis
9.10. Thales Group S.A.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research and Development Expense
9.10.5 Recent strategies and developments:
9.10.5.1 Product Launches and Product Expansions:
TABLE 1 North America Cellular M2M Market, 2018 - 2021, USD Million
TABLE 2 North America Cellular M2M Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Cellular M2M Market
TABLE 4 Product Launches And Product Expansions– Cellular M2M Market
TABLE 5 Acquisition and Mergers– Cellular M2M Market
TABLE 6 North America Cellular M2M Market by Organization Size, 2018 - 2021, USD Million
TABLE 7 North America Cellular M2M Market by Organization Size, 2022 - 2028, USD Million
TABLE 8 North America Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 9 North America Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 10 North America Small & Medium Enterprises (SMEs) Market by Country, 2018 - 2021, USD Million
TABLE 11 North America Small & Medium Enterprises (SMEs) Market by Country, 2022 - 2028, USD Million
TABLE 12 North America Cellular M2M Market by Services Type, 2018 - 2021, USD Million
TABLE 13 North America Cellular M2M Market by Services Type, 2022 - 2028, USD Million
TABLE 14 North America Connectivity Services Market by Country, 2018 - 2021, USD Million
TABLE 15 North America Connectivity Services Market by Country, 2022 - 2028, USD Million
TABLE 16 North America Professional Services Market by Country, 2018 - 2021, USD Million
TABLE 17 North America Professional Services Market by Country, 2022 - 2028, USD Million
TABLE 18 North America Managed Services Market by Country, 2018 - 2021, USD Million
TABLE 19 North America Managed Services Market by Country, 2022 - 2028, USD Million
TABLE 20 North America Cellular M2M Market by Application, 2018 - 2021, USD Million
TABLE 21 North America Cellular M2M Market by Application, 2022 - 2028, USD Million
TABLE 22 North America Asset Tracking & Monitoring Market by Country, 2018 - 2021, USD Million
TABLE 23 North America Asset Tracking & Monitoring Market by Country, 2022 - 2028, USD Million
TABLE 24 North America Predictive Maintenance Market by Country, 2018 - 2021, USD Million
TABLE 25 North America Predictive Maintenance Market by Country, 2022 - 2028, USD Million
TABLE 26 North America Telemedicine Market by Country, 2018 - 2021, USD Million
TABLE 27 North America Telemedicine Market by Country, 2022 - 2028, USD Million
TABLE 28 North America Warehouse Management Market by Country, 2018 - 2021, USD Million
TABLE 29 North America Warehouse Management Market by Country, 2022 - 2028, USD Million
TABLE 30 North America Industrial Automation Market by Country, 2018 - 2021, USD Million
TABLE 31 North America Industrial Automation Market by Country, 2022 - 2028, USD Million
TABLE 32 North America Fleet Management Market by Country, 2018 - 2021, USD Million
TABLE 33 North America Fleet Management Market by Country, 2022 - 2028, USD Million
TABLE 34 North America Smart Meter Market by Country, 2018 - 2021, USD Million
TABLE 35 North America Smart Meter Market by Country, 2022 - 2028, USD Million
TABLE 36 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 37 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 38 North America Cellular M2M Market by End User, 2018 - 2021, USD Million
TABLE 39 North America Cellular M2M Market by End User, 2022 - 2028, USD Million
TABLE 40 North America Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 41 North America Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 42 North America Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 43 North America Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 44 North America Energy & Utilities Market by Country, 2018 - 2021, USD Million
TABLE 45 North America Energy & Utilities Market by Country, 2022 - 2028, USD Million
TABLE 46 North America Transportation & Logistics Market by Country, 2018 - 2021, USD Million
TABLE 47 North America Transportation & Logistics Market by Country, 2022 - 2028, USD Million
