openPR Logo
Press release

M2M Services Market: Improved Internet Connectivity Ramps M2M Services Demand

10-26-2017 12:30 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
M2M Services Market: Improved Internet Connectivity Ramps M2M

The global M2M Services Market is featured by the dominance of some of the large telecom companies that have global presence, says a recent market publication by Transparency Market Research (TMR). Some of the prominent names in the global M2M services market are AT&T, Deutsche Telekom AG, Gemalto NV, PTC, Ericsson AB, EE Limited, Sprint.com, Aeris Communications Inc., PTC, Verizon Wireless, and Oracle.

Keen players in the market are investing heavily in research and development to acquire advanced communication technologies and are resorting to collaborations and partnerships for expanding their outreach. Key players in the market are also seen to tap into opportunities in emerging markets after the revival of the economy post the economic slump of 2008.

Sample With Latest Advancements @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=30572

As per a report by TMR, the global M2M services market is likely to expand at a phenomenal 27.2% CAGR for the forecast period between 2017 and 2025. At this pace, the market is likely to attain a value of US$83,616.1 mn by the end of the forecast period in 2025 from its evaluated worth of US$9,695.1 mn in 2016.

The segments of the global M2M services market depending upon organization size are large enterprises and small and medium enterprises (SMEs). Of the two, large enterprises held the leading share in 2016 and accounted for the leading revenue contribution to the global M2M services market.

On the basis of industry vertical, consumer electronics led the market in 2016 vis-à-vis revenue. However, the manufacturing segment is expected to display the leading CAGR over the forecast period between 2017 and 2025.

Browse Our Press Releases For More Information @ https://www.transparencymarketresearch.com/pressrelease/m2m-services-market.htm

Geography-wise, North America tops amongst other key regional segments in the global M2M services market. Early adoption of new technology generally and the region being home to some of the leading telecom companies are key factors for the supremacy of North America.

Improved Internet Connectivity Ramps M2M Services Demand

The key growth drivers of the global M2M services market include expanded fiber optic cable networks and improved Internet connectivity. M2M communication is carried out over mobile networks that use fiber optic cables for transfer of large amount of data. With significant improvement in Internet connectivity and connection speed over the last couple of years, M2M service providers have the capability to offer advanced and integrated telecom solutions to industrial consumers. Moreover, cloud solutions provided by M2M service providers can be used over a number of a devices and can help transfer large amount of data.

Browse Our Table of Content @ https://www.transparencymarketresearch.com/report-toc/30572

Apart from this, significant drop in operational costs involved with M2M services due to improved wireless connectivity speed are adding the growth of M2M services market.

Huge investments by telecom companies for development of fiber optic networks is also fuelling growth of M2M services market. For example, India based Reliance Industries’ telecom venture Reliance Jio involves hefty investments in fiber optic network. Launched in June 2017, fiber cable network of Reliance Jio has a total length of 25,000 kilometers that connects countries in Asia, Europe, and Africa. Another example of investment in fiber optic network is Google’s 9,000 kilometer long fiber optic cable that connects the U.S. and Japan.

Lastly, the increasing number of connected devices that transfer data using fiber optic networks is expected to boost the global M2M services market in the upcoming years.

Incidents of Cyber-attack leading to Information Theft across Connected Devices Hampers M2M Service Adoption

On the flip side, repercussions of theft of valuable data in the event of a cyber-attack are providing headwinds to the growth of global M2M services market. This is because M2M service connects multiple devices to the back-end IT infrastructure of an organization that results in hacking of information from multiple devices through a single platform.

Nevertheless, players in the market are engaged in designing secure M2M platforms and imparting knowledge among M2M service users about the safe usage of M2M communication technology.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release M2M Services Market: Improved Internet Connectivity Ramps M2M Services Demand here

