Press release
Machine to Machine Market Expected Huge Growth Opportunities in the Coming Years By Connected Car Market
The machine to machine communications supports the organizations to keep track of security and safety of the data and connected devices through 24x7 monitoring, remote access, and automated emergency response. The machine to machine technology supports governments and businesses to enhance IT efficiency in terms of enterprise resource planning, automated beats per measure, and streamlining of customer relationship management. The data in machine to machine technology flows among devices and then to the consumers, so no human involvement is required in the process.
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The machine to machine market can also be categorized on the basis of end users as consumer electronic, utilities, retail, healthcare, automotive and transportation, oil and gas, security and surveillance, and agriculture. Healthcare industry utilizes machine to machine technology in telemedicine and patient monitoring and tracking. The utilities industry on the other hand uses them in smart meters and smart grids. The retail industry uses them in vending machines and automated teller machine (ATM), and digital signage and point-of-sales. The use of machine to machine technology in consumer electronics industry is found in smart appliances, smart television (TV) consoles and smart television (TV); security and surveillance include remote surveillance, residential security and commercial security. The automotive and transportation industry uses machine to machine technology in fleet tracking or monitoring, and telematics. Among end users of machine to machine market, utilities, and automotive and transportation are expected to grow with an exponential rate in the coming years.
On the basis of technology, the machine to machine market can be categorized as wireless technologies, wired technologies and cellular technologies. Wireless technologies include ZigBee, Bluetooth and wireless fidelity (Wi-Fi); wired technologies include industrial Ethernet and Ethernet; and cellular technologies include second-generation (2G), third-generation (3G) and fourth-generation (4G) or long term evolution (LTE). ZigBee is expected to grow with the highest rate among wireless technologies in the coming years. The wireless fidelity (Wi-Fi) leads the wireless technologies market; however, its share is expected to decrease in the coming years. Among cellular technologies, 2G market is expected to decrease in the coming years owing to the increasing adoption of 3G and 4G.
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Some of the competitors in the machine to machine market are Cisco Systems Inc., Deutsche Telekom Ag, Telit Communications, Kore Wireless Group, AT&T Inc., Jasper Technologies Inc., Intel Corporation, Verizon Communication Inc., Texas Instruments, Sprint Corporation, China Mobile Ltd., Vodafone Group PLC, Telefonica, S.A., Sierra Wireless Inc., and Gemalto NV.
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