M2M Services Market : Structure and Overview of Key Market Forces Propelling Market
Keen players in the global M2M services market are investing heavily in research and development to harness advanced communication technologies and are focused on carefully-crafted collaborations and partnerships to expand their outreach. A lot of leaders in the market are interested in tapping into growth opportunities in emerging economies.
Some of the primary growth drivers of the global M2M services market are expanded fiber optic cable networks and improved Internet connection. This has enabled M2M service providers to offer integrated telecom solutions to industrial consumes. Apart from this, significant drop in operational costs involved with M2M services is boosting their uptake across a large nuber of industry verticals.
However, loss of valuable information across multiple connected devices in the event of a cyber-attack is providing headwinds to the growth of global M2M services market.
As per a report by Transparency Market Research, the global M2M services market is likely to expand at a phenomenal CAGR of 27.2% between 2017 and 2025, for the market to attain a value of US$83,616.1 mn by the end of 2025 from US$9,695.1 mn in 2016.
Obtain Report Details @
Manufacturing End-use Segment to Display Robust Growth Rate over Forecast Period
The key segments of the global M2M services market based on organization size are large enterprises and SMEs. Of them, large enterprises led the market in 2016 vis-à-vis revenue. However, SMEs is expected to surpass in terms of growth rate over the forecast period between 2017 and 2025. The growth of SMEs is mainly due to rising use of internet of things (IoT) by small enterprises.
In terms of service type, the segments of the global M2M services market are managed services, professional services, and connected and data storage services. In 2016, connectivity and data storage services contributed the leading revenue, and going forward too, the segment is expected to rise at a significant CAGR over the forecast period. Professional services is expected to display the leading CAGR over the forecast period.
The key segments of the global M2M services market depending upon industry vertical are retail, healthcare, consumer electronics, oil and gas, manufacturing, automotive, transportation and logistics, and others ( education and hospitality). The segment of consumer electronics stood as the leading revenue generating segment in 2016. However, the manufacturing sector is expected to rise at the leading CAGR over the forecast period.
Request Sample Report@
Presence of Numerous Large M2M Service Enterprises Makes North America Leader
The global M2M services market has been classified based on geographical regions into North America, Asia Pacific, Europe, South America, and the Middle East and Africa. Powered by the U.S., North America tops among other key geographic regions for M2M services followed by Europe. North America holds supremacy as it is home to some of the leading enterprises for M2M service providers. Large enterprises that are present in large numbers in North America are expected to hold 76% of the regional market by the end of the forecast period in 2025.
In Europe, implementation of Industry 4.0 is majorly fuelling the growth of this regional market. Industry 4.0, aka as the fourth industrial revolution is primarily aimed at digitization of the manufacturing sector. Several manufacturing companies based in Germany such as Rolls Royce, Dassault Systems, and Trumpf are shifting preferences to Industry 4,0
Key players operating in the global M2M services market profiled in this report include AT&T, Deutsche Telekom AG, Gemalto NV, PTC, Ericsson AB, EE Limited, Sprint.com, aeris Communications Inc., Oracle, Verizon Wireless.
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.
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA – Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
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 : Structure and Overview of Key Market Forces Propelling Market here
News-ID: 864830 • Views: 93
More Releases from Transparency Market Research
Voltage Detectors Market – Evolving Technology Trends and Industry SWOT Analys …
The global voltage detectors market includes large number of players. Some of the key players are Texas Instruments, Toshiba, ROHM Semiconductor Sharp Microelectronics, Analog Devices Inc., STMicroelectronics, ON Semiconductor, Torex Semiconductor, Taiwan Semiconductor and Seiko Instruments. Browse Our Report @ https://www.transparencymarketresearch.com/voltage-detectors-market.html Voltage Detector is a testing equipment generally used to determine the existence or absence of an electrical charge in an object. It is highly suggested for conditions where power issues exist.
Switched Capacitor Filters Market : Key Segments, Maket Insights, Regional Outlo …
Major players in the global switched capacitor filters market are Texas Instruments Incorporated, Analog Devices, Inc., Maxim Integrated, Inc., Siemens AG, Eaton Corporation, and among others. Browse Our Report @ https://www.transparencymarketresearch.com/switched-capacitor-filters-market.html A switched capacitor filter is an active filter based on the consideration that a switching of capacitors between two circuit nodes at an adequately high rate that is equivalent to a resistor connecting these two nodes. The switched capacitor filters are
Current Calibrator Market : Recent Industry Developments And Growth Strategies A …
Key players operating in the global current calibrator market include Valhalla Scientific, Rotek Inc., Time Electronics, PCE Instruments, Martel Electronics, AOIP Instrumentation, Extech Instruments, Yogokawa Test & Measurement Corporation, Extech Instruments, REED Instruments, Fluke Corporation, and others. These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the
Damp Meter Market – Outlook by Responsible Drivers, Restraints, Demand
Key players operating in the global damp meter market include PCE Instrument, Delmhorst Instrument Co., GENERAL TOOLS & INSTRUMENTS LLC, FLIR Systems, Inc. designs, Panomex Inc., These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the global market are collaborations, partnerships, agreements, and new product launches. The
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
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
Worldwide Technology of M2M Bible 2017
ALBANY, NY, May 12, 2017 : Despite its low ARPU, the wireless M2M market has become a key focus of many mobile network operators as their traditional voice and data markets become saturated. Likewise, government and regulatory initiatives such as the EU initiatives to have a smart meter penetration level of 80% by 2020 and the mandatory inclusion of automotive safety systems such as eCall in all new car models,
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.
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