| Study Period | 2019 - 2030 |
| Market Size (2025) | USD 2.82 Billion |
| Market Size (2030) | USD 4.43 Billion |
| CAGR (2025 - 2030) | 9.42 % |
| Fastest Growing Market | North America |
| Largest Market | Asia Pacific |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Massive Machine Type Communication (MMTC) Market Analysis
The Massive Machine Type Communication Market size is estimated at USD 2.82 billion in 2025, and is expected to reach USD 4.43 billion by 2030, at a CAGR of 9.42% during the forecast period (2025-2030).
Machine-type communication (MTC) is a fundamental technology to realize the concept of a fully connected world in the fifth-generation (5G) Internet of Things (IoT).
- The development of the massive machine-type communication (MMTC) industry is being fueled by several key factors, such as the rising demand for fully automated processes, connected devices, wireless connectivity, rising investment in smart city projects, and investment and development in next-generation mobile network infrastructure. Smart cities are expanding globally as a result of urbanization, which is fueling market growth. According to UN forecasts, 404 million urban people in India, 212 million in Nigeria, and 292 million in China will be added to the current population by 2050.
- By 2023, the Japanese multinational holding corporation SoftBank planned to install 11,210 5G base stations. In addition, growing funding for smart city initiatives in this region, such as Asia-Pacific, contributes significantly to the expansion of mMTC implementation. The foundation of the smart city is massive machine-type communication, which permits machine-to-machine communication without requiring human input.
- Future 5G networks will likely be based on the heterogeneity of devices, technologies, and architectures, including IoT, UAVs, cloud and edge computing, etc. There would be a massive roll-out of IoT/MTCDs; these devices' simultaneous and unpredictable access will cause congestion and overload in 5G and beyond networks.
- However, the proliferation of MTC devices (MTCDs) propels serious challenges to the current cellular networks due to their huge number, particularly in ultra-dense scenarios like stadiums, concerts, hotspots, and flash crowds.
- The COVID-19 pandemic harmed the world economy. Lockdowns at the national level and social segregation standards in several nations severely impacted several businesses, including the mMTC sector. Since it was unclear how long the lockdowns would last, many 5G technology suppliers were under pressure, making it challenging for the major industry participants to predict when the mMTC market would recover.
Massive Machine Type Communication (MMTC) Market Trends
Energy Holds a Dominant Position in the Massive Machine Type Communication Market
- The characteristics of 5G wireless technology, such as massive machine type communication (MTC) and ultra-reliable and low-latency communication (URLLC), transform how energy utility companies operate. Distributed intelligence and control systems for substations to regular drone inspection of distribution and transmission lines utilizing 5G enhance smart grid projects to provide next-generation customer service.
- By the end of this decade, there will likely be 235 million tons of carbon emission annually, and electric energy consumption is expected to be 414TWh. A significant portion of global carbon emissions is from information and communication technology. Green communication is necessary for environmental protection to achieve energy efficiency in wireless networks. According to EIA, the United States Electric Power Sector emissions in 2023 were 1.09 billion metric tons of carbon dioxide (GtCO₂).
- It is one of the challenges of 5G networks to improve the energy efficiency of battery-constrained devices and should adopt techniques for environmental protection. Energy harvesting is a technique to enable the devices to power their services through energy harvested from renewable energy sources like wind and sun. Energy harvesting and green communication are essential for the MTCDs and BSs and aggregating devices like smartphones, drones, etc.
- There are several natural sources for energy harvesting. However, it is required to efficiently harvest the energy from these sources. Electromagnetic radiation, vibration, temperature, sunlight, wind, motion differences, RF, and the like can harvest energy into UAVs and wireless devices (smartphones and MTCDs).
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North America is Expected to Hold Significant Market Share
- The Massive Machine Type communication growth in North America is driven majorly by the high demand for faster connectivity and better internet experience. Some of the most significant investments in deploying Massive Machine Type Communication growth network infrastructure are materializing in North America. For instance, in May 2022, one of Canada's leading telecom firms, Telus, pledged to invest USD 70 billion in mobile network infrastructure nationwide by 2026.
- Market expansion in the region is anticipated to be aided by significant government spending in the region's healthcare system. For instance, In July 2023, U.S. Department of Agriculture (USDA) announced that USDA is expanding the access to health care for more than 5 million people staying in 39 states and investing as a America agenda.
- Additionally, the healthy development of the 5G-enabled Massive Machine Type Communication Market has been prompted by the rapidly rising demand for mobile phones that support faster data rates. For instance, according to Ericsson, North America will likely have approximately 411 million 5G subscriptions by 2027.
