M2M (machine-to-machine) - statistics & facts

Machine-to-machine, or M2M, refers to technology that allows and supports communication between machines and devices through both wireless and wired systems. It represents one aspect of the so-called Internet of Things. At its most basic level, M2M relates to connecting, monitoring, remote sensing and actuating devices. Many industries and vertical markets make use of M2M, or are projected to do so in the future. Overall M2M and the many different segments are projected to grow strongly over the next five to ten years by compound annual growth rates of 10 to 50 percent. The global M2M industry size is forecast to grow to around 200 billion U.S. dollars in revenue by 2020 according to Strategy Analytics.

Amongst the vertical markets and sectors of M2M are the automotive industry, the smart (connected) home market, intelligent buildings, smart cities and public transport, healthcare (mHealth), consumer electronics, the retail industry, manufacturing & supply chain (smart factory), utilities & energy and security applications. According to projections by Ovum healthcare, manufacturing and energy & utilities will be the most important verticals with each of those verticals forecast to generate revenues in excess of seven billion U.S. dollars by 2018.

The technologies used for M2M applications to ensure device connectivity are cellular (2G, 3G, 4G and LTE), wide area fixed, short range, MAN, short range and satellite connections. The total number of M2M connections is forecast to more than triple from around 100 million in 2012 to more than 350 million connections in 2018, at a CAGR of 22.6 percent. Data traffic from M2M communication was at more than 20 thousand terabytes per month in 2013 and is expected to grow to more than 900 terabytes per month by 2018.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Published by Lionel Sujay Vailshery, Apr 28, 2023

Key insights

Projected M2M (machine-to-machine) total industry size by 2022
199.6bn USD
M2M global market revenue in 2017
47.9bn USD
Global number of M2M connections in 2017
1.1bn
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Editor’s Picks Current statistics on this topic

Size of the global machine-to-machine (M2M)* industry from 2013 to 2022 (in billion U.S. dollars)**

Mobile Connections and Data

M2M (machine-to-machine) total industry size 2013-2022

Number of Machine-to-Machine (M2M) connections worldwide from 2014 to 2021 (in billions)

Telecommunications

Machine-to-Machine (M2M) connections worldwide 2014-2021

Internet of Things (IoT) connected devices installed base worldwide from 2015 to 2025 (in billions)

Consumer Electronics

Internet of Things - number of connected devices worldwide 2015-2025

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