Machine-to-machine (M2M) gateways market share, trends by 2031 – Companies

  • Machine-to-Machine (M2M) is a broad term that refers to any technology that enables networked devices to share data and perform operations without human intervention. Machine learning (ML) and artificial intelligence (AI) facilitate communication between systems and enable them to make autonomous decisions.
  • M2M gateway technology was first used in industrial and manufacturing environments where other technologies such as supervisory control and data acquisition (SCADA) and remote monitoring enabled control and management remote device data.
  • M2M has since been used in other industries such as business, insurance, and healthcare. M2M is also the underlying technology of the Internet of Things (IoT).
  • M2M gateways are isolated, independent and networked devices. M2M gateways use point-to-point communication between machines, sensors, and hardware over cellular or wired networks.
  • M2M gateways connect one or more LAN devices with a wired or wireless broadband connection. The local network can be wireless or wired. The M2M gateway hosts multiple network and application stacks that run in virtual machines on one or more processor cores.
  • The increased implementation of M2M technology should not destroy the original advantages in terms of cost and energy efficiency. Energy-efficient and cost-effective nodes are the most important drivers. A gateway can help scale and bridge energy-efficient wireless networks and conventional network infrastructures.
  • This is the era of networked intelligence. In 2021, the world is likely to be more connected, with wireless networks connecting more machines than people, and machine-to-machine technology is expected to help people become more energy efficient and secure.

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Global Machine-to-Machine (M2M) Gateway Market: Dynamics

Global Machine-to-Machine (M2M) Gateways Market: Key Drivers

  • The major growth drivers of the market are increasing usage of internet in emerging countries and favorable regulatory requirements, which are driving the machine-to-machine (M2M) gateways market.
  • The growth of M2M connections in several enterprises and increasing adoption of new connectivity technologies such as Bluetooth Smart/BLE and 4G/LTE is further accelerating the growth of the machine-to-machine (M2M) gateway market.
  • The machine-to-machine gateway market is expected to grow over the forecast period owing to the large adoption rate of wireless technologies. The increasing implementation of short-range wireless connectivity technologies such as Bluetooth, Wi-Fi and ZigBee for many applications such as infotainment systems in cars, wireless beacons, patient monitors and devices smart stimulates the market.
  • The automotive, transportation, and utility industries hold a major share of the global machine-to-machine (M2M) gateway market, which is expected to propel the market.
  • However, the high cost of deploying and implementing M2M technology is expected to limit the global machine-to-machine (M2M) gateway market.

machine-to-machine (m2m) gateways market dynamics

Impact of COVID-19 on the Global Machine-to-Machine (M2M) Gateways Market

  • COVID-19 is having a huge impact on small, medium and large businesses and various industries such as automotive, textile, manufacturing, hospitality, travel and transportation due to nationwide shutdowns in the whole world.
  • Automotive, transportation, healthcare and other sectors have implemented the new technologies during this pandemic, and therefore, the demand for M2M technologies in these sectors is expected to increase during COVID-19, which will lead to growth significant impact of the global machine-to-machine (M2M) gateway market.
  • Therefore, COVID-19 is positively impacting the global Machine-to-Machine Gateways Market.

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North America to Hold Major Share of Global Machine-to-Machine (M2M) Gateway Market

  • The global machine-to-machine (M2M) market can be divided into North America, Europe, Asia-Pacific, Middle East & Africa and South America.
  • North America is expected to hold the largest market share in terms of revenue and is expected to grow at the highest CAGR during the forecast period, i.e., 2021-2031. North America is a leading industrial center as well as an important emerging market for several other sectors.
  • The Asia-Pacific region is expected to experience growth in the machine-to-machine (M2M) gateway market over the forecast period owing to government support, improved connectivity and its importance to market leaders and companies. ‘industry.
  • Rising internet penetration in commercial and residential spaces, large consumer base, increasing disposable incomes and improved IT infrastructure are some of the key factors driving the growth of the market of M2M connectivity in APAC.

Machine-to-Machine Gateway Market Region Analysis (m2m)

Global Machine-to-Machine (M2M) Gateways Market: Competition Landscape

  • Various key players such as Nokia, Vodafone Group Plc, Wipro, and Zoho are active in the machine-to-machine (M2M) market
  • M2M applications have great potential to transform businesses; they challenge organizations to be as innovative as the mobile internet. Given the diversity of M2M applications, certain areas are likely to be more efficient and come out ahead.
  • Nokia has worked with Bangalore-based developer Divum to create an app that runs on the Nokia N8 and allows consumers to control mini car models via Wi-Fi and motion detection. Divan Labs has successfully developed and implemented the M2M interface to control complex machines such as cars with built-in functions. Divum has developed a prototype unmanned vehicle that can be used for security applications in difficult terrain.
  • Chennai-based online software product company Zoho has developed an M2M product called “ATM Site Manager”.

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Key players operating in the global Machine-to-Machine (M2M) Gateways Market include:

  • Telefonica
  • Vodafone Group PLC
  • AT&T Inc.
  • Texas Instruments Incorporated
  • Huawei Technologies Co., Ltd.
  • intel company
  • Orange S.A.
  • NXP Semiconductors AG
  • China Mobile Ltd.
  • Cisco Systems Inc.
  • nokia
  • Sprint Corporation
  • Verizon Communications Inc.
  • Telit Communications
  • Wipro Limited

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