The global M2M/Embedded Mobile Cellular Subscriptions landscape for 2024 reveals notable disparities across countries. The United States leads significantly with 201.56 million subscriptions, reflecting its strong market presence. Germany follows with 70.025 million subscriptions, experiencing a substantial 24.83% YoY growth in 2023. Japan stands at 44.412 million subscriptions with a 15.43% increase. Italy, France, and South Korea also show considerable growth with 7.89%, 6.97%, and 22.81% increases respectively. Smaller countries such as Austria (33.73%) and Ireland (28.11%) exhibit high YoY variation percentages, indicating rapidly expanding markets. Conversely, New Zealand experienced a slight decline by -4.17%. Among smaller markets, Iceland reported a remarkable growth of 74.32%.
Future trends to watch for Global M2M/Embedded Mobile Cellular Subscriptions include:
- Emerging markets showing high growth potential as they catch up with more developed countries.
- Technological advancements in IoT and 5G driving subscription growth.
- Policy changes and regulatory improvements influencing market dynamics.
- Increased adoption in sectors like automotive, healthcare, and smart cities enhancing subscription numbers.
Top countries in M2M/Embedded Mobile Cellular Subscriptions by Country
# | 10 Countries | Units (Subscriptions) | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United States | 201,560,000 | 2023 | +7.58% | +14.18% | View data |
2 | 2 Germany | 70,025,000 | 2023 | +20.03% | +24.83% | View data |
3 | 3 Japan | 44,412,000 | 2023 | +7.84% | +15.43% | View data |
4 | 4 Italy | 30,779,000 | 2023 | +6.79% | +7.89% | View data |
5 | 5 France | 25,675,000 | 2023 | +7.5% | +6.97% | View data |
6 | 6 South Korea | 21,920,000 | 2023 | +19.71% | +22.81% | View data |
7 | 7 Netherlands | 16,601,000 | 2023 | +9.22% | +24.93% | View data |
8 | 8 Austria | 14,207,000 | 2023 | +22.55% | +33.73% | View data |
9 | 9 Spain | 10,747,000 | 2023 | +8.26% | +12.83% | View data |
10 | 10 Poland | 7,419,000 | 2023 | +10.96% | +17.63% | View data |