Shipments of Cellular M2M Terminals to Reach 13.7 Million by 2022

Shipments of Cellular M2M Terminals to Reach 13.7 Million by 2022

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About 4.9 million cellular M2M terminals were shipped globally during 2016, an increase of 28.0 percent from the previous year, according to a new Berg Insights analitycs. Growing at a compound annual growth rate (CAGR) of 18.8 percent, this number is expected to reach 13.7 million in 2022.

Berg defines cellular terminals as standalone devices intended for connecting M2M applications to a cellular network. These include primarily general-purpose cellular routers, gateways and modems that are enclosed in a chassis and have at least one input/output port. Trackers, telematics devices and other specialised devices are excluded from this report.

North American and Asian vendors dominate the global cellular M2M terminal market. Cradlepoint, Sierra Wireless and Digi International are the largest vendors in North America, whilst SIMCom is the main manufacturer on the Asian market. Combined, these four vendors generated close to US$ 415 million in revenues from M2M terminal sales during 2016. This is equivalent to nearly 50 percent of the global market.

Other noteworthy vendors include CalAmp, Multitech Systems and Encore Networks in the US, Xiamen Four-Faith, Maestro Wireless and InHand Networks in Asia, Teltonika, HMS Networks, Advantech B+B SmartWorx, NetModule, Matrix Electrónica, Eurotech, Gemalto, Dr. Neuhaus and Option in Europe and NetComm Wireless in Australia. A large number of small and medium sized vendors are active on the European market, whilst the North American market is dominated by a handful of major vendors, largely due to barriers in the form of carrier certifications required for cellular devices in the region.

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