Press release
Machine-to-Machine (M2M) Connections Market 2018 Global Leaders: Deutsche Telekom, NTT Data, Telenor Group, Intel, Texas Instruments, Gemalto, Vodafone Group, Telit Communications, Verizon Communications
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.Market Highlights
The study reveals that is trending in North America region. The Global M2M connections has been dominated by two sectors consisting of consumer electronics including cameras, music players and TVs and intelligent buildings such as security and HVAC systems. The major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players.
The study indicates that the M2M module unit shipments are dominated by 4G today, but soon 5G will rule the revenue opportunity with the shift toward broadband technologies, and it will emerge as the fastest-growing technology segment in terms of percentage of units. The deployment of 4G LTE technologies in the automotive sector is among the major reasons for the increased adoption of M2M systems. While, the consumer electronics segment is the second largest and most important vertical sector, driven by connected car deployments.
The Machine-to-Machine (M2M) Connections Market is growing rapidly over 9.9 % of CAGR and is expected to reach at USD ~$27.05 Billion by the end of forecast period.
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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.
Machine-to-Machine (M2M) Connections Market Segmentation
The Machine-to-Machine (M2M) Connections Market has been segmented on the basis technology, product, end users and region. Looking through the end-user segment, the healthcare providers and other participants in this market are making significant investments in M2M solutions. While, the M2M services are mainly used for the remote monitoring of cars and theft recovery in the automotive industry. The areas that are driving this growth will be the automotive industry, with new smart cars, utility companies with transportation, healthcare and security. The growth-driving vertical markets such as intelligent buildings, consumer electronics, automotive and healthcare, utilities. All the components are made in order to have a long life and our experiences are so good that it has given us the necessary confidence to offer the best guarantee on the market.
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.
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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
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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