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Advancement in Connectivity Technology Expected to Enhance the Growth of the Global Cellular M2M Market during the Projected Period, 2020-2027 - Exclusive Report [134 pages] by Research DiveGlobal cellular M2M market is expected to experience a positive growth. The most lucrative sub-segments include connectivity, asset tracking and monitoring segment, and transportation and logistics. Asia-Pacific is expected to lead the market. NEW YORK, June 23, 2021 /PRNewswire/ -- Research Dive has recently published a report titled "Cellular M2M Market by Services, Application, End-User, Organization Size, and Regional Analysis: Global Opportunity Analysis and Industry Forecast, 2020–2027" The global cellular M2M market is expected to garner a revenue of $45,398.9 million at a CAGR of 20.5% during the forecast period. Regional Analysis: Asia Pacific Cellular M2M Market The Asia-Pacific market for cellular M2M technologies accounted $3,538.3 million in 2019 and is expected to generate a revenue of $15,744.3 million by 2027. As per research conducted by GSMA (Global System for Mobile Communications), an industry organization that represents the interests of mobile network operators worldwide, Asia Pacific region is on path to become a prominent 5G region worldwide by the end of 2025. Highlights of the Cellular M2M Market Report
Get Discount: 10% OFF on Cellular M2M Market Market Dynamics Increasing demand and adoption of high-speed internet and connectivity technologies, such as 4G and 5G by various industries, is one of the major factor behind the growth of the market.In addition, the governments of the developing countries are taking various initiatives to promote the distributions and implementations of cellular M2M solutions. However, rising data traffic in various businesses is one of the major restraining factor behind the growth of the market. Cellular M2M solutions are used for managing monitoring equipment, livestock and crops, keeping track of tractors and harvesters, and assessing the environmental impact of production, which is expected to create many opportunities for the market during the forecast period. Top 10 Key Players of the Cellular M2M Market: The most significant players of the global cellular M2M market include
The report also summarizes many important aspects including financial performance of the key players, SWOT analysis, product portfolio, and latest strategic developments. Inquire and Get Quick Access to Top Companies Development Strategies Summary Report [80 pages] COVID-19 Impact Analysis of the Cellular M2M Market: The coronavirus pandemic has impacted the cellular M2M market in a negative way. This is because of the lockdown imposed across nations in order to curb the spread of the virus and its effect on the global economy. This resulted in the decreasing amount of the investment on the cellular M2M platforms. However, with many initiatives and strategies taken by the active players, the market is now back on the growth chart. Get Access to comprehensive analysis of the Impact of COVID-19 on Cellular M2M Market More about Cellular M2M: What are the Five Fascinating Applications of Cellular M2M? Top Trending Reports:
About Research Dive Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge. Contact: Logo : https://mma.prnewswire.com/media/997523/Research_Dive_Logo.jpg |