Machine To Machine M2M Market is Projected to Reach USD 22,099 Million in 2019

Gmiresearch24 May, 2022Other

Machine-to-Machine M2M Market was estimated at USD 22,099 Million in 2019, registering a CAGR of 4% over the forecast period (2020-2027), owing to the accelerating penetration of wireless connectivity. Adoption of advanced technologies such as machine learning, cloud computing, artificial intelligence, Internet of Things, and 4G/LTE across defense, automotive, transport, logistics, and manufacturing will propel the market growth.