Machine-to-Machine (M2M) Communication Market 2019 Global Industry Applications by Key Leaders: Cisco Systems, Rogers Communication, Singtel Group, Vodafone Group, Verizon Communications,China Mobile, NumerexSierra Wireless

Market Highlights:

The Machine to Machine (M2M) communication is a type of data communication technology that enables the devices such as sensors or meter to share information automatically with other devices and perform necessary action through a network which can be wired, wireless or hybrid without human intervention. M2M communication is often used for remote monitoring to capture an event and transfer data between mechanical or electronic devices.

M2M communication provides various features of such low power consumption, low cost, infrequent and small data transmission, two way communication, low processing power, reliability and flexibility among others.
The M2M communication market is growing rapidly and being adopted in many sectors such as Consumer electronics, Healthcare, Retail, Automotive, Utilities, and Home Automation among others.
The M2M Communication forms the base of Internet of things (IoT) technology and due to the rising demand of Internet of things (IoT); the M2M Communication Market is also expected to show an exponential growth.

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Major Key Players

• Aeris communication. Inc. (U.S.),
• AT&T, Inc. (U.S.),
• Deutsche Telekom AG(Germany),
• Cisco Systems Inc. (U.S.),
• Telenor Group(Norway),
• KORE Wireless Group(U.S.),
• Intel (U.S.),
• Rogers Communications Canada, Inc. (Canada),
• Singtel Group (Singapore),
• Texas Instruments (U.S),
• Vodafone Group plc.(U.K.),
• Verizon Communications, Inc.(U.S.),
• Sprint Corporation(U.S.),
• Telefónica, S.A.(Spain),
• Numerex Corp.(U.S.),
• Sierra Wireless (Canada),
• Orange S.A.(France)

According to MRFR, Hence, Globally the M2M Communication market is expected to grow at ~10% CAGR (2016-2022).

Segmentation:
Global M2M Communication market has been segmented on the basis of Technology, Component, and Application. The Technology has been identified as Wired, Wireless and hybrid whereas Component consists of Wi-Fi, Sensors, RFID, and Software among others. The application comprises of Consumer electronics, Healthcare, Retail, Automotive, Utilities, and Home Automation among others.

Detailed Regional Analysis

In the M2M communication industry context, The North American region is controlling the market owing to the prospects accessible for M2M communication by mobile operators which will grow the connection and revenue of this industry. In terms of the revenue generation context, The U.S. is driving the market in the North American region owing to the increasing demand of high-speed networks and cloud based services in the U.S. that allows analysis, easy access and handling of stored data transactions to aid clients to develop their business processes.
On the other hand, the European market is estimated to record vigorous progress in the Machine to Machine Communication sector owing to industrial expansion as well as infrastructural development. The M2M Communication industry is also growing owing to the high adoption rates in security, transportation, warehouses and surveillance among others. Due to these factors, the European markets is the second biggest market for M2M Communication. The Asia-Pacific region has appeared as a swiftly developing market owing to growing implementation of digital solutions such as smart meters and smartphones in India and China. The improving economic circumstances, increase in industrial growth and initiatives by the government such as ‘Digital India’ are also supporting the market development favorably.

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Study Objectives of M2M Communication Market:

To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Global M2M Communication Market
To provide insights about factors affecting the market growth
To analyze the M2M Communication market based on various factors- supply chain analysis, porter’s five force analysis etc.
To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segment by technology, component, Applications and sub-segments.
To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global M2M Communication Market.

LIST OF TABLES

Table 1 Global M2m Communication market, By Technology
Table 2 Global M2m Communication market, By Component
Table 3 Global M2m Communication market, By Application
Table 4 Global M2m Communication market, By Regions
Table 5 North America M2m Communication market, By Country
Table 6 North America M2m Communication market, By Technology
Table 7 North America M2m Communication market, By Component
Table 8 North America M2m Communication market, By Application
Continued…….

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This release was published on openPR.