Machine to Machine Communication Market Expected to Reach $31.5 Billion by 2025 The Increasing M2M Connections in Various Industries and the Growing Adoption of New Connectivity Technologies Will Further Accelerate Machine-to-machine (M2M) Connections Market Growth in the Forecast Period 2020-2025
BriefingWire.com, 1/11/2021 - Machine to Machine Communication Market is expected to reach $31.5 billion by 2025 at a CAGR of 6.5% during the forecast period 2020-2025. Supportive government policies, increasing demand for connectivity along with growing concern for safety is driving the M2M communication market. Smart home market, automotive industry, healthcare, manufacturing &s supply chain verticals will fuel their growth by innovating more technologies inn M2M communications.