M2M COMMUNICATION MODULE MARKET

INTRODUCTION

M2M (Machine-to-Machine) communication modules, sometimes referred to as M2M modules or M2M modems, are hardware tools that allow machines or devices to communicate with one another without the need for human interaction.

They enable the idea of the Internet of Things (IoT) by giving gadgets a way to communicate data, instructions, and information on their own.

In order to connect to a network and communicate with other devices or a centralized system, M2M communication modules are generally integrated within machines or other objects.

These modules incorporate many forms of wired or wireless connectivity, including Ethernet, serial interfaces, satellite, cellular (2G, 3G, 4G, or 5G), Wi-Fi, Bluetooth, and satellite.

M2M communication modules' salient characteristics include:

Connectivity: M2M modules allow for the establishment of wired or wireless connections between devices and networks, allowing for smooth data transfer and communication.

Data Transmission: They make it easier for data to be transferred between machines, sensors, and other devices and a centralised system or cloud platform. Real-time monitoring information, orders, alerts, or status updates are some examples of this data.

Support for Protocols: To ensure compatibility and effective data sharing, M2M modules support a number of communication protocols, including MQTT (Message Queuing Telemetry Transport), CoAP (Constrained Application Protocol), and HTTP (Hypertext Transfer Protocol).

Security: To protect data and ensure secure connection, M2M modules frequently include security features like encryption, authentication, and secure protocols.

Power Efficiency: A lot of M2M modules are created to run in low-power settings, optimizing power usage to increase machine or device battery life.

Numerous industries, including transportation, logistics, healthcare, smart cities, agriculture, industrial automation, and more, use M2M communication modules.

Automation, remote monitoring, predictive maintenance, and improved operational efficiency are all made possible by the ability of devices to interact, communicate, and gather data from one another.

M2M COMMUNICATION MODULE MARKET SIZE AND FORECAST

The Global M2M Communication Module market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

M2M COMMUNICATION MODULE MARKET NEW PRODUCT LAUNCH

The rise of M2M will utilize 5G networks in its subsequent stage. Engineers have defined the future of "massive machine type communication" (m MTC) by anticipating future requirements. In this future, low-power wireless systems will be installed on a massive scale for M2M applications.

Engineers refer to the deployment of up to one million units per kilometer as very big scale. An m MTC system also needs 99.99% radio dependability and one millisecond communication latency between nodes to meet the demands of demanding applications. Although it is a difficult task, there are nearby options.

The International Telecommunication Union (ITU) article that covers fifth generation technology standards for radio networks contains a formal definition of m MTC. The International Mobile Telecoms (IMT)-2020 5G whitepaper fundamentally establishes the requirements and guidelines for 5G networks.

To address the needs of m MTC, NB-IoT and LTE-M are being improved, and another technology is a component of IMT-2020 5G. The DECT New Radio (NR)+, formerly known as the DECT-2020 NR, satisfies all m MTC technical requirements.

It originates with the DECT Forum, an organization devoted to the advancement of digital enhanced cordless telephony (DECT).

The 1.9 GHz operating frequency is used by DECT NR+. With the current exception of Japan, India, and China, this is a global, license-free spectrum allotment. DECT NR+ is less expensive to operate than its licensed alternatives because it is free.

Range is up to several kilometers outside or hundreds of meters inside. Interestingly, DECT NR+ isn't a cellular technology even though it is mentioned in the 5G networks specifications document.

While it does have some technical similarities to cellular, engineers are allowed to create their own dense private networks utilizing a free band and without the usage of SIM cards as opposed to being forced to utilize licensed networks.

M2M COMMUNICATION MODULE MARKET COMPANY PROFILE

• Sierra Wireless
• Telit
• Quectel Wireless Solutions
• U-blox
• Gemalto
• Digi International
• SIMCom Wireless Solutions

THIS M2M COMMUNICATION MODULE MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many M2M Communication Modules are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global M2M Communication Module and key vendor selection criteria
3. Where is the M2M Communication Module manufactured? What is the average margin per unit?
4. Market share of Global M2M Communication Module market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global M2M Communication Module in-house
6. key predictions for next 5 years in Global M2M Communication Module market
7. Average B-2-B M2M Communication Module market price in all segments
8. Latest trends in M2M Communication Module market, by every market segment
9. The market size (both volume and value) of the M2M Communication Module market in 2024-2030 and every year in between?
10. Production breakup of M2M Communication Module market, by suppliers and their OEM relationship