Managed M2M Services Market Report 2025 (Global Edition)

Global Managed M2M Services Market Report 2025 Market Size Split by Type (Cloud Based, On Premises), by Application (Smart homes, Medical and Healthcare, Manufacturing, Automotive and Transportation, ...

Managed M2M Services Market Report Description

We have various report editions of Managed M2M Services Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.

Managed M2M Services Market Insights Video

Competitive Landscape of the M2M Services market

The managed m2m services market is very competitive and diverse. Some dominant corporations will use a combination of partnership, merger, and acquisition strategies to keep their position in the market. They are also expanding their operations and developing various m2m services in different regions. Large, well-established chains with multiple sites often have an advantage in the managed M2M services business due to the quality of their artificial intelligence (AI) technology and the real-time data monitoring tools they give.

M2M Services Industry News

In September 2023: IBM released an updated cloud security and compliance solution set called the IBM Cloud Security and Compliance Center. These solutions are meant to aid businesses in protecting their data across hybrid and multi-cloud infrastructures.

Source-(newsroom.ibm.com/2023-09-06-IBM-Expands-Cloud-Security-and-Compliance-Center-to-Help-Clients-Protect-Data-and-Assess-Risk-Across-Hybrid,-Multicloud-Environments)

December 2022: Aeris, the world's leading provider of Internet of Things solutions, has announced that System Loco, another industry leader, has chosen the Aeris Intelligent IoT Network to provide next-generation connectivity to support and manage the global track and trace of smart pallets used by System Loco's customers around the world.

Source-(www.businesswire.com/news/home/20221207005574/en/Aeris-to-Acquire-IoT-Business-from-Ericsson)

Top Companies Market Share in Managed M2M Services Industry: (In no particular order of Rank)

• Aeris
• AT&T Intellectual Property
• Arkessa
• Deutsche Telekom AG
• Digicel
• KORE Wireless
• Eseye Limited
• Orange Business Services
• ORBCOMM
• Telefónica S.A.
• Verizon
• Vodafone Group
• IBM
• Cisco Systems Inc.
• Accenture
• Huawei Technologies Co. Ltd.
• Rogers Communications
• Gemalto NV
• HCL Technologies Limited
• NTT Communications Corporation
• Ericsson
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Market Regional Analysis of the Managed M2M Services Market

Which Region Dominates the Managed M2M Services Market in 2023?

According to Cognitive Market Research, Asia-Pacific dominated the market in 2023, predicted to show the fastest CAGR of 20.30%. A major element propelling the regional market is rising interest in online products and services and the implementation of IoT and AI in emerging economies such as China and India. The expansion of the industry is also expected to be fueled by government initiatives, such as the creation of "smart cities," the installation of "smart meters," and the implementation of rules that allow for the more widespread use of wireless M2M services are also contributing to the demand for managed m2m services has increased during the forecast period.

Which Region is Expanding at the Fastest CAGR?

The North American region accounted for the fastest share of the market because of the growing popularity of managed M2M services, high levels of IoT device adoption across sectors, a sophisticated IT infrastructure, and a lenient regulatory climate. With increases in digitalization and technological advancement across the entire market and the continuous improvements in m2m services and technical breakthroughs in new AI facilities, a market increase is anticipated in the region.

The current report Scope analyzes Managed M2M Services Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Managed M2M Services Market Analysis

North America Managed M2M Services Market Analysis:

According to Cognitive Market Research, North America ranks second in size. The compound annual growth rate forecast is 18.2% because introducing innovative technologies and telecommunication in the managed M2M services sector has helped propel the industry's expansion. Governments in the North American region have taken steps to promote IoT services, including introducing supportive regulations and policies that encourage expanding businesses related to m2m services. Moreover, in the North American area, on-premises managed M2M services are presumed to have the fastest growth in the coming years because businesses can lessen the chances of data breaches and guarantee conformity to stringent data security and privacy regulations in North America by using on-premises solutions, such as the California Consumer Privacy Act. This market sector is anticipated to develop fastest throughout the forecast period. In conclusion, According to Cognitive Market Research, rapid industrialization and personalization strengthen cyber defenses and shield vital information from hackers, increasing the demand during this region's forecast period.

Europe Managed M2M Services Market Analysis

Europe Managed M2M Services Market Analysis:

According to Cognitive Market Research, in 2023, Europe accounted for a market CAGR of 18.3% because it is the primary driver of the region's growth. Across Europe, municipalities spent millions on technologically advanced projects that improved areas like traffic flow, garbage collection, and security and cut down on administrative expenses. All these factors grow the demand in this region. In addition, medical and healthcare are predicted to expand rapidly in the European market in the following years because healthcare facilities can benefit from M2M services by better managing their medical equipment, supplies, and inventory. In conclusion, the managed M2M services market in the European region with developing countries such as Germany, France, Italy, Spain, Russia, and the Rest of the European countries will witness healthy growth during the forecast period.

