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This report analyses the overriding trends and changes taking place in the cellular M2M market around the globe.

It explores the driving forces behind the market’s growth and transformation, including a review of major market developments.

It provides volume and value forecasts up to 2025 for five distinct regions comprising 29 countries overall.
It also presents the quantitative evolution of cellular modules.

Forecasts up to 2025 by region and by country:

  • Revenues for connectivity segments
  • Installed base of M2M subscribers

Data and key figures:

  • The overall M2M (Machine-to-Machine) module base is estimated at 2.1 billion units in circulation in 2020 worldwide, generating a connectivity market estimated at € 10 billion. By far the main market by volume is China. In value, it is the United States, which generates much.