TABLE 48 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 49 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 50 North America Cellular M2M Market by Country, 2018 - 2021, USD Million
TABLE 51 North America Cellular M2M Market by Country, 2022 - 2028, USD Million
TABLE 52 US Cellular M2M Market, 2018 - 2021, USD Million
TABLE 53 US Cellular M2M Market, 2022 - 2028, USD Million
TABLE 54 US Cellular M2M Market by Organization Size, 2018 - 2021, USD Million
TABLE 55 US Cellular M2M Market by Organization Size, 2022 - 2028, USD Million
TABLE 56 US Cellular M2M Market by Services Type, 2018 - 2021, USD Million
TABLE 57 US Cellular M2M Market by Services Type, 2022 - 2028, USD Million
TABLE 58 US Cellular M2M Market by Application, 2018 - 2021, USD Million
TABLE 59 US Cellular M2M Market by Application, 2022 - 2028, USD Million
TABLE 60 US Cellular M2M Market by End User, 2018 - 2021, USD Million
TABLE 61 US Cellular M2M Market by End User, 2022 - 2028, USD Million
TABLE 62 Canada Cellular M2M Market, 2018 - 2021, USD Million
TABLE 63 Canada Cellular M2M Market, 2022 - 2028, USD Million
TABLE 64 Canada Cellular M2M Market by Organization Size, 2018 - 2021, USD Million
TABLE 65 Canada Cellular M2M Market by Organization Size, 2022 - 2028, USD Million
TABLE 66 Canada Cellular M2M Market by Services Type, 2018 - 2021, USD Million
TABLE 67 Canada Cellular M2M Market by Services Type, 2022 - 2028, USD Million
TABLE 68 Canada Cellular M2M Market by Application, 2018 - 2021, USD Million
TABLE 69 Canada Cellular M2M Market by Application, 2022 - 2028, USD Million
TABLE 70 Canada Cellular M2M Market by End User, 2018 - 2021, USD Million
TABLE 71 Canada Cellular M2M Market by End User, 2022 - 2028, USD Million
TABLE 72 Mexico Cellular M2M Market, 2018 - 2021, USD Million
TABLE 73 Mexico Cellular M2M Market, 2022 - 2028, USD Million
TABLE 74 Mexico Cellular M2M Market by Organization Size, 2018 - 2021, USD Million
TABLE 75 Mexico Cellular M2M Market by Organization Size, 2022 - 2028, USD Million
TABLE 76 Mexico Cellular M2M Market by Services Type, 2018 - 2021, USD Million
TABLE 77 Mexico Cellular M2M Market by Services Type, 2022 - 2028, USD Million
TABLE 78 Mexico Cellular M2M Market by Application, 2018 - 2021, USD Million
TABLE 79 Mexico Cellular M2M Market by Application, 2022 - 2028, USD Million
TABLE 80 Mexico Cellular M2M Market by End User, 2018 - 2021, USD Million
TABLE 81 Mexico Cellular M2M Market by End User, 2022 - 2028, USD Million
TABLE 82 Rest of North America Cellular M2M Market, 2018 - 2021, USD Million
TABLE 83 Rest of North America Cellular M2M Market, 2022 - 2028, USD Million
TABLE 84 Rest of North America Cellular M2M Market by Organization Size, 2018 - 2021, USD Million
TABLE 85 Rest of North America Cellular M2M Market by Organization Size, 2022 - 2028, USD Million
TABLE 86 Rest of North America Cellular M2M Market by Services Type, 2018 - 2021, USD Million
TABLE 87 Rest of North America Cellular M2M Market by Services Type, 2022 - 2028, USD Million
TABLE 88 Rest of North America Cellular M2M Market by Application, 2018 - 2021, USD Million
TABLE 89 Rest of North America Cellular M2M Market by Application, 2022 - 2028, USD Million
TABLE 90 Rest of North America Cellular M2M Market by End User, 2018 - 2021, USD Million
TABLE 91 Rest of North America Cellular M2M Market by End User, 2022 - 2028, USD Million
TABLE 92 Key Information – AT&T, Inc.
TABLE 93 key information – Verizon Communications, Inc.
TABLE 94 Key Information – Orange S.A.
TABLE 95 key information – Telefonica S.A.
TABLE 96 Key information – Vodafone Group Plc
TABLE 97 Key Information – Deutsche Telekom AG
TABLE 98 Key Information – Giesecke & Devrient GmbH
TABLE 99 key information – Ericsson AB
TABLE 100 Key Information – Infineon Technologies AG
TABLE 101 key information – Thales Group S.A.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2020
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Jun – 2022, Mar) Leading Players
FIG 6 Recent strategies and developments: Verizon Communications, Inc.
FIG 7 SWOT Analysis: Orange S.A.
FIG 8 Recent strategies and developments: Ericsson AB
FIG 9 Swot analysis: INFINEON TECHNOLOGIES AG