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Global M2M Services Market Highlights Key Development Factors and Upcoming Trends During forecast 2017-2025

04-27-2018 12:01 PM CET | Industry, Real Estate & Construction

Press release from: MRRSE

MRRSE

MRRSE

In order to study the various trends and patterns prevailing in the overall market for “M2M Services”, Market Research Reports Search Engine (MRRSE) has included a new report titled “M2M Services Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Readers can access the regional as well as segment-wise analysis for acquiring precise information about the global market structure.

Free| Get Sample Report or View Summary of Report @ https://www.mrrse.com/sample/3477

The global M2M services market is featured by the dominance of some of the large telecom companies that have global presence, says a recent market publication by MRRSE. Some of the prominent names in the global M2M services market are AT&T, Deutsche Telekom AG, Gemalto NV, PTC, Ericsson AB, EE Limited, Sprint.com, Aeris Communications Inc., PTC, Verizon Wireless, and Oracle.

Keen players in the market are investing heavily in research and development to acquire advanced communication technologies and are resorting to collaborations and partnerships for expanding their outreach. Key players in the market are also seen to tap into opportunities in emerging markets after the revival of the economy post the economic slump of 2008.

the global M2M services market is likely to expand at a phenomenal 27.2% CAGR for the forecast period between 2017 and 2025. At this pace, the market is likely to attain a value of US$83,616.1 mn by the end of the forecast period in 2025 from its evaluated worth of US$9,695.1 mn in 2016.

The segments of the global M2M services market depending upon organization size are large enterprises and small and medium enterprises (SMEs). Of the two, large enterprises held the leading share in 2016 and accounted for the leading revenue contribution to the global M2M services market.

On the basis of industry vertical, consumer electronics led the market in 2016 vis-à-vis revenue. However, the manufacturing segment is expected to display the leading CAGR over the forecast period between 2017 and 2025.

Geography-wise, North America tops amongst other key regional segments in the global M2M services market. Early adoption of new technology generally and the region being home to some of the leading telecom companies are key factors for the supremacy of North America.

Improved Internet Connectivity Ramps M2M Services Demand

The key growth drivers of the global M2M services market include expanded fiber optic cable networks and improved Internet connectivity. M2M communication is carried out over mobile networks that use fiber optic cables for transfer of large amount of data. With significant improvement in Internet connectivity and connection speed over the last couple of years, M2M service providers have the capability to offer advanced and integrated telecom solutions to industrial consumers. Moreover, cloud solutions provided by M2M service providers can be used over a number of a devices and can help transfer large amount of data.

Complete Report available at @ https://www.mrrse.com/m2m-services-market

Apart from this, significant drop in operational costs involved with M2M services due to improved wireless connectivity speed are adding the growth of M2M services market.

Huge investments by telecom companies for development of fiber optic networks is also fuelling growth of M2M services market. For example, India based Reliance Industries’ telecom venture Reliance Jio involves hefty investments in fiber optic network. Launched in June 2017, fiber cable network of Reliance Jio has a total length of 25,000 kilometers that connects countries in Asia, Europe, and Africa. Another example of investment in fiber optic network is Google’s 9,000 kilometer long fiber optic cable that connects the U.S. and Japan.

Lastly, the increasing number of connected devices that transfer data using fiber optic networks is expected to boost the global M2M services market in the upcoming years.

The report also highlights the competitive landscape of the global M2M services market, thereby positioning all the major players according to their presence across different regions of the world and recent key developments initiated by them in the M2M services market. The comprehensive M2M services market estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting M2M services market growth.

AT&T, EE LIMITED, Deutsche Telekom AG, Sprint.com, Gemalto NV, AERIS COMMUNICATIONS, INC., PTC, Oracle, Ericsson AB and Verizon Wireless are some of the major players operating within the M2M services market profiled in this study. Details such as financials, SWOT analysis, business strategies, recent developments, and other such strategic information pertaining to these players have been duly provided as part of company profiling.

Global M2M Services Market

By Organization Size

Large Enterprises
SME's

By Service Type

Managed Services
Professional Services
Connectivity and Data Storage Services

By Industry Vertical

Retail
Manufacturing
Healthcare
Automotive
Consumer Electronics
Energy and Mining
Transportation and Logistics
Oil and Gas
Others (Education, Hospitality)

Send an Enquiry @ https://www.mrrse.com/enquiry/3477

About Market Research Reports Search Engine (MRRSE)

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

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