New York US, Sept. 27, 2022 (GLOBE NEWSWIRE) — According to a comprehensive research report by Market Research Future (MRFR), “M2M Connections Market, By Product, Technology, End Users, and Region- Forecast to 2030”, the market is anticipated to acquire a valuation of approximately USD 54.2 Billion by the end of 2030. The reports further predict the market to flourish at a robust CAGR of over 5.40% during the assessment timeframe.
M2M Connections Market Overview:
M2M refers to “Machine to Machine.” It explains any such technology allowing networked devices to interact with human intervention. In other terms, communication is carried out from one machine to another. An M2M connection is a connection between two gadgets without human interaction. It enables two devices to communicate independently. The machine-to-machine (M2M) connections market allows users to convert industry sectors and creates various opportunities for the vendors of M2M connections worldwide. The global market for machine-to-machine connections has been overgrown in the last few years.
