Growth of M2M Modules will Reach 4.1 Billion by 2019

IoT M2M module market research

In 2014, the number of active M2M modules (all technologies included) reached 1.2 billion units. They will top over 4.1 billion by 2019 with a 29% CAGR. In 2015, the cellular market is expected to represent 290 million modules worldwide for a total market of 30 billion EUR.

Source: IDATE

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About David H Deans

Principal Consultant and Founder of GeoActiveGroup.com
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