Wireless technology is expected to hold the largest market share from 2017 to 2025
The M2M connections market for wireless connectivity technology is expected to hold the largest market
share from 2017 to 2025. The ubiquitous presence of wireless connectivity-enabled products such as
wireless beacons, mobile point of sale (MPoS) devices, and patient health monitoring devices is the prime
factor driving the growth of the market for wireless connectivity technology in the machine to machine
connections market. Alongside this, the falling prices of wireless connectivity chipsets and the growing
demand from applications such as in-car infotainment, connected factories, and smart homes is further
accelerating the demand for wireless connectivity technology in the M2M connections market.
M2M connections for the automotive and transportation sector to witness the highest CAGR from 2017
to 2025
The M2M connections market for the automotive and transportation end-user industry is expected to
grow at the highest rate during the forecast period. The growing penetration of connected cars with
embedded telemetry and smart in-car infotainment systems is driving the growth of this end-user
industry in the M2M connections market.
https://www.marketsandmarkets.com/Market-Reports/machine-to-machine-market-732.html