In 2020, there were 2.2 billion mobile machine to machine (M2M) connections globally. That was a 37 percent increase from 2019. The forecasted compound annual growth rate of connections from 2018 to 2023 is 30 percent. According to the source, by 2023, there will be 4.4 billion mobile M2M connections worldwide.
Mobile machine to machine connection growth from 2018 to 2023
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Connections in billions
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Cisco Systems. (March 9, 2020). Mobile machine to machine connection growth from 2018 to 2023 (in billions) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1190399/mobile-m2m-connection-growth-worldwide/
Cisco Systems. "Mobile machine to machine connection growth from 2018 to 2023 (in billions)." Chart. March 9, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1190399/mobile-m2m-connection-growth-worldwide/
Cisco Systems. (2020). Mobile machine to machine connection growth from 2018 to 2023 (in billions). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1190399/mobile-m2m-connection-growth-worldwide/
Cisco Systems. "Mobile Machine to Machine Connection Growth from 2018 to 2023 (in Billions)." Statista, Statista Inc., 9 Mar 2020, https://www.statista.com/statistics/1190399/mobile-m2m-connection-growth-worldwide/
Cisco Systems, Mobile machine to machine connection growth from 2018 to 2023 (in billions) Statista, https://www.statista.com/statistics/1190399/mobile-m2m-connection-growth-worldwide/ (last visited July 22, 2024)
Mobile machine to machine connection growth from 2018 to 2023 (in billions) [Graph], Cisco Systems, March 9, 2020. [Online]. Available: https://www.statista.com/statistics/1190399/mobile-m2m-connection-growth-worldwide/