Press release
M2M Services market globally grow tremendously at a CAGR of about 24.27% by 2019
M2M is a technology that enables communication through wired and wireless technology. The exchange of information takes place between machines and devices or sensors. Most of the wireless M2M applications It is used in various industries such as healthcare, automotive, oil and gas, transportation, public safety, and retail for smooth functioning of operations, enhancing productivity, and reducing cost. It is widely used in connected health, connected car, smart metering, fleet tracking, intelligent buildings, and POS terminals. It is used to monitor condition of patient in real-time, manage machines from a remote location, and can easily identify critical situations.TechNavio's analysts forecast the Global M2M Services market to grow at a CAGR of 24.27 percent over the period 2015-2019.
Covered :
The Global M2M Services market can be segmented on the basis of Technology, Vertical, and Geography. On the basis of technology the Global M2M Services market can be classified into three major segments: Cellular, Fixed, and Satellite. On the basis of Vertical the market is segmented into six major categories: Consumer Electronics, Automotive, Healthcare, Energy and Utilities, Transport and Logistics, Manufacturing, and Others. The others segment includes verticals such as Consumer Goods, Financial Services, Public Services, Security, and Retail. On the basis of geography the market is segmented into six major categories:
TechNavio's report, the Global M2M Services market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It also covers Global M2M Services market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key Regions
North America
Western Europe
APAC
Central and East Europe
Latin America
MEA
Key Vendors
AT&T Inc.
China Mobile Ltd.
EE Ltd.
KT Corp.
Other Prominent Vendors
Amdocs
Comarch
Ericsson
Gemalto
Huawei
Jasper Wireless
Novatel Wireless
Orange Business Services
Red Bend
Sierra Wireless
SIMcom
Sprint
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