The Machine to Machine (M2M) communication is a type of data communication technology that enables the devices such as sensors or meter to share information automatically with other devices and perform necessary action through a network which can be wired, wireless or hybrid without human intervention. M2M communication is often used for remote monitoring to capture an event and transfer data between mechanical or electronic devices.
M2M communication provides various features of such low power consumption, low cost, infrequent and small data transmission, two way communication, low processing power, reliability and flexibility among others.
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.),
KORE Wireless Group(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 Market is expected to grow at ~10% CAGR (2016-2022).
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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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.
- Virtual Reality Headsets vendors
- Mobile application providers
- Gaming industry
- Education industry
- Research and consulting firms
- Resellers & Distributors
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