- Throughout the forecast period, it is anticipated that strong U.S. expenditures in developing smart cities, creating smart businesses, and building smart homes would help the North American regional market expand. USAID invests an initial USD 4 Million in global financing facility in a continued push to support health workers and bolster primary healthcare systems.
- Furthermore, in May 2022, the Biden administration encouraged governors and other officials to begin the application process as it prepares to disburse USD 45 billion to guarantee that every US citizen has high-speed internet by about 2028.
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Massive Machine Type Communication (MMTC) Industry Overview
The Massive Machine Type Communication Market is semi-consolidated, with the presence of major players like Huawei Technologies Co., Ltd., Telefonaktiebolaget LM Ericsson, Nokia Corporation, Cisco Systems, Inc., and Panasonic Corporation. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
- March 2023 - Fibocom Wireless Inc., one of the leading global providers of IoT (Internet of Things) wireless solutions and wireless communication modules, announced its cooperation with Sony Semiconductor Israel (Sony), one of the leading providers of Cellular IoT chipsets, in launching the 5G LPWA module MS18 series, the Fibocom MS18 module series is designed to provide ultra-low power consumption and reliable wireless connectivity for the 5G massive IoT market.
- August 2023 - Nokia partnered with Japanese operator NTT to deploy private wireless network services to more than 3.2 million enterprises across Thailand to boost the adoption of Industry 4.0 technologies. The vendor stated that a suite of “as-a-service digital technologies” will enable Thai businesses to access use cases, including digital twins, video analytics, and machine vision.
Massive Machine Type Communication (MMTC) Market Leaders
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Huawei Technologies Co., Ltd.
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Telefonaktiebolaget LM Ericsson
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Nokia Corporation
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Cisco Systems, Inc.
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Panasonic Corporation
- *Disclaimer: Major Players sorted in no particular order
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Massive Machine Type Communication (MMTC) Market News
- November 2023 - Salesforce and AWS Expand Partnership for Customers to More Easily Build Trusted AI Apps, Deliver Intelligent, Data-Powered CRM Experiences, and Bring Salesforce Products to AWS Marketplace
- October 2023 - X4000 Communications announced a partnership with Cisco Systems within the Cisco Partner Program as a ‘Select Advisory Partner’ focused on 5G public and private mobile networks recognized as an independent 5G digital service provider for Industry 4.0 in Australia.
Massive Machine Type Communication (MMTC) Industry Segmentation
Massive machine type communication (MTC), also known as massive machine communication (MMC) or massive Machine to Machine communication, is a type of communication between machines over wired or wireless networks where data generation, information exchange, and actuation occur with minimal or no human intervention.
The massive machine type communication market is segmented by communication channel type (wired, wireless), wnd-user industry (healthcare, transportation & logistics, utilities, energy, and other end-user industries (agriculture, industrial)), and geography (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
| By Communication Channel Type | Wired |
| Wireless | |
| By End-user Industry | Healthcare |
| Transporation & Logistics | |
| Utilities | |
| Energy | |
| Other End-users (Agriculture, Industrial) | |
| By Geography | North America |
| Europe | |
| Asia Pacific | |
| Rest of the World |
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Massive Machine Type Communication (MMTC) Market Research FAQs
How big is the Massive Machine Type Communication Market?
The Massive Machine Type Communication Market size is expected to reach USD 2.82 billion in 2025 and grow at a CAGR of 9.42% to reach USD 4.43 billion by 2030.
What is the current Massive Machine Type Communication Market size?
In 2025, the Massive Machine Type Communication Market size is expected to reach USD 2.82 billion.
Who are the key players in Massive Machine Type Communication Market?
Huawei Technologies Co., Ltd., Telefonaktiebolaget LM Ericsson, Nokia Corporation, Cisco Systems, Inc. and Panasonic Corporation are the major companies operating in the Massive Machine Type Communication Market.
Which is the fastest growing region in Massive Machine Type Communication Market?
North America is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Massive Machine Type Communication Market?
In 2025, the Asia Pacific accounts for the largest market share in Massive Machine Type Communication Market.
What years does this Massive Machine Type Communication Market cover, and what was the market size in 2024?
In 2024, the Massive Machine Type Communication Market size was estimated at USD 2.55 billion. The report covers the Massive Machine Type Communication Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Massive Machine Type Communication Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Massive Machine Type Communication Industry Report
Statistics for the 2025 Massive Machine Type Communication market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Massive Machine Type Communication analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
