M2M Cellular Modules Market Statistics, Trends, Size, Share, and Key Players by 2031

Historic Data: 2021-2023 | Base Year: 2024 | Forecast Period: 2025-2031

Coverage: M2M Cellular Modules Market covers analysis By Services (Professional Services and Managed Services) and End User (Transportation & Logistics, Manufacturing, Healthcare, Utilities, and Others) and Geography (North America, Europe, Asia Pacific, and South and Central America)

Report Date : Sep 2025
Report Code : TIPTE100000456

Category : Technology, Media and Telecommunications
Status : Upcoming

Available Report Formats :
No. of Pages : 150

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The M2M Cellular Modules Market is expected to register a CAGR of 20.5% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The report is divided into three sections: Services (Professional Services and Managed Services), End User (Transportation & Logistics, Manufacturing, Healthcare, Utilities, Others), and Industry (BFSI, IT and Telecom, Government and Public Sector, Manufacturing, Retail, Travel and Transportation, Others). The worldwide study is further subdivided into main nations and regions.

Purpose of the Report

The report M2M Cellular Modules Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

M2M Cellular Modules Market Segmentation

Services

Professional Services and Managed Services

End User

Transportation & Logistics
Manufacturing
Healthcare
Utilities
Others

Industry

BFSI
IT and Telecom
Government and Public Sector
Manufacturing
Retail
Travel and Transportation
Others

Geography

North America
Europe
Asia-Pacific
South and Central America
Middle East and Africa

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M2M Cellular Modules Market: Strategic Insights

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M2M Cellular Modules Market Growth Drivers

IoT Adoption: The increasing number of IoT devices in varied industries requires an enhanced amount of cellular connectivity in the process of monitoring, management as well as control from a distance, and data transmission.
Smart City Initiatives: Smart city initiatives described as connected devices and infrastructure are creating an unprecedented demand for M2M modules.
Industrial Automation: M2M modules are accepted by an industrial IoT application, allowing various kinds of work such as machines remote monitoring, predictive analysis of the maintenance dates, efficient use, etc.
Cellular Advancements: Cellular technologies, such as 5G, will offer greater speeds, lower latency, and more capacity and happen to be much more suited for M2M.
Cost of Decline: The price of the M2M module and services are declined resulting in an affordability of the number of industries and applications

M2M Cellular Modules Market Future Trends

5G Roll-out: Widespread roll-outs of massive 5G networks, faster data speeds, ultra-low latency, and augmented capacity will unlock new use cases and applications in M2M modules.
M2M Module Integration with IoT Platform: While M2M module integration with the IoT platform will take a back seat, end-to-end aggregation, data analysis, and visualization solutions will be provided.
Edge Computing: Edge computing will enable data processing and analysis closer to the source thereby reducing latency and improving responsiveness in M2M applications.
Security and Privacy: Connected devices are adding to a lot, which results in a growing concern for securing the security and privacy of information transported by M2M modules.

M2M Cellular Modules Market Opportunities

Growing IoT Applications: The adoption of IoT is happening in various industries-health, agriculture, logistics, and smart homes bringing millions of applications to the market.
Integrated Emerging Technologies: This integration with emerging technologies, artificial intelligence, machine learning, and augmented reality will present a few new and innovative solutions with further market growth.
Global Reach: The high-speed connectivity and economies of scale of digitalization enable solution providers and M2M module manufacturers to offer their business effortlessly across geographies.
Industry-Specific Solutions: M2M modules are designed to cater to the various industry-specific requirements and customer needs in a way that helps differentiate themselves and creates value.

M2M Cellular Modules Market Regional Insights

The regional trends and factors influencing the M2M Cellular Modules Market throughout the forecast period have been thoroughly explained by the analysts at The Insight Partners. This section also discusses M2M Cellular Modules Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

m2m-cellular-modules-market-global-geography

Get the Regional Specific Data for M2M Cellular Modules Market

M2M Cellular Modules Market Report Scope

Report Attribute	Details
Market size in 2024	US$ XX million
Market Size by 2031	US$ XX Million
Global CAGR (2025 - 2031)	20.5%
Historical Data	2021-2023
Forecast period	2025-2031
Segments Covered	By Services Professional Services and Managed Services By End User Transportation & Logistics Manufacturing Healthcare Utilities Others By Industry BFSI IT and Telecom Government and Public Sector Manufacturing Retail Travel and Transportation Others
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	AT&T Verizon Communications Vodafone Group PLC. Sprint Corporation Amdocs Inc. China Mobile Limited Deutsche Telekom AG Telefonica SA Aeris Communications

M2M Cellular Modules Market Players Density: Understanding Its Impact on Business Dynamics

The M2M Cellular Modules Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the M2M Cellular Modules Market are:

AT&T
Verizon Communications
Vodafone Group PLC.
Sprint Corporation
Amdocs Inc.

Disclaimer: The companies listed above are not ranked in any particular order.

Get the M2M Cellular Modules Market top key players overview

Key Selling Points

Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the M2M Cellular Modules Market, providing a holistic landscape.
Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the M2M Cellular Modules Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

Frequently Asked Questions

What are the options available for the customization of this report?

Some of the customization options available based on request are additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.

What are the deliverable formats of the M2M cellular modules market report?

The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.

Which are the leading players operating in the M2M cellular modules market?

The leading players of the M2M Cellular Modules Market are: AT&T, Verizon Communications, Vodafone Group PLC., Sprint Corporation, Amdocs Inc., China Mobile Limited, Deutsche Telekom AG, Telefonica SA, Aeris Communications

What is the expected CAGR of the M2M cellular module market?

M2M cellular module market is expected to grow at a CAGR of 20.5% between 2023-2031

What are the future trends of theM2M cellular module market?

The future trends of the M2M Cellular Modules Market are: 5G Roll-out, M2M Module Integration with IoT Platform, Edge Computing

What are the driving factors impacting the M2M cellular module market?

The driving factors impacting the M2M Cellular Modules Market are: IoT Adoption, Industrial Automation, Cellular Advancements

Research Manager

Ankita Mittal

Manager,
Market Research & Consulting

Ankita is a dynamic market research and consulting professional with over 8 years of experience across the technology, media, ICT, and electronics & semiconductor sectors. She has successfully led and delivered 100+ consulting and research assignments for global clients such as Microsoft, Oracle, NEC Corporation, SAP, KPMG, and Expeditors International. Her core competencies include market assessment, data analysis, forecasting, strategy formulation, competitive intelligence, and report writing.

Ankita is adept at handling complete project cycles—from pre-sales proposal design and client discussions to post-sales delivery of actionable insights. She is skilled in managing cross-functional teams, structuring complex research modules, and aligning solutions with client-specific business goals. Her excellent communication, leadership, and presentation abilities have enabled her to consistently deliver value-driven outcomes in fast-paced and evolving market environments.

What are the M2M Cellular Modules Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

M2M Cellular Modules Market Report Snapshots

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