Asia Pacific Managed M2M Services Market Analysis

Asia Pacific Managed M2M Services Market Analysis:

According to Cognitive Market Research, Asia Pacific dominated the market in 2023. The market in Asia Pacific is expected to increase at a CAGR of 20.9% over the next several years. This can be attributed to several factors, such as the rise in the Asia-Pacific area due to rising investments in industrial automation, urban infrastructure improvement, sustainable development, and the proliferation of IoT devices and applications. Moreover, in the Asia-Pacific region, the cloud-based category is presumed to witness the most significant growth in the coming years because cloud-based m2m services promote improved collaboration and communication between diverse stakeholders, and its scalability is especially useful for managing to expand m2m deployments or expanding fleets. In conclusion, Asia-Pacific nations, including South Korea, China, Japan, and India, have been at the cutting edge of technology adoption. Managed M2M services are in high demand due to 5G network deployment, especially in forming alliances and coalitions for long-term success in the Asia-Pacific region, which fuels the industry's growth during the forecast period.

South America Managed M2M Services Market Analysis

South America Managed M2M Services Market Analysis:

According to Cognitive Market Research, South America dominated the market in 2023. Managed M2M services sales in Latin America are anticipated to rise gradually, with a CAGR of 20.0% over the coming years. This is because there are significant market players for managed M2M services. The region's general expansion of managed M2M services can be because of the region's stringent rules and standards for IoT facilities. Smart energy solutions were becoming more of a priority in Latin American countries. M2M services were being used to keep tabs on energy use and control power grids, all factors growing demand in managed M2M service facilities in this region. Furthermore, the Latin American market is expected to increase in the following years because businesses in the automotive and transportation industries can boost efficiency, advance safety, and strengthen security, improving overall market automotive and transportation category growth. As a whole, the expanding economies of Latin America, because of the rapid urbanization and the use of online and managed M2M services, is beneficial because it gives more opportunities in this region, which is, in turn, overall healthy growth over the next few years.

Middle East Managed M2M Services Market Analysis

Middle East and Africa Managed M2M Services Market Analysis:

According to Cognitive Market Research, the Middle East and Africa held a market CAGR of approx. of 20.1% due to the increase in the availability of M2M services in various sectors throughout the region. Local and international M2M service providers, technology firms, and governmental agencies have been forming partnerships and collaborations that support the growth of the managed M2M services market in the region. Moreover, the cloud-based managed M2M services category will expand in the coming years because it provides safe and dependable data security solutions, ensuring business continuity and reducing downtime. In conclusion, According to Cognitive Market Research, the increasing access to materials in the area suggests a need for current data and connectivity availability. Managed M2M services facilities in the Middle East and Africa will grow significantly during the forecast period.

Managed M2M Services Market Analysis

Managed M2M Services Market Deployment Segment Analysis

According to Cognitive Market Research, the cloud-based are the most extensively managed M2M services market contributors. With cloud-based m2m services, businesses can easily scale to meet fluctuating data traffic and service demands without investing heavily in new or upgraded equipment. Cloud-based m2m services promote improved collaboration and communication between diverse stakeholders, and their scalability is especially useful for managing to expand m2m deployments or expanding fleets. This increases demand worldwide during the forecast period.

They manage M2M services on-premises and rank as the second most popular segment because security and privacy can be better managed. By implementing security measures adapted to their needs and the regulations they must follow, businesses can lessen the likelihood of hacking incidents and intrusions.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Managed M2M Services Industry. Request a Free Sample PDF!

Managed M2M Services Market Application Segment Analysis

According to Cognitive Market Research, medical and healthcare are the most popular managed m2m services market offerings. Several elements of M2M service technologies, including real-time tracking of medical equipment, automated alerts for potential hazards, and enhanced drug management, contribute to increased patient safety to reduce the likelihood of medical mistakes and improve patient safety. M2M services guarantee the safe and effective administration of healthcare assets. It helps drive up customer demand worldwide during the forecast period.

According to Cognitive Market Research, automotive and transportation are the second-most popular services because of improved vehicle safety and security with features like stolen vehicle tracking. It also allows for real-time reporting and management of vehicle fleets with tools like GPS tracking, route optimization, and fuel usage analysis. The global consumer demand is expected to increase due to the rising facilities during the predicted period.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Vinayak Bali

Senior Research Analyst at Cognitive Market Research

LinkedIn

Profile

Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modeling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.

Author's Conclusion