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
(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 November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/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 November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/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: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/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.ezproxy.canberra.edu.au/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.ezproxy.canberra.edu.au/statistics/1190399/mobile-m2m-connection-growth-worldwide/ (last visited November 13, 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.ezproxy.canberra.edu.au/statistics/1190399/mobile-m2m-connection-growth-worldwide/
