Global Cellular M2M modules Market is expected to reach $2.3 billion by 2017.

The report "Cellular Machine to Machine (M2M) modules Market (2012-2017)" categorized the market by M2M modules (GPRS, EDGE, CDMA 2000, UMTS/HSPA, WiMAX, LTE), Verticals (Utilities, Security, Automotive, Transport & Logistics, Networking, Banking & Financial Services, Healthcare) and Geography (North America (US, Canada, Others), Europe (Germany, UK, France, Italy Others), Asia- Pacific (China, Japan, Korea, India, Taiwan, Australia, Others) and RoW (Middle East, Africa, South America))".

In the era of communication, Machine to Machine interactions have become significant important. Traditionally, contributed by wired technologies, the communication market is now evolving towards wireless technologies. M2M interface not only allows connections with multiple devices but also allows remote monitoring and controlling of these devices. M2M technology uses unlicensed RF signals, cellular networks and satellite networks as channel to communicate with the devices. GPRS modules and EDGE modules have captured major share in cellular M2M modules, however UMTS/HSPA, WiMAX and LTE modules are expected to drive the future growth of the market.

According to 6Wresearch, global cellular M2M modules market generated $888.2 million in 2011 and is expected to reach $2,324.7 million by 2017, with a CAGR of 17.3% from 2012-2017. The shipments of cellular M2M modules are expected to reach 145.3 million by 2017, with a CAGR of 22.9% for the same period. Amongst vertical market, automotive, transport & logistics accounts for largest share. The key players of the market are namely, Sierra Wireless, Gemalto, Telit, SimCom and Novatel Wireless.

The report estimates and forecast market size, market revenue by modules, shipments by modules, verticals and regions. The report also gives the insights on competitive landscape, market share, latest market trends, drivers, restraints and opportunities that devise growth of the market.