Machine-to-Machine Communication (M2M) Market is driven by a huge demand for intelligent solutions across various industries such as consumer electronics, healthcare, retail, automotive, utilities, and home automation among others. The Machine to Machine (M2M) Communication market across the globe is expected to show a substantial growth with technological advancements and cost reduction. The M2M communication solutions offer various advantages such as improved efficiency, higher process and productivity through direct communication between remote machines and central management, which are the some of the major revenue generators for M2M Communication market.
The M2M communication market is growing rapidly and being adopted in many sectors such as Consumer electronics, Healthcare, Retail, Automotive, Utilities, and Home Automation among others.
However, the high initial investment associated with development and deployment of M2M communication Solutions and Lack of technology awareness is hindering the growth of the market. Security and privacy is also the main concern due to increase in data transfer wirelessly with limited battery life are also some of the restrain factors for M2M Communication Market.
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Major Key Players
- Aeris communication. Inc. (U.S.),
- AT&T, Inc. (U.S.),
- Deutsche Telekom AG(Germany),
- Cisco Systems Inc. (U.S.),
- Telenor Group(Norway),
- KORE Wireless Group(U.S.),
- Intel (U.S.),
- Rogers Communications Canada, Inc. (Canada),
- Singtel Group (Singapore),
- Texas Instruments (U.S),
- Vodafone Group plc.(U.K.),
- Verizon Communications, Inc.(U.S.),
Sprint Corporation(U.S.), Telefónica, S.A.(Spain), China Mobile Ltd. (China), Numerex Corp.(U.S.), Sierra Wireless (Canada), and Orange S.A.(France) among others.
Hence the market for M2M Communication is expected to grow at ~10% CAGR (2016-2022).
Global M2M Communication market has been segmented on the basis of Technology, Component, and Application. The Technology has been identified as Wired, Wireless and hybrid whereas Component consists of Wi-Fi, Sensors, RFID, and Software among others. The application comprises of Consumer electronics, Healthcare, Retail, Automotive, Utilities, and Home Automation among others.
Regional Analysis of Virtual Reality Headsets Market:
North America is dominating the Global Virtual Reality Headsets Market with the largest market share in the region due to growing investment in technologies and high demand by films, education system and military to develop and improve visual experience and therefore is expected to grow with highest revenue by 2022. Virtual Reality Headsets Market in Asia-Pacific market is expected to grow at with a highest CAGR due to growing technological advancement in the region.
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Virtual Reality Headsets vendors
Mobile application providers
Research and consulting firms
Resellers & Distributors
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