Machine-to-Machine (M2M) Market Revenue and Analysis with Focus on Future Trends, Opportunities and Design Competition Strategies 2023
Market Research Future published a research report on “Global Machine-to-Machine (M2M) Connections Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Pune, India – October 17, 2017 /MarketersMedia/ —
Market Synopsis of Machine-to-Machine Market
Market Scenario:
Global Machine-to-Machine (M2M) Connections Market are transforming industries and creating tremendous opportunities for M2M module vendors around the world. Along with the M2M, IoT is making huge growth in the M2M market, globally. However, the Internet of Things will consist primarily of machines talking to one another, with computer-connected humans observing, analyzing and acting upon the resulting the big data explosion, will shaping up the growth of machine to machine connections.
The study indicates that the short range technology is dominating M2M connections. In 2017, it has been observed that about 73% of M2M devices is connected by short-range technologies, mostly WiFi. The wireless wide area network connections will grow from 750 million at the end of 2017 to 2.6 billion in 2023. The most important WWAN sector is automotive including pay-as-you-drive insurance, eCall and security and tracking. At the end of 2017, the M2M accounted for 15% of cellular connections and by 2023, this will reach 22%.
The global Machine-to-Machine (M2M) Connections Market is expected to grow at USD ~$ 27.05 Billion by 2023, at ~9.9 % of CAGR between 2017 and 2023.
Study Objectives of Machine-to-Machine Market:
To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Machine-to-Machine
To provide insights about factors affecting the market growth.
To analyze the Machine-to-Machine market based 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 on the basis of type, application, end -users and region.
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 Machine-to-Machine.
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Key Players
The prominent players in the Machine-to-Machine (M2M) Connections Market are – AT&T Inc. (U.S), Deutsche Telekom A G (Germany), NTT Data (Japan), Telenor Group (Norway), Intel Corporation (US), Texas Instruments Incorporated (US), Gemalto N.V. (Netherlands), Vodafone Group PLC (UK), Telit Communications (UK), U-blox Holding AG (Switzerland), and Verizon Communications, Inc. (U.S) among others.
Segments:
The global Machine-to-Machine (M2M) Connections market has been segmented on the basis of technology, product, end users and region.
Machine-to-Machine (M2M) Connections Market by Technology:
Wired Technologies
Ethernet
Industrial
Wireless Technologies
Cellular Network
Short Range
Others
Machine-to-Machine (M2M) Connections Market by Product:
IoT & M2M Modems
Routers
Modules Mobile point of sale
Wireless beacons
Others
Machine-to-Machine (M2M) Connections Market by End-User:
Government and defense
Automotive & Transportation
Consumer Electronics
Security & Surveillance
Retail
Utilities
Healthcare
Others
Machine-to-Machine (M2M) Connections Market by Region:
North America
Europe
Asia Pacific (APAC)
Rest of the World (ROW)
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Regional Analysis:
The regional analysis of Machine-to-Machine connections market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. In North America, it has been estimates that 65% of M2M service revenue is accounted for by the service wrap and 35% by the provision of connectivity. While, the majority of the revenue comes from service enablement with the remainder coming from the provision of basic short range connectivity. While in Europe, the operators such as Vodafone and Deutsche Telekom are already seeing modest success in the connected health market, is anticipated to be the leading region.
Intended Audience
Machine-to-Machine (M2M) Connections device manufacturers
Technology Providers of Machine-to-Machine Systems
Technical Universities
Research Institutes and Organizations
Component Suppliers
Machine-to-Machine Equipment Manufacturers
Suppliers and Distributors of Machine-to-Machine (M2M) Connections
Standardization and Testing Firms
Raw material and manufacturing equipment suppliers
Semiconductor wafer vendors
Telecom operators
Application providers
Safety equipment manufacturers
Distributers
Investors
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Contact Info:
Name: Akash Anand
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Organization: Market Research Future
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Source: MarketersMedia
Release ID: 251460
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