Machine-To-Machine (M2m) Market by Component (Actuators, Sensors, Memory, RFID, Power Modules and Communication Modules), Application (Consumer Electronics, IT, Retail, Trends Analysis, Size, Share, Growth, Trends and Global Opportunity Analysis and Indus

Machine-to-Machine technology is a very broad term which specifies that, the devices which can communicate through a type of technology and can perform actions without any manual assistance. This technology allows communication between both the wired and wireless systems.
They major driving factors of the technology are rising adoption rate of the M2M applications and penetration of various technologies such as 2G and 3G in the global market. The high cost of installation of this technology and its maintenance are some of the challenges faced by the market. With the increase in innovative solutions by several organizations, the market is expected to grow briskly. The various upcoming applications and the continuous up-gradation of technologies make this market lucrative and essential to study.

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The technologies used for M2M communications are 2G, Wi-Fi, Ethernet, Zigbee, Power-Line, etc. As the 2G technology is most commonly used, it has highest market share. Zigbee technology is expected to grow at increasing CAGR due to its benefits such as low cost, low power consumption, scalability & security of networks, and network resilience & ease of commissioning.
Machine-to-Machine market analysis by Components.
The various components used in this technology are actuators, sensors, memory, RFID, Power and Communication modules. The most widely used component in the applications is sensors. Sensors in M2M communication gathers the data and sends it to network wirelessly where it is next routed
Machine-to-Machine market analysis by ApplicationsThe distinct sectors wherein this communication technology is used are Consumer electronics, Information Technology (IT), retail, transportations & automotives, healthcare, security and surveillance.
Machine-to-Machine market analysis by Geography
The research is carried out in different regions such as North America, Europe, Asia Pacific and RoW. The North America, due to its technological advancements, currently it is the most advanced region and it has highest number of smart homes solutions with 3.5 million systems installed till 2013. Hence this region is expected to grow faster than other regions.

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The research provides widespread view of the global market. Porter’s five force model helps in identifying stakeholders and their strategic moves. The bargaining power of buyer is relatively high as various companies extending their services to the customers. Since there is no one key player dominating the market, the bargaining power of suppliers is low. The threat of substitutes is low and inter-firm rivalry is high. The threat of new entrants is high. The value chain analysis includes mapping of operational activities and assessing the efficiency and effectiveness of those operations to reduce costs and improve quality. This would benefit the new entrants in knowing the value chain of the existing market.

KEY BENEFITS

Porters five force’s model helps in analyzing the potential of buyers & suppliers, and the competitive sketch of the market which would guide the market players to develop strategies accordingly
Assessments are made according to the current business scenario and the future market structure & trends are forecast for the period 2014-2020 with the base figures of the year 2013
The analysis gives a wider view of the global market including its market trends, market structure, limiting factors and opportunities
The advantages of the market are analyzed to help the stakeholders identify the opportunistic areas in a comprehensive manner
The value chain analysis provides a systematic study on the key intermediaries involved, which would in turn help the stakeholders in the market to make appropriate strategies.

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