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.
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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),
- Numerex Corp.(U.S.),
- Sierra Wireless (Canada),
- Orange S.A.(France)
According to MRFR, Hence, Globally the M2M Communication market 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.
North America is dominating the market of M2M communication Market due to the opportunities offered by M2M communication for mobile operators which will increase the connection and revenue. In terms of the revenue generation, U.S. is leading the market in North America due to the rising demand of cloud based services and high-speed networks in U.S. that enables easy access, analysis and manipulation of stored data transaction to help customers to improve their business operations.
Europe is expected to register healthy growth in the Machine to Machine Communication (M2M) Market due to industrial development as well as infrastructural growth. The M2M Communication market is also increasing due the high adoption in Transportation, security and surveillance and warehouses among others. Europe stands as second biggest market for M2M Communication
Asia-Pacific has emerged as fastest growing market due increasing adoption of smartphones and digital solutions such as smart meters in China and India. The improving economic conditions, rise in industrial development and initiative by government such as ‘Digital India’ in India are also supporting the market of M2M Communication Market.
Study Objectives of M2M Communication Market:
To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Global M2M Communication Market
To provide insights about factors affecting the market growth
To analyze the M2M Communication market based on various factors- supply chain analysis, porter’s five force analysis etc.
To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segment by technology, component, Applications and sub-segments.
To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global M2M Communication Market.
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LIST OF TABLES
Table 1 Global M2m Communication market, By Technology
Table 2 Global M2m Communication market, By Component
Table 3 Global M2m Communication market, By Application
Table 4 Global M2m Communication market, By Regions
Table 5 North America M2m Communication market, By Country
Table 6 North America M2m Communication market, By Technology
Table 7 North America M2m Communication market, By Component
Table 8 North America M2m Communication market, By Application
LIST OF FIGURES
FIGURE 1 RESEARCH TYPE
FIGURE 2 GLOBAL M2M COMMUNICATIONMARKET, BY TECHNOLOGY (%)
FIGURE 3 GLOBAL M2M COMMUNICATIONMARKET, BY COMPONENT (%)
FIGURE 4 GLOBAL M2M COMMUNICATIONMARKET, BY APPLICATION (%)
FIGURE 5 GLOBAL M2M COMMUNICATIONMARKET, BY REGIONS (%)
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