News-ID: 787743 • Views: 284

More Releases from Transparency Market Research

Transdermal Skin Patches Market Pegged for Robust Expansion by 2024
Global Transdermal Skin Patches Market: Overview Transdermal patch, a medicated adhesive patch attached to the skin to administer medication into the bloodstream through diffusion, is gaining traction as a viable alternative to oral delivery of medicines and hypodermic injections. This is because they are painless, non-invasive, and kinetically maneuverable procedures that need to be kept attached between anything from eight hours to seven days depending on the therapeutic indication. So far,
Gastric Cancer Drugs Market to Register Substantial Expansion by 2024
Global Gastric Cancer Drugs Market: Brief Account The market for gastric cancer drugs is projected to grow and spring out with the increasing medical needs of patients suffering from the disease. Globally, one of the typical evidences of increasing incidence of gastric cancer could be change in living pattern and adoption of unhealthy lifestyle. Therefore, with increasing demand for treatment, growth in the market could be clearly seen. Primary reasons for
Next Generation Sequencing for Non Invasive Prenatal Testing Market to Reflect I …
Non-invasive prenatal testing is gradually being accepted by pregnant women with high-risk for screening common fetal chromosomal aneuploidies such as Edward’s syndrome (trisomy 18), Down syndrome (trisomy 21), Turner syndrome (monosomy X) and Patau syndrome (trisomy 13). Accuracy, safety, and non-invasiveness are the key factors credited to the acceptance of these tests amongst gynecologists and expecting mothers related to invasive tests such as amniocentesis and chorionic villus sampling (CVS). MaterniT21
X Ray Detectors Market to Receive Overwhelming Hike in Revenues by 2024
Global X-Ray Detectors Market: Snapshot The growing technological advancement and increasing geriatric population will fuel the growth of the global x-ray detectors market. The increasing incidences of orthopedic, increasing use of imaging technology, and cardiovascular procedures will drive the growth of global x-ray detectors market. The introduction of effective x-ray devices such as filmless imaging machines will fuel the growth of the market. Better image quality and decreased cost will drive

All 5 Releases


More Releases for M2M

M2M Services Market - Improved Internet Connectivity Ramps M2M Services Demand
The global M2M services market is featured by the dominance of some of the large telecom companies that have global presence, says a recent market publication by Transparency Market Research (TMR). Some of the prominent names in the global M2M services market are AT&T, Deutsche Telekom AG, Gemalto NV, PTC, Ericsson AB, EE Limited, Sprint.com, Aeris Communications Inc., PTC, Verizon Wireless, and Oracle. Keen players in the market are investing heavily
Australia - Cloud Computing, Data Centres And M2M
Technologies that are shaping the Digital Economy Cloud Computing and Big Data Already more than a decade ago BuddeComm started talking about the great potential of Application Service Providers (ASPs) but, together with the data centres, they were dunked in the dotcom crisis. Even then we indicated that the concept was sound and that it had great potential. Now over a decade later they are back, but this time under the name of
Cellular M2M Markets
Consistent growth driven mainly by Automotive and Utilities This report analyses the overriding trends and changes taking place in the M2M market around the globe. It explores the driving forces behind the market’s growth and transformation, including an examination of major market trends, plus volume and value forecasts up to 2020 by region (4) and by country (25). It also presents the quantitative evolution of cellular modules, by application and by networking technology.
Europe Agriculture M2M Market Report 2021
Big Market Research adds “Agriculture M2M Market” new report to its research database. The report spread across 100 pages with table and figures in it. This report studies sales (consumption) of Agriculture M2M in Europe market, especially in Germany, UK, France, Italy, Spain and Russia, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering Aeris Dacom ELECSYS ELTOPIA Kontron Orange Business Services Verizon Vodafone Tyro Remotes Valley Irrigation Click
M2M Challenge announcing new partner Engerati
Herrsching, Germany – The world’s leading competition for m2m communication, the M2M Challenge, is pleased to announce Engerati as a new cooperation partner. Engerati is part of the Clarion Events Group and an online Smart Energy platform. Launched in 2012 at the European Utility Week and created as a meeting place for energy professionals, it has since become a central destination for Smart Energy professionals to network, and access a
M2M Challenge 2013/14, World’s Leading M2M Competition to Kick-Off at the m2m …
After an outstanding first year, the M2M Challenge once again invites developers to present their cutting-edge m2m solutions and win prize, this year worth over $160,000. Kick-off for this year’s competition is May 14th at the m2m Forum in Milan, Italy, with representatives from top-tier companies. The world’s leading m2m award, the M2M Challenge, recognizes and honors new and innovative m2m solutions in cooperation with partners and sponsors, including the title