Machine-to-machine (M2M) communications is the exchange of information between networked devices without human assistance.It uses sensors for transmitting data over a common network and uses computing software for interpreting data and making decisions.The global M2M communication market report by Market Research Future (MRFR) focuses on advances in industrial automation and improved protocols in wireless communication for predicting growth and revenue margins for the period of 2016 to 2022 (forecast period).The COVID-19 outbreak and its effects on the industry are outlined in the report.Market ScopeAs per Market Research Future (MRFR) the global Machine-to-Machine (M2M) Connections market is expected to grow at USD 27.05 Billion by 2023, at 9.9 % of CAGR between 2017 and 2023.The use of remote monitoring of industrial processes and seamless transfer of data between devices is expected to drive market demand.The increasing focus on improving productivity and efficiency and accumulation of data for driving machining can fare well for the global M2M communication market.Adoption of short-range wireless technologies can influence the market.Competitive OutlookDeutsche Telekom AG, Sierra Wireless, China Mobile Ltd., Telenor Group, Intel, Sprint Corporation, Texas Instruments, Aeris Communication Inc., Verizon Communications, Inc., Telefónica, S.A., Numerex Corp., Cisco Systems Inc., Orange S.A., AT, Inc., Singtel Group, Vodafone Group plc., KORE Wireless Group, and Rogers Communications Canada, Inc. are key providers in the global M2M communication market.Get Free Sample
[email protected] https://www.marketresearchfuture.com/sample_request/3818SegmentationBy technology, it is segmented into wired, wireless, and hybrid.