Mobile M2M connections in Canada 2014-2020

This statistic shows a forecast of the number of mobile machine-to-machine (M2M) connections in Canada between 2014 and 2020. In 2020, there are predicted to be around 11 million cellular M2M connections in Canada.

M2M market in Canada - additional information

Machine-to-machine (M2M), the technology that allows and supports communication between machines and devices, represents one aspect of the Internet of Things, a major trend of the technology industry for the next few years. The number of M2M connections worldwide is expected to rise from 500 million in 2014 to over three billion in 2019, while the global machine-to-machine market size is projected to increase by nearly 155 billion U.S. dollars between 2013 and 2022. Asia, Europe and North America are the regions with most M2M connections. In 2013, 42 percent of all M2M connections worldwide were located in Asia, 27 percent in Europe and 18 percent in North America.

In line with the global figures, the number of cellular Machine-to-Machine connections in Canada is forecasted to grow rapidly in the next few years -- from three million in 2014 to 11 million in 2020. Almost ten percent of all connections in Canada were M2M connections in 2013. Eight percent of all connections in the UK were M2M connections, while the U.S. had just over nine percent. Sweden is a distant leader: almost a quarter of all connections in the country were M2M connections in 2013.