In 2020, there were 2.2 billion mobile machine to machine (M2M) connections globally. That was a 37 percent increase from 2019. The forecasted compound annual growth rate of connections from 2018 to 2023 is 30 percent. According to the source, by 2023, there will be 4.4 billion mobile M2M connections worldwide.
Mobile machine to machine connection growth from 2018 to 2023
(in billions)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Cisco Systems. (March 9, 2020). Mobile machine to machine connection growth from 2018 to 2023 (in billions) [Graph]. In Statista. Retrieved December 06, 2024, from https://www.statista.com/statistics/1190399/mobile-m2m-connection-growth-worldwide/
Cisco Systems. "Mobile machine to machine connection growth from 2018 to 2023 (in billions)." Chart. March 9, 2020. Statista. Accessed December 06, 2024. https://www.statista.com/statistics/1190399/mobile-m2m-connection-growth-worldwide/
Cisco Systems. (2020). Mobile machine to machine connection growth from 2018 to 2023 (in billions). Statista. Statista Inc.. Accessed: December 06, 2024. https://www.statista.com/statistics/1190399/mobile-m2m-connection-growth-worldwide/
Cisco Systems. "Mobile Machine to Machine Connection Growth from 2018 to 2023 (in Billions)." Statista, Statista Inc., 9 Mar 2020, https://www.statista.com/statistics/1190399/mobile-m2m-connection-growth-worldwide/
Cisco Systems, Mobile machine to machine connection growth from 2018 to 2023 (in billions) Statista, https://www.statista.com/statistics/1190399/mobile-m2m-connection-growth-worldwide/ (last visited December 06, 2024)
Mobile machine to machine connection growth from 2018 to 2023 (in billions) [Graph], Cisco Systems, March 9, 2020. [Online]. Available: https://www.statista.com/statistics/1190399/mobile-m2m-connection-growth-worldwide/