The Global Machine to Machine (M2M) Services Market is expected to grow by $ 131.33 bn during 2020-2024 progressing at a CAGR of 31% during the forecast period
NEW YORK, Dec. 14, 2020 /PRNewswire/ --
Machine to Machine (M2M) Services Market 2020-2024
The analyst has been monitoring the machine to machine (M2M) services market and it is poised to grow by $ 131.33 bn during 2020-2024 progressing at a CAGR of 31% during the forecast period. Our report on machine to machine (M2M) services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
Read the full report: https://www.reportlinker.com/p05996002/?utm_source=PRN
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven rising demand for improved M2M data communication and adoption of M2M in supply chain management. In addition, rising demand for improved M2M data communication is anticipated to boost the growth of the market as well.
The machine to machine (M2M) services market analysis includes the technology segment, end-user segment and geographical landscapes.
The machine to machine (M2M) services market is segmented as below:
By Technology
• Cellular
• Satellite
By End-user
• Consumer electronics
• Healthcare
• Automotive
• Energy and utility
• Other end-users
By Geographical Landscapes
• North America
• Europe
• APAC
• South America
• MEA
This study identifies the growing demand for connectivity as one of the prime reasons driving the machine to machine (M2M) services market growth during the next few years.
The analyst 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. Our report on the machine to machine (M2M) services market covers the following areas:
• Machine to machine (M2M) services market sizing
• Machine to machine (M2M) services market forecast
• Machine to machine (M2M) services market industry analysis
Read the full report: https://www.reportlinker.com/p05996002/?utm_source=PRN
About Reportlinker
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