Global Mobile M2M Module Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Industrial;

Wi-Fi, Bluetooth, Zigbee, LoRa (Long Range), and other.

By Technology;

2G , 3G and LTE.

By Application;

Smart Utilities, Home Appliances, and Consumer Electronics.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn764750026 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Mobile M2M Module Market (USD Million), 2021 - 2031

In the year 2024, the Global Mobile M2M Module Market was valued at USD 7,033.24 million. The size of this market is expected to increase to USD 10,299.18 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.6%.

The global Mobile M2M (Machine-to-Machine) module market has witnessed significant growth driven by the increasing adoption of IoT (Internet of Things) across various industries. Mobile M2M modules facilitate communication between devices or machines over cellular networks, enabling seamless data transmission, monitoring, and control functionalities. These modules play a pivotal role in enhancing operational efficiency, enabling real-time decision-making, and driving innovation in connected technologies.

The Mobile M2M module market is propelled by the proliferation of connected devices and the rising demand for reliable, secure, and scalable communication solutions. Industries such as transportation, healthcare, utilities, manufacturing, and retail are leveraging M2M modules to optimize processes, improve customer experiences, and reduce operational costs. The deployment of advanced cellular technologies like LTE, NB-IoT, and 5G further accelerates market growth by offering higher data speeds, wider coverage, and lower latency, supporting diverse M2M applications.

The market is segmented into communication modules, tracking modules, and industrial modules. Communication modules encompass GSM, CDMA, LTE, and NB-IoT technologies, facilitating robust connectivity for remote monitoring and control across various IoT applications. Tracking modules utilize GPS and GNSS technologies to enable real-time asset tracking and location-based services, benefiting sectors like logistics and fleet management. Industrial modules, including Wi-Fi, Bluetooth, Zigbee, and LoRa, cater to industrial IoT applications, supporting automation, smart manufacturing, and sensor networks within industrial environments.

Geographically, North America and Europe lead the Mobile M2M module market due to early adoption of IoT technologies, advanced telecommunications infrastructure, and robust regulatory frameworks. Asia-Pacific is poised for substantial growth driven by rapid industrialization, increasing investments in smart cities, and expanding IoT deployments across sectors such as automotive, healthcare, and agriculture. Latin America and the Middle East & Africa regions are also witnessing growing adoption of M2M modules, driven by digital transformation initiatives and infrastructure development.

The Mobile M2M module market is expected to continue its growth trajectory, fueled by advancements in connectivity technologies, IoT platform integrations, and the proliferation of connected devices. Emerging trends such as edge computing, AI-driven analytics, and the convergence of IoT with 5G networks are poised to unlock new opportunities for M2M module manufacturers and service providers. As industries prioritize digital transformation and data-driven decision-making, Mobile M2M modules will play a crucial role in enabling smart, connected ecosystems globally.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Industrial
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Mobile M2M Module Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. IoT Adoption Surge
        2. Connectivity Expansion
        3. Industry 4.0 Initiatives
        4. Smart City Development
      2. Restraints
        1. Security Concerns
        2. Regulatory Challenges
        3. High Deployment Costs
        4. Interoperability Issues
      3. Opportunities
        1. 5G Network Rollouts
        2. AI and Analytics Integration
        3. Healthcare IoT Solutions
        4. Automotive Telematics
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Mobile M2M Module Market, By Industrial, 2021 - 2031 (USD Million)
      1. Wi-Fi
      2. Bluetooth
      3. Zigbee
      4. LoRa (Long Range)
      5. other
    2. Global Mobile M2M Module Market, By Technology, 2021 - 2031 (USD Million)
      1. 2G
      2. 3G
      3. LTE
    3. Global Mobile M2M Module Market, By Application, 2021 - 2031 (USD Million)
      1. Smart Utilities
      2. Home Appliances
      3. Consumer Electronics
    4. Global Mobile M2M Module Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Gemalto
      2. Huawei
      3. Sierra Wireless
      4. Telit
      5. Quectel Wireless Solutions Co. Ltd.

  7. Analyst Views
  8. Future Outlook of the Market