Global Connected Home M2M Industry

Global Connected Home M2M Industry

  • July 2020 •
  • 150 pages •
  • Report ID: 5899274 •
  • Format: PDF
Global Connected Home M2M Market to Reach $17.7 Billion by 2027

Amid the COVID-19 crisis, the global market for Connected Home M2M estimated at US$7.6 Billion in the year 2020, is projected to reach a revised size of US$17.7 Billion by 2027, growing at aCAGR of 12.8% over the period 2020-2027. Wireless Technology, one of the segments analyzed in the report, is projected to record 14.7% CAGR and reach US$12.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Wired Technology segment is readjusted to a revised 8.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $2.3 Billion, While China is Forecast to Grow at 12.2% CAGR

The Connected Home M2M market in the U.S. is estimated at US$2.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.1 Billion by the year 2027 trailing a CAGR of 12.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.6% and 10.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9% CAGR.We bring years of research experience to this 5th edition of our report. The 150-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,
  • Afero, Inc.
  • AT&T, Inc.
  • Cisco Systems, Inc.
  • Commsolid GmbH
  • Fanstel Corp.
  • Gemalto NV
  • Huawei Technologies Co., Ltd.
  • Intel Corporation
  • Murata Manufacturing Co., Ltd.
  • NXP Semiconductors NV
  • Revogi Innovation Co., Ltd.
  • Texas Instruments, Inc.
  • u-blox Holding AG
  • Virscient Limited
  • Vodafone Group PLC