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Cellular M2M device connections and revenue: worldwide trends and forecasts 2015–2025

Michele Mackenzie Principal Analyst, Research

"Cellular M2M connectivity revenue is expected to grow to USD23.6 billion by 2025, driven by a relatively high automotive average revenue per connection (ARPC)."

We expect that cellular M2M connections will grow at a CAGR of 19% year-on-year between 2015 and 2025, but growth will be slower than we reported in our previous M2M forecast. Growth in the automotive sector remains strong, but a decline in car sales in some of the BRIC markets (Brazil, China and Russia) – due to an uncertain macroeconomic climate – will lengthen car replacement cycles and, therefore, adoption of embedded connectivity in passenger vehicles will be affected. 

This report provides:

  • analysis of cellular M2M connections and connectivity revenue for the period between 2015–2025
  • analysis of the cellular M2M market for eight sectors and 25 applications
  • analysis of the cellular M2M market for eight regions.

Data coverage

Industry sector

M2M application

Automotive and transport

  • Fleet tracking: HGV
  • Fleet tracking: LCV
  • Passenger cars with embedded connectivity
  • Passenger cars with aftermarket connectivity
  • Passenger cars with tethered connectivity

Financial services

  • ATMs

Healthcare

  • Chronic remote patient monitoring (RPM)
  • Acute RPM
  • Personal emergency response services (PERS)

Industrial

  • Heavy equipment
  • Pipeline monitors

Public sector

  • Video surveillance devices
  • Parking meters

Retail

  • Point-of-sale (POS) terminals
  • Vending machines
  • Digital signage: in-store
  • Digital signage: roadside
  • Digital signage: temporary
  • Digital signage: transit hub
  • Digital signage: public venues

Security

  • Residential connected alarms
  • Commercial connected alarms
  • Residential connected CCTV
  • Commercial connected CCTV

Utilities

  • Commercial electric meters
  • Residential electric meters

Geographical coverage

Regions

  • Central and Eastern Europe (CEE)
  • Developed Asia–Pacific (DVAP)
  • Emerging Asia–Pacific (EMAP)
  • Latin America (LATAM)
  • Middle East and North Africa (MENA)
  • North America (NA)
  • Sub-Saharan Africa (SSA)
  • Western Europe (WE)