Machine to Machine (M2M) Connections Market: Taking New Steps to Meet the Challenges and Enter in Industry

Machine-to-machine (M2M) technology refers to any technology that enables direct communication between network devices with the help of wired and wireless communication channel by exchanging information, interpreting data, and making decisions individually without human assistance. Machine to machine connections are usually used in warehouse management, supply chain management, and remote monitoring. For instance, machine to machine connections enables a retailing machine to directly communicate with the distributor regarding any particular product stock whenever it is running low by sending him a message.

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Major factors driving the growth of machine to machine market connections is increasing penetration of internet. Moreover, advancement in technologies and increasing adoption of 2G, 3G, and 4G Long-Term Evolution (LTE) cellular networks are favorable for global M2M market growth. For instance, according to Internet World Stats, in June 2017, total internet users count was around 3.89 billion, which is about 51.7% of the global population. Furthermore, substantial penetration of short range wireless technologies, which includes Bluetooth, Wi-Fi, and ZigBee are further expanding the role of machine to machine connections globally. These wireless connectivity technologies enables real time communication. They have applications in healthcare for patient monitoring devices, car infotainment systems, and smart appliances.

Machine to Machine Connections Market: Regional Insights

The market for machine to machine connection in Asia Pacific region accounted for largest share of the global machine to machine connections market in 2016. This growth is attributed to explosion of smart devices. China manufactures inexpensive sensors, which are responsible for increased penetration of smart devices such as wearable devices and smart home appliances. These smart devices collects data and zap is wirelessly connected to the internet, owing to increased number of smartphones utilization, which is propelling the demand for regional machine to machine connections. According to the State of Social Media and Messaging in Asia Pacific: Trends and Statistics published by RVC, a state fund of funds and the development institute of the Russian Federation, in 2016, around 3.42 billion internet users were representing around 46% of global population, 2.31 billion social media users were there delivering 31% of global penetration, and 1.97 billion mobile social media users were there equaling 27% of global penetration in Asia Pacific region.

Machine to Machine Connections Market: Competitive Background

Major players operating in the global machine to machine connection market include AT&T Inc., Cisco Systems Inc., Texas Instruments Incorporated, Huawei Technologies Co., Ltd., NXP Semiconductors N.V., Intel Corporation, Murata Manufacturing Co., Ltd., Gemalto N.V., Vodafone Group PLC, U-Blox Holding AG, Commsolid GmbH, and Fanstel Corporation.

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Machine to Machine (M2M) Connections Market Taxonomy:

On the basis of technology:

Wireless Technology
- Cellular Network
- Short Range Network
- Wired Technology

On the basis of end user industry:

- Healthcare
- Automotive & Transportation
- Consumer Electronics
- Utilities
- Retail
- Security & Surveillance

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