Global M2M Services Market to grow at a CAGR of 29.37% during 2017-2021 - Growing adoption of the Internet of Things (IoT) to drive the Market Growth

Albany, NY, March 02, 2017: A machine-to-machine (M2M) platform is a programmed unit in which M2M applications and services are built on. Owing to the growing adoption of the Internet of Things (IoT) and M2M services, the demand for innovative M2M platforms to enable new M2M services (such as connected cars and smart homes) is increasing. Also, many small players are entering the global M2M platform market as the entry barriers are low.

The global M2M services market to grow at a CAGR of 29.37% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global M2M services market for 2017-2021. To calculate the market size, the report considers the revenue generated from the M2M services for cellular networks and satellite networks.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global M2M Services Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- AT&T
- EE
- Sprint
- Verizon

Other prominent vendors
- Aeris Communications
- Amdocs
- Applied Satellite Technology
- China Mobile
- Comarch
- Digi International
- Ericsson
- Gemalto
- Huawei
- Hughes Network System (EchoStar)
- Jasper Technologies
- KORE Wireless Group
- Novatel Wireless
- Nupoint Systems
- Oracle
- Orange Business Services
- PTC
- Quake Global
- Rogers Communications..............

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Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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